What is your definition of a whale? How many BTCs do you need to have to be a whale?
In my personal of definition whale is the traders who can makes constant profit from trading activity, however the situation of the price for them price goes down or price goes up they always can makes money. I am not sure how much bitcoins be needed to be a whale, but the most important how many the constant profit from trading every day, week and month. That is big questions must be answered by traders than how much the amount of capital to be whale.
Topic: What is a whale? - page 12. (Read 4550 times)
What is your definition of a whale? How many BTCs do you need to have to be a whale?
In a normal explanation, a whale is a very big aquatic mammal that possesses lot of weight and occupies large space, so is also a whale in the market, someone or something that has a lot of coin and is a heavy investor.
whale is a person or company that has a stock or a lot of capital.
usually they are people who can control the price of a market.
capital needed to be a whale of about 100-1000BTC or more.
usually they are people who can control the price of a market.
capital needed to be a whale of about 100-1000BTC or more.
The capital doesn't really have to be at least 100 btc, it actually depends on a cryptocoins market cap. do you know that not all rich people can be a whale? but also an average
guy who's receiving decent income. for example, If a coins market cap is $10000 you can be a whale with $3000+. Low market caps are typically with newly released coins or
undervalued ones. the 1000+ btc can be used to more popular cryptocoins. being a whale is really nice as you can always influence the market
whale is a person or company that has a stock or a lot of capital.
usually they are people who can control the price of a market.
capital needed to be a whale of about 100-1000BTC or more.
usually they are people who can control the price of a market.
capital needed to be a whale of about 100-1000BTC or more.
there is no specific number that defines a whale, as long as you have a stack big enough to move the market and to increase/decrease fluctuation, you are considered a whale
Bitcoin has whales too same with world trading game. They are a group of capitalists or investors that can control the trade value that might profitable for them in any trade and alike. They can buy huge amount of Bitcoin and sell into dropped value or higher. Whales can manipulate the sea and so as the market. Big whales has a major role on Bitcoin's success and they can also dump the value if they would have to.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
In my personal of definition whale is the traders who can makes constant profit from trading activity, however the situation of the price for them price goes down or price goes up they always can makes money. I am not sure how much bitcoins be needed to be a whale, but the most important how many the constant profit from trading every day, week and month. That is big questions must be answered by traders than how much the amount of capital to be whale.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
In a normal explanation, a whale is a very big aquatic mammal that possesses lot of weight and occupies large space, so is also a whale in the market, someone or something that has a lot of coin and is a heavy investor. What is your definition of a whale? How many BTCs do you need to have to be a whale?
In my personal of definition whale is the traders who can makes constant profit from trading activity, however the situation of the price for them price goes down or price goes up they always can makes money. I am not sure how much bitcoins be needed to be a whale, but the most important how many the constant profit from trading every day, week and month. That is big questions must be answered by traders than how much the amount of capital to be whale.What is your definition of a whale? How many BTCs do you need to have to be a whale?
In my personal of definition whale is the traders who can makes constant profit from trading activity, however the situation of the price for them price goes down or price goes up they always can makes money. I am not sure how much bitcoins be needed to be a whale, but the most important how many the constant profit from trading every day, week and month. That is big questions must be answered by traders than how much the amount of capital to be whale. 
Well in my opinion you can consider yourself a whale when you own atleast 1000 btc (4 mill USD). In that case you are part of a very small percentage in the community.
If you have 4000BTC you can definitely adjust the price of all altcoin in a short time and this really is very easy for them because they do not need to think much but to get information from these investors really hard. As far as I know it is the big investors who can manipulate the trend of an Altcoins so they can increase the price. And it can also cost the price for a single moment. When the so-called whale is selling the price it can change an altcoins many people are caught up in here because the altcoins reasonably rise due to the purchase quantity here. But they did not know that it was the whales. So much is caught up and others are forced to sell their coins at low prices.
to me i think in present time the effect of such whales on the price of bitcoin is now decreasing. i am sure that with the passage of time their impact will continue decreasing because i know with the the passage of time the users are of bitcoin are increasing and therefore they are making bitcoin more and more stronger by investing more and more money in bitcoin, i am hopeful that in future there will not such manipulating from the big whale to effect the price of bitcoin. 
Well in my opinion you can consider yourself a whale when you own atleast 1000 btc (4 mill USD). In that case you are part of a very small percentage in the community.
My own definition of a whale are the guys that I need to pump my altcoin to the moon. I can spot many of them in polo and bittrex.
Whale is not bumper who use to do it. Actually they will be people im adoption and technically strong in blockchain and crypto coding who do the basic coding.
Try to invest on bitcoin to become a whale to bump the bitcoin price value.
To me, the market is like a storm, it can take everything away. But if we have a solid home, a method to fight the winds, we can overcome it easily.
As far as I know it is the big investors who can manipulate the trend of an Altcoins so they can increase the price. And it can also cost the price for a single moment. When the so-called whale is selling the price it can change an altcoins many people are caught up in here because the altcoins reasonably rise due to the purchase quantity here. But they did not know that it was the whales. So much is caught up and others are forced to sell their coins at low prices.
to me i think in present time the effect of such whales on the price of bitcoin is now decreasing. i am sure that with the passage of time their impact will continue decreasing because i know with the the passage of time the users are of bitcoin are increasing and therefore they are making bitcoin more and more stronger by investing more and more money in bitcoin, i am hopeful that in future there will not such manipulating from the big whale to effect the price of bitcoin. My own definition of a whale are the guys that I need to pump my altcoin to the moon. I can spot many of them in polo and bittrex.
Whale is not bumper who use to do it. Actually they will be people im adoption and technically strong in blockchain and crypto coding who do the basic coding.
Try to invest on bitcoin to become a whale to bump the bitcoin price value.
Yes this is up to the coin we're talking about. If we're talking about an altcoin with low volume, you can become a whale only with 5-10 bitcoin.
If we're talking about high volume altcoins, 50-100 bitcoin may not be enough.
My own definition of a whale are the guys that I need to pump my altcoin to the moon. I can spot many of them in polo and bittrex.
Whale is not bumper who use to do it. Actually they will be people im adoption and technically strong in blockchain and crypto coding who do the basic coding.
Try to invest on bitcoin to become a whale to bump the bitcoin price value.
I think that whales are people who hold about 5-10% ammount of bitcoins or some other altcoins. I cannot tell exactly how much it would be worth in bitcoin, but if they dump their 10% token, we will see a huge drop of price.
In my opinion, a whale is one who can pump or dump a coin single handedly. So it can be anyone with any coin. Bitcoin whale is one who has at least 50-100 BTC and uses them smartly.
A whale is nothing more than a rich guy or bot that affects the market of a coin by simply buying over time when the price is low(accumulating) when he has bought enough usually they make an announcement that the coin is gonna moon, once people are affected they buy and buy till price of coin is doubled up or maybe trippled up, once the price is high enough a whale dumps the coin selling it and getting away with profits, the buyers who bought at high price have now made a loss since they sell it for a much cheaper price..
That's true. All those creatures that can affect the price of our assets are called whales. The word "whale" is used for millionaires to because of the huge amount they possess. Obviously, money is also a form of power so they are powerful guys who bring dramatic changes in market.Jump to: