Downfall of dia data (DeFi)

[South Park]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.

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[jacafbiz]

I don't know why you are spreading FUD about this project, if you buy at the top thanks to you, but thos that bought at IDO are still in profit because the highest price was $1 I think. The current dump is not perculiar to a particular project but all the DEFI projects so there is no downfall anywhere

[milewilda]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.

Making yourself smart with some mix or sort of luck then you would really make out some good money into this hype or bubble but if you do trust too much and letting yourself too confident that this will last then you're definitely wrong and this will result into loss instead.This isnt something different with ICO hype yet everytime theres a trend then its normal that it would create some noise and when correction do happens then expect for plunge of price on most defi project and the funds will flow back into those traditional coins that we had ex. Bitcoin and top alts.This had been always the norm and as a crypto investor then we should really be wise
on making up decisions and dont let yourself do fall in greed.

[Francis Freeman]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.

Dia data seems to be a legitimate project which is trying to penetrate the Oracle space in blockchain but I feel that projects now are overvalued because of the bull run and people are just booking their profits.

[carlisle1]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.

Dia data seems to be a legitimate project which is trying to penetrate the Oracle space in blockchain but I feel that projects now are overvalued because of the bull run and people are just booking their profits.

just the run of defi projects and not Bullrun is what happens.

Dia seems to be overhyped but this currency has a good potential in future,maybe this is not about the hyping but about the goodness of the projects.
there is a best chance for some defi coins but not all of them will survive and that is sad news for those who invested and wanted to keep holding.

[Spaffin]

It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.

Dia data seems to be a legitimate project which is trying to penetrate the Oracle space in blockchain but I feel that projects now are overvalued because of the bull run and people are just booking their profits.

just the run of defi projects and not Bullrun is what happens.

Dia seems to be overhyped but this currency has a good potential in future,maybe this is not about the hyping but about the goodness of the projects.
there is a best chance for some defi coins but not all of them will survive and that is sad news for those who invested and wanted to keep holding.

Nevertheless, even a good project needs advertising, and the more noise, the greater the investment attractiveness. What is happening with the DIA project today is quite predictable, since the distribution of the first stage of rewards has begun. But if we take into account today's price, a little more than $ 1, then long-term storage will still bring us more than $ 5. Therefore, there is a chance to profitably invest in a really very good and promising project that has great potential in the future.

[MCobian]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.

Dia data seems to be a legitimate project which is trying to penetrate the Oracle space in blockchain but I feel that projects now are overvalued because of the bull run and people are just booking their profits.

just the run of defi projects and not Bullrun is what happens.

Dia seems to be overhyped but this currency has a good potential in future,maybe this is not about the hyping but about the goodness of the projects.
there is a best chance for some defi coins but not all of them will survive and that is sad news for those who invested and wanted to keep holding.

I agree with you saying DIA is overhyped, in fact all DeFi projects seem to be overhyped. So it is only natural that all DeFi projects
are currently experiencing a downfall, including DIA whose price continues to decline. But it doesn't mean that all DeFi projects are
bad, because I believe DIA is one of those DeFi that has good potential. So I am sure DIA will rise again soon, we just need to be
patient and wait until DIA price can go up again.

[leea-1334]

Almost all the defi projects are suddenly on the rise and after a while the value of those tokens is dropping a lot. But the DIA project was different and I can say it was the best defi project this year from which investors ensured huge profits. The price of DIA are now much cheaper but the dev team is still trying to increase the value of their tokens. But we need support and patience because their development activities are clear.

Actually they are on the down now after months of rising, even the growth is slowing down according to statistics. From the ETH gas fees alone I can see that the transactions are not as popular as even last month. Some say defi bubble bursting but I think this is just a temporary pause. Greed is too strong to kill off so quickly:)

[onecall123]

Almost all the defi projects are suddenly on the rise and after a while the value of those tokens is dropping a lot. But the DIA project was different and I can say it was the best defi project this year from which investors ensured huge profits. The price of DIA are now much cheaper but the dev team is still trying to increase the value of their tokens. But we need support and patience because their development activities are clear.

Actually they are on the down now after months of rising, even the growth is slowing down according to statistics. From the ETH gas fees alone I can see that the transactions are not as popular as even last month. Some say defi bubble bursting but I think this is just a temporary pause. Greed is too strong to kill off so quickly:)

I do accept that DeFi hype is not over it, in that's perspective there some chances of it going push back. It could and it could not moving up right now as it’s bearish. If investment is made and should be made if and only if you can hold it for atleast a year.  I’d hardly call that dead because of the vast majority of the market being down.

[sarmrakib]

Almost all the defi projects are suddenly on the rise and after a while the value of those tokens is dropping a lot. But the DIA project was different and I can say it was the best defi project this year from which investors ensured huge profits. The price of DIA are now much cheaper but the dev team is still trying to increase the value of their tokens. But we need support and patience because their development activities are clear.

Actually they are on the down now after months of rising, even the growth is slowing down according to statistics. From the ETH gas fees alone I can see that the transactions are not as popular as even last month. Some say defi bubble bursting but I think this is just a temporary pause. Greed is too strong to kill off so quickly:)

I do accept that DeFi hype is not over it, in that's perspective there some chances of it going push back. It could and it could not moving up right now as it’s bearish. If investment is made and should be made if and only if you can hold it for atleast a year.  I’d hardly call that dead because of the vast majority of the market being down.

I think moste of the project are coming with a strong platform though its hype going on .So that we need to hold a period to see the actual value of it .I have few DIA and i am holding it for long term.

[JeffBrad12]

I don't know why you are spreading FUD about this project, if you buy at the top thanks to you, but thos that bought at IDO are still in profit because the highest price was $1 I think. The current dump is not perculiar to a particular project but all the DEFI projects so there is no downfall anywhere

Im not sure if anything will always be considered as FUD. This is a common thing in the crypto when new crypto has been getting hyped and then back again to the what it should be. This time DIA has already traded below $1 and i expect more dump to come.

If he has bought this coin at the top and he has already suffered very big loss caused by DIA has already dumped more than 50% from ATH or even 70% from ATH.
A very difficult situation for DIA.

[cabron]

I don't know why you are spreading FUD about this project, if you buy at the top thanks to you, but thos that bought at IDO are still in profit because the highest price was $1 I think. The current dump is not perculiar to a particular project but all the DEFI projects so there is no downfall anywhere

Im not sure if anything will always be considered as FUD. This is a common thing in the crypto when new crypto has been getting hyped and then back again to the what it should be. This time DIA has already traded below $1 and i expect more dump to come.

If he has bought this coin at the top and he has already suffered very big loss caused by DIA has already dumped more than 50% from ATH or even 70% from ATH.
A very difficult situation for DIA.

There is the distribution of DIA bounties which you could already assume they also have sold. Prices of almost all coins had been dumped and this is just one. Its bouncing back too but I'm sure this isnt goingto end well unless you also trade to accumulate. Most of the traders are trying to get as much tokens as possible in preparation so if you are jus trying to hold as a bounty hunter, you'd be waiting for a long time before you'd see the price goes up if it really will.

[koang]

There is the distribution of DIA bounties which you could already assume they also have sold. Prices of almost all coins had been dumped and this is just one. Its bouncing back too but I'm sure this isnt goingto end well unless you also trade to accumulate. Most of the traders are trying to get as much tokens as possible in preparation so if you are jus trying to hold as a bounty hunter, you'd be waiting for a long time before you'd see the price goes up if it really will.

Yep. DIA bounces back.
DIA price today is $1.10 with a 24-hour trading volume of $13,190,465. DIA price is up 1.2% in the last 24 hours.
The price increase may have been triggered by the news about a community airdrop to long-term holders
https://medium.com/@diadata_org/dia-2020-airdrop-3f4753ca5cc6

[wxxyrqa]

There is the distribution of DIA bounties which you could already assume they also have sold. Prices of almost all coins had been dumped and this is just one. Its bouncing back too but I'm sure this isnt goingto end well unless you also trade to accumulate. Most of the traders are trying to get as much tokens as possible in preparation so if you are jus trying to hold as a bounty hunter, you'd be waiting for a long time before you'd see the price goes up if it really will.

Yep. DIA bounces back.
DIA price today is $1.10 with a 24-hour trading volume of $13,190,465. DIA price is up 1.2% in the last 24 hours.
The price increase may have been triggered by the news about a community airdrop to long-term holders
https://medium.com/@diadata_org/dia-2020-airdrop-3f4753ca5cc6

Airdrops do not always have a positive effect on the pricing of the coin, because the giveaway of coins always leads to an increased supply in the market, which reduces the value of the coin. But DIA has high potential and free coins and distribution of rewards are not critical for the project.

[koang]

Airdrops do not always have a positive effect on the pricing of the coin, because the giveaway of coins always leads to an increased supply in the market, which reduces the value of the coin. But DIA has high potential and free coins and distribution of rewards are not critical for the project.

Did you read the article?
One of the conditions for getting an airdrop is that you must have at least 1 DIA in the participant's wallet within a certain period of time,
this clearly increases the interest in buying DIA, It is not a free coin but is more like staking
And I agree with you that DIA has high potential

[South Park]

Dia data seems to be a legitimate project which is trying to penetrate the Oracle space in blockchain but I feel that projects now are overvalued because of the bull run and people are just booking their profits.

That is the thing, a project can be very good and offer great perspectives for the future and yet it can be overvalued and it is a bad idea to buy it at that moment, think of what happened in 2017 when bitcoin was close to reach 20k, was bitcoin a bad coin at the time? Of course not, it was and keeps being the best coin in the market, was it a bad idea to buy it for 20k in 2017? Yes it was, and anyone that did it paid the consequences of that mistake, DIA seems like a decent project and its value is very low compared to its ATH but it could be a good idea to wait until it goes even lower, and if it does then that could be a good moment to try to buy some.

[nelson4lov]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

If you've seen the market recently you would see that DIA isn't the only one suffering from the market correction that we're currently experiencing. Bitcoin and Ethereum have both fallen more than 20% from the recent high. For altcoins (especially DeFi tokens) have had an average loss of 60%. Swipe, YFI, YFII to name a few. Dia was launched closer to the time when the change in trend happen. Despite this, I do believe in the projects mission and would be a good long term hodl (price is at a good bargain at the moment).

The DIA team recently announced an airdrop for the dia community members: https://medium.com/@diadata_org/dia-2020-airdrop-3f4753ca5cc6

[vesper188]

If i have my coins on kucoin i will be able to receive an airdrop ?

[khiholangkang]

If i have my coins on kucoin i will be able to receive an airdrop ?

Yes, you are entitled to an airdrop. You can read the article below to find out how many airdrops you will receive
https://medium.com/@diadata_org/dia-2020-airdrop-3f4753ca5cc6

[shinratensei_]

If i have my coins on kucoin i will be able to receive an airdrop ?

You can check the article that has already posted by someone above you and when you are holding your DIA on kucoin and you will be eligible to receive your airdrop. In the article and it's clearly stated that any holders who have been holding their coins on the CEX and DEX eligible for the airdrop.