So Lets Talk About The 'Flippining'

[GreenBits]

Hey peeps, Green here. Read an article a little earlier today about a possible flip of major value from BTC to ETH, essentially that Ethereum will overcome the price of Bitcoin. That's a pretty hard sell for me Bitcoin is too old, too trusted, too capitalized for that. But there are some variables..

We are looking at scaling issues still (Amiright? Jesus!) on top of this possible hark fork that aforementioned shitshow has possibly yielded. On top of this bubble finally popping (it was intentionally popped by the coordinated DDOS efforts across multiple exchanges, but that's a whole different thread )

So what do you guys think? Anything to this 'Flippining', or is it just a bunch of baloney?

If it will be anything like the Fappening, then I at least want to sit back and see what develops

[sgbett]

*Adjusts monacle*

*repositions self in armchair*

*takes another sip of bourbon*

No comment

[BitcoinBarrel]

Most people can't even pronounce Ethereum

[European Central Bank]

yep. totally possible. all it requires is a serious push in korea and on poloniex and the numbers are higher.

alot of it is new and stupid money which doesn't care about bitcoin.

i don't know what it'll mean. i won't be having anything to do with ethereum. i don't think they should be considered as being in the same category.

i think the chances of a bubble pop are much higher for it than bitcoin though.

[Silberman]

A Flip may happen but I think it would be the result of the current bubble that Ethereum is in, I don’ think it is going to be a long term issue, at some point those in Ethereum are going to cash out or to move their money to bitcoin the Ethereum value is going to crash and the price of bitcoin will go up once again, that will create another bitcoin bubble, but that is simply the way it is.

[pooya87]

i am not going to say if it is going to happen or not but here are some questions:
why did ethereum price go up? is it really offering some real world application that people decided lets use it? or was just because of all the ICOs that were created in the past couple of months an the fact that in order to invest in any of them you have to buy ETH tokens, there was no other way? do you know how much money some of these ICOs gatheres?
what is going to happen when the developers (who got these ICo funds) start cashing out?
what will happen when there is no more ICO, or there are ICOs but nobody invests in them any more?
what about the fees, what will people do when ethereum transaction fees reach $2, $3, $10? will they continue using it as they are using BTC with high fees?
i hear the costs of starting a smart contract is pretty high too, gascost(?) what will happen then?
ethereum is not even the only one offering a platform for smart contracts, what will happen when better platforms which has been neglected so far gain some popularity because it is no longer economically worth using ethereum for smart contracts? for example RSK is practically free!

but the funny thing is, when they talk about flippening they just stick to 1 thing: marketcap...