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Author Topic: What is a whale?  (Read 4026 times)
loicuagio1979
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April 23, 2018, 02:40:23 PM
 #301

"The term 'whale' refers to an investor with deep pockets who can move the market by buying or selling in large volumes. Given the relatively modest market caps of crypto assets compared to other sectors, the movements of crypto whales can provide important price signals to alert investors. The term 'Whale' comes from the traditional financial markets and was recently used in mainstream media to describe former J.P. Morgan trader, Bruno Iksil, a.k.a the “London Whale”, who generated a loss of $6.2 billion trading credit derivatives for the bank’s Chief Investment Office (CIO). " - Source: https://bravenewcoin.com/news/how-whales-influence-the-price-of-bitcoin/

You can find the full definition and deeply understand who the whales are, how the whales trade btc, what and why the whales influence the crypto market and so on following the link here: https://bravenewcoin.com/news/how-whales-influence-the-price-of-bitcoin/

I find this article useful and we are just the Nemo fishes. It's better to identify and follow the Whales

Best regards
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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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Kambal2000
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April 23, 2018, 04:00:42 PM
 #302

What is your definition of a whale? How many BTCs do you need to have to be a whale?
As far as I know Whales are Rich because they own A lot of coins it's like they own the almost 1/4 to 1/2 of the total allocation for all investors and ICO participants. They owned big money in their accounts. It's like 10 BTC is really small amounts for them.
They are the rich one, who are willing to invest higher because they know the potential income that they can get from investing big in it. They are called whales because they are creating big impact about the value of bitcoin, if they buy value gets higher and if they sell the value became low too.
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April 23, 2018, 04:06:34 PM
 #303

whale is also trader like us but they will be investing a large amount of funds in trading so which indirectly controlls the cryptomarket. So they play a major role in the pump and dump of the market.
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April 23, 2018, 04:26:02 PM
 #304

Whale is the truth and its presence in the market is accelerating the fluctuation / dumping. We can not replace that. And it's part of creating a specialty of the crypto market.
https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market
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April 23, 2018, 06:57:23 PM
 #305

whale is also trader like us but they will be investing a large amount of funds in trading so which indirectly controlls the cryptomarket. So they play a major role in the pump and dump of the market.
In spite of the fact that earlier it was said that it was impossible in any case, we still observe constant intervention and manipulation of prices on stock exchanges. That's it these guys - whales do everything possible to increase their incomes, despite our outrage with you.

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April 23, 2018, 07:05:37 PM
 #306

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

Whales are also traders that has a huge amount of money, it is huge that in fact it can change the current price of a certain coin. It can either make the market down or up any time they want. Whales are huge investors, and there are a lot of whales, we cannot tell how many whales are out there trading, manipulating or playing around the market.

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April 23, 2018, 07:25:09 PM
 #307

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

Whales are also traders that has a huge amount of money, it is huge that in fact it can change the current price of a certain coin. It can either make the market down or up any time they want. Whales are huge investors, and there are a lot of whales, we cannot tell how many whales are out there trading, manipulating or playing around the market.
Big investors that can handle everything and they can manage for what may happen i mean they hold more and they can control everything.

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April 24, 2018, 12:04:32 PM
 #308

Whales are the one who have the power to control the money in the market. One move from them can either pump or dump the coins. That's how powerful a whale is in the economy. But I know for sure, all our project can't go in vain.

You can say as a trading player who has a lot of capital. that is in my knowledge, may be different from the assumptions of others. I think the whales are just a name for many bitcoin owners and control some of the price in bitcoin
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April 24, 2018, 12:41:36 PM
 #309

Whales are the one who have the power to control the money in the market. One move from them can either pump or dump the coins. That's how powerful a whale is in the economy. But I know for sure, all our project can't go in vain.

You can say as a trading player who has a lot of capital. that is in my knowledge, may be different from the assumptions of others. I think the whales are just a name for many bitcoin owners and control some of the price in bitcoin

   Trader is any person with some capital. Whales are not necessary Bitcoin owners, whales are people with huge capital, so huge to hold a very
big part of the market. With so huge capital they affect supply/demand. There are a lot of whales with different agendas, they are enemies to
each other.
   They do not control money in the market. With one part of the market and with good news spinning they can create huge demand and interest,
or to create panic. Either way with their capital, I believe they need to have Bitcoin`s and fiat, they create top`s and bottom`s, and in trading
who knows where is the top and where is the bottom is the one who is making a lot of profit, in Bitcoin`s and fiat.
   

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April 24, 2018, 01:13:24 PM
 #310

Whales are the one who have the power to control the money in the market. One move from them can either pump or dump the coins. That's how powerful a whale is in the economy. But I know for sure, all our project can't go in vain.

You can say as a trading player who has a lot of capital. that is in my knowledge, may be different from the assumptions of others. I think the whales are just a name for many bitcoin owners and control some of the price in bitcoin

   Trader is any person with some capital. Whales are not necessary Bitcoin owners, whales are people with huge capital, so huge to hold a very
big part of the market. With so huge capital they affect supply/demand. There are a lot of whales with different agendas, they are enemies to
each other.
   They do not control money in the market. With one part of the market and with good news spinning they can create huge demand and interest,
or to create panic. Either way with their capital, I believe they need to have Bitcoin`s and fiat, they create top`s and bottom`s, and in trading
who knows where is the top and where is the bottom is the one who is making a lot of profit, in Bitcoin`s and fiat.
   
Yes, a whale is always recognize as a big and large creature on the sea and that is why in crypto market a whale term is used to described people who have own and hold a very large amount of bitcoin or any other coin in the market that their decisions can really affect market changes and movement because they have the capacity to directly change the figure of market supply and demands.

no0dlepunk
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April 24, 2018, 01:32:07 PM
 #311

Whale is somebody who can make waves in the market, either he or she could make huge pumps and dumps. The money doesn't matter to become a whale, its the amount of coins you have - i mean the percent of coins you have for the entire market cap.

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