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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. The Crypto Dog 📈‏ @TheCryptoDog Oct 9

      I see consolidation following a high volume bullish break out from a six month long falling wedge. Bullish as hell on $crypto and $ALTSpic.twitter.com/kkqdnFBzhN

      44 replies 143 retweets 592 likes
      Show this thread
    2. The Crypto Dog 📈‏ @TheCryptoDog Oct 9

      @MustStopMurad You may be right, $BTC hasn't hit the final bottom. But why should anyone even care? There is TONS of money and opportunity to be made in the $crypto markets whether you will at some point be able to buy Bitcoin cheaper than $6000.

      3 replies 2 retweets 26 likes
      Show this thread
      Murad Mahmudov  🚀‏ @MustStopMurad Oct 9
      Replying to @TheCryptoDog

      CryptoDog, this might not be popular for me to say, but from a fundamental perspective, alts are *still*, insanely overvalued. This gives me a bearish bias. There is no business for alts to be collectively worth >$100B, even nominally. Its pure irrationality in my opinion.

      6:06 PM - 9 Oct 2018
      • 2 Likes
      • Yaq∞t ᙇ mantra
      2 replies 0 retweets 2 likes
        1. New conversation
        2. The Crypto Dog 📈‏ @TheCryptoDog Oct 9
          Replying to @MustStopMurad

          None of this is rational except for when you consider the fact that there are powers that be holding large amounts of illiquid tokens. They need to exit and need to cause a pump for this to happen. Alts were insanely overvalued in April, yet they still doubled in value.pic.twitter.com/7wA08QjImE

          1 reply 0 retweets 2 likes
        3. The Crypto Dog 📈‏ @TheCryptoDog Oct 9
          Replying to @TheCryptoDog @MustStopMurad

          I am not at all suggesting there is any fundamental reason why altcoins will increase in value. Traders following fundamentals find out very quickly none of it really matters at the end of the day in $crypto. $alts will go up, and they will go down. "Real value" is a charade.

          1 reply 0 retweets 0 likes
        4. The Crypto Dog 📈‏ @TheCryptoDog Oct 9
          Replying to @TheCryptoDog @MustStopMurad

          I'm also not saying that $ALTS are bottomed or cannot go lower. What I am saying is that there is a high likelihood of them undergoing another mini cycle of mark up, distribution, and mark down, in the near future.

          0 replies 0 retweets 3 likes
        5. End of conversation
        1. New conversation
        2. NKHN‏ @zntrading Oct 9
          Replying to @MustStopMurad @TheCryptoDog

          Taking the MC of each alt on face value is incorrect. It's been shown that the true MC is about 1/50th of what you see on coin market cap. The way their value is determined on CMC etc is flawed. The real liquidity and $ value in these assets is far lower.

          1 reply 0 retweets 0 likes
        3. Murad Mahmudov  🚀‏ @MustStopMurad Oct 9
          Replying to @zntrading @TheCryptoDog

          agreed, hence I noted “even nominally”

          1 reply 0 retweets 0 likes
        4. NKHN‏ @zntrading Oct 9
          Replying to @MustStopMurad @TheCryptoDog

          Yeah I got ya, still hard to say X is overvalued at >100bn - even if value is invalid. Every asset in a bubble is overvalued, but we cant quote CMC MCs as a source of actual value and compare to other markets. Personally, I think the true madness is yet to come. Then 99% to 0.

          1 reply 0 retweets 0 likes
        5. Murad Mahmudov  🚀‏ @MustStopMurad Oct 9
          Replying to @zntrading @TheCryptoDog

          the true madness is yet to come... in 2021

          1 reply 0 retweets 1 like
        6. NKHN‏ @zntrading Oct 9
          Replying to @MustStopMurad @TheCryptoDog

          Potentially.. Novogratz has 2020 as 1999 parallel, could be right.

          0 replies 0 retweets 1 like
        7. End of conversation

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