Topic: Is the Bitcoin Giant Whale worthy of our respect? - page 2. (Read 288 times)
in my opinion if there are no whales to move the market cannot be the market and without whales profits from small fish cannot be obtained, anyone needs respect and it's those giant whales that make the market,
if the whales can control the movement of bitcoin, then I think having bitcoin in the majority can make them seem to be able to do anything in the crypto world. on the other hand if we can know their movement, then a little honey we can feel. we know the supply of bitcoin can certainly decrease from year to year, and from there the whales will be more free to move
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But I'm missing the point < Why need respect when we are all here for business specifically for money? whales are here for one single reason and that is to make money no matter what they need to do so what's the sense of the question about respecting them when they don't even care for us ?there is no direct motive for the respect and for business here. so for me "No I Don't Give a Damn"
Well, you gotta respect them, because without them Bitcoin won't reach this far. Though it's true that they can do whatever they want to affect the market If they do massive transactions, but they have no full control over the market.
If you're a long term holder of a good bag of Bitcoin, then you're considered lucky holding at the current price. Again, thanks to the whales for retaining/holding their massive bags. Correction, consolidation, dips, and other negative price action is just normal to a healthy market.
I disagree, the prices will still go up no matter what but much slower even without them. Think of whales as just millions of people with satoshis combined, they're the same. Also, someone shouldn't automatically get a respect, it's earned and you only give half before meeting them and what their action is will decide whether the half becomes full or the half is taken away. If you're a long term holder of a good bag of Bitcoin, then you're considered lucky holding at the current price. Again, thanks to the whales for retaining/holding their massive bags. Correction, consolidation, dips, and other negative price action is just normal to a healthy market.
Bitcoin Whales most certainly are worthy of our respect. They are the most important players in the market. They have mastered the tips and tricks of the cryptocurrency market. The number of whales entering into the market have increased and I believe this to be bullish for the future price of Bitcoin in the forthcoming months.
Whales just doing their own business. We cant respect them or disrepect in general
The giant whale, as its name implies, refers to a super huge whale. When this kind of ocean king appears, the sea can always set off huge waves, and one bite can swallow tens of thousands of small fish and shrimps. If in the world of Bitcoin Here, will they have a sense of responsibility for the healthy growth of Bitcoin? And I saw the huge volatility of Bitcoin, their teeth are like sickles, without leaving a drop of blood. I really don't want Bitcoin to be their tool. Will they control more than half or even more of the 21 million Bitcoins?
If they are there to manipulate or to market to be the worse place to invest then they doesn't deserve to get a respect from us, But if they are there support bitcoin and create a healthy hype then they provably good to be respected since they contribute the whole growth of bitcoin and this will be beneficial to us.
Still 50/50 for me. You can't simply give the giant whales respect because at the end of the day, they are the biggest holder and accumulators of bitcoin and they can do whatever they want, change the rules to favor them. So what will happen to us average joe?
So it's either you respect or love or totally hate them. It all depends on how you see their presence in the ecosystem.
So it's either you respect or love or totally hate them. It all depends on how you see their presence in the ecosystem.
If we talk about Elon Musk then he deserve to get a half respect since I really don't like what he do to the market for the past few months and seems his silence these days and I want him to be like that since he's presence doesn't really contribute here.
Well, you gotta respect them, because without them Bitcoin won't reach this far. Though it's true that they can do whatever they want to affect the market If they do massive transactions, but they have no full control over the market.
If you're a long term holder of a good bag of Bitcoin, then you're considered lucky holding at the current price. Again, thanks to the whales for retaining/holding their massive bags. Correction, consolidation, dips, and other negative price action is just normal to a healthy market.
If you're a long term holder of a good bag of Bitcoin, then you're considered lucky holding at the current price. Again, thanks to the whales for retaining/holding their massive bags. Correction, consolidation, dips, and other negative price action is just normal to a healthy market.
Still 50/50 for me. You can't simply give the giant whales respect because at the end of the day, they are the biggest holder and accumulators of bitcoin and they can do whatever they want, change the rules to favor them. So what will happen to us average joe?
So it's either you respect or love or totally hate them. It all depends on how you see their presence in the ecosystem.
So it's either you respect or love or totally hate them. It all depends on how you see their presence in the ecosystem.
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What supposed be our focus is to invest at the right time, as Bitcoin price reach all-time-high, it is normal for the price to retrace, it will also still reach a low price but not up to the previous low price, investing at the time is better. Some people have good investment strategy and they are very patient. The price of Bitcoin will still later reach all-time-high which will be greater than the present one but it will take time. If in the world of Bitcoin Here, will they have a sense of responsibility for the healthy growth of Bitcoin?
Whales are still contributing to the healthy growth of Bitcoin, if whales are moving bitcoin from exchanges to wallet, it means they are not selling, while the price have more chances to rise at the time. If whales are moving bitcoin to exchanges, it result to selling pressure as other Bitcoin users will know they are about to sell. What makes Bitcoin growth healthy is the buying and selling, there has been whales many years ago, and Bitcoin is still growing, but there will be time of growth (price increase) and a time of plummet (price decrease).And I saw the huge volatility of Bitcoin, their teeth are like sickles, without leaving a drop of blood.
It is called correction or retracement, that gives opportunity to new people to invest and also gain, the price may decrease today, but it will still later increase and reach all-time-high. I really don't want Bitcoin to be their tool.
Why? When Bitcoin is completely transparent. With what I explained above, you can know when whales are moving their funds, and if moving it to wallet or exchanges. Whales buying and selling is an opportunity for experts to make more money.What do you think of this problem?
There is no problem. 
No people should get respect automatically, they have to earn it no matter what is their status. To me, this kind of people who can move markets at a really big time is a good opportunity to earn money by watching the whales movements, you know when to sell and buy because the market will move when they strike.
But I'm missing the point < Why need respect when we are all here for business specifically for money? whales are here for one single reason and that is to make money no matter what they need to do so what's the sense of the question about respecting them when they don't even care for us ?there is no direct motive for the respect and for business here. so for me "No I Don't Give a Damn"
It is clear that there will be people and especially institutions that will end up owning a large part of the Bitcoin pie, as is already the case. Seeing this we can enter into the victimhood discourse that the rich are getting richer and richer and we can do nothing but wait for the government to save us, which it never does, or find a way to accumulate a respectable amount of Bitcoin.
This case is like asking if we respect the owner of big businesses , Do we really need to respect them ? not unless that person is personally connected to you or at least your Boss in your work then there can be relevant answering tor espect them or not. 
It is clear that there will be people and especially institutions that will end up owning a large part of the Bitcoin pie, as is already the case. Seeing this we can enter into the victimhood discourse that the rich are getting richer and richer and we can do nothing but wait for the government to save us, which it never does, or find a way to accumulate a respectable amount of Bitcoin.
If in the world of Bitcoin Here, will they have a sense of responsibility for the healthy growth of Bitcoin?
Whales are still contributing to the healthy growth of Bitcoin, if whales are moving bitcoin from exchanges to wallet, it means they are not selling, while the price have more chances to rise at the time. If whales are moving bitcoin to exchanges, it result to selling pressure as other Bitcoin users will know they are about to sell. What makes Bitcoin growth healthy is the buying and selling, there has been whales many years ago, and Bitcoin is still growing, but there will be time of growth (price increase) and a time of plummet (price decrease).And I saw the huge volatility of Bitcoin, their teeth are like sickles, without leaving a drop of blood.
It is called correction or retracement, that gives opportunity to new people to invest and also gain, the price may decrease today, but it will still later increase and reach all-time-high. I really don't want Bitcoin to be their tool.
Why? When Bitcoin is completely transparent. With what I explained above, you can know when whales are moving their funds, and if moving it to wallet or exchanges. Whales buying and selling is an opportunity for experts to make more money.What do you think of this problem?
There is no problem.
No people should get respect automatically, they have to earn it no matter what is their status. To me, this kind of people who can move markets at a really big time is a good opportunity to earn money by watching the whales movements, you know when to sell and buy because the market will move when they strike.
The giant whale, as its name implies, refers to a super huge whale. When this kind of ocean king appears, the sea can always set off huge waves, and one bite can swallow tens of thousands of small fish and shrimps. If in the world of Bitcoin Here, will they have a sense of responsibility for the healthy growth of Bitcoin? And I saw the huge volatility of Bitcoin, their teeth are like sickles, without leaving a drop of blood. I really don't want Bitcoin to be their tool. Will they control more than half or even more of the 21 million Bitcoins?
Bitcoin has always been linked to speculation and speculation. Bitcoin’s hype and currency prices have fallen dramatically. Investors who buy Bitcoin have their property infringed, which may lead to "the transmission of personal risks to social risks." At that time, Bitcoin will be What's it like?
I am not a pessimist, my faith in Bitcoin will not be shaken
What do you think of this problem?
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