what about the fate of altcoins if btc drops to 10 dollars?

[Charmekkd]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

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[tbterryboy]

My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.

We don't know what the future awaits on BTC but many of us are still optimistic and we think it will only go up and hit more all time highs therefore I don't think 10 dollars for BTC is possible anymore. That is only possible when BTC was still new and the adoption for it was still low but we have gone a long way already. At the moment, we are now close to the Bitcoin halving event and that will have a positive impact on the price of BTC.

[Unbunplease]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

If bitcoin falls to $10, we cannot rule out the case that one of the altcoins will take its place and the other altcoins will become independent. It is also possible that in that case bitcoin will become similar to stablecoin. Therefore, I would not categorically state that if bitcoin falls to 10 dollars altcoins will die.

[AmoreJaz]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

If bitcoin falls to $10, we cannot rule out the case that one of the altcoins will take its place and the other altcoins will become independent. It is also possible that in that case bitcoin will become similar to stablecoin. Therefore, I would not categorically state that if bitcoin falls to 10 dollars altcoins will die.

we are only talking theoretically here. because right now, that scenario is very far from happening. there's possibility that btc will indeed become obsolete in the future, and be replaced by a new one. we can't tell that yet. possibly that a new alt or new currency will be introduced to the humankind, who knows? but more then likely, a lot of alts already died at that point.

[Charmekkd]

My guess is that altcoins will also fall drastically and maybe some of them can't handle the impact so they will die (price plungest to zero) and cannot recover anymore but strong altcoins that are at the top can still hold on.

We don't know what the future awaits on BTC but many of us are still optimistic and we think it will only go up and hit more all time highs therefore I don't think 10 dollars for BTC is possible anymore. That is only possible when BTC was still new and the adoption for it was still low but we have gone a long way already. At the moment, we are now close to the Bitcoin halving event and that will have a positive impact on the price of BTC.

it is true that your explanation also makes sense, indeed if bitcoin goes to 10 dollars in my opinion it will also not be possible because the number of bitcoin adopters is very large.
and my purpose in asking this question is out of curiosity how everyone thinks about this.

[Tytanowy Janusz]

what will happen to altcoins if btc price drops to 10 dollars?

Who cares? 99.9% of them are going to zero no matter what will happend to bitcoin because they are scams made only to collect founds from investor, do pump and dump shame.

The 10$ target for bitcoin is also a crazy idea. at that price 1 whale can buy every single coin and manipulate price as much as he wants (including pumping it back to 1 mln $).

[blockman]

what will happen to altcoins if btc price drops to 10 dollars?

You have the idea I guess. When the price of bitcoin goes on high during the bull run, alts do come with it, right? And if bitcoin goes $10 soon, the price of altcoins are gonna be cheaper than what it is right now. But here's the thing when bitcoin drops to $10, there will be a lot of people that will be quick to buy those cheapest bitcoins in the market ever. They've seen it not just once not just twice but many times that it has recovered from its dump and that's why it's not gonna be a matter of price if that happens especially for bitcoin and, I think that the same scene might be created for some few altcoins that's also known.

[Digital_Lord]

The price of all altcoins are in coordination with Bitcoin's price if it rise then altcoins also enhances but as Bitcoin goes in dip all other altcoin also face some situations. So according to this relation if bitcoin become down the  surely altcoins will accommodate this changes in price but those tokens which have already lower price will become more in dip so as bitcoin reduces 10 dollars then already reduce tokens will completely loss their value and now it will be very difficult for those coins to return back to its original position.

[Zorigi]

In my opinion, if the bitcoin price drops to 10 dollars, of course that will be bad news for altcoins, because of course you can also imagine if that situation happened.
because like this, for example, if bitcoin drops by 5%, sometimes altcoins can go down by up to 17%. so if that happens, the altcoin price will definitely be destroyed.

[jacafbiz]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

I don't see this happening but if BTC price drops to $10 most of the Altcoins in the space would die naturally because they will be trading at Zero and the liquidity would dry out. Markt marker would suffer the most losses. BTC price currently is $25k and Ethereum is $1,600 so do the math, if BTC drops to $10 then Ethereum Ethereum would likely trade at $0.6 or less, so at what price would most of these Altcoins trade, Zero.

[Ludmilla_rose1995]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

the worst case scenario is that the price of altcoins will be greatly crushed, and as far as I'm concerned none of the altcoins have their own price control, all depend on bitcoin so even if you are an altcoin investor, you also have to invest in bitcoin.

[wheelz1200]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

In short, this whole experiment will be over if that happens.  I mean I'm sure bitcoincan fail and other projects continue on but in the near future I can't see that happening.  If people lose faith in bitcoin then I can't see why they wouldn't lose faith in all of crypto.  Can other projects thrive, yes they can but bitcoin at $10 would upend any progress crypto has make in the last 10-15 years.

[samcrypto]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

There will be no altcoins anymore if Bitcoin reach that price, imagine the dominance of Bitcoin over this market, that could also mean cryptocurrency are set to failed if Bitcoin goes to that level. Let’s not overthink here because this will never happen again, the public is already aware about the importance of cryptocurrency and they are slowly adopting, let’s be more worry about the mass adoption, let’s hope that it can happen soon.

[Psynthax]

certainly majority of altcoins gonna turns zero, bitcoin drops to 10$ is basically a doomsday it's easy to say that the whole market is done for, many that invested are turning bankrupt and it will start crisis i think, but one most important thing is that majority of altcoins are just gonna outright lost their value because many are panicking and massive selling gonna be occurring and at such event, altcoins usually gonna become the first target of massive selling.

[Scripture]

Altcoins will not survive, simple as that because that can be a worst market and a big crisis for sure and maybe many people will also not survive out of that crisis. Bitcoin should remain strong and remain the standard of cryptomarket, let’s not overthink for this and see Bitcoin as one of the best currency today that we should value more. Looking forward for the next five years of Bitcoin, I’m sure it will be a great market again.

[bitkanu]

isn't it obvious even at the slightest correction altcoins already losing so much of its value, you think if btc drops below $10 alts will be unscathed that's certainly not the case with this, $10 means all the funds are going out of the whole market, you will expect massive collapses of many investment company and majority of altcoins which also holds reserve in form of bitcoin, turning into dust and cease to exist basically vanish into oblivion.

[peter0425]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

the worst case scenario is that the price of altcoins will be greatly crushed, and as far as I'm concerned none of the altcoins have their own price control, all depend on bitcoin so even if you are an altcoin investor, you also have to invest in bitcoin.

for bitcoin to dump that low means people lose hope and trust to crypto so what would other fate are you asking here mate because it is obvious that by then crypto is dying and that is the beginning of the end for cryptocurrencies .
I am not sure about all altcoins but for sure even top altcoins will fall so bad if not to die.

[btc78]

we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?

why it seems that I kept seeing thread now created about the faith of Altcoins towards the changes of bitcoin price movement.
wondering if people who trust shitcoins nowadays are turning in to bitcoin ?

10 dollars bitcoin? meaning altcoin is dead by then lol.

if bitcoin comes to fall that low , so what about Ethereum? it may cost at least a centavos per piece?

[hd49728]

what will happen to altcoins if btc price drops to 10 dollars?

If Bitcoin drops to $10, it is like $LUNA dropped from $100 to $0.00001 in May 2022.

In bear market, altcoins usually lose more than 90% or 99.9% of their highest prices in previous bull market. If a market has a day when Bitcoin drops to $10, more than 90% of altcoins will die.

Even in better market, in normal bear market, there are thousand of altcoins die each year.
How many cryptocurrencies have failed? is a good insight report from Coingecko but their report does not give anything new. We all know about this fact with altcoins.



Top altcoins can die too or lose most of their all time high prices according to Historoical snapshots

[kotajikikox]

Altcoins will not survive, simple as that because that can be a worst market and a big crisis for sure and maybe many people will also not survive out of that crisis. Bitcoin should remain strong and remain the standard of cryptomarket, let’s not overthink for this and see Bitcoin as one of the best currency today that we should value more. Looking forward for the next five years of Bitcoin, I’m sure it will be a great market again.

if that crisis happened maybe you are correct that every altcoin will fall hard or if not died because the bottom line here is that Bitcoin is the basis of all cryptocurrency to move one , if it falls we see market reddish and if grows then the market greenish , so how come that it will not happened to any altcoins once the price drops that badly.

isn't it obvious even at the slightest correction altcoins already losing so much of its value, you think if btc drops below $10 alts will be unscathed that's certainly not the case with this, $10 means all the funds are going out of the whole market, you will expect massive.

yups that is what we can find in the market and will continues to see.