Topic: Who is a Bitcoin whale? (Read 8304 times)
The term "whale" is used frequently to describe the big bucks of Bitcoin players who show their hands on the Bitcoin market. The sea is suitable as a metaphor for the market, since it can extend to include a large fish and small fish; Only sharks; Rally as lean food; Wave to market; And so forth.
they're the one who is early investors in bitcoin the one who has a thousand of bitcoin and now a millionaire after a couple years. If I'm just not broke at that time I'm sure that I can make a millions too right now.
Mega early adopters or already fiat millonaires with 100000+ BTC can move markets at will, specially under cooperation. They can rig the market if they all act in sync, thats why we need price crashes, to scare all those lucky individuals holding too much money and spread out the wealth across individuals.
I think a miniwhale is anyone with more than 1000 BTC. Alone can't do much, but a group of them can set trends.
I think a miniwhale is anyone with more than 1000 BTC. Alone can't do much, but a group of them can set trends.
I know a few people with over a 1000 coins, I've seen them start a 5-10% downtrend on Bitfinex with 4x margin back when that was available.
I think 1000 BTC is a whale now he can buy a private island property. bitcoin keeps on pumping and it's unstoppable we can't stop bitcoin because major adoption is happening around the globe. banks right now are emerging in blockchains
I, personally am not a whale, I only hold l hold 21 bitcoin. I know some people personally who have over 1000 bitcoin. They basically gambled their life savings on bitcoin. I'm not that ballsy.
If you hold 21 bitcoin, you are already in the 1 million club. No more than 1 million people in the world can have more bitcoin than you.
I, personally am not a whale, I only hold l hold 21 bitcoin. I know some people personally who have over 1000 bitcoin. They basically gambled their life savings on bitcoin. I'm not that ballsy.
I would say around 1000btc is a whale
But don't think that would be enough to move the market
I think you'll need at least around the 100k to be able to do that
But don't think that would be enough to move the market
I think you'll need at least around the 100k to be able to do that
Is there a certain clarification what a typical Bitcoin whale is?
But you're right that a whale, as many here would define it, is somebody who has more than enough coins to move a medium sized exchange in one or the other direction.
1000 BTC is quite clear. TBH i think you have to have way more. Closer to 10k. That is just enough to shake a market on a bitcoin exchanged (an average one).
I am not one of those whales...yet ;P
I would say around 1000btc is a whale
But don't think that would be enough to move the market
I think you'll need at least around the 100k to be able to do that
But don't think that would be enough to move the market
I think you'll need at least around the 100k to be able to do that
Is there a certain clarification what a typical Bitcoin whale is?
But you're right that a whale, as many here would define it, is somebody who has more than enough coins to move a medium sized exchange in one or the other direction.
I would say more than 1000 BTC, much more. 1000 is nothing since a daily volume on just 1 exchange like bitfinex is over 50k. To really manipulate the market you'd need at least 5-10k.
I would say around 1000btc is a whale
But don't think that would be enough to move the market
I think you'll need at least around the 100k to be able to do that
But don't think that would be enough to move the market
I think you'll need at least around the 100k to be able to do that
I consider somewhere a whale if he can move the market for at least 1-3% at any time.
Someone with BTC1k can be considered as a whale.
Someone with BTC1k can be considered as a whale.
Just wanted to get thoughts and do sort of a survey..
In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?
Responses appreciated
Follow me on twitter: @cryptotipz
In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?
Responses appreciated
Follow me on twitter: @cryptotipz
my opinion Satoshi nakamoto
founder and trader
I'm currently holding 160 BTC for the future. Would you call me a whale? I'm aiming to have 0.1% of all bitcoin in existence 
Then I will be truly happy with my life.
Then I will be truly happy with my life.Have no need to have other aims such above written by you. You have reached already the happiness. Having 160 btc (the first one that I meet with such amount of bitcoins) mean to be sure for your future. But if I would be in your place for sure will invest some of those. Cannot resist to such temptation. Are enough (even much) but if can be more why don't try? I am doing some investments but my amount of bitcoin is ridiculous compared to yours. Even cannot be taken in consideration. But I am trying with such amount. If thing goes ok, hope to have more than you. Much more.
With 100BTC there is not much you can do to influence the market. I think sharks starts at 1000BTC.
That amount of money gives you some nice oppertunities in 1 medium sized exchange.
That amount of money gives you some nice oppertunities in 1 medium sized exchange.
1000 is good for a medium/small exchange. But it will not affect the bitcoin market as a whole. In order to do that, you need 100,000 bitcoins.
With 100BTC there is not much you can do to influence the market. I think sharks starts at 1000BTC.
That amount of money gives you some nice oppertunities in 1 medium sized exchange.
That amount of money gives you some nice oppertunities in 1 medium sized exchange.
1000 is good for a medium/small exchange. But it will not affect the bitcoin market as a whole. In order to do that, you need 100,000 bitcoins.
One of the biggest whale-sources is China. Big mining companies like Antminer/Hashnest hold tons of bitcoin and a huge portion of the mining share.
However I don't think they would dump the bitcoin because when the price drops, their mining fees (electricity bills) would be harder to cover.
However I don't think they would dump the bitcoin because when the price drops, their mining fees (electricity bills) would be harder to cover.
I believe around 1000btc
I doubt any other bloke on the block has that
I doubt any other bloke on the block has that
1000 BTC sounds more like it. But close to 5K BTC makes a real whale I think. With so many Bitcoin you can influence the market on a average exchange.
That's around 1.5 million dollars worth of BTC, i don't think 1 person owns 5k BTC
But a company yes, sounds more like it
early adopter are known to hold much more than that, not even talking about satoshi, every early adopter is in the range of 10k-100k
even if they dumped i'm sure they are not so crazy to dump every single coins and remaining at zero, many have still more than 5k coins
In today's world, you need 100,000 bitcoin to be a whale. In 20 year's time, you only need 10 bitcoin to be a whale.
Nope, as the market grows and adoption increases, the depth of the market also will increase.
You will need more bitcoins to be a whale in the future.
I believe around 1000btc
I doubt any other bloke on the block has that
I doubt any other bloke on the block has that
1000 BTC sounds more like it. But close to 5K BTC makes a real whale I think. With so many Bitcoin you can influence the market on a average exchange.
That's around 1.5 million dollars worth of BTC, i don't think 1 person owns 5k BTC
But a company yes, sounds more like it
I believe around 1000btc
I doubt any other bloke on the block has that
I doubt any other bloke on the block has that
1000 BTC sounds more like it. But close to 5K BTC makes a real whale I think. With so many Bitcoin you can influence the market on a average exchange.
Rich get richer.
Loaded. 
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