whale club is a joke

[cozk]

If you have to name your group the whale club, chances that there is no whale around.

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[boopy265420]

Whale club exists and they control the price of Bitcoin. Bitcoin is the true and great invention of modern era but unfortunately this has been hijacked by the rich just like every good thing to make them more and more money. Their treasures will never be filled up and they will continue making money from everything.

[Amph]

Pro tip: Whales don't join clubs. It's minnows who school. 

in the altcoin section there are plenty of whales club, there were screen of them talking about the next pump(not know, but in the era where altcoin were profitable, doge era basically...), there must be some club for bitcoin too, i'm sure about it

[minerpumpkin]

Pro tip: Whales don't join clubs. It's minnows who school. 

in the altcoin section there are plenty of whales club, there were screen of them talking about the next pump(not know, but in the era where altcoin were profitable, doge era basically...), there must be some club for bitcoin too, i'm sure about it

Yeah, you need a lot of people to create a successful pump - the more the merrier. And if you intend to pump some altcoin, it makes sense to attract as many people as possible in order to make the pump even bigger. You also want to keep those clubs "open", i.e. attract more people to attend the pump. And in the end it becomes one big ponzi scheme, effectively where the people who bought first and sold at the top get most and the others less and less (according to the time they bough/sold, respectively).

[MikeCorleone]

You were in the wrong whale club, bro

[tokeweed]

Reality of Rich people in Bitcoin.





They sell ... they don't buy.




And it's good.






Very good ...

They did that?  Please do it again.

[panck4beer]

Rich people buy and sell. They just manipulate things so they can always buyand sell and profit.

[TheWallStreetCrew]

Their margin fees are completely absurd. As high as 12% per day.

[bj9k]

They lie.

On
https://help.whaleclub.co/hc/en-us/articles/115006399607
they write that total cost (spread+fee) for BTCUSD is only 0.16% but on their page
https://whaleclub.co/markets
they say that their BTCUSD spread is 0.44% !

ETHUSD spread 3.05% !!!!!!

And those financing rates. Are those daily rates?! 4%?

[puddlejumperzz]

Their margin fees are completely absurd. As high as 12% per day.

there margin fees are ridiculous. I went long on ETH 1oth 1.25 bitcoins worth 5x leverage. It move 15 points. They made over $150, I made $30. I could make just as much just holding ETH alone instead of risking all of my money on a highly leveraged trade.

BTC-E wash the shit I would have made $200 on the same trade. But they are gone now.

Only a dumbshit would trade on Whaleclub.

[BitWhale]

quite frankly, if you need a "whale club" you are doing it wrong.

[Yarsk]

Must of those thing that Sim's to be very important outside are nuds inside making the whole system a mess with they messi theories which lack tangible proof of providing solution that can lead us into future progress other then whaling all days.

[Xester]

I read up on them before joining and they were made up to seem like gentlemen but its juSt a group of fucking imbecile goofballs shorting on small mediocre levels fucking up the economy. Just a bunch of numb nuts talking about pornography video games and making light of conspiracy theories with their own stupid fucking conspiracy theories.  I was looking to be enlightened,illuminated,what I found was a bunch of dumb jerk offs. What idiot on here said this was a super private club?

We cannot confirm your thoughts since you do not evidence to back up your claims. So upon reading your post we have two ideas in mind its either you are right or you are wrong. Probably those group is real and its just that they are talking about shit when you joined them, and they did it just for fun. Also you may be right that they are no group of whales but just a gathering of people with small amount of btc.

[Cryptoshops]

 Whaleclub.co is a trading platform which trades in all sorts of commodities.

[kenelmark]

I read up on them before joining and they were made up to seem like gentlemen but its juSt a group of fucking imbecile goofballs shorting on small mediocre levels fucking up the economy. Just a bunch of numb nuts talking about pornography video games and making light of conspiracy theories with their own stupid fucking conspiracy theories.  I was looking to be enlightened,illuminated,what I found was a bunch of dumb jerk offs. What idiot on here said this was a super private club?

I can say that you are true.
but I guess you thought that whale clubs seem like clubs for CEOs of corporations look.
They are just some young men that have big fund from their parents legacies who do speculations investment in crypto-currencies markets. Some few of them have wide knowledge of investment business and crypto-currencies markets, and some of them have just only big fund. they hire news experts to spread issues about crypto-currencies based on their interests.
most of their times are spent to things that you mentioned.

[coinwizard_]

I am sure that there are legitimate whale clubs around but the one that you joined was more like a few people that got lucky just goofing around. I don't know any good ones as unfortunately i don't consider myself to be a whale, hopefully one day though if i trade successfully

[ivankoh]

I am sure that there are legitimate whale clubs around but the one that you joined was more like a few people that got lucky just goofing around. I don't know any good ones as unfortunately i don't consider myself to be a whale, hopefully one day though if i trade successfully

You can become a whale to control the market when you have enough money and a lot of money. Whales in this market are investors who can orient their market with the huge amount of money they invest in the cryptocurrency market. You win if you invest in a whale and you lose.

[bdbabiak77]

The only whale club is the FBI. FBI is now in control of two addresses, or wallets, holding bitcoin worth as much as $120 million, 1/50 of all bitcoins.

[ToyotaFortuner]

I think that can be true because they are likely to be a lot of members who can be called whales or who can be said big players and have a lot of capital, they move do not want in publication so that not many people know who they are.

[KaffkaN]

I read up on them before joining and they were made up to seem like gentlemen but its juSt a group of fucking imbecile goofballs shorting on small mediocre levels fucking up the economy. Just a bunch of numb nuts talking about pornography video games and making light of conspiracy theories with their own stupid fucking conspiracy theories.  I was looking to be enlightened,illuminated,what I found was a bunch of dumb jerk offs. What idiot on here said this was a super private club?

If people have lots of bitcoin, most of people will hide themselves instead exposed themselves.
If they want to manipulate the market, they are enemies with each other.