Topic: Thoughts on BAT token? (Read 143 times)

agreed, infact ethereum had fallen more than BAT. even though i'm not a BAT fan but for me it's still  considered as a good coins

No altcoin other than some pump and dump coin got hype after the 2018 ATH, so I think BAT is still in good position in term of other altcoin which has lost value more than 90%. BAT didn't lose that much of monetary value.

i don't know if there is still a hype on BAT, but after i looked the price history it's actually impressed me that the price really have not much different if we compare it with 2018 price

I agree with the author of the topic that we will not get much money for using the browser. But this is still a fairly low price. But in the future everything is possible, for example, the price will be from $ 1 and higher, and then in many poor countries they will use it and watch advertising, but on condition that these tokens will be able to be exchanged for real money.

To me BAT is nothing more than pure speculation. It's true it has a nice story behind, but basically it offers nothing more than what Btc can offer as a payment method. When hype will decrease for BAT, people will liquidate their BAT tokens and price will decrease drastically imo.

That was my take on it too. Wondering if anyone has a different POV now a few months later.

Here are mine. Their browser is great. It's called Brave and I highly recommend you download it, it is lightning fast next to Chrome or anyone else. So that part is good. Their theory is they will get advertisers to pay browsers with their coin to get people to actually want to click and watch ads. The guy who developed Mozilla and Firefox is the head of their team and they've had some modest Silicon Valley investments. The coin price has held up relatively well.

On the other hand, it runs on the Ethereum network. Personally, I'd like an alt that has it's own network, although I understand coins like Verge failed because of this. I'm not sure their idea of getting advertisers to share revenue with their potential customers will work. The kind of people that will click on a bunch of ads to get 10 dollars a month are going to mostly be broke people. I don't see the token substituting for bitcoin like litecoin, bitcoincash, maybe even ethereum and a few others further down the trough potentially could. (Maybe dash for example).

For me to put money into an altcoin I want to see an easy potential for a ten bagger in the not too distant future, and this coin doesn't seem like it has that potential except maybe briefly on a pump. Feel free to tell me what I'm missing though. But seriously the browser is great and I recommend everyone use it.

Disclosure: I have no position in BAT and am not currently planning on taking one.