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Topic: What is a whale? - page 10. (Read 4512 times)

full member
Activity: 252
Merit: 100
November 30, 2017, 04:21:49 PM
We will all be whales in a years time, and the more time that passes, the less BTC we'll need to be considered one.
sr. member
Activity: 728
Merit: 275
November 30, 2017, 04:18:07 PM
I don't think Whale is someone who has a lot of BTC. Whale is defined by the amount of influence and pressure one has on market. Just as whales in the sea occupy a dominant position to affect decisions of other. Similarly the whale in the market is someone who has a large share of market. One cannot just say that holder of certain BTC becomes a whale.
newbie
Activity: 10
Merit: 0
November 30, 2017, 04:16:08 PM

Wow, I didn't know whales actually exist here in this market. Yes, they are formidable because of large capital and are notable for their influence in the industry as well.
member
Activity: 420
Merit: 19
November 30, 2017, 03:40:28 PM
Whale is nothing but person who have a large amount of bitcoins. They have the power to control the price of coins in the market whether it goes high or low.
sr. member
Activity: 770
Merit: 254
November 30, 2017, 02:45:40 PM
Hmm that's a hard question, I think that someone is a whale if they at least own crypto's worth of 10k$ or 100k$
You can't buy a new car with $10K. $100K = apartment. Your logic = go to bank, take loan and you are a whale...is wrong.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
guess atm many whales don't have BTCs at all lol
I wouldn't say they don't have btc at all atm but they are probably whales with very low bitcoin amount  Grin
copper member
Activity: 1050
Merit: 294
November 30, 2017, 02:36:23 PM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whales are the users having a strong affect on the market of a coin, they can manipulate the price of a coin by their combine effect. Keeping in sight the current worth of bitcoin, users having more than a hundred bitcoins are included in the list of whales, so i think to be in their list you should have at least one hundred bitcoins.
full member
Activity: 588
Merit: 100
November 30, 2017, 02:13:32 PM
Whales are the one who have the power to control the money in the market. One move from them can either pump or dump the coins. That's how powerful a whale is in the economy. But I know for sure, all our project can't go in vain.
legendary
Activity: 2404
Merit: 1003
November 30, 2017, 02:01:16 PM
What is your definition of a whale? How many BTCs do you need to have to be a whale?

guess atm many whales don't have BTCs at all lol
newbie
Activity: 31
Merit: 0
November 25, 2017, 12:52:58 PM
Hmm that's a hard question, I think that someone is a whale if they at least own crypto's worth of 10k$ or 100k$
full member
Activity: 618
Merit: 100
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November 25, 2017, 12:37:15 PM
Whales are the only people with large capital that they can use to control the market. When they are on a buy or sell order they can lead to a sudden increase or a sudden drop.
full member
Activity: 588
Merit: 101
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November 25, 2017, 12:33:09 PM
What is your definition of a whale? How many BTCs do you need to have to be a whale?

People call someone a "whale" because of he/she has many coins like he have 10,000 bitcoins or even more and when he dump/pump the coins, it will creat a chaos on the market. There is no real definition of a whale though, whale also means he is a rich man that have many bitcoins/altcoins.
sr. member
Activity: 392
Merit: 250
November 25, 2017, 09:40:29 AM
A whale is termed to a trader who has huge volume of bitcoins which is enough to manipulate the bitcoin price.smaller the market,greater the influence of big whales.Earlier when chinese dominated the BTC world with more bitcoins in their hand,they manipulated the price many times easily.But when bitcoin market grew wider having users all over the world,they lost their dominance.But in altcoin market where marketcap is very small,big whales frequently manipulate the altcoin prices.
sr. member
Activity: 1246
Merit: 255
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November 25, 2017, 08:10:36 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
A whale is the one who can shake our nerves by changing the price of this or that coin. He has clear goals, and ordinary users suffer. In fact, at the very beginning of bitcoin development people were getting high enough and now they just regulate the market for themselves.
In my view users who keep hold of thousands of bitcoin or a large volume of bitcoin were termed to be a whale. These people tend to manipulate the price when they wish making a move as a large scale. Also sometimes they're the one who circulate FUD to make the small volume holders get into panic.
legendary
Activity: 1932
Merit: 2270
November 25, 2017, 07:58:21 AM
In terms of a BTC holding, I would say a whale is probably at a value of at least 250 btc which is about 1m usd. But a whale is very dependent on which market you are trading in, you could be a whale in some markets with less than 1 btc.
That is certainly not a whale.
Whale is someone who has 10000+ bitcoins and can fuck up the market.
hmm whale..
in my opinion , whale is people who buy more coin in Buy Order and use much ETH or Bitcoin , or other coin
so , if you see in Buy Order in major exchanges like Poloniex , HitBTC , CoinExchange and many more
and they buy with maybe 0.1 BTC ++ or 1 ETH ++ , its called "Whale"
*correct me if i'm wrong hehe
You are wrong, that is a plankton. Whale eats plankton. I hope you will get the picture  Smiley
member
Activity: 742
Merit: 10
November 25, 2017, 07:52:41 AM
hmm whale..
in my opinion , whale is people who buy more coin in Buy Order and use much ETH or Bitcoin , or other coin
so , if you see in Buy Order in major exchanges like Poloniex , HitBTC , CoinExchange and many more
and they buy with maybe 0.1 BTC ++ or 1 ETH ++ , its called "Whale"
*correct me if i'm wrong hehe
full member
Activity: 213
Merit: 100
Blockchain with solar energy
November 25, 2017, 04:22:30 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
A whale is the one who can shake our nerves by changing the price of this or that coin. He has clear goals, and ordinary users suffer. In fact, at the very beginning of bitcoin development people were getting high enough and now they just regulate the market for themselves.
full member
Activity: 364
Merit: 107
November 25, 2017, 12:55:44 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
I my opinion they are the one who can control the market or they can pump and dump a particular coin by only their ownself.
I think you may call yourself as a whale if you play around 10btc or higher in the market.


With the pump and dump most of the time are group of people who do it.

I think with 10 BTC you cannot control the market that is to little in my opinion.

I will consider a person a whale when they have a million dollars worth of Bitcoin.
member
Activity: 255
Merit: 10
November 24, 2017, 10:59:05 PM
whales are people who have large capital and can play with the market, have the ability to increase and lower the market, not just one market, but almost all markets. I can not identify how many bitcoins we should have as whales but the point is that as long as you have big capital in fiat and bitcoin then you are the pope.
legendary
Activity: 2912
Merit: 1068
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September 25, 2017, 02:22:13 PM
whales are kind of a myth. not that they do not exist, but them selling or buying wont move the market if there is noone following.
who move the markets are the sharks  Grin they join together and do pumps'n'dumps

But like you have said, they can't do anything alone, users have to follow. But I still think their influence on.market is a bit exaggerated and I think there are not so many whales people believe and they don't have so much Bitcoins people think they do.
Nevertheless I would like to know just for curiosity how much Bitcoins does the bigest whale has.
legendary
Activity: 2404
Merit: 1003
September 25, 2017, 11:52:00 AM
whales are kind of a myth. not that they do not exist, but them selling or buying wont move the market if there is noone following.
who move the markets are the sharks  Grin they join together and do pumps'n'dumps
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