Replies to post #556 on Basic Attention Token (BATUSD)

[Thinman13]

As far as predictions go, the dynamic is a bit different with BAT. Reports are that advertisers on the Brave platform are doing quite well for the money spent. In this case, the money is being spent BUYING BAT from the open market and using BAT to buy advertising. Brave can charge whatever the market can bear, so as the marketing response grows more positive, so Brave can charge more BAT for ad space. Not only that, but Brave can hold onto the BAT they receive, driving the price up even higher. The infamous Network Effect comes into play here as the system builds upon itself. If Brave can charge 10X what they're charging now, then BAT will be 10X more expensive. 20X, 50X... who knows how high this may go?
Pure genius.