Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: What's a Whale?  (Read 1000 times)

Offline BunkerChain Labs

What's a Whale?
« on: June 20, 2015, 01:08:51 PM »

The term whale is used a lot in these parts... curious though.

What is your definition of a BitShares whale?
+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | World's First Decentralized Tournament Platform Built Entirely on the Blockchain!
+-+-+-+-+-+-+-+-+-+-+

Offline sittingduck

  • Sr. Member
  • ****
  • Posts: 246
    • View Profile
Re: What's a Whale?
« Reply #1 on: June 20, 2015, 01:10:13 PM »
Some one with 0.5% of shares or more


Sent from my iPhone using Tapatalk

Offline Chuckone

Re: What's a Whale?
« Reply #2 on: June 20, 2015, 01:11:21 PM »
Anybody who owns more than 1% of the current supply.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 11907
    • View Profile
    • BitShares.Europe
  • BTS: xeroc
  • GitHub: xeroc
Re: What's a Whale?
« Reply #3 on: June 20, 2015, 01:12:45 PM »
Should the definition of whale be linked to the marketcap? ... 0.01% at 100billion$ is .. well .. not pocket money :)
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu

Offline bubble789

  • Full Member
  • ***
  • Posts: 91
    • View Profile
Re: What's a Whale?
« Reply #4 on: June 20, 2015, 01:15:06 PM »
Some one with 0.5% of shares or more


Sent from my iPhone using Tapatalk

current upply of 2.5B or the max supply of 3.7B ?
anyway definition of a whale is relative i guess ;)

Offline Chuckone

Re: What's a Whale?
« Reply #5 on: June 20, 2015, 01:16:17 PM »
Should the definition of whale be linked to the marketcap? ... 0.01% at 100billion$ is .. well .. not pocket money :)

Haha! 100G$?!

I don't even dream about it. I'll be there till the end, but I don't expect to become a millionaire because of my small investment in Bitshares.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 11907
    • View Profile
    • BitShares.Europe
  • BTS: xeroc
  • GitHub: xeroc
Re: What's a Whale?
« Reply #6 on: June 20, 2015, 01:19:49 PM »
Just wanted to make a point .. bts was at 70m and 200m are definitely within reach in few months (imho) (not an investment advice)

Hence you would have a nice position with 0.01% already (depending on the definition of "nice")
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu

Offline Chuckone

Re: What's a Whale?
« Reply #7 on: June 20, 2015, 01:24:43 PM »
Just wanted to make a point .. bts was at 70m and 200m are definitely within reach in few months (imho) (not an investment advice)

Hence you would have a nice position with 0.01% already (depending on the definition of "nice")

Makes sense!

I'd like to add another definition to "whale". I believe term "whale" should be related to the capacity of an individual or entity to move the market price significantly if he/she/it decides to liquidate their position. So it all depends on the liquidity of the market, the % of shares the whale owns and the market cap.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline lil_jay890

  • Hero Member
  • *****
  • Posts: 1097
    • View Profile
Re: What's a Whale?
« Reply #8 on: June 20, 2015, 01:29:27 PM »
I'm just hoping one day bts surpasses bitcoins all time high of approximately 12 billion market cap. Anyone think that is feasible in the next few years?  I look forward to that day so I can finally walk out of my day job and not have to go back the next morning...

Anyway I think a whale should be classified by having the ability to move price say 5-10% on liquidation

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 11907
    • View Profile
    • BitShares.Europe
  • BTS: xeroc
  • GitHub: xeroc
Re: What's a Whale?
« Reply #9 on: June 20, 2015, 01:29:51 PM »
Just wanted to make a point .. bts was at 70m and 200m are definitely within reach in few months (imho) (not an investment advice)

Hence you would have a nice position with 0.01% already (depending on the definition of "nice")

Makes sense!

I'd like to add another definition to "whale". I believe term "whale" should be related to the capacity of an individual or entity to move the market price significantly if he/she/it decides to liquidate their position. So it all depends on the liquidity of the market, the % of shares the whale owns and the market cap.
This .. makes even more sense .. thanks
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu

Offline BunkerChain Labs

Re: What's a Whale?
« Reply #10 on: June 20, 2015, 01:37:18 PM »
I'm just hoping one day bts surpasses bitcoins all time high of approximately 12 billion market cap. Anyone think that is feasible in the next few years?  I look forward to that day so I can finally walk out of my day job and not have to go back the next morning...

Anyway I think a whale should be classified by having the ability to move price say 5-10% on liquidation

It's not feasible.. its inevitable.
+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | World's First Decentralized Tournament Platform Built Entirely on the Blockchain!
+-+-+-+-+-+-+-+-+-+-+

Offline Empirical1.2

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: What's a Whale?
« Reply #11 on: June 20, 2015, 01:37:34 PM »
What is your definition of a BitShares whale?

Cryptonomex and BTC38
If you want to take the island burn the boats

Offline BunkerChain Labs

Re: What's a Whale?
« Reply #12 on: June 20, 2015, 01:38:23 PM »
Just wanted to make a point .. bts was at 70m and 200m are definitely within reach in few months (imho) (not an investment advice)

Hence you would have a nice position with 0.01% already (depending on the definition of "nice")

Makes sense!

I'd like to add another definition to "whale". I believe term "whale" should be related to the capacity of an individual or entity to move the market price significantly if he/she/it decides to liquidate their position. So it all depends on the liquidity of the market, the % of shares the whale owns and the market cap.

So by this definition how many 'whales' does BitShares REALLY have?
+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | World's First Decentralized Tournament Platform Built Entirely on the Blockchain!
+-+-+-+-+-+-+-+-+-+-+

Offline Chuckone

Re: What's a Whale?
« Reply #13 on: June 20, 2015, 01:47:59 PM »

So by this definition how many 'whales' does BitShares REALLY have?

I guess it's hard to get a clear cut number, having a few variables to account for in the evaluation. Using the definition I just came up with a few minutes ago, using market liquidity adds a lot of volatility in the total number of whales Bitshares has at any one time, so in the end to simplify things it could all boil down to the % of shares owned and market value.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline tonyk

  • Hero Member
  • *****
  • Posts: 3307
    • View Profile
Re: What's a Whale?
« Reply #14 on: June 20, 2015, 01:53:17 PM »

 Just tell me the number of whales you want ?

 From there it is easy (relatively).
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

 

Google+