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Author Topic: bitcoin whales  (Read 98 times)
Sirbenjamin (OP)
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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?
mk4
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December 24, 2017, 02:18:41 PM
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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.

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thepr0digy21
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December 24, 2017, 04:13:36 PM
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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
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December 24, 2017, 05:07:37 PM
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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
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December 24, 2017, 07:05:35 PM
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Could be a buying opportunity of a whale cashed out?
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