Topic: Predict the date for the 'Flippening' - - page 2. (Read 1704 times)
Mark my words. The so called "Flippening" is never going to happen. Bitcoin will continue as the no.1 crypto, no matter what happens in August. And I have got bad news for all those who have invested their hard earned bucks in Ethereum. A major correction is on its way in August. I expect ETH to lose as much as 90% of its value against the USD.
ETH community are busy building something remarkable. Bitcoin people are busy arguing like pussies for three years while making no progress at all. Very soon ETH market cap is going to pass the Bitcoin market cap. Guess the date and win a prize!!!
Do you know the real reason why these discussions are never ending and there are argument from different corners,it is because it is decentralized and no one has an edge over the other and it will take a long time to settle things and that is not the case with ETH,if they plan something they could make changes tomorrow . 
I joined bitcoin because it is decentralized and i do not want to sign up for a centralized coin. 
If you think Ether is competing with Bitcoin for merchant transactions you don't understand what Ethereum is offering. Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services. (The Ethereum folks mention this on their website).
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
This reply looks very interesting and reasonable at the same time. It would be really great to see the OP's reply to this.
I was always thinking that Ethereum is a good investment but I never thought that you can't buy goods with ETH. Is that true? I thought theoretically we can buy goods with any coin.
You probably can buy things with ETH, you just need to find someone willing to sell you goods/services in exchange for ETH. Most people aren't attracted to ETH for use as a payment mechanism, because it's fundamentals make it no better at payments than Bitcoin (perhaps worse).
Every altcoin is still kid in front of king of altcoins i.e. BTC. Every altcoin have its own advantage and disadvantage however every altcoin is unique in its own term too. So be smart to stick with on most of them.
It's really unexpected that ETH able to reach this far.
I was think that nobody able to defeat bitcoin ( when bitcoin on first and LTC on second position )
Hope that bitcoin project will keep exist although ETH able to beat him one day
I was think that nobody able to defeat bitcoin ( when bitcoin on first and LTC on second position )
Hope that bitcoin project will keep exist although ETH able to beat him one day
ETH community are busy building something remarkable. Bitcoin people are busy arguing like pussies for three years while making no progress at all. Very soon ETH market cap is going to pass the Bitcoin market cap. Guess the date and win a prize!!!
Presently: 43 / 35. ETH is now 81% of Bitcoin's total market cap value. It won't be long now.
I guess July 18, 12:01:01!
Presently: 43 / 35. ETH is now 81% of Bitcoin's total market cap value. It won't be long now.
I guess July 18, 12:01:01!
Another pathetic post.... ETH has risen in value BECAUSE OF ICOs they are locking up the ether without spending it and more people are throwing their money on something that they don't know, they all want to flip and earn a buck. This can continue for some time but at end bubble will burst and it won't end up well for ethereum. All of you are saying "smart contracts" but please explain to me is there any great smart contract there?
ETH just have a great marketing campaign with these ICOs it wasn't designed to be like money, more like gass for the network. Nothing can happen over night. Market Cap doesn't mean a thing, do I see more places accepting ETH? Even if ETH gets the first place in market cap bitcoin will still be here it won't disappear it's not the end of the world.
Don't call Bitcoin people to be pussies as this means you told me that and also said that for yourself as I see that you have 400posts or so here? Bitcoin is more decentralized thats why it takes time, while on the ethereum devs have full control they can press the button and do what every they feel that is right thing to do, which enables them to be a bit faster than bitcoin in making decisions.
+1
ETH shitposters are coming out of the woodwork...there's a reason they attack "Bitcoin" social networks.
If you think Ether is competing with Bitcoin for merchant transactions you don't understand what Ethereum is offering. Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services. (The Ethereum folks mention this on their website).
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
This reply looks very interesting and reasonable at the same time. It would be really great to see the OP's reply to this.
I was always thinking that Ethereum is a good investment but I never thought that you can't buy goods with ETH. Is that true? I thought theoretically we can buy goods with any coin.
If you think Ether is competing with Bitcoin for merchant transactions you don't understand what Ethereum is offering. Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services. (The Ethereum folks mention this on their website).
This is absolutely correct. Ethereum's "value proposition" is unique and notable: instead of the developer or owner of the server paying for computing power (paying for AWS for example), the user pays for it. It could be valuable for some solutions, but which, and when, is anybody's guess. Nobody right now is taking it seriously, because the system is not reasonably secure enough to invest real money into building production applications for it. And as it "scales" via centralization, CIO concerns about Ethereum's stability and security will continue to increase and chances of seeing production applications decrease.
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
Also 100% correct - "market cap" is a hype term used by speculators that play the greater fool theory and don't understand cryptofinance at all. They benefit from the general rising tide of crypto markets (same as the .com "traders" in 2000), but will not do as well long term as the people that understand the value drivers.
Even though ETH might surpass bitcoin's marketcap, it can't be valued more than bitcoin any anytime soon. ETH total supply is really high compared to BTC and it also have non zero inflation. Also we know every person in ETH foundation who hold millions of ETH in the name of development, so there will be always risk of sudden dump.
Yep I totally agree with you and everything I wanted to say you said it, anyways I will answer the OP's question regarding the flippening. My prediction would be end of next week, no exact date but that's just my speculation.
Even though ETH might surpass bitcoin's marketcap, it can't be valued more than bitcoin any anytime soon. ETH total supply is really high compared to BTC and it also have non zero inflation. Also we know every person in ETH foundation who hold millions of ETH in the name of development, so there will be always risk of sudden dump.
meanwhile ETH transaction fees are also skyrocketing, $1.4 on average
Average might not be the best measurement in this case. I'd also want to know the median btc fee vs. eth fee.
Guess the date and win a prize!!!
I guess July 18, 12:01:01!
I guess July 18, 12:01:01!
What's the prize?
I will guess 7/17/17 @ 17:17:17 UTC
Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services.
That doesn't exclude it's used that way.
We can also say "Bitcoin tokens represent a share of the proof-of-work power used to secure the network."
Both currencies - Bitcoin and ETH - are not ideal for buying goods and services because both have some kind of intrinsic volatility (Bitcoin because of its long-term deflationary model which attracts "investors" (=hodlers) and mining investment cycles, ETH because of the inflationary model which leads to selloffs from time to time). But they can perfectly be used that way.
I still think ETH will not reach the acceptation of Bitcoin as a currency because their blockchain is too big - a full node is becoming very expensive for average users with consumer hardware. A "flippening" could occur, above all if there is a chain split, but that doesn't mean instantly that ETH has a larger network/ecosystem.
So my tentative date is "August 1", if and only if there is a chain split.
If you think Ether is competing with Bitcoin for merchant transactions you don't understand what Ethereum is offering. Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services. (The Ethereum folks mention this on their website).
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
lol
1. the market 'cap' has nothing to do with how much capital is invested..
its just silly maths of taking the valu of a single coin. and multiplying it by circulation..
i said in other topics anyone can make an altcoin with 5 trillion premined coins.. sell 1 coin for $1 and bam $5trillion cap..
what means a heck of alot more is not market cap... but utility..
all im saying is.. all a 'flippening' does is show a crappy flip of a numeric figure.. but has no meaning of real use/purpose.
i would care more about a flippening event. if the flippening involved a measure of something more concrete. like user adoption/utility, employee's working on projects, ... not just an empty number like market cap
ETH community are busy building something remarkable. Bitcoin people are busy arguing like pussies for three years while making no progress at all. Very soon ETH market cap is going to pass the Bitcoin market cap. Guess the date and win a prize!!!
Presently: 43 / 35. ETH is now 81% of Bitcoin's total market cap value. It won't be long now.
I guess July 18, 12:01:01!
Presently: 43 / 35. ETH is now 81% of Bitcoin's total market cap value. It won't be long now.
I guess July 18, 12:01:01!
Another pathetic post.... ETH has risen in value BECAUSE OF ICOs they are locking up the ether without spending it and more people are throwing their money on something that they don't know, they all want to flip and earn a buck. This can continue for some time but at end bubble will burst and it won't end up well for ethereum. All of you are saying "smart contracts" but please explain to me is there any great smart contract there?
ETH just have a great marketing campaign with these ICOs it wasn't designed to be like money, more like gass for the network. Nothing can happen over night. Market Cap doesn't mean a thing, do I see more places accepting ETH? Even if ETH gets the first place in market cap bitcoin will still be here it won't disappear it's not the end of the world.
Don't call Bitcoin people to be pussies as this means you told me that and also said that for yourself as I see that you have 400posts or so here? Bitcoin is more decentralized thats why it takes time, while on the ethereum devs have full control they can press the button and do what every they feel that is right thing to do, which enables them to be a bit faster than bitcoin in making decisions.
If you think Ether is competing with Bitcoin for merchant transactions you don't understand what Ethereum is offering. Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services. (The Ethereum folks mention this on their website).
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.
From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)
This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.
The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.
ETH community are busy building something remarkable. Bitcoin people are busy arguing like pussies for three years while making no progress at all. Very soon ETH market cap is going to pass the Bitcoin market cap. Guess the date and win a prize!!!
Presently: 43 / 35. ETH is now 81% of Bitcoin's total market cap value. It won't be long now.
I guess July 18, 12:01:01!
You're implying that market cap is all that matters though m8. That's a mistake because it doesn't come down solely to how much money is in something, for example gold and fiat; there's more fiat (and has a higher market cap) but gold is viewed very differently from fiat and, while having a market cap smaller than fiat, is "more" valuable in certain aspects.Presently: 43 / 35. ETH is now 81% of Bitcoin's total market cap value. It won't be long now.
I guess July 18, 12:01:01!
I'm not saying BTC or ETH is gold and the other crypto is fiat, it's just a comparison. I can use any other form of stock or commodity to illustrate the same point, while being a weaker comparison.
no one smart cares much about the market cap. as that can swing..
plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits
what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits
what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
don't waste your time arguing with ethereum advertisement team
they already know what you are trying to tell them, probably better than you and I!
for now i am counting the days to first big ICO scam in ethereum and trying to guess who is the first to take his multi million dollar worth of free money out of ETH...
meanwhile ETH transaction fees are also skyrocketing, $1.4 on average
no one smart cares much about the market cap. as that can swing..
plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits
what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
Yes, market cap can swing. So what? What does that prove? plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits
what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
Merchant adoption is just one of the many uses of crypto. It also happens to be the very dumbest. Even in a shit system like Bitcoin, merchant use is pathetically unimportant. Merchants don't even have the bandwidth to deal with 'debit or credit?'. They will never tolerate garbage overhead necessary with bitcoin payments. Merchant adoption is the very last application in both Bitcoin and Ether.
Clearly, you don't understand about crypto-platforms.
Answer me this riddle: why are nearly ALL the majors like universities, governments, banks, industry, business, vigorously targeting Ethereum now? It is because the 3 years of infighting at Bitcoin has run everyone off. They are off doing new cool things on non-hostile platforms.
The Flippening is happening!
You won't stop that.
I also don't think market cap does make a difference when it comes to users who are contributing to the coin they are using in the first place. 
\
And in this moment and time the winner of this distinction goes to bitcoin.
The king of all crypto.
Keep saying that while your miserable fortune dwindles yet even further each day until the Flippening. \And in this moment and time the winner of this distinction goes to bitcoin.
The king of all crypto.
no one smart cares much about the market cap. as that can swing..
plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits
what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits
what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
And if fools will panic and exit all together, they will get much less then today's cap)
I also don't think market cap does make a difference when it comes to users who are contributing to the coin they are using in the first place. \
And in this moment and time the winner of this distinction goes to bitcoin.
The king of all crypto.
\And in this moment and time the winner of this distinction goes to bitcoin.
The king of all crypto.
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