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Author Topic: What is a whale?  (Read 4512 times)
Golftech
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September 11, 2017, 03:35:35 AM
 #81

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.
that's their job move and shake the market for their own benefits, whales are those who can influence certain moves if they played with any coins they make it sure that they will gain a lot its a big money involve to play with the market so for sure they have millions of money worth to become one.
swscowods
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September 11, 2017, 12:02:50 PM
 #82

What is your definition of a whale? How many BTCs do you need to have to be a whale?
In a normal explanation, a whale is a very big aquatic mammal that possesses lot of weight and occupies large space, so is also a whale in the market, someone or something that has a lot of coin and is a heavy investor.
karmamiu
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September 11, 2017, 12:28:09 PM
 #83

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.
that's their job move and shake the market for their own benefits, whales are those who can influence certain moves if they played with any coins they make it sure that they will gain a lot its a big money involve to play with the market so for sure they have millions of money worth to become one.
               Yeah i probably agree with you. Honestly before when i was just starting here in trading or even in this forum, i doesn't really believe from those big time whales or something like that, but when honestly i have seen one of them face to face, therefore i concluded that they do really exist. At first i was so amazed because it is a pleasure to meet one, but at the same time i was being scared and started to realize that there are people out there that are really rich and doesn't scared to bet and gamble their money.

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Bastime
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September 11, 2017, 12:59:41 PM
 #84

Bitcoin has whales too same with world trading game. They are a group of capitalists or investors that can control the trade value that might profitable for them in any trade and alike. They can buy huge amount of Bitcoin and sell into dropped value or higher. Whales can manipulate the sea and so as the market. Big whales has a major role on Bitcoin's success and they can also dump the value if they would have to.





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ArrogantPeacock
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September 11, 2017, 03:20:30 PM
 #85

there is no specific number that defines a whale, as long as you have a stack big enough to move the market and to increase/decrease fluctuation, you are considered a whale
erwan
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September 11, 2017, 03:28:36 PM
 #86

whale is a person or company that has a stock or a lot of capital.
usually they are people who can control the price of a market.
capital needed to be a whale of about 100-1000BTC or more.
Potato Chips
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September 11, 2017, 05:10:03 PM
 #87

whale is a person or company that has a stock or a lot of capital.
usually they are people who can control the price of a market.
capital needed to be a whale of about 100-1000BTC or more.

The capital doesn't really have to be at least 100 btc, it actually depends on a cryptocoins market cap. do you know that not all rich people can be a whale? but also an average

guy who's receiving decent income. for example, If a coins market cap is $10000 you can be a whale with $3000+. Low market caps are typically with newly released coins or

undervalued ones. the 1000+ btc can be used to more popular cryptocoins. being a whale is really nice as you can always influence the market

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sam53
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September 11, 2017, 07:18:01 PM
 #88

What is your definition of a whale? How many BTCs do you need to have to be a whale?
In a normal explanation, a whale is a very big aquatic mammal that possesses lot of weight and occupies large space, so is also a whale in the market, someone or something that has a lot of coin and is a heavy investor.
Although your comment very "normal" but it makes me cannot stop laughing haha. Whales on the market are people have a huge of money, maybe we cannot imagine that amount and they also controller our market, simple is that.
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September 12, 2017, 05:21:38 AM
 #89

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.
that's their job move and shake the market for their own benefits, whales are those who can influence certain moves if they played with any coins they make it sure that they will gain a lot its a big money involve to play with the market so for sure they have millions of money worth to become one.
Lol... Do you think the traders who has large of money in bitcoins bitcoins always get money in every single positions of trading? I don't think so, they are not gods sometimes they must doing stop lost in trading. Because of they have big money doesn't mean they are never lose in trading, i am not sure they always made big profit but i am sure the bagholders can made constant profit from trading, there are no guarantee the the people who have much money will getting large of profit in trading, that is why i love trading poor and rich people has same chance in trading.
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September 12, 2017, 05:25:50 AM
 #90

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 owns a lot of capital, and is able to influence trade, whether to drop prices, or raise.
DevilSlayer
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September 12, 2017, 05:38:58 AM
 #91

For me, Whale is a company or people that are really powerful. They are the ones that can influence the price of different coins and also they can change it. Those whale are owning of hundreds and thousands of BTC.
Sengoko
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September 14, 2017, 10:49:38 AM
 #92

What is your definition of a whale? How many BTCs do you need to have to be a whale?
In a layman’s term, a whale is the biggest mammal on earth, and it is also an aquatic animal. But in the investment world, a whale is an heavy or should I say a loaded investor who holds a lot of stock and other commodities.
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September 14, 2017, 10:58:00 AM
 #93

For me, Whale is a company or people that are really powerful. They are the ones that can influence the price of different coins and also they can change it. Those whale are owning of hundreds and thousands of BTC.
If you do have hundreds of thousand Bitcoin holdings for sure you would really consider that as a whale which would really affects price when they tend to dump those coins or even bought on big amounts.Whale is considered as a rich investor,company,cooperative which do have the funds to put on which do really affects prices when they decide to buy or sell a coin.

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Nicol3
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September 14, 2017, 11:22:52 AM
 #94

I think a whale is someone who has a huge financial capacity to buy a lump sum amount worth of for example bitcoins. I don't think they have specific amount of BTC but as long as the value of BTC they are holding can affect the trading then those people are considered to be whales. They control the pump and dump of coins.

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September 16, 2017, 02:50:05 AM
 #95

What is your definition of a whale? How many BTCs do you need to have to be a whale?
The whale are the traders who has large of money in exchangers, they can manipulate the price be going up and going down, but they also can makes money in trading, usually they are full time in trading they doesn't have any other jobs except trading only. I am not sure to be whale must have large of bitcoins due to if we don't have any skills related trading, how much amount of bitcoins will be lost, to be whale is not about how many bitcoins be needed but how many bitcoins can be made on trading.
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September 16, 2017, 03:47:21 AM
 #96

Whales in real meaning is a fish that swallow everything on the way it's swimming.
Whales in cryptos meaning is some group has power to control the price up or down . Then they will swallow all the people who is confusing about don't know sell or buy. HaHa
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September 16, 2017, 03:53:36 AM
 #97

What is your definition of a whale? How many BTCs do you need to have to be a whale?
This one who is now very active in the market, due to the drop in the price of bitcoin. He buys, of course, not just one coin, having a lot of money, he can invest in a dozen coins, and he never fails, he knows how to minimize his risks.

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September 16, 2017, 04:55:32 AM
 #98

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.
Yeah you are correct. Whale is the person who have many bitcoins and have high capital. There are the influential one's that can change the price of the bitcoins and altcoins. Whales are the richest person in this cryptocurrency world.
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September 16, 2017, 05:20:31 AM
 #99

What is a whale?
It is something that I have to catch Smiley
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September 16, 2017, 05:55:42 AM
 #100

From articles of wikipedia about Ocean whale : " Whales are a widely distributed and diverse group of fully aquatic placental marine mammals. They are an informal grouping within the infraorder Cetacea, usually excluding dolphins and porpoises. Whales, dolphins and porpoises belong to the order Cetartiodactyla with even-toed ungulates and their closest living relatives are the hippopotamuses, having diverged about 40 million years ago."

Whales in crypto : "The term “whale” is frequently used to describe the big money Bitcoin players that show their hand in the Bitcoin market. The ocean as a metaphor for the market is apt, since one can then extend it to include the big fish and the small fish; sharks; rallies as feeding frenzies; waves as market moves; and so forth. It may be, however, that the term “whale” has been applied to the wrong class of investor because the players described below are truly the biggest creatures in the ocean."
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