Topic: The whales are cashing out - page 5. (Read 903 times)

No-one is cashing out. These fluctuations are due the the futures markets kicking in and people with no Bitcoin now playing the market.

The Bitcoin market is always going to be a buyers market, the 21 million limit guarantees that. People are always going to want to buy them.

Cryptocurrencies are the future and Bitcoin is the gold of cryptocurrencies. The whales know this, they understand that the more Bitcoin they hold out of the market system the higher the Bitcoin price goes. Why would they sell them? To buy what exactly, worthless fiat?

Buy all the Bitcoin you can and hodl, hodl, hodl  

If the whales are cashing out, no matter your position in the chain,your can have your own bite. Don't wait until it is over before you do the needful....
however, this could be another trick to force down the price.... whatever happens it is wise to thread cautiously.Weigh your options and do the right thing.

True that whales can make large transfers but even those transfers are not getting confirmed nowadays due to the malleability glitches in segwit as well as miners trying to play games with the whole network by switching their hashes to other coins and wait for more fee increase in the network.


I don't think they can't, because even if they send their money with less fee/byte but which is better enough to be accepted in nearby time, then why should they wait for the whales to take the advantage of current prices? It's not just limited to whales cashing out on bitcoins, but as of now, matter has become more serious when sellers also got a chance to make money selling.


- Guess you are wrong on the whales point somewhat, as even if they are selling off, they might be doing it under the fear of getting price shot back low.
- Again, you are wrong here. Newbies aren't buying from the whales alone, but exchanges too. But if we consider exchanges also as whales, then I believe we will be left with no such options but to sell asap as they have the power to keep the price up or take it down at a stretch.
- No need to send a transaction with $20 as fee if hold is all you can do. If you're patient enough and can wait for confirmations, why to wait for sending your coins anywhere with lesser fee?

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

If the whales were cashing out, BTC would be crashing hard. It isn't. It's still in the positive over 7 days despite the onslaught of CNBC/Ver/Coinbase collusion and the holidays and your so-called whale theory.

I'm glad that the forum sees you for the person that you are, which is Mr. FUD.

There are already press stories out where whales are saying they have sold the Bitcoin and taken home the profit. This has been taking place since November. They do it slowly over time to get the best price in order for the crash only to come as late as possible

That's an interesting profile you have freightjoe. After joining the forum and spending September posting solely in the  Re: TEU – the shipping crypto currency - bounty announced thread you take a break from September 15 and come back November 15 and seem only obsessed with calling Bitcoin a bubble. I would just like to point out that if you had bought Bitcoin that day it would have cost $6,900 and you would be sitting on nearly $10,000 profit. Exactly how long can you remain bearish?

It's the year-end cash out, nothing to worry about, especially for those who have made big gains in the year 2017 it's normal nothing disturbing

i don't understand really your reasoning here. sure the fees are more favorable to whales, but how does that mean that the whales are selling and cashing out ??

I don't know if exactly cashing out or moving to Litecoin and Ether, I think that's the reason behind the pump on alts.

I will buy all your bitcoins if you give them away cheap! Bitcoin is not going anywhere. Its been here for a decade. Just get used to it.

No real point in discussing with you as you are clearly incapable of rational analysis. The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

It is indeed true that whales are cashing out but it is not because they are not interested anymore to Bitcoin. Chances are high that it has to do with the season. Transactions are high which makes the demand low as well as the value of Bitcoin. But what to do is to hold rather than to do the same which is to also sell just because the market value is falling.

With such posts and individual pieces of information put into one that completely changes the sense the panic starts.
Things are not so simple and it's not wisw to make short conclusions. Not whales, not small investors will cause the collapse of bitcoin and bitcoin system just by buying or selling in certain moment and it's not true that fees are to blame that smaller investors are not cashing out bitcoins. You talk like this is not individual decision but some collective movement and this is not true.

So.. from the whole post the thing you got is that I'm shouting?? and you're response was telling me that I'm shouting? wow! good for you!

Here is a post you posted a month ago saying that bitcoin was going to crash:


Well.. Did it crash? No! Are you still doing the same thing every time BTC has a decrease in price? Yes!
You just come here start shit talking about Bitcoin, create some FUD and go back to sleep until the next price drop happens..

Completely wrong - the marketplaces are rife with manipulation and deceit. See the update on it here: https://bitcointalksearch.org/topic/this-is-how-bitcoin-price-is-manipulated-2625249

Your strategy is good mate. Gain les but dont loss.
But at the same time when you said that we have to sell when buyers are most crowded. I dont think that is good. I think the price will be higher if the buyers are crowded, so it is time to hold.

Bitcoin is bought and sold in open marketplaces, it is a decentralized currency with open source code. There is no conspiracy here. Of course some people willcash out now because they want to, but more people are buying in, thats the nature of market places. FFS get a grip.

That's how freightjoe starts all his threads with some logic-defying leap from a piece of information into the conclusion that Bitcoin is doomed. Some of his efforts are somewhat better than this but they generally rely on something that is unlikely to be true.

In short, the whales are the most powerful man in bitcoin. They hold the fees and bitcoin itself. Now I know, why there is a time that the price goes down deeply ang goes high. And you are right! Small investors are the one who catch the large amount of fees. Almost half of the amount will cost if they will transact or exchange to fiat.