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

[bittick]

isn't it kinda obvious that if btc really going that low most of altcoin will just gone.
many altcoins are actually getting paired with btc in trading platform, it's essential to know the fact that bitcoin really contributes a lot towards the fact that altcoin, majority of them still got value nowadays.

[1714870798]

1714870798

[RussianEnglishTranslation]

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 would be good for crypto if Bitcoin falls to 10 dollars as every crypto can trade against each other rather than BTC, which has no real utility other than being the first major crypto to be adopted. This would give other projects like XRP, MATIC, and Q Blockchain an opportunity to be #1 on CMC.

[JeffBrad12]

We all know bitcoin would never goes down that far, even the total supply always guarantee that bitcoin is rather deflationary, but if that scenario truly happening, then I guess it's gonna shake the entire crypto market indeed.
but many coins are actually paired with stablecoin nowadays, to know the value better they choose stablecoin because they deemed it to be easier to make sense nowadays. heck, even IEO being held are now using stablecoin, i'd say maybe it's gonna leave huge impact but a great amount of altcoin gonna still exists, and very few of them will actually retain value, since the drops of bitcoin into that low, meaning it will create sense of fear, altcoin will definitely affected, since many altcoin holders are actually also always follow the trend of bitcoin, regardless of the current pairings which make sense since bitcoin has biggest market domination.

[kotajikikox]

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 would be good for crypto if Bitcoin falls to 10 dollars as every crypto can trade against each other rather than BTC, which has no real utility other than being the first major crypto to be adopted. This would give other projects like XRP, MATIC, and Q Blockchain an opportunity to be #1 on CMC.

but the best part of this for me?
 is the chance of making me a Millionaire if not billionaire in soonest time once bitcoin recovered as what happened many times before.
Bitcoin is proven to be carrying the best interest for all crypto investors.

buy bitcoin the lowest you can.

Sell Bitcoin the highest you believe in.


Never Give up , for all the supporters and even not because we have seen this happening many times before.

[beerlover]

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 would be good for crypto if Bitcoin falls to 10 dollars as every crypto can trade against each other rather than BTC, which has no real utility other than being the first major crypto to be adopted. This would give other projects like XRP, MATIC, and Q Blockchain an opportunity to be #1 on CMC.

but the best part of this for me?
 is the chance of making me a Millionaire if not billionaire in soonest time once bitcoin recovered as what happened many times before.
Bitcoin is proven to be carrying the best interest for all crypto investors.

buy bitcoin the lowest you can.

Sell Bitcoin the highest you believe in.


Never Give up , for all the supporters and even not because we have seen this happening many times before.

I am not sure if I could ever be a billionaire, that seems like the most unlikely thing ever. And to be fair I am not looking for that neither, since living in my nation is not really that much insane, I could just get 100k and that would be more than enough for me and it's very realistic in the world we live in right now.

Crypto could get me 100k, and considering 1k per month is more than enough for me and I already make nearly 1k myself as well, I would be able to live a comfortable life. I would put that in interest, and I would just spend the extras and I would live a much more comfortable life. In order to reach that I keep investing into bitcoin and check some alts, one day I am going to reach that level, even if it takes many years.

[Chainsmokers]

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 would be good for crypto if Bitcoin falls to 10 dollars as every crypto can trade against each other rather than BTC, which has no real utility other than being the first major crypto to be adopted. This would give other projects like XRP, MATIC, and Q Blockchain an opportunity to be #1 on CMC.

but the best part of this for me?
 is the chance of making me a Millionaire if not billionaire in soonest time once bitcoin recovered as what happened many times before.
Bitcoin is proven to be carrying the best interest for all crypto investors.

buy bitcoin the lowest you can.

Sell Bitcoin the highest you believe in.


Never Give up , for all the supporters and even not because we have seen this happening many times before.

I am not sure if I could ever be a billionaire, that seems like the most unlikely thing ever. And to be fair I am not looking for that neither, since living in my nation is not really that much insane, I could just get 100k and that would be more than enough for me and it's very realistic in the world we live in right now.

Crypto could get me 100k, and considering 1k per month is more than enough for me and I already make nearly 1k myself as well, I would be able to live a comfortable life. I would put that in interest, and I would just spend the extras and I would live a much more comfortable life. In order to reach that I keep investing into bitcoin and check some alts, one day I am going to reach that level, even if it takes many years.

Yes it is without a doubt and as long as we keep learning and trying it is likely that we will make more profit in crypto,
investing is not that easy because both knowledge and skills are also needed,
what is clear is that investing in Bitcoin will be profitable, especially for the long term, it's the right decision.

[Reatim]

Some altcoins stand on their own, they don't rely on Bitcoin,

Well, that sounds like an interesting scenario to be covered by your flowers but I'm not sure it's correct.

if it will going to drop that low then lets admit that the crypto is a nonsense and will die together with bitcoin because what is altcoin if there is no Bitcoin around?

and also don't worry mate , those people that ask about this kind of questions are those people that don't really trust crypto specially bitcoin instead they are just those kind of people here that target getting money with fast result.
bitcoin will never bring good return to those not trust this for long term.

I don't think this will be happening, but say that it happens, well weak coins will likely go obsolete and then others will be priced in the cents but then again this is super discounted and demand will certainly push price up which will see bitcoin market price go up and allow other altcoins to ride this wave and price will go up supper quick.

they will gone for sure , bitcoin will never go that low and bitcoin will remain the best crypto ever the world has.

[globalpain]

of course the fate of altcoins will also die because Bitcoin will also die if it happens,
but I don't think that will happen because Bitcoin and Blockchain are part of future technology and you can see the history of the price of Bitcoin,
yes Bitcoin is very strong and never goes down to All Time Low!.

[poodle63]

It would be good for crypto if Bitcoin falls to 10 dollars as every crypto can trade against each other rather than BTC, which has no real utility other than being the first major crypto to be adopted. This would give other projects like XRP, MATIC, and Q Blockchain an opportunity to be #1 on CMC.

Are you sure about that? as far as i know that if some altcoins like xrp, matic and qblockchain actually relying with bitcoin. I kinda feel if the price from those coins will be going to the zero value as well as bitcion price that will be plunged so hard but to be honest if this thing was only in our imagination. bitcoin is very strong right now and it can also be called as store of value. No point to call it to go to the 10 bucks again.

[raidarksword]

BTC falling to that level price will surely will kill the atcoins with that, it may hard to recover if that to happen though this is just an assumptions so it's safe to say that bitcoin will continue to set to high price in the futures to come hence bitcoin has a limited supply and it will become more scarce in the near future.

[Teraboy]

let alone about the fate of altcoins, i think so many people out there are gonna be homeless, many company are gonna go bankrupt because many right now are diversifying their portfolio heavily in bitcoin so it losing its value to the point that there's only 10 dollars left would be massive disaster. it's gonna be the same if stock market are having heavy decrease in value.

[poodle63]

BTC falling to that level price will surely will kill the atcoins with that, it may hard to recover if that to happen though this is just an assumptions so it's safe to say that bitcoin will continue to set to high price in the futures to come hence bitcoin has a limited supply and it will become more scarce in the near future.

BTC dead altcoin dead. BTC up altcoin makes only slightly movement. All of altcoins may be dumped to the all time low. Bitcoin is the key for altcoin to increase, if bitcoin is failing to increase and altcoin will be following it too.
I meant we must also aware about how strong bitcoin right now. Impossible for btc to be dumped so hard.

[rodskee]

There are some altcoins that does not depend in bitcoin so  I believe that some investors and users will convert their transacting if they start losing trust in bitcoin as what your scenario is asking.

but for me? most of altcoin may lose more than how bitcoin losses its momentum.

and hoping that before it happened? i already sold my coins for not losing so much.

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.

really? do you think this is possible? altcoin taking over what bitcoin did not attain and produce?

[WalkerIVIV]

of course the fate of altcoins will also die because Bitcoin will also die if it happens,
but I don't think that will happen because Bitcoin and Blockchain are part of future technology and you can see the history of the price of Bitcoin,
yes Bitcoin is very strong and never goes down to All Time Low!.

surely current market capitalization of bitcoin make it hardly goes that low, even if it reaches $100 so many already ready to bag this coin but it's just talking about possible scenario and this one is also possible, i think overall bitcoin hitting $10 is marks the end of cryptocurrency reigns, effectively, all other altcoin gone to dust and vanish.

[Webetcoins]

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.

So when other cryptos crash, it has to do with the economy? I bet no. They crash because they experience a problem. Some crises can indirectly affect BTC making its value fell or became stable because people might not have a money on them and the only solution they can think of is their BTC but it does not lead to a point where BTC fall that low. I think that is because the crises are already solved.

People does not sit and wait but they also do an action to speed up their recovery. Alts can sometimes depend on BTC but there are times where they can go on their own too. We already have a BTC and it gives us a freedom the way we use it a currency. If you mean freedom in terms of profits. well you will need to buy and hodl hard for that.

[Yamifoud]

let alone about the fate of altcoins, i think so many people out there are gonna be homeless, many company are gonna go bankrupt because many right now are diversifying their portfolio heavily in bitcoin so it losing its value to the point that there's only 10 dollars left would be massive disaster. it's gonna be the same if stock market are having heavy decrease in value.

But don't ever think that will happen to the investors because they surely leave the marker before it happens. So, if ever the price of Bitcoin drops to its dying price, we also have nothing to expect from altcoins (any from them) to survive as people had dumped it already until the come has come that nobody is buying anymore.

But it was just a sort of market assumption, it can be right or wrong. We never know what really awaits us in the future, 10 years, 20 years from now, perhaps we don't have any clue about it.

[Abiky]

BTC dead altcoin dead. BTC up altcoin makes only slightly movement. All of altcoins may be dumped to the all time low. Bitcoin is the key for altcoin to increase, if bitcoin is failing to increase and altcoin will be following it too.
I meant we must also aware about how strong bitcoin right now. Impossible for btc to be dumped so hard.

BTC has come a long way since day one. You can't expect it to lose value overnight. $10 is way too low for a scarce cryptocurrency such as BTC. If that happens, it would mean people have abandoned the cryptocurrency for good. So far, there hasn't been any indication that mainstream adoption for BTC is declining. On the contrary, adoption is on the rise even during these times of crisis (COVID-19 pandemic, inflation, Russo-Ukraine war, etc).

I'm pretty sure BTC will reach a new ATH in a few years from now. Since altcoins follow BTC's "footsteps", they will lose value big time if the "King of Crypto" goes all the way down to $10. But again, that will never happen because of the reasons mentioned before. Let's all sit back and enjoy the ride as BTC sets course to take over the world. Just my thoughts

[carlfebz2]

BTC dead altcoin dead. BTC up altcoin makes only slightly movement. All of altcoins may be dumped to the all time low. Bitcoin is the key for altcoin to increase, if bitcoin is failing to increase and altcoin will be following it too.
I meant we must also aware about how strong bitcoin right now. Impossible for btc to be dumped so hard.

BTC has come a long way since day one. You can't expect it to lose value overnight. $10 is way too low for a scarce cryptocurrency such as BTC. If that happens, it would mean people have abandoned the cryptocurrency for good. So far, there hasn't been any indication that mainstream adoption for BTC is declining. On the contrary, adoption is on the rise even during these times of crisis (COVID-19 pandemic, inflation, Russo-Ukraine war, etc).

I'm pretty sure BTC will reach a new ATH in a few years from now. Since altcoins follow BTC's "footsteps", they will lose value big time if the "King of Crypto" goes all the way down to $10. But again, that will never happen because of the reasons mentioned before. Let's all sit back and enjoy the ride as BTC sets course to take over the world. Just my thoughts

For have some assumption then it would be understandable that it would really be having that free fall on that case if ever it would happen but as just said its been that close to impossible for it to happen unless if t there would be some huge major exploit on bitcoins chain on which transactions could be reversed or something that in connection about its anonymity or decentralization then it would really crash to the ground.

People's confidence towards it would really be wiped out but of course we do know that if there's something been kicked out in place then there's always that someone or something who would really be taking the
spot or position. In according to the trend if this happens about 10 bucks per btc then all altcoins would be crashing, just like i said earlier that confidence and trust to the market
would be totally devastated on which it would be coming to a point that crypto market would be a shithole.

Well, i cant just comprehend if ever this thing do happens, lets just accept on whats the reality we are facing now.

[Sebas.tian]

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?

Don't forget that whenever the price of Bitcoin is dropping other altcoins price will be dropping too, which many traders are aware of that and it will be difficult for the price of altcoins to increase higher more than Bitcoin. I don't think, it will be possible for the price of Bitcoin to decrease to $10,000 because the price has increased to $28,321 few hours ago which there is a hope that the price will increase higher in this season to hit $40,000 before the end of next month. If you are part of those traders waiting for the price to drop down to $10,000 before they can buy, I think it will be difficult for them to see such opportunity in the market again.

[tygeade]

let alone about the fate of altcoins, i think so many people out there are gonna be homeless, many company are gonna go bankrupt because many right now are diversifying their portfolio heavily in bitcoin so it losing its value to the point that there's only 10 dollars left would be massive disaster. it's gonna be the same if stock market are having heavy decrease in value.

But don't ever think that will happen to the investors because they surely leave the marker before it happens. So, if ever the price of Bitcoin drops to its dying price, we also have nothing to expect from altcoins (any from them) to survive as people had dumped it already until the come has come that nobody is buying anymore.

But it was just a sort of market assumption, it can be right or wrong. We never know what really awaits us in the future, 10 years, 20 years from now, perhaps we don't have any clue about it.

I think looking at the past, we can say that the future doesn't really hold 10 bucks, it could go up and I have no idea how much so I agree that we do not know what will happen, but I do not think that it will go down. We are not aware of how much it can go up but at least be aware that it will go up, that part is true and doable.

I am definitely looking into it like it is going to be an easy issue or a hard one, but at the same time it will take a while before it could go higher and hard. This is why it is important to make a deduction from this, it should not be that difficult. I believe that we could probably reach to a level where it may take some time to reach six digits, but that is the direction I think we are taking at the moment.