[Ads-l] flippening (crypto jargon)

Barretts Mail mail.barretts at GMAIL.COM
Mon Aug 14 19:42:25 UTC 2017

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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