Quote from: HabBear on July 08, 2017, 07:10:24 AM

Quote from: xbiv2 on July 07, 2017, 06:54:43 PM

Quote from: Sniper44 on July 07, 2017, 12:05:09 PM

do you even know what "flipenning" means?

Say me, please.

Flippening refers to the moment when a cryptocurrency other than Bitcoin exceeds Bitcoin's market cap, thus flipping the mainstream cryptocurrency from Bitcoin to something else. It's an acknowledgement to the investment success and a nod to the potential investment future of the cryptocurrency world.

Most think Ethereum will surpass Bitcoin in market cap. Keep in mind that Ethereum is not a competitor currency to Bitcoin (although a lot of people and the news think that it is, incorrectly, all the fucking time.) Ethereum is not a monetary currency...it's token's value is for processing power for their blockchain platform.

Hope this helps.

Exactly. Fippening is calculated based on market cap. Now apart from cryptocurrencies if you add an asset like gold to compare if bitcoin is fippening gold then no. Price of one bitcoin has surpassed price of one ounce of gold, but the market cap of gold is $8.2 trillion while bitcoins is $41 billion. Bitcoin has flipped silver.