BTC dominance seems to continue creeping on upwards. How high do you think it will go without an actual bull run?
And how high have you seen it go?
In reality bitcoin dominance is much greater than coinmarketcap shows. A lot of alts have artificially inflated caps, it will go away soon. Many projects will fail.
I think that this statements is closely related to what's been goin on with the reality right now mate, and some of the projects which I've been part of were really failing. We need to be more vigilant in picking up those new projects which you wanted to be part of, whether its a bounty campaign or being an investor for the ico project. Probably those artificial inflated market caps, was their fishy strategy that has been detected by investors who happens to pull out their asset by dumping it all the way and suddenly fall down bitcoin's price value to the dipped scenario.