Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: klebsiella on May 04, 2018, 03:50:32 PM

Title: Whales!!!!!
Post by: klebsiella on May 04, 2018, 03:50:32 PM
What are these so called whales and how it affects the prices?
Title: Re: Whales!!!!!
Post by: TERMINO on May 04, 2018, 07:23:09 PM
Whales are known as the big holders in crypto. They can manage to manipulate the price if they wanted to do so.
Title: Re: Whales!!!!!
Post by: Omega on May 06, 2018, 04:49:19 PM
Whales are the manipulator of Cryptos price. They can terrified the small group of investors and they can give sometimes joy when they pump the price.
Title: Re: Whales!!!!!
Post by: altcoingamer on May 06, 2018, 08:32:55 PM
Quote from: Omega on May 06, 2018, 04:49:19 PM
Whales are the manipulator of Cryptos price. They can terrified the small group of investors and they can give sometimes joy when they pump the price.

YEah they def pump price, but sometimes suppress price.. park price in BTC fud (cover top and bottom so people keep a price steady.. Theyre usually an early adopter who has lots of buying leverage (50 BTC or greater).
Title: Re: Whales!!!!!
Post by: HBKMusiK on May 06, 2018, 11:52:39 PM
Quote from: klebsiella on May 04, 2018, 03:50:32 PM
What are these so called whales and how it affects the prices?
They are just people like you and me that have a big wallet and influence in the world of crypto, that's why you can see forgotten coins go up to 100%/24 h.
Title: Re: Whales!!!!!
Post by: Deci9 on May 20, 2018, 10:48:23 AM
Whales are crypto investors who have large amount of cryptocurrencies and this enables them to manipulate the market.
Title: Re: Whales!!!!!
Post by: ZionRTZ on May 20, 2018, 01:29:56 PM
Whales can change the movement of the market on their own (unless another whale counter-trades).
They can earn big time even with just a small market movement.