I would really, really love to see this happen but I don't believe that
all of an alliance's supers would be destroyed in a single fight, there will probably be a trickle of supers that did not log in or could escape and you have to hope that the little bit you have left would be enough to shoot/hug pos/bridge you around during favorable tz hours or hide behind jammers until you can buy/build enough supers, or kill enough dumb supers solo (totally possible) to fight again.
Goons during the siege of VFK and the surrounding area have proven that you don't need a gigantic superfleet to fight a defensive war, which is what the war would most likely turn into after the loss of an entire superfleet. And the tech coalition has enough subcap-fleet members to make it interesting, if they stick together.
It's harder for a coalition like Raiden because they purchase most(?) of their supers off of eve-o and prices would spike to hell. If you have a large, distributed supercap-building contingent in your coalition you can rebuild from a partial-welp cheaper.
But to answer your question, everyone who lost a super would quit the game from the shame of having lost a super, they would probably failcascade and eve would become boring.

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