Fabsquire
|
|
July 01, 2018, 08:06:42 AM |
|
To my fellow community and crypto friends,
I'm sure we all feel somewhat anxious, exhausted and perhaps disappointed with a few certain events that have happened during the last few months - and im not talking about DIW Token alone, im also talking about the entire market in general! I wanted to express myself because I, along side others in this community, have waited long for things to happen - not saying actions have not been taken and executed, but certain things have delayed and postponed DIW Tokens roadmap and caused what we might call a ripple in the pond. So I will stop beating around the bush and get to my point...
Questions have arose ever since DIW Tokens ICO ended and we hit the exchanges, questions like, Why is the token price so low? Perhaps you are one of those early investors (just like me) who spent many ETH to participate in this ICO and now you cannot see any profit...So why has this happened?
There are many aspects as to what drove the price to this position, and created this uncertainty and I believe you should spare some time to read the reasons and my analysis below.
1. Facts are facts, Bitcoin and Ethereum are the leading coins in the market, so it's as clear as daylight to know that when the market is bearish and the main coins like BTC and ETH go down, then everything will tumble down with them and hit rock bottom. This is the same for ALL coins especially for ICOs that are trying to come up into the crypto space and become part of the "larger pond" - the market.
2. Another point that has come to mind is, when the market is in the "bloody" state that it is now, then people tend to worry, panic and be weary of how to invest or trade. For example, panic sellers not many but a few have made bid orders below a certain degree which basically means that with the small volume of Ethereum that currently exists, then the outcome would be the low price that we all see now. Truth be said, this is not a realistic price because there is a small volume in trading.
3. A sub-question that has popped up as i was analyzing all the likely reasons to our current condition is, the DIW team has not fully delivered and executed some important things, in effect causing uncertainty and doubt within the community. One important issue is the Token Distribution! Many members of the community including myself, continuously mentioned that we did not want the bounty tokens distributed prior to hitting the exchanges. So when we actually hit the exchanges, there were no buyers and the reason being is that the bounty had not been distributed yet. Waiting for the bounty to be distributed and waiting for things to settle down before making any buy orders would of been the wiser choice.
4. Burning of Tokens! We expected that the team would burn the tokens after bounty distribution, and i believe that the price has been effected due to this too. The circulating supply has not been put down in writing or announced anywhere so this has created uncertainty, confusion and we the community need to see these numbers.
5. Something that is on my mind but noticeable by other members of the community is the 2 exchanges that we have been listed to. Latoken and IDex are not popular when it comes to ICOs, they have some volumes but they don't have high volumes so this has effected the attitude of members too. The fact that the DIW team collected under 2000ETH throughout the ICO has made it difficult for them to enter into a better exchange with higher volume but I for one has seen ICOs join smaller exchanges in the beginning and then join much larger exchanges later. So i believe that this has also played some role in the whole price.
So these are the reasons i feel have affected the price of DIW Token, and i hope everyone see this and takes note to what i mentioned because it was spoken with all honesty.
Finally i believe that after what was mentioned above, we need to consider these things and I for one will continue to support the team as i've been doing so far.
Thanks for your great insight! I agree with all the points you mentioned. We have to be patient and let the team do their work. Once all the steps are taken and tokens are burned we will know the exact valuation of the project and I am sure we will get plenty of buyers on the exhanges!
|
|
|
|
cygan
Legendary
Offline
Activity: 3290
Merit: 8607
icarus-cards.eu
|
|
July 01, 2018, 11:49:08 AM |
|
that is indeed a promising project. if the dev-team sticks to what is announced and planned, DIW will have a very high priority in the cryptoscene. but at first the bounty tokens have to be distributed to all bounty participants
|
|
|
|
lookuper
Newbie
Offline
Activity: 132
Merit: 0
|
|
July 01, 2018, 01:11:29 PM |
|
token prices during ICOs are lower than what they are in exchanges. The problem now is and the reason why exchanges are cheaper is the down trend that the cryptocurrency market is currently in. If prices where going up, it would be a different story.
|
|
|
|
Justenjoy1903
|
|
July 02, 2018, 12:36:56 PM |
|
token prices during ICOs are lower than what they are in exchanges. The problem now is and the reason why exchanges are cheaper is the down trend that the cryptocurrency market is currently in. If prices where going up, it would be a different story.
But Im seeing news in two sides lately, Others says its going to be a bearish while other say that soon after Mid July, something good will happen. I dont know if wall street will be on its days on crypto.
|
|
|
|
remember10x
Newbie
Offline
Activity: 132
Merit: 0
|
|
July 02, 2018, 01:35:21 PM |
|
DIW has been listed on TokenJar, a decentralized exchange features in zero service fees and direct transaction from wallet to wallet, without the need for deposit, registration and KYC. Our underlying technology is 0x Protocol, an open and permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. TokenJar is one of 0x Relayers.
|
|
|
|
lettet9879
Newbie
Offline
Activity: 51
Merit: 0
|
|
July 03, 2018, 08:08:01 AM |
|
Dear manager, i have weaer DIW avatar and sign in telegram since the beggining and then i got "Dissaproved" status - so much time for nothing??? I have not change the avatar!
|
|
|
|
DIW (OP)
Full Member
Offline
Activity: 476
Merit: 131
DIWtoken.com
|
|
July 04, 2018, 07:23:10 AM |
|
Dear manager, i have weaer DIW avatar and sign in telegram since the beggining and then i got "Dissaproved" status - so much time for nothing??? I have not change the avatar!
Hello - Please send us a PM with your telegram username as we cannot find you on the spreadsheet with your bitcointalk username.
|
|
|
|
jovan85
|
|
July 04, 2018, 11:31:01 AM |
|
Hello Every time same question when bounty will be distribution, and when other bounty translation,signature will be calculated? Thank you
|
|
|
|
liujieyingk
Newbie
Offline
Activity: 61
Merit: 0
|
|
July 05, 2018, 04:01:21 PM |
|
I like this project because it is one of the easiest to understand. Reading the whitepaper is so concise and relatable unlike a good number of projects I have come across,good luck to the team
|
|
|
|
DIW (OP)
Full Member
Offline
Activity: 476
Merit: 131
DIWtoken.com
|
|
July 06, 2018, 06:41:15 AM |
|
Hello Every time same question when bounty will be distribution, and when other bounty translation,signature will be calculated? Thank you
Hello - All the bounty campaigns have been counted, the lists have been finalized and we are ready for distribution.
As you might have noticed, there has been a sudden increase in gwei price (https://ethgasstation.info/) which renders the token distribution extremely cost intensive at the moment. We are monitoring the price and we will begin the distribution as soon as the network congestion recedes.
|
|
|
|
Justenjoy1903
|
|
July 07, 2018, 04:09:37 PM |
|
What make this congestion on price gas anyway? Well just curious about this.
|
|
|
|
kusumadewi
|
|
July 07, 2018, 11:08:19 PM |
|
Maybe DIW better to think about your own blockchain, so that you no longer have problems with blockchain Ethereum? I think this is real decision.
|
|
|
|
chacha4twenty
Newbie
Offline
Activity: 232
Merit: 0
|
|
July 08, 2018, 02:39:57 PM |
|
Good day team. I joined this plan. I am interested to look how the owners perform the plan!
they are performing better than others but only they are delaying the bounty payment. i have no concern with bounty because i missed the bounty.. my bad luck... now i am waiting when price go cheap i will fill up bag with diw. if you want more info please visit diw website or join the telegram group for more info and ask anything about project there ....
|
|
|
|
Triop
Newbie
Offline
Activity: 112
Merit: 0
|
|
July 08, 2018, 05:06:23 PM |
|
At the moment it looks like bounty hunters are the most worthless people in this project. Has anyone ever wondered why the number of tokens was sold? Were there anyone helping to increase the level of name recognition? And was a reward promised for this achievement? A bit presumptuous the sentences that I read here. Also from admins.
|
|
|
|
Justenjoy1903
|
|
July 08, 2018, 05:45:32 PM |
|
Gwei price drops now, will DIW make it congested again due to number of wallets and transfers that they were going to make? Just kidding.
|
|
|
|
sunce33
|
|
July 09, 2018, 10:18:23 AM |
|
Any new exchange in future?
|
|
|
|
jovan85
|
|
July 09, 2018, 10:20:24 AM |
|
So we still need bounty distribution, because gas price.Anyone know how long it be? And what is price in this moment for DIW Token?
|
|
|
|
dr.cheema
|
|
July 09, 2018, 10:56:47 AM |
|
So we still need bounty distribution, because gas price.Anyone know how long it be? And what is price in this moment for DIW Token?
I am waiting for bounty payment too but in past days bounty said that transaction fee is very costly so we are delaying the distribution. Now the gwei price getting low so i think bounty distribution should be start in coming days, gas price safe low is 10 gwei right now. You can check the DIW price on LATOKEN exchange, DIW price is $0.01 right now and there is 0.00% volume.
|
|
|
|
justin2811
Newbie
Offline
Activity: 84
Merit: 0
|
|
July 09, 2018, 01:59:30 PM |
|
Is there any chance to take back our money of contribution? I mean is there any opportunity to raise up diw price to let us take what we have contributed by selling diw? I don't need to have profit anymore, I only want to sell diw at price that I can take exact what I spent on diw
|
|
|
|
Justenjoy1903
|
|
July 10, 2018, 01:58:55 PM |
|
Why trade so soon? make the price higher, set it higher we the holders is responsible for price drops. We holding the key.
|
|
|
|
|