What is a whale?

[nickfury]

whales in cryptocurrency is a person who has a lot of BTC and the other Altcoin. They always hunt for little fish to eat, and they can do the market turmoil to make a profit for themselves. I make a profit from the whales 

[d1ceplayer]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

In my personal of definition whale is the traders who can makes constant profit from trading activity, however the situation of the price for them price goes down or price goes up they always can makes money. I am not sure how much bitcoins be needed to be a whale, but the most important how many the constant profit from trading every day, week and month. That is big questions must be answered by traders than how much the amount of capital to be whale.

I don’t think so if someone is getting a constant profit weekly, monthly and even yearly that will be a whale. What I have studied about whale, it is a person or can be group of individuals who have so huge investments in market that they can make the market price shaking.

[randythered]

In terms of a BTC holding, I would say a whale is probably at a value of at least 250 btc which is about 1m usd. But a whale is very dependent on which market you are trading in, you could be a whale in some markets with less than 1 btc.

[jets567]

I don't really know exactly what's the real amount but i understand whales to be the big olders of BTC. Big in the sense of when they decided any move, Whether go out or go inside the market. They make a very big impact when it comes to the situation of the market. They are the one who dictates the paces whether the market will be going down or going up.

[Taskford]

A whale is a player or a trader who got a lot of money and they can buy a lot or bulk of the coins or even a major percentage of the supply of the coin and they are going into cheap coins because they got the power in that coin and they can manipulate the market and that is how they make a lot of bitcoins because of the power of being a whale.

[xvids]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

My defination of whale is the person who have a huge amount of bitcoin or alt-coin.
The one who could affect the price if they want.

[hdclover]

In terms of a BTC holding, I would say a whale is probably at a value of at least 250 btc which is about 1m usd. But a whale is very dependent on which market you are trading in, you could be a whale in some markets with less than 1 btc.

I would say 250 Bitcoins isn't a big whale in top coins but in some shitcoins they are definately considered as a whale. They not only knows when to buy but also to manipulate the market buy building fake walls. Simply buying in a large amount is necessarily not a whale we are talking about.

[munareal]

 Just like the name implies a whale being the largest creature in the ocean so is the whale in bitcoin markets.They are  those with  big money  say hundreds of thousands of bitcoins .They are mostly institutions.

[PhucS]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

To my knowledge, a whale in the trading world is a very wealthy person who can manipulates prices of some kind of altcoin in the market by injecting large amounts of capital into low-priced coins. build hype and increase prices. Once the prices have increased significantly, whales selling their pennies on the trading floor with huge profits, hurt many investors believing in the process. This involves another method called pump and dump. And those who are not experienced or new trader are more likely to be trapped and suffer losses

[capoeira]

whales are kind of a myth. not that they do not exist, but them selling or buying wont move the market if there is noone following.
who move the markets are the sharks   they join together and do pumps'n'dumps

[bitbunnny]

whales are kind of a myth. not that they do not exist, but them selling or buying wont move the market if there is noone following.
who move the markets are the sharks   they join together and do pumps'n'dumps

But like you have said, they can't do anything alone, users have to follow. But I still think their influence on.market is a bit exaggerated and I think there are not so many whales people believe and they don't have so much Bitcoins people think they do.
Nevertheless I would like to know just for curiosity how much Bitcoins does the bigest whale has.

[elimi]

whales are people who have large capital and can play with the market, have the ability to increase and lower the market, not just one market, but almost all markets. I can not identify how many bitcoins we should have as whales but the point is that as long as you have big capital in fiat and bitcoin then you are the pope.

[Nerman]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

I my opinion they are the one who can control the market or they can pump and dump a particular coin by only their ownself.
I think you may call yourself as a whale if you play around 10btc or higher in the market.

With the pump and dump most of the time are group of people who do it.

I think with 10 BTC you cannot control the market that is to little in my opinion.

I will consider a person a whale when they have a million dollars worth of Bitcoin.

[Footmanred]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

A whale is the one who can shake our nerves by changing the price of this or that coin. He has clear goals, and ordinary users suffer. In fact, at the very beginning of bitcoin development people were getting high enough and now they just regulate the market for themselves.

[rizkyfebrian213xx]

hmm whale..
in my opinion , whale is people who buy more coin in Buy Order and use much ETH or Bitcoin , or other coin
so , if you see in Buy Order in major exchanges like Poloniex , HitBTC , CoinExchange and many more
and they buy with maybe 0.1 BTC ++ or 1 ETH ++ , its called "Whale"
*correct me if i'm wrong hehe

[marlboroza]

In terms of a BTC holding, I would say a whale is probably at a value of at least 250 btc which is about 1m usd. But a whale is very dependent on which market you are trading in, you could be a whale in some markets with less than 1 btc.

That is certainly not a whale.
Whale is someone who has 10000+ bitcoins and can fuck up the market.

hmm whale..
in my opinion , whale is people who buy more coin in Buy Order and use much ETH or Bitcoin , or other coin
so , if you see in Buy Order in major exchanges like Poloniex , HitBTC , CoinExchange and many more
and they buy with maybe 0.1 BTC ++ or 1 ETH ++ , its called "Whale"
*correct me if i'm wrong hehe

You are wrong, that is a plankton. Whale eats plankton. I hope you will get the picture 

[Ayiranorea]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

A whale is the one who can shake our nerves by changing the price of this or that coin. He has clear goals, and ordinary users suffer. In fact, at the very beginning of bitcoin development people were getting high enough and now they just regulate the market for themselves.

In my view users who keep hold of thousands of bitcoin or a large volume of bitcoin were termed to be a whale. These people tend to manipulate the price when they wish making a move as a large scale. Also sometimes they're the one who circulate FUD to make the small volume holders get into panic.

[farhaan]

A whale is termed to a trader who has huge volume of bitcoins which is enough to manipulate the bitcoin price.smaller the market,greater the influence of big whales.Earlier when chinese dominated the BTC world with more bitcoins in their hand,they manipulated the price many times easily.But when bitcoin market grew wider having users all over the world,they lost their dominance.But in altcoin market where marketcap is very small,big whales frequently manipulate the altcoin prices.

[edisystem]

What is your definition of a whale? How many BTCs do you need to have to be a whale?

People call someone a "whale" because of he/she has many coins like he have 10,000 bitcoins or even more and when he dump/pump the coins, it will creat a chaos on the market. There is no real definition of a whale though, whale also means he is a rich man that have many bitcoins/altcoins.

[waitforme]

Whales are the only people with large capital that they can use to control the market. When they are on a buy or sell order they can lead to a sudden increase or a sudden drop.