sweetbet (OP)
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SweetBet.com
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August 23, 2017, 02:11:51 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
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Renji Abarai
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August 23, 2017, 02:27:50 AM |
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A whale s those who has many capital to trade that it can control the trading. They can pump and dump the prices. I do not know how much capital needed but a lot of bitcoin to influenced the prices.
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iamTom123
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August 23, 2017, 02:37:52 AM |
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The use of the word 'whale' signifies something that is big maybe more in terms of financial capacity, capital or resources. In case with cryptocurrency, a whale can influence the direction of trading most especially with a cryptocurrency with a small market base. There are also news that a group of whales can in fact manipulate the trading direction for Bitcoin, though this is still have to be confirmed from someone who is an insider in whale activities. I am not sure if how much funds or money a person or a group must have to be considered as a whale as we could have different perspective on this.
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albert11
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August 23, 2017, 03:29:07 AM |
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The whale called to know me is a whale in the sea. And we know that this is great. So here is the whale called trading. They are looking for a low Altcoins Volume and there they can put a big capital. I do not know how much money they have to raise a Altcoins. There are two so-called whales. One is a group of traders and one is independant. Based on my analysis on the Charts of each Altcoins the sea is the candle sticks and the whale increases if the candle sticks rise means that there is a whale inserted. That's just based on my look at the charts.
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Kemarit
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August 23, 2017, 03:51:31 AM |
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What is your definition of a whale?
A bitcoin whale is generally a person who holds a huge amount of bitcoins in their wallet. And it those whales let say sold a huge chunk of bitcoin, it could have some effect on the price. I think they also manipulate the price from behind using this method. I also believed that this maybe a individual or a group of persons or even a company. So basically they are market movers because of their influence on the price. How many BTCs do you need to have to be a whale?
It depends. Once individual can owns 1000 btc and can be called a mini-whale. And also there are dolphins as well. But those group of person who holds around 10000 or more can be definitely called a whaler. And I think early adopters of bitcoin has literally thousands of btc as well so they can categorically can be called as whale as well. |
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layoutph
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August 23, 2017, 04:23:42 AM |
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A whale is a crypto term to describe a person who has a huge number of coin that can move or manipulate market. I guess if you have a 500BTC you can be called whale.
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VanDeinsberg12
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August 23, 2017, 07:27:48 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
The whales is a person that already had a lot of money and try to bought a lot of the percentage from the crowdsale to manipulate the market like what was happened with the ignis project. There is no limit for the amount that to be owned by the whales. Thousands bitcoin. |
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maokoto
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August 23, 2017, 07:40:37 AM |
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For me is someone that has around 0,5% of the supply, which allows him or her to manipulate price by dumping.
A Whale can be too the one that is going to be a whale, for example, someone that has no BTC but starts to buy great amounts making the price raise.
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zzwensel11
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August 23, 2017, 07:55:53 AM |
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A characteristic of a whale is that he/she is able and willing to actively influence market conditions by applying its relatively large share of the coin supply.
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giveen
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August 23, 2017, 08:33:56 AM |
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A whale is generally a person who holds are huge amount of btc, what a whale normally does is invest is huge amount of btc in a coin , even we invest or buy a coin but the difference is whenever a whale joins the market there is unexpected increase in price.
About being termed as a btc whale there is no specific amount of how many coins you need to have if you make a nice difference in price.
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cubevtc
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August 23, 2017, 08:34:36 AM |
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With 100 btc i am sure can bee a whale
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gamerfan
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August 23, 2017, 08:43:23 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
A whale is a person who have lots of money and is able to manipulate a market. Very often altcoin markets are manipulated by these whales, although I think if a coin has an actual potential, it could become successful regardless of whales. A famous example of whale is Pantera Capital. |
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traderethereum
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August 23, 2017, 09:09:45 AM |
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in my opinion, the whale is a person which have big capital and can play with the market, have ability to increase and decrease the market, not just one market, but almost all market. i can not identified how much bitcoin we must have to be whales but the point is as long as you have big capital in fiat and bitcoin then you are the whale.
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m3mbr44n
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August 23, 2017, 10:24:04 AM |
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A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.
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xhienigat
Sr. Member
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The All-in-One Cryptocurrency Exchange
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August 23, 2017, 11:20:09 AM |
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Whales in trading are those people who have big chunk of money that they use when they trade mostly the whales has a big role in the market they are one of the reasons why there are coins that are pumping and they can also easily dump if they already have enough profit.
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n4poleon
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August 23, 2017, 11:26:24 AM |
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A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.
I heard that whale's oil is a potent substance that can get you awake in days so you can trade furiously. Sadly, this is rare now because America. But don't feel bad I heard that anyone can be a whale at mooncoin and dogecoin markets which is good so there's that. |
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Peppa2304
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August 23, 2017, 05:06:19 PM |
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Superzpay
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August 23, 2017, 09:10:46 PM |
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The use of the word 'whale' signifies something that is big maybe more in terms of financial capacity, capital or resources. In case with cryptocurrency, a whale can influence the direction of trading most especially with a cryptocurrency with a small market base. There are also news that a group of whales can in fact manipulate the trading direction for Bitcoin, though this is still have to be confirmed from someone who is an insider in whale activities. I am not sure if how much funds or money a person or a group must have to be considered as a whale as we could have different perspective on this.
The term whale is used in trading in bitcoins because whales are the biggest creatures in the ocean and they have controlled the power over smaller fish due to their large and bulky body. Whales in bitcoins are looked at similarly because their extensive holdings the business can affect big schools of smaller traders with just a few successful trading methods. They can turn over the whole business and prices. And as said there is no idea of money required to be a whale. I think it is huge, so huge |
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sweetbet (OP)
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Activity: 961
Merit: 110
SweetBet.com
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August 23, 2017, 11:49:44 PM |
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A whale is a big slippery mammal typically with a well-filled belly.
When whales use their big blow hole, surrounding animals get upset.
Smaller mammals also tend to get disturbed by the bow wave of whales that are playing too enthusiastically.
Smart birds ride the back of whales.
LOL. Very funny  ))) |
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Slowhand26
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August 24, 2017, 03:46:12 AM |
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is it possible to read or guess when will these whale pump coins in the market? I've been reading some articles about trading since I am new with it. Then I came accross with these youtube videos about predicting movements of whales trading. I heven't watched it actually just want to make sure if those data aren't hoax. I don't want to information overload when it comes to trading.
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