I was thinking that BTC's market dominance is not correlated to actual adoption share over other cryptocurrencies and the notion that BTC is gaining momentum on mass adoption rate would be misleading. In fact, if my memory serves me well, BTC's dominance at the height of 2017 bull run was less than 30 percent and this also coincides along with altcoins having their ATH's.


Indeed! Market dominance of all consolidated altcoins was more than 70 percent on January 2017 and most of the crypto-community are expecting a rebound like this but I think it will happen only to altcoins who have shown resiliency during the bear market of 2018. Imho.

Sa aking palagay ang mga pangunahing batayan para sa isang magandang proyekto ay halimbawa ng mga sumusunod:(Sana matupad ito lahat)

1. Dapat merong integridad yung core team.
2. Merong mga kakaibang use cases yung proyekto at may layuning mabuti na maidudulot para sa komunidad.
3. Ang core team ay may dedikasyon at may mga kakayahang ipagpatuloy ang pag develop ng proyekto.
4. Dapat maging malinaw ang business plan ng proyekto at maging tranparent yung team sa komunidad.
5. Merong magandang mga plano upang mas lalo pang mapalago ang mga tatangkilik sa proyekyo.

Sa aking pagkakaintindi ay walang pang naipalabas na whitepaper yung pactoken, marahil ay dapat tayong maghintay ng ilang buwan kung matutupad ba ang mga naka saad sa itaas. Sana maging sentro din ng proyektong ito ang pagiging mapagkawanggawa ni Manny Pacquiao upang masabi nating merong kabuluhan ang proyektong ito.  

But what about other possible use cases and some proposed innovative projects in the pipeline? Will this have an impact on crypto innovation if the industry only see a handful of other coins including BTC as viable and disregard others which might even offer superior features and innovation?



Indeed! But I was also thinking if this market dominance is correlated in terms of its adoption rate? If it is, then we might be experiencing a significant milestone on Bitcoin's history!

Syempre dapat munang pag aralan maigi kung maganda ba ang fundamentals ng proyektong ito bago mag invest pero sa palagay ko ay posibleng marami ang tumangkilik dito pag naging mabuti ang kanilang pamamalakad. Yung Dogecoin nga na isang "meme coin" lang, buhay pa rin hanggang ngayon dahil sa suporta ng karamihan sa industriya.

Isa lang ang maipapayo ko, sa kalaunan ay dadami yung laman ng iyong portfolio at meron kang magiging mga paboritong coins/ tokens - ito ay normal pero dapat hinde ka maging "emotionally attached" masyado sa isang partikular na coin / token, kung kailangan nang ibenta kahit medyo lugi ay ibenta muna keysa abutan kapa ng halos wala nang halaga yung coin / token mo sa huli.

Marahil ay masasabi nating may basehan yung mga puntong inyong tinalakay subalit mukhang maaga pa para magsalita tayo ng tapos sapagkat dapat nating ikonsidera ang charisma at hatak ni Manny Pacquiao bilang isang sikat na boksingero sa buong mundo at malaki ang posibilidad na ito ay tangkilikin ng mga tao. Sana suportahan din nating kapwa mga Filipino ang proyektong ito.

As per Coinmarketcap's data - https://coinmarketcap.com , Bitcoin is steadily gaining market dominance and I want to know what will be its implications or possible repercussions on the crypto-industry? Any ideas?

For sure there are many altcoin projects out there that will have a profound effect on crypto space regardless of many shitcoins that has  shaken the industry. Nevertheless, it is worth noting that we are still at a very early period in crypto evolution and yes, innovative altcoins will definitely play key roles in this ongoing blockchain revolution though I must admit that we should have the right direction and attitude to achieve our visions.

Maybe it would be possible if you could recall what did you do prior to that incident (any information would help) so that the community could help analyze what happened and give further suggestions and recommendations.

OP's aspirations are not impossible as we've witnessed some people did in fact achieved financial freedom by doing those things. Also, financial freedom and the feeling or its achievement is not the same for everyone since its highly subjective. Some don't even have to be required to invest a huge amount of money just to attain it. Imho.

ICO is a fundraising activity and it is a one way of generating funds to a crypto project and though we've seen a sharp decline of projects conducting it,  we just cannot say its dead since the trend now is IEO which  also just like ICO done via exchange gateways that is much more attractive and more convenient to investors. What is missing really are the emergence of new and innovative projects conducting it since most project who've done it turned out to be failures or worse they have become scam projects that have traumatized the crypto industry. Imho.

Meron akong mga mahahalagang bagay na natutunan sa Bitcointalk forum at karamihan sa mga ito ay nabangit na sa mga paunang posts pero ang pinakaimportanting natutunan ko ay ang laging isa-isip na ang bawat araw ay palaging gawing "learning experience" at maging pursigido pa na mas matututo sa industriyang ito.

Making bitcoin transactions illegal is absurd and will be hotly contested among legal scholars since in a legal point of view, such transactions could have technicalities like jurisdiction limits, etc and its features will make it more difficult to accuse anyone and also, its very hard to prove it has caused unlawful violations or wrongdoings that  is why no wants to take it into court because it will only be a losing battle if they do so.

Correct! Some projects who have bounty campaigns didn't reward their participants fairly and its very disappointing to most bounty participants but I suggest that we should not let these incidents discourage us from participating other relevant bounties. I agree further research into projects is necessary in order not to get ourselves in a disadvantageous position again.

Having only one digital currency sounds ideal but it could be difficult to implement since I believe that there is no such thing as a one stop - all purpose crypto capable of satisfying the individual needs of others and we need to encourage more blockchain innovation along the way.

Also, I think there has to be a compromise between the preferences of the people (e.g. - privacy) and the resolve of Governments (e.g. - regulations) in order for blockchain technology to flourish and gain massive adoption worldwide since these two entities have mutual interest with it.

I think its a bad idea to consider bounty hunting as a main source of income only to be disappointed at the end. The ICO days   that fueled it are over and we can see only a handful of project's now that we might think as legit and has a  potential but there is also a possibility it might fail too.

That question will be best answered if they are directed to economic managers and policy makers of Governments around the world or even on the U.N. and its very frustrating that most ordinary people just like me can't do so much to prevent or influence it since that scenario is unavoidable due to the fact that certain countries have different economic agenda and  would do anything to achieve them regardless of any bad outcome it will result to other trade partners.

Yeah its too much of a hype but in a negative tone which could result on its potential users to caution on what could be a very controversial crypto project. I think most of Facebook's community are not really excited about it to the point that the Facebook management might consider on "pulling off the plug" on its plan to develop this project. Imho.

If you could only allocate time for further research then I'm confident that you could find very promising coins long the way though I must admit its like "finding a needle in a haystack" but at the same time,  it will be very rewarding in the end.

Its the brand of Binance that project developers are after and will be glad if their project wil lbe listed in it since there is a perception of integrity and liquidity once a project / token is on Binance Dex. Furthermore, Binance has certain requirements for listing and only most likely accept projects with certain quality so in effect having the image of a reputable DEX. Imho.