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Author Topic: Who is a Bitcoin whale?  (Read 8114 times)
confirmation120
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October 23, 2015, 06:25:26 AM
 #41

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

Good chart makes me half way to a shark.
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October 23, 2015, 06:55:58 AM
 #42

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

Ok, so then this will be the visualization for the bottom feeders like most of us. ^joke^

1   BTC: Plankton
10 BTC: Krill
20 BTC: Shrimps
50 BTC: Squid
80 BTC: Sardines

They feed the sharks and the whales ^LoL^ and there are millions of them out there. We form a important link in the food chain for the whales to survive.

I am one of those Remora fish, swimming with the sharks. I eat the leftovers after they have fed and I keep them clean and healthy.  http://www.lightandsea.com/Tiger%20beach,%20Bahamas/hi-res/lemon%20shark%20and%20remoras%20fish.jpg


 

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October 23, 2015, 07:12:01 AM
 #43

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

Good chart makes me half way to a shark.

Ok, so then this will be the visualization for the bottom feeders like most of us. ^joke^

1   BTC: Plankton
10 BTC: Krill
20 BTC: Shrimps
50 BTC: Squid
80 BTC: Sardines

They feed the sharks and the whales ^LoL^ and there are millions of them out there. We form a important link in the food chain for the whales to survive.
I am one of those Remora fish, swimming with the sharks. I eat the leftovers after they have fed and I keep them clean and healthy. 

So confirmation120 still in Squad of Squid. And i still on plankton level.  Cheesy
I agree with "1000000 BTC: satoshi"

1M BTC mean $279 x 1M
$ 279M
hmm..
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October 27, 2015, 06:04:18 PM
 #44

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

Ok, so then this will be the visualization for the bottom feeders like most of us. ^joke^

1   BTC: Plankton
10 BTC: Krill
20 BTC: Shrimps
50 BTC: Squid
80 BTC: Sardines

They feed the sharks and the whales ^LoL^ and there are millions of them out there. We form a important link in the food chain for the whales to survive.

I am one of those Remora fish, swimming with the sharks. I eat the leftovers after they have fed and I keep them clean and healthy.  http://www.lightandsea.com/Tiger%20beach,%20Bahamas/hi-res/lemon%20shark%20and%20remoras%20fish.jpg


 

I think 10k BTC you are quite a whale.  with 100k BTC you can drastically shake a market.

But i dont understand last chart, if Shark have 100BTC, how on earth can Sardines have 80.

Here is my chart:
0.5 BTC: sardines 
2 BTC: fish
10 BTC: tuna
50 BTC: dolphin
100 BTC: shark
1000 BTC: small whale
10000 BTC: big whale
100000 BTC: pliosaurus

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Sourgummies
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October 27, 2015, 09:25:02 PM
 #45

Aren't tunas actually much larger than dolphins in reality?

Anyway, whoever satoshi is, if they wanted to exchange, they would have done so already - back in 2014.

Hopefully they aren't dead.
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October 27, 2015, 09:45:20 PM
 #46

the whale has to have something like 1000 bitcoins to use it for gambling or something like that little whale would be the person with 100 btc

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October 28, 2015, 12:45:21 AM
 #47

Aren't tunas actually much larger than dolphins in reality?

Anyway, whoever satoshi is, if they wanted to exchange, they would have done so already - back in 2014.

Hopefully they aren't dead.

I would say they are about same size, but dolphins are smarter.

Actually the Killer whale is is 4-5 times bigger then Tunas and is biggest dolphin in existence.

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October 28, 2015, 12:50:10 AM
 #48

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
I used to be a shark until the goxxing happened. =(

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October 28, 2015, 01:56:24 AM
 #49


I would say they are about same size, but dolphins are smarter.

Actually the Killer whale is is 4-5 times bigger then Tunas and is biggest dolphin in existence.

I actually always thought that tunas were much larger than dolphins. I knew already that dolphins are one of the more intelligent mammals on the Earth. What really bums you out is that they manually breathe, all the time - so they can commit suicide at any point.

I looked up averages and it seems that Atlantic bluefin tunas had a max length of 4.6m and bottlenose dolphins in the Pacific go up to under 4m

Orcas are amazing, though.
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October 28, 2015, 10:34:44 AM
 #50

Bitcoin Whale: Have 100,000 BTC + holdings

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

Nice! They have a lot of bitcoins.
I think they are totally rich.
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October 28, 2015, 10:54:16 AM
 #51

In my opinion to brand someone as a whale, you should be afraid of him starting to sell his coins.

In the current wide spread market distribution a whale would need approximately 30000 bitcoins to move a price significantly down across all exchanges without leverage.
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October 28, 2015, 11:52:15 AM
 #52

In today's world, you need 100,000 bitcoin to be a whale. In 20 year's time, you only need 10 bitcoin to be a whale.
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November 17, 2015, 01:12:36 PM
 #53

In today's world, you need 100,000 bitcoin to be a whale. In 20 year's time, you only need 10 bitcoin to be a whale.

Good point of view. Not static classification but dynamic one. I would be more specific. And will change a little your classification. To be, in this way, more precise (according to me):

Today needed more than 100 000 bitcoin to be whale.
After 5 years needed       50 000 bitcoin to be whale
After 10 years needed       5 000 bitcoin to be whale
After 15 years needed       1 000 bitcoin to be whale
After 20 years needed         500 bitcoin to be whale
After 25 years needed         100 bitcoin ti be whale
After 30 years needed          10 bitcoin to be whale
After 50 years needed           1 bitcoin to be whale

Unfortunately I will be never whale. maybe my daughters with my bitcoins will both whales.
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November 17, 2015, 01:30:16 PM
 #54

I would say if somebody owns more than 1‘000 Bitcoin or equivalent 100‘000 Litecoin or 10 Million Nxt, this could be called a whale for sure in my eyes.

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November 17, 2015, 02:26:18 PM
 #55

Definitely not me. Sad
Being a whale you need to have at least 50k bitcoins.Maybe more.
But with the years coming and going you will need less coins to be one.
Who knows in 2-3 decades 100 coins could be enough to be really wealthy.
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November 17, 2015, 08:49:25 PM
 #56

I'm currently holding 160 BTC for the future. Would you call me a whale? I'm aiming to have 0.1% of all bitcoin in existence Cheesy Then I will be truly happy with my life.
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November 18, 2015, 11:00:35 AM
 #57

For me, it is someone who has a lot of bitcoin.
And also a bitcoin collector.
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November 18, 2015, 03:07:23 PM
 #58

It can be one person or a big company who owns a lot of bitcoins

I think that 1 company holds more bitcoin than 1 single person

They are able to make bigger investments rather than just 1 person
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November 18, 2015, 09:28:56 PM
 #59

LOL according to the chart i am a shark. Shark or not it doesn't matter for our influence on the price.

Only the whales can pump it ;(

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November 18, 2015, 11:44:14 PM
 #60

I agree that some parties investors and miners own the most bitcoins. They should have it since they invested lot's of cash for their equipment.


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