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Author Topic: BAT - Basic Attention Token ICO (31-5-17)- Worth Investing?  (Read 65151 times)
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June 04, 2017, 06:08:43 PM
 #221

I think the large portion was bought for investment in the ad industry to help launch the platform. Too many people with dignified careers to be a scam. I believe this is real and I believe the "whales" know the potential is huge.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 04, 2017, 06:48:03 PM
 #222

We need to stop trying to invest in Blockchain to make "money". We need to start buying into the technology for the power of implementation and real world applicability for people outside the tech sector by average people. That is what this is in my mind. Everyone uses a browser. Everyone is faced by adverting. This is real world implementation of the Blockchain. That is HUGE!
Well said. I love the business case of BAT because it shows the value of Blockchain technology. In the first place I'm on this forum because I'm fascinated by the Blockchain technology. BAT is finally one of the few projects that has the potential to implement the Blockchain technology functional to the mainstream.

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June 05, 2017, 12:28:53 AM
 #223

I didn't invest in this coin, but I wish I did. People all the time invest in coins that has absolutely not value. This coin actually has a purpose and a clear and defined objective. It shows the true potential of the Blockchain technology. But apart from that, if what you care about is just money, it's obvious that this coin will go over $1 in no time. I mean, they are going after a huge market, which is web advertising. Even if they just get a small percentage of it, because big G and giant F already dominate it, they will still make a chunk of money.
Most coins raise in value based on expeculation, here is a coin with actual value. I see it as a great long term investment.
I know people are worried about the whole 30 seconds 31M deal. What I think is that a few people saw the true potential of this coin and an opportunity to make lots of money, so they bought it.
It's still not too late though, if I was you, I would get this coin now that it's under a dollar, once it hit $1, it won't come down. By the time this whole project is finished, 1 BAT will be equal at least $3-$5
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June 05, 2017, 01:41:17 AM
 #224

Possible we could get BAT to start an official thread? without the official team giving some input to what's being said here, it's basically not reliable info to follow this thread.

(Example: look at Stratis which has an official thread and Rep (krushang) and the success of that ico)  Smiley

Seeing ppl say about BAT being 3-4$ sounds like wishful thinking at this point, that's talking 4$ billion mkc on a coin supply of 1,5 billion and 33% owned by devs ! it shouldn't be more then 10% on average from other projects i've seen.

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June 05, 2017, 04:33:54 AM
 #225

Majority of people thinks that BAT is a good shot for investment, but what I think as of now, better to keep away from this token. It has very obvious scheme, whales are hoarding the tokens so that they will control the price and it has been already shown right after it hits the market.

Spot on.

There's over 1,500,000,000 BAT...

I don't see why BAT should be worth over $ 400,000,000 right now.

I mean, who's using it? Who's using the Brave browser?

It's overpriced... Only 38 million BAT on the sell wall @ Bittrex... that's only 2,5% of the total amount of BAT... imagine when the whales start to dump... And BAT has real whales... big ones...

Not saying there's anything wrong with BAT, just saying that the current price is won't hold. Quote me.
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June 05, 2017, 10:45:26 AM
 #226

I don't see why BAT should be worth over $ 400,000,000 right now.

You don't get it... "market cap" in crypto is a silly metric... this coin is poised to break records. Top ten in the coming weeks. If you "don't see it", it's for the same reason you didn't see bitcoin pre-$10, or Ethereum pre-$0,4 (aka crowdsale).

I mean, who's using it? Who's using the Brave browser?

500k downloads only on android, more active users than 99% of cryptos, and an already built product from a team that has "delivered consistently" over their professional life.

It's overpriced... Only 38 million BAT on the sell wall @ Bittrex... that's only 2,5% of the total amount of BAT... imagine when the whales start to dump... And BAT has real whales... big ones...

BAT has smarter/bigger investors than your average shitcoin because it brings a real world application and taps a huge market. That's why they rushed in...

Quote
Not saying there's anything wrong with BAT, just saying that the current price is won't hold. Quote me.

Quoted... Time will judge...
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June 05, 2017, 10:46:44 AM
 #227

BAT + all insta icos = scams

because whales and insider own it all of course they can collude to make it seem it has a huge MC

wise up and avoid these projects that do not have a natural market value.

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June 05, 2017, 11:02:49 AM
 #228

BAT + all insta icos = scams

because whales and insider own it all of course they can collude to make it seem it has a huge MC

wise up and avoid these projects that do not have a natural market value.

Surely the FootballCoin you advertise has more real market value... Cristiano Ronaldo is a more prominent figure than Brendan Eich in the tech world... lol
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June 05, 2017, 12:50:55 PM
 #229

I buy about 537 bat
and take the sell order waiting it raise
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June 05, 2017, 02:02:52 PM
 #230

Last night I wanted to look at the movie, The Wolf of Wall Street once again.

At some point in the movie Jordan Belfort (Leonardo Dicaprio) said this:
https://www.youtube.com/watch?v=gItQadyA9yk

Really had me thinking of the BAT ico Smiley



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June 05, 2017, 02:45:35 PM
 #231

Which wallets are supporting BATs?
Got some BATs on Liquio and would highly like to get them within one of my wallets.
Right now, I am using EXODUS and MYETHERWALLET.

Thanks!
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June 05, 2017, 02:56:57 PM
 #232

While you guys keep discussing if it worth investing, it made like x5 easily.
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June 05, 2017, 04:20:41 PM
 #233

I don't see why BAT should be worth over $ 400,000,000 right now.


500k downloads only on android, more active users than 99% of cryptos, and an already built product from a team that has "delivered consistently" over their professional life.


"Downloads" doesn't say anything about active users.

I tried a lot of browsers but uninstalled them after 5 minutes.
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June 05, 2017, 07:49:50 PM
 #234

That's the issue, the success of BAT depends on the popularity of the browser. Making a new browser popular is not easy.

faith in authority is the enemy of the truth.
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June 05, 2017, 08:59:32 PM
 #235

Majority of people thinks that BAT is a good shot for investment, but what I think as of now, better to keep away from this token. It has very obvious scheme, whales are hoarding the tokens so that they will control the price and it has been already shown right after it hits the market.
There is something wrong with the price ,i was shocked to see the total number of tokens available and how on earth does it have those kind of valuation it does,i really could not understand some things here in this thing.I would think twice to invest in it after seeing the amount of total supply of 1,500,000,000 BAT. Grin

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June 05, 2017, 11:25:59 PM
 #236



Browser competition is tough which is why there are huge browser company that hasn't even made it yet, somehas offer incentives already for users to shift. It ain't easy making a browser popular and one mistake can end up a disaster like what happended to IE.

It is true. There are many browsers that we can choose. Some of them are simple and clean ,like google chrome, while others are too colorful and embedded with  too many links of ads. I think most of us would like to choose a clean one and hope that the private information including the navigating tracks not be used by others. So, i do think it is a good project though the team is much more technical. BTW, good luck to anyone invested in it! Cool

I think Google and Facebook are two companies whose business model base on our private information and they will never stop to creep into our privacy.

Avoid Chrome!
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June 06, 2017, 06:12:15 AM
 #237

That's the issue, the success of BAT depends on the popularity of the browser. Making a new browser popular is not easy.

Yeah, I agree.

I mean, Brave is a fine browser, I have to say.
But 500.000 downloads doesn't mean 500.000 users.

I downloaded a lot of stuff from the Google Play store that I never used afterwards or uninstalled within 5 minutes.

So maybe there's 100.000 active users of Brave.

In the W3C Global Webbrowser market share of may 2017, Brave doesn't show up:

https://www.w3counter.com/globalstats.php

Quote
Browser & Platform Market Share
May 2017

Top 10 Web Browsers
1   Chrome 58   28.38%
2   Safari 10   12.13%
3   Chrome 57   9.58%
4   Firefox 53   5.58%
5   IE 11   4.15%
6   Chrome 49   3.01%
7   UC 11   2.58%
8   Chrome 55   2.02%
9   Chrome 56   1.93%
10   IE 14   1.88%

There's only one reason why BAT is so expensive right now; whales manipulate the market.
If we had 5,000 ICO participants, there would be more BAT on the "sell" side of Bittrex.

Imagine: 1,500,000,000 BAT tokens and only 41,000,000 on Bittrex? ... wait until the dumping starts...
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June 06, 2017, 07:46:53 AM
 #238

There's only one reason why BAT is so expensive right now; whales manipulate the market.
If we had 5,000 ICO participants, there would be more BAT on the "sell" side of Bittrex.
Imagine: 1,500,000,000 BAT tokens and only 41,000,000 on Bittrex? ... wait until the dumping starts...
I really do not feel amazed with the rise of BAT,from the moment it hit the ICO market where no one had a chance to enter and now after hitting the exchange the price is crazy,i would like to see people dumping the coin and then i will make up my mind whether to enter the coin or not as the current price is just bonkers to enter.
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June 06, 2017, 08:05:34 AM
 #239

be careful dude, recently many ICO coins drop very quickly to below ICO price after hitting an exchange, while ETH is up up up, so simply holding ETH might be a safer choice.

This is a big gamble  Cool but what if BAT token goes another way instead of going down?  Wink

I am seeing bat ico price x 10 by now............

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June 06, 2017, 09:06:24 AM
 #240

BAT's policy is very interesting. COIN sold out in minutes,wish i had some in it. Its on ETH based. They briefed detail in their whitepaper.
The guy behind BAT is Brendan Eich, the creator of JavaScript and the co-founder of Mozilla and Firefox, with a solid team – funded by Founders Fund, Foundation Capital, Propel Venture Partners, Pantera Capital, DCG, Danhua Capital, Huiyin Blockchain Venture among others.
To be honest ...woow.
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