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

[MIner1448]

A drop in bitcoin to $10 would be an extremely unusual event and hardly possible in reality. But if we assume that such a drop occurs, then altcoins will also suffer significant losses, since Bitcoin is the main cryptocurrency and the basis for trading other cryptocurrencies. If bitcoin falls to such a level, it could lead to a general collapse of the cryptocurrency market, including altcoins.
However, it should be noted that cryptocurrencies are highly volatile and the market can change rapidly in response to news and events. Therefore, it is impossible to accurately predict what will happen to altcoins in this case.

[Abiky]

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.

No altcoin can move on its own regardless of Bitcoin's market prices, especially when they depend on it to survive. The problem is that the crypto market relies on BTC as its reserve currency. After all, each crypto exchange has at least one BTC trading pair. Not ETH, or any other altcoin for that matter. So if BTC goes down to $10, most altcoins would simply go all the way down to $0.

Who cares about this when 99.9% of altcoins are centralized? BTC is where the money is. It's the "Father of Blockchain tech", which means that it's highly-likely BTC will survive for generations. I'd suggest you only invest in altcoins if you have extra money to "play with". Otherwise, "stick" with Bitcoin for better returns in the long run. Just my opinion

[makishart]

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..

Better if you are starting to read some worthy articles in internet about the failed of altcoins. You may able to find some cases related to the altcoins that were failing to the ground even though bitcoin was still pricing so high. FTX, Terra luna, and many more given us very good lessons about the fact that if it doesn't even need altcoins waiting for bitcoin to be failed.

1 or 2 mistakes by the developers or owner are enough to destroy everything that related to that token.

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

Im sure you know answer for what you have been asking above. It seems like it's not necessary to answer that caused by that questions could even be answered by a kid. What a non sense question.

[robattfield]

A drop in bitcoin to $10 would be an extremely unusual event and hardly possible in reality. But if we assume that such a drop occurs, then altcoins will also suffer significant losses, since Bitcoin is the main cryptocurrency and the basis for trading other cryptocurrencies. If bitcoin falls to such a level, it could lead to a general collapse of the cryptocurrency market, including altcoins.
However, it should be noted that cryptocurrencies are highly volatile and the market can change rapidly in response to news and events. Therefore, it is impossible to accurately predict what will happen to altcoins in this case.

It is understandable to speculate on these things here, we can think of the most absurd things, but it is not necessary to agree with such a view.
Assuming BTC will drop to $10 with the current market conditions and context, I think it will be a disaster for the economy in general and this market is only a small part. And then altcoins will no longer care about them with things that are no longer worth using.

[DOH!]

The theory that bitcoin drops to $10 or some conspiracy theories about bitcoin to zero are unrealistic and completely unfounded. Instead of worrying about it, we can expect more of a recovery and put our faith in bitcoin. Bitcoin and altcoins have strong correlations and dependencies. Therefore, assuming that happens, altcoins will still survive but decline in value and even become unsustainable.

[rhomelmabini]

The theory that bitcoin drops to $10 or some conspiracy theories about bitcoin to zero are unrealistic and completely unfounded. Instead of worrying about it, we can expect more of a recovery and put our faith in bitcoin. Bitcoin and altcoins have strong correlations and dependencies. Therefore, assuming that happens, altcoins will still survive but decline in value and even become unsustainable.

It will remain a theory but there could be possible scenario where it could reach that valuation again but that's too farfetched. It's a very speculative asset so people are speculating the unthinkable but on my own point of view, it will never get there again and for sure those who wait for that will just get old or be gone in this world before it happens.

[browsiek]

there is little possibility for the price of bitcoin to fall to $ 10 considering that there are so many enthusiasts of bitcoin. With a limited amount, it will never happen.  The influence of bitcoin is very large on other coins because most altcoin prices are based on bitcoin.  It is unimaginable how many companies will go bankrupt if this happens.

[killerfrost]

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?

Indeed, since I started knowing and learning about this market, I have never imagined this, especially in recent years, there is no reason for me to imagine this.
But anyway any speculation is possible even if the possibility is very small, I can personally speculate that it could be the end of the world
At that time, no one will care about the economy, and crypto prices can fall so deeply, and based on the long-standing relationship between btc/altcoin, I think almost all altcoins will be worthless. .

[kevinzxz]

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?

maybe 80% - 90% of altcoin will disappear and of course I will sell all my assets that I have (house, car and land) to buy Bitcoin, because I believe that Bitcoin is currency of the future, so in the future all transactions in the world are certain using Bitcoin, because transactions between countries using Bitcoin are very fast and cheap compared to banks.

[Silberman]

maybe 80% - 90% of altcoin will disappear and of course I will sell all my assets that I have (house, car and land) to buy Bitcoin, because I believe that Bitcoin is currency of the future, so in the future all transactions in the world are certain using Bitcoin, because transactions between countries using Bitcoin are very fast and cheap compared to banks.

I think the very first thing that comes to my mind is why bitcoin could experiment a drop of 99.6% on its price? If this happened then almost all altcoins will disappear with the exception of those which have a use case, also I doubt that during that time there will be a lot of people willing to buy bitcoin as they will be incredibly afraid that whatever investment they make could turn into dust, that being said I do not think this scenario will ever happen and it is not realistic at all.

[errorcode99]

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?

It won't happen in a day, but if it did, it would mean something catastrophic had happened and no crypto would survive. Since bitcoin is a shining example of an unstoppable cryptocurrency that could fall to the ground, others will follow. Because if bitcoin can't survive, I can't imagine why anyone else can survive.

[Abiky]

The theory that bitcoin drops to $10 or some conspiracy theories about bitcoin to zero are unrealistic and completely unfounded. Instead of worrying about it, we can expect more of a recovery and put our faith in bitcoin. Bitcoin and altcoins have strong correlations and dependencies. Therefore, assuming that happens, altcoins will still survive but decline in value and even become unsustainable.

The only ones who want Bitcoin to go down as low as $10 are haters (eg: banks, governments, etc.). The rest of the people simply want BTC to go all the way to the moon. It's highly-unlikely Bitcoin will decline to such low prices, when it's widely-known to the public. Not only that, but demand remains high while supply is capped at 21m units (added scarcity). If BTC goes down, you can expect altcoins to go down with it too. After all, they follow Bitcoin's "footsteps".

By the time BTC goes to $10 (very unlikely) most of the altcoins will simply disappear. That's because they depend on Bitcoin to survive. Let's all focus on buying and "holding" BTC, as the best is yet to come. Just my thoughts

[Silberman]

The theory that bitcoin drops to $10 or some conspiracy theories about bitcoin to zero are unrealistic and completely unfounded. Instead of worrying about it, we can expect more of a recovery and put our faith in bitcoin. Bitcoin and altcoins have strong correlations and dependencies. Therefore, assuming that happens, altcoins will still survive but decline in value and even become unsustainable.

The only ones who want Bitcoin to go down as low as $10 are haters (eg: banks, governments, etc.). The rest of the people simply want BTC to go all the way to the moon. It's highly-unlikely Bitcoin will decline to such low prices, when it's widely-known to the public. Not only that, but demand remains high while supply is capped at 21m units (added scarcity). If BTC goes down, you can expect altcoins to go down with it too. After all, they follow Bitcoin's "footsteps".

By the time BTC goes to $10 (very unlikely) most of the altcoins will simply disappear. That's because they depend on Bitcoin to survive. Let's all focus on buying and "holding" BTC, as the best is yet to come. Just my thoughts

True, long term holders can appreciate a dip from time to time in order to get more bitcoin for their dollars, but no one wants to see bitcoin going that low, after all something really catastrophic will need to happen for such a price to even be a possibility, and I simply do not think this is possible anymore, so if anyone is out there thinking about waiting for this to happen so they can buy some cheap bitcoin, they should give up right now or otherwise they will never buy any bitcoin.

[lienfaye]

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?

It's likely the price of altcoins will also fall as most alts are influence by Bitcoin's price. So if the price of Bitcoin plunged to $10 then alts will also follow.

Anyway why did you ask? Do you think Bitcoin will drop to $10? With the current standing of Bitcoin now (adoption and increasing number of investors) I don't think the price will drop to such price. We don't know what lies ahead but i'm positive that there's still more to look forward.

[goaldigger]

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?

It's likely the price of altcoins will also fall as most alts are influence by Bitcoin's price. So if the price of Bitcoin plunged to $10 then alts will also follow.

Anyway why did you ask? Do you think Bitcoin will drop to $10? With the current standing of Bitcoin now (adoption and increasing number of investors) I don't think the price will drop to such price. We don't know what lies ahead but i'm positive that there's still more to look forward.

If Bitcoin goes back to that price level, then I'm sure something is wrong with the economy and there's a crisis everywhere, in short it will be worst.
Altcoins still depend on Bitcoin, the market exposure of Bitcoin is still huge and that can totally affect he trend of altcoins. Let's think positive here and let's hope that we have this Bitcoin now where it can give us freedom, a real currency and not being controlled by any government, Bitcoin should not come back to this price level.

[libert19]

Such scenarios are better off left to moment when they happen, I find these speculations futile. We might predict outcomes based on our present limited knowledge however things could be vastly different when that actually happens.

[mindrust]

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 drops to $10, then you can officially say that crypto is dead. Since crypto won't die any time soon (probably never), then bitcoin will never drop to $10. Bitcoin going down to $10 would kill every alt out there. The exchanges will go bankrupt, lots of other businesses will go bankrupt, hell I think some retirement funds will go bankrupt too. It would be catastrophic. Bitcoin is too big to fail now. The government will have to bail out everybody if something like that starts happening. This is no joke. Millions of people will suffer.

[judaspriest]

Such scenarios are better off left to moment when they happen, I find these speculations futile. We might predict outcomes based on our present limited knowledge however things could be vastly different when that actually happens.

Yes it is too wild speculation and I am sure Bitcoin will not go down that far,
I am realistic because the value of Bitcoin is still high and there is no doubt about it,
It's better to make it clearer, we just follow the progress.

[el kaka22]

What happens if it becomes 150 trillion dollars per bitcoin? Think about it, what if tomorrow you wake up and 1 bitcoin equals to 150 trillion dollars, what would happen to alts in that case? I would guess that one ethereum would be at least couple trillion dollars at least. Why am I saying something that makes absolutely no sense at all?

Because, OP asked something that makes absolutely no sense at all as well. Bitcoin will not be 10 dollars, it used to be 10 dollars but it will never be 10 dollars ever again, those days are gone and will never come back again. Why do people keep on considering and talking about these things as if it could ever happen, it won't and there is absolutely no need for this type of discussion.

[usekevin]

Probably it will not happen,if it happens means.The market is crashed fully,the crypto currency will loss his importance among investors.It’s unexpected one from the crypto community,most of the investors in bitcoin holding for the time.Even if the crypto market was crashed,it will not happen in one days.So till that exchange your money from website,the website will give you some time.And bitcoin will not reduce to 10$ at any sense,because people holding billions of dollars in the form of crypto currency.So they never allow this to happen at any circumstance.Hold the crypto currency till it was alive in the market.