What is a whale?

[Viyamore]

Whale are those who have much number of bitcoins that have control in bitcoin. Yes, quite unfair to learn but yes! They have the ability to manipulate the  bitcoin market. They are the reason why bitcoin is high and then suddenly gets high.
As with the required capital, I am not certain it.

[sana54210]

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.

Yes it is just a metaphor that is used here in this domain to compare different traders. All those who have invested so much in bitcoins that with their one move, bitcoins start moving here and there, can be referred to as whales.

These persons have different mindset and majority times, they don’t give a shit about profits of others. They are mainly focused to their personal interests.

[zanezane]

Obviously, whales are the greedy one here. We all know how easy for them to manipulate the market whenever they want and they're always hungry for profit. And in return traders are just like robot than following whatever these whales want to do. Also they can also spread fuds all over the community and ready to pay whatever the cost of it.

[GDragon]

A whale for me is a big creature in the sea just joking haha but it could be the same definition if you look closely.  Whale is a certain person having huge amount of coins that can manipulate the market.  It can be a single person or a group of people.

[eloymjb]

 according to all my friends a whale is a big investor that can invest a big amount in her/his chosen coins. a whale is a very rich person that can manipulate a price of a coins that he chose.

[richfinch]

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

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.

***BITCOIN DOLPHINS
They show themselves in the exchanges with orders of 1000 BTC, every now and again, and the common perception seems to be that the orderbook “whales” are the heavyweight players who move the market and can manipulate price if they so desire. However, this view is inaccurate.

The fact is that there are even bigger players than the so-called whales, who do not engage in the Bitcoin market via the dinky web interfaces the exchanges offer us, the “retail market” (small fish).

*** BITCOIN WHALES
bitcoin whaleThe large players being referred to are institutions such as Hedge Funds and Bitcoin Investment Funds. Some of these funds have announced their presence in the water:

   + Pantera Capital
   + Bitcoins Reserve
   + Binary Financial
   + Coin Capital Partners
   + Falcon Global Capital
   + Fortress
   + Bitcoin Investment Trust
   + Global Advisors Bitcoin Investment Fund
Others have yet to put oar to water…

   + Bitcoin Index Fund
… and others may or may not exist, depending on your sources and the reach of your sonar.

These funds typically manage hundreds of thousands of bitcoins, which they strategically and covertly put through the exchanges via special arrangement – out of sight and obscured from regular retail traders.

With their large capital mass, institutions can move the market at will. It is here where the metaphor of a Bitcoin Whale comes into its own because any other inhabitant of the ocean must simply get out of the way, or be moved forcefully. Additionally, no current is strong enough to deflect the whale from its course, so its intention becomes the way.

 

[aysg76]

Obviously, whales are the greedy one here. We all know how easy for them to manipulate the market whenever they want and they're always hungry for profit. And in return traders are just like robot than following whatever these whales want to do. Also they can also spread fuds all over the community and ready to pay whatever the cost of it.

Well, whales are the investors who are holding a great volume of the currency and regulates the market. With the possession of enough btc, they have the ability to manipulate the market as they can make the market to move in the way which they want.
That is why a drastic fluctuation in the price is often observed all because of them...

[Qungis]

To be a whale, you have to exchange all your bitcoins for dollars and spend them, otherwise all bitcoins can depreciate and you will sit with digital garbage in your hands.

[Saidmod]

Obviously, whales are the greedy one here. We all know how easy for them to manipulate the market whenever they want and they're always hungry for profit. And in return traders are just like robot than following whatever these whales want to do. Also they can also spread fuds all over the community and ready to pay whatever the cost of it.

Well, whales are the investors who are holding a great volume of the currency and regulates the market. With the possession of enough btc, they have the ability to manipulate the market as they can make the market to move in the way which they want.
That is why a drastic fluctuation in the price is often observed all because of them...

It depends and i think there's a group of whales who are doing a pump and dump that can cause a too unpredictable market condition. In addition having a big amount of bitcoins it is hard to take advantage at them. So what we can do is to follow them or to observe the market that which can you make profit.

[spadormie]

Whale is define as a person in the crypto community that are so wealthy in their lives in crypto. They might own 1k btc worth of all asset or more! I know 1 people that owns 14k of btc. That's big.

[Crypto_trader87]

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

In my own observation as some people are called a whale in crypto currency or trading platform since they are a big investors that holding a very huge amount of tokens and bitcoins and thats the reason why they are called whales.

[CryptoWorld87]

As far as i understand in they called whale is there are some group that they talk all together and pick a few coins and buy they combine all there money in one holder and talk which coins they will invest. Some also are indevidual and this people are holding a very huge amount of money to be a whale itself.

[Intersan]

Obviously, whales are the greedy one here. We all know how easy for them to manipulate the market whenever they want and they're always hungry for profit. And in return traders are just like robot than following whatever these whales want to do. Also they can also spread fuds all over the community and ready to pay whatever the cost of it.

Well, whales are the investors who are holding a great volume of the currency and regulates the market. With the possession of enough btc, they have the ability to manipulate the market as they can make the market to move in the way which they want.
That is why a drastic fluctuation in the price is often observed all because of them...

All in all, they are people who can greatly affect the market price of bitcoin and that's for sure! We know that bitcoin cannot be controlled especially its price because it is directly affected of several factors like the supply and demand factor, the popularity and interest of people and etc. But these people are able to because they have the funds for it. If you really are going to think about, they can sell which will greatly affect the market causing it to dump then they can buy more once the price is completely low which will affect the price positively. I can barely imagine the process here but one thing for sure is, they are gaining profit by doing this.

[Gastotade]

As far as i understand in they called whale is there are some group that they talk all together and pick a few coins and buy they combine all there money in one holder and talk which coins they will invest. Some also are indevidual and this people are holding a very huge amount of money to be a whale itself.

Whales somehow control the price and says to paid some groups to create FUDS so they will be able to buy coins at the lower price. There are more whales investors that joined in crypto now due to its potential investments.

[mamarried]

Whale is a biggest mammal in the ocean, lol.
But if serious, its a guy, who has tons of capital and who has significant fluence on market.

[lushlifing]

Good day, if you want to more about whale, https://blockonomi.com/what-is-a-whale/ 

[Marrionbitcoin]

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

In my opinion, Whale is what you called to a person or group of people who has the great amount of Bitcoin that can drastically affect the price of Bitcoin or Altcoins if they will invest or withdraw. They can easily influence the price by doing pump and dump whatever they want.
We will be very lucky if they will pump the price that you are invested in and vice versa.

[hhussain]

A whale is a person who has lots of bitcoin and can manipulate the market easily with his bitcoin like buying specific coins with all his bitcoin and make the price pump. In a simple world, a whale is a person who has the good impact on the market and can move the market.

[devollito]

I will call someone whale if they have 1 million dollar worth of btc. No matter btc they have because the trade is againts dollar. Maybe in 2014 i will called some one whale if he have 2000 btc but today when some one have 200 btc he can called as whale. And the real whale sometimes did not talk too much at forum. They pretend dont have btc.

[vladimirjune]

Whale represents the person who holds a lot of bitcoins/altcoins that can change the market value 30-40% of its current price. Big whales also are those responsible in manipulating the market. You should learn how to ride with them even if you're small investor.