Topic: Who are these so-called "whales' in the Cryptocurrency world? - page 2. (Read 655 times)
In the ocean, whales are the biggest. They are huge. Similar to the crypto world, whales are referred to those people, community or group that own an extremely huge amount of coins. They are capable of manipulating the market because of their great amount of holdings. You know how changes in the market affect the whole.
When you have a lot of coins of any cryptocurrency and control most of the volume on the exchange, you can easily set buy and sell walls according to your wish and control the price. Bring the price down..and buy more of it, then brings the price up and sell it.
Whales are those who have 100s of BTC in their accounts and can run the market according to their wish and can pump and dump any coins alone they do not need any others support for that because they have that much coins which can move the market very good.
If you ever witnessed a pump in a bitcoin or altcoin very quick then those guys are behind it. They have purchasing powers that could easily move the price of cryptocurrencies up to 20%, 50% and 100%.
No one knows about them, who they are? I think they are an anonymous team, who have the huge money or they bought many bitcoins when bitcoin was nothing in this world. But when bitcoin price increased incredibly then they became a billionaire. They can manipulate coins price. I heard some whales are always active in binance. They just pump a coin for a short time, when many people start buying then they sell to them and then they again down the coin. They are not helpful for the crypto market.
They say they can manipulate the price of a certain cryptocurrency coin. So how do they do that and who/what are the most famous and richest whales in the cryptoccurency world?
Do you wanna know who are they?i will let you know they are the "whales" lolAs if they will let you know who are they,and about how they do it?they manipulating the market by buying bitcoin constantly until the price grow,upon happening other investor will buy bitcoin too,then if the whales saw that many are riding the pump,all of a sudden they will withdraw then they earn but the other investors loss
I hate whale because they can easily make a specific crypt value high. That's the big fish. If we try to determine the price of Bitcoin, then we will say the first whim. Those things with the big positions and the wealthy whales control. Then we could call them whales. They say 99% of the whales are Bitcoin
Today's whales are not so powerful compared to past, when bitcoin was very cheap and not important asset compared to today, those who have lots of bitcoin can play with the market at his will.
'Whales' usually refers to people who own much crypto (for instance, purchased bitcoins when they were much much cheaper) and now invest big sums in different projects that conduct ico.
This is a billionaire who buys a lot of btc at a low price then saves it, I think they are a greedy person
It can be banks, funds, billionaires, just people who saved thousands of their bitcoins bought several years ago.
This knowledge is absolutely useless, everyone knows that Karpeles stole thousands of coins from his stock exchange, but what has changed?
We know the names of people in Forbes, but we can not influence their decisions and actions.
Do not clog your head with this nonsense....
This knowledge is absolutely useless, everyone knows that Karpeles stole thousands of coins from his stock exchange, but what has changed?
We know the names of people in Forbes, but we can not influence their decisions and actions.
Do not clog your head with this nonsense....
I am sure bank and fundsters are not the whales. I mean what made you think that they can invest into the bitcoin too as they are highly regulated piece of junk who are trying to restrict the bitcoin market in all the possible ways. Let's just keep it limited to those guys who are individually or in the company form hodling most of the bitcoin in their wallets. Just to clarify Mt. gox is something called as whales.
As far as I can remember Jamie Dimon CEO of JPMorgan Chase has a lot of bitcoin investments. To refresh your memory, he rode on the Chinese fake news last year, making the price "crashed", however they secretly buying tons of bitcoin in dip.
Most of us says that we uncover one of the biggest whales so far who is JPMorgan Chase so I wouldn't be surprised if they will continue to do so and manipulate it even further during this bearish trend.
it can be said that the whale is a person who has a lot of money or a certain altcoin so that even he can control the market price, but the average current whale is a group of people either a company or a bank.
Having a big amount in exchange accounts are called whales. These are the one who can manipulate the market can increase and decrease the price of any coin and get the great profit. They earn the max profits from this manipulation.
You should do yourself a favor by not bothering who the so called whale investors are because the truth is that, they won't reveal themselves. They do remain hidden because their manipulations usually affect the price of the manipulated coins and the savings of the investors. Because of this manipulation, many have lost a lot. Though, some people still believe that they really don't exist...
For those people who people that those whales doesnt exist are the ones who lost a lot on this trading world with crypto. They do really exist yet there would be always someone who do have the advantage or capabilities compared to others.Whales wont really disclosed themselves either for security matters or not just really like to be known in public.Its just normal that if theres someone who earns money or profits then there would be always a losser. 
They say they can manipulate the price of a certain cryptocurrency coin. So how do they do that and who/what are the most famous and richest whales in the cryptoccurency world?
Different types of traders :
Killer Whale = 5000 BTC or more
Whale = 1001 – 4999 BTC
Shark = 501 – 1000 BTC
Dolphin = 101 – 500 BTC
Baby Dolphin = 51 – 100 BTC
Shrimp = 11 – 50 BTC
Sea Cucumber = 1 – 10 BTC
Plankton = less than 1 BTC
But you should edit each start to +1 where Shrimps becomes 11 - 50BTC, Baby Dolphin = 51 – 100 BTC, etc.
Edited , Thanks in advance!
They say they can manipulate the price of a certain cryptocurrency coin. So how do they do that and who/what are the most famous and richest whales in the cryptoccurency world?
These are the people, who have a huge amount of the cryptocurrency. They say whales have 99% of Bitcoins. Thus, they can easily control the market any time.
The whales in the crypto currency world are the people who have a huge amount of token ,
They are the ones who are considered as big investors or players .
They are the ones who are considered as big investors or players .
Whales are the big guys >>people and group who owns huge amount of bitcoin which can manipulate the market price. Mostly whales are the people who very early to this market has generated lot of wealth during the ICO boom as well. These whale include> Roger Ver, Eric Vooheres >>Mt GOX. They drive the market as they hold huge positions. They make money from the blood of the newbies who get effected by the volatility in the market. This volatility is obviously caused by them.
That's crazy that Mt. Gox is a whale - that they ended up handling so much BTC that even now closed they're still considered a whale.
Whales are the big guys >>people and group who owns huge amount of bitcoin which can manipulate the market price. Mostly whales are the people who very early to this market has generated lot of wealth during the ICO boom as well. These whale include> Roger Ver, Eric Vooheres >>Mt GOX. They drive the market as they hold huge positions. They make money from the blood of the newbies who get effected by the volatility in the market. This volatility is obviously caused by them.
It can be banks, funds, billionaires, just people who saved thousands of their bitcoins bought several years ago.
This knowledge is absolutely useless, everyone knows that Karpeles stole thousands of coins from his stock exchange, but what has changed?
We know the names of people in Forbes, but we can not influence their decisions and actions.
Do not clog your head with this nonsense....
I dont even know on whats the point for you to strive on knowing who are the whales of this market. We do know generally that whales can be considered to be an individual,corporation,banksters and others which do have the money that can really give affect on the price of the market.Even if we do know their personality or identity there would be no changes just like on the thing been said above which i completely agree.This is really nonsense. This knowledge is absolutely useless, everyone knows that Karpeles stole thousands of coins from his stock exchange, but what has changed?
We know the names of people in Forbes, but we can not influence their decisions and actions.
Do not clog your head with this nonsense....
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