[Ads-l] flippening (crypto jargon)

[Barretts Mail]

The word “flippening" is being applied in the cryptoverse to situations where the market capitalization of one item overtakes that of another.

https://twitter.com/udiWertheimer/status/896662866287349760/photo/1 <https://twitter.com/udiWertheimer/status/896662866287349760/photo/1>
Udi Wertheimer (@udiWertheimer)
13 August 2017

==
The real #flippening is almost here!
==

Here, Udi Wertheimer is referring to the market capitalization of bitcoin approaching that of PayPal. (This flippening has now occurred, as per Tyler Durden in at http://www.zerohedge.com/news/2017-08-14/real-flippenig-bitcoins-now-bigger-paypal <http://www.zerohedge.com/news/2017-08-14/real-flippenig-bitcoins-now-bigger-paypal>).

Benjamin Barrett
Formerly of Seattle, WA

> On 10 Jul 2017, at 20:22, Barretts Mail <mail.barretts at gmail.com> wrote:
> 
> March 18, 2017 has the following citation explaining the flippening:
> 
> https://www.cryptocoinsnews.com/op-ed-can-ethereum-overtake-bitcoin/ <https://www.cryptocoinsnews.com/op-ed-can-ethereum-overtake-bitcoin/>
> "Can Ethereum Overtake Bitcoin?” by Andrew Quentson
> 
> — 
> On the other hand, a united, happy and peaceful community talks of a flippening – a point when eth’s market cap overtakes bitcoin’s.
> — 
> 
> “Eth" refers to ethereum, generally considered the number two cryptocoin. “Market cap” means “market capitalization,” the aggregate total value of a particular coin.
> 
> The earliest citation I’ve found (I didn’t search very hard) is nine months ago, meaning November 2016:
> 
> https://www.reddit.com/r/ethtrader/comments/56tlsz/the_internet_of_ransomware_things/ <https://www.reddit.com/r/ethtrader/comments/56tlsz/the_internet_of_ransomware_things/>
> flossraptor Flippening 2 points 9 months ago 
> 
> However, the word “flippening" appears to be a label that perhaps was changed later than the posting date.
> 
> But it seems likely to be the approximate date as http://www.flippened.com/?page_id=69 <http://www.flippened.com/?page_id=69> has a copyright of 2016.
> 
> Benjamin Barrett
> Formerly of Seattle, WA


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