Being a whale.. | Bitcointalksearch.org

Eternad

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Quote from: selline on July 12, 2017, 09:56:10 AM

I think if you can get all the other traders as to where you want it then they become you will get the desired result in a specific altcoin or even Bitcoin market, I believe the only whales that can do this. So even though everyone has different views on how many whales that need should be the great whales.

Sometimes i wonder if some of companies were into investing in cryptos though I came into realization thay they might really targeting ico since almost big advance countries were into implementation of bitcoin so businessmen will be attracted on it.

selline

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I think if you can get all the other traders as to where you want it then they become you will get the desired result in a specific altcoin or even Bitcoin market, I believe the only whales that can do this. So even though everyone has different views on how many whales that need should be the great whales.

Asimmo

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Does there exist consulting brokerage companies, for crypto trading and investing?

trecore4

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Hard to say for me but I’m guessing that whales are just with big fat wallets and group of people working together.

BTCwriter

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Quote from: Asimmo on July 11, 2017, 10:53:17 AM

We hear whales' influencial actions everyday..
Who is considered whale in crypto world? How big capital is needed to be considered whale? How they coordinate with each other to influence coins?
what more concrete we know about them?

Posted From bitcointalk.org Android App

It depend, if a coin have 1million marketcap and you have 100 thousands worth then you a whale. If you have 100 thousands worth with a coin which have 50million marketcap then you is not a whale.

spngebob

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Quote from: renes on July 11, 2017, 11:39:38 AM

A little whale has 300 btc, big whales has 1000 btc or more approximately.

That is not a whale.
Whale is someone who can shake and make whole market very unstable, cause panic sells, make big pumps etc.

yonghongtang

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I am not a whale, I am just a fish , NEVER BE EATEN BY THE WHALES is my criterion.

Asimmo

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Quote from: NUFCrichard on July 11, 2017, 02:59:49 PM

I think a whale is actually more like a unicorn.

They don't really exist, or at least they don't exist in the way that people talk about them here. Why are these 'whales' risking millions of USD worth of Crypto to move the markets, so that they can maybe, hopefully make a few percent. I think mass hysteria is the real reason that the market swings quickly, then recovers, not whales.

The whole pump and dump stuff might be started by individuals or groups, but they just start the ball rolling and let the idiots move the market further.

More or less, that`s my opinion as well..
It`s huge risk, needing huge investment and still price fluctuation may not be correct enough, enough for profit..

aoihs00

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I mean come on no one really knows what whale is really? I meanI don't know either but Im thinking its not a person with big money. Whale must be or has got to be big organisation or an entity with billions of dollars invested into different crypto assets or say bitcoin. With its sell and buy it can shook the base of bitcoin price and influence it accordingly. Thats what I think. Any discussion please open up. Thanks.

maxNIMFA

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I've read yesterday about the guy who made $200 mln. on ETH in a matter on months.
Whale indeed.

qiwoman2

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I also believe that WHALES can move the markets in their favor. If you can get all the other traders to where YOU want them to be and you get the desired result in a certain altcoin or even Bitcoin market, then I believe only a whale can do that. So although everyone has a different view on how much a whale needs to have to be a whale. Market manipulation is what whales do best.

Webb.Char23

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Quote from: Asimmo on July 11, 2017, 10:53:17 AM

We hear whales' influencial actions everyday..
Who is considered whale in crypto world? How big capital is needed to be considered whale? How they coordinate with each other to influence coins?
what more concrete we know about them?

Posted From bitcointalk.org Android App

A whale is anyone with over $5,000,000 invested in the Cyrpto markets imo. This may change based on others opinion but that's a lot of money to be playing in such a volatile market. I think many of them coordinate together to pump and dump altcoins generating wealth for themselves further. I feel they can coordinate via chat rooms but there must be a high buys bitcoin club somewhere eh?

SmokerFace

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Im not a professional or a good trader but i can give you some information about being a whale.
Whale is a holder of Huge bitcoins that plays the market there's so many whales playing the market thats why you see the coin they targeted is easy to pump and other people riding on what whales doing, So if the whales dumped some coins it will affect a whole market.
I think there's a company of whales not only one people they're team that controls the market.

darkenedsoul

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Quote from: Metroid on July 11, 2017, 02:40:28 PM

Stop the bs, a whale is when somebody has at least 1% of total coins or shares, for example bitcoin maximum coins to exist is 21 million, so a bitcoin whale must have minimum of 210k bitcoins, if you have less than that then you are just a wild fish. It can have only a maximum of 100 whales per coin hence 1% each, however that does not hold true, some whales have 5% share or more or 1 million bitcoins. Very few whales in bitcoin world. The whale term is used for people which hold 1% or more of the total of something. You can quote me on that.

Done

My thoughts on the matter exactly.

NUFCrichard

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I think a whale is actually more like a unicorn.

They don't really exist, or at least they don't exist in the way that people talk about them here. Why are these 'whales' risking millions of USD worth of Crypto to move the markets, so that they can maybe, hopefully make a few percent. I think mass hysteria is the real reason that the market swings quickly, then recovers, not whales.

The whole pump and dump stuff might be started by individuals or groups, but they just start the ball rolling and let the idiots move the market further.

danherbias07

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Leading Crypto Sports Betting & Casino Platform

Just my opinion. A whale should be someone that could shake the bitcoin price.
Someone who have at least 1-5 percent of the whole bitcoin that is out now with the exception of the lost coins.
This person could really make a big deal when it comes to moving the price if he wants too.
5 to 6 digits of bitcoin might be enough to do it. It happened before and somehow he ends up pulling other bitcoin users with the breaking news of what he did. Because many people thought bitcoin will end after that.

Metroid

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Xtreme Monster

Stop the bs, a whale is when somebody has at least 1% of total coins or shares, for example bitcoin maximum coins to exist is 21 million, so a bitcoin whale must have minimum of 210k bitcoins, if you have less than that then you are just a wild fish. It can have only a maximum of 100 whales per coin hence 1% each, however that does not hold true, some whales have 5% share or more or 1 million bitcoins. Very few whales in bitcoin world. The whale term is used for people which hold 1% or more of the total of something. You can quote me on that.

Asimmo

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Quote

I would say you need at least $10,000,000 invested and actively trading to be considered a whale. Sometimes they cooridante on forums just like this!

That`s the main point of my question..
Where and how they coordinate..

I have seen artificial pump groups in Telegram (with 5-6000 members) , which play more/less 30-40 BTC during each pump..
Are they considered significant whales?

Also, e.g. I hold 100 BTC. How can i become influential and analyze coin`s behaviour in advance with my intervention?
SOlely? or they have professional consultants? what`s the common practice?

tittensor

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Quote from: Asimmo on July 11, 2017, 10:53:17 AM

We hear whales' influencial actions everyday..
Who is considered whale in crypto world? How big capital is needed to be considered whale? How they coordinate with each other to influence coins?
what more concrete we know about them?

Posted From bitcointalk.org Android App

You can understand if all volume order buy this coin small as 5-10 BTC, you just need have more coin than all this order, you can become to whale in this coin, but that volume just alive in shit coin Cheesy

With altcoin have big volume > 300 BTC, whales usually are group team and they not solo, they will make signal and buy/sell together the altcoin they want control and creating waves for trader continue it

pearlmen

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Quote from: Asimmo on July 11, 2017, 10:53:17 AM

We hear whales' influencial actions everyday..
Who is considered whale in crypto world? How big capital is needed to be considered whale? How they coordinate with each other to influence coins?
what more concrete we know about them?

Posted From bitcointalk.org Android App

Whale is not necessarily one individual rather a group of individuals and they are not far fetched. Also there is no one volume to be a whale because the capitalization of coins differ. Pump and dump groups are example of whale. For me, if a coin total capitalization is 2btc which means with my 1btc, I have 50% of control and to be a whale and that goes for bitcoin. It is the amount of funds one have to possess control.

Topic: Being a whale.. (Read 1639 times)