Pages:
Author

Topic: What is a whale? - page 7. (Read 4512 times)

full member
Activity: 1093
Merit: 103
March 17, 2018, 11:23:28 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
It comes to be a person that having a large amount of bitcoins in trading like a real whale that is large who can eat all the small time traders. Technically this whales are capable or they can make the market move up or down by theie ownself. For me to be called a whale they have to be atleast 50btc.
It seems to me that 50 Bitcoin is too small to have the status of a whale. Apparently, such opportunities are not enough for new users. These are the people who started working with Bitcoin at the beginning of his birthday.
member
Activity: 176
Merit: 10
March 17, 2018, 07:44:42 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
250 BTC, but normally the term 'whale' is often referred as a group of wealthy bitcoiners that attempts to manipulated a certain coin in the market for their own financial gain.
legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
March 17, 2018, 06:03:45 AM
The whale is the market participant who has more than 1000 bitcoins. If a market participant has a smaller number of bitcoins, then this is a dolphin. This is my personal classification and you can not agree with it.
We really do have funny guys on this thread and I really appreciate for making me to laugh after reading your post. However, I do not have up to 1000 bitcoins but please, I am not a dolphin Grin … 1000btc is actually a lot anyway, and usually a whale is someone who has a lot of stake in the market to be able to move it in their direction, and it does not have to be only btc. At least, I am happy to be a whale in one of the altcoins that I invested in during the ICO and it feels good though. Also, one thing is that whales sometimes usually come together to make a collective decision in the market.
sr. member
Activity: 659
Merit: 250
March 16, 2018, 04:44:14 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
It comes to be a person that having a large amount of bitcoins in trading like a real whale that is large who can eat all the small time traders. Technically this whales are capable or they can make the market move up or down by theie ownself. For me to be called a whale they have to be atleast 50btc.
newbie
Activity: 98
Merit: 0
March 16, 2018, 04:31:24 AM
The term is using in BTC which means a big capital, big money Bitcoin players that show their hand in the Bitcoin market. Has been applied to the wrong class of investor because the players described below are truly the biggest creatures. The largest players have to stagger and obscure their market entries by splitting large trades into hundreds or thousands of small orders.
member
Activity: 331
Merit: 10
StartFi
March 15, 2018, 04:06:11 PM
Whale is a kind of person who hold a large number of that coin to speculations for making their own profits.
They can control the price in their hand with that advantage easily and the victims of them are the panic selling and small investors, they're all be swallowed by the whales immediately.
full member
Activity: 490
Merit: 100
March 15, 2018, 01:49:29 PM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
The term whale is often used to describe a individual or community with huge financial resources and capital that can influence the prices of these coins in respect to this market.It is also speculated that there are group of whales that manipultes the bitcoin prices and can create pump and dump situation in market.They influence the direcrion of prices in market.But in small exchange a person with less capital can be termed as whale whereas in large exhange huge capital resources are required to be categorized under this section.
I agree that the whale is called the holders of a large number of funds in the crypto currency. but In some cases, they do very badly with other coin holders, since they are unfairly influencing the market with their capabilities .
sr. member
Activity: 910
Merit: 254
March 15, 2018, 11:00:08 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
The term whale is often used to describe a individual or community with huge financial resources and capital that can influence the prices of these coins in respect to this market.It is also speculated that there are group of whales that manipultes the bitcoin prices and can create pump and dump situation in market.They influence the direcrion of prices in market.But in small exchange a person with less capital can be termed as whale whereas in large exhange huge capital resources are required to be categorized under this section.
newbie
Activity: 20
Merit: 2
March 15, 2018, 10:31:09 AM
A whale has to be defined in relation to the trading environment.

On a small exchange, a person selling 3 BTC of a cryptocurrency can definetly be a whale.
On a huge exchange, it might have to be 300 BTC though...

What makes a whale is the possibillity of obvious price manipulation.
full member
Activity: 462
Merit: 101
March 15, 2018, 10:20:28 AM
The whale is the market participant who has more than 1000 bitcoins. If a market participant has a smaller number of bitcoins, then this is a dolphin. This is my personal classification and you can not agree with it.
full member
Activity: 322
Merit: 100
March 15, 2018, 10:08:52 AM
The favorable position for being a whale is you can control the market cost and play with it as often as possible and for turning into a whale you ought to have Flexible adjust to conceal some great exchanges on the coin you wanted particularly with bitcoins, And I don't know on what is the impediment of being a whales since to the extent I know the dependably victor on the exchange is those individuals who have tremendous pocket to exchange on.
full member
Activity: 462
Merit: 104
Crypto Marketer For Whales
February 14, 2018, 10:01:24 AM
Whales are those who can move the market. People with 5000+ BTC or more are those considered whales. Man they are real big time.
full member
Activity: 350
Merit: 100
February 14, 2018, 09:18:24 AM
Whale is reffered to an individual or group of people that can manipulate the market using their massive crypto wealth, The prescence of whale can be seen when a token experienced an escalated price in a short time span and suddenly dies out as quick, it skyrocketed, The price surge may not have occured due to news or actual reason but due to the existence of whale, Once the price spikes reaches a desired level, They begin to dump by selling all their holdings.
jr. member
Activity: 148
Merit: 1
February 14, 2018, 09:01:15 AM
Now i know what is whale. I always heard to my friends that word.coz some of my friends called the other who have a high profit in crypto.now i know
member
Activity: 294
Merit: 10
February 14, 2018, 08:57:28 AM
What is a whale? For my i know whale is a very large marine mammal with a streamlined hairless body, a horizontal tail fin, and a blowhole on top of the head for breathing
hero member
Activity: 2996
Merit: 609
February 14, 2018, 08:18:15 AM
Whale is a person who have enough crypto to manipulate market.
I don't know how much crypto do you need to become a whale but it may be more than one thousand btc.

I only know that a whale is a person that has much of balance in bitcoin and altcoin so he can move the price too low or too high and he can follow the price wherever the price wants to go. maybe more than one thousand of bitcoin is a big whale and I see in the market, there are too many people that have much of bitcoin.
Having thousands of bitcoins can be considered as a whales basing just on the current price of bitcoin even theres still even more who do hold up ten of thousands or even more.No one really knows on each person totally holds up lots of money. They can really go to the prices as they want either dump or pump on a certain coin and having that kind of money will really make directions as he pleases.
full member
Activity: 252
Merit: 102
February 14, 2018, 07:46:14 AM
From the definition of what I everybody have given, it just seem that every one of us can be referred to as whale. In a case where price is rising and threads encouraging people to buy more, the moment we move in that direction which then further increase the price of bitcoin, then we have all agreed to influence price and the same thing goes for when price of bitcoin is falling. For the fact that we all agree to pursue a particular decision with the objective to influence price, we are all whale.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 14, 2018, 07:43:19 AM
Whale is a person who have enough crypto to manipulate market.
I don't know how much crypto do you need to become a whale but it may be more than one thousand btc.

I only know that a whale is a person that has much of balance in bitcoin and altcoin so he can move the price too low or too high and he can follow the price wherever the price wants to go. maybe more than one thousand of bitcoin is a big whale and I see in the market, there are too many people that have much of bitcoin.
member
Activity: 224
Merit: 10
The revolutionary trading ecosystem
February 14, 2018, 07:39:06 AM
With 100 btc i am sure can bee a whale  

Really? I am not quite sure about that. As far as I know, the term of "whale" has been connected to the big player of the market. How come one person that own 100BTC can dictate the market? Whales are the heavyweight players who can control the market and can manipulate price if they want.
newbie
Activity: 38
Merit: 0
February 14, 2018, 07:34:47 AM
What is your definition of a whale? How many BTCs do you need to have to be a whale?

It's how people in here call big traders, these who manipulate the market.
Pages:
Jump to: