Difference between revisions of "Whale"

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(References, External links (@dumar022), In other languages)
(External links: Bitcoin.com)
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==External links==
 
==External links==
  
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* '''Bitcoin.com''' : [https://news.bitcoin.com/bitcoin-whales-and-how-they-make-market-waves/ Bitcoin Whales and how they make market waves] ''Written by Jamie Redman, published in 7/29/2017''
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* '''CNBC''' : [http://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html This high school dropout who invested in bitcoin at $12 is now a millionaire at 18] ''Written by Michelle Castillo, published in 6/20/2017''
 
* '''Bitcoin Magazine''' : [https://bitcoinmagazine.com/articles/crypto-investing-age-whales/ Op Ed: Crypto-Investing in the Age of Whales] ''Written by David Siegel, published in 6/3/2017''
 
* '''Bitcoin Magazine''' : [https://bitcoinmagazine.com/articles/crypto-investing-age-whales/ Op Ed: Crypto-Investing in the Age of Whales] ''Written by David Siegel, published in 6/3/2017''
 
* '''Altcoin Today''' : [http://www.altcointoday.com/top-5-bitcoin-millionaires/ The Top 5 Bitcoin Millionaires] ''Written by unsigned, published in 12/9/2015''
 
* '''Altcoin Today''' : [http://www.altcointoday.com/top-5-bitcoin-millionaires/ The Top 5 Bitcoin Millionaires] ''Written by unsigned, published in 12/9/2015''
 
* '''Cryptocurrency Made Simple''' : [https://cryptocurrencymadesimple.com/why-the-future-depends-on-bull-whales/ Why the future depends on bull whales] ''Written by Scott Maxwell, published in 10/17/2014''
 
* '''Cryptocurrency Made Simple''' : [https://cryptocurrencymadesimple.com/why-the-future-depends-on-bull-whales/ Why the future depends on bull whales] ''Written by Scott Maxwell, published in 10/17/2014''
* '''CNBC''' : [http://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html This high school dropout who invested in bitcoin at $12 is now a millionaire at 18] ''Written by Michelle Castillo, published in 6/20/2017''
 
  
 
== In other languages ==
 
== In other languages ==

Revision as of 22:29, 31 July 2017

The term "Whale" was originally used to describe a wealthy Bitcoin trader who has an influence on the market. It then became a widely used term for any wealthy cryptocurrency trader.[1]

Whale refers to a steemit.com user who has built up a large amount of Steem Power and thus, their influence over aspects of the website steemit.com such as voting power and payouts are quite extensive, especially when compared with new users. Overall, Whales also appear to have higher reputations (ie. over 70). Typically, Whales have been a part of Steemit.com or, involved in STEEM for a much longer period than most.

The Steem Witness @abit in a Steemit post published in March 2017 defined that Whales and whale-like groups are those who have more than 800M VESTS in total, or around 384K SP in total. In the same post he explained the math behind this calculation and finished with a conclusion: with greater power comes greater responsibility.[2]

In the Steem Ecosystem there are site like Steem Whales where is possible to see rankings of top steemians by STEEM Power (SP), reputation, Estimated Account Value, etc. In August 2016, @blueorgy lauched the Catch a Whale as a tool that uses the power of activity analytics to potentially get more upvotes from Whales (inactive in July 2017).[3]


References

  1. What is a Bitcoin Whale? Written by Venzen Khaosan in Cryptocoins News, retrieved in 7/5/2017
  2. Definition of a Whale and a whale-like group and the Math Behind Written by @abit in Steemit in March 2017
  3. (catchawhale.com) Steemit Tool that uses the power of activity analytics to potentially get you more upvotes from Whales! Written by @blueorgy in Steemit in July 2016

Links

Related articles

External links

In other languages




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