Bitcoin Whales have accumulated thousands of coins in last 2 months - page 3.

J. Cooper

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Quote from: daarul50 on March 03, 2019, 02:10:33 PM

Sometimes I would like to be angry with bitcoin whales because they are so greedy and do not provide opportunities for bitcoin owners with little capital.

I'm confused as to how whales are stopping people with smaller capital to seize the current opportunities? I also feel like it's not their responsibility to 'provide' a certain opportunity in the first place but rather, your own responsibility. At the end of the day, it's a free market. That's why I don't understand why you are angry with them. Wouldn't you want to increase your investment in something you feel like is severely undervalued?

daarul50

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Sometimes I would like to be angry with bitcoin whales because they are so greedy and do not provide opportunities for bitcoin owners with little capital. However, with the bitcoin collection they do, I think bull runs will come soon because surely they want to get a bigger profit than they have done so far.

Hannahanto

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Quote from: J. Cooper on March 03, 2019, 12:42:29 PM

Quote from: Harlot on February 28, 2019, 02:04:00 PM

This only means that the whales are still alive and taking advantage of the market, the people in the middle of the food chain is giving their BTC on a discount for this hodlers which is obviously accumulating for the next bull run. There is really no other reason for that as 151,000+ BTC is no joke to be accumulated right now, yes it's nowhere near a million BTC but with the prices we have right now it's pretty big for someone accumulating. This might be a sign that they are preparing for something big.

Well, it's a crystal clear demonstration of a more general phenomenon. The rich are getting richer, while the masses lose out on these opportunities.
If you were willing to buy bitcoin at 19k you would be more than willing to snatch some up at 3.8k, yet that's not really what's happening. This exposes the paradoxicality of dumb money when it comes to market cycles.

Obviously, those who are capable of accumulating with large investment, are utilizing and manipulating the market when the time comes. But, the market would demand more supply back again. It would be good if the whales start letting out the coins in the market supporting the coins value raise again. At last, they are among the ones who decide the price at last.

Idoe

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The whales always have a good chance to be able to collect bitcoin, as a beginner and still a little capital can only hold it back. We really have to be able to learn like that to take advantage of the fear of investors to collect bitcoin. So use it as motivation if this bitcoin whale is able to collect thousands of coins in 2 months, learning from whales will be better.

J. Cooper

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Quote from: Harlot on February 28, 2019, 02:04:00 PM

This only means that the whales are still alive and taking advantage of the market, the people in the middle of the food chain is giving their BTC on a discount for this hodlers which is obviously accumulating for the next bull run. There is really no other reason for that as 151,000+ BTC is no joke to be accumulated right now, yes it's nowhere near a million BTC but with the prices we have right now it's pretty big for someone accumulating. This might be a sign that they are preparing for something big.

Well, it's a crystal clear demonstration of a more general phenomenon. The rich are getting richer, while the masses lose out on these opportunities.
If you were willing to buy bitcoin at 19k you would be more than willing to snatch some up at 3.8k, yet that's not really what's happening. This exposes the paradoxicality of dumb money when it comes to market cycles.

LUCKMCFLY

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Quote from: Dudeperfect on March 03, 2019, 01:12:37 AM

That's how the market works, as the great investor Warren Buffet says, "Be fearful when others are greedy and be greedy when others are fearful". Institutional investors and big whales are always ready to grab the opportunities. When newbies and other investors sell their investment under the panic situation, big whales and institutional investors buy it on lower levels so that they can hold it until the next price rally. While investing, going against the flow might be a challenge for newbies but that's the secret sauce of big whales.

Undoubtedly, Warren Buffet is a genius, it is a remarkable phase of the market in general, what we are going through, very few will trust to buy and maintain, some if, and at a time not yet determined, when the bitcoin reaches the bullish phase, many new millionaires will emerge.

Dudeperfect

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That's how the market works, as the great investor Warren Buffet says, "Be fearful when others are greedy and be greedy when others are fearful". Institutional investors and big whales are always ready to grab the opportunities. When newbies and other investors sell their investment under the panic situation, big whales and institutional investors buy it on lower levels so that they can hold it until the next price rally. While investing, going against the flow might be a challenge for newbies but that's the secret sauce of big whales.

GregH37

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I know that whales are the ones that control the market and determine the price always.
They have been known to be very smart and they know the market so well and it is an indication that there is great hope for bitcoin in the future.

This is nothing to panic about, whales will always manipulate the market but it will always be to the favors of bitcoin.

millgates

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Correct, many people tend to sell their bitcoin right now. They don't realize that actually bitcoin price is tend to rise. Those whales are smart people thats why most of them can become whales. New people who only care about profit don't know that market is still played by whales due to the low liquidity of bitcoin.

shoreno

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Quote from: sheenshane on March 02, 2019, 12:08:28 PM

I think there is a big chance that the bull run is coming.

that is also what im thinking about but only if the rumors were true .

Quote from: sheenshane on March 02, 2019, 12:08:28 PM

if whales could afford to invest such a large amount of cash to their cryptocurrency wallet, then for sure they can afford data and technical analyst to analyze when will be the next bull run come.

no i dont think that whales will hire an analyst . whales are knowdgeable and with the huge amount that they invest , they can easily predict the flow of the price pretty easy .

Quote from: sheenshane on March 02, 2019, 12:08:28 PM

Some whales also try to manipulate the price of the bitcoin that is why they are trying to hold a lot of assets together. But I think it will work soon. Let us see and wait for it.

yes that what whales are for . they only manipulate the entire crypto market so that they can earn a profit . based on what you wrote i think you are happy an excited for that event ? you should rather feel worried because that event can cause another big dump again ( lets hope not )

susuberuang

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Quote from: richminded on March 02, 2019, 05:51:58 PM

Quote from: Ucy on February 28, 2019, 01:43:36 PM

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

Still a hodler mate, no matter what they are saying as long as you hold bitcoin you will still be blessed. Those who hold much of bitcoin are really confident about the market, and maybe preparing for another peak so we as dust hodler or whatever it is, we should also start to accumulate bitcoin so we can also enjoy the possible up trend in the coming months, that’s the best thing that we can do as a hodler.

I think they can still hold as much bitcoin as they buy because they know that there will be a bitcoin halving day that will happen and from some experiences when halving day the price of bitcoin will be more expensive.

richminded

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Quote from: Ucy on February 28, 2019, 01:43:36 PM

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

Still a hodler mate, no matter what they are saying as long as you hold bitcoin you will still be blessed. Those who hold much of bitcoin are really confident about the market, and maybe preparing for another peak so we as dust hodler or whatever it is, we should also start to accumulate bitcoin so we can also enjoy the possible up trend in the coming months, that’s the best thing that we can do as a hodler.

LUCKMCFLY

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And they will continue to accumulate as many coins as they can and as many bitcoins as they can afford to buy, this is the time to do it, we are in the phase where that is what we are looking for, especially investors, since they can wait as long as necessary until the Bitcoin takes its upward trend and many will become millionaires just to wait and hold.

buwaytress

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I think the same news was observed with the likes of Ripple and Ethereum... I actually didn't expect the same for Bitcoin.

1. I've personally come into contact with long-term Bitcoiners who gave up even as early as 2017 end, or right after the ATH. I'd assumed these released coins were snapped up by smaller guys or late entrants like me.
2. We've seen people cash out at 10k and above. I didn't think whales bought them up.
3. More new entrants to the 21 million club.

sheenshane

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Quote from: semobo on March 02, 2019, 04:08:47 AM

Quote from: Ucy on February 28, 2019, 01:43:36 PM

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

The people are living with the hope of being a millionaire in future so trusting the new technology and holding it as much as they can. Grin

I think there is a big chance that the bull run is coming. If whales could afford to invest such a large amount of cash to their cryptocurrency wallet, then for sure they can afford data and technical analyst to analyze when will be the next bull run come. Some whales also try to manipulate the price of the bitcoin that is why they are trying to hold a lot of assets together. But I think it will work soon. Let us see and wait for it.

semobo

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Quote from: Ucy on February 28, 2019, 01:43:36 PM

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

The people are living with the hope of being a millionaire in future so trusting the new technology and holding it as much as they can. Grin

grifinmch

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This is a thought and we need to understand it so we can learn from the pope. The Pope is still waiting for us to get it so that we can give a high value and then take the opportunity to throw it away. The game will continue so that the true holder will be bored, who will eventually hold on to it.

Hivalley

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This whales are being proactive, and that's why they make the most profits when there is a boom in the price of the bitcoin.
They are always willing to buy more bitcoins and those with lesser amounts are readily available to sell to them.
For as long as I can remember they've continually manipulated prices and uses the opportunity to stuck up their wallets with bitcoins.
You and I can also hold on to what we have(bitcoins) and gradually increase our portfolios

davis196

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Quote from: squatz1 on February 25, 2019, 09:03:49 PM

Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!

151,000 BTC by a 3500 USD bitcoin price is around 529 million USD.Divide that by 100 and it's 5,2 million USD gain for the average crypto whale.It's not that much.Anyway,it's normal tha the global amount of btc is concentrating into the hands of the rich "whale" elite.That's how capitalism works...

SaShiRaJaVu

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It is not a big surprise to hear these kind of news as it is the best time to invest when the market is really low and wait for the market to recover and then book their profits rather than entering when the price starts to recover and that is how people make money from this market and not the other way around, entering at the last moment and then missing the point of exit and missing the entire run and then crying that they got played and so on. Tongue

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