Topic: Why the big whales are not cashing out? (Read 7529 times)
Well its a simple answer .with bitcoins in rise thr big ehales are buying a lot of bitcoins and they want to earn a lot in the future and as the supply of bitcoins is limited thats why.
Maybe the whales are not cashing out because they already have cash, better cash. 
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. I really liked that phrase of yours, so I even started to doubt if I should keep my bitcoins close to myself and not trade them for fiat buying back in the dips. But then again, if we already have the best, why not try to obtain more of it? Or is it along the lines that too much of a good thing is good for nothing, and Bitcoin is one such thing all in all?
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. I really liked that phrase of yours, so I even started to doubt if I should keep my bitcoins close to myself and not trade them for fiat buying back in the dips. But then again, if we already have the best, why not try to obtain more of it? Or is it along the lines that too much of a good thing is good for nothing, and Bitcoin is one such thing all in all?
Why the big whales are not cashing out? Simple, They want more and more expensive price for bitcoin. Just think if you own more than a thousand of bitcoin and the price is nearly 1000$ but you believe and you are very confident that bitcoin price will be higher and higher after a few years so it will be enough for a smart whale to continue hodling and just be patient because someday our patience will pay off.
They are all watching the trade screen 24/7 one whale dump will trigger a domino effect and whales will start selling. but at this rate, everyone is waiting for $1,200 next year. probably will bubble at that rate.
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. Now you're being disingenuous.
I was replying to your answer to the quote:
"I do believe those whales of bitcoin are investing into some altcoins at the moment, since the most great altcoins are getting a lower value as the price of bitcoin keeps growing, one of them it eth, it had lost 200-400k value on the last days, soo im pretty sure a pump at some good altcoins will happen soon, as the bitcoin value should drop once again, and if not people will pump the altcoins as always they do."
(which you snipped from your last reply).
You were saying that Im only referencing traders with a few bitcoin, not whales.
Then you snipped my reply to exclude the edit (done immediately after posting)
edit: also as mentioned above, some big holders move into altcoins, at least in part. Monero or Eth for example. Not because they don't want fiat or are waiting for bitcoin, but because alt run ups provide massive profits. Again, look at the ICO price of ETH and its high.
ETH and Monero are examples of large bitcoin holders diversifying into Alts. Risto is a bitcoin whale and he was heavily involved in Monero iirc. edit: some believe anonymity / privacy are important features, enough to invest in anyway
You may not see any plausible reason to get into alts over bitcoin. Im also a holder and don't trade much. But to say that bitcoin whales don't go into alts is flat out wrong. The 'HODL' bitcoin meme is great and has proven very successful over time but doesn't mean everybody ascribes to it.
I was replying to your answer to the quote:
"I do believe those whales of bitcoin are investing into some altcoins at the moment, since the most great altcoins are getting a lower value as the price of bitcoin keeps growing, one of them it eth, it had lost 200-400k value on the last days, soo im pretty sure a pump at some good altcoins will happen soon, as the bitcoin value should drop once again, and if not people will pump the altcoins as always they do."
(which you snipped from your last reply).
You were saying that Im only referencing traders with a few bitcoin, not whales.
Then you snipped my reply to exclude the edit (done immediately after posting)
edit: also as mentioned above, some big holders move into altcoins, at least in part. Monero or Eth for example. Not because they don't want fiat or are waiting for bitcoin, but because alt run ups provide massive profits. Again, look at the ICO price of ETH and its high.
ETH and Monero are examples of large bitcoin holders diversifying into Alts. Risto is a bitcoin whale and he was heavily involved in Monero iirc. edit: some believe anonymity / privacy are important features, enough to invest in anyway
You may not see any plausible reason to get into alts over bitcoin. Im also a holder and don't trade much. But to say that bitcoin whales don't go into alts is flat out wrong. The 'HODL' bitcoin meme is great and has proven very successful over time but doesn't mean everybody ascribes to it.
I'm just trying to keep the thread clean and tidy, there is no evil intent as you might think. Just like you believe that Bitcoin whales are investing their bitcoins into altcoins, I'm not believing in that very much. It is just a matter of opinion really. But I tried to support my opinion with some logic. Some of big whales might actually be behind altcoins, but then again, if they just hold their bitcoins, they might not want to get involved with altcoins at all.
If you ask me, this is unlikely. Really, if they don't cash out when Bitcoin price is over 900 dollars per coin and don't want fiat, why would they want some junk altcoins? It seems to be a common opinion that cryptowhales hold their bitcoins waiting to become super rich in the future, and they have already written fiat money off in their mind, so would they even think about alts in that case?
the whale traders (not holders) will ride btc up and at some stage put aportion into alts. if alts go on a tear the returns go 10 - 100x - see litecoins $2 - $50 or ETH before the DAO.
You talk about whales, though you actually mean some small traders with a few bitcoins at most. Whales hold thousands of bitcoins, and investing in altcoins big time involves an insane amount of risk for them and their finances, while investing small is simply not worth their time. If they can steadily and safely make a percentage or two with Bitcoin, as you seem to assume, it doesn't look very plausible they will be interested in anything else.
No I don't mean small traders that hold a few bitcoin; try reading what I wrote before you spout off. I mean whale traders with large positions (lets say hundreds - thousands) who cycle into and out of trends. They don't sell everything but send a portion into alts to increase their holdings in an alt run up. Then they cycle back to bitcoin or take profits in cash.
I carefully read what you wrote. The question was about whales investing in altcoins, and I speak about that point exclusively. I hope you will do the same. I'm not questioning that whales might be deeply involved in Bitcoin trading, but I don't see any plausible reason why they would ever want to trade altcoins unless they create an altcoin themselves. Alts are too risky given the number of bitcoins they hold, while investing dust, according to their scale of values, would be a waste of time for them.
Now you're being disingenuous.
I was replying to your answer to the quote:
"I do believe those whales of bitcoin are investing into some altcoins at the moment, since the most great altcoins are getting a lower value as the price of bitcoin keeps growing, one of them it eth, it had lost 200-400k value on the last days, soo im pretty sure a pump at some good altcoins will happen soon, as the bitcoin value should drop once again, and if not people will pump the altcoins as always they do."
(which you snipped from your last reply).
You were saying that Im only referencing traders with a few bitcoin, not whales.
Then you snipped my reply to exclude the edit (done immediately after posting)
edit: also as mentioned above, some big holders move into altcoins, at least in part. Monero or Eth for example. Not because they don't want fiat or are waiting for bitcoin, but because alt run ups provide massive profits. Again, look at the ICO price of ETH and its high.
ETH and Monero are examples of large bitcoin holders diversifying into Alts. Risto is a bitcoin whale and he was heavily involved in Monero iirc. edit: some believe anonymity / privacy are important features, enough to invest in anyway
You may not see any plausible reason to get into alts over bitcoin. Im also a holder and don't trade much. But to say that bitcoin whales don't go into alts is flat out wrong. The 'HODL' bitcoin meme is great and has proven very successful over time but doesn't mean everybody ascribes to it.
Why the big whales are not cashing out? Simple, They want more and more expensive price for bitcoin. Just think if you own more than a thousand of bitcoin and the price is nearly 1000$ but you believe and you are very confident that bitcoin price will be higher and higher after a few years so it will be enough for a smart whale to continue hodling and just be patient because someday our patience will pay off.
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. Maybe there is still time to buy BTCs now, but it's risk. The price increased a lot in small time intervail, I believe the price can drop anytime and a lot. Some people like to risk, they could still buy Bitcoins now, but I personally don't think it's a good idea, for me now it's time to wait and watch what happens, the price will probably decrease soon, so the most recommended advice I can give is to don't buy BTCs now, only if you want to take the risk.
If you ask me, this is unlikely. Really, if they don't cash out when Bitcoin price is over 900 dollars per coin and don't want fiat, why would they want some junk altcoins? It seems to be a common opinion that cryptowhales hold their bitcoins waiting to become super rich in the future, and they have already written fiat money off in their mind, so would they even think about alts in that case?
the whale traders (not holders) will ride btc up and at some stage put aportion into alts. if alts go on a tear the returns go 10 - 100x - see litecoins $2 - $50 or ETH before the DAO.
You talk about whales, though you actually mean some small traders with a few bitcoins at most. Whales hold thousands of bitcoins, and investing in altcoins big time involves an insane amount of risk for them and their finances, while investing small is simply not worth their time. If they can steadily and safely make a percentage or two with Bitcoin, as you seem to assume, it doesn't look very plausible they will be interested in anything else.
No I don't mean small traders that hold a few bitcoin; try reading what I wrote before you spout off. I mean whale traders with large positions (lets say hundreds - thousands) who cycle into and out of trends. They don't sell everything but send a portion into alts to increase their holdings in an alt run up. Then they cycle back to bitcoin or take profits in cash.
I carefully read what you wrote. The question was about whales investing in altcoins, and I speak about that point exclusively. I hope you will do the same. I'm not questioning that whales might be deeply involved in Bitcoin trading, but I don't see any plausible reason why they would ever want to trade altcoins unless they create an altcoin themselves. Alts are too risky given the number of bitcoins they hold, while investing dust, according to their scale of values, would be a waste of time for them.
Whales and traders are waiting for bitcoin to cross 1000$ price before making a big move. Dumping huge bitcoin will be thier next move and every holders will get panic.
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. Whales are big time traders. I reckon the risk of selling now and buying back later is not worth it.
With the world economy crashing on some fields; oil, steel, stocks, currencies (EUR) they know now is not the time to sell. With this speed, we don't have to wait till 2020 to double, because it may come earlier (a doubling of the price).
Remember in 2015 bitcoin outperformed every single currency (even the swiss currency and gold). The same applies for 2016. So why abandon a winning 'team'
If some entity started to try to buy up every bitcoin, this would send the price sky high, the more they tried to buy the more expensive they would get, i dont know the math but i would guess that it would soon become impossible.
I do believe those whales of bitcoin are investing into some altcoins at the moment, since the most great altcoins are getting a lower value as the price of bitcoin keeps growing, one of them it eth, it had lost 200-400k value on the last days, soo im pretty sure a pump at some good altcoins will happen soon, as the bitcoin value should drop once again, and if not people will pump the altcoins as always they do.
The money are spread in many different cryptocurrencies and this sometimes is good for bitcoin and much better for exchanges which is a very profitable "industry".
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. Maybe there is still time to buy BTCs now, but it's risk. The price increased a lot in small time intervail, I believe the price can drop anytime and a lot. Some people like to risk, they could still buy Bitcoins now, but I personally don't think it's a good idea, for me now it's time to wait and watch what happens, the price will probably decrease soon, so the most recommended advice I can give is to don't buy BTCs now, only if you want to take the risk.
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. Yeah, that's why they are called whales for they are big people who are already rich enough so they don't have to do it. Since they have sufficient cash for using it with their daily lives and it is a dual purpose to them. While they still have enough cash, they use to hold it and waits for more further price increase that will satisfy them and when the price is seemingly decreasing that's a sign that they are already selling.
I do believe those whales of bitcoin are investing into some altcoins at the moment, since the most great altcoins are getting a lower value as the price of bitcoin keeps growing, one of them it eth, it had lost 200-400k value on the last days, soo im pretty sure a pump at some good altcoins will happen soon, as the bitcoin value should drop once again, and if not people will pump the altcoins as always they do.
If you ask me, this is unlikely. Really, if they don't cash out when Bitcoin price is over 900 dollars per coin and don't want fiat, why would they want some junk altcoins? It seems to be a common opinion that cryptowhales hold their bitcoins waiting to become super rich in the future, and they have already written fiat money off in their mind, so would they even think about alts in that case?
the whale traders (not holders) will ride btc up and at some stage put aportion into alts. if alts go on a tear the returns go 10 - 100x - see litecoins $2 - $50 or ETH before the DAO.
You talk about whales, though you actually mean some small traders with a few bitcoins at most. Whales hold thousands of bitcoins, and investing in altcoins big time involves an insane amount of risk for them and their finances, while investing small is simply not worth their time. If they can steadily and safely make a percentage or two with Bitcoin, as you seem to assume, it doesn't look very plausible they will be interested in anything else.
No I don't mean small traders that hold a few bitcoin; try reading what I wrote before you spout off. I mean whale traders with large positions (lets say hundreds - thousands) who cycle into and out of trends. They don't sell everything but send a portion into alts to increase their holdings in an alt run up. Then they cycle back to bitcoin or take profits in cash.
edit: also as mentioned above, some big holders move into altcoins, at least in part. Monero or Eth for example. Not because they don't want fiat or are waiting for bitcoin, but because alt run ups provide massive profits. Again, look at the ICO price of ETH and its high.
Maybe the whales are not cashing out because they already have cash, better cash.
to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. I do believe those whales of bitcoin are investing into some altcoins at the moment, since the most great altcoins are getting a lower value as the price of bitcoin keeps growing, one of them it eth, it had lost 200-400k value on the last days, soo im pretty sure a pump at some good altcoins will happen soon, as the bitcoin value should drop once again, and if not people will pump the altcoins as always they do.
If you ask me, this is unlikely. Really, if they don't cash out when Bitcoin price is over 900 dollars per coin and don't want fiat, why would they want some junk altcoins? It seems to be a common opinion that cryptowhales hold their bitcoins waiting to become super rich in the future, and they have already written fiat money off in their mind, so would they even think about alts in that case?
Maybe the whales are not cashing out because they already have cash, better cash.
Jump to: