Take a look at the projects showcased on BSV Blockchain :: Projects. It is an impressive demonstration of real-world usage. This is hardly surprising given that Bitcoin SV is the only blockchain designed to truly scale.
Visit https://coin.dance/ to see Bitcoin SV’s data throughput, consistently surpassing other Bitcoin variants. Current speeds are 50,000 tps and Terranode testing is showing a promising 1.5 million tps, it demonstrates remarkable capacity for handling substantial data. And… We are not even talking about how cheap it is to transact on BSV.
These are the reasons why it is being adopted.
I prioritize objective analysis, focusing on the technical capabilities and capacities of the cryptocurrencies I invest in, rather than their public image or popular opinion. BSV just like MAID are the most groundbreaking projects I have encountered.
I just did a purchase for $2000 to see what would happen. It shortly went up to $0.26 to immediately be pushed down to $0.20 again. This seems to happen every time that someone tries to push the price up as you can see on the daily graph:
I understand it is a problem of liquidity on the buying side, but I am referring to the issue that ‘some party’ is not allowing EMAID to rise.
So, you buy $2000 of EMAID, push the price up to $0.26, meaning someone just sold $2000 of his EMAID at $0.26. Then instead of upping the limits of the sell orders, the party pushes it down again immediately to $0.20. That means someone is trying to keep the price down. This happens time after time.
So what could be the benefit of keeping the price down right at the moment that things are starting to crystalize? It just doesn’t make any sense to me. I would love to smoke that party out
In principle, something makes me sense that the bull run is closer than most people think…
My concern is to check if we will have “something” prepared to offer the market, when even umbrellas are sold in the desert (for the rain, not for the sun).
There were great arbitrage options since bittrex decided to shut down, and there still are as far as I can see… easy 50-100% profits for whoever converts MAID to EMAID.
So it’s no surprise someone put up sell orders for an easy profit, but it won’t last for long, $0.2 in a full scale bull market ain’t gonna hold…
If you know how a liquidity provider / market maker works, it’s really not that odd behaviour. They usually “Draw” a pattern, moving the price in waves. Whenever someone pushes the price outside the normal path, the path will (only slightly) adjust. It works the exact same way on the opposite side, if you push the price down below the path, the market maker will obsorb the order and continue on it’s path.
Honestly, the market make active on Bitmart is not very advanced, and it even looks like it stops drawing from time to time. I expect that there might be some configurations going on before the MM will continue drawing, I would also expect it to be linked to Uniswap (where there is a market maker active as well). Just speculation, obviously.
