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Author Topic: Wait for BAT's strong recovery  (Read 2692 times)

Offline MrSpasybo

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Wait for BAT's strong recovery
« on: December 26, 2023, 09:01:07 PM »
It's been a long time since we've heard about Brave on major crypto media channels like Cointelegraph or Coindesk. Although Brave has recently had many updates such as Leo assistant or cooperation with Electric Coin Co. and Filecoin Foundation but did not receive interest from investors due to the stagnation of BAT token price.

Price chart shows that BAT price has retraced to Fibo 0.786 of the 2020-2021 bullrun and is currently only breaking EMA34W. It can be considered that BAT belongs to the group of weakest recovery tokens in the market, equivalent to EOS or FLOW, but this means that BAT has a greater price increase potential than tokens that have increased very strongly.


I expect BAT to break out EMA34 to take advantage of the market excitement when BTC Spot ETF will be launched in January 2024 and soon reaches ~$0.7 price level. Every day, market is adding more potential projects with powerful tokens, BAT needs to attract attention and cash flow from investors. If it cannot become popular, BAT is at risk of being forgotten and unable to create a new ATH in 2025.

Anyway, I'm still using Brave every day and believe in BAT's potential ^^

Are you still following this Brave project? What do you think about the future of BAT token in next 2024 cycle?
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Wait for BAT's strong recovery
« on: December 26, 2023, 09:01:07 PM »

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Offline KryptoBull

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Re: Wait for BAT's strong recovery
« Reply #1 on: December 27, 2023, 02:15:07 PM »
At least, Brave is a project with real value and a widely used product by millions of people globally to avoid ads and earn money from watching ads when using Internet. It is unreasonable that the BAT token is ignored by the market. I also have a lot of faith in BAT token and the impressive return of Brave browser.

Offline ABCbits

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Re: Wait for BAT's strong recovery
« Reply #2 on: February 07, 2024, 11:07:33 AM »
Are you still following this Brave project?

Not anymore. In past, i thought it's decent Chrome alternative (since both use Chromium) since it has better privacy and adblock feature. But i give up after they add affiliate link  for some time and some complaint where website owner/creator never receive donation they supposed to obtain.

What do you think about the future of BAT token in next 2024 cycle?

I don't expect much from BAT. Many new feature offered by Brave doesn't utilize BAT in any way. For example, Brave user who use Brave Search (their search engine) could receive tiny amount of BAT if the search result contain ads.
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Offline erus

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Re: Wait for BAT's strong recovery
« Reply #3 on: April 04, 2024, 04:35:50 PM »
Are you still following this Brave project?
BAT coin doesn't seem popular and I just heard about it, I also saw it in this subforum and then replied to this post. I searched for information about this BAT coin on coinamrketcap and found this link https://coinmarketcap.com/currencies/basic-attention-token/ .
This BAT coin seems to be sleeping soundly because now I see the price is around 0.3 USD, whereas the all time high is more than 1.5 USD. BAT coin to recover seems difficult because Bitcoin has run to reach a new all time high but BAT hasn't run yet, I really doubt for BAT.

Offline MrSpasybo

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Re: Wait for BAT's strong recovery
« Reply #4 on: April 06, 2024, 09:07:28 PM »
BAT coin doesn't seem popular and I just heard about it, I also saw it in this subforum and then replied to this post. I searched for information about this BAT coin on coinamrketcap and found this link https://coinmarketcap.com/currencies/basic-attention-token/ .
This BAT coin seems to be sleeping soundly because now I see the price is around 0.3 USD, whereas the all time high is more than 1.5 USD. BAT coin to recover seems difficult because Bitcoin has run to reach a new all time high but BAT hasn't run yet, I really doubt for BAT.
Since I started following BAT price chart, BTC has broken above the Weekly EMA34 (Sonic-R) and Kumo cloud (Ichimoku), confirming a trend change for BAT. It is possible that BAT has broken out of the bottom zone and is ready to enter a growth phase along with the market in the second half of 2024.

Brave is still a good project with a real product and millions of users. The BAT token is likely to be used more in a bull run when crypto projects want to reach potential investors who are using the Brave browser.

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Re: Wait for BAT's strong recovery
« Reply #5 on: April 07, 2024, 09:22:49 AM »
I used Brave from time to time but I've completely forgotten that they have a native token ;D Do you have statistics on the number of Brave users? Perhaps there are still more like me who only uses it simply as a browser and turned off the annoying money earning features. I hope they don't require BAT for using ToR in the future.

Offline MrSpasybo

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Re: Wait for BAT's strong recovery
« Reply #6 on: April 11, 2024, 09:51:24 PM »
I used Brave from time to time but I've completely forgotten that they have a native token ;D Do you have statistics on the number of Brave users? Perhaps there are still more like me who only uses it simply as a browser and turned off the annoying money earning features. I hope they don't require BAT for using ToR in the future.
Brave user data can be referenced directly on Brave: although it cannot be compared to Chrome or Firefox, Brave still has tens of millions of daily users, meaning tens of millions of people are using Brave as their main browser.

Monthly Active Users: 73.32 Million
Daily Active Users: 26.26 Million
[1]

Currently, I'm not really interested in the rewards from Brave because Brave doesn't support the IP of the country I'm living in, I turned it off so as not to be disturbed while working. All I need from Brave is the quite effective ad blocking feature to save time + internet data.

[1] Platform Stats & Token Activity
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Re: Wait for BAT's strong recovery
« Reply #6 on: April 11, 2024, 09:51:24 PM »


Offline TomPluz

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Re: Wait for BAT's strong recovery
« Reply #7 on: June 08, 2024, 05:26:19 AM »
Anyway, I'm still using Brave every day and believe in BAT's potential. Are you still following this Brave project? What do you think about the future of BAT token in next 2024 cycle?[/b]

I already stopped supporting and using the Brave browser since I gradually feel that the experience is not anymore on the level where it was before...so right now I am heavily using the browser made by CCleaner, of all the browser available since I can sense it is faster, just simple with less clutter and less fuzz whatsoever. Admittedly, Brave pissed me off when they decided to just let of users' BAT in region where the wallet they worked with is not supporting...I feel that they can do something more creative as solution to the situation rather than just reject them. At that time, I felt dejected for almost two years of working for my BAT gone to waste. So if BAT is not doing well in the market, it might be KARMA working against them as I don't have any LOVE for a platform that is not putting any value to the people who are pushing them up.



Offline MrSpasybo

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Re: Wait for BAT's strong recovery
« Reply #8 on: June 09, 2024, 01:55:07 AM »
I already stopped supporting and using the Brave browser since I gradually feel that the experience is not anymore on the level where it was before...so right now I am heavily using the browser made by CCleaner, of all the browser available since I can sense it is faster, just simple with less clutter and less fuzz whatsoever. Admittedly, Brave pissed me off when they decided to just let of users' BAT in region where the wallet they worked with is not supporting...I feel that they can do something more creative as solution to the situation rather than just reject them. At that time, I felt dejected for almost two years of working for my BAT gone to waste. So if BAT is not doing well in the market, it might be KARMA working against them as I don't have any LOVE for a platform that is not putting any value to the people who are pushing them up.
I'm still continuing to use Brave as my favorite browser, even though I don't receive rewards for not continuing to view ads. Brave blocks ads quite effectively and saves me a lot of time. Additionally, Brave also supports vertical tabs by default, which is my favorite feature that I can't find on many other browsers.

I hope that with the popularity of crypto on a global scale, Brave will soon support all countries and allow users to receive rewards in BAT token. For me, the reward is no longer important anymore, I only use Brave because of its safety, familiarity and convenience.
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Re: Wait for BAT's strong recovery
« Reply #9 on: June 09, 2024, 02:25:17 PM »
It came, it made some waves and now in silence, it's slowly leaving.
This is tte story of BAT and Brave,  it came with huge promises, it was seen as an alternative, it was definitely promising and then it flopped at gained more traction, the browser might still survive if they keep patching things up but the token never managed to take off anywhere other than their own ecosystem, and you can't have growth on just that.
It's disappointing and a bit sad since they at least had a product, it wasn't some shitty token with nothing than promises backing it up it might even make someone angry seeing shitty dead coins and dead projects ranking higher but it is what it is!


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Re: Wait for BAT's strong recovery
« Reply #10 on: June 10, 2024, 01:13:01 AM »
It came, it made some waves and now in silence, it's slowly leaving.
This is tte story of BAT and Brave,  it came with huge promises, it was seen as an alternative, it was definitely promising and then it flopped at gained more traction, the browser might still survive if they keep patching things up but the token never managed to take off anywhere other than their own ecosystem, and you can't have growth on just that.
It's disappointing and a bit sad since they at least had a product, it wasn't some shitty token with nothing than promises backing it up it might even make someone angry seeing shitty dead coins and dead projects ranking higher but it is what it is!
I am a loyal Brave user and I really hope that the BAT token will be successful and that the Brave team will have more funding and motivation to improve the product in the future. Brave still has many advertising customers and BAT is still being consumed, but BAT price has not yet been able to recover from the bottom. I hope that the Brave team will come up with some innovative initiative that has a positive impact on the demand for owning and investing in BAT token from investors in this bullrun so that the BAT token is not forgotten and Brave can continue to be chosen by millions of users in the future.

The return of the Web3 trend could be something that BAT investors can look forward to and expect. I want Brave to become an indispensable part of the future when users are truly rewarded for watching ads when using the internet!
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Re: Wait for BAT's strong recovery
« Reply #11 on: June 10, 2024, 03:24:36 PM »
The return of the Web3 trend could be something that BAT investors can look forward to and expect. I want Brave to become an indispensable part of the future when users are truly rewarded for watching ads when using the internet!

That's the part of the problem problem, the moment you reward users for something you're going to have not only a ton of bots going this but also not the same engagement, a thing that has plagued everything, even signature campaigns on BT, where a lot of users don't care too much about anything else than getting paid. And this it the reason why despite what the team claims they had to switch off certain countries and the revenue from ads is not on the same level as the competition, advertisers knew some were watching all that because they get paid not because they are interested in. And the moment you lose the product...

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Re: Wait for BAT's strong recovery
« Reply #12 on: June 10, 2024, 11:48:55 PM »
That's the part of the problem problem, the moment you reward users for something you're going to have not only a ton of bots going this but also not the same engagement, a thing that has plagued everything, even signature campaigns on BT, where a lot of users don't care too much about anything else than getting paid. And this it the reason why despite what the team claims they had to switch off certain countries and the revenue from ads is not on the same level as the competition, advertisers knew some were watching all that because they get paid not because they are interested in. And the moment you lose the product...
I have a more positive view on this: tokenomics is important for every project and Brave has really good and potential tokenomics. Brave has partnered with many customers, more than 7500 successful campaigns have been organized on Brave to reach tens of millions of users. Tokenizing the value of internet users is a smart idea, many ICO projects in 2017 also had this idea but they all failed and disappeared while Brave is still around creating value for users + customers + Web3 trend.

Abuse will always exist, but from Brave's data, the effectiveness of campaigns will be evaluated and published, helping customers make more informed decisions when using Brave's services. I don't think this is a big problem for Brave and BAT token. It is a pity that BAT token does not have large investment funds to pump BAT price impressively to attract the attention of investors and users!

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Re: Wait for BAT's strong recovery
« Reply #13 on: June 11, 2024, 02:04:20 PM »
I have a more positive view on this: tokenomics is important for every project and Brave has really good and potential tokenomics. Brave has partnered with many customers, more than 7500 successful campaigns have been organized on Brave to reach tens of millions of users.

But how can you claim success when this is not backed by USD value?
If those campaigns would have been truly a continuous success and not just a one-shot then we wouldn't be here right now with those prices, this activity and this adoption and the numbers would have tripled at least! What they have right now is an almost static situation, when every coin jumped because of the good news BAT wasn't able to capitalize on the inflow and this is bad, no matter how you look at it.

People want to see results, and those are not there!

 

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Re: Wait for BAT's strong recovery
« Reply #14 on: June 12, 2024, 01:27:37 AM »
But how can you claim success when this is not backed by USD value?
If those campaigns would have been truly a continuous success and not just a one-shot then we wouldn't be here right now with those prices, this activity and this adoption and the numbers would have tripled at least! What they have right now is an almost static situation, when every coin jumped because of the good news BAT wasn't able to capitalize on the inflow and this is bad, no matter how you look at it.

People want to see results, and those are not there!
Yeah, BAT price chart is really disappointing for investors. We have to accept that not all positive developments in the project's development and operations will be absorbed into the price. Many stocks also fall when companies announce strong earnings, and the value of tokens may also depend on investor expectations rather than the project's success.

It is possible that the BAT token has been abandoned by the whales after they took profits in the bullrun 2021 because I have not seen any reports of whale accumulation of BAT token during the past period. If this happens, perhaps the BAT token can only recover to Fibo 0.618 ~ $0.7 instead of being able to create a new ATH in 2025.
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