Relating this to cryptocurrency, if BTC who is the mother of Cryptocurrencies and who has gained extensive trust ceases to exist today, will altcoins flourish or will it make the people loose total interest in cryptocurrency.
Actually from what has happened so far, you can get what you ask for, when there is a correction against BTC, almost all altcoins will also experience a correction and tend to be larger, and that has been the case for years, Bitcoin will remain the strongest.