Quote from: bakasabo on Today at 10:29:07 AM

Quote from: target on September 22, 2020, 04:52:38 PM

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. Cheesy

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.