Whale
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 Hive user who has built up a large amount of Hive 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 Hive.blog or, involved in HIVE for a much longer period than most.
The Hive Witness @abit in a 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 HP 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]
References
- ↑ What is a Bitcoin Whale? Written by Venzen Khaosan in Cryptocoins News, retrieved in 7/5/2017
- ↑ Definition of a Whale and a whale-like group and the Math Behind Written by @abit in March 2017
Links
- Hive : https://hive.blog
- @klye : The Land of Whales and Beggars - A look into Crypto Ecosystem Species July 2016
- @razvanelulmarin : You are Not AHAB. Stop Chasing WHALES! A call for good content. August 2016
- @timcliff : Whales - Can the community buy out a portion of your influence? February 2017
- @whatsup : Good Whales vs. Bad Whales? I Do Not Think So. March 2017
- @htooms : How to Become a Whale in a Week March 2017
- @digicrypt : My Night As A Whale! My Story April 2017
- @aggroed : Fondling Whale Balls- A Primer for Minnows on Talking to Whales June 20, 2017
- @hitmeasap : How To Get Whale Votes? - There's No Magic Sticks Or Tricks. July 5, 2017
- @sunnylife : Message In A Bottle - Message to the whales October 29, 2017
- @snowflake : Enter a whale's mind November 6, 2017
- @whatsup : Bitcoin Billionaires Have Whale Wars Too. (10 SBD Meme Contest) November 29, 2017
- @samstonehill : What is a whale & how do we ride them? December 3, 2017
- @ashleykalila : VLOG 3 : Whales, Orcas, Dolphins : I Have A Message For You! January 11, 2018
- @kalvas : Involuntarily I flagged an alt-account of a whale; Humor. March 9, 2018
- @whatsup : We have 37 Whales and 129,615 Redfish June 19, 2018
- @cryptoknight12 : Controversial Opinion - Auto-votes on Whales September 14, 2020
Related articles
External links
- CryptoPotato : Whales Continue To Accumulate Bitcoin Even After The 2020 Halving Written by Jordan Lyanchev, published in 6/13/2020
- Bitcoinist : Bitcoin whales quietly stockpiled 150k BTC in last two months Written by Emilio Janus, published in 2/26/2019
- CCN : Bitcoin Whales are Stabilizing the Market, Not Crashing it: Research Written by unsigned, published in 10/11/2018
- Bloomberg Medium Blog : Mystery of the $2 Billion Bitcoin Whale That Fueled a Selloff Written by Justina Lee, published in 9/14/2018
- ReasonTV YouTube Channel : Remy: Bitcoin Billionaire Humor rap video written and performed by Remy and produced by Austin and Meredith Bragg, published in 12/21/2017 with 365,214 views on 3/16/2018
- Bloomberg : The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market Written by Olga Kharif, published in 12/8/2017
- Business Insider : This 18-year-old digital-currency millionaire thinks bitcoin could hit $10,000 a coin Written by Matt Weinberger, published in 8/20/2017
- Bitcoin.com : Bitcoin Whales and how they make market waves Written by Jamie Redman, published in 7/29/2017
- CNBC : 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 : Op Ed: Crypto-Investing in the Age of Whales Written by David Siegel, published in 6/3/2017
- Altcoin Today : The Top 5 Bitcoin Millionaires Written by unsigned, published in 12/9/2015
- Cryptocurrency Made Simple : Why the future depends on bull whales Written by Scott Maxwell, published in 10/17/2014
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