Who is a Bitcoin whale? - page 2. | Bitcointalksearch.org

HarryKPeters

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Quote from: MaxTax on November 19, 2015, 11:15:30 AM

I believe around 1000btc

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.

sulfurtank

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Quote from: gentlemand on June 17, 2015, 04:12:34 PM

Quote from: pereira4 on June 17, 2015, 02:44:04 PM

I think Andreas said that he "doesn't how that many Bitcoins" but has never revealed his wallet.

He said he came along in 2011 so the super early gains are unlikely. I think I've heard him mention having 100 something coins but I might have imagined it.

Quote from: Amph on June 17, 2015, 03:13:05 PM

i read about BCX that admitted that he had 5k bitcoin, i don't know if that true but it should be considered

also there was one early adopter here with over 200k bitcoin, i remember his story about police bursting into his home, i can't find the original topic, it was from 2011

That might've been Knightmb. There was some weirdness about Bob Dole's tax records or something related to that raid. At one point he said he had 371,000 coins but has given them away. Er, ok.

Well, it's a balance sheet business and now's a tough time to raise more. That will seriously constrain his business, just like it constrained Bitfinex and Coinbase back when they were remarketing Bitstamp's or MtGox's order book (not to mention the credit risk). The closest candidate for a whale is knightmb, who has admitted to owning 300K. Unless the numbers are ginormous, only a few people on this forum can beat a good old market order by 1%.

MaxTax

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I believe around 1000btc

I doubt any other bloke on the block has that

richardsNY

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Quote from: newcoins1978 on November 18, 2015, 07:56:44 PM

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.

It depends on the exchange. On large exchanges as Bitfinex, Huobi, Bitstamp, OKCoin 100BTC dumps won't do anything. Currently at Gemini exchange it can make the price go down $10-$20 or even more if their order book is very thin.

mouneshwar123

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Large scale, green crypto mining ICO

BTCjam and Loanbase are a mini whales. They are making a huge business with less risk ratio. Just for the service provided by their website 1 - 3 % loan fee is too much income.

magemist

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With that much in bitcoin why not just cashout and get it in real fiat then be a millionaire instead of a whale?

newcoins1978

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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.

LuckyYOU

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I agree that some parties investors and miners own the most bitcoins. They should have it since they invested lot's of cash for their equipment.

HarryKPeters

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LOL according to the chart i am a shark. Shark or not it doesn't matter for our influence on the price.

Only the whales can pump it ;(

Lokfar

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It can be one person or a big company who owns a lot of bitcoins

I think that 1 company holds more bitcoin than 1 single person

They are able to make bigger investments rather than just 1 person

TTMNewsMJ

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For me, it is someone who has a lot of bitcoin.
And also a bitcoin collector.

Decoded

legendary

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give me your cryptos

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 Cheesy

Then I will be truly happy with my life.

Denker

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Definitely not me. Sad

Being a whale you need to have at least 50k bitcoins.Maybe more.
But with the years coming and going you will need less coins to be one.
Who knows in 2-3 decades 100 coins could be enough to be really wealthy.

WorldCoiner

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I would say if somebody owns more than 1‘000 Bitcoin or equivalent 100‘000 Litecoin or 10 Million Nxt, this could be called a whale for sure in my eyes.

n2004al

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Quote from: Bitcoin Market on October 28, 2015, 07:52:15 AM

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.

Good point of view. Not static classification but dynamic one. I would be more specific. And will change a little your classification. To be, in this way, more precise (according to me):

Today needed more than 100 000 bitcoin to be whale.
After 5 years needed 50 000 bitcoin to be whale
After 10 years needed 5 000 bitcoin to be whale
After 15 years needed 1 000 bitcoin to be whale
After 20 years needed 500 bitcoin to be whale
After 25 years needed 100 bitcoin ti be whale
After 30 years needed 10 bitcoin to be whale
After 50 years needed 1 bitcoin to be whale

Unfortunately I will be never whale. maybe my daughters with my bitcoins will both whales.

Bitcoin Market

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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.

Wexlike

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In my opinion to brand someone as a whale, you should be afraid of him starting to sell his coins.

In the current wide spread market distribution a whale would need approximately 30000 bitcoins to move a price significantly down across all exchanges without leverage.

TTMNewsMJ

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Quote from: BigBoy89 on June 18, 2015, 08:38:11 AM

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.

Nice! They have a lot of bitcoins.
I think they are totally rich.

Sourgummies

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Quote from: Febo on October 27, 2015, 08:45:21 PM

I would say they are about same size, but dolphins are smarter.

Actually the Killer whale is is 4-5 times bigger then Tunas and is biggest dolphin in existence.

I actually always thought that tunas were much larger than dolphins. I knew already that dolphins are one of the more intelligent mammals on the Earth. What really bums you out is that they manually breathe, all the time - so they can commit suicide at any point.

I looked up averages and it seems that Atlantic bluefin tunas had a max length of 4.6m and bottlenose dolphins in the Pacific go up to under 4m

Orcas are amazing, though.

christycalhoun

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Quote from: pereira4 on October 22, 2015, 02:11:22 PM

It will change a lot thought time since yo uhave to consider the current price. In the future, anyone holding something like 21 BTC may have a decent impact on the market, as of right now while we are still on the early stages, here is how I see it at the current prize:

100 BTC: shark
1000 BTC: small whale
10000 BTC: medium whale
100000 BTC: big whale
1000000 BTC: satoshi

I used to be a shark until the goxxing happened. =(

Topic: Who is a Bitcoin whale? - page 2. (Read 8249 times)