Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: conkeer on August 08, 2017, 06:42:46 PM



Title: Who are the so called whales ?
Post by: conkeer on August 08, 2017, 06:42:46 PM
I see a lot of comments about what “whales” did or did not do regarding bitcoin.

People making plans and decisions counting on the time that “whales pump the price”, or justifying price crash due to “whales decisions”.

 Bitcoin is very volatile, and could be hard to finding a reason of all prices fluctuations, so are we to believe that all ( or the majority ) of things that happen are because whales wanted so ? Some weeks ago btc price crashed considerable, now we in all-time highs, is that all according to their plans?

Who the hell are those people. I mean manipulating betting sites prices, altcoins, even stock prices of companies, I could understand. But bitcoin ? I certain that there are millionaires ( or billionaires ) scattered  in dozens and dozens of different countries that have knowledge and invest in bitcoins. So are these guys like in perfect sync around the globe, just dictating what happens next, while we are simple passengers completely at their will? Am I being naive ?


Title: Re: Who are the so called whales ?
Post by: Minecache on August 08, 2017, 06:45:00 PM
WhalePanda is a major player. He's on twit feeds.