█▀▄ [ANN] DIA | Data infrastructure for DeFi | Binance/Kucoin/Bitmax/Okex ▄▀█

[marks1976]

That is strange. Bounty allocation is 0.05% out of all tokens. There is no logical explanation to wait until this will be distributed to start a lift off. Looking on how many partnerships are made and amount of exchanges where DIA are listed, I'm very skeptical that many hunters will be willing to sell their tokens.
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The hunters will also see the situation whether they are try to selling their tokens or not. This depends on the sign of the DIA market. Remember when the hunters were seeing the bullish trend and they may not sell that in the short time but when they were feeling panic due to the next dump that will come in the future and they may send to the exchange site and then dump it instantly.

I thought that that will be the best decision if the developers have paid the hunters at the early listing of binance.

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[Furious 7]

No one is buying until distribution is over. Almost the all time low though so this must be the time to buy but since the distribution for bounty campaign is postponed, the price might just dive a bit deeper til the distribution is over. If there is 3 phases then it will take by the end of the year before this project will lift off. This is bad. 

That is strange. Bounty allocation is 0.05% out of all tokens. There is no logical explanation to wait until this will be distributed to start a lift off. Looking on how many partnerships are made and amount of exchanges where DIA are listed, I'm very skeptical that many hunters will be willing to sell their tokens.

From investors point of view, waiting for such a small amount to be bought from hunters, creating an artificial price dump will not be profitable.
From project point of view, not distributing rewards at all will make so big negative reputation impact, compared to amount tokens they safe, so it will be illogical.

The distribution has been postponed until 2 October because of that the team is currently busy working on its own project so wait and the DIA token will definitely take off to the hunters.
And it is clear that 90% of hunters will sell their tokens if they receive it, they have been waiting and want to make money from this DIA bounty, regarding their investors will be more waiting for the low price and that will make them buy more than the total bounty allocation which is a little bit not surprising and it doesn't affect the price significantly.
The downturn now may be due to a market correction so don't be skeptical of what's going on with DIA.

[target]

That is strange. Bounty allocation is 0.05% out of all tokens. There is no logical explanation to wait until this will be distributed to start a lift off. Looking on how many partnerships are made and amount of exchanges where DIA are listed, I'm very skeptical that many hunters will be willing to sell their tokens.

The hunters will also see the situation whether they are try to selling their tokens or not. This depends on the sign of the DIA market. Remember when the hunters were seeing the bullish trend and they may not sell that in the short time but when they were feeling panic due to the next dump that will come in the future and they may send to the exchange site and then dump it instantly.

I thought that that will be the best decision if the developers have paid the hunters at the early listing of binance.
[/quote]

The distribution should just be done only once and that's it. For it will keep keep us busy watching the charts after the the dumping for probably a month. But gradually doing it means the traders will have to keep watching the telegram channel for them to dump before the hunters could.

Anyone with huge holding of the token will dump it down to less than $1 to make sure he can double his stash when bounty participants sell. Pandemic will force them to sell.

[koang]

The distribution has been postponed until 2 October because of that the team is currently busy working on its own project so wait and the DIA token will definitely take off to the hunters.
And it is clear that 90% of hunters will sell their tokens if they receive it, they have been waiting and want to make money from this DIA bounty, regarding their investors will be more waiting for the low price and that will make them buy more than the total bounty allocation which is a little bit not surprising and it doesn't affect the price significantly.
The downturn now may be due to a market correction so don't be skeptical of what's going on with DIA.

Yep. The downturn is due to a market correction not due to the bounty distribution
At this time the whole market is down.
And I think DIA's price will go up when the market stabilizes
It just needs little patience

Just wait for the weak hands to finish the panic sell then buy more.
Traders win money in any direction

[Fujiati]

Anyone with huge holding of the token will dump it down to less than $1 to make sure he can double his stash when bounty participants sell. Pandemic will force them to sell.

I'm sure, there will be someone with this cheap trick to take a big advantage of the tokens obtained by the bounty hunter, but I do not blame, everyone has their own way, what we do is be careful about it. there is nothing evil about trading, there is only a way.

[seven.71]

the decline in prices is not due to the distribution of the bounty which has a very small supply but this is because bitcoin is trying to test the bear market, no one can withstand this decline, be it DIA or any other coin, it crashes

[TopTort777]

the decline in prices is not due to the distribution of the bounty which has a very small supply but this is because bitcoin is trying to test the bear market, no one can withstand this decline, be it DIA or any other coin, it crashes

Cant agree. When bitcoins price dropped to 10k and touched 9800 for some hours, DIA tokens price was +2$. Then bitcoin regained its positions, but DIA price started to drop. DIA has lost almost one dollar in price during one week.

You might be right, but bitcoin and dia prices are doing opposite of what you are saying.

[eXtremal]

the decline in prices is not due to the distribution of the bounty which has a very small supply but this is because bitcoin is trying to test the bear market, no one can withstand this decline, be it DIA or any other coin, it crashes

Cant agree. When bitcoins price dropped to 10k and touched 9800 for some hours, DIA tokens price was +2$. Then bitcoin regained its positions, but DIA price started to drop. DIA has lost almost one dollar in price during one week.

You might be right, but bitcoin and dia prices are doing opposite of what you are saying.

Do not understand a situation like this, is DIA starting to lose interest from investors?
But that is impossible because it is clear that we can see continuing to have good and new partnerships ...
I thought it would be hard to get back to $ 2

[sidik7]

when price of DIA dropped i think now is the opportunity for us to buy and holding for the long term, strong team when team keep to continoue the development on the platform i think it will impact the value .

[seven.71]

the decline in prices is not due to the distribution of the bounty which has a very small supply but this is because bitcoin is trying to test the bear market, no one can withstand this decline, be it DIA or any other coin, it crashes

Cant agree. When bitcoins price dropped to 10k and touched 9800 for some hours, DIA tokens price was +2$. Then bitcoin regained its positions, but DIA price started to drop. DIA has lost almost one dollar in price during one week.

You might be right, but bitcoin and dia prices are doing opposite of what you are saying.

all coins or tokens nothing can hold an increase or decrease if #bitcoin experiences price fluctuations, moreover HE the second largest market like ETH cannot escape

[sv.alyona]

KuCoin exchange suspended DIA trading, as well as more than 100 more tokens due to exchange hacking on September 26, details on this incident on the blog https://medium.com/dia-insights/kucoin-security-breach-statement-f1b7b1cd24e6

[bassbity]

KuCoin exchange suspended DIA trading, as well as more than 100 more tokens due to exchange hacking on September 26, details on this incident on the blog https://medium.com/dia-insights/kucoin-security-breach-statement-f1b7b1cd24e6

Well indeed this is because of the cause of the hack so trading is suspended for a lot of coins and maybe the Kucoin exchange is even more secure because to follow up on this problem but don't worry for those who still have assets in Kucoin the funds will be replaced by his party after this problem is resolved.

[Anarchy101]

Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.

[Fujiati]

Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.

I'm sure it will, if 3M tokens for dump then it will so bad, even can make a token price fall more than 70% of their price.
I think even people don't dare to accommodate so many cheap tokens, because they don't know when that hacker will spend the 3M tokens.

[_IRMAN]

Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.

I'm sure it will, if 3M tokens for dump then it will so bad, even can make a token price fall more than 70% of their price.
I think even people don't dare to accommodate so many cheap tokens, because they don't know when that hacker will spend the 3M tokens.

DIA must immediately swap like other projects whose tokens are hacked so that the tokens in the hacker's wallet become useless

[Anarchy101]

Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.

I'm sure it will, if 3M tokens for dump then it will so bad, even can make a token price fall more than 70% of their price.
I think even people don't dare to accommodate so many cheap tokens, because they don't know when that hacker will spend the 3M tokens.

https://etherscan.io/address/0xeb31973e0febf3e3d7058234a5ebbae1ab4b8c23

According to the address above, the hacker has already started moving the funds from the KuCoin hacked address. So far, he has sold SNX, COMP, and OCEAN tokens.

[vesper188]

Team has any plan to resist this steal ?

[bakasabo]

Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.

I'm sure it will, if 3M tokens for dump then it will so bad, even can make a token price fall more than 70% of their price.
I think even people don't dare to accommodate so many cheap tokens, because they don't know when that hacker will spend the 3M tokens.

DIA must immediately swap like other projects whose tokens are hacked so that the tokens in the hacker's wallet become useless

NOIA tokens were also stolen during this hack and it affected in -40% of tokens price. Noia team has already created a token swap but it doesnt help token price to recover. So swapping is not really a 100% solution to this situation. I havent heard about ethereum token mixers (I know that it is possible to mix only ethereum), so maybe tracking all the address and stolen tokens, and banning them (if it is possible) will be proper solution.

The amount NOIA token stolen is almost identical to DIA, strange to see that DIA tokens price does not even dropped (moreover, it shows growth).

[eXtremal]

The price of the DIA token is increasingly falling at the moment it looks very difficult to move, mostly because the Kucoin exchange was hit by hackers and involved victims of several coins and tokens including the DIA token, I really hope that this situation will recover soon which is driven by the bright market

[Anarchy101]

Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.

I'm sure it will, if 3M tokens for dump then it will so bad, even can make a token price fall more than 70% of their price.
I think even people don't dare to accommodate so many cheap tokens, because they don't know when that hacker will spend the 3M tokens.

DIA must immediately swap like other projects whose tokens are hacked so that the tokens in the hacker's wallet become useless

NOIA tokens were also stolen during this hack and it affected in -40% of tokens price. Noia team has already created a token swap but it doesnt help token price to recover. So swapping is not really a 100% solution to this situation. I havent heard about ethereum token mixers (I know that it is possible to mix only ethereum), so maybe tracking all the address and stolen tokens, and banning them (if it is possible) will be proper solution.

The amount NOIA token stolen is almost identical to DIA, strange to see that DIA tokens price does not even dropped (moreover, it shows growth).

Yes, I agree swapping will not help much BUT it will definitely stop the hacker from dumping his token any further which will also give investors a sense of confidence that the project's price will not dip any further because of the hack.