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Author Topic: Bitcoin Whales have accumulated thousands of coins in last 2 months  (Read 14229 times)
gantez
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February 26, 2019, 02:42:42 PM
 #21

I'd like to see what people think about this!

What I think is that accumulators are the true believers of bitcoin or whatever cryptocurrency.

Now, the point therefore is that, some people have the financial strength to buy or invest in bitcoin but they would not, they would rather prefer to watch other people invest while they keep spreading fud about. So everyone has the privilege to be called a whale  Grin
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Stac
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February 26, 2019, 03:51:37 PM
 #22

  Bitcoin market have experienced bearish market for the previous year so the Bitcoin  Whales have accumulated a great amount of digital assets .so the richest Bitcoin holders have been the luckiest to buy and hold as much of bitcoins .the price  fluctuation of bitcoin that is the depreciation of their value has helped to invest most of the people who can afford without much effort .Since Bitcoin whales have accumulated thousands of coins that have resulted a number of exchanges.to come up . Beside these big whales a good portion of the owners are unknown to the public since they keep it as hoarding with them at home ..

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February 26, 2019, 04:22:44 PM
 #23

I think that this trend was empowered mostly because people started panic selling. These people who held small portions of bitcoin didn't find any interest in continuing to hold their cryptocurrencies because it started losing value. On the other hand, whales find a way and an opportunity to accumulate more coins.
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February 26, 2019, 04:47:46 PM
 #24

It is not a shock that bitcoin whales have collected bitcoin while it is low. We are still trying to see bitcoin as what it is today and fail to see what it could be in the future. Whales are smart people, they do not invest for today, they invest for the future and that is how they became whales, they have done this with other stuff before and they can see the potential in bitcoin so they are investing for the long term again but on bitcoin instead of a stock this time.

The smaller investor sees bitcoin at 3 thousand or 4 thousand or whatever it is today but whale sees how it could beat 20 thousand dollars one day, maybe soon maybe not but it did that before and it has no block on doing it again one day, they see it as a possible thing and that is why they have collected this much bitcoin while smaller fish try to sell and get out because they are scared bitcoin could go down even more.
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February 26, 2019, 05:42:15 PM
 #25

After reading what some news about cryptocurrencies a huge number of people begin to discuss it on various resources presenting it as their material.
In recent days, the news of 150 000 bitcoins is noisy in dozens of tapes, YouTube channels and various blogs. It's probably big news, but it is not necessary to inflate a sensation and to trumpet about it to every blogger and forum members. Here's a video where they also talk about whales and 150,000 bitcoins and it's not the only one. https://www.youtube.com/watch?v=XlnSfXy8vFM

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February 26, 2019, 07:35:54 PM
 #26

It doesn't really say much because of the fact that we don't know whether these addresses are owned by exchanges, entities, or individual investors.

But what I have seen over the past few months is that while people have been influenced by the bear market, institutional firms and investors have been actively trying to probe into the market. It's actually quite smart if you consider the fact that they're essentially entering in at the most opportune time, contrary to what the market sentiment is.

This should be an indicator that the smart, institutional money is already coming in and accumulating coins at this stage. While that in itself doesn't necessarily mean that a bull market will emerge, it certainly invalidates what people claim of "bitcoin's death". The fact is that the market is just moving in cycles - and institutional demand is going to be huge in the next bull market.
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February 26, 2019, 07:46:22 PM
 #27

It is a known fact that whales and the institutional investors where the sellers who sold on high and now they have started to accumulate but same time they are also playing with market like buying in low and selling in high and then buying more with profit in low, so this way they are accumulating the volume of btc with the same investment. This is why they are wise and who ever is selling in panic is the loser.
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February 26, 2019, 07:58:24 PM
 #28

I totally agree with the title of this topic, what we should make clear is that there is still much more to accumulate, in fact, we know that whales or Strong Hands never buy expensive bitcoin, buy cheap and many people bought Bitcoin in 20k , which, those people do not want to sell their bitcoins in the price that we are now.

The strategy of the whales is that if they do not sell the Bitcoins to these low price ranges, they have the money to shortear
 the bitcoin, until those who have bought at those levels close to 20k for fear of not losing everything, sell, this is a battle that can last Months, years, but we must bear in mind that whales have time and money.

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February 26, 2019, 08:03:54 PM
 #29

It is a known fact that whales and the institutional investors where the sellers who sold on high and now they have started to accumulate but same time they are also playing with market like buying in low and selling in high and then buying more with profit in low, so this way they are accumulating the volume of btc with the same investment. This is why they are wise and who ever is selling in panic is the loser.

this is very true unfortunately. scheme happened allready after the break out above 4k.

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February 26, 2019, 08:17:13 PM
 #30

It is whales that are causing the ETF to be rejected and delayed over and over again. Do they not realise that manipulation is the reason why the ETF hasn't happened, and if they allow it to be stable for a bit longer we can finally get it!
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February 26, 2019, 08:57:55 PM
 #31

Globally whales are the controller of the market and determine price rate per time, Money is a tool of influence, Am surprise thou at the amount invested since December 2018, This is a sign that the future is positive for BTC  as a currency, the bull run is sure to commence.
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February 26, 2019, 09:36:15 PM
 #32

Yeah, I think it's another problem of Bitcoin to have a centralized supply like that.

Over time it will become better and most coins are also lost in big wallets. So many people mined BTC in the early days but didn't save private key. Only concerning thing is that in the last year more rich holders got richer and poor holders got poorer. Normally it should be other way round over time.  Huh Huh

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February 26, 2019, 10:15:01 PM
 #33

Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!

The numbers of the big wallets are too small to make any good conclusions. 
I would rater focus on the wallets adresses with 10- 100 bitcoins  those numbers are up this year, with around 1.200 according to numbers found in that  article.
And even better the number of bitcoins adresses with 1-10 bitcoins are up 4.200 this in this level we know many normal bitcoins owners are to be found. In fact every adresses with less than 100 bitcoins are growing in numbers.
This means that new people are still buying there first bitcoins and setting up wallets to hold them.
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February 26, 2019, 10:47:20 PM
 #34

I'd like to see what people think about this!

What I think is that accumulators are the true believers of bitcoin or whatever cryptocurrency.

Now, the point therefore is that, some people have the financial strength to buy or invest in bitcoin but they would not, they would rather prefer to watch other people invest while they keep spreading fud about. So everyone has the privilege to be called a whale  Grin
Well, you have your point but I think if the whales accumulates more coins for sure they have more power to control the market. Its hard to stop them, hey have more holdings compare to us so technically that’s the move of every whales. Hopefully, they will move as one and bring the market to the peak again.
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February 26, 2019, 10:54:52 PM
 #35

Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!
This whales know to manage their investments and know how to get a big profit from their investment or hodlings. Whales in the market know how to play their big funds in this market so hopefully they not be greedy and help the market to be in good peak again.

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February 26, 2019, 11:00:53 PM
 #36

Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!
This whales know to manage their investments and know how to get a big profit from their investment or hodlings. Whales in the market know how to play their big funds in this market so hopefully they not be greedy and help the market to be in good peak again.
To get good return out of the market whales make the market according to their profit expectancy. To this they do some form of trade moves. This makes big impact upon the price of bitcoin downwards most of the time.
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February 26, 2019, 11:05:40 PM
 #37

Yes whales very smart in controlling crypto as like controlling the bitcoin , whales can down and up the price to earn so much money . The one thing that i know is to always looking the price and analyze the flow because if we like whales we can earn more and we easily get a big profit. Always active and smart as like whales because in this industry we need to be as a whales too.

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February 27, 2019, 11:28:39 AM
 #38

Now, the point therefore is that, some people have the financial strength to buy or invest in bitcoin but they would not, they would rather prefer to watch other people invest while they keep spreading fud about. So everyone has the privilege to be called a whale  Grin
no mate because as far as i know you  can call  investor as a whales only unless if it can contribute for the progress in the market or let say have a large amount of money which is like big companies that can manipulate the price time on time.  Correct me of im worng.! Lol
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February 27, 2019, 12:07:57 PM
 #39

 I think whales still hold more than the BTC number 151.405, that number could increase to millions of BTC for a large organization. They often use BTC numbers to manipulate the crypto market and for margin trading.
There are reports that the trading margin has caused the market price to change when many people bet at very high levels and force whales to change the market to get that money.
You can see the risk in the crypto market is huge and the power of the manipulation organization is huge.

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February 27, 2019, 03:53:42 PM
 #40

This should also show us that the future is bright. These whales know something we don't know (probably) and they are betting on the price of bitcoin going up which means that if whales trust bitcoin why shouldn't we? That is at least the approach I would have, why wouldn't we really invest into something rich people do, isn't that what we have always wanted, to be on the same platform as the wealthy ?

If we are in the same train as the whales that is all we need to level the playing field and considering bitcoin is bitcoin for everyone involved we can mimick the moves of a whale and profit the way he does. When an oil company pays the president to deregulate the oil companies so they could profit more we miss out on that chance but when rich people pay the president to deregulate bitcoin users so they can profit from bitcoin, we can take advantage of that as well.
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