/biz/ - Business & Finance

>>16006386
>Anything higher than that or higher than whatever the highest fiat currency out there is ludicrous, right?
there is no way to spend .0000015 bat on anything, all bat transfers must be whole integers only. what am i missing?

>>16006386
the supply is limited and it’s required for use on the platform

>>16006415
Yeah but their whole thing is people get given it in exchange for watching ads and then they can “gift” it to creators and stuff. With the amount of “donation” button options out there how do they ever expect its usage to go passed like a dollar? I mean sure, maybe convenience but still. Like I can donate $1.00 to anyone right now by paying a small fee. The price of BAT is entirely limited to other fiat +maybe the equivalent fees, right?

The whitepaper has some complicated math in it that states BAT should be worth around $87 when all tokens are in circulation.

>>16006458
its still in its early stage. I can see that there will be a time when you can spend BAT on buying content itself. The 'gifting' is to get the ball rolling.

watch it become the universal cam-whore token

>>16006458
again....why cant you give .0002 bat to someone?
why are you obsessed with the idea that if it rises in price against the dollar than people won't use it?

BAT will never moon.
It's clearly stated in the whitepaper. Check the last few pages about price stability.
>https://basicattentiontoken.org/BasicAttentionTokenWhitePaper-4.pdf
tl;dr BAT will never go above $1.

>>16006506
Oh dude, I’m not here trying to pretend I know what I’m talking about. I’m honestly asking questions. My question to you would be why would I “gift” a cam-whore 0.0002 BAT when I could just as easily gift them and not have to watch ads or use Brave browser?

>>16006573
*gift them a dollar

>>16006573
You don't need to use Brave to get BAT. Its a way for them to get early adopters

And the advantage would be to make it so your CC or Paypal doesn't show money going to brazilian trap cam girls.

>>16006570
absolute garbage. you clearly haven't read it, too dumb to understand the formulas presented, or are just a shill.
no where in the paper is there any mention of "price of bat" ever mentioned. the only mention is that (the last fucking line which is probably the only thing you could read) was that "long term price stability to expected"....so yes after 10 years of use, perhaps price to usd settles around $20-50 depending how much of the online ad market they capture.

>>16006606
>so your CC or Paypal doesn't show money going to brazilian trap cam girls.
Sure, I can see that. But it still leaves, in my opinion, a fairly small bump in value over a dollar. I mean there will surely be a limit to the premium even the most desperate neckbeard will tip a camwhore with BAT over a dollar, no?

>>16006570
It doesn't have to go above $1. BAT can be earned and BAT can be spent. Using BAT both ways or any cryptocurrency like that keeps it alive. We need a universal payment service accepting all the legitimate cryptos and a fiat on and off ramp/converter in one. Earn BAT for watching ads and spend it on a cup of coffee.

>>16006583
you can give bat to anyone you want...you don't need to watch ads to do that.

>>16006666
Wasted.

>>16006655
Obviously won't replace the dollar but will likely become somewhat widespread particularly among kids, neckbeards and pedos

>>16006666
Absolutely chequed

>>16006630
This was the part of the whitepaper I was referencing above. They stated BAT would stabilize around $87 per token

>>16006630
>>16006658
Stay poor, pajeets.
BAT is a stable coin. Advertisers are buying and ads viewers/content creators are selling. There is no reason to hold this garbage, everyone knows that. Enjoy your dump once next month starts, 3.4k sats was the top btw.

>>16006694
>among kids, neckbeards and pedos
Well now I have a further hard time believing advertisers will just be cool with kids, neckbeards, and pedos being their target audience with BAT.

>>16006804
Who do you think watches the most ads online?
Kids
Who wants to buy shit online but can't use a credit card
Kids

>>16006820
Okay, fine, let’s ignore the neckbeards and pedos you previously included. Let’s focus on the kids. Let’s say that kids DO start becoming the primary user and base and actually buying shit online because they can’t get a credit card. Do you honestly believe BAT would be immune from government interference on something like that? That millions of parents would just let that continue without pressuring congress?

>>16006820
>>16006865
Hell, forget pressuring congress and just think about the advertisers? You think advertisers will withstand the pressure of millions of parents saying “dudes, what the duck do you think you’re doing?”

>>16006883
Anon.. that's when you dump.

>>16006909
What? I thought you were all looking for stable futures and societal changing technologies? Surely, you want something to succeed in the long term? Or are you just here to pump and dump BAT and you just showed your cards?

>>16006951
Other anon was right.../Biz/ doesn't deserve BAT. IF Congress gets lobbied or parents complain you sell it.. but I don't think that's gonna happen for a long time.

>Believing the meme of never selling

Stay poor fren :(

>>16007008
More time for you to accumulate I suppose.

>>16006409
Probably because bat isn't worth all that much right now so there's no point in adding the ability to send fractions of cents yet. They'll most likely update it if/when it gets high enough to make a difference. There's a lot of different things they could expand on to make it way better (Donation links and stuff) which they'll probably get to later.

"it's irresponsible not to hold BAT"
Guys we fucking know, stop posting about a media based shitcoin on a cia Nazi Honeypot forum, they don't need to be associated with this place like LINK is.

Follow up question. Is BAT basically like BSV or is BAT basically a version of Libra?

BAT will reach approximately the price of a latte at a major, international US airport. $5.

>>16006409
You can absolutely spend fractional BAT what are you talking about?

>>16006409
You should take a look at the smart contract before you say things like that

BUNCH OF RETARDED SCHIZOS TALKING TO EACH OTHER IN THIS THREAD

>>16006493
Brapper BTFO

the only goal of this coin is to acquire more chainlink. if you are holding this shit long term and are not just trading it then you are a dumbass

>>16008931
cringe

>>16006570
based 2017 FUD.

>>16006386
BAT goes to $1 and all of a sudden youtubers/twitch streamers/etc. will want BAT. Think about this logically.

>someone donates $3
>some asinine garbage is read out loud
>streamer says "oh shit thanks for the dono s01cukold49"

now imagine being able to do that anywhere on the web without having to type in any of your personal information. Instant donations to twitch streamers, youtubers, authors, twitter accounts, etc. All with the same cryptocurrency. That's what BAT will be; like a hyper-powered, cross platform "like" button. Extreme potential. Once people actively want BAT (i.e. after price has surpassed a certain amount, atm 1 BAT is laughable, like pennies are IRL), the price will skyrocket.

>>16009003
Exactly. Now figure that at least half of their audience is kids with too much time in their hands and no access to CCs to buy shit. They are gonna be watching ads and driving the price up

how do we get these dumb /biz/ niggers interested in BAT, bros?

>>16010434
Will be dropping some memetic material this weekend/next week.

Just keep accumulating. Interest needs to get off chain link before attention can go on BAT. And hopefully Link winnings will be able to be funneled into BAT