So, will the event come to pass? And if so, what will it mean?
Analysts queried by CoinDesk largely believe ethereum's ether token is most likely to spur the change, given it has increased 3,000% this year with no signs of slowing.
Indeed, ether's market cap has been drawing steadily close to bitcoin's amid a broader uptick in interest for so-called 'tokens' based on the platform, with the two cryptocurrencies worth $35.9bn and $43.7bn at the time of report.
Read the full story by Charles : http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/
I don't think it is a question if it's happening, but when! Ethereum has a lot of other uses that bitcoin doesn't have. I do think however that bitcoin and ethereum will exist next to each other. Where bitcoin is more of a way to store value and ether will be used for other things as well as storing value.
Ethereum will become the new reserve currency, exchanges will offer eth to all other altcoin trading (rather than just the few they have now) and btc will be traded like any other coin rather than being the standard by which other coins are judged.
I expect people to transfer money out of btc wallets and store them in eth wallets.
I am not so much into the flipping. Its just a price for each token, nothing more nothing less.
But that will not prevent humans from making a drama out of this.