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Author Topic: █▀▄ [ANN] DIA | Data infrastructure for DeFi | Binance/Kucoin/Bitmax/Okex ▄▀█  (Read 15026 times)
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October 03, 2020, 07:14:51 AM
 #321

I see that the price of DIA is very volatile, when the hacker has sold all of his tokens, the price has pumped more than 20% and after a while the price has decreased to the previous price. Is this a game of whales?
I don't know if this is just a game or something but I really believe that according to the information I see that kucoin is responsible for the losses stolen by hackers, it makes sense when thieves sell all the tokens they stole, and there is an increase after that
I understand KuCoin is responsible for the DIA Token being stolen, but it looks like it will take some time for KuCoin to return the DIA Token.
that means we don't need to worry too much about this as time goes by, the price situation of DIA will continue to improve and this is a very good opportunity to save DIA tokens at this time.

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October 04, 2020, 06:42:04 AM
 #322

I see that the price of DIA is very volatile, when the hacker has sold all of his tokens, the price has pumped more than 20% and after a while the price has decreased to the previous price. Is this a game of whales?

Can't say right now but, it is possible that whales might be accumulating DIA at a cheap price. I also believe that BTC too is playing a major role in stopping bull runs on alt market with it's constant swings.
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October 04, 2020, 05:53:40 PM
 #323

I see that the price of DIA is very volatile, when the hacker has sold all of his tokens, the price has pumped more than 20% and after a while the price has decreased to the previous price. Is this a game of whales?

Can't say right now but, it is possible that whales might be accumulating DIA at a cheap price. I also believe that BTC too is playing a major role in stopping bull runs on alt market with it's constant swings.

DIA is new. Tokens like this one is going to be volatile the whole time of its existence. There isn;t even a proper chart for it yet to view its whole market one a monthly chart.  But as a whole I think the project is really good and the price is a goodentry point to invest for long term already. The only concern to be in mind is the distribution of the tokens for the bounty participants.

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October 04, 2020, 11:03:23 PM
 #324

Can't say right now but, it is possible that whales might be accumulating DIA at a cheap price. I also believe that BTC too is playing a major role in stopping bull runs on alt market with it's constant swings.
How is it possible for the whale needs to dump it to the bottom just because to accumulate more DIA?

People should aware if binance will always become the best place to sell and it's not a place to buy for short term but when it will be accumulating for the long term and im thinking if it's fine.
BTC is not having any correlation with the volatility in the altcoins or even stopping the bull run. Just take a look at some defi that has already increased more than 400%.

The problem is people have already started to move into the new trend called NFT. This might become the real reason why hype of DIA has gone.
The bounty will also be distributed this day and we will see another small drop happened to DIA as some hunters (it's not all) may dump their coins.

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October 05, 2020, 06:29:33 AM
Last edit: October 05, 2020, 06:45:47 AM by Anarchy101
 #325

Can't say right now but, it is possible that whales might be accumulating DIA at a cheap price. I also believe that BTC too is playing a major role in stopping bull runs on alt market with it's constant swings.
How is it possible for the whale needs to dump it to the bottom just because to accumulate more DIA?

People should aware if binance will always become the best place to sell and it's not a place to buy for short term but when it will be accumulating for the long term and im thinking if it's fine.
BTC is not having any correlation with the volatility in the altcoins or even stopping the bull run. Just take a look at some defi that has already increased more than 400%.

The problem is people have already started to move into the new trend called NFT. This might become the real reason why hype of DIA has gone.
The bounty will also be distributed this day and we will see another small drop happened to DIA as some hunters (it's not all) may dump their coins.

I never said whales dumped it. What I said was the KuCoin hack, and BTC's price movements are the reason why DIA got dumped (fear was the main factor), and whales might be accumulating that.

You can't deny the correlation between BTC and the alt market whenever BTC pumps we see a dump in the market the same is true for when BTC dumps.
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October 05, 2020, 10:30:33 AM
 #326

Volume is going down week by week
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October 06, 2020, 12:36:52 PM
 #327

DIA and Gather announce a partnership, this partnership can be beneficial to both parties. Gather basically runs a platform that allows publishers to monetize without ads. Gather’s payout mechanism will leverage DIA’s open-source price
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October 06, 2020, 12:53:05 PM
 #328

Information to those who are warried about bounty distribution.

1 batch of bounty reward was distributed on today morning.
At first team send a test distribution to 3 bounty hunters, then to 11. After everything went smooth, they used a multisender to distribute the rest of rewards. As team is not very experienced at bounty distribution, they used 45 gwei which cause a slight pause before receiving.

For those who like to blame bounty hunters for price dump - before hunters received their rewards, DIA token price quickly dropped from $1.15 to $1.08.

R


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October 06, 2020, 01:39:46 PM
 #329

Information to those who are warried about bounty distribution.

.... As team is not very experienced at bounty distribution, they used 45 gwei which cause a slight pause before receiving.

For those who like to blame bounty hunters for price dump - before hunters received their rewards, DIA token price quickly dropped from $1.15 to $1.08.

lol! you think they use 45 gwei because they are inexperience or because they try to minimize the cost of sending dia to large number of bounty hunters! i do not think that was as a result of inexperience beside the most important is hunters have receive their reward,
the amount hunters received in very insignificant to affect price, for the price to dump like that must be a whale taking advantage of hunters distribution news to dump, it is very logical.

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October 07, 2020, 08:15:56 AM
 #330

Information to those who are warried about bounty distribution.

.... As team is not very experienced at bounty distribution, they used 45 gwei which cause a slight pause before receiving.

For those who like to blame bounty hunters for price dump - before hunters received their rewards, DIA token price quickly dropped from $1.15 to $1.08.

lol! you think they use 45 gwei because they are inexperience or because they try to minimize the cost of sending dia to large number of bounty hunters! i do not think that was as a result of inexperience beside the most important is hunters have receive their reward,
the amount hunters received in very insignificant to affect price, for the price to dump like that must be a whale taking advantage of hunters distribution news to dump, it is very logical.

Sorry, I did not get the idea of your post.

DIA team used multisender for the first time. If not inexperienced, then why they made a test distribution before sending in bulk and used 45 gwei, instead of greater transaction fee? You think they simply dont want to distribute or allow whale to drop price as low as possible, before hunters started to sell their tokens?

R


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October 07, 2020, 10:23:50 AM
 #331

Volume is going down week by week
It's not a big surprise to see that and when there was no a huge update about the development progress and it's quite difficult to attract the volume back use the partnership. DIA needs something big to create a hype. The volume can go down even more if there will be no a big event happened with DIA.
The price of DIA is less than a dollar right now which can be considered as a new bottom floor.

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October 07, 2020, 02:04:10 PM
 #332

Information to those who are warried about bounty distribution.

.... As team is not very experienced at bounty distribution, they used 45 gwei which cause a slight pause before receiving.

For those who like to blame bounty hunters for price dump - before hunters received their rewards, DIA token price quickly dropped from $1.15 to $1.08.

lol! you think they use 45 gwei because they are inexperience or because they try to minimize the cost of sending dia to large number of bounty hunters! i do not think that was as a result of inexperience beside the most important is hunters have receive their reward,
the amount hunters received in very insignificant to affect price, for the price to dump like that must be a whale taking advantage of hunters distribution news to dump, it is very logical.

Sorry, I did not get the idea of your post.

DIA team used multisender for the first time. If not inexperienced, then why they made a test distribution before sending in bulk and used 45 gwei, instead of greater transaction fee? You think they simply dont want to distribute or allow whale to drop price as low as possible, before hunters started to sell their tokens?

Bro nothing difficult to understand, if they use 45 gwei is because they already test it and determine the time frame it will take to send at that price, it took about 2 to 3 hrs for participants to receive their tokens which is not bad considering the amount they will end up spending if they decided to increase the gas fees, to me i see it as cutting cost, it has nothing to do with inexperience, you can't tell me such team are inexperience to send tokens,
remember whale will always try to take advantage of every situation, beside the whole market is also affect so no need to feel sad.

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October 07, 2020, 02:07:09 PM
 #333

It's not a big surprise to see that and when there was no a huge update about the development progress and it's quite difficult to attract the volume back use the partnership. DIA needs something big to create a hype. The volume can go down even more if there will be no a big event happened with DIA.
The price of DIA is less than a dollar right now which can be considered as a new bottom floor.
You're right DIA has to provide updates on development, so the hype can get back up. By the way does DIA have a roadmap? I didn't find it on the website.

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October 08, 2020, 02:08:34 AM
 #334

It's not a big surprise to see that and when there was no a huge update about the development progress and it's quite difficult to attract the volume back use the partnership. DIA needs something big to create a hype. The volume can go down even more if there will be no a big event happened with DIA.
The price of DIA is less than a dollar right now which can be considered as a new bottom floor.
You're right DIA has to provide updates on development, so the hype can get back up. By the way does DIA have a roadmap? I didn't find it on the website.
It does have a roadmap and it can be checked through this link https://docsend.com/view/zsyky5gigzwjxb36

I hope that if it will much better if DIA will make it available for the public through put the roadmap on the DIA's site. When you wanna open the deck and you must fill it with your email as a requirement to open it.
This must be a critize for the DIA team too.

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October 08, 2020, 02:04:08 PM
 #335

Volume is going down week by week
It's not a big surprise to see that and when there was no a huge update about the development progress and it's quite difficult to attract the volume back use the partnership. DIA needs something big to create a hype. The volume can go down even more if there will be no a big event happened with DIA.
The price of DIA is less than a dollar right now which can be considered as a new bottom floor.

this bad luck of Kucoin's case brought a great disgrace to DIA and caused panic in people, I see in the telegram that people are not very optimistic, they want immediate results, perhaps because they created high expectations that the price could be  $10 (I saw someone on Twitter somewhere saying that they believed the price would be $10 when they bought DIA and did not stop criticizing because the price is  $1). creating high expectations and not having the patience to wait can be bad

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October 08, 2020, 02:46:04 PM
 #336

Dont understand why people are so sad? The original price was 5 cents, now it is 1 US dollar. They should be happy. Those who feel say because the price dropped from $3 to 1$ - do you know why the price even went up so high? I dont have any explanation. There was a silence, but then all of a sudden price is $2+ and grows up. This is unreal. Probably a trap from early investors.

People have high expectation and got trapped by investors. Some people got rich, others with broken expectations, but the project will be forgotten in 4-6 months...

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October 09, 2020, 01:44:09 AM
 #337

do you know why the price even went up so high? I dont have any explanation. There was a silence, but then all of a sudden price is $2+ and grows up. This is unreal. Probably a trap from early investors.

The price of DIA could go up to $3 and more because at that time the hype of the defi was very high, so many people bought without thinking, even though the initial investors got DIA at a low price without being locked in a long time. Now that the hype of the defi is starting to fall, early investors are starting to sell their tokens and the price will definitely go down.
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October 09, 2020, 01:50:15 PM
 #338

Volume is going down week by week
It's not a big surprise to see that and when there was no a huge update about the development progress and it's quite difficult to attract the volume back use the partnership. DIA needs something big to create a hype. The volume can go down even more if there will be no a big event happened with DIA.
The price of DIA is less than a dollar right now which can be considered as a new bottom floor.

this bad luck of Kucoin's case brought a great disgrace to DIA and caused panic in people, I see in the telegram that people are not very optimistic, they want immediate results, perhaps because they created high expectations that the price could be  $10 (I saw someone on Twitter somewhere saying that they believed the price would be $10 when they bought DIA and did not stop criticizing because the price is  $1). creating high expectations and not having the patience to wait can be bad

Isn't that the case with all project, people always looking for a shortest possible way to become a millionaire in crypto, the thing with kucoin is unfortunate but that has no direct effect of the development capabilities of the DIA team, despite this unpleasant circumstance the team are not relenting to make DIA one of the top defi project out there, this is a relatively new project and should be given time to develop instead of negative vibes.

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October 09, 2020, 02:39:53 PM
 #339

Dont understand why people are so sad? The original price was 5 cents, now it is 1 US dollar. They should be happy. Those who feel say because the price dropped from $3 to 1$ - do you know why the price even went up so high? I dont have any explanation. There was a silence, but then all of a sudden price is $2+ and grows up. This is unreal. Probably a trap from early investors.

People have high expectation and got trapped by investors. Some people got rich, others with broken expectations, but the project will be forgotten in 4-6 months...
people always want more, there is nothing new here. It's just that someone bought a price increase, but it didn't take place, that's the reaction.
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October 09, 2020, 03:02:27 PM
 #340

Dont understand why people are so sad? The original price was 5 cents, now it is 1 US dollar. They should be happy. Those who feel say because the price dropped from $3 to 1$ - do you know why the price even went up so high? I dont have any explanation. There was a silence, but then all of a sudden price is $2+ and grows up. This is unreal. Probably a trap from early investors.

People have high expectation and got trapped by investors. Some people got rich, others with broken expectations, but the project will be forgotten in 4-6 months...

I don't know on what makes you say that the project will be forgotten after 4-6 months
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