Bitcoin Forum

Basic Attention Token [BAT], scam or not? I read the other article early this morning and it gave me the wrong impression about this altcoin, since I was thinking of investing in it. Anyone who has invested in it, please just share your experience on investing in BAT

Google blocked in your country?

srsly do your own damn research

You couldn't invest even if you really wanted to, it sold out in 30 seconds or something like that.

BAT is to be used with Brave Browser, the CEO of Brave software also invented JavaScript and co-founded Mozilla.

I'm not saying BAT is a good investment or their business plan is solid, but at least they're as legit as they come.

https://en.wikipedia.org/wiki/Brendan_Eich

The problem is that 5 people bought for 80% of the total BAT token during ICO.

I wanted to buy some but now I don't think it will be easy to have some tokens at ICO price because if those people hold the price will only rise...

The investors look madness with ICOs. BAT get fully successful on his ICO in less than 1 minutes.
Some of the funding projects are having a lot of shares of BAT token. Too many whales on BAT and that makes little investors can't participate in the crowd sale and it's not a scam in my opinion.
Just try to keep my eyes on its project.

From the creator of JavaScript and the co-founder of Mozilla and Firefox.
Thats Scam of course.


ps. since 2 hours on Bittrex

Now it is quite difficult to invest in coin through ICO if you are not having deep pockets.

How is that a scam?

Exactly. 30 seconds and it's over, small investors did not have any chance.

This is also the reason I am quite disappointed since I am waiting for this coin and expecting to join their ICO. Sad to say, it seems they are only buying the coin and do not want to share to everyone else. I slowly bought at Liqui now...

Smells very shady and dishonest project. The ICO ended in 30 seconds! Can you imagine? 35 ml USD was raised in 30 seconds!

Insiders bought all the coins and now they will sell them on higher prices and dump on you. So stay away from BAT as well as from Gnosis. Both are scam projects!

I don't think it's necessarily a scam.

Some projects seek private investors to intentionally out-muscle small investors.

Other projects value the community effort and like to see an even spread of investment.

I like to think Bitcoin and Satoshi's vision was to harness the power of community and distributed investment, and something like Brave and BAT goes against that.

It is sad, because it could have been the opposite.

Just a footnote... do not write off Mozilla, or Microsoft, getting in on this game.

it's popular in china,and I had buy about 576 bat in the bter.com

That was rude, The last time I checked this forum was meant for discussions. If you don't have anything to say just act like you never saw this post and give other people who are having things to say a chance. Stop being rude

I cant say bat is a scam, they definitely have big name devs backing their project. I think they will just take some time in the crypto world before getting fully on their feet.

It is not scam.Developed by Firefox creator.You can install his Brave browser and see how it works,i think many people will use Brave,Brave much more take care of user privacy than Google

I heard that the chrome extension will allow you to be rewarded in BAT for clicking on ads, I guess like adsense.

Or was this FUD? If not, it seems like a decent way to make money.

Now I can say that it's not a scam, It's doing good, and I might even end up investing in it

it already listed on liqui and bittrex so maybe their ICO already successed, and i very shock when know their ICO end in short time  ;D

It is by no means a scam. However, do your research this only works if you use their browser. There are some big names tied to this product so I would say it is at least as secure as any new coin can be.

Sarcasm.

I just downloaded the BRAVE browser, how many of you BAT buyers downloaded the brave browser already? :)

I don't think BAT is a scam, the only thing I did not like was the big amount of coins bought in the ICO by a small group of buyers.

just buy some BAT coins, there still cheap atm.

Not a scam perse, but since a happy few bought the entire supply they are selling it for sky-high profits.

Cryptos need to do something about this nonsense, this is not what cryptos should be about - making the rich richer by bloodletting the little ones.

I am like 1000% sure BAT will be at least $2 billion marketcap coin!  buying now is super cheap!  And btw I think the 4 big ICO buyers got burned big time, the price fell under ICO price alot!

The ICO price was $ 0.08 if i am correct, so it's still about 200% up. So no ;) The ICO buyers didn't got burned their investment is still doubled.

It's not a scam. But you shouldn't buy right now, the project is probably 1 year away from signifiant development / news. And atm it sits at ~6x ico price. It will probabil drop to ~100mil cap.

For the token to work, the browser must first be successful (ie competing with Chrome). Even then, how much advertisers are willing to pay to advertise using such a model? Really difficult to say if it will succeed or not, and whether it's worth buying at the current valuation.

Scam ? Did you have a look at the founder's background ? This should eliminate all doubts about this project

and after that we will see the big future ahead, if the dev will continue pursuing their goal to success competing with big well known company will leave as their as a dream but like fb founder mark S. did he just continue dreaming and he dream big and look at him now. so lets face it those who doesn't like the project will fud here and those who believe will depend will see the result after maybe a year or two.

All this hype but where are the pools!?
Skimmed through roadmap but Im ignorant and dont understand it.

Great concept, extremely hard to pull off and convert people/advertisers to use it.

Up to the investor to personally decide if the risk is worth it.

To break into that kind of market when you are up against google and company is tough.  Good luck to them. They will need it

The dev team is too solid to be considered a scam. I'd doubt that many people would risk their names. As previously said the main developer of JavaScript. About that fast sellout of the token I don't know. If they weren't who they are I would consider it very very shady.

it can't be a scam.
they hiring some new devs and taking some time.
it will go up soon.
just take your time.

But you are forgetting ICO investors paid a big premium in order to get in by paying high amounts of gas, so it's not as clear as saying %200...

The whole idea of paying with some token to remove ads is dumb in my view, anyone with enough knowledge about crypto knows about adblock.

Clearly not a scam.

I did not invest during the ico. (Could not)

I have some BAT in my portfolio as of this week.

I have used the brave browser both on my pc and iphone. It is really nice, less battery consumed more privacy and faster page load. Their vision makes me a believer. I am hodler on BAT

I am using the brave browser seems to be like chrome with adblock but better

I own some BAT the price will triple until the end of the year!!

I don't know if I like the idea that people would get paid for watching ads. If you are an advertiser, how much value would you put in such interactions (views or clicks) with such ads? I bet, not much. In that sense, to me, these ad interactions wouldn't be too different from the bot traffic.

I have used it for 1 week and first intention is okay. I don't think it will turn into a scam, becasue they have a solid team. If I'm not wrong, some of the developers served it Mozilla in their past. But honestly I find its price very high.

The project looks legit, but I have never liked poorly distributed tokens.

I am also not sure how popular an alternative web browser can get. Google Chrome, M$ Explorer, and Safari are pretty entrenched in the space, and they all had their own operating systems to package their browsers with to gain market dominance.

I would need to see comparisons of the usage of them versus third party open source browsers like Firefox, but just guessing that the usership of such is a paltry sum compared to the giants like M$, Apple, and Google.

Defenitely not one lol,bought some now, will hold it long term.

Why BAT is going to the moon?

1. BAT made tipping much easier!!
2. 700% until ATH!!
3. BTC going to the moon within 3 days
4. 6h, 4H and 2h chart diverging bullish.
5. Twitterhype is all around
6. Triple bottom
7. BAT is working BRAVe desktop browser !!
8. Severely Undervalued. Bulls are coming soon. 
9. Amazing website, white paper and fundamentals.
10. More Bullish news to follow this week.

Basic Attention Token or BAT is an open source advertising platform built on Ethereum platform using smart contract revolving around blockchain technology. It was founded by the famous internet entrepreneur Brendan Aich in 2017. It is introduced as a means for all monetary transactions on advertising platforms.

The users need not reach out to the external servers for every page load as ad matching is performed locally. The browser has an entire collection of user data along with URLs, browsing information, active tabs and so on. They also provide with some offers if they find a user inclined to a certain site or page.If you want to invest on this token you can buy here. (https://coinswitch.co/coins/basic-attention-token)

 As far as the future of BAT coin is concerned, it might take the advertising industry by storm and grab the spot for building on it for long term developments. Anyway, it has got industry-wide support, with many big names in it and high basic attention token potential.
Do your own reserch before invest on any coin.

Basic Attention Token has pretty good results now  :o  https://cmc.io/coins/basic-attention-token