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

[ethereumhunter]

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?

Altcoin will follow the direction of the bitcoin movement. And if BTC drops to $10, there will be a lot of altcoins that can't survive and it's probably a massive purge that could happen in the market. And only the altcoins that can provide benefits will survive in that situation while the others will disappear from the list of coins on the exchange.

But it will bring a huge riot in the market because many people can't bear to see that happen and may choose to sell their bitcoins quickly to save their assets. This time, they wouldn't have thought that bitcoin could bounce back and break even higher. And hopefully, that will never happen in the future.

[OrangeII]

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.

Additionally, if the altcoins stay afloat, they may be under bitcoin in price, and may be under $1 or even far below. the worst condition is that many altcoin projects have gone bankrupt and maybe only a few altcoins have survived, that's because many holders might sell their assets when the price hasn't gotten very low. Anything can happen, but I still firmly believe that bitcoin will have a higher price than its current price in the future.

[VRExpress]

Some altcoins stand on their own, they don't rely on Bitcoin, so if Bitcoin crashed down to 10$ there will surely be some turmoil but Ethereum will switch over to the 1st on coingecko and CMC, many altcoins including Ethereum will lose their value but the strong ones will be cut off from Bitcoin and Bitcoin will die, it will also take a long period of time before things settles.

[Kelvinid]

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?

Of course, I don't want to think about it but if that really happens, I don't expect that all altcoins have value as well. Because as we notice that altcoins and these shitcoins are heavily affected when the market is down. When the price of Bitcoin got huge corrections, everything is about to follow and the market turned red. And that $10 price of Bitcoin is enough to see the majority of the altcoins are already dead.

But for me, it was an unforeseeable scenario of the market. Bitcoin won't drop like that unless it was the end of the crypto world where nobody has an interest in this.

[JayTrain]

It's impossible for Bitcoin to drop to $10, as it is highly unlikely that the market cap would ever decrease that much. However, where Bitcoin did drop to $10, it would likely cause a major sell-off in the entire cryptocurrency market, including altcoins. This is because Bitcoin is the most dominant cryptocurrency and often sets the tone for the rest of the market. In a bearish market, altcoins tend to follow the same downward trend as Bitcoin, leading to a decrease in their prices. However, it's important to note that the exact impact on altcoins would depend on their individual projects, adoption, and market sentiment.

[n0ne]

The crypto market is completely dependent over the bitcoin. The movement of bitcoin will be followed by the altcoins, so failure of bitcoin will cause altcoins to fail. Some centralised altcoins will be manipulated and kept at a better position. For now there is no need of discussing about such an instance, because it is assured that bitcoin never reaches down to such a value based on theoretical calculations. In realtime we don't know, because it is the only asset that have the ability to bounce from $20k to $26k in a single day.

[Jody.Drummer]

As we know so far that altcoin prices always follow wherever Bitcoin prices go. And if bitcoin goes to $10 then chances are that many of the altcoins won't be able to survive that drop. But who cares that even I never saw it could happen (bitcoin dropped to $ 10), even when bitcoin goes down, then those big investors will immediately come in and make the price of bitcoin pump up again.
To be honest, I personally didn't think of anything like this before, because I didn't think bitcoin would touch that price. I never imagined that someone who had an early dislike of bitcoin would laugh at the drop.

[Abiky]

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 BTC drops to such a low price (which I doubt it), altcoins will become "worthless". Many of them will die, leaving us with only a few players such as Ethereum and Litecoin. Crypto/Blockchain tech is just getting started, so I wouldn't hope for a major downfall in market prices in the time being. It could take decades, if not centuries, before BTC and altcoins drop all the way down to "rock bottom".

I'd focus on filling my "pockets" with prominent coins at a discount, to sell them at a profit during the next bull market. Don't expect much from altcoins, especially when they aren't as comparable to Bitcoin in terms of decentralization, and censorship-resistance. They're just experimental grounds for Bitcoin which is the real deal. Who knows how long altcoins will last? Just my opinion

[Reatim]

Some altcoins stand on their own, they don't rely on Bitcoin, so if Bitcoin crashed down to 10$ there will surely be some turmoil

but the problem is this, will those investors continues to keep their coins knowing that the market is dumping?

like me , if I see bitcoin drops to 1k again? do you believe that I will keep holding my altcoins?

but Ethereum will switch over to the 1st on coingecko and CMC, many altcoins including Ethereum will lose their value but the strong ones will be cut off from Bitcoin and Bitcoin will die, it will also take a long period of time before things settles.

surely bitcoin will die?

the whole market will die if this happens mate , trust me it will happen.

[someone703]

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?

Waste of time thinking about the problem of no return, when people dream of material value that it will go up OP is thinking downward. Theoretically it's not possible until now, if this happens give me some more specific cases. As for the hypothesis from the OP, I think there is a good answer, look again then the BTC swap capital is not even equal to 1 person's money so why do we care about it.

[Zanab247]

If such thing happen to BTC, I guess altcoins will take the place of BTC because altcoins team will use that period to prove to people that altcoins can pump higher without BTC in the market. But I don't think BTC price can fall to $10 this year because people have experienced 17k last year that made some to wait if the price will reach$10k before they can buy BTC, and the price moved to $20k in the month of December 2022. BTC teams are very ready to make sure the price of BTC reach $50k before the end of next month which the price has moved to $26k to encourage investors to invest more on BTC than altcoins.

[bussybuddy]

We're probably pretty excited about this, for me since I found out about the lowest price market I've ever seen on TV so many years ago and at the time I just saw it as a kind of thing. illegal money that criminals use a lot.
And you can see now how things have changed about this market, at least in my opinion to bring BTC down to that price is unthinkable. And by value, the market capitalization then was only about $1B, with such a small scale, it will be compatible with the size of small and medium industrial parks , I believe that altcoins will not have much reason to buy at that time developers as well as users interact with each other.

[FairUser]

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?

Then ETH could be $1 or within that threshold, why? For simplicity's sake. I find it funny how you came up with the idea of ​​$10, I don't understand what to ask. Anyway, the ratio between btc/altcoin has always existed just how accurate and likely it is. And now that we are approaching important milestones in the market, before the volatility of the past time, prepare yourself to seize the opportunities that the market brings in the future.

[bayudndy]

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 understand why you're thinking of this, and ask yourself if it's possible given the current situation.
I think now just the price of BTC in the range of $1000 - $1000 is too low in terms of potential that we still mine BTC every day.
Anyway, it happens, I hope you will continue to accompany the market, and ask you this if the price of BTC drops to the price you expect, will you still invest in crypto?

[Abiky]

Then ETH could be $1 or within that threshold, why? For simplicity's sake. I find it funny how you came up with the idea of ​​$10, I don't understand what to ask. Anyway, the ratio between btc/altcoin has always existed just how accurate and likely it is. And now that we are approaching important milestones in the market, before the volatility of the past time, prepare yourself to seize the opportunities that the market brings in the future.

ETH going all the way down to $1 is impossible. The same thing can be said about BTC going down to $10 per coin. But if it happens, most of the altcoins will die because they depend on these two cryptocurrencies alone (BTC and ETH) to survive. After all, Bitcoin and Ethereum dominate most of the crypto market. The only way this will materialize is if governments around the world ban crypto/Blockchain tech for good. Mainstream adoption will decline, leading towards lower market prices in the long run.

Altcoins often come with higher risks than Bitcoin alone, so I'd suggest you diversify your investment to protect yourself against a massive decline in market prices. No one can predict the future so we can only hope for the best. Just my opinion

[southerngentuk]

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?

Just like doing probability math we can predict for the future, there is a lot of speculation about the price but OP gives everyone such a thought.
That's okay, we're here to speculate on everything about the market, I think $10 in BTC would mean a bunch of altcoins would then be of little or no value. And such a low-value market will no longer care, because its past price indicates a collapse.

[AakZaki]

When Bitcoin is worthless and drops to $10, what else can one expect from an Altcoin. It will impact all ecosystems in crypto, all will be destroyed. But maybe there will only be a few who start to rise.
But to think that bitcoin will ever reach a price of $10, that would be an impossible delusion at this time. We see that bitcoin has a very fast growth from the beginning bitcoin was worthless until today.
Don't expect $10, when BItcoin drops to $1000 I will invest all my treasure into Bitcoin if it does happen. There is no second chance to get Bitcoin at a very cheap price.

[o48o]

It wouldn't happen in a day, but if that would happen, it would mean something catastrophic had happen and no crypto would survive it.
As bitcoin is a shining example of unstoppable cryptocurrency and that could be crashed to the ground, others would follow. Because if bitcoin couln't survive, i can't imagine why others would.
Hell others crash 70 - 90% when bitcoin drops 50%, some of them even die because of the panic.

[lobo13hf]

majority of altcoins are gonna get destroyed for sure, and what I mean by majority is 95% of altcoins because honestly bitcoin dictates heavily in the valuation of altcoins in general.
even the altcoins you think gonna be having promising future.

[ElmedoRator]

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 another article I just expressed that thinking the market will soon have a huge capitalization, here we are speculating about a crash scenario.
If I don't want to get you wrong, or you want me to understand 1 btc = $10 = 1 luxury apartment, I'd probably think this was the downfall. Perhaps we will see a lot of altcoins disappear and the market will have less interest in it.