Post
Topic
Board Economics
Re: Who is a Bitcoin whale?
by
Bit-Gods
on 18/06/2015, 08:36:43 UTC
Just wanted to get thoughts and do sort of a survey..

In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?

Responses appreciated Smiley

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A bitcoin whale is generally a person who holds a huge amount of bitcoin and if he decides to pump it in the market, it could have some effect on the price of the bitcoin, any person holding upwards of 50,000 bitcoin can be called as a whale, since those bitcoins can be used to create a small wave in the price of bitcoin when traded in an exchange.