What is a whale? - page 15. | Bitcointalksearch.org

Zadicar

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Quote from: sweetbet on August 23, 2017, 06:49:44 PM

Quote from: m3mbr44n on August 23, 2017, 05:24:04 AM

A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.

LOL. Very funny

)))

This actually made my day. haha. I dont know if serious or not on this post since he did really define on whats a whale literally. Well as a newbie you wont really easily catch up on whats going on here but if you are sensible enough we are on trading discussion board then probably we would discuss on a whale here on trading world.

For me, a whale is either a group or a single person/investor who have the capability on pumping prices of a certain coin they can easily affect the movement since they hold up huge volume of coins or they would decide to bought since they do have the money to put on.

cramcram21

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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.

Denamen

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whatle is an animal live in ocean.... if u need whale so u need to known just whale vomit is 70k$ 1 kg....
Roll Eyes

whale depend on ur coin u trade... if i have 50k$.. I can't be whale in btc market but in some trash coin with 10k$ marketcap I'm a super whale

Malsetid

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As far as my understanding is, these people are traders that have so much btcs that they can actually manipulate movements of altcoins by playing with pumps and dumps. I don't know, 10btc perhaps can make you a whale by playing on a smaller altcoin

ekoice

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Quote from: sweetbet on August 22, 2017, 09:11:51 PM

What is your definition of a whale? How many BTCs do you need to have to be a whale?

We could not exactly say that how many BTCs a trader needs to become a whale.If he has considerable huge amount of BTC which could influence the bitcoin price if sold immediately,then he should be termed as a big whale.These big whales usually sell all of their BTCs at once and make bitcoin price fall,which creates panic among newbies.Newbies immediately sell their bitcoins at cheaper price due to the fear of more price fall.Big whales just rebuy them at cheap price and increase their holdings more.Its a continuous strategy carried out by big whales and newbies regularly become victims since they lack knowledge about bitcoin.

MiXxe

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Quote from: sweetbet on August 22, 2017, 09:11:51 PM

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.

pooya87

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Quote from: sweetbet on August 22, 2017, 09:11:51 PM

What is your definition of a whale? How many BTCs do you need to have to be a whale?

being a whale is a relative matter which means you can be a whale with 0.5BTC in one market or you can bare be a whale with 2000BTC in another.
it generally means having a large amount or money and in the trading context it is someone who can influence the price by having that much. that is why i said it is relative.
in an altcoin market sometimes they are too small that you can manipulate them even with 1 bitcoin or less. for example buying 0.5BTC worth of some altcoin can increase its price 100%
but in other bigger markets it becomes harder. you may need 100 bitcoin just to increase the price 5%

betlord90

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Quote from: onyok on August 23, 2017, 11:18:33 PM

Quote from: Renji Abarai on August 22, 2017, 09:27:50 PM

A whale s those who has many capital to trade that it can control the trading. They can pump and dump the prices. I do not know how much capital needed but a lot of bitcoin to influenced the prices.

So if you say that whale are those who have big capital for trading. What is the advantages of being a whale on bitcoin.?? Is there a minimum value of bitcoin to be a whale.? And what are the disadvantages of being whale in bitcoin.? Thankyou for your responce.!!

The advantage for being a whale is you can manipulate the market price and play with it frequently and for becoming a whale you should have Flexible balance to cover up some good trades on the coin you desired especially with bitcoins, And i don't know on what is the disadvantage of being a whales since as far as I know the always winner on the trade is those people who have huge pocket to trade on.

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Quote from: Renji Abarai on August 22, 2017, 09:27:50 PM

A whale s those who has many capital to trade that it can control the trading. They can pump and dump the prices. I do not know how much capital needed but a lot of bitcoin to influenced the prices.

So if you say that whale are those who have big capital for trading. What is the advantages of being a whale on bitcoin.?? Is there a minimum value of bitcoin to be a whale.? And what are the disadvantages of being whale in bitcoin.? Thankyou for your responce.!!

yndye

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Quote from: sweetbet on August 22, 2017, 09:11:51 PM

What is your definition of a whale? How many BTCs do you need to have to be a whale?

I don't know for sure how many BTCs a trader would need to be called a whale but one thing for sure is that he has the capability to move the market and influence the traders to buy or to sell. If a certain coin is pump and dump, they would say that there is a possibility of whale manipulation because just one purchase of a whale and the coin has low volume would make the price increase for up to twice or thrice (pump) then it would attract the attention of other traders which would create FOMO and then when he profit enough, he would sell his position creating a dump.

Slowhand26

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is it possible to read or guess when will these whale pump coins in the market? I've been reading some articles about trading since I am new with it. Then I came accross with these youtube videos about predicting movements of whales trading. I heven't watched it actually just want to make sure if those data aren't hoax. I don't want to information overload when it comes to trading.

sweetbet

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Quote from: m3mbr44n on August 23, 2017, 05:24:04 AM

A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.

LOL. Very funny

)))

Superzpay

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Quote from: iamTom123 on August 22, 2017, 09:37:52 PM

The use of the word 'whale' signifies something that is big maybe more in terms of financial capacity, capital or resources. In case with cryptocurrency, a whale can influence the direction of trading most especially with a cryptocurrency with a small market base. There are also news that a group of whales can in fact manipulate the trading direction for Bitcoin, though this is still have to be confirmed from someone who is an insider in whale activities. I am not sure if how much funds or money a person or a group must have to be considered as a whale as we could have different perspective on this.

The term whale is used in trading in bitcoins because whales are the biggest creatures in the ocean and they have controlled the power over smaller fish due to their large and bulky body. Whales in bitcoins are looked at similarly because their extensive holdings the business can affect big schools of smaller traders with just a few successful trading methods. They can turn over the whole business and prices. And as said there is no idea of money required to be a whale. I think it is huge, so huge

Peppa2304

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a very large marine mammal with a streamlined hairless body, a horizontal tail fin, and a blowhole on top of the head for breathing. Grin

n4poleon

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Quote from: m3mbr44n on August 23, 2017, 05:24:04 AM

A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.

I heard that whale's oil is a potent substance that can get you awake in days so you can trade furiously. Sadly, this is rare now because America. But don't feel bad I heard that anyone can be a whale at mooncoin and dogecoin markets which is good so there's that.

xhienigat

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Whales in trading are those people who have big chunk of money that they use when they trade mostly the whales has a big role in the market they are one of the reasons why there are coins that are pumping and they can also easily dump if they already have enough profit.

m3mbr44n

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A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.

traderethereum

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in my opinion, the whale is a person which have big capital and can play with the market, have ability to increase and decrease the market, not just one market, but almost all market. i can not identified how much bitcoin we must have to be whales but the point is as long as you have big capital in fiat and bitcoin then you are the whale.

gamerfan

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Quote from: sweetbet on August 22, 2017, 09:11:51 PM

What is your definition of a whale? How many BTCs do you need to have to be a whale?

A whale is a person who have lots of money and is able to manipulate a market. Very often altcoin markets are manipulated by these whales, although I think if a coin has an actual potential, it could become successful regardless of whales.
A famous example of whale is Pantera Capital.

cubevtc

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Ceck me in livestream twith

With 100 btc i am sure can bee a whale

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