Topic: Why the big whales are not cashing out? - page 4. (Read 7557 times)
This week just show why no one neither big whales does wanna to cashout now, since all does believe price will get higger and better over time, soo if they can make 5-10x their investments back im pretty sure they will hold till they give up and dump their coins.
There is still a big upside to the price of Bitcoin. Most whales will hold until the price gets into the thousands before they cash out.
Exactly! Whales have already enough money because they were rich long before Bitcoin, or they have a steady job, a place to live and treat crypto as an alternative. Many people cash out big or let it burn. A friend, who is a much bigger holder than me, told me he's not selling, because the opportunity is too big to simply take those $700 or 800 a coin and forget about it when you can take $2000 a coin in a couple years.
There is still a big upside to the price of Bitcoin. Most whales will hold until the price gets into the thousands before they cash out.
May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking
There are various reasons for discussing the topic, but to my knowledge and analysis there is a lot more potential in the bitcoin. Currently people are getting benefits and the big whales have a much better approach to the understanding of market. They know about the bitcoin high scope of business yet is not over.As this user has pointed out, whales do see value in investing in Bitcoin for the far future. Regardless of what the government does to control bitcoin, it is still a speculative commodity that is used for trade. The government trying to put controls on it (which it already has done with people having to report Bitcoin assets on their tax returns) may slow some growth in the short run but not change anything in the long run. Unless Bitcoin is "banned" which seems rather far fetched, there are only stoppages in the short run not the long run.
May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking
There are various reasons for discussing the topic, but to my knowledge and analysis there is a lot more potential in the bitcoin. Currently people are getting benefits and the big whales have a much better approach to the understanding of market. They know about the bitcoin high scope of business yet is not over. Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.
But that doesn't mean that they can't cash out, right? Since we don't see price falling to single digits as you assume it means either that they are not massively cashing out or that they in fact do but it doesn't affect the price so much. If you ask me, some of them might decide to cash out at the end of the day, and some of them should have done exactly that already, for example, because of contingency or similar unforeseen events. It could also be that there are no big whales as such, apart from 1M bitcoins held by Satoshi himself, or they have simply lost their keys.
One of the greatest things about bitcoin is that you can't know it for a fact if there are the so-called whales or not. Surely there are those who are heavily invested in bitcoin. Needless to say they are also aware of bitcoin's liquidity levels that are still pretty low, so a massive sell-off will most likely push the price downward and this is, obviously, not something they are interested in, at least for now.
I've seen a detailed list of top Bitcoin holders somewhere in the forum with an approximate amount of bitcoins each of them holds. Of course, some of them might have lost the keys from their wallets. But that alone doesn't take anything from the fact that big cryptowhales do exist, and they hold a very large percentage of bitcoins mined till now. I will post it here if I find this list.
If all or most of the whales will cash out or sell all their coins then it will be affect the market and the price and it can cause for bitcoin to touch $200 again or even lower because those whales have the large amount of bitcoins and if they do panic selling or massive selling on the market then it will make bitcoin's price cheap again.
Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.
But that doesn't mean that they can't cash out, right? Since we don't see price falling to single digits as you assume it means either that they are not massively cashing out or that they in fact do but it doesn't affect the price so much. If you ask me, some of them might decide to cash out at the end of the day, and some of them should have done exactly that already, for example, because of contingency or similar unforeseen events. It could also be that there are no big whales as such, apart from 1M bitcoins held by Satoshi himself, or they have simply lost their keys.
One of the greatest things about bitcoin is that you can't know it for a fact if there are the so-called whales or not. Surely there are those who are heavily invested in bitcoin. Needless to say they are also aware of bitcoin's liquidity levels that are still pretty low, so a massive sell-off will most likely push the price downward and this is, obviously, not something they are interested in, at least for now.
Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
Yes, those people who are holding a large amount of bitcoin don't want to cash it out because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear.-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
You're just being too paranoid, no government can technically accomplish this due to the decentralized nature of bitcoin. Obviously, they have already given up on this idea completely.
Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
Yes, those people who are holding a large amount of bitcoin don't want to cash it out because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear.-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
The whales see it as an opportunity for them to make even more so why would they cash out so soon.
They are riding the waves as is most if not everyone else who is holding right now.
I don't think anybody is selling at this point in time.
They are riding the waves as is most if not everyone else who is holding right now.
I don't think anybody is selling at this point in time.
Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
Yes, those people who are holding a large amount of bitcoin don't want to cash it out because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear. -they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.
But that doesn't mean that they can't cash out, right? Since we don't see price falling to single digits as you assume it means either that they are not massively cashing out or that they in fact do but it doesn't affect the price so much. If you ask me, some of them might decide to cash out at the end of the day, and some of them should have done exactly that already, for example, because of contingency or similar unforeseen events. It could also be that there are no big whales as such, apart from 1M bitcoins held by Satoshi himself, or they have simply lost their keys.
Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.
May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking
yes and this is what the people do with their bitcoin in their wallet, they wait for increasing of the price so they can make sweet profit and its really worth to hold it for some of the time. or they make trading in altcoins to give support for the altcoin and make increasing to with altcoin price.
I feel like I don't quite understand your point. If you are holding bitcoins, it doesn't matter where you invest them because you would still bear the risk of cryptowhales cashing out and Bitcoin price collapsing due to that. It seems that there are enough big whales that could do that, therefore your investments will never be safe in this regard.
May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking
yes and this is what the people do with their bitcoin in their wallet, they wait for increasing of the price so they can make sweet profit and its really worth to hold it for some of the time. or they make trading in altcoins to give support for the altcoin and make increasing to with altcoin price.
Some of them may have lost their private keys - good for the rest of us 
That is wishful thinking.
They might be bullish in the medium to long-term. Unlike the rest of us, big whales don't have any immediate requirement of funds and can afford to hold for the long-term.
Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.
yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future
Well, I didn't think about it in this way really, but I agree with you that if you have 100K bitcoins and don't have as much wealth in dollars, it would be reasonable to convert at least half of your wealth to fiat and then watch patiently how Bitcoin takes over the world. There is another reason that just came into my head. This might as well be kinda pissing contest among top Bitcoin holders, which rank you will get in the future Bitcoin world.
We can't know that for certain. To be honest, I think there are different people among cryptowhales, some of them might be quite content with what they had mined many years ago and don't want to trade or buy more bitcoins at all. Some may be the opposite of the first, and they can be greedily adding to their stack of bitcoins like there's no tomorrow. The common denominator is that, though, they all don't seem to be particularly predisposed to get rid of their stashes in their entirety.
Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.
yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future
Well, I didn't think about it in this way really, but I agree with you that if you have 100K bitcoins and don't have as much wealth in dollars, it would be reasonable to convert at least half of your wealth to fiat and then watch patiently how Bitcoin takes over the world. There is another reason that just came into my head. This might as well be kinda pissing contest among top Bitcoin holders, which rank you will get in the future Bitcoin world.
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