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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. Joseph Kunzler‏ @josephkunzler Mar 30

      1/ For the first time in Bitcoin's history, transactions per day are not increasing. We are around October 2015 tx levels. This, imo has to turn around for value to substantially increase. Economic Activity = Value. Less Economic Activity = Bearishpic.twitter.com/Vt152fiTza

      52 replies 97 retweets 307 likes
      Show this thread
    2. Jennifer Hinkel‏ @Oncotastic Mar 30
      Replying to @josephkunzler

      From a technical perspective, BTC value is demonstrated by mining rather than by transaction volume; you can mine a block without inclusion of transactions. If people are mining and blocks are being generated, utility is there. If mining interest decreases, on the other hand...

      2 replies 0 retweets 4 likes
    3. Joseph Kunzler‏ @josephkunzler Mar 30
      Replying to @Oncotastic

      Agree - at any moment we can look at cost to produce a coin and figure out what is fair market value. I question, however - how irrational buyers have been for the last year or so. If demand dries up, miner interest will as well and price will decrease. I don't believe BTC is

      2 replies 0 retweets 5 likes
    4. Joseph Kunzler‏ @josephkunzler Mar 30
      Replying to @josephkunzler @Oncotastic

      inherently valuable as primarily a SoV. Either a) I'm wrong or b) according to this data we might see a lot more pain

      2 replies 0 retweets 6 likes
    5. Jennifer Hinkel‏ @Oncotastic Mar 31
      Replying to @josephkunzler

      I’ll take c) all of the above, and let me know if you want to see the math and economics I have to back it up. I believe it’s relevance as a store of value may be disproven fairly soon.

      3 replies 0 retweets 2 likes
      Murad Mahmudov  🚀‏ @MustStopMurad Mar 31
      Replying to @Oncotastic @josephkunzler

      May I see said economics perchance?

      10:05 PM - 31 Mar 2018
      • 1 Like
      • Jennifer Hinkel
      1 reply 0 retweets 1 like
        1. Jennifer Hinkel‏ @Oncotastic Mar 31
          Replying to @MustStopMurad @josephkunzler

          DM me, we will set it up.

          0 replies 0 retweets 1 like
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