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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Odusko on April 02, 2022, 07:08:20 AM



Title: Altcoin whales
Post by: Odusko on April 02, 2022, 07:08:20 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.


Title: Re: Altcoin whales
Post by: livingfree on April 02, 2022, 07:20:18 AM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.


Title: Re: Altcoin whales
Post by: rat03gopoh on April 02, 2022, 07:44:47 AM
Innovativeness doesn't always come from whales or hardly at all. Most new ideas emerge from people who are truly dedicated to changing global finance for the better and then they put those ideas into action with persistence. Even if the founders end up becoming whales because their ideas are accepted and implemented by many people, that's a sign that they're reaping the fruits of their hard work.


Title: Re: Altcoin whales
Post by: Kemarit on April 02, 2022, 07:48:26 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

It's pretty obvious that altcoin addresses doesn't have a name so we really don't know who they are. All we know is that they have huge amount of tokens behind those addresses we see in blockchain and it could be in the millions or maybe the biggest whales could have worth billions already. Anyhow, what's your concern though? why do you want to know who are those whales? And for sure most whales wanted to remain anonymous and doesn't want to flaunt their wealth.


Title: Re: Altcoin whales
Post by: vv181 on April 02, 2022, 07:58:57 AM
for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation
They technically didn't change the blockchain, instead, they are using smart contracts to talks with the blockchain.

so the question is who are the whales behind the altcoin market development.
You know Ethereum have premine right? The ethereum foundation does reserve some funds to fits the need of the developments. Another one is ICO were exists for a reason. Or if you mean the developments of a token, generally, they exist because of people getting scammed.


Title: Re: Altcoin whales
Post by: arifteguhr on April 02, 2022, 08:12:25 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Only certain altcoin teams can find out who the whale is behind the altcoin blockchain, because anyone who isn't involved as a development team will have a hard time knowing who the whale is behind it now.
Because humans can only guess and read the written news if they are not involved in the blockchain development team.


Title: Re: Altcoin whales
Post by: cryptoperkele on April 02, 2022, 08:50:36 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Maybe i don't understand the question... people who hold most of the tokens are the whales, early investors, people who bought the bottom and held, insiders and developers usually. There are thousands of altcoins so it varies on how their tokenomics/distribution have taken care of

It's pretty obvious that altcoin addresses doesn't have a name so we really don't know who they are. All we know is that they have huge amount of tokens behind those addresses we see in blockchain and it could be in the millions or maybe the biggest whales could have worth billions already. Anyhow, what's your concern though? why do you want to know who are those whales? And for sure most whales wanted to remain anonymous and doesn't want to flaunt their wealth.

As a sidenote, cover of this pseudonymity (not anonymity) could end soon. https://twitter.com/paddi_hansen/status/1509536318585454597


Title: Re: Altcoin whales
Post by: Jackl87 on April 02, 2022, 09:29:57 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

A whale for me per definition is someone that holds a large back of a certain coin. Of course the developers and team members of a certain crypto project are always also whales because usually around 10-15% of the total token supply is reserved for the team members. Those team tokens are usually vested for at least 1 year which means the team member can trade their tokens only after that period of time. Then of course they are whales of this project and if they have bad intentions they could just sell of their big bag and therefore dump the price of that token. Especially if it is a relatively small crypto project. Other whales are just rich people that buy into project with a lot of money.


Title: Re: Altcoin whales
Post by: danherbias07 on April 02, 2022, 10:17:32 AM
Interesting questions. Before I had that same thought but I just forgot about it. Who are they? Why do you want to find out? If you did what will you do next? Because those questions won't matter if it doesn't have a purpose in the end. Yes, it's nice to know them but for what?
Whales hide their identity just like you and me. They don't want to be in trouble for scams, phishing, or any bad stuff on the internet. Buying new coins means they are also risking their money just like us, their's are just in higher amounts. I'd let it go if I were you, just keep track of the addresses with a high amount of coins/tokens if you want to monitor when to sell.


Title: Re: Altcoin whales
Post by: kojektea on April 02, 2022, 10:20:38 AM
No one knows who is behind all this, just like Satoshi Nakamoto who we only know by name but we never know who it is.
However, if we talk about all cryptocurrencies with very large volumes of course this is not one or two people behind all of this, it could be that really rich people are investing behind the scenes, maybe we know one of them is Elon Musk but that's only one , what if there are dozens of other rich people who are here.


Title: Re: Altcoin whales
Post by: kidbounty on April 02, 2022, 10:59:36 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

when asked who, I only think of one name which is Vitalik Buterin. he was the first to tell the world how easy it is to create altcoins. he introduced smart contract technology to the crypto community, because of this technology many developers launched crypto projects. he is the one who made the altcoin market huge. but he also makes it easy for scammers, in the past there were many shitcoin projects on the erc20 network. this may be the bad side of smart contract technology that can't be overcome until now. and he is currently one of the most influential people in the crypto space.


Title: Re: Altcoin whales
Post by: DapanasFruit on April 02, 2022, 10:59:48 AM

Not unless there can be a law that can be implemented for all whales to disclose their altcoins holdings, then it is almost impossible to ascertain for sure who are the biggest movers in the cryptocurrency market. I always read of some big name investors or companies which and who are volunteering their involvement with Ethereum and yes with Bitcoin also but we know that many of the heavy holders prefer to do things in private...and we should never forget that this is one of the many benefits being in cryptocurrency and that is doing things with some good degree of anonymity.


Title: Re: Altcoin whales
Post by: ethereumhunter on April 02, 2022, 11:08:25 AM
I don't feel confused about who is the whale behind the altcoin or any other coins because they won't expose who they really are either. But if you want to know who is behind the developers of the altcoin market, maybe you can look it up yourself. We know that Satoshi Nakamoto is behind the bitcoin blockchain, Vitalik Butterin is behind ethereum, and CZ is behind BNB, and many others. But who are whales and developers are different things and maybe developers can appear in public but whales are not used to appearing in public. So please understand first that the whale and the developer are two different things.


Title: Re: Altcoin whales
Post by: lobo13hf on April 02, 2022, 02:08:19 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
So many big companies have been making their venture capital to invest in the new projects. There are lots of venture capitals that actively investing into the various platform. Whales are also coming from the various institutions as well. It doesn't mean the whale will always be related with the guy or some groups.
So many big companies are also looking for the next gem and they are also wanna making some money from the market too. I guess that if you are seeing the market and some launch pad platforms and there will be so many new projects backed by big investors.


Title: Re: Altcoin whales
Post by: Sled on April 02, 2022, 02:33:19 PM
I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million

source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.


Title: Re: Altcoin whales
Post by: hashrateproducts on April 02, 2022, 02:34:50 PM
No one knows who is behind all this, just like Satoshi Nakamoto who we only know by name but we never know who it is.
However, if we talk about all cryptocurrencies with very large volumes of course this is not one or two people behind all of this, it could be that really rich people are investing behind the scenes, maybe we know one of them is Elon Musk but that's only one , what if there are dozens of other rich people who are here.
There are so many whales in the crypto space. Although some of them identity are hidden. They are the ones in charge of the pumping and dumping of shitscoin, memecoins. They controlled the market by bagging large quantities of coins. Some of them are owners of coins and CEOs. Like Changpeng Zhao, he has much quantities of BNB while Vitalik has Ethereum. It's still a misery that We don't know the owner of Bitcoin physically, Satoshi Nakamoto, only heard of him. During the years, many people have claimed the identity of Satoshi Nakamoto.


Title: Re: Altcoin whales
Post by: shinratensei_ on April 02, 2022, 02:44:31 PM
It doesn't have any correlation with the whales. Ethereum itself has been starting from the crowdfunding. I think that you misunderstood about this and it's not all of blockchain backed by whales but yeah some may backed by the whales like they are getting funded from the big companies that was buying their tokens during the private sale. I think that if the big players are playing a very important role.
If you are visiting the site like icodrop and you will be seeing so many new projects funded by the whales or in this case i would like to call that as angel investor.
You can see that.


Title: Re: Altcoin whales
Post by: jrrsparkles on April 02, 2022, 04:33:28 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
First of all no one is changing anything on the ethereum network but anyone can run their project over ethereum network means it eliminates the creation of new blockchain for every project which actually created with good intentions but scammers took advantage of it so created scam projects and used it over ethereum when the market at its peak to loot money from lame investors and there is no involvement of whales in this process, we call whale as someone when they are manipulating the market with their huge holding.


Title: Re: Altcoin whales
Post by: henmark on April 02, 2022, 04:48:25 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Only certain altcoin teams can find out who the whale is behind the altcoin blockchain, because anyone who isn't involved as a development team will have a hard time knowing who the whale is behind it now.
Because humans can only guess and read the written news if they are not involved in the blockchain development team.
It is not even about finding out the whale, it is about following it and knowing what that person is doing.
I could just check the address of that person and know their moves. I had a friend who basically made a lot of money with this, he followed all the big moves of a token, and he bought and sold based on their movements and he turned 4 of a token into 32 of that same token (turned around 400 dollars to 3.2k dollars) just from that.

So, it is not really about knowing "who" they are, but more about what they will do. I personally can't do that because I am not as smart as that, but if people followed the money, they could do a lot better results when trading.


Title: Re: Altcoin whales
Post by: Marvelman on April 02, 2022, 04:56:16 PM
...who are the whales behind the altcoin market development.

While many altcoins start in the space, with a relatively unknown coin or project, the whales behind the development are not always known.
Altcoin market whale is someone who holds significant amount of specific cryptocurrency, for instance, the owners of the project, developers or even early investors in the coin or project. These individuals are important in determining the success of the project, but they are not the only ones behind the coins success.
After all, if the "sheeple" do not get into a new coin and project, the whole development falls in the black hole of the crypto world.


Title: Re: Altcoin whales
Post by: makishart on April 02, 2022, 05:27:37 PM
Altcoin development were using the funds that publicy raised before through public funding. it's not only   by the whale. the whale itself act as support to the project and they are bringing more adverisement to the project as long as that's a legit project. in this case you are understand it in wrong way. The majority of project in crypto used fund raised from public investors for altcoin development. it's not fully funded by the whales.


Title: Re: Altcoin whales
Post by: ijeb on April 02, 2022, 05:50:58 PM
If you mean a whale is one that is holding a lot of crypto in the wallets than there are a lot of people with a lot of stored value.
If you mean a whale is one good computer science and blockchain engineer that the people behind biggest chains on the market are a good example but the biggest one might be Satoshi.


Title: Re: Altcoin whales
Post by: wxa7115 on April 02, 2022, 06:15:39 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

It's pretty obvious that altcoin addresses doesn't have a name so we really don't know who they are. All we know is that they have huge amount of tokens behind those addresses we see in blockchain and it could be in the millions or maybe the biggest whales could have worth billions already. Anyhow, what's your concern though? why do you want to know who are those whales? And for sure most whales wanted to remain anonymous and doesn't want to flaunt their wealth.
I also question why the OP wants to know information about the whales, I mean one of the most important reasons to use cryptocurrencies is the fact that you can protect your privacy while you do so.

If someone could just point out to you and say that you are a whale then suddenly you become a target of scammers and criminals that will want to get access to your coins, so while whales can manipulate the markets due to the huge amount of coins they have, they also have the right to protect their privacy as the rest of the users in this market.


Title: Re: Altcoin whales
Post by: Odusko on April 02, 2022, 08:02:56 PM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.
The both are Strong name in the cryptocurrency industry with CZ owning the world largest cryptocurrency exchange and the owner of the binance smart chain their hold a strong position as to what goes on in the cryptocurrency market.


Title: Re: Altcoin whales
Post by: Lordhermes on April 02, 2022, 08:16:24 PM
We have whales everywhere in the crypto space. We have the ones that deals mainly on Bitcoins. While we have the ones that deals with both Bitcoin and Alt coins. They are behind the pumping and dumping of coins in the crypto market. We have the CEO of Binance, Changpeng Zhao, who has large amounts of BNB stored in his wallets. While Vitalik buterin, who is claim to be among the early co-founders of Ethereum as of 2011. Perhaps private companies are keying into Cryptocurrency. These companies also buy shares with some upcoming Tokens, and they purchased a huge amount of Gems in the market. Gems can make you rich overnight, buying these coins when it's dipping and selling it when it's pumping are the best thing that would makes you achieved a lot of profits in the space. Go for shitscoin, they're the best, rather than placing short and long trades on Bitcoin.


Title: Re: Altcoin whales
Post by: Odusko on April 06, 2022, 05:17:02 PM
We have whales everywhere in the crypto space. We have the ones that deals mainly on Bitcoins. While we have the ones that deals with both Bitcoin and Alt coins. They are behind the pumping and dumping of coins in the crypto market. We have the CEO of Binance, Changpeng Zhao, who has large amounts of BNB stored in his wallets. While Vitalik buterin, who is claim to be among the early co-founders of Ethereum as of 2011. Perhaps private companies are keying into Cryptocurrency. These companies also buy shares with some upcoming Tokens, and they purchased a huge amount of Gems in the market. Gems can make you rich overnight, buying these coins when it's dipping and selling it when it's pumping are the best thing that would makes you achieved a lot of profits in the space. Go for shitscoin, they're the best, rather than placing short and long trades on Bitcoin.
My major questions are the whales who are there and what are their interest in the cryptocurrency market why is there so much power in the hands of the whales is it because their holds a large portion of the various cryptos.


Title: Re: Altcoin whales
Post by: RussianEnglishTranslation on April 06, 2022, 08:42:49 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Well anyone can create a token on Ethereum so I'm not sure what you mean. You did hit on an important point though, these days you have to have a lot of money behind your project if you want to make it. HBAR has a 5 billion dollar developer grant program, NEAR has a 1 billion dollar one, and ICP has a similar grant program. All these projects are backed by VC and are going to make it long term. Will your shitcoin that isn't backed by VC funds make it? probably not.


Title: Re: Altcoin whales
Post by: Johnyz on April 06, 2022, 09:26:36 PM
If you mean a whale is one that is holding a lot of crypto in the wallets than there are a lot of people with a lot of stored value.
If you mean a whale is one good computer science and blockchain engineer that the people behind biggest chains on the market are a good example but the biggest one might be Satoshi.
Those developers are usually have more tokens since they can have it any time but if the supply is already there and very limited, I’m sure whales are not just the developer since they are a good project they can get more investors for that. Its hard to know if Satoshi is still here and holding his cryptocurrency, what we know right now is that whales are growing, many rich people are into cryptocurrency now and I wonder what would be the effect of this in the economy of cryptocurrency in the future.


Title: Re: Altcoin whales
Post by: wheelz1200 on April 06, 2022, 09:31:27 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

99% of the work on alts is done done by whales but just straight up scammers.  All of these coins are mostly just copy/paste and clone coins or tokens.  There is no need for them.  That's who the whales are...scammers.


Title: Re: Altcoin whales
Post by: WalkerIVIV on April 07, 2022, 07:29:46 AM
All of parties. Mostly of icos were doing crowdfunding and ordinary people, business man, crypto venture capital, big companies are joining in this crowdfunding. The fund that raised through crowd funding used by the ico team to develop its product. The fact that when you are aware about that if developing the product will need to to have some money in your pocket to pay anything that will help your project to gain massive transaction. Marketing, exchange listing and so many things need to be paid with your money.- That's why i see no whale have main role in this case.
I will say if all of people are playing their own role in this case.


Title: Re: Altcoin whales
Post by: Mosharafhh on April 07, 2022, 07:54:25 AM
Whales are always linked to each other and they preplanned about any project. Its natural cz will be one whale if he invest in any project through binance academy and also he can make change of any token future. And altcoin future 100% organizing by any of them whales.


Title: Re: Altcoin whales
Post by: StormHawk on April 07, 2022, 08:43:21 AM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.
Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.


Title: Re: Altcoin whales
Post by: batang_bitcoin on April 07, 2022, 08:52:03 AM
Whales are always linked to each other and they preplanned about any project. Its natural cz will be one whale if he invest in any project through binance academy and also he can make change of any token future. And altcoin future 100% organizing by any of them whales.
That's what he does these days. With the success of Binance and its token and chain, there's nowhere to go but just to help and fund the other projects that he thinks is also good in the future.
Aside from that, he's also entering venture not just related to crypto but as well as other businesses that he get into it. He's literally now one of the biggest investor and venture that we've got in the community.


Title: Re: Altcoin whales
Post by: livingfree on April 07, 2022, 09:51:58 AM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.
Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.
Well, they're actually considered whales of their own projects.

Aside from the other whale investors, they're part of it because they hold a huge portion of these tokens so they're still part of the whales club for their both projects.

There are other whales that are not documented and want to remain silent with all of the commotion that's happening in the community for each of these projects.


Title: Re: Altcoin whales
Post by: Yaunfitda on April 07, 2022, 10:01:32 AM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.
Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.
Yeah, but who knows, they have the influence and can impact the market with their decision and announcement. For me that is a whale already if he can move the market without using any money, but his influence only.

But as far as the whales buying bulk and chunk of altcoins, not sure if they are going to work with one another to affect the market. In my opinion, they are not colluding, but separate individual who decided for themselves only.


Title: Re: Altcoin whales
Post by: TheUltraElite on April 07, 2022, 10:08:17 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
I think you are confusing between developers and whales. While one can be both like some users in this thread pointed out, they are usually different people, because developers are rare among common people but rich people are common.

It therefore ends up being who invested in what and nobody is going to give you a concrete answer to this because by nature these currencies are pseudo-anonymous.

But you can assume that whales will be there and they will try to influence the market psychology and you have to act against that, otherwise you are the one losing out on opportunities. Whales who raise the prices of some shitcoins are not to be trusted. In this sector, it is better to use your own judgement more often than what whales/"self-proclaimed whales" are doing.


Title: Re: Altcoin whales
Post by: jaberwock on April 07, 2022, 07:21:01 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
No we aren't but maybe your only the one that is confused. Why do you want to know if who is the whale behind altcoins? and what will you get after that? But I will tell you, it is not possible to know them. A whale identity is anonymous because what they are doing is kinda unethical. Everyone hates them for the fact that they are manipulating this market and making many people lose their money.

The creators of several altcoins that you saw right now are not called whales. I already explain the definition of whales earlier. Also I don't think anyone can edit or make any changes in the blockchain. That what make's blockchain unique.


Title: Re: Altcoin whales
Post by: Sterbens on April 07, 2022, 08:30:20 PM
Like the Oligarchy or Plutocracy groups that control the economy of a country. Laugh out loud

Not much different from the condition of the altcoin market which holds the largest will continue to enrich itself. Whales will always have control at their disposal according to their goals, but on the surface turn out to be heroes. As others have said, in the altcoins that are indeed the marketplace for every token or coin there are only 2 popular networks. But does everything look transparent? not really !!!


Title: Re: Altcoin whales
Post by: Odusko on April 09, 2022, 07:24:14 PM

Like the Oligarchy or Plutocracy groups that control the economy of a country. Laugh out loud

Not much different from the condition of the altcoin market which holds the largest will continue to enrich itself. Whales will always have control at their disposal according to their goals, but on the surface turn out to be heroes. As others have said, in the altcoins that are indeed the marketplace for every token or coin there are only 2 popular networks. But does everything look transparent? not really !!!
Exactly the highest holder take it all as most of the whales control the direction of the market since there are big bag holders of the coins, I always take Elon Musk for example if he decides to sell off his dog coin the market will feel the impact of that movement.


Title: Re: Altcoin whales
Post by: bussybuddy on April 10, 2022, 03:04:42 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Those who are passionate and interested in this field are the big whales. We can have their assets priced into fiat assets with blockchain. CZ and Vitalik have always been the whales we know, plus we often hear about the CEO of MicroStrategy amassing a lot of crypto :) Try searching more through https://etherscan.io/accounts


Title: Re: Altcoin whales
Post by: Odusko on April 10, 2022, 06:10:53 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Those who are passionate and interested in this field are the big whales. We can have their assets priced into fiat assets with blockchain. CZ and Vitalik have always been the whales we know, plus we often hear about the CEO of MicroStrategy amassing a lot of crypto :) Try searching more through https://etherscan.io/accounts
Those two individuals are the biggest whale we have in the cryptocurrency market as their both own and run their blockchain, with CZ also owning the biggest crypto exchange in the world and also running the binance smart chain this gives him the power to make whatever change in some centralized and decentralized coins and that make him a big whale.


Title: Re: Altcoin whales
Post by: Fredomago on April 10, 2022, 06:34:48 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Those who are passionate and interested in this field are the big whales. We can have their assets priced into fiat assets with blockchain. CZ and Vitalik have always been the whales we know, plus we often hear about the CEO of MicroStrategy amassing a lot of crypto :) Try searching more through https://etherscan.io/accounts
Those two individuals are the biggest whale we have in the cryptocurrency market as their both own and run their blockchain, with CZ also owning the biggest crypto exchange in the world and also running the binance smart chain this gives him the power to make whatever change in some centralized and decentralized coins and that make him a big whale.

Right, CZ has that capabilities and it's really scary since he also facilitating one of the biggest centralized exchange. Though we can't really say that he's manipulating anything but the power that he's holding right now to influence the market is big enough to move the market, and with him also owning BSC chain, both him and Vitalik really plays a big role around this industry.


Title: Re: Altcoin whales
Post by: Mpamaegbu on April 10, 2022, 07:06:11 PM
They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.
First, I like to know if the amounts you quoted in your post were checked in current value or those were what were invested from the beginning? Secondly, are the quoted amounts their individual total worth in all assets or just investments in cryptos alone?



I think we can safely consider Elon Musk also as an altcoin whale – Dogecoin and Shiba Inu.


Title: Re: Altcoin whales
Post by: SistaFista on April 11, 2022, 03:33:28 PM
In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins comes from bitcoin holders.


Title: Re: Altcoin whales
Post by: Odusko on April 13, 2022, 01:02:12 PM
In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins come from bitcoin holders.
You are right that the whale of the entire cryptocurrency market is the regular holders and I still think not only diversification of investment alone that make the whales move from Bitcoin to altcoin but also the chance to control market actions made the whales also move since the ethereum blockchain give them the power to create and hold whatever coins they want.


Title: Re: Altcoin whales
Post by: ethereumhunter on April 13, 2022, 01:29:02 PM
In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins come from bitcoin holders.
You are right that the whale of the entire cryptocurrency market is the regular holders and I still think not only diversification of investment alone that make the whales move from Bitcoin to altcoin but also the chance to control market actions made the whales also move since the ethereum blockchain give them the power to create and hold whatever coins they want.
Right now, whales seem to tend to only hold a few potential altcoins as you've mentioned because they still hold large amounts of bitcoin. They believe bitcoin's potential is definitely greater than altcoins to grow in the future and even though they hold altcoins, their potential to deliver huge profits is still more profitable for bitcoin. Yes, they know how to diversify their investment portfolio and they are already using altcoins to add to their list of wealth.


Title: Re: Altcoin whales
Post by: mumang siat on April 13, 2022, 01:30:13 PM
No one knows who is behind all this, just like Satoshi Nakamoto who we only know by name but we never know who it is.
However, if we talk about all cryptocurrencies with very large volumes of course this is not one or two people behind all of this, it could be that really rich people are investing behind the scenes, maybe we know one of them is Elon Musk but that's only one , what if there are dozens of other rich people who are here.
that's how people hide their identity in this cryoto world, because there will be many risks that will be obtained if their identification is known to the public, one of which is like Satoshi Nakamoto, Elon Musk is the second person who makes himself quite a lot of people talk about, even many other Elon Musk who invisible in crypto, they play behind the scenes to influence crypto as a whole, because this issue can't just be one, two and three people involved, so large volumes can just appear


Title: Re: Altcoin whales
Post by: zasad@ on April 13, 2022, 01:45:01 PM
Why do you think that Bitcoin whales and Alteoin whales are different people? First, whales pump bitcoin, then they buy cheap altcoins for expensive bitcoin, then they pump altcoins and buy stablecoins. I think that the whales are now waiting for the price to drop in order to buy more cryptocurrencies.


Title: Re: Altcoin whales
Post by: bittick on April 14, 2022, 09:38:30 AM
don't you even aware if there are so many whales in the crypto market? The whales are only wanna making money. Anyone in the crypto wanna make money started from the small shrimp until the biggest whale. These parties have the same intention to make money as much as possible in the cryptocurrency and so your accusation was not true at all. How is it possible for the whales who have been early investing in the altcoins become a wrong thing for you? You're seeing the whales from bitcoin investing in the altcoins and this is not a bad thing. Money will always be flying to the place where it can multiple itself.


Title: Re: Altcoin whales
Post by: capedbaldy on April 14, 2022, 09:48:35 AM
Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.


Title: Re: Altcoin whales
Post by: taylankapan on April 14, 2022, 02:11:57 PM
Fanfury is a decentralized platform that offers all players the opportunity to earn money. Thanks to your understanding of sports and participation in exciting matches, you can make money on fantasy sports with pleasure


Title: Re: Altcoin whales
Post by: MarjorieZimmermanGinger on April 14, 2022, 02:20:56 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
It's hard to find out who is the real whale behind altcoins, just as we are looking for people who have made bitcoin what it is today, so if you're looking for the whale behind the development of the altcoin market, then you can be sure that you will never find it, unlike the case. with Elon Musk, he is openly trying to speculate on the coin he likes, so the coin should develop for the future


Title: Re: Altcoin whales
Post by: Republikcoin.com on April 14, 2022, 02:23:39 PM
Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.
Chances are, it could be true because the team must have kept about 30% for certain purposes even though it seemed to be for their own purposes because certain investors who had joined the project were also paid by the team and they also know how many units the investor received from them. so the rest must be with the team itself.


Title: Re: Altcoin whales
Post by: smyslov on April 14, 2022, 02:43:27 PM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Early investors with the huge amounts of money to spare mostly rich investors in other markets made a shift to Cryptocurrency like Elon Musk, of course, they are not going to expose themselves and they will just play the market and continue to make money or they are early investors of a project with good potential, you can't be a whale if you're not a developer or you do not have money to invest.


Title: Re: Altcoin whales
Post by: rozak on April 14, 2022, 02:43:49 PM
Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.
that's one way to keep market prices maintained. developer tokens won't be shared anytime soon. Most of them will lock in some time. (to convince investors)
whereas tokens for investors I guess are limited in their purchase. except for investors with large capital who buy in the market. even investors in private sales and prime sales sometimes distributions too periodically.


Title: Re: Altcoin whales
Post by: Altryist on April 14, 2022, 02:53:49 PM

that's one way to keep market prices maintained. developer tokens won't be shared anytime soon. Most of them will lock in some time. (to convince investors)
whereas tokens for investors I guess are limited in their purchase. except for investors with large capital who buy in the market. even investors in private sales and prime sales sometimes distributions too periodically.
When a team owns most of the tokens (which is logical) and continues to increase their number by buying, this is always a good sign. Because in the end this will lead to an increase in the price of the token, perhaps not a long-term one, but it will be and it is very important not to miss this moment in order to profitably sell your tokens. Whales can see which alts are accumulating and speculate on this in the short term.


Title: Re: Altcoin whales
Post by: maydna on April 14, 2022, 03:34:39 PM
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Early investors with the huge amounts of money to spare mostly rich investors in other markets made a shift to Cryptocurrency like Elon Musk, of course, they are not going to expose themselves and they will just play the market and continue to make money or they are early investors of a project with good potential, you can't be a whale if you're not a developer or you do not have money to invest.
Yes, that's correct. But at least we can feel to get big profits if we can find out what coins those rich investors bought and we have a good coin for example, the case of Dogecoin yesterday.

Many people bought Dogecoin because Elon tweeted, and it turns out that Dogecoin can indeed go up high, and many people don't expect it. We may never be the whale with a lot of money, but we can have money if we invest in the right coins. And we will never know who the big investors are because they will not expose themselves to the public.


Title: Re: Altcoin whales
Post by: JeffBrad12 on April 14, 2022, 03:38:18 PM
Whales are not always related to the big names. Some people may mention the name like vitalik but this guy is rarely involving to invest in the new project. this guy is actively donating his money to the various institutions just like when he was sending his shiba donation.
The whales have various kinds. Mostly of whales are coming from the venture capitals who are behind the altcoin project. You must know that if a big project like stepn backed by so many venture capital.
This is the reality but in fact institutions are investing through venture capital.


Title: Re: Altcoin whales
Post by: Eddyc on April 14, 2022, 07:29:54 PM
We cannot deny that Whales control the market and dictate the rules that shape the future and with that we can understand that the developers of the main projects are Whales. Roger, Vitalik and CZ are examples of Whales who use their social networks to express their opinions and contemplate a future for the crypto world. However, there is a group of Whales that control "bottom" altcoins that will possibly see some increase someday.


There are several types and sizes of Whale in the crypto world.


Title: Re: Altcoin whales
Post by: Odusko on April 14, 2022, 08:18:56 PM
We cannot deny that Whales control the market and dictate the rules that shape the future and with that we can understand that the developers of the main projects are Whales. Roger, Vitalik, and CZ are examples of Whales who use their social networks to express their opinions and contemplate a future for the crypto world. However, there is a group of Whales that control "bottom" altcoins that will possibly see some increase someday.


There are several types and sizes of Whale in the crypto world.
And even the smaller project teams are whales I can say that in the general sense whoever have a tradeable coin/token on the exchange is a whale but there is category to that which can be easily seen from the way their coin market react.


Title: Re: Altcoin whales
Post by: TheUltraElite on April 22, 2022, 02:43:01 PM
Exactly the highest holder take it all as most of the whales control the direction of the market since there are big bag holders of the coins, I always take Elon Musk for example if he decides to sell off his dog coin the market will feel the impact of that movement.
Dog coin LMAO, at least give it the credit of its proper name of Doge coin.

Nonetheless following a millionaire can cost you money if you don't know how to manage your emotions. These people know how to manipulate the crowd of followers. Don't be one of those.

In case you ever feel lost, focus on charts more than what people are saying. Buy low and sell high. Don't wait for better prices unless you are doing bitcoin. Several people are being drawn away from profits because they madly follow such celebs only feeding their own ambitions but losing their money.


Title: Re: Altcoin whales
Post by: the ghabbar on April 22, 2022, 03:02:18 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
In fact, what I see is that big whales don't really contribute much to altcoins, because these kinds of coins have a more volatile level of risk, usually whales prefer to bet on coins that have fundamentals and utility, such as bitcoin, ethereum or BNB, so far only small whales who often play on altcoins, so it is very difficult to know which whale is involved in altcoins, but it could be that this whale is a representation of the bitcoin whale


Title: Re: Altcoin whales
Post by: molsewid on April 22, 2022, 03:16:58 PM

We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits. I learn to focus on coins that I somewhat study, I do read tweets and join in some telegram groups but only to read which coins now are trending, it will be better to know whether it already get popularity or will just start to have then study it. Whales will always be there ao we just need to focus on ourselves how we can still gain profit despite the volatility.

You're absolutely right mate sometimes or most of the times influencers are making video contents on that specific altcoins because they are paid to do that and that's one of the marketing strategy of a new project. We must learn to conduct our own research about the new project and learn to assess and differentiate different projects so we may find the perfect one that would be worth it for our investment. I don't have much idea who's the altcoin whales but one thing for sure the founder of top altcoins like ethereum and bnb are whales too.


Title: Re: Altcoin whales
Post by: Tony116 on April 22, 2022, 04:44:46 PM
Nonetheless following a millionaire can cost you money if you don't know how to manage your emotions. These people know how to manipulate the crowd of followers. Don't be on of those.

In case you ever feel lost, focus on charts more than what people are saying. Buy low and sell high. Don't wait for better prices unless you are doing bitcoin. Several people are being drawn away from profits because they madly follow such celebs only feeding their own ambitions but losing their money.
We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits. I learn to focus on coins that I somewhat study, I do read tweets and join in some telegram groups but only to read which coins now are trending, it will be better to know whether it already get popularity or will just start to have then study it. Whales will always be there ao we just need to focus on ourselves how we can still gain profit despite the volatility.

Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.


Title: Re: Altcoin whales
Post by: Raflesia on April 22, 2022, 05:00:18 PM
Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.
Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.


Title: Re: Altcoin whales
Post by: Anonymous100 on April 22, 2022, 08:38:37 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.


Title: Re: Altcoin whales
Post by: TheClownSong on April 22, 2022, 09:14:37 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.
never knew and was involved in any altcoin project unless he was made an advisor on one project. altcoin have their own developtment team and only use smart contract that developted by vilatalik and cz. altcoin whales depend on investors that back up or be angle investor,usually they see great potency in future when decided buying in large amount.


Title: Re: Altcoin whales
Post by: Odusko on April 24, 2022, 10:43:49 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
In fact, what I see is that big whales don't really contribute much to altcoins, because these kinds of coins have a more volatile level of risk, usually whales prefer to bet on coins that have fundamentals and utility, such as bitcoin, ethereum or BNB, so far only small whales who often play on altcoins, so it is very difficult to know which whale is involved in altcoins, but it could be that this whale is a representation of the bitcoin whale
I don't believe whales are present at every point of the market stage and don't ever make the mistake. of thinking whales are not active in altcoin whales are more active in altcoin than any other market since their can have total control in a coin base and this large share gives them. some level of power to control general feelings. of the market.


Title: Re: Altcoin whales
Post by: Kelvinid on April 24, 2022, 11:49:06 PM
Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.
Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.
Influencers can obviously hype the market as many people believe them. That is why some developers will hire these people just the seek market exposure and gain attraction. It was different from how these whales take action in the market, they simply just buy huge amounts and sell for themselves, doing the cycle again until the price moves high.

https://decrypt.co/78416/who-are-bitcoin-whales-how-do-they-trade

If we can predict how these whales move, we could really make money but unfortunately, we didn't make it, the majority had lost.


Title: Re: Altcoin whales
Post by: sayaya17 on April 24, 2022, 11:57:21 PM
Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.
Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.

It is true that we must believe in the results of our own research and analysis and not be influenced by what influencers say. Because most
influencers just want to manipulate, so that he can make a profit. Therefore, it is very risky when we invest in new projects that are recommended
by influencers, because we don't know the projects well. As I've said many times, never invest in something we don't know about. It only makes us
wrong in making decisions.

That's why I always recommend investing in popular coins, usually when the price drops we don't need to panic, and do not need to do a cut-loss.
Because popular coins usually can always be recovered, although the price has fallen quite deep. In contrast to new projects promoted by influencers,
if the project price falls and we buy at the peak price, we will be stuck in the coins for a long time. Unless we are experienced and have good
analytical skills, we can try to make a profit by investing in new projects.


Title: Re: Altcoin whales
Post by: Amjado711 on April 25, 2022, 01:28:36 AM
Whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon


Title: Re: Altcoin whales
Post by: Davian144 on April 25, 2022, 03:07:41 AM
I don't believe whales are present at every point of the market stage and don't ever make the mistake. of thinking whales are not active in altcoin whales are more active in altcoin than any other market since their can have total control in a coin base and this large share gives them. some level of power to control general feelings. of the market.
Basically, whales also don't tell anyone when they want to attend a place or product, so this is a very difficult thing to explain because they never give anyone any information about it.
So it's better to stick with good coins and altcoins that are becoming popular in the market because it's much better than seeing where the whales come and go.


Title: Re: Altcoin whales
Post by: Xal0lex on April 25, 2022, 10:54:50 AM
Unless we are experienced and have good analytical skills, we can try to make a profit by investing in new projects.

This also requires experience and analytical skills. There are a huge number of new projects coming out, especially in periods of hype. Are you suggesting that you invest in everything just because it is a new project? New projects are even more dangerous than what famous people advertise. Because celebrities advertise already promoted projects which have a capitalization, and new projects often have nothing besides a smart contract address and a website.

It does not take much money to invest in new projects, for example. Because even an investment of $300 can easily turn into $30,000 in a few months, but to find such a project, you will need to study a lot and identify exactly the worthwhile product.

I once read a strategy of beginner, he was planning to find new projects and invest $100 for each, hoping that some project will exactly catch a haip and bring him x1000, covering remaining losses. In the end he didn't find any such project and invested his money in a pile of garbage.


Title: Re: Altcoin whales
Post by: Odusko on April 26, 2022, 08:16:40 PM
A whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon
You are not far from the fact whales are those who hold a high percentage share of a token and that can make drastic changes in the token market condition but it is more important to. know that most whales are not interested in the day-to-day trading of tokens but are steel hands holders of such tokens and are willing to hold them for a long-term basis. Whichever way we put a whale is just a whale but their attitudes differ.


Title: Re: Altcoin whales
Post by: TheUltraElite on May 09, 2022, 08:20:37 AM
We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits.
You and I know that influencers are mostly paid and they are doing this as their job. But newbies don't get that and they aspire for the celeb life when they are actually poor. This leads to a lot of newbies going to them for advice and asking to get manipulated.

I can understand that newbies need guidance and because everything is free and unregulated in the internet they come across such sources. The best way to prevent such mishaps is to learn reading charts yourself first before reading tweets and all.

Or you can just go against the normal - just sell when they buy and you can see the profit coming in.


Title: Re: Altcoin whales
Post by: makishart on May 09, 2022, 08:29:21 AM
Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.
Vitalik and CZ were not the whales who are always trying to create dump and pump market. Those guys are different than those whales who only care about how they can make money as much as they can. i think that vitalik and cz were different example about that.
The whales have nothing to do with the big names like vitalik and cz, whales may invested in the project managed by those guys but whales have no relationship with them


Title: Re: Altcoin whales
Post by: aprilnot on May 09, 2022, 08:35:45 AM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Changpeng Zhao also known as CZ, is the pope behind all altcoins. CZ with the exchange he owns (binance) plays an important role in controlling the altcoin situation. Just imagine that every altcoin listed on Binance will experience a pump and the delisted altcoin will fall in price. binance has a huge impact on the altcoin market today. that's why he is the important person behind altcoins


Title: Re: Altcoin whales
Post by: RussianEnglishTranslation on May 09, 2022, 12:33:52 PM
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
The issue is that the whales often control the exchanges themselves, can see your trades and bet against you, and trade 100x on their exchange the real amount of deposits. Until these exchanges are regulated, prices will be in limbo. The best thing you can do to avoid this is to farm stablecoins or to buy and stake a crypto with high staking rewards, like the internet computer, and wait for real world utility/adoption to kick in.


Title: Re: Altcoin whales
Post by: vanesha on May 09, 2022, 12:37:51 PM
They will not be easily detected, here we are transacting with a wallet code without the identity of the sender or recipient. But I'm sure, all these people are not just one person or more believe that they are all of us who invest in altcoins. Although only a few people invest with great value, but small value with many people will be a lot too. But, if that's what they say the pope is, it's pointing to a big investor with big influence in every action.


Title: Re: Altcoin whales
Post by: Fesatmas on May 09, 2022, 12:42:17 PM
A whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon
You are not far from the fact whales are those who hold a high percentage share of a token and that can make drastic changes in the token market condition but it is more important to. know that most whales are not interested in the day-to-day trading of tokens but are steel hands holders of such tokens and are willing to hold them for a long-term basis. Whichever way we put a whale is just a whale but their attitudes differ.
But that's the reality I see, especially on obvious projects. It's just that the problem is that some people take advantage of it so that let's say small investors come in to invest. The real problem is that they enter without doing in-depth research and analysis so that they fall into something that is detrimental to them. There's nothing wrong with the pope's words how we respond to them.


Title: Re: Altcoin whales
Post by: amihada on May 09, 2022, 12:59:24 PM
I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million

source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.
Wow, this is very complete information. I have never read the 10 names of the great whales you mentioned. This is new knowledge for me personally, thank you for this very useful information.


Title: Re: Altcoin whales
Post by: Lagduf on May 09, 2022, 02:06:21 PM
isn’t it kinda obvious that they are the ones that usually have the control over certain market either shitcoin and ordinary altcoins project it’s all the same.
basically control over market could be achieved by using big capital for influencing the overall market movement and also having huge influence inside the project
these kind of people are the ones that I could consider someone that deserve being branded as a whales.
not just some random trader that has relatively big capital but the ones that has absolute reigns over the market and could control the market by literally making some shill.


Title: Re: Altcoin whales
Post by: DrBeer on May 09, 2022, 03:46:44 PM
I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million

source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.


You can be happy for them, of course. On the other hand, the question is - are they not hostages of their own crypto volumes? This is a question that, on the one hand, as long as they do not touch their crypto assets, they are worth billions, but if they need fiat currency, how will the market and the value of tokens react to a major drain? Or what are the possibilities of the shadow market to carry out such a transaction at the current rate - will there be a strong drawdown when converting crypto-fiat?


Title: Re: Altcoin whales
Post by: Odusko on May 14, 2022, 04:32:16 AM
isn’t it kinda obvious that they are the ones that usually have the control over certain market either shitcoin and ordinary altcoins project it’s all the same.
basically control over market could be achieved by using big capital for influencing the overall market movement and also having huge influence inside the project
these kind of people are the ones that I could consider someone that deserve being branded as a whale.
not just some random trader that has relatively big capital but the ones that have absolute reigns over the market and could control the market by literally making some shill.

That true the whales are the ones that control the behavior and direction the market goes and we can see that in the action of some stable coin this week we're Luna went down to 95%/crashed before the whale pumped it for some minutes and then dump it again the grip of whales and their abuse of the market for profits taking have become the major set back for the cryptocurrency market and this have also denied the free flow of market generally with lots of manipulation


Title: Re: Altcoin whales
Post by: Google+ on May 14, 2022, 04:59:13 AM
Wow, this is very complete information. I have never read the 10 names of the great whales you mentioned. This is new knowledge for me personally, thank you for this very useful information.
There are many rich people in this world who are still unknown and known to many people so that sometimes it can be a surprise when they start being discovered suddenly, I think this can also be a motivation for others to continue working and become rich like them.