HarryBeroe
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March 29, 2018, 09:43:20 PM |
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in my opinion. whale is a trader who has a very large capital. he can control the price round of one of the coins. To be a whale you should at least have more than 200BTC
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AMLMPS
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March 29, 2018, 10:33:26 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.
n Nice definition about whales. . Thanks for reminding us. I guess its advantage to be a small smal at the back of the whales.
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binghope
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March 29, 2018, 10:34:07 PM |
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Whales are the market takers, they hold large amounts of BTC or they have huge capital resources. When they see a very high BTC price they will sell their BTC rushing to the market and when they sell the BTC, the BTC price will drop, after falling to the point that they may continue to buy large amount of BTC. This will push up prices. That's the whale's trick.
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#davidnugroho
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March 29, 2018, 11:21:35 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
living beings are great and kind and help neighbors and whales not just help same-sex. if we become pope we will certainly have great strength and rich but have a good heart and likes to help others with btc that we have in accordance with my understanding.
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tailwate07
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April 02, 2018, 07:35:08 AM |
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I think it's a whale with a lot of coins. It's like a whale is huge, but whales can hurt some smaller investors because they have a strong price control, which is for smaller investors. Should always be vigilant!
Yes, whale is the title given to a person who is holding a large amount of any digital coin as he proves to be a very rich person and the digital market is somehow dependent on the moves of this whale community. They can really change the weather in the world of crypto coins. Whenever there is a big selling out or investment by these guys, the market fluctuates. It rises up whenever money is spend on coins and goes red otherwise.
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JRoa
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April 02, 2018, 08:15:59 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
I can define the whale that you are talking about is the persons who have so much power to manipulate the price of cryptocurrencies. The whales are the reason why there are pumps and dumps that are happening in the cryptocurrency market.
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Haterstestbtc
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April 02, 2018, 08:27:21 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
I can define the whale that you are talking about is the persons who have so much power to manipulate the price of cryptocurrencies. The whales are the reason why there are pumps and dumps that are happening in the cryptocurrency market. Well, adding some information about whales would be considered as a big capitalist in cryptocurrency today investing money with million dollars into bitcoin and any of those potentail coins in alternate cryptocurrency which the result is becoming biggest correction issues in world trade digital market in which the price are so low.
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tooiu3
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April 02, 2018, 08:37:18 AM |
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This does not depend on the chips in hand. Only the person or team that controls the market price is called a whale.
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jdkfy
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April 02, 2018, 08:37:55 AM |
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I think whales refer to groups that have large amounts of bitcoin, or exchanges. They can manipulate this market. They can withdraw and sell the market and promote market sentiment in the most favorable way.
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TomUyamot
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April 02, 2018, 09:00:50 AM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
If you are in a group of friends that only own a single digit of Bitcoin holding, then you are already a whale if you are holding some 20 Bitcoins. But if you only own a total of 20 Bitcoins, then you are only a small fingerling to a group of Bitcoin fans who own at least 100 Bitcoins. What I mean, apparently, is that the term whale is relative. But there is always a whale above every single whale. And these are those who own thousands of Bitcoins.
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kolega
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April 02, 2018, 10:10:59 AM |
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In my opinion, the whales can be traders, investors or groups of people with budgets comparable to thousands of bitcoins. Accordingly, they can afford to buy and sell for huge sums and thus influence the prices of coins in the cryptocurrency market.
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cheezcarls
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April 02, 2018, 10:40:03 AM |
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For me, a whale is someone who had a large amount of holdings to a particular token. Let’s say YOLO tokens for example, if that guy had bought 5 billion YOLO while others are having low holdings, he can control and manipulate the minds of others either by buying or selling.
Assuming that he bought YOLO at 50 satoshi and selling it at 100 satoshi, and he chooses to dump 25% of his holdings and ends up at just 25 satoshi by creating separate selling orders, it would make newbies and average joes to dump their own as well until it reaches targeted low price for that whale to buy more YOLO to increase his holdings.
The same thing goes to the other coins or tokens that you are holding. You will have a big advantage if you are a whale by playing the minds of the average traders if they keep holding or just dump them all. Just my two satoshis.
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BaraxLo
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April 03, 2018, 10:22:26 AM |
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whales are those who take some of their biggest investments and move on to some altcoins that keep prices up and down in the market
In the world of crypto currencies, there are certain individuals whom you can call big whales and that is because of the reason that they have invested a huge amount of money into this and that they are just like the biggest stakeholders of the crypto market and they can affect the crypto market in so many ways. They can lift as well as can lift down the market value of any of the coin.
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s.mahmood
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April 03, 2018, 01:59:36 PM |
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probably whale is the largest animal in the world so the word "whale" use here to understand largest, I,e who has a large capital. I don't know how much btc holder is called whale. probably it 500 btc or more.
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ngacengan
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April 03, 2018, 02:10:53 PM |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
I think the pope is just a title for many bitcoin owners and controls some of the price in bitcoin or you can say as a trading player that has a lot of capital. it is according to my knowledge, may be different from the assumption of others.
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bitcub
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April 03, 2018, 02:15:59 PM |
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For me a crypto whale is a person with a million dollar worth of crypto either BTC or any major alts. A group of whales has a capability of shaking the market or change the price direction either going up or going down. Today, BTC long whales, and short whales are battling for the BTC price. Lets see who will win. If the BTC longs wins. We will see BTC at $33k this coming July. If not, BTC will crash to 1k What is your definition of a whale? How many BTCs do you need to have to be a whale?
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biboy
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April 03, 2018, 02:41:57 PM |
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For me a crypto whale is a person with a million dollar worth of crypto either BTC or any major alts. A group of whales has a capability of shaking the market or change the price direction either going up or going down. Today, BTC long whales, and short whales are battling for the BTC price. Lets see who will win. If the BTC longs wins. We will see BTC at $33k this coming July. If not, BTC will crash to 1k What is your definition of a whale? How many BTCs do you need to have to be a whale?
Besides that they are the one that creates a big impact with the price or the value of bitcoin, if they buy the tendency is the price moves upward but when they cash out it all then the price will go down, it depends on how much they are investing, the advantage of it is if the market goes up then the people get to encourage more.
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sgenuine
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April 03, 2018, 08:23:18 PM |
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Any amount that will be enough to manipulate the market is the required amount. And anyone who has that amount is a whale. Whales are actually good for the crypto markets as they bring volatility and this volatility is what attracts more than half the people currently in crypto.
but some time they make market partisipant being panic while they sold their asset.manipulating price and make some time they make bad rumors to get lower price and take advantaged from other. They are those who hold bigger portion or share on a coin, tho I don't think whales can refer only to an individual that brings volatility, there were times that that are groups who did hype on some coin, who are cooperating to dump or to pump some alts. Whales are people, who have the greatest amount of cryptocurrency and they can affect the market. here is the video about whales: https://www.youtube.com/watch?v=C76dlWSwSxM
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traderethereum
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April 04, 2018, 06:38:22 AM |
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in my opinion. whale is a trader who has a very large capital. he can control the price round of one of the coins. To be a whale you should at least have more than 200BTC
I will call someone a whale if he has more than 1000 btc because with this amount, he can follow every coin without a problem and he can do buy and sell in anytime. and if somehow he wants to lift up the price, he can place an order to makes the market moves into the price he wants. we can see this is happening at every time when the price running to go up and down and makes the traders confuse about what they should do.
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Ashimwe
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April 06, 2018, 06:53:35 PM |
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To me, a whale is someone who has enough BTC to move or manipulate the market, these are pump who pump and dump many altcoins out there and I think they determine or drive price in particular markets.......guess how much you need to do that
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