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Author Topic: What is a whale?  (Read 4508 times)
Arwinkim
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April 09, 2018, 02:56:55 AM
 #281

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

Whale is a person or institution that have a large amount of money to control the market for profit. They also have access of mainstream media to spread FUD and rumor in order to manipulate the price.

I think holding BTC 100K BTC is considered as a whale in my opinion.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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April 09, 2018, 03:03:46 AM
 #282

whale is frequently used to describe people who have large amounts of bitcoins and try to manipulate prices in a market by selling or buying in bulk.
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April 09, 2018, 03:09:51 AM
 #283

A whale is an individual or group of individuals that has the majority number of assets which tends to manipulate price as they wish to. Most of them are early adopters and have been controlling the pumps and dumps on crypto tradings.

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April 09, 2018, 10:59:33 PM
 #284

Whales are the people that own a large amount of coin. They are incredibly dangerous in GROUPS. Seriously, a pod of whales can easily manipulate the market. Nobody likes whales.
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April 16, 2018, 11:15:35 AM
 #285

The term whale is regularly used to depict an individual or group with tremendous money related assets and capital that can impact the costs of these coins in regard to this market.It is additionally hypothesized that there are gathering of whales that manipultes the bitcoin costs and can make pump and dump circumstance in market.They impact the direcrion of costs in market.But in little trade a man with less capital can be named as whale while in vast exhange gigantic capital assets are required to be arranged under this segment.
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April 16, 2018, 11:41:13 AM
 #286

We know whale is biggest and powerful animal in world of sea,In crypto this word used for a group which is powerful and fluctuate market own consent.The whale group inject and and take money which effect the market.No one can exactly predict the next move of whale but we can reach the facts and figures to keep eye on past history and news updates about the crypto.

Got my account back! It was hacked. Sorry about it :|
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April 16, 2018, 11:48:35 AM
 #287

I need a hundred thousand dollars to feel like an elite society in my home country. But it's a poor country.
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April 16, 2018, 11:51:22 AM
 #288

whale is a mammal that leaves in large ocean within luxury and money. they are spending their money to create big waves over crypto ocean
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April 16, 2018, 12:01:20 PM
 #289

As far as i understand the meaning of whale in trading and why they called whales  by some small time trader is becaue. The whale they are the group of people who join forces or combine there money to invest in one coins and hold it or control the price to pump and dump. The seconed whale is some indevidual people who have a very big amount of money on there own and invest in some coins that they think they can earn money.


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Jlimao28
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April 16, 2018, 12:29:56 PM
 #290

What is your definition of a whale? How many BTCs do you need to have to be a whale?
When we talk about its real meaning, Whale is a mammal that lives in water. But in terms of cryptocurrency, whale is the person who holds a lot of coins. They are one of the reason why market is sometimes dump or pump. Because whales are huge investors, they can manipulate the market whereas small investors are trapped and panic sellers lose a lot of money.
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April 16, 2018, 12:43:05 PM
 #291

As far as i understand the meaning of whale in trading and why they called whales  by some small time trader is becaue. The whale they are the group of people who join forces or combine there money to invest in one coins and hold it or control the price to pump and dump. The seconed whale is some indevidual people who have a very big amount of money on there own and invest in some coins that they think they can earn money.
They are grouped to pump a coin I often see them working with the team from dev coin to raise prices,accept some of the coin to them from dev team and that is a group of pumper walk in my opinion. Individual whale are often trapped by pumper groups,meaning in whale and the real meaning is money.  Grin

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April 16, 2018, 03:32:10 PM
 #292

What is your definition of a whale? How many BTCs do you need to have to be a whale?
I guess that you are a new in this market. As far as I know that whales are people or also a group of people working together to gather large percentage  of that coin and can drag the coin price to the desired price. When the coin price gets decreased, most of users sell it with low, Whale will make use of this chance to buy many coins in low. In a nutshell, probably many people get scared of  Whale. If you are in this market for a long term, gradually you will understand more about Whale.
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April 18, 2018, 06:42:19 AM
 #293

The word whale reffered as in crypto world is Actually its a group of investors having massive investment in the market and they inject take investment from the market which results high fluctuations in the market.No one know the next step of whale but ewe should follow the market trend will save our funds and possible to take right decisions.

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April 23, 2018, 10:46:45 AM
 #294

The whales are persons that have in their wallets more than 1000 bitcoin or near of that. It a market participant don't have enough, then it's just a dolphin
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April 23, 2018, 12:31:49 PM
 #295

What is your definition of a whale? How many BTCs do you need to have to be a whale?
This infographic will be more useful. I've just  saw this infographic  for Cryptocurrency Trading Terms. If you are actively trading bitcoin and other digital assets, you should know the most commonly used bitcoin slang terms.
Quote from: CryptoJH
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April 23, 2018, 01:04:05 PM
 #296

Whale is a big Crypto gaint they are all ruling the Crypto market because they are all holding the more than 1k Bitcoin and altcoins. In normally whales is the king of Ocean but Crypto platform whales is the consumer in Crypto currency so anytime consumers are jump to the another platform automatically market is fluctuating I think this name suitable in consumer.

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April 23, 2018, 01:07:12 PM
 #297

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.
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April 23, 2018, 02:40:23 PM
 #298

"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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April 23, 2018, 04:00:42 PM
 #299

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
 #300

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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