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David19
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June 18, 2015, 06:56:55 PM
 #21

I guess i have a probability of being a "mini whale" if i were to dump my coins they would have a minor effect on the price.  Grin
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June 18, 2015, 07:10:59 PM
 #22

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.

there is also satoshi who is holding the most of any whale, what you consider him a super whale? or just The whale?

there were also, in the past big whales(bigger than 100k) who lost their coins, because of their incompetence

How do you know how much satoshi is holding? because of the same addresses that never moved any money?
I would consider all that money gone. If he wanted to do something with it, he would have done so already. Im starting to believe that either satoshi lost control of the coins somehow and now they are frozen forever, or satoshi is dead. I don't believe anyone can fight the temptation to have tons of millions and do nothing without them for so many years now.

or maybe he predicted a much better price, and this could be the reason why he didn't sold any coin

btw satoshi is holding indeed many coins, because he was the only one that was testing the network at first and with diff 1, you can imagine that blocks went in very quickly

a fast calculation says that he was mining 7200 coins per day, basically all the amount at disposal for the mining, in that era, you need less than half of a year(4-5 months basically), to reach one million...
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October 02, 2015, 12:34:51 PM
 #23

Just wanted to get thoughts and do sort of a survey..

In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?

Responses appreciated Smiley

Follow me on twitter: @cryptotipz

A bitcoin whale can be only Satoshi Nakamoto. Only him has the right to be named in such way: has one million bitcoins. All the remaining people which own bitcoins are mini whalers. Are diverse races so one have more and another less more but yet to much few compared to the one bitcoin whale. 
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October 02, 2015, 05:08:12 PM
 #24

Just wanted to get thoughts and do sort of a survey..

In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?

Responses appreciated Smiley

Follow me on twitter: @cryptotipz

A bitcoin whale can be only Satoshi Nakamoto. Only him has the right to be named in such way: has one million bitcoins. All the remaining people which own bitcoins are mini whalers. Are diverse races so one have more and another less more but yet to much few compared to the one bitcoin whale. 

One million bitcoin is the qualification for being whales means only Stoshi would be the whale. But bigger amount of bitcoins hoarded by a people, may be referred as whale. Mostly the early adopter are whale they got bitcoins for lesser price.
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October 03, 2015, 03:01:27 AM
 #25

A person or a group of people having sufficient resource to influence and decide the bitcoin price movement. Looking at the size of the market cap I think it needs at least 10000 btc to really shake the market. These are mostly early adopters but I wouldn't discount the fact that it could also be government bodies or even large corporations who have their own agenda.

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October 03, 2015, 04:49:23 PM
 #26

Just wanted to get thoughts and do sort of a survey..

In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?

Responses appreciated Smiley

Follow me on twitter: @cryptotipz

A bitcoin whale can be only Satoshi Nakamoto. Only him has the right to be named in such way: has one million bitcoins. All the remaining people which own bitcoins are mini whalers. Are diverse races so one have more and another less more but yet to much few compared to the one bitcoin whale. 

One million bitcoin is the qualification for being whales means only Stoshi would be the whale. But bigger amount of bitcoins hoarded by a people, may be referred as whale. Mostly the early adopter are whale they got bitcoins for lesser price.

Yes whales are mostly the early adopters. Rarely some people would have bought bitcoin for some money.
But whales would be more conscious about bitcoin price, so we need not to worry about them on price impact.

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October 04, 2015, 02:01:54 AM
 #27

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.

there is also satoshi who is holding the most of any whale, what you consider him a super whale? or just The whale?

there were also, in the past big whales(bigger than 100k) who lost their coins, because of their incompetence

How do you know how much satoshi is holding? because of the same addresses that never moved any money?
I would consider all that money gone. If he wanted to do something with it, he would have done so already. Im starting to believe that either satoshi lost control of the coins somehow and now they are frozen forever, or satoshi is dead. I don't believe anyone can fight the temptation to have tons of millions and do nothing without them for so many years now.

Or the NSA created bitcoin as a social experiment on the practicality of a decentralised financial system.

Please don't scare me anymore than I already am.  Shocked
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October 04, 2015, 03:07:30 AM
 #28

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.

there is also satoshi who is holding the most of any whale, what you consider him a super whale? or just The whale?

there were also, in the past big whales(bigger than 100k) who lost their coins, because of their incompetence

How do you know how much satoshi is holding? because of the same addresses that never moved any money?
I would consider all that money gone. If he wanted to do something with it, he would have done so already. Im starting to believe that either satoshi lost control of the coins somehow and now they are frozen forever, or satoshi is dead. I don't believe anyone can fight the temptation to have tons of millions and do nothing without them for so many years now.

Or the NSA created bitcoin as a social experiment on the practicality of a decentralised financial system.

LOL. No, it was just satoshi. He just put all the pieces together coherently. And if his coins ever move, it will be headline news, so don't worry about it. Wink
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October 05, 2015, 09:19:03 AM
 #29

It's quite sad, but the state of wealth inequality we see in countries will probably precipitate to Bitcoin as well. Sure, large holders early on will hustle and tustle, but eventually it'll become more centralised if it hasn't already.

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October 05, 2015, 12:16:28 PM
 #30

we can find out who the Bitcoin whale by checking the names and number of bitcoin he had, you'd better start finding out now and tell me if you have found  Grin
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October 20, 2015, 01:34:54 PM
 #31

Owners of huge amount of bitcoin. So they can manipulate bitcoin's price alone.
They may be ex regular guys who joined early by luck or,
They are dark shadowy characters with power.

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October 20, 2015, 01:36:53 PM
 #32

A bitcoin whale is someone who controls a huge amount of bitcoin  for example 100000 bitcoin. A whale probably has a HUGE capital which can sell or buy without making any losses.

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October 20, 2015, 11:55:34 PM
 #33

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.
I'm wondering how many wallets there are with more than 100k Bitcoins.


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October 21, 2015, 01:42:15 AM
 #34

Just wanted to get thoughts and do sort of a survey..

In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?

Responses appreciated Smiley

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Those people that holds a lot bitcoins maybe those older ones that have collected many bitcoins before.
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October 21, 2015, 07:17:18 AM
 #35

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.
I'm wondering how many wallets there are with more than 100k Bitcoins.

bitcoinrichlist is taked down unfortunately, but i was aware about at least 10 of them, if this changed recently, i don't know, but it was not sure if those belong to one single different entity or a group or something else
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October 21, 2015, 07:51:54 AM
 #36

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.
I'm wondering how many wallets there are with more than 100k Bitcoins.

bitcoinrichlist is taking down unfortunately, but i was aware about at least 10 of them, if this changed recently, i don't know, but it was not sure if those belong to one single different entity or a group or something else

Most of the whale bitcoin addresses are from early adopters. So my guessing on bitcoin whales must be only very few people who got chances to get bitcoin in it's early stages. Later people might have hesitated to invest into bitcoin. So, there is a less possible for whales who bought bitcoins.

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October 21, 2015, 07:59:55 AM
 #37

Bitcoin Whale: Have 100,000 BTC + holdings

Bitcoin Mini Whale, Dolphin whatever LOL: Have 20,000 BTC + holdings.
I'm wondering how many wallets there are with more than 100k Bitcoins.

bitcoinrichlist is taking down unfortunately, but i was aware about at least 10 of them, if this changed recently, i don't know, but it was not sure if those belong to one single different entity or a group or something else

Most of the whale bitcoin addresses are from early adopters. So my guessing on bitcoin whales must be only very few people who got chances to get bitcoin in it's early stages. Later people might have hesitated to invest into bitcoin. So, there is a less possible for whales who bought bitcoins.

Anyone can become a Bitcoin Whale, if they buy a large quantity of Bitcoins. You do not have to be a early adopter to qualify as a Bitcoin whale. There might even be wealthy business people, who came in late and operated successful businesses. < Patrick Burn or some of the online gambling operation >

Early adoption does not make you a whale, some of those people already spend most of those coins on Lambo's and ladies. ^hmf^

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October 22, 2015, 02:28:18 PM
 #38

I see Bitcasino.io has 63 900 BTC in Slot Jackpots. Do they physically have those coins or do they just offer that amount of coins, when people win these jackpots at different times?
It would be interesting, if someone could quote statistics on price movement on exchanges for the different amounts.
A whale should be someone, who can move the price of Bitcoin when he/she sells their coins. If that is the case, you are defined as a whale in my books. 



Those 63900 BTC are there, but they dont belong to casino, but to people that invested BTC there, and get part of profit Casino makes. With Bitcoin is always that you cant have the imaginary ones. If you think you have them then they are not Bitcoins.

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enhu
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October 22, 2015, 02:42:34 PM
 #39

Aren't they the ones who can affect prices and pump and dump?
Whales can mean they can eat investors alive by making hypes about price going up but then these whales dumps to gain making investors look like sardines lol

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October 22, 2015, 06:11:22 PM
 #40

It will change a lot thought time since yo uhave to consider the current price. In the future, anyone holding something like 21 BTC may have a decent impact on the market, as of right now while we are still on the early stages, here is how I see it at the current prize:

100 BTC: shark
1000 BTC: small whale
10000 BTC: medium whale
100000 BTC: big whale
1000000 BTC: satoshi
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