Bitcoin Forum

Just curious. How much money do you need to be classified as a whale??  ;D ::)

I would think anything over 100 BITCOIN worth of coinage would make you a mini whale and a big whale would be someone with over 1k worth of BITCOIN and altcoins. I am a single cell amoeba at this point, need some miracle to become anything remotely looking like a whale lol.  ;D

It interesting that you say that. Whenever I see Legendary accounts on this forum, I assume that they must hold huge chunks of bitcoin but I guess that opinion is actually greatly skewed and I often forget that Bitcoin was only really cheap for the first couple years that it was out.

I can not classify how much to spend. but certainly requires a lot of capital to make as a whale. because if in doubt and only have a little capital the results can not be as desired.

whale in what coin?

bitcoin? it is impossible to say! maybe 500BTC at least but the market is growing every day and the order books are no longer small enough to be easily manipulated with a small amount of money.

altcoins? there are altcoins that are small and you can be a whale in them with probably a small amount such as 0.1BTC. you can pump them with that much or dump and kill them if you sell that much worth of that coin!
but there are other coins that are bigger and you will need much more amount of money to be able to put a dent in them.

besides, a whale is not just someone who has a lot of money. you also have to know the market direction in order to be able to manipulate it. going against the market will make you a small fish in no time, no matter how much money you have.

Uhm there is not an exact quantity actually but i can estimate like this:
For example volume of bitcoin was around 5 billion USD yesterday. If you have 10% of this in your pocket you considered to be a whale which means 500 million usd. It is around 50-60k of bitcoins.

I only have 10BTC right now for trading,definition of whale is if the person has 500 or more BTC holding.

You can say you are whale if you have a lot of BTC if you can manipulate specific alts market,throwing BTC for baiting newbies to buy the alt then you will dump when you got your targeted profit.

whale are big stake holders  in the crypto space, Also a whale can be someone who owns higher percentage of a coin,either  Bitcoin or other  Altcoin,when you dump and gues in this space becoming a whale migth take a while, you must have faith in the coin you investing  into to grow.

Basically if you are rich. Whales are the big people who manipulate the market in some possible way. If they have a large capital then could destroy a market. Whales are resposible for pumping and dumping. They trap small fishes (us) to make them alot of profit.

Enough to greatly influence the entire market with but a fraction of your assets. That would be my definition.

If you hold 1% or more of a coin.

5000 Bitcoin or 30,000 Ethereum I guess or 1% or more of any other coin.

by looking at the first investor in bitcoin, this is investors a individual whales from now , while some grub is considered whales developing in bussines cryptocurrency. if you want to be a new whale figure, take 100 billion $ to buy all cryptocurrency, and become a whale.

Can be said whales, maybe if i like JP Morgan or John McAfee  :D :D

If the problem how much, I think all humans always lack and never feel enough. I do not want to say whales, but if all the household needs, the cost of education and the future of children, as well as old age savings, if this has been fulfilled I think this is enough.

"Whales" in the crypto market are people who have huge capital to turn the crypto market into their own. There is a way you can always win in this Crypto game and follow what the whales want. You will win when you follow whales, you will fail if you go against whales.

I think it depends on how you define what Bitcoin whale is and the market cap of the coin you hold, If you are referring to Bitcoin, Honestly no one can exactly say how much amount of Bitcoin you need to have to be considered as a whale but it will surely cost you millions of dollars worth of that cryptocurrency today if you are not one of those early adopters that still hold their Bitcoins. Whales hold large percentage of total circulating supply of a specific cryptocurrency, and you'll know you're a whale if you can do manipulatation like pump and dump the market price of the specific cryptocurrency that you hold.

Have at least 1kBTC and ill call you whale, but i dont know for sure cause they never show up and tell us how much money they have

I think it depends to the market cap of the coin.

For example if you hold 10% of a smaller coin does not necessary makes you a hale for a bigger one.

In my definition of someone can be determined as a whale if he or she was having a lot of money. I meant for some millions of dollars. you can try to see about a person that already had over 200 million dollar worth of ethereum right now. This is the real whale https://etherscan.io/address/0xdc870798b30f74a17c4a6dfc6fa33f5ff5cf5770

Really big money is needed, because the domain needs to be broad
What happens if you take a little stone to the sea and throw a big stone to the sea
Think like this

to be classified as whales you should have more than a thousands Bitcoins on your funds .some says they are the one whos responsible for the changes of the crypto currencies price,and they hold most of the bitcoin in circulations

I think to be a whale in the world of cryptocurrency, it is not enough to have 500-1000 bitcoins. The price may fall, hackers can find a bug and steal. You need to have different currencies in different purses. That is, to be a whale, you need to diversify risks and investments.

Whale should have enough bitcoin and altcoin to change the trend and price by himself. For bitcoin it is very hard they must have maybe more than 100 million dollars of bitcoins, but it is easier to be an altcoin whale. if they can start collecting from deep price and collects enough (~5% of total circulating supply) of it and also have some bitcoin to pump the price.

whales usually have thousands of bitcoins and they can control  the market of any token or coin to get profits

I think with my very little experience, and a little income too, it could be like a plankton take time and a lot of magic to become a very big whale. The size of a plankton whale could have been with many miracles hehehe ;D

I am with the concept given by some people. 1% of a coin makes you whale in that coin.

Do you think whales are individual people or a group of people? Because to be a whale it´s not only having a lot of money, but having the ability to influence on the market. For that it´s needed coordination. I assume there must be some relevant investment funds in the markets.

Probably in the tens of millions i'd say. A whale is someone who has the potential to swing the market by himself - In bitcoin this is harder and you'd probably need even more money, but with several millions you can really manipulate some smaller market cap coins.

Bitcoin will you whale for the price get easily pump over the years and months. As we've wanted,  the bitcoin price will actually reachh 10k$ this month. I've read some article bitcoin price will reach million dollars in the year of 2020.

20 Bitcoins for sure, that's a great amount of bitcoin possesion.

What makes you a whale is, you have to be full of information and knowledge about the world of crypto currency and must be an ultimate wise and is good in java script, c++ and etc. And of course with huge amount of digital currency/coin maybe 100k and up. Especially Bitcoin.

They are people who have a high degree of belongings by their side,talking about cryptocurrencies,in other words,they have a big number of these,they can easily manipulate the market sometimes,sometimes they just accumulate and accumulate and other times they only release a lot of coins that they have causing marked changes in prices almost always are very visible when one or several whales are in action because the price moves severely or place great offers of purchase or sale.

Most people here are suggesting a whale is someone with hundreds of thousands of bitcoins, but in reality it depends on the coin. Someone who invested 1k in an ICO that generates just 500k is already kind of a whale in that coin especially if that coin has very little liquidity.

Look on any of the slack trading channels where someone who puts in a buy or sell of 5 btc for midcap coins are usually referred to as whales.

You can be a whale in different coins - for example I have been a whale of a lot of shitcoins worth nothing. But once one these coins later rose thousands of time, so if I still had those coins I would be a REAL whale, those with millions of $$$.

 I have been a whale of a lot of bitcoins worth nothing.What makes you a whale is, you have to be full of information and knowledge about the world of crypto currency and must be an ultimate wise and is good in java script, c++ and etc.

it seems to me that you can be called a whale if you have the most part of investments in any currency. When you alone can influence the currency market.

For me a whale refere to someone who own a certain quantity of the total supply of a coin. For bitcoin it should be around 0.1% which is 21K Bitcoin (16.7K with the actual circulating supply), for altcoin it's more around 2% to 20% of total supply so they can manipulate the market like a lot of ICO scam, ninja instamine or airdrop scam... (/s it's all for the futur work of the dev team, they need to eat you know,  ::) )

whale is when you have a big amount of particular coin...
10,000 ethereum 1000000 KMD ..

I think that heavily depends on the coin. Own 10-20 % of total value i would guess.

This depends on the Exchange website you present yourself. For Bitflyer, being a whale start from 5 million dollars for example. For smaller exchanges, being a whale can be even less than 1 million dollars.

There is no rule of being a crypto whale in this ecosystem.

The term "Whale" is frequently used to describe the big money Bitcoin players that show their hand in the bitcoin market, The ocean as a metaphor for the market as apt, since one can then extend it to include the big fish and the small fish, sharks rallies as feeding frenzies; waves as a market moves, and so forth, It maybe however that the term "whale" has been applied to the wrong class of investor because the players described below are truly the biggest creature in the ocean. Perhaps i call you a whale when you own a huge amount of bitcoins in the cryptoworld. ;)

The definition of whale itself is a person that have many bitcoins or other altcoins in many exchanges, so when he/she dump and sell all their coins, the effect is really big and can makes the price of that coins changed easily. Usually people who is a whale is have more than 50,000 or even more.

You mean 50,000$ or 50000 bitcoins? ::)

Whales are players wich has milions in hands, i would say bitcoin whales are those people wich hold something like 300-500 bitcoins, sure there are other kind of whales into others coins, but the level is quite different, i would say im a whale into a coin wich has a tiny market cap. There is a rumour that whales are together into some groups, wich does choose and influence the crypto market all weeks.

It depends in the number of supply of the token you want to be whale in. Some projects have only 1M tokens, i think having 100k tokens makes you a whale.

Right now something like 50 BTC I think because if you have half a million USD dollars that is a lot of money. That being said to some people in third world countries something like 10 BTC is probably a whale because that is super luxurious for them. Last but not least if you are living in a country with a super high standard of living that amount of a few hundred BTC to be considered elite. Whatever the case one thing we can agree on is that in the coming months, and years the amount of BTC you need to be a whale will be lessened. I am looking forward to a day where 1 BTC can be considered a whale because maybe I can make it then  :)

For me whale is the person who alone can redeem 70-80% of the average ICO. cap 100-150K ETH.

The whale can change the price of bitcoin or eth. Or to bring down the market. All the other people - the baby whales!

it seems to me that the account goes to thousands of bitcoins. The price of many altcoins can be manipulated by 100 bitcoins, and for some altcoins-1 bitcoin will increase the price several times. But whales, it seems to me, it's 1000 bitcoins and more!

I don't think there are many individuals that have over 1000 bitcoins, I would say someone who invests 10 bitcoins or more in an ICO is definitely a whale because it says a lot when someone can just throw that kind of money around.

It requires a load of money, but it depends on which coin to pump. To be a whale in anyone of top 20 coins, I think they need at least 1 million dollars. But money isn't all; also often whales have a huge influence on social media like facebook twitter or youtube. They have lots of fans that buy whenever they say to buy.

It depends, you can be a whale of ethereum or zcash and also that of GameBet Coin, for ethereum you need millions of dollar but for gamebet coin you just need $10k

Whales are usually defined with an amount of 100+BTC

The amount of money does not matter! Whale can affect the cryptocurrency market. Such person may change the price of bitcoin will.

for the moment I just want my money to be enough to make an altcoin project, so that later I have a good future in the world of cryptocurrencies and can also support all the developments in the world of crypto.

Mostly you need 50+BTC to be considered as a whale but as the price of bitcoin is moving fast, having 10 bitcoin in your neighborhood will make you a whale. So others are telling 50BTC and it all depends on how you are going to describe what whale is and on how many bitcoins do they hold. But for the current whales out there most of them does have 1,000+BTC.

Whales are biggest investors in an ICO. They buy the largest number of coin and can invest up to 200BTC to buy an ICO.

Someone who can affect the current price of bitcoin, if a whale dump all his coins it can somehow affect the entire market , it can cause massive dump or gains. I believe whales are smart individuals or traders with loads numbers of bitcoins or alts.

You need atleast 50 BTC up to be called a whale,because if you have 50BTC you can pump a shitcoin and take profits in it then go out when you have good profits.

Some projects have only 1M tokens, i think having 100k tokens makes you a whale.

i agree with you need a lot of BTC to manipulate a specific coin for you to become a whale.

Skilled traders and business millionaires are considered to be a whale but a group of them because each millionaire cannot manipulate the trade and it must be a group.
When they decided to manipulate the coin to make it on the top like what they did in Bitcoin last 8 years ago and Bitcoin Cash like late October this year then it's possible to make make it happen again for any other coins.

Anyone who has an ability to create a fluctuation in market trend can be called as a whale. Probably he\she can be a long time holder from the beginning.
If that person just made a release or dump those it will affect market. It still depends how you describe to be a whale. It may be who holds 50+ or 500+ btc.