Post
Topic
Board Trading Discussion
Re: What is a whale?
by
Oceat
on 29/08/2017, 18:49:17 UTC
A whale is a crypto term to describe a person who has a huge number of coin that can move or manipulate market. I guess if you have a 500BTC you can be called whale.

I think it is 100BTC enough

 Grin I think depend on marketcap of coin u invest... it marketcap is only 10k for total of this coin... Cheesy U have 10 BTC. U will becam a whale in that market

Yes it can but most probably i think hundred of btc are considered as a whale.
It probably depends on how you invest and how much market manipulate that price. Yes you can be whale if you have 100BTC in market right now. You can change the whole price charts in coming days if you sell these bitcoins. You are being a whale can change the businesses of many people Tongue
Being a Whale is a big impact to the price of bitcoin, that's why if those Whales are going to manipulate the price make sure you are ready and you are always on the watch list of the bitcoin price. And also i have a feeling that those whales are going to move again when the next fork is going to happen this coming November.