Will there be a flippening? - page 2.

omonuyak

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Quote from: AdolfinWolf on June 12, 2017, 09:24:43 AM

The last couple days, the price of ETH went through the roof, due to china having interest in the token, and alot of other big companies and banks aswell.

ETH is currently nearing the marketcap, and if it continues like this, it will pass bitcoin's marketcap before august 1st.

What will happen then? Do you guys think there is going to be a flippening? Will eth take over the role of bitcoin?

Actually, I was doubting before if ethereum will get to the level were it will become a competitor to bitcoin and I have been argued that it can never become a competitive to bitcoin. The current events is proving my argument wrong. I think ethereum is going to take bitcoin place in term of coinmarketcap.

bouren

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Quote from: AdolfinWolf on June 12, 2017, 09:24:43 AM

The last couple days, the price of ETH went through the roof, due to china having interest in the token, and alot of other big companies and banks aswell.

ETH is currently nearing the marketcap, and if it continues like this, it will pass bitcoin's marketcap before august 1st.

What will happen then? Do you guys think there is going to be a flippening? Will eth take over the role of bitcoin?

Lol! Market cap hardly matters. Its worth is zero and no conclusive results can be drawn out of it. It is just imaginative and estimated value.
No matter whether ethereum overtake bitcoin in market cap, bitcoin continue to reign the cryptocurrency market. Yes, investors will surely take bigger dig on it but by overall acceptance bitcoin continue to be number 1.

OmegaStarScream

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If It ever happens (and I'm not saying It's going to happen) and Ethereum get a higher marketcap then bitcoin, what does it mean? It means nothing. Ether has much more supply then bitcoin has and the math is very simple for the marketcap, price * supply also, let's just compare the number of major services like Steam, Neteller, Skrill etc. that are actually accepting Ethereum? you probably won't be able to compile a list. from cryptocurrency 1200 ATMs around the world, how many of them accept Ethereum? probably nothing more then 5-10. while the remaining number is for bitcoin. I believe this is how the success of a coin should be measured and not by market cap only.

stompix

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Blackjack.fun

We know how it will end.

Just like before the china story like everything from china will be proven fake.
All the projects will get a new term when they will be launch and or they will get no traction whatsoever and finally the dump will be done.

How many times people thought a coin will overcome bitcoin ...?

Let's see maidsafe, aurora , nem , ntx , (just for the lols) doge, (for some tears) monero, ..and nothing happened.

cellard

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Quote from: AdolfinWolf on June 12, 2017, 09:24:43 AM

The last couple days, the price of ETH went through the roof, due to china having interest in the token, and alot of other big companies and banks aswell.

ETH is currently nearing the marketcap, and if it continues like this, it will pass bitcoin's marketcap before august 1st.

What will happen then? Do you guys think there is going to be a flippening? Will eth take over the role of bitcoin?

Maybe... it's definitely possible. There's a lot of hype, there's also the Putin thing, and more and more ICOs keep being pumped so those people need to buy ETH.

The fundamentals remain tho: ETH doesn't scale, Casper is from what i've read, a scam. The launch was scammy and, from what i've read, some people may be facing jail.

The whole thing is dodgy. Sooner or later it will crash and probably all the money will go into BTC.

AdolfinWolf

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The last couple days, the price of ETH went through the roof, due to china having interest in the token, and alot of other big companies and banks aswell.

ETH is currently nearing the marketcap, and if it continues like this, it will pass bitcoin's marketcap before august 1st.

What will happen then? Do you guys think there is going to be a flippening? Will eth take over the role of bitcoin?

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