Quote from: Doofus on June 16, 2017, 10:10:38 AM

Da Tou, literally "Big head", attended The Global Blockchain Conference of 2017 in Chengdu and shared his opinion about investment in cryptocurrencies. As eth's market cap reaches closer to btc, can it surpass btc? Or Eth will also be surpassed just like Nokia if it is not technically monopolistic.
http://news.8btc.com/switching-to-altcoins-can-they-sustain-upward-trend

Another flippening post.

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The Flippening refers to the possible future event when Ethereum overtakes Bitcoin to become the biggest, most valuable, and most important cryptocurrency.

Would Ethereum's market cap surpass bitcoins is not important. If it did then it would become the biggest cryptocurrency in terms of cap, but most valuable and most important? Nope.

Currently there are 16,394,462 BTC (max 21,000,000) and 92,536,226 ETH (There is no limit, a constant amount of ETH will be mined forever) in circulation.

The current circulation of ETH is more than five times of BTC, but value is 1/7 of a bitcoin.

If tomorrow someone launched an altcoin with a mximum supply of 99,999,999,999 and even selling this at $1/coin would take its market cap to 99,999,999,999. Does it mean this new altcoin has become the most valuable, and most important cryptocurrency? Nope.

ETH's increasing price, trading volume and market cap could be summarized as simply as, ICO - tokens - using ETH to buy tokens - expecting to make it large if the ICO succeeds. ICOs are booming and some of the existing ICOs are doing really good. But on the downside many instances of ICO fraud has been reported, marketing it as crowdsale or donation makes it regulation free.

Since Ethereum is entirely dependent on ICOs for its growth and if some prominent ICOs scam/collapse ETH would come crashing down. Whereas bitcoin is entirely independent and scarcity makes it the most valuable and important cryptocurrency.