Topic: Bitcoins in hands of whales - should be worried? - page 2. (Read 10147 times)
in fact there must be panic in me but it's not too big, and I feel panicked for fear that someday the pope will sell all the bitcoins they have, it's not impossible that the market will go down.
If whales have this amount of BTC then they can control the market. If they wanted to dump every BTC they have, then surely the market will go down right away. We must hope they won`t do any unpleasant thing that will get the market hopeless.
If a certain whale is planning on selling his/her BTC stack, it would be very foolish to dump it all in one go, especially on one single exchange. There simply wouldn't be enough liquidity, and just after dumping on a decent number of buy offers, suddenly the bitcoins are being sold at half the price. The whale can simply sell slowly, in certain increments, to affect the market as less as possible.
Yes, there is danger that is if they will unite and took one single action and that is to sell their hoard in avalanche.
That would be freaky.
That would be ludicrous. You don't get to that position by cooperating. You get there by fucking as many people as possible and leaving them for dead. If this mythical group had their collusion all set up then if there was any advantage to break from it and get one over on everyone else they're all going to do it.
Yes, there is danger that is if they will unite and took one single action and that is to sell their hoard in avalanche.
That would be freaky.
According to BlockChain24.co, over the past nine months, the crypto whales have bought 450,000 BTC. You think is it any danger in whales holding so significant amount of Bitcoins?
This is an open market, everyone can buy how much he wants and we have too many exchanges, whales are part of every trading and market, we cannot stop them from manipulating the market, there are advantages and disadvantages but so far whales are helping to move the price forward.
There should be some form of threat that whales bring no matter what market they operate in. Knowing that they control a bulk of the market's share, it is easy for them to control the price at will if the moment is opportune and everyone is willing to play with them. Idk if that information from the site you referenced is true and verifiable, but the only truth I know is that there are times in which whales are to be commended and there are times that they should be avoided, simply due to the fact that they have lots of money.
The wealthy will dominate every market and crypto is no different. All the little guys can do is ride their waves and try to find out what way they are pushing the price before it becomes obvious. There are even bots set up that detect large transfers of coins to exchanges.
According to BlockChain24.co, over the past nine months, the crypto whales have bought 450,000 BTC. You think is it any danger in whales holding so significant amount of Bitcoins?
If whales have this amount of BTC then they can control the market. If they wanted to dump every BTC they have, then surely the market will go down right away. We must hope they won`t do any unpleasant thing that will get the market hopeless. 
According to BlockChain24.co, over the past nine months, the crypto whales have bought 450,000 BTC. You think is it any danger in whales holding so significant amount of Bitcoins?
Centralization of power is always dangerous! So if you look from this perspective, it is indeed dangerous! Because such kind of volume certainly gives a lot of power to the hand of few individuals who can control the market dynamics, if they are willing to do so!
However, none of us is sure about what is going to happen in reality. All we can do is speculate. So now that you know the denger, don't let this danger control your mind because you don't know what the future holds for you!
The only problem which can occur can be if they dump the coins but as they want to get more this will not happen and they will not dump it to make the price going down because aslo they will start lose.
They make some movements to pump and dump prices, this is obvious, but in a longterm if you have your strategy, it's not a big problem
Maybe if the person is desperate when see some dump, it's easy to lose money
The only problem which can occur can be if they dump the coins but as they want to get more this will not happen and they will not dump it to make the price going down because aslo they will start lose.
I think no, in the market there are Strong Hands or Whales, they are those who practically plan, manage and execute their plans, whether to increase or decrease the price, within which, are the Bullish or the Bearish.
Normally we are now in an Accumulation Stage
, where the main thing is to eliminate the offer and accumulate bitcoins as much as possible, for investors this is the best stage to buy and hold until the bitcoin takes the bullish trend.
It is not bad that they have accumulated that amount of bitcoin, because if they manage to accumulate at least 70% of the bitcoins the price is ready to take its bulliss trend.
Normally we are now in an Accumulation Stage
, where the main thing is to eliminate the offer and accumulate bitcoins as much as possible, for investors this is the best stage to buy and hold until the bitcoin takes the bullish trend.
It is not bad that they have accumulated that amount of bitcoin, because if they manage to accumulate at least 70% of the bitcoins the price is ready to take its bulliss trend.
when you hang around long enough you will realize that 90% of the things you read online is pure bullshit specially on news sites like the one you linked here that have low traffic and are filled with low quality articles while having lots of ads on them.
basically these people keep creating sites and fill them with click bait articles to earn pennies from the traffic.
as for whales in bitcoin, the whales are in any market. they are not evil incarnate out of the depth of hell! they are just people like you and i who are taking bigger risks and buying more bitcoin while we sit around and look at them become richer because of the higher risk they take.
basically these people keep creating sites and fill them with click bait articles to earn pennies from the traffic.
as for whales in bitcoin, the whales are in any market. they are not evil incarnate out of the depth of hell! they are just people like you and i who are taking bigger risks and buying more bitcoin while we sit around and look at them become richer because of the higher risk they take.
Whales are every part of the economy in every organizations, what are you going to do in this case, panic because we have some gaint companies in control of the market? the wealthy people are in control of the economy but the non wealthy people still manage to survive in their presence, there isn't anything you can do about this except to adjust to whatever comes out, bull or bear 
the whales has always hodl the large of btc but the small hodlers still survive.
the whales has always hodl the large of btc but the small hodlers still survive.
That's a huge amount and I guess that's enough for them to manipulate the market. However, I guess they're just like us who are aiming for the same thing. They also want the prices to go high and gain a good profit. It's either they would influence the market positively or negatively.
Whales always did this, not big news
Instead of try to fight against whales, it's better to follow the trends and take advantage of whales movements
Instead of try to fight against whales, it's better to follow the trends and take advantage of whales movements
A billion USD can already influence the market though. Dumping the 450,000 BTC all at once will surprise a trader that is watching the charts. It is however very difficult to be on stealth when sending large amount of BTC to an exchange will alarm people who are monitoring the ledger. Before they can even dump the sneaky traders would have done it before them. I bet they will do this on DEX this time since they can hide identity still unlike on CEX.
According to BlockChain24.co, over the past nine months, the crypto whales have bought 450,000 BTC. You think is it any danger in whales holding so significant amount of Bitcoins?
It is always dangerous for someone to hold enormous power. In this case, quantity of BTC is power since you can influence the flow of market. So the bottom line is not to panic sell when dump happens, don't let the whales grab your bitcoins for sale. 
It's an asset, that is acquired with cash, of course it would be largely in the hands of those with deeper pockets. Bitcoin improves transparency but can not bring equality.
Bitcoin can also favor even the small fishes in the sea and also work against the whales, unlike in the traditional financial system controlled by the people at the top
Bitcoin can also favor even the small fishes in the sea and also work against the whales, unlike in the traditional financial system controlled by the people at the top
According to BlockChain24.co, over the past nine months, the crypto whales have bought 450,000 BTC. You think is it any danger in whales holding so significant amount of Bitcoins?
Yes, there is danger that is if they will unite and took one single action and that is to sell their hoard in avalanche. However, it can also go the other direction and that is when they can decide to continually hold. In a bullish market, a dip due to a big sell can be a welcome development or a big advantage but that might not be the case if the market is bearish because it can dumped the market more. In other words, what they will do can be both good or bad depending on the market situation. We all live in an open market therefore anybody can be a "whale" or hold huge amount of bitcoin at his disposal. You have the money, you can buy any number of bitcoin you may wish.
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