The whales are cashing out

[BingoDog]

With such posts and individual pieces of information put into one that completely changes the sense the panic starts.
Things are not so simple and it's not wisw to make short conclusions. Not whales, not small investors will cause the collapse of bitcoin and bitcoin system just by buying or selling in certain moment and it's not true that fees are to blame that smaller investors are not cashing out bitcoins. You talk like this is not individual decision but some collective movement and this is not true.

[matanglawin]

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.

It is indeed true that whales are cashing out but it is not because they are not interested anymore to Bitcoin. Chances are high that it has to do with the season. Transactions are high which makes the demand low as well as the value of Bitcoin. But what to do is to hold rather than to do the same which is to also sell just because the market value is falling.

[freightjoe]

Wow it's you again! wonder where you've been all this time  
However, you're right about the part that it's harder for small investors to make transactions, but the thing you're wrong about is the price collapse, bitcoin is never gonna collapse!! Every time the price dropped you came here saying the same shit and creating fud..
Who knows why? Maybe you're employed by a whale investor or maybe you yourself are an investor and you want the price to go down as much as possible to buy at the lowest price..

To everyone who's reading this don't listen to him!! Just go to his profile and see how most of his posts are full of shit talk about Bitcoin

Wow - because your arguments are soooo much stronger because you are shouting....

As everyone knows, the moment where you run our of arguments and realize you are badly wrong - but don't want to admit to yourself - you start shouting.

So.. from the whole post the thing you got is that I'm shouting?? and you're response was telling me that I'm shouting? wow! good for you!

Here is a post you posted a month ago saying that bitcoin was going to crash:

...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?

Well.. Did it crash? No! Are you still doing the same thing every time BTC has a decrease in price? Yes!
You just come here start shit talking about Bitcoin, create some FUD and go back to sleep until the next price drop happens..

No real point in discussing with you as you are clearly incapable of rational analysis. The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

[Zakhal]

I will buy all your bitcoins if you give them away cheap! Bitcoin is not going anywhere. Its been here for a decade. Just get used to it.

[legoplayer245]

I don't know if exactly cashing out or moving to Litecoin and Ether, I think that's the reason behind the pump on alts.

[mast3rm1nd]

i don't understand really your reasoning here. sure the fees are more favorable to whales, but how does that mean that the whales are selling and cashing out ??

[Paul stuart]

It's the year-end cash out, nothing to worry about, especially for those who have made big gains in the year 2017 it's normal nothing disturbing

[TheQuin]

The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

That's an interesting profile you have freightjoe. After joining the forum and spending September posting solely in the  Re: TEU – the shipping crypto currency - bounty announced thread you take a break from September 15 and come back November 15 and seem only obsessed with calling Bitcoin a bubble. I would just like to point out that if you had bought Bitcoin that day it would have cost $6,900 and you would be sitting on nearly $10,000 profit. Exactly how long can you remain bearish?

[freightjoe]

i don't understand really your reasoning here. sure the fees are more favorable to whales, but how does that mean that the whales are selling and cashing out ??

There are already press stories out where whales are saying they have sold the Bitcoin and taken home the profit. This has been taking place since November. They do it slowly over time to get the best price in order for the crash only to come as late as possible

[scottykarate]

Wow it's you again! wonder where you've been all this time  
However, you're right about the part that it's harder for small investors to make transactions, but the thing you're wrong about is the price collapse, bitcoin is never gonna collapse!! Every time the price dropped you came here saying the same shit and creating fud..
Who knows why? Maybe you're employed by a whale investor or maybe you yourself are an investor and you want the price to go down as much as possible to buy at the lowest price..

To everyone who's reading this don't listen to him!! Just go to his profile and see how most of his posts are full of shit talk about Bitcoin

Wow - because your arguments are soooo much stronger because you are shouting....

As everyone knows, the moment where you run our of arguments and realize you are badly wrong - but don't want to admit to yourself - you start shouting.

So.. from the whole post the thing you got is that I'm shouting?? and you're response was telling me that I'm shouting? wow! good for you!

Here is a post you posted a month ago saying that bitcoin was going to crash:

...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?

Well.. Did it crash? No! Are you still doing the same thing every time BTC has a decrease in price? Yes!
You just come here start shit talking about Bitcoin, create some FUD and go back to sleep until the next price drop happens..

No real point in discussing with you as you are clearly incapable of rational analysis. The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

If the whales were cashing out, BTC would be crashing hard. It isn't. It's still in the positive over 7 days despite the onslaught of CNBC/Ver/Coinbase collusion and the holidays and your so-called whale theory.

I'm glad that the forum sees you for the person that you are, which is Mr. FUD.

[freightjoe]

The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

That's an interesting profile you have freightjoe. After joining the forum and spending September posting solely in the  Re: TEU – the shipping crypto currency - bounty announced thread you take a break from September 15 and come back November 15 and seem only obsessed with calling Bitcoin a bubble. I would just like to point out that if you had bought Bitcoin that day it would have cost $6,900 and you would be sitting on nearly $10,000 profit. Exactly how long can you remain bearish?

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

[Stedsm]

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.

True that whales can make large transfers but even those transfers are not getting confirmed nowadays due to the malleability glitches in segwit as well as miners trying to play games with the whole network by switching their hashes to other coins and wait for more fee increase in the network.

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

I don't think they can't, because even if they send their money with less fee/byte but which is better enough to be accepted in nearby time, then why should they wait for the whales to take the advantage of current prices? It's not just limited to whales cashing out on bitcoins, but as of now, matter has become more serious when sellers also got a chance to make money selling.

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.

- Guess you are wrong on the whales point somewhat, as even if they are selling off, they might be doing it under the fear of getting price shot back low.
- Again, you are wrong here. Newbies aren't buying from the whales alone, but exchanges too. But if we consider exchanges also as whales, then I believe we will be left with no such options but to sell asap as they have the power to keep the price up or take it down at a stretch.
- No need to send a transaction with $20 as fee if hold is all you can do. If you're patient enough and can wait for confirmations, why to wait for sending your coins anywhere with lesser fee?

[12tribes]

If the whales are cashing out, no matter your position in the chain,your can have your own bite. Don't wait until it is over before you do the needful....
however, this could be another trick to force down the price.... whatever happens it is wise to thread cautiously.Weigh your options and do the right thing.

[GwSoJ]

No-one is cashing out. These fluctuations are due the the futures markets kicking in and people with no Bitcoin now playing the market.

The Bitcoin market is always going to be a buyers market, the 21 million limit guarantees that. People are always going to want to buy them.

Cryptocurrencies are the future and Bitcoin is the gold of cryptocurrencies. The whales know this, they understand that the more Bitcoin they hold out of the market system the higher the Bitcoin price goes. Why would they sell them? To buy what exactly, worthless fiat?

Buy all the Bitcoin you can and hodl, hodl, hodl  

[freightjoe]

But if we consider exchanges also as whales, then I believe we will be left with no such options but to sell asap as they have the power to keep the price up or take it down at a stretch.
-

They are much worse than whales - they have the ability to manipulate the market. In normal exchanges there are strong rules to prevent manipulation. Normal exchanges that do manipulation end with people going to prison. Not so in crypto where there are no rules.

In crypto exchanges employees also trade on the same exchanges for themselves - they know what people want to buy and sell and can use that insider information to make profitable trades for themselves. This is highly illegal in normal exhanges. But not in crypto. In crypto all types of manipulation that people would go to prison for elsewhere is happening. Why do you think sharp traders in Wall Street want to get in on the action? Because here they can use their dirty tricks that are otherwise illegal on normal exchanges.

[scottykarate]

The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

That's an interesting profile you have freightjoe. After joining the forum and spending September posting solely in the  Re: TEU – the shipping crypto currency - bounty announced thread you take a break from September 15 and come back November 15 and seem only obsessed with calling Bitcoin a bubble. I would just like to point out that if you had bought Bitcoin that day it would have cost $6,900 and you would be sitting on nearly $10,000 profit. Exactly how long can you remain bearish?

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

As I've said before, you are just an anti-BTC troll.
You claim you are saving people from certain demise with Bitcoin and insinuating crypto is bad is the crux of your arguement because it is all bubble and speculation.
Bitcoin is a crypto. Altcoins are crypto.

Again, I challenge you to go FUD the Altcoin forums as well. Make sure you spread your shi..I mean, pearls of wisdom there as well. Don't fall back on your standard "I don't have time" routine because you have shown that you definitely do by your posting history on just this account.

[TheQuin]

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

That literally makes no sense as an analogy. We're going up not down.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

You're still not making any sense joe.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I'm calling in to doubt the wisdom of listening to your advice. You have been calling for this bubble to burst since the price was $6,900. Anyone who paid the slightest attention to you would have lost out on a $10,000 gain.

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

Try telling me when it will end as constantly screaming the end is nigh really is pointless.

[freightjoe]

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

That literally makes no sense as an analogy. We're going up not down.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

You're still not making any sense joe.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I'm calling in to doubt the wisdom of listening to your advice. You have been calling for this bubble to burst since the price was $6,900. Anyone who paid the slightest attention to you would have lost out on a $10,000 gain.

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

Try telling me when it will end as constantly screaming the end is nigh really is pointless.

Seems you lack the capability to understand an analogy.... Good luck with getting your fingers burnt.

[freightjoe]

The crash is coming, that is unchanged. That this is a bubble is beyond any doubt. That the bubble is driven by a combination of greed and sheer blind stupidity is also beyond a shadow of a doubt. The whales are in the process of cashing out, leaving the naive to take the fall.

That's an interesting profile you have freightjoe. After joining the forum and spending September posting solely in the  Re: TEU – the shipping crypto currency - bounty announced thread you take a break from September 15 and come back November 15 and seem only obsessed with calling Bitcoin a bubble. I would just like to point out that if you had bought Bitcoin that day it would have cost $6,900 and you would be sitting on nearly $10,000 profit. Exactly how long can you remain bearish?

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

As I've said before, you are just an anti-BTC troll.
You claim you are saving people from certain demise with Bitcoin and insinuating crypto is bad is the crux of your arguement because it is all bubble and speculation.
Bitcoin is a crypto. Altcoins are crypto.

Again, I challenge you to go FUD the Altcoin forums as well. Make sure you spread your shi..I mean, pearls of wisdom there as well. Don't fall back on your standard "I don't have time" routine because you have shown that you definitely do by your posting history on just this account.

Little Scottyboy, you still haven't become any wiser I see.

[scottykarate]

You are like the man jumping off the roof of a 100-floor building. I am telling you initially it is stupid to jump. You tell me that crypto is something new that gravity cannot touch.

That literally makes no sense as an analogy. We're going up not down.

You then jump. When you are 50 floors away from hitting the ground, I am warning you to pull the string on your parachute as otherwise you will be sorry. You tell me it is all FUD and old-fashioned gravity does not matter in the crypto world.

You're still not making any sense joe.

When you are then 20 floors away from hitting the ground - going even faster now - I again warn you to pull the string on your parachute. Now your argument is that because you still having hit the ground, that my warning is just FUD and the in the world of crypto gravity still does not matter, because nothing bad has happened yet.....

I'm calling in to doubt the wisdom of listening to your advice. You have been calling for this bubble to burst since the price was $6,900. Anyone who paid the slightest attention to you would have lost out on a $10,000 gain.

I am not bearish. I am just telling you exactly how that jump of yours is going to end.

Try telling me when it will end as constantly screaming the end is nigh really is pointless.

Seems you lack the capability to understand an analogy.... Good luck with getting your fingers burnt.

Seems like we understand it just fine. Conversely, you fail to grasp the obvious in that nobody here listens to you now and people are better off because they didn't listen.