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

[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.