ansonphong

ansonphong Updated 

Ripple is looking good right now.

ansonphong

If you look at the latest price action over the last several months, it's amazing how much growth BTC is getting. It makes sense to look at other world changing technologies and how their stock prices have grown at times. Although everybody seems to have a different classification for Bitcoin, some call it a currency, some call it a commodity, some call it a...

ansonphong Updated 

We often draw projections of growth with straight lines, although straight lines rarely occur in nature. As the growth of BTC takes on a steeper incline as network effects take hold, a curve may be a more accurate way to represent it's growth. I could see a massive correction down into the $3-4K zone if we see the collapse of Bitfinex and Tether which seems...

ansonphong

I am watching a new generation of BTC users on-boarding right now, and everybody is waiting for any little dip as an excuse to buy more. With all the network effects strengthening and re-enforcing each other, you can feel the next wave of growth building.

ansonphong

I am not a pro trader, and this idea is only recorded for future reference, be it right or wrong. #thisisnotadvice #notetoself With the reality that there is no SegWit 2X fork happening, it's timely to review how we got to this astronomical price point over the past month. One month ago (October 8) the price was $4500. Today, (November 8) the price is sitting...

ansonphong

First of all, I'm not a pro trader, I only got into trading cryptocurrencies earlier this summer in the last hype cycle, this is purely for personal speculative purposes and out-loud observations so I can be proven wrong in the future. It's funny how this current hype cycle began, Altcoin traders started dumping their coins into BTC about a month ago to get in on...