If I place a purchase order in the amount of 100 BTC, can I manipulate the price? How many BTC do I need to have to make the price shoot? The term "whale" is assigned to the people who own how much of BTC?
Over 2000BTC will grant you "whale" label. I have observed enough pumps on Mintpal, Cryptsy, Bittrex and Poloniex for nearly 5 years. 100BTC is a good investment in ICO, but nothing more. 500BTC is your magic number if you want to move a price of a new and promising coin with good volume like ICN. Keep in mind that move, doesn`t mean pump. With 500BTC you can move price on Kraken. If ICN is on Poloniex, you will need bots which costs 300-700 euro and at least 3000BTC. Keep in mind that top 10 coins are always into the spotlights and many people doesn`t place sell orders, but are keeping their coins on the exchanges and waiting for good price. You will also need 5-15 real people to create enough hype in forums, Facebook, Twitter, etc. You can not do it alone. So, are you ready to become whale?
Whale is a relative/subjective term. If you had 3000 BTC and asked Warren Buffet if he considers you a whale he would laugh like this:
