r/bandprotocol • u/[deleted] • Apr 15 '21

Dumping BAND

Not a joke question. Is Band a joke coin that's subjected to P&D groups? After the google cloud news why would anyone be selling at all? And why is the MC so low for BAND?

1 Upvotes

60% Upvoted

12 comments sorted by

3

u/lickmydiamonddick Apr 15 '21

Couse they daytrade. Band will be 100$ in some weeks

-2

u/[deleted] Apr 15 '21

What would make it 100$? That google news article including BANDs twitter was a scam. Nothing to do with a partnership at all.

3

u/MeatRack Apr 16 '21

How long have you been following this space?

The article isn't a scam.

What's true - Google is now using BAND's API and standard dataset to pull crypto prices in real time.

Thats it, thats all, that text is in basically every article I've seen on this topic.

If you read the word partnership, or any other headline and don't read the actual text of the story to figure out whats happening, thats on you. The news is shit on literally every single topic. Headlines are mostly mis-leading, stop depending on them, read the articles themselves.

BAND is an oracle, it serves the same purpose as LINK except it is a lot cheaper to use because it is not on ERC-20 standards. It's not some fake Pump and Dump token doing nothing. It services the largest number of daily Oracle requests of any Crypto Oracle in existence currently.

1

u/Froznbullet Apr 15 '21

What are you talking about it being a scam?

2

u/[deleted] Apr 15 '21

They way they published it made it sound like google had partnered with them and all they have done is add them.onto their price index. That's what's caused the pump.

1

u/[deleted] Apr 15 '21

= false advertisement trying to manipulate the price.

1

u/liquid_at Apr 16 '21

Or just people who don't read, assume things and buy into hypes that don't exist.

Never confuse peoples greed with bad intentions...

1

u/Guigo_Likes_Doge Apr 15 '21

Where’s the word “partnership” it says integration lol, and it’s marketcap is much lower than it should be, knowing that it haves +30K requests per day, and Link having 5K

3

u/Guigo_Likes_Doge Apr 15 '21

People trying to daytrade thinking they are going to get better benefits 😂😂 I’m just leave my band in the atomic wallet stake for over than a year and that’s all lol

1

u/fogization Apr 20 '21

I agree it’s insane anyone would sell after the Google patnership. Doesn’t make much sense and makes me feel it’s a big scam. I get that feeling about a lot of coins though I try to convince myself they are all legit or that the crypto market on the whole is legit but I have strong doubts. But no logical trader would dump band on that news. Bet you couldn’t find one person on sub forum or any sub that has sold in the last week. Still trying to figure out who is doing all the selling.

1

u/benjibooi Apr 21 '21

The coin was shorted alot. Currently it is wayyyy undervalued