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Topic: The Bitcoin Flippening - page 3. (Read 21577 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
January 02, 2019, 01:16:13 PM
#9
That's probably when I lose hope in the people in the cryptocurrency space.

XRP is not a cryptocurrency and fuck knows how it managed to sneak in in the first place.

If there was a usurping BTC would still be the prime option for what it was designed to do. Bots and pumpers won't change that.
jr. member
Activity: 229
Merit: 3
EndChain - Complete Logistical Solution
January 02, 2019, 12:34:01 PM
#8
I could see other coins be number one on top of cryptocurrency list but not Ripple. Ripple does not make me feel as it would be so important but it is considered good coin by the banks so it is high on the list. From all the coins and tokens I do not think that there is an existing one to be on top of Bitcoin. I will hope to see one such coin for the future.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
January 02, 2019, 12:18:54 PM
#7
Though there is a slim chance for either XRP or ETH to surpass bitcoin in terms of market capitalization, i don't think it will happen that fast, considering how invested people are in bitcoin and the developments that are still currently taking place for the said cryptocurrency. XRP, IMO, won't take a good chance of taking the number one spot considering how constricted the environment is and how limited the usage for the said crypto can be. ETH, on the other hand, has good footing should it take the prime spot since it can be used on a lot of things, and is a basis on some notable cryptocurrencies of today due to its multifunctionality aside from functioning as a cryptocurrency.
hero member
Activity: 1680
Merit: 655
January 02, 2019, 12:11:32 PM
#6
Oh please!!!! XRP's market cap isn't even a quarter of Bitcoin's market cap and you are thinking of a possibility that it will overtake Bitcoin as the market leader. Even if you combined the market cap of both Ethereum and XRP you will still see that Bitcoin is still leading the race. But if you think that there will be a shift in the market leader with regards to the possibility of XRP overtaking Bitcoin what I only see is a short term struggle for Bitcoin's price as the market will really be a mess once the king is dethroned in the top spot.
member
Activity: 462
Merit: 12
January 02, 2019, 11:55:04 AM
#5
If this happens, I think we will get used to another currency as well as to Bitcoin now.
But I will not squeeze a bitcoin good competitor yet ...
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
January 02, 2019, 11:54:08 AM
#4
You're weeks late dude. ETH just recently regained the #2 spot. Probably check Coinmarketcap before posting. Tongue


src: coinmarketcap.com

Anyway, while XRP overtaking bitcoin is technically possible(non-zero possibility), I really don't see it happening. In the first place, I don't even know what XRP is being used for right now. If that happened though? Yikes. That's probably when I lose hope in the people in the cryptocurrency space.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
January 02, 2019, 11:53:23 AM
#3
Don't Underestimate the power of XRP!...Instead, you should Underevaluate it.
member
Activity: 168
Merit: 15
Future of Security Tokens
January 02, 2019, 11:50:52 AM
#2
By the latest ratings on www.coinmarketcap.com, Ethereum is currently the second cryptocurrency by market capitalization, it regained it's previous position, amd ripple is at third, with about $800,000 between them.

They are both a long way from bitcoin, and a flippening is not going to happen any time soon. A crash in bitcoin pulls other currencies with it, so a reduction in bitcoin's market cap would affect that of other currencies.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 02, 2019, 11:46:48 AM
#1
Now that XRP has managed to take Ethereum's place as the second largest cryptocurrency by market cap, it makes me wonder whenever XRP or another cryptocurrency could "flip" Bitcoin?

Once the flippening happens, things could change drastically at least in the way people see Bitcoin in respect to the rival cryptocurrency which has taken place as the world's first largest cryptocurrency by market cap. Of course, even after the flippening, Bitcoin would head its own way in development and innovation just as it has been today.

However, the perception will change as most people believe that market cap rankings determine the success and/or life of a cryptocurrency.

What do you think will happen after the Bitcoin flippening? Huh
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