Downfall of dia data (DeFi) - page 6.

Bezobraznike

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Quote from: cepot9 on September 09, 2020, 12:05:37 PM

That's a natural thing because investors of course buy tokens at a lower price and sell them when the price is high and that is when they are listed on the exchange. Of course they still have a pretty good price, but who knows when the distribution bounty is over, maybe the price will go down again.

Cepot9 it's what we talk about here, buy the dips, sell the tops. When whales do that and many others are trying to follow
the same strategy the price will decline after weeks of rising. Some people waited the price to get to the top and to sell
huge amounts of coins. But there's nothing to worry about, the same people will buy when the price touch the bottom
and the prices will start to rise again.

cepot9

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That's a natural thing because investors of course buy tokens at a lower price and sell them when the price is high and that is when they are listed on the exchange. Of course they still have a pretty good price, but who knows when the distribution bounty is over, maybe the price will go down again.

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Quote from: Bitstar_coin on September 07, 2020, 09:20:17 AM

instead of people sulking about price, i think this is an opportunity to buy what you can afford, not long ago we witness the rise of ChainLink and many people cry how they miss opportunity, i believe dia is not just the usual hype type of defi, they are different and still very new, Link was since 2018 before it made a tremendous increase in price in 2020, that's about 2 years ago, imagine dia in 2 years to come, just my opinion.

all of that in my opinion is true DIA is a new project common thing decreases and increases it took a lot of time for DIA established and up hight
when viewed from the current price it is very good because the current price of DIA was still higher during its sales period

vesper188

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So hype is over and dia is only going down ?

Bitstar_coin

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instead of people sulking about price, i think this is an opportunity to buy what you can afford, not long ago we witness the rise of ChainLink and many people cry how they miss opportunity, i believe dia is not just the usual hype type of defi, they are different and still very new, Link was since 2018 before it made a tremendous increase in price in 2020, that's about 2 years ago, imagine dia in 2 years to come, just my opinion.

Captain Corporate

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We can't expect all these new coins to continue with the surge, it was too obvious that one day all of this hype would die down. At first it came out as something great and people liked it and I do understand that, I even liked it, but after a while it became something "lets get rich from this overnight!!!" type of thing which is when it became shitty. After that period it was all just people who wanted to be rich and obviously they ruined the market for all defi. Now we just gotta wait around until they are all gone and it will not be as hyped as it used to be but it wouldn't be as bad as it is right now, it will find an avarage where it is actually making change, it will be mediocre and not huge, think of DASH levels, thats around it.

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Quote from: leea-1334 on September 07, 2020, 12:44:24 AM

Quote from: Shohag123 on September 06, 2020, 11:20:01 AM

I think its normal that DIA coin has lost half of its value.Just see the market all coins were in red jone though now market is recovering.Just in a moment Bitcoin lost 1500$+ from its value and ethereum also lost its valuse from 460$ to 353$.So basically all the coins has decreased but DeFi coin has suffered more.All know that DeFi is the new topic and may be because of fud around DeFi ,DIA has lost some of its value.But I think dia coin will increase and it will be its ATH.Just look at the DeFi voin Sushi.It has decreased drastically.

Is it not a strange world of crypto where people can enjoy 10x and 40x gains in all of these so-called defi tokens and then complain when their coin loses 50% of value in a few days? Defi gained the most so it also makes sense it lost the most. But this will pick up again,,, of course,,, and people will forget again:)

The cycle will repeat again and again. The very simple reason behind the decrease in value in most tokens or alts is because bitcoin is still down. As we observed, most of them are following the trend of bitcoin. So it is no surprise if they are down up until now. Once bitcoin rises again, expect that most of them will follow especially those with really good foundation and usage.

arwin100

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Quote from: Quidat on September 06, 2020, 08:18:58 AM

Quote from: Tahid12 on September 05, 2020, 07:21:45 AM

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

Isnt these things still surprising? Whenever a project do rose up its price into a unbelievable manner then expect that it would be likely to go down into the same manner.
Just like into those good ICO days where everything is hyping and now we do have this DeFi and it would really be just on the same manner. Project can shoot up its price
and when you do get yourself into a Fomo then expect you would really be ending up on holding a shitty token or project.
This doesnt only imply on DIA but all of DeFi project would go into the same path.

The name has just change but it has the same characteristic so I believe this DeFi thing will be the new ICO and so far this is been newly used by scammers so we shouldn't let ourselves to get hype as you said since they will totally messed up in the long run. And I'm not buying those new things since I'd rather trade the old coins than engaging with those new around.

leea-1334

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Quote from: Shohag123 on September 06, 2020, 11:20:01 AM

I think its normal that DIA coin has lost half of its value.Just see the market all coins were in red jone though now market is recovering.Just in a moment Bitcoin lost 1500$+ from its value and ethereum also lost its valuse from 460$ to 353$.So basically all the coins has decreased but DeFi coin has suffered more.All know that DeFi is the new topic and may be because of fud around DeFi ,DIA has lost some of its value.But I think dia coin will increase and it will be its ATH.Just look at the DeFi voin Sushi.It has decreased drastically.

Is it not a strange world of crypto where people can enjoy 10x and 40x gains in all of these so-called defi tokens and then complain when their coin loses 50% of value in a few days? Defi gained the most so it also makes sense it lost the most. But this will pick up again,,, of course,,, and people will forget again:)

shoreno

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usually if a coin ( a really good coin ) falls , its hard to detect if what happen why its value drop but if the coin isnt qualified as a good coin , their drop can be easily detected . that coin your talking about which is dia isnt consider as a bad coin according to what i read from others posts and its also listed to binance . coins that are being listed on binance are likely going to be successful but that wont be instant . the drop isnt a reason for you to loose hope . the drop is small and the drop only occured shortly after being listed which is also normal .

shollyen

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We are so quick to judge. No wonder fomo works on some people. Many Defi projects are actually failed projects, but we should not generalized this. Some we unique, because they already have unique product and use cases.

Perfect35

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There is actually nothing wrong with DIA and there is noting wrong with what is happening to it. Whatever we have seen is in accordance with the market. In fact, it is one of the best launch you can talk of at the moment. It will surpass most Defi we see and when most of them are dead, I strongly envisage that DIA will be alive fine.

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Quote from: Denongels on September 06, 2020, 01:09:55 PM

Quote from: Shohag123 on September 06, 2020, 11:20:01 AM

I think its normal that DIA coin has lost half of its value.Just see the market all coins were in red jone though now market is recovering.Just in a moment Bitcoin lost 1500$+ from its value and ethereum also lost its valuse from 460$ to 353$.So basically all the coins has decreased but DeFi coin has suffered more.All know that DeFi is the new topic and may be because of fud around DeFi ,DIA has lost some of its value.But I think dia coin will increase and it will be its ATH.Just look at the DeFi voin Sushi.It has decreased drastically.

DIA case was purely due to the red market factor which almost affected all defi tokens, but the decline was not too severe because it was still above the bounding curve and private sale prices, for Sushi tokens it became a severe dump due to the actions of its founder who took terrible actions by selling the tokens he had.and removed some of liquidity from uniswap and that's why sushi dropped so much from $13 to $2.

HYPE defi starts to fade and people will return to original coins such as BTC, but indirectly this is the initial stage of DEFI that will survive it is the winner and we will see some DEFI tokens will become 0

Denongels

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Quote from: Shohag123 on September 06, 2020, 11:20:01 AM

I think its normal that DIA coin has lost half of its value.Just see the market all coins were in red jone though now market is recovering.Just in a moment Bitcoin lost 1500$+ from its value and ethereum also lost its valuse from 460$ to 353$.So basically all the coins has decreased but DeFi coin has suffered more.All know that DeFi is the new topic and may be because of fud around DeFi ,DIA has lost some of its value.But I think dia coin will increase and it will be its ATH.Just look at the DeFi voin Sushi.It has decreased drastically.

DIA case was purely due to the red market factor which almost affected all defi tokens, but the decline was not too severe because it was still above the bounding curve and private sale prices, for Sushi tokens it became a severe dump due to the actions of its founder who took terrible actions by selling the tokens he had.and removed some of liquidity from uniswap and that's why sushi dropped so much from $13 to $2.

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Quote from: Tahid12 on September 05, 2020, 07:21:45 AM

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

The way the DeFi hype was created in the market and the way the traders were moving towards that hype, the professional traders had to predict the outcome in advance. As more DeFi coins entered the market, prices skyrocketed and new traders were busy discussing those coins.

Dia is one of those coins that has managed to create hype in the market and is now being dumped after being a big pump. Those who have been able to get out of these coins at the right time have been able to make a good amount of profit. But it remains to be seen what will happen in the coming days.

Shohag123

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I think its normal that DIA coin has lost half of its value.Just see the market all coins were in red jone though now market is recovering.Just in a moment Bitcoin lost 1500$+ from its value and ethereum also lost its valuse from 460$ to 353$.So basically all the coins has decreased but DeFi coin has suffered more.All know that DeFi is the new topic and may be because of fud around DeFi ,DIA has lost some of its value.But I think dia coin will increase and it will be its ATH.Just look at the DeFi voin Sushi.It has decreased drastically.

Quidat

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Quote from: Tahid12 on September 05, 2020, 07:21:45 AM

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

Isnt these things still surprising? Whenever a project do rose up its price into a unbelievable manner then expect that it would be likely to go down into the same manner.
Just like into those good ICO days where everything is hyping and now we do have this DeFi and it would really be just on the same manner. Project can shoot up its price
and when you do get yourself into a Fomo then expect you would really be ending up on holding a shitty token or project.
This doesnt only imply on DIA but all of DeFi project would go into the same path.

durilup

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After every hype and a pump period there is a correction which I think is good for people that did not catch the "train"

MCobian

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Not only did DeFi projects experience a drastic drop in prices, but all altcoins experienced a price drop. This is due to the decline
in the price of Bitcoin which is quite deep in recent days. So it's not because there is bad news or bearish market is coming.
Including DIA tokens who also experienced the same thing, but there is no need to panic, still sure that everything will be fine.
Because I believe Bitcoin price will return to $ 12,000 soon and this will make the altcoins price recover.

robattfield

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Quote from: CuriousGeorge on September 06, 2020, 05:19:01 AM

Quote from: Metall303 on September 05, 2020, 09:32:35 AM

Most likely, such a dump of this project happened because in a few days they have to give out rewards for the bounty campaign. Perhaps this is an artificial price reduction

Is it true? as far as i know if the first batch of DIA data will be distributed started from the 18th of this month. It looks like that's not the problem as the bounty token is not yet getting distributed to the bounty participants. When dia has already listed on binance and that has become the main consideration to holders to sell their tokens and go for another project.

Bounty is not yet distributed, and its budget is very low compared to the current volume. So I believe it will never cause the price to crash, btw exactly what you said. Bounty hunter should hold this token in the long term because they are a potential project and will continue to grow in the future.

Topic: Downfall of dia data (DeFi) - page 6. (Read 1536 times)