What is the difference between banks and big whales in crypto?

[MiF]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

[1714848276]

1714848276

[Wiwo]

The difference between the bank and the crypto whale is that, banks are centralized and operate on shared interest and banks controlled the entire banking decisions of how much they pay to depositors, but a crypto whale is an investor who holds a big bag of coins without control on the amount other shareholders received since the price of the coin determines the amount in interest to coin holders.

So bank centralization vs whale decentralized investment:

While banks controlled the total cash flow.

the whale is an individual investor with control over the cash flow since crypto is decentralised.

[WillyAp]

Well banks offer a wide range of financial products a whale does not provide.

[Mate2237]

Op there is a very big different between these two guys. Bank is a corporate entity which individuals have their share in the corporation which known as shareolder in the system. But whale in bitcoin is a sole Investor who invest in bitcoin with his own money and have the profit by himself without sharing it with anyone. The profit whales make is not comparable to the banking officials. The Banking profile is shared among the shareolders which probably 60% private and 40% government. But whale acquire all alone.

[BIT-BENDER]

I don't see how there is a similarity between banks and big Whale in Crypto-currency they are totally not similar, a bank is an institution where one can go to and deposit their funds, Crypto Whales can be an individual or group that own a large amount of a particular coin in their possession.

Bank: an institution where you go to consciously not under duress to deposit your funds.

Whales: are individual who actually uses there own funds to make purchase.

Banks: centralized institution that can make use of that your funds you deposited with them to make profits for them self and also have great control and usage over your own funds.

Whales: crypto is decentralized so Whales has more control over their own portfolio especially in Bitcoin and can have access to any other person's crypto-currency.

[boyptc]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.

As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.

From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.

[TimeTeller]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.

As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.

From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.

There's difference as we don't know exactly the identity of the whales. We are just speculating on who they are.
Also, as mentioned, they seem to be moving on their own as individual players. So we can't determine where they are heading next.
Which means, they don't have concrete path to go to, their movement is more fluid as it depends on the market scenario.
Whereas, banking institutions have their own target before they get into this market as the decision is not only handle by one person but a group of individuals.
Hence, the time of getting decision is not the same with whales. They can't decide on their own as they have others to think about.

[Nwada001]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The differences are totally clear, just as other members have outlined them to you. I don't even see any form of similarity between those two.

Banks, as we know them, all their funds belong to their customers, which means that banks are gambling with their customers money, putting other people's money at risk just to make a few bucks from them.

Whales are gambling with their hard-earned money, putting their own assets on the risky side, which is for the greater good; if they lose, it's their money and not others funds.

Banks sometimes fall into bigger problems when almost all their customers want to withdraw their funds all at once, and they won't have enough funds to cover all depositors.

Whales always have a mapped-out plan on how they want to use their funds since it's their personal money that's invested; they already know where those funds are, and as such, they won't want to make any rash decisions about withdrawing in a bad market condition. I just mentioned a few differences between banks and whales; their methods of profit are different. Whales take all their profits to themselves, but banks keep a huge part and share the rest with depositors.

[panganib999]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Quite the contrary. Banks could sell all their massive holdings and leave, all because they know that they are the very reason why money is made. Whales in crypto are held by the neck by the economy and the people that is involved. The moment that they sell their holdings, they will carry with market crashes of magnanimous amounts which could kill the very asset that they kept alive for so long. Plus, these whales (at least I hope) didn't come from cheating and stealing and lying their way to the top of the market share. They became the way they are because they believed in the coin and held on for dear life even though it takes years for fruit to fall down the tree. I don't need to say how greedy and manipulating these banks are, which are the cause for their rise in power. So as you can see, they are not the same in any way whatsoever.

[smile1218]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Banks are traditional financial institutions that are duly regulated by the governments and they provide a wide range of financial services like savings, checking account, loans and credit card. While the so called Big Whales in the crypto industry are the individuals or entities that hold large amounts of crypto currencies such as Bitcoin, ETH and other crypto currencies. Bank are subjected to government regulations while big whales can operate decentralized and unregulated market or anonymous.

Banks earn profits by charging higher interest rates on loans compared to the interest they pay on deposits. Big whales buy crypto currencies when the prices are low and sell them when the prices are high, earning profits from the price difference. Banks and big whales in crypto operate in different market and the are subject to different regulations.

[Texac]

the whale is an individual investor with control over the cash flow since crypto is decentralised.

what evidence shows you that whales are individual investors? They can also be an organization, a group of people with much money playing together.  sharks can be anyone as long as they have a lot of money and have the ability to manipulate the market.  one more thing, the crypto industry is not decentralized, only bitcoin is the only decentralized coin of the entire crypto market.  The rest of the altcoins are centralized, just like traditional banks and institutions.

[boyptc]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.

As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.

From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.

There's difference as we don't know exactly the identity of the whales. We are just speculating on who they are.
Also, as mentioned, they seem to be moving on their own as individual players. So we can't determine where they are heading next.
Which means, they don't have concrete path to go to, their movement is more fluid as it depends on the market scenario.
Whereas, banking institutions have their own target before they get into this market as the decision is not only handle by one person but a group of individuals.
Hence, the time of getting decision is not the same with whales. They can't decide on their own as they have others to think about.

I think if it's all about path, they've got clear paths on what they want to take. They're eager to just win their trades and take over those weak hands money as they really are the targets of them.

And for a whale, I am sure that they won't boast that they're a whale even those known crypto personalities that have been known to be holding a lot. They don't boast themselves that they're a whale or they can be a par with the assets or be considered wealthy as a banking institution.

There's really a huge difference on them but comparisons are way far from each other.

[romero121]

In simple banks just collect the deposits made by the common people as pennies and give as loans to the millionaires and billionaires. They just keep on investing and grow their wealth whereas the common people suffers when we get to know some of the millionaires business have bankrupt and escaped (went away from the country). What they've done indirectly affect country's economy that directly injects the common people.

When it comes to whales in the cryptomarket, they try to manipulate the market and profit. This happens to some extent as the market is speculative, beyond which the market doesn't let them have the influence.

[adaseb]

I don’t think banks and whales are really that alike. Most whales take risks and they earn their profits with investing. Banks don’t do that. They generally invest in extremely safe assets like bonds. How many whales do you know that both bonds which yields 0.5%? Probably none.

Yes the savings we get from banks is low. That’s why many people just send it to a money market fund. And this is why the deposits are declining from many banks especially the small ones. Why keep it there and risk a bank run and get paid nothing in interest.

[noorman0]

First, I need to know what is your perspective on whales specifically. Maybe you think of those who have a large amount of crypto, but that doesn't mean that one of the sources of their wealth is not from a centralized business that is no different from a bank (or worse). Call it CZ, do you think he's a whale?
Banks can transparently extort their customers with centralized policies, but whales can stealthily rob several crypto users at once in many ways.

[Kakmakr]

Bitcoin whales does not loan money to anyone and charging them interest on the outstanding amount. They are just traders with a lot of coins, trying to make some good profits by buying low and selling high.

This is no different than anyone that are buying and selling on the Stock exchange or on the Forex markets. People are labeling whales as some evil entity, but they are just early investors or rich people, trying to make more profits.

[retreat]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

They are different. Whales are whales and banks are banks, they are two different entities, the only thing they have in common is that they are related to the economy. When the whales move, the crypto economy can be affected, and so can banks, when they go bankrupt or when the central bank raises interest rates it will affect a country's economy and it can also affect the crypto economy. Moreover, whales usually influence the crypto market significantly more than banks which do not, but if the bank becomes a crypto whale it will be a different story. And many other differences and therefore the two entities are different.

[ancafe]

Banks are a system controlled by the government while PAUS are more independent and move according to their own instincts and analysis in playing their role. That means banks and Whales are different?

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders

That's how banks make profits and without us they would never survive in a centralized financial system, they expect a return on the savings of their customers and the loans they give to people. Playing with interest rates from administrative fees, loan interest and savings, but this system will stop when these three aspects are absent.

i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Whales are more independent and individual, they don't use other people's money to buy bitcoin, but actually use their own money under any circumstances so there is a big difference between Whales and BANK.

PAUS are also the same as us who buy bitcoin but the difference is that they are able to play a bigger role with the amount of finance they have, that's why they are called PAUS who have their own role in playing market conditions but they are also unable to regulate bitcoin prices.

[Davian144]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

I wouldn't consider them to be the same in any way nor in this, because basically they both have the ability to buy and persuade other people in certain things. But every final decision is always up to each person to believe or not, because banks that offer deposits based on the services they have for customers to use will always promote this to everyone so those who are interested in this promotion will definitely become the bank's customers.

As for the whales in the crypto space, they are simply taking advantage of the moment of price dips to buy on holders who are already panicking and no longer willing to hold on for long. And in this case it can be concluded that the whales were not wrong because they only made offers and carried out their strategy, the rest returned to the holders who panicked when they saw a decline in market prices. Because those who sell it are also based on their own decisions, not on the basis of other people's decisions.

[TheUltraElite]

Whales take advantage of the market movements but banks are not playing with our money in all cases. Both are totally different from each other and although you can compare like that, it does not make sense.

If you want to win against the whale you just have to play against it. Buy when they sell and sell when they buy.

Banks are essential establishments that you will need to survive in a fiat world and keep fixed deposits or recurring deposits in. Use  them as per your need in order to complement the shortcomings of crypto.

[kaseygriffin]

It is true that banks are capitalizing on profits from customer deposits through investing in more profitable financial products. However, the comparison between banks and crypto investors is not entirely accurate. Banks operate on the regulations and power of the entire financial system, whereas a cryptocurrency is a decentralized financial platform and does not depend on who has control over the system. And cryptocurrency trading is also risky and technically complicated, especially for those just starting out. Meanwhile, banks provide users with a greater confidence in safety and security in the storage and use of their funds.

[irhact]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

They're not the same, banks are using their costumers money to make investments and make profits but give the customers very small percentage of the profits made. Banks print money, banks control the flow of money. Banks are more like exchange as exchange also use customers money for their investment that's why just like the banks, they want more deposit more than withdrawals.

Crypto whales are different, the profits they make is because of their own investment and not because they're depending on people money. We have whales in form of exchanges that use customer money to manipulate the market but if caught they'll collapse like FTX.

[rby]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

They're not the same, banks are using their costumers money to make investments and make profits but give the customers very small percentage of the profits made. Banks print money, banks control the flow of money. Banks are more like exchange as exchange also use customers money for their investment that's why just like the banks, they want more deposit more than withdrawals.

Crypto whales are different, the profits they make is because of their own investment and not because they're depending on people money. We have whales in form of exchanges that use customer money to manipulate the market but if caught they'll collapse like FTX.

You didn't mention one big function of banks that make them have a striking resemblance with the crypto whales, even the OP that created the post didn't even capture it.

As whales to cryptocurrency market, so also banks to forex market. Whales are the institutional traders in cryptocurrency who ordinary traders follow in the market While banks are the institutional traders in the forex market who ordinary forex trader follows. That is what they have in common.
So, it will be more correct to say that banks are like whales and also like exchanges in cryptocurrency world.

[YUriy1991]

If look at it, it is very different, following the pattern of work. I will try to explain one by one. Banks in carrying out their business carry out various ways so that customers want to put their money in the bank by promoting their superior programs such as loans for their customers. Those who need it can apply with the terms and conditions apply. So, at this point, they are benefiting from the monthly installments of their customers. For big whales, the pattern of work is to take advantage of market conditions, especially when there are repeated corrections, they buy during a downturn and resell it in a bullish market.

The most striking thing here, in my opinion, is from a security point of view. Bank Users are highly regulated and insured which means customer deposits are protected up to a certain amount. Meanwhile, the crypto market is largely unregulated and highly volatile with various risks ahead. So. in my opinion both are different entities with different Patterns and concepts.

[LastKiss]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Well it's different, whales buy crypto when its at a low price meanwhile why don't we buy crypto at a low price too? Banks got their profit from nowhere because of the Bank interest but for crypto especially investment it's increasing because other people buy Bitcoin which makes Bitcoin prices always increase.

[yhiaali3]

There are many differences, banks are centralized and controlled by the government and control its decisions and are subject to its laws, but the whale works alone and it can be said that it is decentralized because it does not control any coin completely, also it works in secret and may not be subject to the laws of the government.

Banks earn from interest and deposits, but they give some profits to investors and the government, while the whale earns by manipulating prices and swallowing all the profits alone without the participation of anyone.

Another thing is that if the banks go bankrupt, they will cause the investors’ money to be lost. As for the bankruptcy of the whale, it affects only him and no one else.

[davis196]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

No, they are not the same. Most banks are trading stocks and bonds, while the crypto whales are trading cryptocurrencies, which have way higher risk than most stocks and bonds.
The banks use depositor's money and loaned capital. The crypto whales usually invest their own money(I exclude the crypto scammers like Sam Bankman-Fried, who became crypto whales by stealing people's crypto).
The banks offer various financial services to the people, the crypto whales work mostly for themselves(some crypto whales might own big crypto exchanges and crypto companies).

[Hamza2424]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

This is Unfair comperison both are different entities in the financial and sector and by their mean of definition. Still in your views my words are..

Their Strategy seems to be the same but it's not the same in fact. Understand Whales accumulate and they show patience and then they never sell all it to like getting fixed interests their profits are way bigger than the Fixed APY's, Also Banks are the institutes that have many sources to generate money but the whales are fully dependent on the market. Banks had nothing to do with the market and its circulation circle but on the same point Whale's whole investment results are dependent on the market and circulation.

-Banks Earn by:

• Intrests
• Transection Fees
• Imposing different Policies / Investments
• Service Fees

-Whales Earn by:

• Investment returns
• Trading
• Staking

[DrBeer]

First you need to understand the difference:
- Financial market
- Crypto market

The financial market is built on the flow of money, schemes for their multiplication, etc. actions aimed at "money makes money

The crypto market is almost completely speculative, which attracts a lot of people in search of FAST and / or BIG profit, as is customary on such markets.

This is the big difference - the financial sector makes a profit regularly but without fantastic X's. Crypto market - manipulates the market, "chases waves", and earns "in a long" position

[bayudndy]

I think the difference between banks and crypto whales is that banks are usually corporate organizations that even have their own government behind them to help them, so in times of crisis, the government can help them a bit. Crypto whales are usually individuals who hold a large amount of cryptocurrency and do not share it with other individuals or organizations.

In addition, in terms of profits, banks have to distribute profits to shareholders according to the proposed discussion; besides, whoever holds more shares will get more profits. As for the crypto whales, they will make a profit for themselves. Whether they lose or gain, they will bear it on their own and not share it with anyone else.

[avikz]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Banks and whales do not have any similarities at all. Their modus operandi is entirely different. Banks earn on interest rate spreads and whales earn by buying low and selling high. So they are very different.

Also banks use public money to generate income and whales are mostly individuals and corporates using money from their income. Don't mix these two different types of entities.

[EarnOnVictor]

The context of banks and whales could only be compared in trading and investment as they do not represent the same fundamentals. Banks are companies/organizations working in the financial institution, but whales could be an individual or a body, they don't necessarily need to work in any financial institution. However, what they mainly have that makes them called "Whales" is their big money investment in cryptocurrencies.

Now, banks and other financial institutions are also investing in cryptocurrencies to increase the liquidity of the market, so they could also arguably be called whales if the context must subsist with cryptocurrency in the general sense.

[demonica]

I feel like the only similarities between banks and whales is that they have big amount of funds they use. However, they have more difference rather than their similarities. First is, banks are an institution run by people while whales are the people themselves. Banks earn their profit through their financiall services with a corresponding interest and fees. While whales earn by trading and investing in crypto market. Banks take advantage and benefit from othe people's money hiding in the mask of financial service they provide. But whales don't provide anything to others and they use their own funds.

Rather than the thing you've mentioned, what else made you think that they're similar cause there were more difference than their similarities?

[Solosanz]

There are many difference between banks and whales, banks are regulated, never lose, has access to everyone holdings and can easily manipulating the market. While whales aren't regulated, sometime can lose, no access to everyone holdings, and could manipulate the market. Whales has a chance to control the market, but banks have 100% power to control the market.

This mean, banks is more dangerous than whales.

[KiaKia]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Is this the only fault that you see in Banks? banks are very good at using their customers fund for other things like trading and running other business without informing their customers, believe me, they are very good at it, because I have a family member who works in the bank and he have worked is different banks before, he told me how banks use customer money to run other businesses and investments, many people don't know this.

It's like the bank is telling us that we lack the knowledge to use our money to get better Returns and since they're willing to keep our money for us, then they have the right to make use of the money for their own gains.

[Cookdata]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The way we have whales in crypto, the same way we have them in other financial sectors, we have big people in banks that act as the CEOs with big reasonable amounts of money. In crypto, they are usually higher institutions but the government groups who operate most of the banking industry and the common thing between higher institutions and the banking whales are there to make money and don't get offended because they dominated the crypto space, they are much needed to provide liquidity and volume to increase the interest of other investors, they may have high stakes in crypto projects which yield them high profits but without them, the profits they will earn may be worth nothing.

[inthelongrun]

Are they really worth comparing because both are too different from each other?

Banks are more focused on offering services to the public. Banks are more like crypto exchanges that cater to a lot of clients and earn fees thru their services. Banks offer interest on deposits and loans.

Big whales in crypto on the other hand are just huge investors and traders. And even some of these whales are directly or indirectly banks. Banks with each wide services and business ventures also have departments that take care of their investments and trades.

[Findingnemo]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Banks create money and inject it to the economy via customers in the name of loan and the money is nothing but some ink and paper combined whereas a whale is an individual who bought huge amount of crypto assets with their real money and now has the enough asset value which can manipulate the price of crypto assets but it will work only in short term and whale risking the crypto assets too just like everyone else.

They aren't doing anything bad, they just use the situation to make more money with the money they have and if you see this as crime then every business in this world is following that strategy.

[uneng]

Both are powerful and influent inside the niches of the economy where they are inserted, and become even more similar when you consider crypto whales as companies such as Binance, Coinbase, FTX and others. Actually, the goal of many crypto whales is to become crypto banks, although the volatility and speculative characteristics of this market makes it hard for them to fulfill their objectives. It's hard for them to bring the average customer from the traditional banking system to crypto environment. But if they did it, I guess there wouldn't be many differences between banks and whales anymore...

Probably protectionism from the governments towards traditional banks would be still the main difference when compared to the services provided by crypto whales. While one is endorsed and favoured by public policies, the other is totally discouraged.

[bluebit25]

Banks and crypto whales have significant differences, and their focus and primary activities are also distinct from each other. Banks are financial institutions that provide a variety of services to people. They generate revenue through fees, interest rates, and other financial services for a large group of customers. Crypto whales hold a significant amount of cryptocurrency in their portfolios. By buying, selling, and holding various digital assets, they can have a significant influence on the market.

[CryptSafe]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The banks and the Crypto whales are no difference. The both are big time market manipulators. They always want to control the market to their own benefits and to the detriment if other holders. They insight fud and other measures to stir up panic and fear to sell after that they end up buying everything from the panic sellers at very low price then they come come up with another strategy to pump the market again and sell to making Huge gains from the shares bought at low. This circle keeps repeating and repeating over and over again without any sanctions against their act because it is an open market and every one has the right to free trading.

[bayu7adi]

-Whales Earn by:

• Investment returns
• Trading
• Staking

Did you know? Whales in the crypto world, which refers to those with significant holdings, play a vital role in various profitable crypto-related trades and services. Interestingly, there's a persistent myth associating them with Bitcoin price manipulation.
If that holds true, it would delve even deeper into the complexity of their current activities. From the strategies employed to their execution, it undoubtedly involves the collaboration of many individuals. They might even engage prominent media outlets to collaborate in creating new trends within the crypto sphere. All of these endeavors fall within the business realm orchestrated by crypto whales.

[Fatunad]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The banks and the Crypto whales are no difference. The both are big time market manipulators. They always want to control the market to their own benefits and to the detriment if other holders. They insight fud and other measures to stir up panic and fear to sell after that they end up buying everything from the panic sellers at very low price then they come come up with another strategy to pump the market again and sell to making Huge gains from the shares bought at low. This circle keeps repeating and repeating over and over again without any sanctions against their act because it is an open market and every one has the right to free trading.

But you should really be able to know about their main difference. A whale is a certain individual and a bank is an institution which we know that how big the composition would be. When it comes to function then it is really that pertaining to cash flow and banks arent limited on giving out loans out of peoples money but also in other services and other functions which we know that it isnt something that somewhat ethical on some point but there's no way that we could really go against with it just because this had been part of the traditional way on dealing up with things or shall we say the basic concept on what are the things been working around.
Whereas, if we do talk about a certain individual or whale, yes they could make some manipulation but we know that not all the time that their plans would work accordingly, which means that risks been taken is something that big which they would be losing up money instead of making one on the time that they do manipulate. Come to think that Bitcoin or crypto space market is never been that small, making some percentage
or significant movement isnt really just something that simple to be done if ever t hey would be having those kind of plans.

[Flexystar]

Ehh, I don’t think there is any comparison between the two. The whales are big bag holders of bitcoin and they earn money with the investments they have made into it. The profits are actually booked with the price hikes, DCA investments, buy and sell cycles and staking. They earn higher because bitcoin up transition is always high as compared to savings, FD, and loan interests. That is nothing however collective earnings are huge for the banks. Government or private sector banks they will also have commercial bank accounts with billions in transactions happening everyday or may be more on international scales. Imagine the interest they would be earning. Basically whales are earning high range money but that is being done on their individual levels too.

[nesty]

Big whales who uses crypto refers to the entities or individuals who holds a big sum of crypto currency and they are indeed have the potential to influence the market value of the crypto currency through their trading or buying and selling activities. Banks are the local traditional financial institutions that are regulated by the government and they provide a range of financial services like savings or deposit, loans, investments and even credit cards. The big whales usual operate in a decentralize and largely unregulated environment while banks are centralized and regulated by the government.

[YOSHIE]

collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Before you talk about the similarities between Banks and Crypto whales, I think you should first get to know the actions of Banks and Crypto whales, so that you don't misunderstand and interpret between Banks and Crypto whales.

First you have to understand about What Is a Crypto Whale?
A brief description.

A cryptocurrency whale, more commonly known as a "crypto whale" or just a "whale," is a cryptocurrency community term that refers to individuals or entities that hold large amounts of cryptocurrency. Whales own enough cryptocurrency to influence currency markets.

The second understanding of the Bank. A brief description.

Banks are controlled and supervised by government, but Cryptocurrency are decentralized and not backed by any government.

After you see these two differences what is in your mind, do you still want to say Banks and crypto whales still have something in common.

For me it's definitely not the same, profit or loss, Crypto whales are more risky when you trade and invest, bank risk loss is practically non-existent, they have the grace to act, before taking the decision to issue money.

[kojektea]

Banks make a profit from the circulation of their customers' money. but the whales have to make the news that sometimes makes ordinary people investing have to sell or buy more quickly. well that's at least a perceptible difference of how they profit. but if we are smart we should be able to follow how they make trends. if we go against the trend then be prepared to become whale food.

[coinerer]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Bank business and crypro investment is not some. bank has passive income by leading but cryptocurrency whales investors get high profit time to time but there profit is not guaranteed all the time. But banks have interest guarantees and they keep enough evidence to lend to customers and keep collateral for big loans.  But there is no guarantee of profit in investing in crypto.  So these two cannot be considered as similar. there are many differences between these two

[Gyfts]

Banks had nothing to do with the market and its circulation circle but on the same point Whale's whole investment results are dependent on the market and circulation.

Whales have the ability to manipulate the market and banks don't manipulate markets by technicality through their intent, but they can affect markets through reckless conduct because of how much capital they have access to. The '08 global economic crash was entirely self inflicted by large banks creating a housing bubble, taking large amounts of capital and putting them into unstable securities that they knew were unsustainable.

Market manipulation involves risk which is why people with large amounts of capital stay away, but nonetheless, whales and banks have access to large amounts of capital and they can shift the market.

[Mauser]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

I don't agree with you that banks in fiat money are the same as big whales in the cryptos community. First of all, the banks actually hold all our money compared to the whales that don't have any access to our coins. If a bank goes bankrupt and the government wouldn't bail out the bank than all our money would be lost. The second big difference is that banks need our money to make a profit. Without deposits the bank would have no capital to give out as loans and couldn't pay their employees. That is why the banks compete against each other with offering higher interest rates on the savings account. Such a business has nothing to do with whales in the crypto community. The whales own a lot of coins, but they are all their own coins and they are not collecting more coins from customers to pay them periodical interest. In terms of power it might be the case that whales, similiar to the big banks can influence prices in their favour, but these manipulations are usually just short term. One bank or one whale alone doesn’t have enough capital to influence the market for a long period of time.

[beerlover]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

I think the capability of acting quick is the biggest difference. If I am just a person and have a billion dollars and buy bitcoin with it, then I can sell it as quickly as I bought it and it would not take too long, even if it is OTC purchase, then I can do it as quickly for selling too.

However, if I am a bank, or a company and buy or sell bitcoin then I would not be able to make that quick decisions, you get the board together, you talk about it,  you vote on it etc etc, it takes a long time to do that and that is why it is not a smart decision. I personally hope that the best thing to do for this case would be making sure that we are at a stage where big companies, no matter if bank or not, can't make these decisions silently neither, so there is a huge difference.

[serjent05]

The huge difference is that banks are backed up by the government and they are regulated, while whales acts independently from the government.  Another difference is whales use their own money for their activities while banks use other money for their operation and maintenance.  Whales profit is limited through trading, while banks have lots of services where they can get their profit.

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

I don't agree with you that banks in fiat money are the same as big whales in the cryptos community. First of all, the banks actually hold all our money compared to the whales that don't have any access to our coins. If a bank goes bankrupt and the government wouldn't bail out the bank than all our money would be lost. The second big difference is that banks need our money to make a profit. Without deposits the bank would have no capital to give out as loans and couldn't pay their employees. That is why the banks compete against each other with offering higher interest rates on the savings account. Such a business has nothing to do with whales in the crypto community. The whales own a lot of coins, but they are all their own coins and they are not collecting more coins from customers to pay them periodical interest. In terms of power it might be the case that whales, similiar to the big banks can influence prices in their favour, but these manipulations are usually just short term. One bank or one whale alone doesn’t have enough capital to influence the market for a long period of time.

Same here, I always think that these two entities are very different from each other for the reason I stated above,

[dansus021]

You already know it at the first place they are different in my opinion whale making profit from price different of price volatility while bank from our deposited money.

Whales not just in crypto they exist on every investment instrument take a look BlackRock I would consider them as Whale since they have mostly 10% of top US Stock and can do living just by dividend or sell some when the price is high enough.

[fuguebtc]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

They are different. Whales are whales and banks are banks, they are two different entities, the only thing they have in common is that they are related to the economy. When the whales move, the crypto economy can be affected, and so can banks, when they go bankrupt or when the central bank raises interest rates it will affect a country's economy and it can also affect the crypto economy. Moreover, whales usually influence the crypto market significantly more than banks which do not, but if the bank becomes a crypto whale it will be a different story. And many other differences and therefore the two entities are different.

They are 2 completely different entities or just 1, we have no proof for that. The whales on the market are mostly also anonymous, and we don't know who they are. I also used to have an idle thought that it could be whales, sharks in the market, it could be the government, the bank... anyone. Because the common need of people is to need money, and they like us, will not be stupid to give up the opportunity to make easy money. Don't believe what we're seeing, banks openly hate bitcoin, but that doesn't mean they don't invest in bitcoin because bitcoin is anonymous. Everything is possible.

[xSkylarx]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

They are different. Whales are whales and banks are banks, they are two different entities, the only thing they have in common is that they are related to the economy. When the whales move, the crypto economy can be affected, and so can banks, when they go bankrupt or when the central bank raises interest rates it will affect a country's economy and it can also affect the crypto economy. Moreover, whales usually influence the crypto market significantly more than banks which do not, but if the bank becomes a crypto whale it will be a different story. And many other differences and therefore the two entities are different.

They are 2 completely different entities or just 1, we have no proof for that. The whales on the market are mostly also anonymous, and we don't know who they are. I also used to have an idle thought that it could be whales, sharks in the market, it could be the government, the bank... anyone. Because the common need of people is to need money, and they like us, will not be stupid to give up the opportunity to make easy money. Don't believe what we're seeing, banks openly hate bitcoin, but that doesn't mean they don't invest in bitcoin because bitcoin is anonymous. Everything is possible.

It is really possible, as we really don't know where the whales are. We don't know if that is a bank, right? As they have that huge amount of money that can do it, as well as the government, everything is possible as we don't know their identity, and that is really bitcoin; it can make you anonymous. Just imagine how their moves can affect the price. But for now, as we noticed, we don't have proof, so they are both different and not the same, making it difficult to compare them as we only have theory and no proof.

[indo1]

the banks control fiat money completely and the big whales are the rulers of the crypto market who can control the price of any coin they want as they please. both are the same, if we go against the flow of the movement between them we will destroy our own assets, if we dare to oppose the bank, they are very easy to take our assets in various ways. if we offend the whales we will easily lose our crypto assets even what we have invested years of they easily destroy it with the influence they bring.

[Rabata]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

There are certainly differences between banks and big crypto whales. Bank Businesses operate with normal public money but a crypto whale spends his own money. Banks collect money from depositors and make profits there by lending money at a fixed rate among others. The main things is can earn money regularly form their client. But a crypto whale has to wait until he can earn profits. An organization operated in a centralized system while another is completely decentralized. Banks have to get permission from the central bank of that country to take any major decision, but crypto whales are completely independent.

[Wong Gendheng]

Both are of course different things, the bank is a coordinated company and has a strong legality because it must support all government programs, while Whales in Crypto is a speculatory that is never known so it is very difficult to detect it, Whales in Crypto plays a role for Pump or Dump Market because of support Financial is strong while banks cannot do dumps or pumps because it has been regulated by the government.

[bitzizzix]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Banks are financial institutions that provide banking services such as accepting deposits, providing loans and providing other financial services and are supported and regulated by the government.
whereas crypto whale or bitcoin is a cryptocurrency term that refers to an individual or entity that owns a very large number of bitcoins, and can influence the market and they can also move the market themselves and can also pump and dump at will. And both have a lot of differences and no acidity at all.

[calonpa]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The main difference is that banks are controlled by government while whales are private individuals like you and me. In some countries, banks deposits are insured as well till certain amount.

[Synchronice]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

There is a difference, you can't become a bank and can't offer loan/deposit to people assuming you are not a multi billionaire. But in crypto, it's different, no one stops you from buying coins during dip and selling them when they are expensive, you can even do margin trading and short sell during bear run.
But in reality, I think you should compare banks to exchanges like Binance because these exchanges sometimes manipulate futures market and liquidate users assets. In futures or margin trading, every whale can fail if exchange wants so.

[CarnagexD]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Here's a simple analogy, "All banks can be a whale, but not all whales can be a bank."

A bank can be an investor putting a large sum of funds in crypto and moving the price. But not all large funds can have the authority handled by the banks. Being a whale is just a term used for market participants who have millions of dollars in exposure that would make the price of any coin move impulsively. Banks are there to centralize and regulate the money of those people who trust them. Whales depend on the market and financial environment to make money trading higher or lower.

[fullhdpixel]

I think the difference between banks and crypto whales is that banks are usually corporate organizations that even have their own government behind them to help them, so in times of crisis, the government can help them a bit. Crypto whales are usually individuals who hold a large amount of cryptocurrency and do not share it with other individuals or organizations.

In addition, in terms of profits, banks have to distribute profits to shareholders according to the proposed discussion; besides, whoever holds more shares will get more profits. As for the crypto whales, they will make a profit for themselves. Whether they lose or gain, they will bear it on their own and not share it with anyone else.

Whale are often seen as individual. Maybe most of them but there might be whale which has a lot of connection and they might have an organization to make their activities more successful. There are many people who use banks up until now so I think banks earn more profit than in whales but the only problem is their profit is divided on different people.

Other than share holders banks also need to pay their workers and pay the expenses to operate the bank. Banks are useful but whales? I think they aren't totally. They mostly think about themselves, manipulating the market recklessly and those who do business here are badly affected.

[TheUltraElite]

The main difference is that banks are controlled by government while whales are private individuals like you and me. In some countries, banks deposits are insured as well till certain amount.

Banks and whales are not comparable at all. Banks give loans, take deposits. Whales buy/sell asets on a large scale and use that to manipulate the market. One does it for their and public's benefit while the other only wants to profit from the market movements. Whales are also loan sharks but that number is limited and they are usually predatory in nature.

Besides banks have a lot more number of services to provide, whales are not intended for that.

[Paul Pogba]

Banks and whales in crypto are of course 2 different things, banks have strong legality and work according to state regulations so that banks always get support or assistance if they experience liquidity difficulties, while whales in crypto are investors who have large capital and can control prices .

[smile1218]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

That is right banks are earning big profit from our deposits compare to the interest that we get from them. Banks and big whales are far different from each other. Banks are traditional financial institutions that is regulated by the government and of course they have strict rules and regulations that they must follow. Banks provide different kinds of products and services including loans, savings account and investment accounts. However big whales in crypto are the individuals that hold a large amount of crypto currency and they are not regulated by the government and they are not connected to the traditional banking system.

[Cryptmuster]

Banks and whales are not comparable at all. Banks give loans, take deposits. Whales buy/sell asets on a large scale and use that to manipulate the market. One does it for their and public's benefit while the other only wants to profit from the market movements. Whales are also loan sharks but that number is limited and they are usually predatory in nature.

Besides banks have a lot more number of services to provide, whales are not intended for that.

Yes, the difference seems too big to be compared. Banks accept money on deposits in order to make money on issuing loans, but at the same time they give part of the profit to depositors, in addition, banks are entire structures with great functionality, and the whales are aimed only at making a profit from the transaction, while trying to manipulate the market if possible , or a separate coin.

[19Nov16]

When I went to school, the easiest thing to measure a country's economic condition was to look at the performance of the banks, if the performance of the banks was good, the economy would be good, in countries that had problems with the economy, banks also had problems, for example, there were many banks that collapsed because they did not have a capital ratio, too many credit problems. big and so on, banks certainly have a big role in building the economy and this is what we are waiting for after the presence of cryptocurrencies.

[slapper]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

That is right banks are earning big profit from our deposits compare to the interest that we get from them. Banks and big whales are far different from each other. Banks are traditional financial institutions that is regulated by the government and of course they have strict rules and regulations that they must follow. Banks provide different kinds of products and services including loans, savings account and investment accounts. However big whales in crypto are the individuals that hold a large amount of crypto currency and they are not regulated by the government and they are not connected to the traditional banking system.

Isn't it a hoot? Both banks and the big fish of the crypto pond might appear to be in cahoots, racing together towards a common finish line: cheddar city (and I'm not talking cheese)! Their tactics, however, are as divergent as a penguin and a peacock. Banks? They're the Grandmasters of the financial chessboard, strictly abiding by the rulebook, each move as calculated as a master's thesis. Crypto whales? They're the wild cards, the daredevils, ready to turn the ship upside down, boldly going where no man – or money – has dared to venture.

Sure, let's be crystal clear: the game in Bankville is about safety first, slow and steady. They've got rules, red tape, the full Monty. And the crypto Leviathans? They’re charting their own course in a sea of digital currency. Regulations? As useful as a chocolate teapot, they're playing a freestyle game. Today they’re snapping up low, tomorrow they might be offloading high. Talk about a financial rodeo!

But hey, don’t get your wires crossed. Crypto isn't a walk in the park. It's more like blindfolded bungee jumping! It's a wild ride where the next twist and turn is anyone's guess. So, buckle up and pick your lane wisely

[Kadal Ijo]

Banks and whales in crypto are of course different things, like we know that the rumor that prices are controlled by whales has been around for a long time, but because crypto is anonymous this is very difficult to prove, I'm sure there are hundreds or thousands of whales backed by big funds to control the market and of course the main goal is that they get profit when the price is pump or dump.

[axxo]

These two are very different entities the banks and the big whales in crypto. Banks are traditional financial institutions that offer a wide range of services, including savings accounts; loans, credit cards, and investment products. They are regulated by the government agencies and are subject to strict compliance requirements. While Big whales in crypto refers to individuals or company that hold a large amount of cryptocurrency. This individuals can influence the price of cryptocurrencies through their buying and selling activities, and they often have significant control over the market. One of the difference between banks and big whales in crypto is their level of regulation. While banks are subject to government oversight and must comply with the range of regulations, big whales in crypto operate in a largely unregulated market. This lack of regulation can make the crypto market more volatile and unpredictable than traditional financial markets. Banks are typically open to anyone who meets their account requirements, while big whales in crypto often require significant financial resources to participate in the market.

[Davian144]

Banks and whales in crypto are of course different things, like we know that the rumor that prices are controlled by whales has been around for a long time, but because crypto is anonymous this is very difficult to prove, I'm sure there are hundreds or thousands of whales backed by big funds to control the market and of course the main goal is that they get profit when the price is pump or dump.

The ability of the whales cannot be denied because besides they have a great level of knowledge in terms of investment and trade, they also have enormous capital capabilities so it is only natural that they can dominate the market. And I think it doesn't need to be proven because it's clearly seen when some of them (the whales) start selling their holdings to the market, the price of certain assets or the assets they sell immediately drops sharply even though at other times the assets they sell it can increase again with a higher level of purchases through other whales.

[Outhue]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

It could be happening already, who knows? But there is nothing to prove here that Banks are investing money in Crypto, I think they understand the risk between crypto investment and Stock investment and I am aware of their involvement in the Stock market, they do use deposits from customers' fixed accounts to invest into Stock market, Robert Kiyosaki revealed something like this in one of his videos too, the Banks outsmart the masses, that keeping money in the bank is the best practice for the people, they promised them some percentage per year but they already knew what they are going to do with the customers money.

[Faisal2202]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

How can they be the same? the working mechanism and earning mechanism of both parties are totally different, Whales earn from the crypto market, by buying low and selling high, and there are other small strategies included too, such as when they want to buy they dip the market collectively as they have formed collusion and when they want to dip market they short it and when they fill up their bags, and they do know after filling bags market will take an upswing, they long the market.

And, banks, earned in various ways, like from bonds money, tax money, fee money (which we have to pay on each transaction), interest money they earn and many banks do make a statement that they do not use customer's money but many still do, they invest in startups from the customers and investors money and earn profit out of it.

The working of both parties is totally different, so they are not the same but to some extent only, because Whales manipulated the crypto market and banks manipulated the world's (traditional) market.

[Gallar]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Banks and big whales in crypto, I don't think have significant similarities. Because the two have nothing in common from any aspect.

When talking about a bank, it is an agency or a financial institution, which collects money from its customers, and this money is used by the bank, for other customers, and basically for the benefit of the customer. Such as being distributed to all existing ATM machines, or when a bank customer wants to apply for a loan from the bank. While the term whale exists in the crypto world, it is not an institution or company, but a whale is an individual who invests or trades in crypto and has large capital and all of this capital is invested in crypto. Whales are also usually able to control one particular crypto asset price, all because of the money capital owned by the whale, and directly when the whale wants to manipulate one of the crypto prices, of course it can. Because the crypto they have, far more than other crypto investors.

So it's clear that the two are very different, and have nothing in common.

[smile1218]

Big whales and banks both hold a big amount of wealth and assets but of course both have difference with each other. A big whales in crypto are typically individuals or company that have invested heavily in cryptocurrencies and hold a large amount of digital assets. Banks on the other hand are financial institutions that provide a range of services including holding deposits, lending money and facilitating transactions. Big whales in crypto operate in a decentralized market while banks is regulated by government and financial authorities and must follow the strict rules and regulations. Big whales in crypto have the potential for higher profit on their investments due to the volatility of the crypto market. Banks offering more stable returns.

[Aanuoluwatofunmi]

Banks and whales in crypto are of course 2 different things, banks have strong legality and work according to state regulations so that banks always get support or assistance if they experience liquidity difficulties, while whales in crypto are investors who have large capital and can control prices .

They are two different categories and has different ways of operations, banks are dealing with fiat currencies in most cases where cryptocurrency is not allowed by their government to be operated through banks, banks also have the regulation of government controlling them as a centralized authority guiding their affairs, while crypto whales are individuals or institutions that have a large holding of cryptocurrencies in their wallet, what makes them different is when they have these asset on a decentralized wallet but when they are centralized with them, they are custodial holders securing with exchanges and exchanges are similar to banks.

[gantez]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

This is the same with those who run telegram group that are bringing crypto community in one group and give them some orientation and after sending them to sell or buy the coin that they selected for them because they will have profit on it if they dump as the price go down because they will wait and buy them all back. This is also what the bank is doing. The bank loan the customer money and charge high interest from them also .

[Unbunplease]

Big whales and banks both hold a big amount of wealth and assets but of course both have difference with each other. A big whales in crypto are typically individuals or company that have invested heavily in cryptocurrencies and hold a large amount of digital assets. Banks on the other hand are financial institutions that provide a range of services including holding deposits, lending money and facilitating transactions. Big whales in crypto operate in a decentralized market while banks is regulated by government and financial authorities and must follow the strict rules and regulations. Big whales in crypto have the potential for higher profit on their investments due to the volatility of the crypto market. Banks offering more stable returns.

In my opinion, the big whales are those who can directly influence the cryptocurrencies they own. They can quietly manipulate them. On the other hand, the banks own the currencies. They can influence the rate, but they still have to look back at others.  So the ability to manipulate is one of the main differences.

[axxo]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Well banks and big whales in crypto are two different entities. Banks are traditional institutions that provide a wide range of financial services including loans, savings accounts and investment products and they are regulated by governments and are subject to strict rules and regulation. While big whales in crypto are individuals that hold large amounts of cryptocurrencies. Those individuals can impact the price of cryptocurrencies by buying or selling in large amount. Big whales are not regulated by government and they can operate in a large unregulated market. One of the difference also is the transparency of the transactions because in bank they transactions are mostly known by the government while in crypto they can do transaction anonymously.

[Compromise me]

There are different account in bank each account of bank are fixed interest rate and bank provide own customer security and liquidity.
Cryptocurrencies have big whales like Bitcoin holders. Cryptocurrencies have the potential for high profits but they are not fixed. This is the difference between  crypticcurrencies and bank . crypto currency has risk and bank has no risk.

[tjtonmoy]

The only thing that seems somewhat similar between traditional banking and whales in crypto is in terms of profit-making. Low interest on saving and high interest on lending is the way banks make profits. In the case of crypto whales, they buy in the dip at a low price and sell them when the price is high. That's their way of making profits.

Other than this, I can not find any other similarities between them. The banking system is an organization that is controlled by multiple entities. on the other hand, a crypto whale is a single person (in some cases could be a group of people) working alone on their own. They do not provide services as the traditional banking system does.

Differences are a lot but similarity is only one which is also not 100% accurate. So I won't say that they do not have any differences. They are different in many ways.

[Unbunplease]

The only thing that seems somewhat similar between traditional banking and whales in crypto is in terms of profit-making. Low interest on saving and high interest on lending is the way banks make profits. In the case of crypto whales, they buy in the dip at a low price and sell them when the price is high. That's their way of making profits.

Other than this, I can not find any other similarities between them. The banking system is an organization that is controlled by multiple entities. on the other hand, a crypto whale is a single person (in some cases could be a group of people) working alone on their own. They do not provide services as the traditional banking system does.

Differences are a lot but similarity is only one which is also not 100% accurate. So I won't say that they do not have any differences. They are different in many ways.

Crypto-whale can quietly issue its own cryptocurrency and make it recognizable. Banks have to operate with currencies for which there is demand. They can't create the demand themselves. Banks are run by a state-owned bank, and Crypto-whale does what it sees fit.

[Vishnu.Reang]

There are only one difference between banks and crypto whales one is supervised by government and another one is decentralized and not backed by any government. Regulated banks offer stability and security, cryptocurrencies offer decentralized transactions and the potential for financial freedom. Banks are controlled and supervised by government, but Cryptocurrency are decentralized and not backed by any government. The whales are big bag holders of bitcoin and they earn money with the investments they have made into it.

[Wimex]

The difference between these two is very big, the only similarity they could have is that both manage large amounts of assets, one with a centralized currency and the other in a decentralized way, and yet, only in this same comparison can their distinction be noticed. Banks are entities that function by controlling people's money and they do so with restrictions on transactions and with such high interests that it could be said that they take advantage of the work of citizens to obtain income, while whales are a totally separate issue they are investors, who base their profits through strategies and studying the volatility of the cryptocurrency market, so they do not get their money from others, but from the assets they have available and the work they do to get and accumulate bitcoins, so both  way they get their assets and the strategies they use are totally different.

[odunybiz]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Crypto whale investment may involve more risk than the banking sector. Bank loan out money for income and almost get back most all loan and interest back but some invest may go wrong when it comes to crypto. Crypto invest involve more research to invest safely but banking just need little or no findings other than your collateral for them to proceed with their transaction with customers.

[Vaskiy]

Banks were like a crowdfund where the banks collect the money of people and have control over it. In other terms the banks do business with people's money and generate revenue.

With big whales on the crypto market, with the big holdings in their wallet they try to have control over the market. This is possible to some extent, beyond that the market doesn't react. Here the manipulation happens, but the control is very limited as common holders have realised the market and doesn't react to the panic statements out of the whales.

[Asuspawer09]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

There is a big difference in that, banks are earning on investments, and interest and use the money that you save for them and invest it in other stuff that could possibly generate money, I mean whales are different they will not give you a loan something like that they are just people who hold a big amount of bitcoin I mean yeah they buy and collect bitcoin and possibly manipulate the market since they have a big amount of bitcoin. These whales are just investors like us as well, banks are different because it's an institution. I mean banks are centralized platforms compared to whales that hold cryptocurrency that is decentralized, you could probably say that they both have a huge amount of assets buts that's the only similarity that I can think of.

I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage.

[Swordsoffreedom]

I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage.

There is no reason for us to trust banks or whales because their purpose is the same as ours is to earn money to take care of life. No one is good enough to help others without getting benefits for themselves, if in their position, we would do the same as them, all need money.

But I disagree with you saying that banks are useless. Do you use banking in your life? Banks are more than just depositing money and receiving interest, as you said they are an institution and provide a lot of services to users. If you need to borrow money then only banks and centralized institutions can lend you money, bitcoin cannot do it for you.

[flyingcarpet]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The biggest difference between banks and Bitcoin whales is that while Bitcoin whales do not share, banks share their profits. Of course, this situation does not change my negative point of view towards banks. As we have seen in the recent economic difficulties, banks did not support people especially in lending. Despite making the biggest profits in their history during the Covid period, they did nothing about support. This was the situation in my country.

It may not be right to compare bankers and Bitcoin whales, but what they both have in common is that they play a decisive role in the market.

[Asuspawer09]

I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage.

There is no reason for us to trust banks or whales because their purpose is the same as ours is to earn money to take care of life. No one is good enough to help others without getting benefits for themselves, if in their position, we would do the same as them, all need money.

But I disagree with you saying that banks are useless. Do you use banking in your life? Banks are more than just depositing money and receiving interest, as you said they are an institution and provide a lot of services to users. If you need to borrow money then only banks and centralized institutions can lend you money, bitcoin cannot do it for you.

Yeah your right, I guess even though I don't personally like banks it's still a great platform I guess since it is very convenient compared to other platforms and there is nothing really we can do about it because it is a part of how the currency circulates in our country, the easiest way to save money is just to deposit it on our banks I mean it wasn't really a great interest compared to other savings that there was no risk. Here in my country, I could probably find up to 11% interest including the bonuses where you need to actively use the platform in order to get that kind of interest but if you're just going to save your money there, the interest would probably be 2.5% to 3.5%. It wasn't that bad but while you're still saving money it's a good addition I guess. Of course, there are a lot of platforms where you could easily use banks compared to cryptocurrency, and banks/fiat money are just already accepted and trusted by the people, but it is just not recommended to put a big amount of money because we should use our money to work for multiple sources of income.

[Minecache]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

The biggest difference between banks and Bitcoin whales is that while Bitcoin whales do not share, banks share their profits. Of course, this situation does not change my negative point of view towards banks. As we have seen in the recent economic difficulties, banks did not support people especially in lending. Despite making the biggest profits in their history during the Covid period, they did nothing about support. This was the situation in my country.

It may not be right to compare bankers and Bitcoin whales, but what they both have in common is that they play a decisive role in the market.

When you make a profit from your investment or from your work, are you willing to share it with others? I mean, banks have no reason to support anyone because they are businesses, not philanthropists. You ask them for help just makes me feel like you want to rely and rely on others rather than trying on your own.
If we know that life is getting harder and harder, why don't we try to achieve the same achievements as they have and prepare well for the future? Until inflation and crisis return, we won't be in trouble anymore.

[Strongkored]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

It looks the same but it's not, because banks are institutions that use other people's money to make a profit by offering services whereas whales are more for individuals and the money he uses is his own and the profit he gets is not because he offers services to other people but sees opportunities from bearish or bullish times but both have the same orientation namely profit, and the bank's profit is to continue developing their business while the whale's profit is to make them richer because assets increase, but both are trying to get richer.

[dothebeats]

If you look at it that way it may seem like there is a none existing difference between the two, but you have to remember that a bank is a large corporate run by shareholders. Also, it holds a system far wider than a big whale crypto does. Moreover, banks don't just solely depends on money savings and lending, they also have control over other things from their clients.

[Davian144]

Crypto whale investment may involve more risk than the banking sector. Bank loan out money for income and almost get back most all loan and interest back but some invest may go wrong when it comes to crypto. Crypto invest involve more research to invest safely but banking just need little or no findings other than your collateral for them to proceed with their transaction with customers.

Investing in crypto is a personal job for each person who works as an investor, and of course it is very different from saving money in a bank. Because saving money in the bank only hopes for security from the bank, not expecting more profit from them even though the bank can rotate money to other customers. But the benefits will not be the same as when we put money in the bank, because investing is the most effective way to make a profit as long as the assets we invest are the assets that most people are looking for in the long term.

[dothebeats]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.

As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.

From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.

There's difference as we don't know exactly the identity of the whales. We are just speculating on who they are.
Also, as mentioned, they seem to be moving on their own as individual players. So we can't determine where they are heading next.
Which means, they don't have concrete path to go to, their movement is more fluid as it depends on the market scenario.
Whereas, banking institutions have their own target before they get into this market as the decision is not only handle by one person but a group of individuals.
Hence, the time of getting decision is not the same with whales. They can't decide on their own as they have others to think about.

Knowing the identity of who we are trusting our money in is really vital. Hence, why banks makes sure to develop a great relationship from their clients to collect feedbacks that strengthens their image to develop a more prestigious title and reputation against their competitors.

[Swordsoffreedom]

I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage.

There is no reason for us to trust banks or whales because their purpose is the same as ours is to earn money to take care of life. No one is good enough to help others without getting benefits for themselves, if in their position, we would do the same as them, all need money.

But I disagree with you saying that banks are useless. Do you use banking in your life? Banks are more than just depositing money and receiving interest, as you said they are an institution and provide a lot of services to users. If you need to borrow money then only banks and centralized institutions can lend you money, bitcoin cannot do it for you.

Yeah your right, I guess even though I don't personally like banks it's still a great platform I guess since it is very convenient compared to other platforms and there is nothing really we can do about it because it is a part of how the currency circulates in our country, the easiest way to save money is just to deposit it on our banks I mean it wasn't really a great interest compared to other savings that there was no risk. Here in my country, I could probably find up to 11% interest including the bonuses where you need to actively use the platform in order to get that kind of interest but if you're just going to save your money there, the interest would probably be 2.5% to 3.5%. It wasn't that bad but while you're still saving money it's a good addition I guess. Of course, there are a lot of platforms where you could easily use banks compared to cryptocurrency, and banks/fiat money are just already accepted and trusted by the people, but it is just not recommended to put a big amount of money because we should use our money to work for multiple sources of income.

I don't like banks either, but we can't help but use them as they are still the backbone of the economy. Like it or not, fiat and banking are already a part of our lives, we still need and use them daily, even if we hate them. Although we already have cryptocurrencies, would you admit to me that, to pay for everyday needs or transfer money to loved ones, you still have to use a bank, not bitcoin? So we should not deny its role and importance no matter how much we hate it.

I don't save with a bank account, because I don't care about that meager profit, and I don't trust enough to give them all the money I have. But I will need them when transferring money or I need a loan.

[dothebeats]

There are different account in bank each account of bank are fixed interest rate and bank provide own customer security and liquidity.
Cryptocurrencies have big whales like Bitcoin holders. Cryptocurrencies have the potential for high profits but they are not fixed. This is the difference between  crypticcurrencies and bank . crypto currency has risk and bank has no risk.

I'd say both have risks, but banks gives more security for their clients and the fixed rate much like you mentioned. Moreover, banks have a set regulations in case of scenarios that may put each clients' money at risk, hence it feels safer.

[tygeade]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

It looks the same but it's not, because banks are institutions that use other people's money to make a profit by offering services whereas whales are more for individuals and the money he uses is his own and the profit he gets is not because he offers services to other people but sees opportunities from bearish or bullish times but both have the same orientation namely profit, and the bank's profit is to continue developing their business while the whale's profit is to make them richer because assets increase, but both are trying to get richer.

I think we could compare banks in fiat world to exchanges in the crypto world. In the end when you are spending your credit card, you give some of it to the bank, the shop gives some of it to the bank, and then shop owner goes spends that and gives some to the bank as well.

As you can see all the money in the world ends up in the banks hands, and they are not like some human who needs to spend, they just collect it forever, hence we keep needing to print money in order to prevent them from having all the money in the world one day. Same with exchanges, when you trade in an exchange, the buyer and the seller both pays. Hence banks are like exchanges if you ask me, the comparison is uncanny and it's very similar to each other.

[serjent05]

If you look at it that way it may seem like there is a none existing difference between the two, but you have to remember that a bank is a large corporate run by shareholders. Also, it holds a system far wider than a big whale crypto does. Moreover, banks don't just solely depends on money savings and lending, they also have control over other things from their clients.

Well, banks are licensed institution and approved by the government to exploit its customer while whales are an individual who has a huge amount of money and is not licensed to take advantage of anyone.  If the government found out that a whale or person manipulated a trade which cause losses to individual then he can be charged of market manipulation and may get imprisoned if found guilty. Though whales owned their money, they are not as free as the banks to exploit other people.

[icalical]

Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

I don't know how OP do this, but OP clearly explain two totally different things, but then OP make the conclusion that both are the same. Bank take our deposit and lend it to their client, get the interest from that loan, thats true. While crypto whale buying in the deep to raise the price, and then sell it to people who are FOMO, similar to your explanation and that is totally different of what the bank does.