I see a lot of comments about what whales did or did not do regarding bitcoin.
People making plans and decisions counting on the time that whales pump the price, or justifying price crash due to whales decisions.
Bitcoin is very volatile, and could be hard to finding a reason of all prices fluctuations, so are we to believe that all ( or the majority ) of things that happen are because whales wanted so ? Some weeks ago btc price crashed considerable, now we in all-time highs, is that all according to their plans?
Who the hell are those people. I mean manipulating betting sites prices, altcoins, even stock prices of companies, I could understand. But bitcoin ? I certain that there are millionaires ( or billionaires ) scattered in dozens and dozens of different countries that have knowledge and invest in bitcoins. So are these guys like in perfect sync around the globe, just dictating what happens next, while we are simple passengers completely at their will? Am I being naive ?
Hey while the identity of these whales is a secret you should know there're about 32 of them appropriately and they hold collectively 1 million bitcoins. These whales have been divided into the time when bitcoins was taking it's baby steps and into those who entered during 2017 and started actively buying and selling. There's also a rumour one of them is in prison. It's pertinent to note according to some news whales do not impact the market, while some news says they do impact the market. Here's a link detailing everything you need to know about them
http://fortune.com/2018/10/10/can-the-whales-of-bitcoin-tank-the-market/