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?
What other implication would it have other than creating more awareness for people because right from when bitcoin was created, as it never disappointed anyone, it could have its own issues but the issue is not compared to the issue that altcoins gives, bitcoin issue could still be dealt with which are usually technical and with time it would be worked on.
Most altcoins has so much discouraged many people who are finding it quite difficult to really trust the now, and it was their fault that they gave bitcoin this chance to dominate this high, if they were all working according to their whitepaper plan, I am sure that by now, most altcoins will seriously be competing with bitcoin, and their community will be growing, but how can community grow when they usually have nothing much to offer, though we still have few of them.