Topic: The Bitcoin Flippening (Read 21545 times)

^  Just curious...  Are you invested in both ETH and XRP?    Cos I'm gonna shill me coin here too, ok...? 

I think I'm just gonna leave this right here and let his pic do the talking. 

Yes. I'm afraid that no other cryptocurrency could beat Bitcoin in terms of market cap, because of obvious reasons. Being a first mover in blockchain technology, has kept it as the number one cryptocurrency of the world. With several hundreds of altcoins that are much more scalable and private than Bitcoin, there's a choice for anyone nowadays. Bitcoin can remain as the reserve cryptocurrency for the whole crypto market, while altcoins will be used as digital cash for daily purposes.

If we were to determine an altcoin that has a chance of flippening Bitcoin, then that would be Ethereum. No other altcoin has the level of development, and community support that Ethereum has. In many ways, Ethereum has been compared closely to Bitcoin (although ETH has superior features). Considering that ETH is usually the second largest cryptocurrency by market cap (sometimes XRP takes the lead), it has all the possibility of flippenning (if it ever happens) Bitcoin in the future. Just my opinion

I don’t think that that this year Bitcoin will give up its positions, the fact that Ripple temporarily took second place - as we all see now - it was a short-term phenomenon that has already changed, ethereum has returned to its second place and it seems that ETH are not going to give up this position in the coming months.

There are several of these tokens with superior technology but its just BTC that is more popular that these altcoins loses just because of it. BTC is also improving every time. EVen if its going to be replaced, it wil only be just for a moment and will soon back up to reclaim its place.

Even if that happens (which is very unlikely), Bitcoin will quickly recover due to the huge support it has from people in the mainstream world. No other cryptocurrency has the level of support, development, and innovation Bitcoin has today. That's why, Bitcoin is still the leader and trusted among many people worldwide. Some altcoins may have better technologies and features than Bitcoin itself, but they're still missing something that BTC still has ever since it was created. That is first mover advantage, and originality, since if it wasn't for Bitcoin, Blockchain wouldn't had existed today.

For a flippening to happen, there needs to be a new cryptocurrency with a completely revolutionary technology that would render Blockchain obsolete. Also, that new cryptocurrency would need to gather many users, to overcome Bitcoin in the future. Other than that, Bitcoin may still be the "King of Crypto" for a long time. Just my thoughts

It is possible for bitcoin to be replaced by any altcoins if their blockchain will be infected by some sort of malware that will control the entire system. We always think that it is impossible for bitcoin to be replaced but that also what we think before with ETH vs XRP right? Everythin is possible so if bitcoin will be removed as number 1, the altcoin that replaced bitcoin will surely boost its price and a massive buy request is possible.

Bitcoin Cash may experience huge mainstream adoption from businesses worldwide, due to its low fees and quick transaction confirmations. This is because, BCH has upgraded to a massive block size of 32MB which allows it to process more TPS than BTC itself. However, Bitcoin will also scale with its Lightning Network, which will make instant and cheap transactions a reality. This will also allow BTC to experience mainstream adoption from businesses worldwide.

In terms of flippening Bitcoin, it's nearly impossible unless another cryptocurrency becomes so successful and largely used by people around the world. Such cryptocurrency would need to address many of the issues inherent within the BTC blockchain (such as scalability, and fungibility) to have a chance of overcoming Bitcoin in the future. Other than that, Bitcoin will still be the winner while other altcoins stay behind in terms of market cap.

In the future, if BCH grows in popularity and adoption, it may very well become the second or third largest cryptocurrency by market cap. It'll become a fierce rival against Bitcoin in many ways, as it'll provide high transaction throughput and low fees in a different way than BTC.

Nonetheless, I believe that both Ethereum and Bitcoin Cash have a better chance of flippening Bitcoin in the future than any other cryptocurrency known to date. Just my opinion

It is very nice to see that Ethereum has returned to its worthy second place. Ripple is a very overrated coin and I believe that it has no place in the top 10

when some shitcoin pumps it doesn't mean it is going to replace bitcoin. it just means the pumpers moved from some other shitcoin they were pumping before to this new shitcoin to pump for a while and then dump to move on to another shitcoin and so on until they are filthy rich from the pumps.

that is what has been happening the altcoin market for nearly 8-9 years which is as long as it existed. the pumpers pump shitcoins and then some naive people think these shitcoins suddenly became good projects with a good future capable of coming even close to bitcoin
it ales me to see sometimes older members are among these naive people...

I can't see anything replacing BTC as the main crypto now or in the near future. If one coin can do it, it's probably ETH. Maybe XRP, I don't know. The point is that even if it does happen it will likely be only once crypto has mass market adoption. Once smart contracts are a part of everyday life and once much cross-currency banking is done using XRP, then sure, they'd have a chance to be number one in cap.

From my personal point of view, the BTC will never be defeated by any other altcoin. ETH had a bad downturn but that won't happen in BTC. it retains its power when its market cap accounts for more than 50% of the market share. It will never be defeated, you should know it.

ETH making break out ahead of hardfork https://www.coingecko.com/en/coins/ethereum

Any crypto can actually make a difference and can replace BTC at number 1 spot but the question is how and when, wherein what I can sure of is people wont lose hope in btc as this is the 1st crypto who changed the financial game.

Wait, ETH already got its 2nd place and I am thinking only if, if another crypto will replace btc the only answer that I have in my mind is ETH.

I don't see a flippening in the near future, simply because in terms of pure value proposition only Bitcoin Cash deserves to be priced this high IF (and that's a big IF) they overtake BTC in terms of merchant adoption and use.
I don't see this happening any time soon.
Option #2 is a huge bear market where everything drops to 5% of where it is today, and a flippening becomes too cheap for some whale. Also highly unlikely

Bitcoin is and will remain the first cryptocurrency.  Flipping is not used in the terms of postion of listed coin on coinmarketcap rather,  it is use to describe how you short a particular cryptocurrency to buy another or simply making profit in a short term!

Yes. XRP has been brought to its knees again by Ethereum, thankfully. I believe that decentralized cryptocurrencies should be on top of centralized ones, for many obvious reasons. In case Bitcoin falls from the first place in market cap, then many people would switch towards the new leader or "King of Crypto" while they leave Bitcoin as a second alternative.

However, this seems highly unlikely to happen in the future considering how many altcoins depend on Bitcoin as a reserve cryptocurrency. Every time Bitcoin declines in value across the market, most altcoins follow. This means that one way or another, Bitcoin has a huge influence on other altcoins' prices. For the Bitcoin flippening to happen, a new cryptocurrency would need to emerge with superior features and technology than BTC. It would need to solve all the inherent issues within blockchain tech such as lack of scalability, fungibility, and more. Only then, the new cryptocurrency would probably surpass Bitcoin as the world's largest crypto by market cap.

Despite this, market cap rankings are highly dependent on the circulating supply and current price of a specific cryptocurrency. As such, if a cryptocurrency has a huge circulating supply with a low price, its market cap will be extremely low. Therefore, the Bitcoin flippening may not happen within the future after all. Just my thoughts

ETH has taken back the second position of XRP, and now the difference between the marketcap of both coins is $ 1 B, maybe a little more than a few months before. Althought I don't know what will happen in the next few years, but I get confidence if bitcoin will never be shifted in the first position of the cryptocurrency market.

There is no coin worthy of taking over Bitcoin that is the numero uno coin and will remain so for a long time. Other good coins have their own purposes and utility.

I do not think it will happen in the near future. Not even within 2-3 years. However, it is theoretically possible that will be created technology that will be faster, cheaper (lower power consumption) and easier to understand for ordinary users of fiat money. Then there is a chance that so strong coin will replace the king on the throne.