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Ren's old crypto thread || we know how to buy this stuff now (1 Viewer)

ren hoek said:
Better interface, default dark theme, voip if we're feeling really ambitious, memes look better, my video game clique is on there already, lightweight client, nice mobile app, convenience for me personally etc. It upended skype for people that play video games
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What are you playing these games Ren?

 
SkyRattlers said:
Definitely this.

I started out by using CoinCap and it was alright, but not very flashy. 

Moved over the Blockfolio and it was slightly better.

But 2 days ago I moved to Delta and I'm loving it. My one the coolest features is that I can do all my transactions to get my report but I can also sync it with my wife's phone so that whenever she wants to know how we're doing she just opens her copy of Delta. And any changes I make on my phone automatically shows up on her's now that we're sync'ed.
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Good to know. I use coin cap and the prices never seem to be ... accurate. Never could tell if they were super fast, slow, or something in between.

 
Question about BAT..... why invest in it? 

What does BAT stand for and what is it?

Basic Attention Token. It is a utility token based on the Ethereum technology that can also be used as a unit of account between advertisers, publishers, and users in our new, blockchain-based digital advertising and services platform. Ownership of the tokens carry no rights other than the right to use them as a means to obtain services on the BAT platform, and to enable usage of and interaction with the platform, if successfully completed and deployed. The tokens do not represent or confer any ownership right or stake, share or security or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the BAT platform, and/or Brave and its affiliates. The tokens are not refundable and are not intended to be a digital currency, security, commodity or any other kind of financial instrument.
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It's probably something simple, but what are we banking on to get profits from BAT?

Are there a limited amount of BAT tokens....thus increase demand will increase price? 

If it's not a limited supply then what causes the increase in price of BAT tokens? From my understanding what BAT essentially is... you're paying for ad-free/specially targeted ads and the BAT token is used to keep payments automatic and anonymous. Pretty much pay as you go internet usage. Maybe I'm misunderstanding something but BAT itself is not a share in the company....it's just the means to use the Brave browser's ad-free/tarageted/pay as you go structure. So buying BAT is pretty much like buying a gift card to use on internet website.

Yay or nay?  

 
Charlie Harper said:
Question about BAT..... why invest in it? 

It's probably something simple, but what are we banking on to get profits from BAT?

Are there a limited amount of BAT tokens....thus increase demand will increase price? 

If it's not a limited supply then what causes the increase in price of BAT tokens? From my understanding what BAT essentially is... you're paying for ad-free/specially targeted ads and the BAT token is used to keep payments automatic and anonymous. Pretty much pay as you go internet usage. Maybe I'm misunderstanding something but BAT itself is not a share in the company....it's just the means to use the Brave browser's ad-free/tarageted/pay as you go structure. So buying BAT is pretty much like buying a gift card to use on internet website.

Yay or nay?  
Click to expand...
That’s pretty much every ico.  You’re betting on widespread adoption increasing the value of the token.

 
Charlie Harper said:
Question about BAT..... why invest in it? 

It's probably something simple, but what are we banking on to get profits from BAT?

Are there a limited amount of BAT tokens....thus increase demand will increase price? 

If it's not a limited supply then what causes the increase in price of BAT tokens? From my understanding what BAT essentially is... you're paying for ad-free/specially targeted ads and the BAT token is used to keep payments automatic and anonymous. Pretty much pay as you go internet usage. Maybe I'm misunderstanding something but BAT itself is not a share in the company....it's just the means to use the Brave browser's ad-free/tarageted/pay as you go structure. So buying BAT is pretty much like buying a gift card to use on internet website.

Yay or nay?  
Click to expand...
nay

Brave is looking to change the digital ad industry.  Not just on the browser itself, but desktop apps, mobile apps, games, through the BAT API.  It's a huge chunk of the economy that they are making an extremely compelling value proposition for.  The ecosystem basically factors in users in a way digital advertising never has before, unlike the current model where we are livestock for datamining.  

It's also a fantastic browser, developed by the guy who created Javascript, worked on Netscape Navigator, and was a founder in the Mozilla project.  There is a limited supply of 1.5B tokens, 500M which stay in the system I think and that is it.  The valuation only hinges on 1B tokens.  

It's honestly pretty easy to see such a property being worth several billion dollars.  Not sure where you got the idea it's 'pay as you go internet usage'.  Ads are entirely opt-in, all trackers and ad blocking is standard.  To advertise in the BAT system, the ad industry will purchase BAT tokens, which are then distributed to users and the websites they visit.  It's a valuation on internet user attention that has literally never happened before.  

https://i.imgur.com/s41jIBe.png

https://vimeo.com/209336437

 
ren hoek said:
nay

Brave is looking to change the digital ad industry.  Not just on the browser itself, but desktop apps, mobile apps, games, through the BAT API.  It's a huge chunk of the economy that they are making an extremely compelling value proposition for.  The ecosystem basically factors in users in a way digital advertising never has before, unlike the current model where we are livestock for datamining.  

It's also a fantastic browser, developed by the guy who created Javascript, worked on Netscape Navigator, and was a founder in the Mozilla project.  There is a limited supply of 1.5B tokens, 500M which stay in the system I think and that is it.  The valuation only hinges on 1B tokens.  

It's honestly pretty easy to see such a property being worth several billion dollars.  Not sure where you got the idea it's 'pay as you go internet usage'.  Ads are entirely opt-in, all trackers and ad blocking is standard.  To advertise in the BAT system, the ad industry will purchase BAT tokens, which are then distributed to users and the websites they visit.  It's a valuation on internet user attention that has literally never happened before.  

https://i.imgur.com/s41jIBe.png

https://vimeo.com/209336437
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There's the answer. Thanks.

I tried looking on the Brave website but couldn't find the answer.

 
Charlie Harper said:
There's the answer. Thanks.

I tried looking on the Brave website but couldn't find the answer.
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Sure.  The entire income stream for the browser, the api, users, publishers, developers, rests entirely on the token itself.  Best place to look for metrics on the marketcap / units in circulation is coinmarketcap dot com 

 
ren hoek said:
nay

Brave is looking to change the digital ad industry.  Not just on the browser itself, but desktop apps, mobile apps, games, through the BAT API.  It's a huge chunk of the economy that they are making an extremely compelling value proposition for.  The ecosystem basically factors in users in a way digital advertising never has before, unlike the current model where we are livestock for datamining.  

It's also a fantastic browser, developed by the guy who created Javascript, worked on Netscape Navigator, and was a founder in the Mozilla project.  There is a limited supply of 1.5B tokens, 500M which stay in the system I think and that is it.  The valuation only hinges on 1B tokens.  

It's honestly pretty easy to see such a property being worth several billion dollars.  Not sure where you got the idea it's 'pay as you go internet usage'.  Ads are entirely opt-in, all trackers and ad blocking is standard.  To advertise in the BAT system, the ad industry will purchase BAT tokens, which are then distributed to users and the websites they visit.  It's a valuation on internet user attention that has literally never happened before.  

https://i.imgur.com/s41jIBe.png

https://vimeo.com/209336437
Click to expand...
Great description! I was going to post something, glad I read your post first.  I'm a believer in BAT.

 
My CC was denied for Uphold.

Any suggestions on how to fund aside from linking bank account?

Any certain debit cards that work?

 
joker said:
I dipped my toe in the water on BAT, ETH, and LTC, though most of it went into BAT. I was also able to set up a CC on Uphold and make a deposit while I wait the 7 days for my other funds to clear. Still can't get on Binance, and am looking at other exchanges to get on so I can work on other coins. I've seen Kucoin and Bitgrail mentioned here - anything else?
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Try getting on binance around 9:30EST.  I went on last night at that time and binance allowed registration.

 
eoMMan said:
My CC was denied for Uphold.

Any suggestions on how to fund aside from linking bank account?

Any certain debit cards that work?
Click to expand...
Wait a bit to see if you get a call from your cc fraud dept. Mine called and said it was a charge for a “money order” or sumsuch. I gave approval, tried again and it went through. 

 
Johnny Rock said:
Wait a bit to see if you get a call from your cc fraud dept. Mine called and said it was a charge for a “money order” or sumsuch. I gave approval, tried again and it went through. 
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Tried that, unfortunately. Didn't work.

Maybe I'll just get someone to transfer me coins in exchange for schmay schmal.

 
WhatDoIKnow said:
So I was finally able to transfer LTC from Coinnase to Binance.  From there I traded the LTC for ETH and made some buys because because I didn't see the options for making the buys with LTC.

Did I do that wrong or was there an easier way?  My Binance account shows the buys in ETH. Is there a good way to covert to show that in USD $?

I hope that makes sense. 
Click to expand...
Nah, that's about the only way to go about it.  One of the best things going for Ethereum is how ubiquitous it is as a trading pair on different exchanges. 

 
WhatDoIKnow said:
So I was finally able to transfer LTC from Coinnase to Binance.  From there I traded the LTC for ETH and made some buys because because I didn't see the options for making the buys with LTC.

Did I do that wrong or was there an easier way?  My Binance account shows the buys in ETH. Is there a good way to covert to show that in USD $?

I hope that makes sense. 
Click to expand...
That’s exactly what I did

 
WhatDoIKnow said:
So I was finally able to transfer LTC from Coinnase to Binance.  From there I traded the LTC for ETH and made some buys because because I didn't see the options for making the buys with LTC.

Did I do that wrong or was there an easier way?  My Binance account shows the buys in ETH. Is there a good way to covert to show that in USD $?

I hope that makes sense. 
Click to expand...
I believe you save on fees if you trade the Ltc to bnb (binance coins) and use those to purchase your alts

 
Rick James said:
what do you get if someone uses your referal link?
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They claim 20% commission real-time, of whatever coin is purchased. They just adjusted this on 1/8/18. It was 50% commission before then. 

The leader on the leaderboard page has 76.55955089 BTC :eek:  

 
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Steed said:
I believe you save on fees if you trade the Ltc to bnb (binance coins) and use those to purchase your alts
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I don’t this this is accurate. First off, I’m not sure which coins you can buy with BNB, if any at all. But I THINK it’s only if you choose to pay your FEES with BNB, then you pay 1/2. I don’t think you save purchasing coins with BNB directly and again I’m not even sure BNB can be used to purchase coins. I can’t login to confirm any of this so I apologize if my information is not accurate. Point being... do some more research before trusting me or anyone else. Would hate if some of you converted to BNB only to have to convert back. 

 
Rhythmdoctor said:
I don’t this this is accurate. First off, I’m not sure which coins you can buy with BNB, if any at all. But I THINK it’s only if you choose to pay your FEES with BNB, then you pay 1/2. I don’t think you save purchasing coins with BNB directly and again I’m not even sure BNB can be used to purchase coins. I can’t login to confirm any of this so I apologize if my information is not accurate. Point being... do some more research before trusting me or anyone else. Would hate if some of you converted to BNB only to have to convert back. 
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Here are the BNB exchange pairs, so they cover all of the popular ones and a lot more.

Here is how they do the BNB fee discount. There is a switch on your Binance profile page of whether you want that discount option turned on/off, along with which year/percentage tier you are currently in. 

 
Nathan R. Jessep said:
They claim 20% commission real-time, of whatever coin is purchased. They just adjusted this on 1/8/18. It was 50% commission before then. 

The leader on the leaderboard page has 76.55955089 BTC :eek:  
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It doesn't add up to much. You and four other guys used my original ref link to sign up a month ago. I think maybe after all the trades all of you have done I might be near $1 in commission 

edit: now if you all could get your portfolios up into the millions id appreciate it ;)

 
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jhib said:
Nathan R. Jessep said:
tdoss said:
Ok how does uphold work exactly?

I need to buy bitcoin card...then once that's done, I can then buy bat?
Click to expand...
You can deposit straight to a BAT card... set up the card, then go to that card (i.e. make it the active card you are looking at) then click Add Funds. 
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I set up an account on Uphold and saw the quick video on setting up a new card.  But when I set up a card, none of the cryptocurrencies are listed as choices - only the basic national currencies and metals.  Am I missing some step somewhere?
Click to expand...


In the hour or so between posting this and figuring out the issue on my own ( which is that I live in NY state and Uphold doesn't have a license to deal with crypto here), I submitted a support request to Uphold.  I just now got the email answering my question.  Just under a month later.  Oof.

 
Angry Beavers said:
Mine worked when I tried a 2nd time. Same thing happened to others in here as well. HTH
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Yeah, I was finally able to get some money in there.  I tried a Citicards Visa again...no luck.  I tried a different Visa card and it worked the first time.

Not big money initially but it's something.  I split it all up between ETH and BAT...for now.

 
ren hoek said:
nay

Brave is looking to change the digital ad industry.  Not just on the browser itself, but desktop apps, mobile apps, games, through the BAT API.  It's a huge chunk of the economy that they are making an extremely compelling value proposition for.  The ecosystem basically factors in users in a way digital advertising never has before, unlike the current model where we are livestock for datamining.  

It's also a fantastic browser, developed by the guy who created Javascript, worked on Netscape Navigator, and was a founder in the Mozilla project.  There is a limited supply of 1.5B tokens, 500M which stay in the system I think and that is it.  The valuation only hinges on 1B tokens.  

It's honestly pretty easy to see such a property being worth several billion dollars.  Not sure where you got the idea it's 'pay as you go internet usage'.  Ads are entirely opt-in, all trackers and ad blocking is standard.  To advertise in the BAT system, the ad industry will purchase BAT tokens, which are then distributed to users and the websites they visit.  It's a valuation on internet user attention that has literally never happened before.  

https://i.imgur.com/s41jIBe.png

https://vimeo.com/209336437
Click to expand...
:wub:

 
Amazing how easy it is to crash the crypto market.  South Korea isn't banning exchanges, they are pushing compliance so they don't get screwed out of taxes

 
ren hoek said:
nay

Brave is looking to change the digital ad industry.  Not just on the browser itself, but desktop apps, mobile apps, games, through the BAT API.  It's a huge chunk of the economy that they are making an extremely compelling value proposition for.  The ecosystem basically factors in users in a way digital advertising never has before, unlike the current model where we are livestock for datamining.  

It's also a fantastic browser, developed by the guy who created Javascript, worked on Netscape Navigator, and was a founder in the Mozilla project.  There is a limited supply of 1.5B tokens, 500M which stay in the system I think and that is it.  The valuation only hinges on 1B tokens.  

It's honestly pretty easy to see such a property being worth several billion dollars.  Not sure where you got the idea it's 'pay as you go internet usage'.  Ads are entirely opt-in, all trackers and ad blocking is standard.  To advertise in the BAT system, the ad industry will purchase BAT tokens, which are then distributed to users and the websites they visit.  It's a valuation on internet user attention that has literally never happened before.  

https://i.imgur.com/s41jIBe.png

https://vimeo.com/209336437
Click to expand...
This is all good but what time frame is everyone banking on with BAT? I’ve settled my nerves a bit and am in “hold” mode but when will some of the crypto fluff get weeded out a bit? I bought into the hype a little with BAT and XRP, while leaving Ether (argh!). So, what kind of outlook should we have with BAT? The idea is great but adoption is key. 

 
Mario Kart said:
This is all good but what time frame is everyone banking on with BAT? I’ve settled my nerves a bit and am in “hold” mode but when will some of the crypto fluff get weeded out a bit? I bought into the hype a little with BAT and XRP, while leaving Ether (argh!). So, what kind of outlook should we have with BAT? The idea is great but adoption is key. 
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BAT may see some short term runs but IMO it's true value hinges on long term adoption of the platform by major media partners. When you see that, you'll start to see real long term gains. There is reportedly an impending announcement with a Top 3 NYC media outlet (announced a week ago, which helped drive the speculative spike). 

 
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Mario Kart said:
This is all good but what time frame is everyone banking on with BAT? I’ve settled my nerves a bit and am in “hold” mode but when will some of the crypto fluff get weeded out a bit? I bought into the hype a little with BAT and XRP, while leaving Ether (argh!). So, what kind of outlook should we have with BAT? The idea is great but adoption is key. 
Click to expand...
I am banking on selling at 5:42pm on April 13th, 2019 EST.  That is the precise moment when all the moving parts between crypto markets, Brave development and grassroots adoption will converge for optimal value. Do not sell a moment sooner

Use it as a learning lesson.  If you keep trying to jump on every wave you're just gonna be chasing bags.  Have the patience to stay put in something for a while.  P.S. ripple is trash 

 
ren hoek said:
I am banking on selling at 5:42pm on April 13th, 2019 EST.  That is the precise moment when all the moving parts between crypto markets, Brave development and grassroots adoption will converge for optimal value. Do not sell a moment sooner

Use it as a learning lesson.  If you keep trying to jump on every wave you're just gonna be chasing bags.  Have the patience to stay put in something for a while.  P.S. ripple is trash 
Click to expand...
When lambo?

 
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