What makes you a whale?

[alpsea]

Really big money is needed, because the domain needs to be broad
What happens if you take a little stone to the sea and throw a big stone to the sea
Think like this

[carlisle1]

I would think anything over 100 BITCOIN worth of coinage would make you a mini whale and a big whale would be someone with over 1k worth of BITCOIN and altcoins. I am a single cell amoeba at this point, need some miracle to become anything remotely looking like a whale lol. 

It interesting that you say that. Whenever I see Legendary accounts on this forum, I assume that they must hold huge chunks of bitcoin but I guess that opinion is actually greatly skewed and I often forget that Bitcoin was only really cheap for the first couple years that it was out.

to be classified as whales you should have more than a thousands Bitcoins on your funds .some says they are the one whos responsible for the changes of the crypto currencies price,and they hold most of the bitcoin in circulations

[Fahim]

I think to be a whale in the world of cryptocurrency, it is not enough to have 500-1000 bitcoins. The price may fall, hackers can find a bug and steal. You need to have different currencies in different purses. That is, to be a whale, you need to diversify risks and investments.

[Stavri]

Whale should have enough bitcoin and altcoin to change the trend and price by himself. For bitcoin it is very hard they must have maybe more than 100 million dollars of bitcoins, but it is easier to be an altcoin whale. if they can start collecting from deep price and collects enough (~5% of total circulating supply) of it and also have some bitcoin to pump the price.

[Muhammad Muneeb]

whales usually have thousands of bitcoins and they can control  the market of any token or coin to get profits

[Ourat]

I think with my very little experience, and a little income too, it could be like a plankton take time and a lot of magic to become a very big whale. The size of a plankton whale could have been with many miracles hehehe

[Vicrypt]

I am with the concept given by some people. 1% of a coin makes you whale in that coin.

[bartolo]

Do you think whales are individual people or a group of people? Because to be a whale it´s not only having a lot of money, but having the ability to influence on the market. For that it´s needed coordination. I assume there must be some relevant investment funds in the markets.

[Beicin]

Probably in the tens of millions i'd say. A whale is someone who has the potential to swing the market by himself - In bitcoin this is harder and you'd probably need even more money, but with several millions you can really manipulate some smaller market cap coins.

[ilovefeetsmell]

I would think anything over 100 BITCOIN worth of coinage would make you a mini whale and a big whale would be someone with over 1k worth of BITCOIN and altcoins. I am a single cell amoeba at this point, need some miracle to become anything remotely looking like a whale lol. 

Bitcoin will you whale for the price get easily pump over the years and months. As we've wanted,  the bitcoin price will actually reachh 10k$ this month. I've read some article bitcoin price will reach million dollars in the year of 2020.

[UltraMegaSick]

Just curious. How much money do you need to be classified as a whale??  

20 Bitcoins for sure, that's a great amount of bitcoin possesion.

[yojodojo21]

What makes you a whale is, you have to be full of information and knowledge about the world of crypto currency and must be an ultimate wise and is good in java script, c++ and etc. And of course with huge amount of digital currency/coin maybe 100k and up. Especially Bitcoin.

[lambofan]

Whale should have enough bitcoin and altcoin to change the trend and price by himself. For bitcoin it is very hard they must have maybe more than 100 million dollars of bitcoins, but it is easier to be an altcoin whale. if they can start collecting from deep price and collects enough (~5% of total circulating supply) of it and also have some bitcoin to pump the price.

They are people who have a high degree of belongings by their side,talking about cryptocurrencies,in other words,they have a big number of these,they can easily manipulate the market sometimes,sometimes they just accumulate and accumulate and other times they only release a lot of coins that they have causing marked changes in prices almost always are very visible when one or several whales are in action because the price moves severely or place great offers of purchase or sale.

[mademerich]

Most people here are suggesting a whale is someone with hundreds of thousands of bitcoins, but in reality it depends on the coin. Someone who invested 1k in an ICO that generates just 500k is already kind of a whale in that coin especially if that coin has very little liquidity.

Look on any of the slack trading channels where someone who puts in a buy or sell of 5 btc for midcap coins are usually referred to as whales.

[GayOfThrones]

You can be a whale in different coins - for example I have been a whale of a lot of shitcoins worth nothing. But once one these coins later rose thousands of time, so if I still had those coins I would be a REAL whale, those with millions of $$$.

[khichariya1]

 I have been a whale of a lot of bitcoins worth nothing.What makes you a whale is, you have to be full of information and knowledge about the world of crypto currency and must be an ultimate wise and is good in java script, c++ and etc.

[lepricoin]

it seems to me that you can be called a whale if you have the most part of investments in any currency. When you alone can influence the currency market.

[waecrum]

For me a whale refere to someone who own a certain quantity of the total supply of a coin. For bitcoin it should be around 0.1% which is 21K Bitcoin (16.7K with the actual circulating supply), for altcoin it's more around 2% to 20% of total supply so they can manipulate the market like a lot of ICO scam, ninja instamine or airdrop scam... (/s it's all for the futur work of the dev team, they need to eat you know,  )

[DosManos]

Just curious. How much money do you need to be classified as a whale??  

whale is when you have a big amount of particular coin...
10,000 ethereum 1000000 KMD ..

[sverrir]

I think that heavily depends on the coin. Own 10-20 % of total value i would guess.