Fair explanation, but the criticism still stands - hipsters as a group are no longer hip, theres too many of em. It's no longer few oddballs seeking the weird, think kramer from seinfeld, but whole subculture of kramer clones which define themselves through volatily weird hip things.
The core of the throuble is the scorched earth. Without hipsters, the given obscure hip thing would remain hip much longer - hipsters giving it exposure often propel it into mainstream culture.
This is often bad, when some closed circlejerk is suddenly disturbed by the masses, but by same amount, it's often positive when the exposure is desired. Cool obscure, silly and goofy vietnamese android game? Sure it's hipsters spreading the word. Hipsters and more broadly, the millenial culture of short attention spans and seeking of anything new are the frontiers of hype. They will perhaps destroy whole traditional advertising industry (there will be only professional hipsters for hire, look up pewdiepie vs flappy bird saga), which can be only good.
At that point, hipsters will evolve into their next stage, the natural calling - they'll become hypesters.