Topic: What is a whale? - page 9. (Read 4512 times)
Bitcoin whales are people or the groups which possess a huge amount bitcoin and can influence market.
For me whale is a large investors who have huge influence to the crypto currency industry. These are the people that gives life to the digital world, I guess without them bitcoin will not fluctuate clearly and can't become famous in the world.
Moreover thru helps of that whales bitcoin will get their popularity in crypto currency world.
Moreover thru helps of that whales bitcoin will get their popularity in crypto currency world.
What do you think, is the biggest miners are the whales? Or the traders only?
I think that both kinds are comparable.
I also disagree that "a whales" are interested in BTC popularity: that means growing numbers of competitors. They might be interested in slow growth of crypto popularity, but totally not the boom.
For me whale is a large investors who have huge influence to the crypto currency industry. These are the people that gives life to the digital world, I guess without them bitcoin will not fluctuate clearly and can't become famous in the world.
Moreover thru helps of that whales bitcoin will get their popularity in crypto currency world.
Moreover thru helps of that whales bitcoin will get their popularity in crypto currency world.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
I think in my own understanding about it "WHALE" is an illustration to those people who is Rich or wealthy type of a person that has an authority to control the capacity volume market in trading industry in terms of value. Meaning these are the big investors in bitcoin industry
If your picture is like that I think we should better collect Bitcoin that much.
It doesn't just have to be many bitcoins, a whale is someone who has enough btc to affect the market. We're talkig about probably millions of dollars here. Volatility can be caused by these people who manipulate the movement of cpins through pumping and dumping
What is your definition of a whale? How many BTCs do you need to have to be a whale?
I think in my own understanding about it "WHALE" is an illustration to those people who is Rich or wealthy type of a person that has an authority to control the capacity volume market in trading industry in terms of value. Meaning these are the big investors in bitcoin industry
If your picture is like that I think we should better collect Bitcoin that much.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
I think in my own understanding about it "WHALE" is an illustration to those people who is Rich or wealthy type of a person that has an authority to control the capacity volume market in trading industry in terms of value. Meaning these are the big investors in bitcoin industry
If your picture is like that I think we should better collect Bitcoin that much.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
To become a whale you must have at least 1 000 bitcoins to be able to manipulate the marketplace. Yes it is a lot of money in our days but couple of years ago was something else. What is your definition of a whale? How many BTCs do you need to have to be a whale?
I think in my own understanding about it "WHALE" is an illustration to those people who is Rich or wealthy type of a person that has an authority to control the capacity volume market in trading industry in terms of value. Meaning these are the big investors in bitcoin industry
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.
When we said whale it means those are the investors that creates a material impact in the price of bitcoin, just like what is happening right now that for sure some whales are selling their bitcoin that is why the price now at the moment dropped by $1100, but don't panic for sure some whales are also waiting for this price for them to buy more.
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.
whale is a person or institution that holds huge amount of bitcoin that has a huge impact in price , when they dump a huge amount of bitcoin prices will go down but when they pump after they dump prices will rise up , whales mostly the miners and traders and the others are those who are the huge investors of bitcoins.
Correct. they hold tons of bitcoin in their disposal. And we heard so much about them manipulating the price. And just recently, individuals whales are starting to show up. Look at how the news lately, you will see personalities like Mike N and that Russian Billionaire (I forgot his name) admitting they have huge stash of bitcoins. Plus other personalities. You wouldn't heard them before. But since bitcoin is going up, they know self admit that they are bagholders.
There's still a lot of whales out there, trying to hide their identities through institutional investors. Maybe before they fear for their life or something. But I believed that they do can move the price literally, that's why they are called whales, which can move the ocean when they swim.
whale is a person or institution that holds huge amount of bitcoin that has a huge impact in price , when they dump a huge amount of bitcoin prices will go down but when they pump after they dump prices will rise up , whales mostly the miners and traders and the others are those who are the huge investors of bitcoins.
A whale is a person who buys a large quantity of a certain coins. In our case in crypto world, when you bought greater than or equal to 1 BTC in one coin, you are already considered as a whale.
Whale is a trader or a group that have a huge capital and they can control the price of Bitcoin and earn profit from that control.
it is someone who owns lots of crypto
I think that the whale can be called a person who has more than a thousand bitcoins. With such amounts, you can already set the tone in the market for crypto-currency in conjunction with other whales.
What is your definition of a whale? How many BTCs do you need to have to be a whale?
whale are amazing here are some incredible facts about whales and thier lives in the ocean whale a very large marine mammal with a streamlined hairless body horizontal tail,fin and a blowhole on top of the breathin as many as four generations of whales live together in some of these matrilineal groups scientist believe that now fewer than a hundred of the whale ply the water whales of both lineages are relatively common fossil in many marine deposits and whales are common around the islands they whaled at the water with thier paddles. I don't think Whale is someone who has a lot of BTC. Whale is defined by the amount of influence and pressure one has on market. Just as whales in the sea occupy a dominant position to affect decisions of other. Similarly the whale in the market is someone who has a large share of market. One cannot just say that holder of certain BTC becomes a whale.
I agree, a person can even be a whale even if he doesn't have crypto yet, but plans to buy some and announces his intent to do so. Like for example, Bill Gates suddenly announces that he will invest $1,000,000,000 on ETH then likely prices of ETH will go up or down depending on the market reaction. In that case, Bill Gates is a whale that need not use his cryptocurrencies yet but has greatly influenced the market just by his words.
Whale is a person holds more than 500 BTC in his hands. There are different types of whales in the crypto market, the sharky ones are the most dangerous ones, they have less than 500 BTC but they make pump and dumps in low volume altcoins.
Whale is someone has a big amount of Bitcoin maybe thousands Bitcoin. They can easily control the market, they can pump or dump the price of any cryptocurrency as they want. If you want to become a whale I think you should have at least 1000 BTC or maybe more )
) I don't think Whale is someone who has a lot of BTC. Whale is defined by the amount of influence and pressure one has on market. Just as whales in the sea occupy a dominant position to affect decisions of other. Similarly the whale in the market is someone who has a large share of market. One cannot just say that holder of certain BTC becomes a whale.
I agree, a person can even be a whale even if he doesn't have crypto yet, but plans to buy some and announces his intent to do so. Like for example, Bill Gates suddenly announces that he will invest $1,000,000,000 on ETH then likely prices of ETH will go up or down depending on the market reaction. In that case, Bill Gates is a whale that need not use his cryptocurrencies yet but has greatly influenced the market just by his words.
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