Quote from: Lucius on April 29, 2020, 09:44:07 AM

Quote from: barumbado on April 29, 2020, 09:31:55 AM

I often heard this word,whales.What is whales term on cryptocurrency?How does it affect the price of one coin?in what way?

You've already 2 years member of this forum, and still do not understand what and who are the whales? Obviously you've had a lot more important work to do than learn some basic things, but it's never too late to learn something new. 5 seconds on using Google search and you get this :

Quote from: https://en.bitcoinwiki.org/wiki/Whales

Bitcoin Whales are considered market players with significant funds that are able to move the cryptocurrency market. The large players being referred to are institutions such as Hedge Funds and Bitcoin Investment Funds. Some of these funds have announced their presence in the water.

The term “whale” is frequently used to describe the big money Bitcoin players that show their hand in the Bitcoin market. The ocean as a metaphor for the market is apt, since one can then extend it to include the big fish and the small fish; sharks; rallies as feeding frenzies; waves as market moves; and so forth. It may be, however, that the term “whale” has been applied to the wrong class of investor because the players described below are truly the biggest creatures in the ocean.

Yeah, if you're curious about something just try google most of the time it would give you an accurate answer. Even I also just knew the meaning of whales in google plus info here in the forum.

Quote from: cryptoaddictchie on April 29, 2020, 12:54:19 PM

Quote from: barumbado on April 29, 2020, 09:31:55 AM

I often heard this word,whales.What is whales term on cryptocurrency?How does it affect the price of one coin?in what way?

To cut the story short here is an image or just an assumption of whale thing here in cryptocurrency.

Just an illustration but whales is not actually based on number of your token hold but the value it encompasess. Imagine 1price of BTC reaches 1million USD then even with 1btc you could be a whale already. Got it?

So Im not even at the bottom position yet. Too bad! Shrimp guys, I want to be even just a crab. Grin

I guess this a great list to have a better understanding. Discussion are most likely about exchanges where whales could manipulate the market price.