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Author Topic: Who are the so called whales ?  (Read 1907 times)

olivia

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Who are the so called whales ?
« on: October 12, 2018, 05:49:26 AM »
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 ?

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Who are the so called whales ?
« on: October 12, 2018, 05:49:26 AM »


nagamerah

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Re: Who are the so called whales ?
« Reply #1 on: October 12, 2018, 11:13:07 AM »
Maybe most of the whales are the early adapters and investors on Bitcoin that's why they hold tons of it. I don't think that they know each other because it is a threat to their security and life if other people will know that they are holding a huge amount of Bitcoin.
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Re: Who are the so called whales ?
« Reply #1 on: October 12, 2018, 11:13:07 AM »
:)

Dr.lecter

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Re: Who are the so called whales ?
« Reply #2 on: January 24, 2021, 12:18:07 PM »
Well! from my point of view, Whales are rich people or group who has hold a lot of money and bitcoin, Ethereum. They can control the price of some coins.
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Re: Who are the so called whales ?
« Reply #3 on: March 04, 2021, 11:15:22 PM »
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 ?


ITs more like a big news comes out either bullish or bearish or negative / positive in regard to cryptocurrencies as general and people react accordingly selling or buying thus the price volatility there is the ST2F model which predicts supply to domenad long term price increase and people short or long according to it
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Re: Who are the so called whales ?
« Reply #4 on: April 29, 2021, 07:28:30 PM »
Elon Musk is a great example . He tweeted "bitcoin" and next day he invested great amount into it and see how alts showed you green signals .

 

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