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MustStopMurad's profile
Murad Mahmudov 🚀
Murad Mahmudov 🚀
Murad Mahmudov  🚀
@MustStopMurad

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Murad Mahmudov  🚀

@MustStopMurad

Cryptocurrency Analyst. Bitcoin, not Blockchain. Angel Investor. Previously @Princeton.

New York, NY
Joined March 2017

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    1. Murad Mahmudov  🚀‏ @MustStopMurad Aug 20
      Replying to @davthewave @Adelgary

      this is absurd. if you extend that line it would imply we reach $2M by 2025, that’s just unsustainable, it has to slow down as it does with the log curve...

      2 replies 0 retweets 1 like
    2. dave the wave‏ @davthewave Aug 20
      Replying to @MustStopMurad @Adelgary

      Law of diminishing returns -pic.twitter.com/3Gt4GxtDrJ

      1 reply 0 retweets 1 like
    3. Murad Mahmudov  🚀‏ @MustStopMurad Aug 20
      Replying to @davthewave @Adelgary

      $1,000,000 by 2024 is just unrealistic man. the fundamentals don’t align. Im bullish but that’s too quick.

      2 replies 0 retweets 1 like
    4. girevik‏ @girevikcap Aug 20
      Replying to @MustStopMurad @davthewave @Adelgary

      What are the fundamentals? Keep in mind $6K would have looked ridiculous in 2012 when it was $6. Nothing goes up 1000x, right?

      1 reply 0 retweets 2 likes
    5. Murad Mahmudov  🚀‏ @MustStopMurad Aug 20
      Replying to @girevikcap @davthewave @Adelgary

      think about the amount of raw wealth that would need to inflow into bitcoin for it to be $1M. That implies ~21T market cap! 3x the size of Gold. I don't doubt it will happen, just not as quick as 2024.

      2 replies 0 retweets 3 likes
    6. dave the wave‏ @davthewave Aug 20
      Replying to @MustStopMurad @girevikcap @Adelgary

      I would say some kind of damage would be done to the US dollar at that point. I think we need to be wary of money illusion, where we take current numbers/ prices/ exchange rates as normative going into the future.

      2 replies 0 retweets 1 like
    7. Murad Mahmudov  🚀‏ @MustStopMurad Aug 20
      Replying to @davthewave @girevikcap @Adelgary

      I agree with you 100% ideologically just think people getting comfortable with non physical, no governmental money might take a bit more time than you expect

      1 reply 0 retweets 3 likes
    8. dave the wave‏ @davthewave Aug 20
      Replying to @MustStopMurad @girevikcap @Adelgary

      I think the fat cats on Wall street will swoop in once the previous ATH is recovered. Leaving just a few pennies for the masses sadly...

      1 reply 0 retweets 1 like
    9. girevik‏ @girevikcap Aug 20
      Replying to @davthewave @MustStopMurad @Adelgary

      It really comes down to the desire to hodl. I, for one, would hodl on to a large portion of my BTC at any price, even $1M+. So if most hodlers are like me and mining is reduced to a trickle through the next 2-3 halvings, it could happen.

      1 reply 0 retweets 1 like
    10. dave the wave‏ @davthewave Aug 20
      Replying to @girevikcap @MustStopMurad @Adelgary

      Really? Why wouldn't you swap half your BTC for a real asset such as land, or a 100ft yacht, or whatever? It's just money right?

      1 reply 0 retweets 0 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Aug 20
      Replying to @davthewave @girevikcap @Adelgary

      Depends on the world conditions but those are all seizable and btc isn’t

      5:52 AM - 20 Aug 2018
      • 2 Likes
      • Ahmad Adelgary girevik
      1 reply 0 retweets 2 likes
        1. New conversation
        2. dave the wave‏ @davthewave Aug 20
          Replying to @MustStopMurad @girevikcap @Adelgary

          If you're talking about a depression then you'd want productive land.

          1 reply 0 retweets 0 likes
        3. girevik‏ @girevikcap Aug 20
          Replying to @davthewave @MustStopMurad @Adelgary

          I would certainly spend some so I could live comfortably. But flashy assets like yachts/mansions/lambos are best avoided as they will attract even more attention.

          0 replies 0 retweets 3 likes
        4. End of conversation

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