Topic: What is a whale? - page 3. (Read 4566 times)

To be a whale, you have to exchange all your bitcoins for dollars and spend them, otherwise all bitcoins can depreciate and you will sit with digital garbage in your hands.

Well, whales are the investors who are holding a great volume of the currency and regulates the market. With the possession of enough btc, they have the ability to manipulate the market as they can make the market to move in the way which they want.
That is why a drastic fluctuation in the price is often observed all because of them...

The term “whale” is frequently used to describe the big money Bitcoin players that show their hand in the Bitcoin market. The ocean as a metaphor for the market is apt, since one can then extend it to include the big fish and the small fish; sharks; rallies as feeding frenzies; waves as market moves; and so forth. It may be, however, that the term “whale” has been applied to the wrong class of investor because the players described below are truly the biggest creatures in the ocean.

***BITCOIN DOLPHINS
They show themselves in the exchanges with orders of 1000 BTC, every now and again, and the common perception seems to be that the orderbook “whales” are the heavyweight players who move the market and can manipulate price if they so desire. However, this view is inaccurate.

The fact is that there are even bigger players than the so-called whales, who do not engage in the Bitcoin market via the dinky web interfaces the exchanges offer us, the “retail market” (small fish).

*** BITCOIN WHALES
bitcoin whaleThe large players being referred to are institutions such as Hedge Funds and Bitcoin Investment Funds. Some of these funds have announced their presence in the water:

   + Pantera Capital
   + Bitcoins Reserve
   + Binary Financial
   + Coin Capital Partners
   + Falcon Global Capital
   + Fortress
   + Bitcoin Investment Trust
   + Global Advisors Bitcoin Investment Fund
Others have yet to put oar to water…

   + Bitcoin Index Fund
… and others may or may not exist, depending on your sources and the reach of your sonar.

These funds typically manage hundreds of thousands of bitcoins, which they strategically and covertly put through the exchanges via special arrangement – out of sight and obscured from regular retail traders.

With their large capital mass, institutions can move the market at will. It is here where the metaphor of a Bitcoin Whale comes into its own because any other inhabitant of the ocean must simply get out of the way, or be moved forcefully. Additionally, no current is strong enough to deflect the whale from its course, so its intention becomes the way.

 

 according to all my friends a whale is a big investor that can invest a big amount in her/his chosen coins. a whale is a very rich person that can manipulate a price of a coins that he chose.

A whale for me is a big creature in the sea just joking haha but it could be the same definition if you look closely.  Whale is a certain person having huge amount of coins that can manipulate the market.  It can be a single person or a group of people.

Obviously, whales are the greedy one here. We all know how easy for them to manipulate the market whenever they want and they're always hungry for profit. And in return traders are just like robot than following whatever these whales want to do. Also they can also spread fuds all over the community and ready to pay whatever the cost of it.

Yes it is just a metaphor that is used here in this domain to compare different traders. All those who have invested so much in bitcoins that with their one move, bitcoins start moving here and there, can be referred to as whales.

These persons have different mindset and majority times, they don’t give a shit about profits of others. They are mainly focused to their personal interests.

Whale are those who have much number of bitcoins that have control in bitcoin. Yes, quite unfair to learn but yes! They have the ability to manipulate the  bitcoin market. They are the reason why bitcoin is high and then suddenly gets high.
As with the required capital, I am not certain it.

To me, a whale is someone who has enough BTC to move or manipulate the market, these are pump who pump and dump  many altcoins out there and I think they determine or drive price in particular markets.......guess how much you need to do that

I will call someone a whale if he has more than 1000 btc because with this amount, he can follow every coin without a problem and he can do buy and sell in anytime. and if somehow he wants to lift up the price, he can place an order to makes the market moves into the price he wants. we can see this is happening at every time when the price running to go up and down and makes the traders confuse about what they should do.

Whales are people, who have the greatest amount of cryptocurrency and they can affect the market. here is the video about whales:

https://www.youtube.com/watch?v=C76dlWSwSxM

Besides that they are the one that creates a big impact with the price or the value of bitcoin, if they buy the tendency is the price moves upward but when they cash out it all then the price will go down, it depends on how much they are investing, the advantage of it is if the market goes up then the people get to encourage more.

For me a crypto whale is a person with a million dollar worth of crypto either BTC or any major alts. A group of whales has a capability of shaking the market or change the price direction either going up or going down.

Today, BTC long whales, and short whales are battling for the BTC price. Lets see who will win. If the BTC longs wins. We will see BTC at $33k this coming July. If not, BTC will crash to 1k

I think the pope is just a title for many bitcoin owners and controls some of the price in bitcoin or you can say as a trading player that has a lot of capital. it is according to my knowledge, may be different from the assumption of others.

probably whale is the largest animal in the world so the word "whale" use here to understand largest, I,e who has a large capital. I don't know how much btc holder is called whale. probably it 500 btc or more.

In the world of crypto currencies, there are certain individuals whom you can call big whales and that is because of the reason that they have invested a huge amount of money into this and that they are just like the biggest stakeholders of the crypto market and they can affect the crypto market in so many ways. They can lift as well as can lift down the market value of any of the coin.

For me, a whale is someone who had a large amount of holdings to a particular token. Let’s say YOLO tokens for example, if that guy had bought 5 billion YOLO while others are having low holdings, he can control and manipulate the minds of others either by buying or selling.

Assuming that he bought YOLO at 50 satoshi and selling it at 100 satoshi, and he chooses to dump 25% of his holdings and ends up at just 25 satoshi by creating separate selling orders, it would make newbies and average joes to dump their own as well until it reaches targeted low price for that whale to buy more YOLO to increase his holdings.

The same thing goes to the other coins or tokens that you are holding. You will have a big advantage if you are a whale by playing the minds of the average traders if they keep holding or just dump them all. Just my two satoshis.

In my opinion, the whales can be traders, investors or groups of people with budgets comparable to thousands of bitcoins. Accordingly, they can afford to buy and sell for huge sums and thus influence the prices of coins in the cryptocurrency market.

If you are in a group of friends that only own a single digit of Bitcoin holding, then you are already a whale if you are holding some 20 Bitcoins. But if you only own a total of 20 Bitcoins, then you are only a small fingerling to a group of Bitcoin fans who own at least 100 Bitcoins. What I mean, apparently, is that the term whale is relative. But there is always a whale above every single whale. And these are those who own thousands of Bitcoins. 

I think whales refer to groups that have large amounts of bitcoin, or exchanges. They can manipulate this market. They can withdraw and sell the market and promote market sentiment in the most favorable way.