The whales are cashing out

[icanscript]

Not only the whales, everybody is trying to cashout right now.
The only ones who are not cashing out are those who does not even have enough money to pay fees (40 dollars for a single transaction is a lot) so those who have $20 or $50 are not going to be able to cashout.

This is not true.
The volume of the market shows the transfer of money into altcoyins, and not their withdrawal from the market

[Galih_Al karim]

Man is sometimes never satisfied with the results he gets, always a little less and less but my view is different I should be grateful for the results that I get any amount.

[Pain Packer]

It is the best time for them to that. They are just grabbing the opportunity.

[darkangel11]

Not only the whales, everybody is trying to cashout right now.
The only ones who are not cashing out are those who does not even have enough money to pay fees (40 dollars for a single transaction is a lot) so those who have $20 or $50 are not going to be able to cashout.

Yea keep spreading FUD. There's so many people who are keeping $50 in BTC on their wallets and are waiting for a chance to cash out but the fees are stopping them Did a fairy whisper that into your ear?
If even 50% of the people who are holding coins on the exchanges decided to sell we'd have a giant red candle all the way below $10k and all we're seeing is a healthy correction to 15k, but we will most likely go down a bit more, at least to retest 12k. Now what makes you think that everyone is trying to sell when we were at 12k just 10 days ago! How can people be so blind and always take current prices for granted. The fact that it has been at 19k for a couple hours doesn't mean that it's an established value.

[Fileiro]

OP is right.

This is how the game is played in ALL markets.

Dump on the newcomers, in order to buy back in at much lower prices.

There's a mega-bull coming in alts in 2018 when the whales rotate their funds there from BTC.

[Itjoker]

Cashing out before Christmas holidays is normal situation. You also can do the same or just wait for winter rise of cryptomarket.

[FrenchBTC]

Hi everybody,

Just to remind you that there is somethng called...SEGWIT....to decrease fees (use Ledger Nano S for example...)

If only every BTC believer could use it today...the situation could be really better, while waiting for the Lightning Network

[GwSoJ]

It's not a bubble because Bitcoin has intrinsic worth due to the fact it has a finite amount. It's not just scarce like gold, you may always find more gold, it's finite.

Can't be a bubble and people who keep calling it a bubble just don't understand what a bubble is.

So the last time it went to $1000+ and then down to under $200 wasn't a bubble then?

Get real.

Like i said, some people don't know what a bubble is. 

[lidd0512]

nice topic, most people are in ATH time ,unconscious of the breaking bubble, looking forward to higher and higher expectations ,yesterday is a good lesson.but i think it doesnt not end.

[Dapper]

Whales never leave the water.   They surface and dive, surface and dive.    Small fish and plankton typically spend their entire lives running (swimming) for their lives in panic. 

[cloud69]

Yeah, as if you have any proof that whales are actually cashing out.

[ZoonearNTR]

The extreme escalation in transaction times is there to ensure the whales can cash out but that smaller investors cannot.

Whales can make large transactions, the fees do not mean as much to them.

At the same time the small investors cannot cash out because their investment is quite small compared to the fees.

The result is the following:

- Whales are cashing out, converting to fiat
- Newbies are buying from the whales in the hope of continues increases
- Existing smaller investors do not want to sell now (despite possible large profits) because of the high fees is you only have a small investment (Today another bitcoiner on this forum has to pay a 20$ fee for a 50$ transaction).

When the whales have completed the sell-off, smaller bitcoin investors can finally begin to sell and that will be the trigger for a complete collapse in the price.

Its all because of the christmas eve. So it doesn't matter much and it is the best time to buy for buyers who have been waiting to buy at low price. It's not wise to transaction less amount like 50 with a bitcoin fee of 20$.

[Stooked]

Now we see big whales control price and Network bitcoin in danger because those big whales.

i see many make big transaction 10-100 bitcoins

[olubams]

The extreme escalation in transaction times is there to ensure the whales can cash out but that smaller investors cannot.

Whales can make large transactions, the fees do not mean as much to them.

At the same time the small investors cannot cash out because their investment is quite small compared to the fees.

The result is the following:

- Whales are cashing out, converting to fiat
- Newbies are buying from the whales in the hope of continues increases
- Existing smaller investors do not want to sell now (despite possible large profits) because of the high fees is you only have a small investment (Today another bitcoiner on this forum has to pay a 20$ fee for a 50$ transaction).

When the whales have completed the sell-off, smaller bitcoin investors can finally begin to sell and that will be the trigger for a complete collapse in the price.

When price is going down, you blame the whales when its rising, you even blame the whales the more thinking that they are not human beings. if truly they are cashing out now, then its a way for you as a small time investor to even cash out because the market is free for everyone to participate whether big or small. Just do your calculations right and be part of the whales by buying when the price is low.