Flappening Long Sleeve

The now 6th largest cryptocurrency in the world surged by over 19% in the last hours. This allowed Litecoin to perform the so-called “https://www.beaxy.com/” with Bitcoin Cash. The next target would be to surpass Chainlink as the 5th most valuable cryptocurrency in the world. When I posted the chart in my previous article, the ETH/BTC ratio was over 60% back in February & Ethereum was positioned as the top contender among the Alt.
In February, Charlie Lee predicted a ‘Btc to USD Bonus’ of Litecoin and Bitcoin Cash before the end of the year. Well, with just two weeks of the year left, the prediction came true, as Litecoin’s market cap overtook Bitcoin Cash. However, unlike Flippening that only happened in April 2019, the Flappening had already taken place with LTC’s market cap exceeding that of BCH back in December 14th 2018. The term had since expanded to refer to the overtaking of other important altcoins. Carlos is an international relations’ analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.
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As news spread, the LTC price began to spike, and at time of writing has seen a 24-hour increase of almost 12%. This has boosted its market Btcoin TOPS 34000$ cap from simply overtaking BCH, to being nearly 10% higher. Litecoin surpassed Bitcoin Cash in terms of market capitalization.
The Crypto market has seen a lot of twists & turns in 2018 as the year winds down. We might as well see other instances flappening of Flippening taking place as the market comes of age & we see more viable projects trickling through.
So we’re fully subscribing to Lee’s prediction, which only bolsters our Litecoin price forecast for 2018. Litecoin fans have taken their leader’s prediction very seriously. Someone even createdFlappening.watch, a website which analyses various metrics by which LTC can overtake BCH.

Flappening 2016

Save time with matrix workflows that simultaneously test across multiple operating systems and versions of your runtime. Here’s an overview of our use of cookies, similar technologies and how to manage them. You can also change your choices at any time, by hitting the “Your Consent Options” link on the site’s footer. Earlier this month, Coin Rivet brought you the story of how Charlie Lee had been using a combination of Litecoin and the Lightning Network to ‘instantly’ buy Amazon gift cards.
It’s applications like this that add that extra level of interoperability between Litecoin and the wider Bitcoin-pegged flappening and segwit-enabled ecosystem. Bitcoin is poised to revolutionize the way individuals and companies do business online.


But when the HODL paradigm comes crashing down, you might want to reconsider your position and approach. Litecoin has experienced a steady growth which enabled the project and the community to take every step towards legitimization on the market. Furthermore, building a reputation that’s based on the long-time efforts and not trying to take over an established brand is always a strategy which pays off in the long term. In this case, it just happened to show its results a lot faster than expected, only to solidify Charlie Lee’s mysterious ability to make accurate predictions. Conversely, Bitcoin Cash doesn’t present itself as a complementary version of Bitcoin; it claims to be THE original Bitcoin as presented in the whitepaper. In spite of these philosophical and technical similarities, Litecoin and Bitcoin Cash have different fundamentals and are marketed in antithetic ways.

Results For : The Flappening

Make sure you don’t get left behind by learning the basics of bitcoin in our bitcoin education center. Crypto veteran Davicij15 recently explained his trading strategy, which includes buying many different crypto assets and taking profit after 100% gains. Vlad is a political science graduate who got a little tired and disillusioned with the old highly-hierarchical and centralized world and decided to give this anarchistic blockchain invention a little try. He found out about Bitcoin in 2014, had to do a presentation about it at Sciences Po Paris in 2015, but was too foolish to buy any. Now that he’ll never be a crypto millionaire and hasn’t acquired his golden ticket to lifelong financial independence, he’ll just write op-eds on various topics. But this is a strong blow which the project has taken in terms of becoming a legitimate mean of exchange and store of value. Having lower daily trading volumes is already an indicator that your community members don’t really SPEDN, but HODL.
Flappening is a term used to describe Litecoin growing bigger and becoming more valuable than Bitcoin Cash . Flappening is likely a term as the Litecoin community also circulates a meme called “Arise chikun” to describe the rise in price of the coin. Track top keywords for every app out there, as well as how an app’s search position is trending over time for the keywords that matter. Litecoin advocates have long waited for a ‘flappening’ (combining ‘flippening’ with Lee’s ‘Chikun’ nickname), creating a website monitoring the situation. By many metrics, Litecoin has always been ahead of BCH, but in most eyes , the key figure is… well, market cap.
consider that it may be possible for LTC to reach a price of $4,000 or even higher. If history repeats itself it may be possible for LTC to reach new highs in 2021. Although many consider the Flappening has already happened, the next target will be to get the fifth position. Now, Chainlink is waiting with a market valuation of around $5.05 billion. Faisal is based in Canada with a background in Finance/Economics & Computers. Faisal is also an active Stocks trader with a passion for everything Crypto.
The website watches market capital, price, number of active addresses, number of daily transactions, daily trading value, daily mining reward, and average block time. In recent weeks, the project has moved up the rankings all the way to seventh in terms of market cap. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. With the two biggest metrics measuring the strength of a digital coin being the price & its market cap LTC lagged behind its counterpart till the BCH split that happened last month. The https://www.binance.com/ has also seen a price hike for LTC by more than 10% in the past couple of days alone. It will be interesting to see whether Litecoin is able to hold on its edge in the long term.
For now, all eyes are at the continued price squeeze as traders lose hope of a bull run. We are bringing to your notice that whilst we don’t approve the breach of digital privacy , we are still going to continue upload leaked photos of celebrities. This website isn’t endorsed by, directly affiliated or, created by any of the people behind the iCloud leaks. Hosted nude leaked celeb pictures are considered to be a part of public domain, until the receiving of a cease and desist order from the copyright holders.
The other two digital coins on the chart are Bitcoin Cash & Ripple – the former has recently undergone a hard fork thus the sharp drop in market share. /r/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA interviews from top Bitcoin and cryptocurrency leaders. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more. Technically speaking, BCH is closer to BTC and only features some adjustments to ease commerce use. The fact that the split had happened 9 years into the life of Bitcoin also means that the fundamentals are shared. On the other hand, Litecoin is a fork of Bitcoin’s genesis block and has been running independently and separately since day one.
This reduction in fees could act as a boost to help adoption grow under the ‘medium of exchange’ use case, which has been a longstanding visionary statement for the open source cryptocurrency project. By some metrics, Litecoin had always been ahead of Bitcoin Cash – it handled more transactions and higher volumes, while constantly discovering new blocks four times faster . In this way, LTC never lost its supremacy as the more liquid and convenient coin for transactions and payments. In the last 24 hours alone, Litecoin had over 50,000 active addresses vs. the 13,000 for the winner of crypto’s latest forking war. It’s a significant lead given that BCH was an airdrop to the majority of crypto participants in June 2017, whereas Litecoin had to be mined or bought on a trading platform . Charlie Lee is celebrating that Litecoin has overtaken Bitcoin Cash in terms of total market cap. Crypto Insider is brought to you by Crypto Taco, a blockchain and crypto marketing team.

The Falls Have Subsided, At Least For Now, But Will 2019 See New Lows For Crypto?

The Crypto bulls saw in dismay with the tables turning on the broader digital assets’ market during the year. The major resulting factor from this Bearish run was the climb of BTC’s dominance from the historic lows of 38% earlier in the year to the current 55%. As the market cap for the broader Crypto market cap shrank drastically so did the share of Alt. coins as the ETH/BTC falling to about 16% at the time of writing. Just before you think I am blabbering in my sleep, these are two actual terms coined in the Cryptoverse to present two possible scenarios, but on two different sets of digital coins.

  • LTC was able to get the 6th position in the cryptocurrency market after outperforming Bitcoin Cash in the last few hours.
  • So on December 15th 2018, Mr. Lee tweeted his victory with the kind of swagger we haven’t seen in a while.
  • Well, this time it’s about the flappening and how it actually took place two weeks before the year end.
  • While the broader crypto market remains flat, Litecoin is soaring on Monday morning.
  • In this way, LTC was able to reach a market cap of $4.85 billion and a price per coin of $73.60.
  • Litecoin prices are up more than 6.83% in the trailing 24 hours and, at the time of writing, the LTC to USD rate was around $230.00.

For instance, Litecoin is regarded as the aid which Bitcoin needs, both financially and technically. In 2017, Charlie Lee has negotiated with the miners in order to enable SegWit and demonstrate its capabilities before the more conservative Bitcoin community embraced the block malleability fix. More recently, the Litecoin creator is also planning to experiment with opt-in confidential transactions, as mentioned in episode 13 of Magical Crypto Friends. Some people call Litecoin as a “testnet” for Bitcoin, though its liquidity and security flappening for on-chain transactions also brings value. Bitcoin trader and Magical Crypto Friends member Whale Panda was among the first crypto influencers to witness the phenomenon and write about it on Twitter. All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness.