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Author Topic: what is whale  (Read 476 times)
oludare1
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April 09, 2018, 05:07:08 PM
 #61

Whales are powerful investors that have a big impact. They have so much money in cryptocurrencies that they can alternate the market.  They are probably the innovators and very early adopters of bitcoin and few altcoins. 
An individual is considered a whale when he is powerful enough to change the value of a coin in a colossal amount. When you see an extreme and sudden jump on the chart of your coin, it is for sure that there are one or more whales together influencing the value.
They are the alpha and omega of the crypto market price.
Sahyadri
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April 09, 2018, 05:14:30 PM
 #62

Suppose today you decide to launch your own coin. What would you do? Launch its ICO. You would decide on the number of coins that will be supplied and the number of coins that you would keep to yourself. Now suppose that you decided to give 100 coins, and out of those you kept 80 for yourself, and the remaining 20 were distributed to public. Now when the coins would be sold out and there would be demand for more, it would create a supply/demand gap. Since you would be the majority stakeholder, you would decided when to release coin and when to increase the price by not supplying coins. So, manipulating the entire market would be in your hands.
Here, you are the whale! I hope it was easy for you to understand this.
gerjiss
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April 09, 2018, 05:20:20 PM
 #63

Whales are people with big money and the ability to manipulate the market. It's pretty simple, they have a lot of money to buy coins, well, sales.

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bitcoinhunter1221
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April 09, 2018, 05:20:45 PM
 #64

Whales are the ones who are holding a lot of a specified cryptocurrency such as bitcoins or any other altcoins. These whales play a great factor in the pump or dump of the coin values. Once a whale invests its funds to a coin, people may tend to recognize it that the price is pumping then buy for themselves  because of the trades. Eventually the whale will take advantage of the price pump and them dump them.
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April 10, 2018, 11:43:26 AM
 #65

whales in the crypto world are great people who have great assets in the crypto world. they can manipulate and control the rise and fall of coins.
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April 10, 2018, 12:21:28 PM
 #66

whale is the man who can liquidate your funds and you will get out of crypto. that's why use stop losses
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April 10, 2018, 12:27:26 PM
 #67

Big investors are called whales.
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April 10, 2018, 12:44:00 PM
 #68

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.
Whales are those who have a large amount of some asset (a coin or a token) and can manipulate its price. Sometimes whales play like bears, sometimes as bulls. In order not to let yourself be beaten, never focus on temporary price changes in the market, always look at the long-term trend.

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Janeth (OP)
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April 11, 2018, 04:44:34 AM
 #69

Suppose today you decide to launch your own coin. What would you do? Launch its ICO. You would decide on the number of coins that will be supplied and the number of coins that you would keep to yourself. Now suppose that you decided to give 100 coins, and out of those you kept 80 for yourself, and the remaining 20 were distributed to public. Now when the coins would be sold out and there would be demand for more, it would create a supply/demand gap. Since you would be the majority stakeholder, you would decided when to release coin and when to increase the price by not supplying coins. So, manipulating the entire market would be in your hands.
Here, you are the whale! I hope it was easy for you to understand this.
thank you so much sir
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April 11, 2018, 05:13:21 AM
 #70

Whales are big investors, but it depend on which coins they invest. Example they invest in a coin which daily volumn is 0.1 btc, so they need only 2-5 btc to be whale. They can control the market with their money, pushing buy orders, sell orders...

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April 11, 2018, 05:28:08 AM
 #71

Whale are term they use to a big investors who are able to buy big supply of Bitcoins or altcoins. They can give big effect or even make the cryto supplys shake because of them buying or selling large amount of cryptos they are holding.

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udayantha11
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2023 would most likely be as bearish as 2022


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April 11, 2018, 05:35:52 AM
 #72

whale is normally 100 bitcoin holder or higher. with those bitcoin some coins they can handle.  they can move the prices to moon and suddenly can down the prices,

as an example if they put 100 bitcoin in to low cap coin surely that coin value increases then most investors invest on that , so price is skyrocket. if they withdraw the funds surly those coin value decreased suddenly. thats market manipulation.

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

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nguyenthicamtu
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April 11, 2018, 05:50:31 AM
 #73

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

They are people that use a large money to control market. Example, They will buy a coin with a large amount to pump its price raise and wait investors pump money on and then, they will sell all make the price go down immediately
Tosin12
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April 24, 2018, 09:14:14 PM
 #74

Whales in the context of cryptocurrency are the investors that have the largesse in bitcoin and can influence what happens in crypto market
Oliveir
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April 24, 2018, 09:20:42 PM
 #75

You can say any group of even individual who holds a lot amount of BTC in their wallets, they can effect the market by draining funds like when they decided to sell all their BTC then all money on the market will be theirs, and if money on the market is low then diffinitly other coin value will dead drop, that's how they can affect the crypto.
Yaunfitda
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April 24, 2018, 09:38:53 PM
 #76

what is whale and why they can manipulate the market and how did they do it? I'm curious about that.

1. (https://bitcointalk.org/index.php?topic=1092305.0) Who is a Bitcoin whale?

2. (https://bitcointalk.org/index.php?topic=3216023.0) Are the whales getting out of Bitcoin

3. (https://bitcointalk.org/index.php?topic=2201936.0) The Whales are accumulating..

4. (https://bitcointalk.org/index.php?topic=1279824.0) how to follow whales?

5. (https://bitcointalk.org/index.php?topic=1972185.0) Dealing with whales/walls

Just a minute of Google search will return a lot of similar thread in the forum. I think you can find the answers on the thread that I have mentioned above.

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