Topic: What makes you a whale? - page 3. (Read 1006 times)
Whale should have enough bitcoin and altcoin to change the trend and price by himself. For bitcoin it is very hard they must have maybe more than 100 million dollars of bitcoins, but it is easier to be an altcoin whale. if they can start collecting from deep price and collects enough (~5% of total circulating supply) of it and also have some bitcoin to pump the price.
I think to be a whale in the world of cryptocurrency, it is not enough to have 500-1000 bitcoins. The price may fall, hackers can find a bug and steal. You need to have different currencies in different purses. That is, to be a whale, you need to diversify risks and investments.
I would think anything over 100 BITCOIN worth of coinage would make you a mini whale and a big whale would be someone with over 1k worth of BITCOIN and altcoins. I am a single cell amoeba at this point, need some miracle to become anything remotely looking like a whale lol. 
It interesting that you say that. Whenever I see Legendary accounts on this forum, I assume that they must hold huge chunks of bitcoin but I guess that opinion is actually greatly skewed and I often forget that Bitcoin was only really cheap for the first couple years that it was out.
Really big money is needed, because the domain needs to be broad
What happens if you take a little stone to the sea and throw a big stone to the sea
Think like this
What happens if you take a little stone to the sea and throw a big stone to the sea
Think like this
Just curious. How much money do you need to be classified as a whale?? 
In my definition of someone can be determined as a whale if he or she was having a lot of money. I meant for some millions of dollars. you can try to see about a person that already had over 200 million dollar worth of ethereum right now. This is the real whale https://etherscan.io/address/0xdc870798b30f74a17c4a6dfc6fa33f5ff5cf5770
I think it depends to the market cap of the coin.
For example if you hold 10% of a smaller coin does not necessary makes you a hale for a bigger one.
For example if you hold 10% of a smaller coin does not necessary makes you a hale for a bigger one.
Have at least 1kBTC and ill call you whale, but i dont know for sure cause they never show up and tell us how much money they have
Just curious. How much money do you need to be classified as a whale??
I think it depends on how you define what Bitcoin whale is and the market cap of the coin you hold, If you are referring to Bitcoin, Honestly no one can exactly say how much amount of Bitcoin you need to have to be considered as a whale but it will surely cost you millions of dollars worth of that cryptocurrency today if you are not one of those early adopters that still hold their Bitcoins. Whales hold large percentage of total circulating supply of a specific cryptocurrency, and you'll know you're a whale if you can do manipulatation like pump and dump the market price of the specific cryptocurrency that you hold.
"Whales" in the crypto market are people who have huge capital to turn the crypto market into their own. There is a way you can always win in this Crypto game and follow what the whales want. You will win when you follow whales, you will fail if you go against whales.
Just curious. How much money do you need to be classified as a whale??
Can be said whales, maybe if i like JP Morgan or John McAfee 
If the problem how much, I think all humans always lack and never feel enough. I do not want to say whales, but if all the household needs, the cost of education and the future of children, as well as old age savings, if this has been fulfilled I think this is enough.
Just curious. How much money do you need to be classified as a whale??
by looking at the first investor in bitcoin, this is investors a individual whales from now , while some grub is considered whales developing in bussines cryptocurrency. if you want to be a new whale figure, take 100 billion $ to buy all cryptocurrency, and become a whale.
5000 Bitcoin or 30,000 Ethereum I guess or 1% or more of any other coin.
If you hold 1% or more of a coin.
Enough to greatly influence the entire market with but a fraction of your assets. That would be my definition.
Basically if you are rich. Whales are the big people who manipulate the market in some possible way. If they have a large capital then could destroy a market. Whales are resposible for pumping and dumping. They trap small fishes (us) to make them alot of profit.
whale are big stake holders in the crypto space, Also a whale can be someone who owns higher percentage of a coin,either Bitcoin or other Altcoin,when you dump and gues in this space becoming a whale migth take a while, you must have faith in the coin you investing into to grow.
You can say you are whale if you have a lot of BTC if you can manipulate specific alts market,throwing BTC for baiting newbies to buy the alt then you will dump when you got your targeted profit.
I only have 10BTC right now for trading,definition of whale is if the person has 500 or more BTC holding.
Uhm there is not an exact quantity actually but i can estimate like this:
For example volume of bitcoin was around 5 billion USD yesterday. If you have 10% of this in your pocket you considered to be a whale which means 500 million usd. It is around 50-60k of bitcoins.
For example volume of bitcoin was around 5 billion USD yesterday. If you have 10% of this in your pocket you considered to be a whale which means 500 million usd. It is around 50-60k of bitcoins.
whale in what coin?
bitcoin? it is impossible to say! maybe 500BTC at least but the market is growing every day and the order books are no longer small enough to be easily manipulated with a small amount of money.
altcoins? there are altcoins that are small and you can be a whale in them with probably a small amount such as 0.1BTC. you can pump them with that much or dump and kill them if you sell that much worth of that coin!
but there are other coins that are bigger and you will need much more amount of money to be able to put a dent in them.
besides, a whale is not just someone who has a lot of money. you also have to know the market direction in order to be able to manipulate it. going against the market will make you a small fish in no time, no matter how much money you have.
bitcoin? it is impossible to say! maybe 500BTC at least but the market is growing every day and the order books are no longer small enough to be easily manipulated with a small amount of money.
altcoins? there are altcoins that are small and you can be a whale in them with probably a small amount such as 0.1BTC. you can pump them with that much or dump and kill them if you sell that much worth of that coin!
but there are other coins that are bigger and you will need much more amount of money to be able to put a dent in them.
besides, a whale is not just someone who has a lot of money. you also have to know the market direction in order to be able to manipulate it. going against the market will make you a small fish in no time, no matter how much money you have.
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