I don’t really understand trading except on the most basic level so I may be missing something but why isn’t Uniswap having eMAID added to it by that burn from MAID facility so the people who do that get a nice profit? I get that they can only do that once but 0.18 > 0.33 is surely attractive?
So many possibilities.
Fees to move, non familiarity with erc, just holding for snt, selling on uni will drop the price so youre not guarenteed youll get 33c, youve then cashed out and maybe wanted the maid, tax implications to name a few.
Someone will arbitrage it soon enough im sure.
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I try to slowly do that by doing arbitrage but that only works if the gap is large enough to cover fees + liquidity to buy back on Bittrex.
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Nice push ups over the last week. Interesting to see it hold up even when BTC is dropping.
Are we expecting big news soon? Is that why the price is rising? Stable test net incoming? I know the last update had some big bugs that had been solved. Fingers crossed.
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We’ve seen a history in which pump and dumps seemed to occur when the community was feeling optimistic about something significant, like launch.
The current situation feels like that. This may be the real launch. There’s also a risk that we’re going to see another pump and dump whether it is or not.
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The main positive take away from all of this and especially the transition to eMAID (which is starting to really bare fruit) is that there is a massive divergence between price (lower) and On Balance Volume (OBV, much higher!)
MAID, or eMAID rather, is in the process of digging itself out of a grave. It’s really nice to see and the next bull run we ought to see more general interest, organic price movement, hopefully some price discovery 
, enough volume to buy/sell and options to buy/sell/store for everyone globally.
Ethereum and community members made that happen. Not to mention BGF/Ethereum helping with runway.
Markets may tank further but as long as they don’t slump for an extended period, things are really looking brighter for this project when we are surrounded by darkness.
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Heart’s Law states that things that are linked by common liquidity move together. In the case of eMAID, there is NO common liquidity with BTC and therefore it is not affected by the BTC/$ movements.
Privacy. Security. Freedom
Hearts law?
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There is no such thing, Richard Heart can’t make his own laws as they have no effect on the real world. He has no credibility in economics, can’t prove he knows economics and is not supported by people who do.
Emaid is a crypto currency and is linked to the crypto market. Even if Emaid
in the very short term might go up/down if BTC does the opposite, give it a few weeks or months and it will correlate to the general movement of BTC and crypto, if there is no other force of success or failure that makes it move on it’s own.
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It’s easiest to understand by looking at the Ethereum socks in UniSwap. Initially, 500 socks at a price of $12 and the corresponding amount of ETH were put in UniSwap pair. The price of Ethereum goes up in dollars and moves the sock price in dollars. Now 1 sock is worth $22k in ethereum.
Heart’s Law explains why when bitcoin falls in dollars, everything else falls too - because of bitcoin’s shared liquidity with everything else. People have to come and change this liquidity the buy and sell orders) by removing/adding new liquidity/orders.
Privacy. Security. Freedom
Looks like we have some momentum. 
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No much selling left it seems until 2000 satoshis.
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If anyone fancies replying or voting.
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Seems Bittrex is messing up the Orderbook depth because of one sell order put at 420…
I made simple chart from the orderbook snapshot as you can see here in python.
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bummer !!!
So I did some voting on the comments.
Perhaps if we try again with another “gentler” tagline? I can see how their over-sensitive spam filters may have led to the demise of this reddit
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i did wonder if it had been removed. I didn’t get a message saying so. I kind of copied this from a post in the safenetwork reddit.
What do you suggest?
1 Like
Simple python script to get the current orderbook of MAID-BTC.
import requests
import pandas as pd
import matplotlib.pyplot as plt
import numpy as np
url = 'https://api.bittrex.com/v3/markets/maid-btc/orderbook?depth=500'
req = requests.get(url)
data = req.json()
bids = []
asks = []
for bid in data['bid']:
# 'rate','quantity
bids.append([float(bid['rate']),float(bid['quantity'])])
for ask in data['ask']:
# 'rate','quantity
asks.append([float(ask['rate']),float(ask['quantity'])])
df_bids = pd.DataFrame(bids, columns=['rate','quantity'])
df_asks = pd.DataFrame(asks, columns=['rate','quantity'])
fig2, ax2 = plt.subplots()
ax2.ticklabel_format(style='plain')
ax2.set_title('MAID/BTC Distribution on Bittrex')
ax2.set_xlabel('BTC Price')
ax2.set_ylabel('Total MAID in BTC')
ax2.bar(df_bids['rate'],df_bids['rate']*df_bids['quantity'],width=0.0000005)
ax2.bar(df_asks['rate'],df_asks['rate']*df_asks['quantity'],width=0.0000005)
grid_x_max = 0.00005
grid_x_major = grid_x_max / 25
grid_x_minor = grid_x_major / 4
grid_y_max = 2
grid_y_major = grid_y_max / 20
grid_y_minor = grid_y_major / 4
major_ticks_x = np.arange(0, grid_x_max, grid_x_major)
minor_ticks_x = np.arange(0, grid_x_max, grid_x_minor)
major_ticks_y = np.arange(0, grid_y_max, grid_y_major)
minor_ticks_y = np.arange(0, grid_y_max, grid_y_minor)
ax2.set_xticks(major_ticks_x)
ax2.set_xticks(minor_ticks_x, minor=True)
ax2.set_yticks(major_ticks_y)
ax2.set_yticks(minor_ticks_y, minor=True)
ax2.tick_params(axis="x", rotation=90)
ax2.grid(which='minor', alpha=0.2)
ax2.grid(which='major', alpha=0.5)
plt.xlim([0, grid_x_max])
plt.ylim([0, grid_y_max])
plt.show()
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I should of bought more maid at the recent slump below 1k satoshis!
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Well there’s a few people that are keen to buy at the moment
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Hey you tech-savvy folks, is there any ready-made bots or something that would make it possible to sell some MAID in a certain price in dollars or euros? I’m thinking about a bot that would follow BTC/EUR pair and then sell a set amount of MAID if it hits 1€ for example.
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