Does it flip?
Market capitalization of
ETH: USD
BTC: USD
ETH/BTC ~ %
or more precisely
Maximum value recorded ~% the day of
Flippen.it, live data source: coinmarketcap.com
thanks to u/keaukraine from cryptofees.net
Watchening the Flippening Happening
ETH/BTC ~ %
Break Even Metrics
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% ETH/BTC 24h Volume
Ratio of USD trading volumes vol24h(ETH) / vol24h(BTC) = /
⇒ ETH/BTC
If the price of one Eth reaches the price of % of one Bitcoin it flippened (suggested by u/rath3t). Breakeven price(ETH/BTC) ≝ supply(BTC) / supply(ETH)ETH ⇒ USD
to reach Bitcoin marketcap. breakeven(ETH) ≝ marcap(BTC) / supply(ETH) = /BTC ⇒ USD
to reach Ether marketcap. breakeven(BTC) ≝ marcap(ETH) / supply(BTC) = /Equality: ETH , BTC USD
for BTC and ETH to meet in the middle. equalmarcap ≝ (marcap(ETH) + marcap(BTC)) / 2 = USD. equality(BTC) ≝ equalmarcap / supply(BTC). equality(ETH) ≝ equalmarcap / supply(ETH).-
Δ Köppelmann ETH/BTC (%)
The Köppelmann Constant is the ETH/BTC rate where newly created coin supply for Ether PoW mining yields the same value as newly created coin supply by Bitcoin mining (Source: Köppelmann, Reddit). Also, it is the ETH/BTC rate where Ether PoW expends more economic resources on PoW than Bitcoin (source: V. Buterin, Reddit). Another definition wouldbe: the point where one network's security is subsidized by more monetary supply. Delta Köppelman = price(ETH/BTC) -Note currently not accounting for ice age blocktime increase!
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Δ Buterin Equilibrium ETH/BTC (%)
Köppelmann constant adjusted for dynamic fees and ice age according to suggestion by V. Buterin, therefore we call it the Buterin Equilibrium, currently at ETH/BTC.
SUBJECT TO CHANGE correction by u/PeenuttButler Corrected currently manually. Last update 2017-05-21