What makes you a whale? | Bitcointalksearch.org

KaliLinux

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

Anyone who has an ability to create a fluctuation in market trend can be called as a whale. Probably he\she can be a long time holder from the beginning.
If that person just made a release or dump those it will affect market. It still depends how you describe to be a whale. It may be who holds 50+ or 500+ btc.

Bergiolia

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

Skilled traders and business millionaires are considered to be a whale but a group of them because each millionaire cannot manipulate the trade and it must be a group.
When they decided to manipulate the coin to make it on the top like what they did in Bitcoin last 8 years ago and Bitcoin Cash like late October this year then it's possible to make make it happen again for any other coins.

cryptopan

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Quote from: cryptopuma on December 06, 2017, 07:05:40 AM

You need atleast 50 BTC up to be called a whale,because if you have 50BTC you can pump a shitcoin and take profits in it then go out when you have good profits.

i agree with you need a lot of BTC to manipulate a specific coin for you to become a whale.

PolinaVodovatova

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Some projects have only 1M tokens, i think having 100k tokens makes you a whale.

cryptopuma

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You need atleast 50 BTC up to be called a whale,because if you have 50BTC you can pump a shitcoin and take profits in it then go out when you have good profits.

bbcolex

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Someone who can affect the current price of bitcoin, if a whale dump all his coins it can somehow affect the entire market , it can cause massive dump or gains. I believe whales are smart individuals or traders with loads numbers of bitcoins or alts.

Kemileye

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Whales are biggest investors in an ICO. They buy the largest number of coin and can invest up to 200BTC to buy an ICO.

batang_bitcoin

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

Mostly you need 50+BTC to be considered as a whale but as the price of bitcoin is moving fast, having 10 bitcoin in your neighborhood will make you a whale. So others are telling 50BTC and it all depends on how you are going to describe what whale is and on how many bitcoins do they hold. But for the current whales out there most of them does have 1,000+BTC.

Shirin16

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

for the moment I just want my money to be enough to make an altcoin project, so that later I have a good future in the world of cryptocurrencies and can also support all the developments in the world of crypto.

sagatel

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The amount of money does not matter! Whale can affect the cryptocurrency market. Such person may change the price of bitcoin will.

FundFantasy

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

Whales are usually defined with an amount of 100+BTC

nsasuiteb

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It depends, you can be a whale of ethereum or zcash and also that of GameBet Coin, for ethereum you need millions of dollar but for gamebet coin you just need $10k

Niya

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It requires a load of money, but it depends on which coin to pump. To be a whale in anyone of top 20 coins, I think they need at least 1 million dollars. But money isn't all; also often whales have a huge influence on social media like facebook twitter or youtube. They have lots of fans that buy whenever they say to buy.

charlescoin

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Quote from: tororoshka on December 04, 2017, 04:09:22 PM

Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

it seems to me that the account goes to thousands of bitcoins. The price of many altcoins can be manipulated by 100 bitcoins, and for some altcoins-1 bitcoin will increase the price several times. But whales, it seems to me, it's 1000 bitcoins and more!

I don't think there are many individuals that have over 1000 bitcoins, I would say someone who invests 10 bitcoins or more in an ICO is definitely a whale because it says a lot when someone can just throw that kind of money around.

tororoshka

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

it seems to me that the account goes to thousands of bitcoins. The price of many altcoins can be manipulated by 100 bitcoins, and for some altcoins-1 bitcoin will increase the price several times. But whales, it seems to me, it's 1000 bitcoins and more!

Dynika

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The whale can change the price of bitcoin or eth. Or to bring down the market. All the other people - the baby whales!

litaya

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For me whale is the person who alone can redeem 70-80% of the average ICO. cap 100-150K ETH.

quantumcomputing11

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Quote from: Anonymous Kid on November 26, 2017, 02:08:37 AM

Just curious. How much money do you need to be classified as a whale?? Grin

Right now something like 50 BTC I think because if you have half a million USD dollars that is a lot of money. That being said to some people in third world countries something like 10 BTC is probably a whale because that is super luxurious for them. Last but not least if you are living in a country with a super high standard of living that amount of a few hundred BTC to be considered elite. Whatever the case one thing we can agree on is that in the coming months, and years the amount of BTC you need to be a whale will be lessened. I am looking forward to a day where 1 BTC can be considered a whale because maybe I can make it then

Titanos

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It depends in the number of supply of the token you want to be whale in. Some projects have only 1M tokens, i think having 100k tokens makes you a whale.

krisnt80

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Whales are players wich has milions in hands, i would say bitcoin whales are those people wich hold something like 300-500 bitcoins, sure there are other kind of whales into others coins, but the level is quite different, i would say im a whale into a coin wich has a tiny market cap. There is a rumour that whales are together into some groups, wich does choose and influence the crypto market all weeks.

Topic: What makes you a whale? (Read 1014 times)