Bitcoin Forum

No stranger to strange milestones, the cryptocurrency sector may soon see a historic first, one that could upend long-held perceptions of its market.

Branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain. Sparked by increasing inflows in cryptographic assets, the concept has already seen a dedicated hashtag and website.

Given that bitcoin invented and popularized blockchain systems, the development could herald a time of new diversity and experimentation for the nascent sector that, until recently, was largely defined in context of bitcoin.

At earlier points in 2017, bitcoin accounted for more than 80% of the total cryptocurrency market share, though this figure has been higher than 90% at times.

However, so-called alternative cryptocurrencies have drawn robust inflows this year, causing their total market cap to reach a record high of roughly $117m today, a more than 500% year-to-date increase, according to CoinMarketCap.

Read more: http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/

Your "news" article needs proper date formatting to be in the News Section.

Thanks...

True, but it's not quite as relevant in this case.  The OP seems to have used the proper format in previous articles and this is more of a discussion on a news site rather than a particular event.

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Ethereum is not the best blockchain in terms of fees, or for other reasons that people like to think they're moving to ETH for.  Fees are typically high now, and this trend would continue when the transaction volume is higher than Bitcoin.

There will be a continued importance of alts - that's pretty much irreversible now.  But whether that big alt will continue to just be Ethereum seems less certain.  I'm thinking some DAG-based coin like IOTA might become prominent soon enough.

spelling correction: you guys mis-spelt "floppening"


(to be fair, "o" is right by "i" on qwerty keyboards, it's probably just a typo :D)

The News Section is for news.

Want to comment on news? Then post a relevant News article with the proper formatting, and comment on it.

Not too hard to understand.