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
Follow me on twitter: @cryptotipz
In your opinion, who fits the description Bitcoin Whale? Who's eligible to be called a mini whale?
Responses appreciated
Follow me on twitter: @cryptotipz
A bitcoin whale can be only Satoshi Nakamoto. Only him has the right to be named in such way: has one million bitcoins. All the remaining people which own bitcoins are mini whalers. Are diverse races so one have more and another less more but yet to much few compared to the one bitcoin whale.
One million bitcoin is the qualification for being whales means only Stoshi would be the whale. But bigger amount of bitcoins hoarded by a people, may be referred as whale. Mostly the early adopter are whale they got bitcoins for lesser price.
Yes whales are mostly the early adopters. Rarely some people would have bought bitcoin for some money.
But whales would be more conscious about bitcoin price, so we need not to worry about them on price impact.