What is a whale? - page 5. | Bitcointalksearch.org

michellee

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Quote from: gehtrs on March 29, 2018, 02:17:32 AM

Whales are big names in the bitcoin industry and they can control the Bitcoin market. Or perhaps the whales may also be a group that can become many investors or traders who have huge capital to influence the market. Their investment is divided into major exchanges that affect prices.

it could be a big name but I am sure that there is any person that doesn't want to reveal his identity to the public but he has a big amount of bitcoin in his wallet. and for this, I think we can call him as a whale and he can buy all of the coins without having trouble. and not just in bitcoin, I think in another coin too because we know that sometimes there are many people which have a big amount of each coin in the market so we can call them as whales too.

asudja89

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I think it's a whale with a lot of coins. It's like a whale is huge, but whales can hurt some smaller investors because they have a strong price control, which is for smaller investors. Should always be vigilant!

gehtrs

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Whales are big names in the bitcoin industry and they can control the Bitcoin market. Or perhaps the whales may also be a group that can become many investors or traders who have huge capital to influence the market. Their investment is divided into major exchanges that affect prices.

gtforce

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whales are those who take some of their biggest investments and move on to some altcoins that keep prices up and down in the market

guoyu78

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Quote from: Gotottack on March 24, 2018, 01:11:23 PM

There are no definite amounts for you to be considered a whale but one thing is for sure, you have to own a substantial amount of Bitcoin so as to affect the Bitcoin market when you decide to sell your Bitcoins or when you are eager to buy a huge share in the availability of Bitcoins in circulation.

Whales, as used in this business, can either be people, partnership, corporation or any entity, that owns a substantial amount of Bitcoin. Generally, they are into Bitcoin because they would like to influence the market when they buy and sell for their own benefit. Through their acts, the average investors may greatly benefit from it or may substantially lose a huge amount of sum of money.

It is quite simple. If you have such big amount that with your one move, either sell or buy, market can be shaken, you are a whale.

There is no limit or criteria for a trader to become whale. This can be a single person or group of traders who have same joint goal and working at same thing. These whales have such a strong impact on international market that they can destroy much of it at once

nazaididuan1

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Bitcoin whales are notorious market traders, and most people usually point to individuals or groups that make waves behind the scenes!

The number of BCT can range from 1000 to 10,000, some even more.

barota

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Quote from: mendozaaria1 on March 23, 2018, 09:41:10 AM

The whale is a group that plans or groups what coin they are raising, the whales are many members, and they're a lot to invest, many coin they get to increase it.

I agree with you whale is a group can be made many investors or traders With huge funds affecting the market Their investments are divided into major exchanges that affect prices & bitcoin whales could also have a disproportionate impact on prices ; Usually dump and try drops the price for buy cheap

alibaba93

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Quote from: sallee2 on March 25, 2018, 04:56:22 AM

I don't really know exactly what's the real amount but i understand whales to be the big olders of BTC. Big in the sense of when they decided any move, Whether go out or go inside the market. They make a very big impact when it comes to the situation of the market. A whale is the one who can shake our nerves by changing the price of this or that coin

Exactly, whales are the ones who can change the price high to low and low to high. These are investors like everyone else but they invest not on hundred and tens of dollars rather their investments start from millions and end in billions, I don’t think so if someone is getting a constant profit weekly, monthly and even yearly that will be a whale

denisaardelean

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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, that is pretty good amount. I mean a person who have 1000 BTC is billionaire and defiantly he changes the whole graph of bticoin price if he wants

sallee2

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I don't really know exactly what's the real amount but i understand whales to be the big olders of BTC. Big in the sense of when they decided any move, Whether go out or go inside the market. They make a very big impact when it comes to the situation of the market. A whale is the one who can shake our nerves by changing the price of this or that coin

tylerderden

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Quote from: sweetbet on August 22, 2017, 10:11:51 PM

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

Whale is a big player that can move the market and manipulate it according to his needs, it can be a single person or also can be a group of people who collaborate with each other for making profit. Whale definition is vague and can mean different things in different markets, like to manipulate the price of ethereum market you would need to have more than 100 bitcoins at least, but for small cap markets like those coins having market less than $20 million then you can be a whale even with about 20 to 30 bitcoins.

stefany101

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In my own definition of whale, they are those groups who sell or buy an altcoins or bitcoins in a huge price that can be the cause of a coin to dump or jump too much. Sometimes, they also give announcements in telegram channels or discord channel of what altcoins are they going to buy and if you have enough funds to trade , it is better to buy with them in order for you to make big profits and money.

traderethereum

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Quote from: Agetan on March 24, 2018, 09:30:53 PM

Quote from: ahtsham90 on March 24, 2018, 03:01:10 PM

just take the example for the sea whales are the big fishes extreme big in size and can eat any other fish. Now, apply the same thing on crypto whales in crypto are athe gaint investor or in other words (venture capitals) these are the people who hold a large quantity of a coin or btc and can easily fluctuate it at any time . crypto martket isnt that big still in billion dollar marketcap so anyone can become a small whale with handsome money.

Its almost the same with ocean whale. 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.

yes, the whale can make an impact with the price in the market and I think they can make the price is up and down although they can control the market. the whale can buy many coins at the same time and of course, they can buy with a big budget and only wait for a while. although the price increases for a small price, they can make a big profit. but I don't know the truth about the whale can also manipulate the price or the trading because they have a big fund in every market.

Agetan

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Quote from: ahtsham90 on March 24, 2018, 03:01:10 PM

just take the example for the sea whales are the big fishes extreme big in size and can eat any other fish. Now, apply the same thing on crypto whales in crypto are athe gaint investor or in other words (venture capitals) these are the people who hold a large quantity of a coin or btc and can easily fluctuate it at any time . crypto martket isnt that big still in billion dollar marketcap so anyone can become a small whale with handsome money.

Its almost the same with ocean whale. 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.

SmokerFace

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Quote from: sweetbet on August 22, 2017, 10:11:51 PM

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

WHALE is another term for the Big investors that controls or manipulate the whole market they are the cause of big movements of the market even shitcoins they can pump is just a minute, One of the role of the whales are to let other investors ride on their tactics to get more profit after a big pump they can easily dump it but sometimes they're supporting coins that is good for other investors, It takes hundreds or thousands of Bitcoins to become a whale or to control the market.
They are the some of the reason of Hype and Fake pumps to attract investors as you see some of the coins are pumping so hard and after that day it goes down again.

ivankoh

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Quote from: Ashimwe on March 24, 2018, 03:47:26 PM

Whales are traders who can move the market, lol if you trading on a big exchange, you might need over 100BTC to move a small low cap coin lol anyway I don't know because am not even a tilapia

Whales are rich in the financial markets, they can dominate a kind of property at their will. Their investment is bad news for small investors to sell at very low prices then buy and release good news to push prices up and sell at good prices. Most of the market movements in recent times have been influenced by whales.

Ashimwe

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Whales are traders who can move the market, lol if you trading on a big exchange, you might need over 100BTC to move a small low cap coin lol anyway I don't know because am not even a tilapia

ahtsham90

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just take the example for the sea whales are the big fishes extreme big in size and can eat any other fish. Now, apply the same thing on crypto whales in crypto are athe gaint investor or in other words (venture capitals) these are the people who hold a large quantity of a coin or btc and can easily fluctuate it at any time . crypto martket isnt that big still in billion dollar marketcap so anyone can become a small whale with handsome money.

mininghubby

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Quote from: Leonard2016 on March 18, 2018, 04:33:53 PM

People with more than 1000 Btc , There are a lot of Whale in Btc market , most of them bought or mined bitcoin when it was cheap , it must feel really good to be a whale I'd like to try it!

Yeah not only in the term of bitcoin but i think whales 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 and on the other sense we can say that they control the price to pump or dump.

kotajikikox

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Quote from: sweetbet on August 22, 2017, 10:11:51 PM

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

a whale is the investor's in cryptocurrency with huge of amount of bitcoin, whales as i understand a big noss or the millionaire investing huge of amount in the world of virtual cryptocurrency and difficult to give an amount how many bitcoin hold in theirs hand become whale because in my opinion whales are millinaire.hav ecapability to many bitcoin how much he/she want to bought.

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