Why the big whales are not cashing out?

[Rinder]

Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.

I do agree as a whale you will try to maximize their portfolio, knowing bitcoin halving of 2016 and 2020 whales wouldnt cashout unless they need the money for something. Those are people that are able to make huge ammount of money with a small change at crypto currencies.

[Ayers]

Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.

yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future

[PokerFace3]

Some of them may have lost their private keys - good for the rest of us

That is wishful thinking. 
They might be bullish in the medium to long-term. Unlike the rest of us, big whales don't have any immediate requirement of funds and can afford to hold for the long-term.

Yes that is right to say the big whale have big investments, maybe more than our expectation, and they do not need it to change it into fiat or to use it online to fulfill their needs, therefore they can hold their bitcoin for a long time. May that is the reason that they are not going to sell their bitcoins.

[richardsNY]

Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.

yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future

It's wrong to assume that someone with tens of thousands of coins could live their entire life with 1000 BTC. Mainly because of the fact that their living standards being way higher than the standards of the average person. But then again, if you just live your entire life as a stingy person, then yes, you don't have to work anymore with around 1000 BTC ~ $790,000.

[Seansky]

Big whales is surely cashing out on every pumps that happen but they don't cash out all of their assets in bitcoin that easily. They don't do that mainly because they see potential that bitcoin's price will rise more and because of it they still buy some when the price is low for them. Also if they dump their coins it will cause a huge price dump IMO so Ill rather not see it soon.

[tee-rex]

Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.

yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future

Well, I didn't think about it in this way really, but I agree with you that if you have 100K bitcoins and don't have as much wealth in dollars, it would be reasonable to convert at least half of your wealth to fiat and then watch patiently how Bitcoin takes over the world. There is another reason that just came into my head. This might as well be kinda pissing contest among top Bitcoin holders, which rank you will get in the future Bitcoin world.

[Positid]

Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.

yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future

Well, I didn't think about it in this way really, but I agree with you that if you have 100K bitcoins and don't have as much wealth in dollars, it would be reasonable to convert at least half of your wealth to fiat and then watch patiently how Bitcoin takes over the world. There is another reason that just came into my head. This might as well be kinda pissing contest among top Bitcoin holders, which rank you will get in the future Bitcoin world.

This people has no satisfaction and that amount could be big to us but they will continue to work it to grow, I have a little contentment because I just want to live a simple and peaceful life, so my goal in the crypto is just to earn 100 BTC then I stop.

[tee-rex]

Most of us are probably going to live a few more decades. Imagine yourself as a whale, if you're going to dump your coins, you're not going to dump all of them at once. You dump it whenever you feel like it or whenever you think that the price is relatively high. You're going to live long enough to see the price of bitcoin increase a lot, there's no reason for you to sell all your coins at this price unless you need some serious cash in real life.

yeah but whales are those people with 100k bitcoin, or at least 10k, they can in theory leave with 1k bitcoin for the rest of their live, so there is no reason for them to hold the other 9k or 90k bitcoin, this is the point of the Op imho, and it's right, maybe they are just too greedy and with be very very rich and famous in the future

Well, I didn't think about it in this way really, but I agree with you that if you have 100K bitcoins and don't have as much wealth in dollars, it would be reasonable to convert at least half of your wealth to fiat and then watch patiently how Bitcoin takes over the world. There is another reason that just came into my head. This might as well be kinda pissing contest among top Bitcoin holders, which rank you will get in the future Bitcoin world.

This people has no satisfaction and that amount could be big to us but they will continue to work it to grow, I have a little contentment because I just want to live a simple and peaceful life, so my goal in the crypto is just to earn 100 BTC then I stop.

We can't know that for certain. To be honest, I think there are different people among cryptowhales, some of them might be quite content with what they had mined many years ago and don't want to trade or buy more bitcoins at all. Some may be the opposite of the first, and they can be greedily adding to their stack of bitcoins like there's no tomorrow. The common denominator is that, though, they all don't seem to be particularly predisposed to get rid of their stashes in their entirety.

[bitbob82]

Some of them may have lost their private keys - good for the rest of us

That is wishful thinking. 
They might be bullish in the medium to long-term. Unlike the rest of us, big whales don't have any immediate requirement of funds and can afford to hold for the long-term.

Yes that is right to say the big whale have big investments, maybe more than our expectation, and they do not need it to change it into fiat or to use it online to fulfill their needs, therefore they can hold their bitcoin for a long time. May that is the reason that they are not going to sell their bitcoins.

yes agree with you, i also think that the big whale have do not need to use their bitcoin as the do not feel to do so, because they have a lot of bitcoin may be more than our expectation.

[coinplus]

May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking

yes and this is what the people do with their bitcoin in their wallet, they wait for increasing of the price so they can make sweet profit and its really worth to hold it for some of the time. or they make trading in altcoins to give support for the altcoin and make increasing to with altcoin price.

To me if you feel that the big whale are no going to start selling then you must be careful and try to invest your bitcoin in so good potential investment, through this way you can keep yourself safe and can avoid risk. And when you feel the investment safe in bitcoin then you should keep investing your money in bitcoin again and again.

[tee-rex]

May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking

yes and this is what the people do with their bitcoin in their wallet, they wait for increasing of the price so they can make sweet profit and its really worth to hold it for some of the time. or they make trading in altcoins to give support for the altcoin and make increasing to with altcoin price.

To me if you feel that the big whale are no going to start selling then you must be careful and try to invest your bitcoin in so good potential investment, through this way you can keep yourself safe and can avoid risk. And when you feel the investment safe in bitcoin then you should keep investing your money in bitcoin again and again.

I feel like I don't quite understand your point. If you are holding bitcoins, it doesn't matter where you invest them because you would still bear the risk of cryptowhales cashing out and Bitcoin price collapsing due to that. It seems that there are enough big whales that could do that, therefore your investments will never be safe in this regard.

[phyre]

Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.

[tee-rex]

Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.

But that doesn't mean that they can't cash out, right? Since we don't see price falling to single digits as you assume it means either that they are not massively cashing out or that they in fact do but it doesn't affect the price so much. If you ask me, some of them might decide to cash out at the end of the day, and some of them should have done exactly that already, for example, because of contingency or similar unforeseen events. It could also be that there are no big whales as such, apart from 1M bitcoins held by Satoshi himself, or they have simply lost their keys.

[rajasumi2]

Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.

[Supercrypt]

Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.

Yes, those people who are holding a large amount of bitcoin don't want to cash it out  because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear.

[Arcteryx]

The whales see it as an opportunity for them to make even more so why would they cash out so soon.
They are riding the waves as is most if not everyone else who is holding right now.
I don't think anybody is selling at this point in time.

[X-ray]

Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.

Yes, those people who are holding a large amount of bitcoin don't want to cash it out  because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear.

you just too suspicious to your govenrment. is your government had ever seized someone bitcoins? . the government can't just take control of your bitcoin without reason and if you have exchanged your bitcoin in legal site then it will be fine. if you are obligated to pay taxes few percents of your bitcoin then just pay, everything will be fine

[jondeen707]

Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.

Yes, those people who are holding a large amount of bitcoin don't want to cash it out  because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear.

you just too suspicious to your govenrment. is your government had ever seized someone bitcoins? . the government can't just take control of your bitcoin without reason and if you have exchanged your bitcoin in legal site then it will be fine. if you are obligated to pay taxes few percents of your bitcoin then just pay, everything will be fine

You're just being too paranoid, no government can technically accomplish this due to the decentralized nature of bitcoin. Obviously, they have already given up on this idea completely.

[jondeen707]

Big whales can't cashout without dropping the price to single digits. The market isn't large enough to offset significant sell offs. You'd have to sell coins at a slow trickle for months and months to safely cashout.

But that doesn't mean that they can't cash out, right? Since we don't see price falling to single digits as you assume it means either that they are not massively cashing out or that they in fact do but it doesn't affect the price so much. If you ask me, some of them might decide to cash out at the end of the day, and some of them should have done exactly that already, for example, because of contingency or similar unforeseen events. It could also be that there are no big whales as such, apart from 1M bitcoins held by Satoshi himself, or they have simply lost their keys.

One of the greatest things about bitcoin is that you can't know it for a fact if there are the so-called whales or not. Surely there are those who are heavily invested in bitcoin. Needless to say they are also aware of bitcoin's liquidity levels that are still pretty low, so a massive sell-off will most likely push the price downward and this is, obviously, not something they are interested in, at least for now.

[DoublerHunter]

If all or most of the whales will cash out or sell all their coins then it will be affect the market and the price and it can cause for bitcoin to touch $200 again or even lower because those whales have the large amount of bitcoins and if they do panic selling or massive selling on the market then it will make bitcoin's price cheap again.