A whale is generally a person who holds are huge amount of btc, what a whale normally does is invest is huge amount of btc in a coin , even we invest or buy a coin but the difference is whenever a whale joins the market there is unexpected increase in price.
About being termed as a btc whale there is no specific amount of how many coins you need to have if you make a nice difference in price.
Topic: What is a whale? - page 16. (Read 4566 times)
A characteristic of a whale is that he/she is able and willing to actively influence market conditions by applying its relatively large share of the coin supply.
For me is someone that has around 0,5% of the supply, which allows him or her to manipulate price by dumping.
A Whale can be too the one that is going to be a whale, for example, someone that has no BTC but starts to buy great amounts making the price raise.
A Whale can be too the one that is going to be a whale, for example, someone that has no BTC but starts to buy great amounts making the price raise.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
The whales is a person that already had a lot of money and try to bought a lot of the percentage from the crowdsale to manipulate the market like what was happened with the ignis project. There is no limit for the amount that to be owned by the whales. Thousands bitcoin.
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.
What is your definition of a whale?
A bitcoin whale is generally a person who holds a huge amount of bitcoins in their wallet. And it those whales let say sold a huge chunk of bitcoin, it could have some effect on the price. I think they also manipulate the price from behind using this method. I also believed that this maybe a individual or a group of persons or even a company. So basically they are market movers because of their influence on the price.
How many BTCs do you need to have to be a whale?
It depends. Once individual can owns 1000 btc and can be called a mini-whale. And also there are dolphins as well. But those group of person who holds around 10000 or more can be definitely called a whaler. And I think early adopters of bitcoin has literally thousands of btc as well so they can categorically can be called as whale as well.
The whale called to know me is a whale in the sea. And we know that this is great. So here is the whale called trading. They are looking for a low Altcoins Volume and there they can put a big capital. I do not know how much money they have to raise a Altcoins. There are two so-called whales. One is a group of traders and one is independant. Based on my analysis on the Charts of each Altcoins the sea is the candle sticks and the whale increases if the candle sticks rise means that there is a whale inserted. That's just based on my look at the charts.
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.
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.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
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