Bitcoin Forum
May 08, 2024, 05:27:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: bitcoin whales  (Read 97 times)
Sirbenjamin (OP)
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
December 24, 2017, 01:59:56 PM
 #1

How much of the volatility of bitcoin is due to whales influencing the market price versus new or outside investors?
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715189270
Hero Member
*
Offline Offline

Posts: 1715189270

View Profile Personal Message (Offline)

Ignore
1715189270
Reply with quote  #2

1715189270
Report to moderator
mk4
Legendary
*
Offline Offline

Activity: 2758
Merit: 3830


Paldo.io 🤖


View Profile
December 24, 2017, 02:18:41 PM
 #2

There's no way to know for sure, but whales can surely crash bitcoin by simply dumping a huge amount of it on a single exchange, effectively crashing it more if it's a planned dump by multiple whales(not sure if they actually do this though). Though personally I think FOMO buys and fear sells has a bigger impact on the price of bitcoin.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
thepr0digy21
Jr. Member
*
Offline Offline

Activity: 137
Merit: 1


View Profile WWW
December 24, 2017, 04:13:36 PM
 #3

In all honesty, dont worry too much about the whales. While they certainly have their agendas, you wont be impacted unless youre entering into a pump and dump.
PaRiTyyy
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
December 24, 2017, 05:07:37 PM
 #4

How much of the volatility of bitcoin is due to whales influencing the market price versus new or outside investors?

With the cap being 500kkk+, it's not that important. It was something to worry about in 50kkk cap or so bro
whycrypto
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
December 24, 2017, 07:05:35 PM
 #5

Could be a buying opportunity of a whale cashed out?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!