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Topic: Bitcoin Whales questions? - page 2. (Read 598 times)

sr. member
Activity: 420
Merit: 250
November 28, 2017, 06:54:40 AM
#3
There is no actual rule on who is beeing classified as a whale. I would say from one thousand bitcoins which you're trading with up would make you a whale. This will probably change in this way that as the price of bitcoin goes up, lesser amount of bitcoins will be considered large. Now 100 BTC is one million $ and not so long ago it was "just" 10k$.
hero member
Activity: 1722
Merit: 528
November 28, 2017, 06:45:53 AM
#2
Well all I can say is most of the whales are all millionaires, maybe not millionaires but billionaires.

Most of them hold a huge number of bitcoins that can really affect the price of bitcoin if they want to do that. I think the term whale is like a big fish in a sea and there are other that is a smaller fish and average fish, I am still in the small fish representation. I think this link can help you. https://www.cryptocoinsnews.com/bitcoin-whale/
sr. member
Activity: 1056
Merit: 270
November 28, 2017, 06:35:34 AM
#1
How many bitcoins do I need to own to be classed as a bitcoin whale?

At what price do majority of these whales like to cash out sell bitcoin at?

How many bitcoins that banker Jamie Dimon has?

If most whales like to sell bitcoins at the overall target price wouldn't that mean huge sell walls everywhere and what will cause price of bitcoin price to dip crash? Is it buyers eating those sell walls or less volume?

Apart from Roger Ver is there a list of the biggest Bitcoin whales? These whales can crash the bitcoin price correct?
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