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SummerBliss
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March 15, 2018, 03:00:08 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
The term whale is often used to describe a individual or community with huge financial resources and capital that can influence the prices of these coins in respect to this market.It is also speculated that there are group of whales that manipultes the bitcoin prices and can create pump and dump situation in market.They influence the direcrion of prices in market.But in small exchange a person with less capital can be termed as whale whereas in large exhange huge capital resources are required to be categorized under this section. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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ssuchy
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March 15, 2018, 05:49:29 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
The term whale is often used to describe a individual or community with huge financial resources and capital that can influence the prices of these coins in respect to this market.It is also speculated that there are group of whales that manipultes the bitcoin prices and can create pump and dump situation in market.They influence the direcrion of prices in market.But in small exchange a person with less capital can be termed as whale whereas in large exhange huge capital resources are required to be categorized under this section. I agree that the whale is called the holders of a large number of funds in the crypto currency. but In some cases, they do very badly with other coin holders, since they are unfairly influencing the market with their capabilities . |
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jack8989
Member
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Activity: 331
Merit: 10
StartFi
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March 15, 2018, 08:06:11 PM |
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Whale is a kind of person who hold a large number of that coin to speculations for making their own profits.
They can control the price in their hand with that advantage easily and the victims of them are the panic selling and small investors, they're all be swallowed by the whales immediately.
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Arz26
Newbie
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Activity: 98
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March 16, 2018, 08:31:24 AM |
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The term is using in BTC which means a big capital, big money Bitcoin players that show their hand in the Bitcoin market. Has been applied to the wrong class of investor because the players described below are truly the biggest creatures. The largest players have to stagger and obscure their market entries by splitting large trades into hundreds or thousands of small orders.
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Saidmod
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March 16, 2018, 08:44:14 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
It comes to be a person that having a large amount of bitcoins in trading like a real whale that is large who can eat all the small time traders. Technically this whales are capable or they can make the market move up or down by theie ownself. For me to be called a whale they have to be atleast 50btc. |
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el kaka22
Legendary
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Activity: 3514
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www.Crypto.Games: Multiple coins, multiple games
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March 17, 2018, 10:03:45 AM |
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The whale is the market participant who has more than 1000 bitcoins. If a market participant has a smaller number of bitcoins, then this is a dolphin. This is my personal classification and you can not agree with it.
We really do have funny guys on this thread and I really appreciate for making me to laugh after reading your post. However, I do not have up to 1000 bitcoins but please, I am not a dolphin  … 1000btc is actually a lot anyway, and usually a whale is someone who has a lot of stake in the market to be able to move it in their direction, and it does not have to be only btc. At least, I am happy to be a whale in one of the altcoins that I invested in during the ICO and it feels good though. Also, one thing is that whales sometimes usually come together to make a collective decision in the market. |
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TriplexXx
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Activity: 176
Merit: 10
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March 17, 2018, 11:44:42 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
250 BTC, but normally the term 'whale' is often referred as a group of wealthy bitcoiners that attempts to manipulated a certain coin in the market for their own financial gain. |
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whyrqa
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March 17, 2018, 03:23:28 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
It comes to be a person that having a large amount of bitcoins in trading like a real whale that is large who can eat all the small time traders. Technically this whales are capable or they can make the market move up or down by theie ownself. For me to be called a whale they have to be atleast 50btc. It seems to me that 50 Bitcoin is too small to have the status of a whale. Apparently, such opportunities are not enough for new users. These are the people who started working with Bitcoin at the beginning of his birthday. |
#business #forextrader #bitcoinnews #invest
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Mia_pikachu
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Activity: 333
Merit: 11
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March 17, 2018, 03:42:20 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
Maybe to be a whale must have a lot of BTC, and as a whale we should be able to do market movements, and should know how we can eat small traders, maybe being a whale is not easy and certainly requires a lot of experience, not just have some BTC that's my opinion . |
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aishyoo17
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March 17, 2018, 04:17:05 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
It comes to be a person that having a large amount of bitcoins in trading like a real whale that is large who can eat all the small time traders. Technically this whales are capable or they can make the market move up or down by theie ownself. For me to be called a whale they have to be atleast 50btc. It seems to me that 50 Bitcoin is too small to have the status of a whale. Apparently, such opportunities are not enough for new users. These are the people who started working with Bitcoin at the beginning of his birthday. I think it dependa which country are you from because in mine 50 BTVC is already a big amount of money if you will convert it to fiat. And yes mostly of the whales are those who was able to bought btc when it was very cheap and of course expert traders also have a lot of bitcoin with them and the rich people. Mostly whales are the one who manipulate the market and they are the people who can essily make a coin move either up and down. |
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Kurokyy
Full Member
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Activity: 448
Merit: 100
LETS GO ADAB
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March 17, 2018, 04:20:57 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whales are those big time investors in crypto currency market, maybe its a group of people and not just a single person. They are the one who cause manipulation of some coin value in the market. I think you need to have at least 100 btc to be called whales. |
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aurorabitcoin.96
Member
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Activity: 210
Merit: 10
Never DO AIRDROPS
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March 17, 2018, 04:43:28 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whales don't play with BTC, they control it with their Money Power. Bitcoin just assets that they controlled by Much Money. You can see Mt.Gox example, and i dont know Mt.Gox can we said it as Whale? |
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brainryan
Newbie
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Activity: 111
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March 17, 2018, 04:55:53 PM |
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What is your definition of a whale?
I think the whales are always camouflaged and anonymous to this world. We invest in the market later, which means dependency and default. No one can predict and avoid whale deterrents or pumps. A share of hope can help you: https://www.ccn.com/bitcoin-whale/ |
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solarion
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March 17, 2018, 05:04:56 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whales don't play with BTC, they control it with their Money Power. Bitcoin just assets that they controlled by Much Money. You can see Mt.Gox example, and i dont know Mt.Gox can we said it as Whale? He is shit, full shitty minded person with out checking the market movement. He completely vanished the all the crypto currency market. If the bitcoin needs to steady in the market big investor means they have to help the bitcoin price bumps up. Whale is actually learn the marketplace movement and help it go bigger. Instead he puts down the market place go cheaper. |
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goaldigger
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March 17, 2018, 11:13:41 PM |
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A whale on the crypto world is refering to some people or organizations who invest a big amount of bitcoin, so huge like a literal whale that if they withdraw it all, it affects the value of it. Admit it or not, they are somehow manipulating the value to increase or decrease it to earn more profit.
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Johnyz
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March 17, 2018, 11:46:51 PM |
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A big whales that can move the crypto market either in a dump or pump one. Those are the great hodlers of coins here that can help us to make money. Cryptocurrency are compose of so many big whales and hopefully their goal is to make bitcoin at a higher price again.
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aardvark15
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March 17, 2018, 11:47:33 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
The term ‘whale’ is a little ambiguous, but I would define it as somewhere in the 1000 Bitcoins range. With current prices for Bitcoin, that’s around 8 million dollars. You could maybe define is as something smaller but the point of the term whale is someone in that has enough to manipulate or influence the market. It has to be a large number to have that affect. |
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Thardz07
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March 17, 2018, 11:48:38 PM |
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The bitcoin whale is frequently used to describe the big money Bitcoin players that show their hand in the Bitcoin market. They show themselves in the exchanges with orders of 1000 BTC, every now and again. Therefore, they can manipulate the market.
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preikaler
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March 18, 2018, 04:04:52 AM |
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I know if the pope is someone who has a large capital in the trade of a coin and they can set the price of a single coin with it. at least they have 1000 btc even more.
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michellee
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March 18, 2018, 08:03:10 AM |
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I know if the pope is someone who has a large capital in the trade of a coin and they can set the price of a single coin with it. at least they have 1000 btc even more.
I think they have more than 1000 btc and I am sure that most of them are in the bitcoin world since the beginning and now they still keep their bitcoin for another year. and they can easily to make the price increase or decrease but I don't think that all of them wants to do this because I think they still want to make a profit from bitcoin and another coin. |
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