A whale is a crypto term to describe a person who has a huge number of coin that can move or manipulate market. I guess if you have a 500BTC you can be called whale.
I think it is 100BTC enough
Topic: What is a whale? - page 14. (Read 4550 times)
I think it is 100BTC enough
On every exchange there are people who sharply raise the price of a coin. They are artificially pumping it. Whales are those people who are able to raise the price of one coin right on many exchanges, because they have a lot of money
A whale is someone who has enough money to manipulate a market, and they do not necessarily need to be a millionaire because if you have a few thousand dollars you can manipulate small altcoin markets with low volume. Many people could be considered whales.
I think term "whale" is relative to the volume of a market. I've seen people with just 20 BTC order trades disrupt smaller markets in the short term. Of course, at that point a bigger whale could come in and screw the first one over.
A whale would really screw up the market specially on a coin on which it would really eat ups smaller buy or sell order depending into their plan on which way they would go that they can able to make more money. Whales can really easily manipulate prices since they do really have the power to do such thing, we know that money do really matters. What is your definition of a whale? How many BTCs do you need to have to be a whale?
In my opinion whale is someone who can shake market. How much bitcoins do you need to be a whale? Don't ask me. I am not even a fish, more like plankton and i don't usually think about those things. I just swim around...
I think term "whale" is relative to the volume of a market. I've seen people with just 20 BTC order trades disrupt smaller markets in the short term. Of course, at that point a bigger whale could come in and screw the first one over.
in my opion a whale has pocket full of bitcoin at least 1000- 2000 bitcoins using all his resources to mainpulate the market up and down through that proceess he can take a profit 1 bitcoin or more .
What is your definition of a whale? How many BTCs do you need to have to be a whale?
my definition about whales is atleast have million USD in her balance can control the market using that money he can easyly pump the coin they want to and get profit from it. but they accumolate first the coin in lower price and maintain it that price until they think all coin that he is holding is enough then pump it.
Becoming a whale in crypto world is way easier, than in a normal trading, where you need to dominate the market with hundreds of millions of dollars. Here, a single man can affect the price with a million dollar worth bitcoins. Of course it has to be an altcoin that hasn't got a huge 24h volume, but it's way simpler than elsewhere.
A whale is one of the traders that have a lot of bitcoin and they can control a cryptocurrency in the market to be able to generate some profit. They are called whales because of the big amount of bitcoin that they have and also they are professional in using those bitcoins. I think it needs at least 100 bitcoins in order to become whale.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
Those whale are the big investors or rich people who invested a huge amount of bitcoin. There are many investors who investing into bitcoin amounting millions in dollars, However, it is not necessarily for us to become a whale though all of us here had chances to become like that aat the time we get some profit of more that 10BTC. What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whale is just a term when there is huge drop of price, and because of that many people will panic and will sell their bitcoins, and the one who drops the price of bitcoin eill buy the bitcoins that is going to be sell in a lower price so that the whale will be the one who will be benefited by this act.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
Others here are defining literally what whale is, oh the irony. Well for me the definition of whale in terms of market whether it's with bitcoin or not. It's a big player, certainly a single person, groups or companies. I don't have an exact amount or idea on how much they had been holding, I guess 1,000 BTC is their minimum.
They are those who hopd great amount of crypto may it be btc or alts, they make sometimes the pumps and dumps when they buy and release it . They are mostly the target of ICO to make the project successful.
They are not just hoping with great amount of bitcoins and alt coins but they want to have the big wave in the movement of a coins price. In the easiest word, they want to control the market of crypto currencies, they have the power, the wealth and the fame. And they want to extend it with the market of crypto currencies.
What is your definition of a whale?
From the adjective itself, whale is somebody who can create waves. So if you can make highs and lows to a coin then please consider yourself as a whale.Quote
How many BTCs do you need to have to be a whale?
Well you know, amigo... it's not only about bitcoins; you can create waves with your fiat. You may consider billions or trillions of Great Britain Pounds to pump and dump a coin.I am not a whale myself but I totally understand how that works because I've been trading stocks for almost a decade now, yet I am foolish enough not to believe in bitcoins in its early stage.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
Others here are defining literally what whale is, oh the irony. Well for me the definition of whale in terms of market whether it's with bitcoin or not. It's a big player, certainly a single person, groups or companies. I don't have an exact amount or idea on how much they had been holding, I guess 1,000 BTC is their minimum.
They are those who hopd great amount of crypto may it be btc or alts, they make sometimes the pumps and dumps when they buy and release it . They are mostly the target of ICO to make the project successful.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
Others here are defining literally what whale is, oh the irony. Well for me the definition of whale in terms of market whether it's with bitcoin or not. It's a big player, certainly a single person, groups or companies. I don't have an exact amount or idea on how much they had been holding, I guess 1,000 BTC is their minimum.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
there's been some good answers here, however here is some links that go into further detail, and even answer your question regarding how much investment is needed to influence a market.
https://www.cryptocoinsnews.com/bitcoin-whale/
By injecting, say, 50,000 BTC, over the course of a week, a massive price change can be effected. Yet, doing so, for its own sake is pointless because the institution’s objective, just like smaller players, is to buy low and sell high – in other words, to turn a profit after each investment.
https://news.bitcoin.com/bitcoin-whales-and-how-they-make-market-waves/
For my opinion a whale is a person who can manipulate the price in the market,
It could pump the value at the same time he/she could also drop it down.
That's what I think whenever I heard the word whale specially when it comes to crypto currency.
- Yeah, but a whale can not manipulate price in the market, it only affects a certain part. Most whales play together, say a group and these whales will manipulate market prices according to what they want.It could pump the value at the same time he/she could also drop it down.
That's what I think whenever I heard the word whale specially when it comes to crypto currency.
- They can pump heavily or dumping a coin any they like, their purpose is just to earn as much money as possible. And usually I always follow the whales, this is the way we make money
For my opinion a whale is a person who can manipulate the price in the market,
It could pump the value at the same time he/she could also drop it down.
That's what I think whenever I heard the word whale specially when it comes to crypto currency.
- Yeah, but a whale can not manipulate price in the market, it only affects a certain part. Most whales play together, say a group and these whales will manipulate market prices according to what they want.It could pump the value at the same time he/she could also drop it down.
That's what I think whenever I heard the word whale specially when it comes to crypto currency.
- They can pump heavily or dumping a coin any they like, their purpose is just to earn as much money as possible. And usually I always follow the whales, this is the way we make money
Quote
Whales are creatures of the open ocean; they feed, mate, give birth, suckle and raise their young at sea. So extreme is their adaptation to life underwater that they are unable to survive on land. Whales range in size from the 2.6 metres (8.5 ft) and 135 kilograms (298 lb) dwarf sperm whale to the 29.9 metres (98 ft) and 190 metric tons (210 short tons) blue whale, which is the largest creature that has ever lived. The sperm whale is the largest toothed predator on earth. Several species exhibit sexual dimorphism, in that the females are larger than males. Baleen whales have no teeth; instead they have plates of baleen, a fringe-like structure used to expel water while retaining the krill and plankton which they feed on. They use their throat pleats to expand the mouth to take in huge gulps of water. Balaenids have heads that can make up 40% of their body mass to take in water. Toothed whales, on the other hand, have conical teeth designed for catching fish or squid. Baleen whales have a well developed sense of "smell", whereas toothed whales have well-developed hearing − their hearing, that is adapted for both air and water, is so well developed that some can survive even if they are blind. Some species, such as sperm whales, are well adapted for diving to great depths to catch squid and other favoured prey.
- https://en.wikipedia.org/wiki/Whale That;s a whale, 
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