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Topic: Bitcoin and Altcoin (Read 1264 times)

full member
Activity: 266
Merit: 122
August 20, 2017, 10:23:45 PM
#48
 Bitcoin is the first cryptocurrency while altcoins happens to be developed and presented in the market to divert the demand of bitcoin because of the limitations in the supply of bitcoin circulating in our market.
sr. member
Activity: 574
Merit: 250
August 20, 2017, 09:32:19 PM
#47
What is the common difference between bitcoin and altcoin ?
Bitcoin is the father, altcoins are its sons and daughters.That's the relationship between them .
Yeah right as you say that Bitcoin and Altcoin are like a father and their child is very fond of family.
full member
Activity: 238
Merit: 100
August 20, 2017, 09:15:45 PM
#46
What is the common difference between bitcoin and altcoin ?

Theres an basic and very common difference in altcoin and bitcoin.First their are both Cryptocurrencies and both of these were known in crypto world but the difference of them bitcoin has the higher amount while altcoin is next to bitcoin.And Bitcoin is compared as gold.Just like the Dollar in National universal currency the Bitcoin is the Universal currency in cryptocurrency.
sr. member
Activity: 1400
Merit: 273
August 20, 2017, 09:00:08 PM
#45
What is the common difference between bitcoin and altcoin ?

It is better to ask for the difference between bitcoin and a specific altcoin. Because altcoins have different uses. But in general, altcoins are different from bitcoin and are called as alternate because they are just following the overall model of bitcoin. They are following the footsteps of bitcoin in other words.
newbie
Activity: 35
Merit: 0
August 20, 2017, 07:54:10 PM
#44
A king and his children can not afford to miss any BTC or ALTcoin
newbie
Activity: 8
Merit: 0
August 20, 2017, 07:35:22 PM
#43
If you join the bitcoin market then you can not ignore bitcoin or altcoin both very important
sr. member
Activity: 462
Merit: 250
August 20, 2017, 05:12:35 PM
#42
Bitcoin and altcoins has the same difference as Google and Yahoo.

Bitcoin has became a synonym to cryptocurrencies. For most of the people, cryptocurrencies mean Bitcoin. Anyone who enters the cryptocurrency market usually always starts with Bitcoin and through that they enter altcoin market. Opposite is a rare a case. Altcoin as the name suggests are just other coins.
Even with the example you put of both search engines none of the ones you mention could be BTC because according to history there were others search engines before of both,the two could  be altcoins in the example,but I still think the story here is something different between both things among which is the comparison.
newbie
Activity: 7
Merit: 0
August 20, 2017, 09:04:59 AM
#41
Bitcoins is gold on crypto currency

altcoin is altenative coin, but some investor support altcoin, because their inovation and technology
sr. member
Activity: 402
Merit: 250
August 20, 2017, 08:52:25 AM
#40
What is the common difference between bitcoin and altcoin ?

Bitcoin is first and famous cryptocurrency, they used sha256 as algorithm. Altcoin is other coin than bitcoin because nowadays bitcoin as standard pair for cryptocurrency, they have various algorithm and mechanism. So if any new coin launched people will also called it as altcoin
Very good explanation,,so If the new coin is always called alticoin, will it be called bitcoin as well?
i don't think so... it is still alternate coin, and that is why it is called ALTERNATE coin because of the reason stated above, but you can sell it to convert into bitcoin. the difference is not only the name of its coin, but its function and uses, and much more is that they par lower than bitcoin's price, there are also alt coins existed that almost within the price of bitcoin but it still varies to the price of bitcoin.
member
Activity: 70
Merit: 10
August 20, 2017, 08:36:07 AM
#39
What is the common difference between bitcoin and altcoin ?

Bitcoin is first and famous cryptocurrency, they used sha256 as algorithm. Altcoin is other coin than bitcoin because nowadays bitcoin as standard pair for cryptocurrency, they have various algorithm and mechanism. So if any new coin launched people will also called it as altcoin
Very good explanation,,so If the new coin is always called alticoin, will it be called bitcoin as well?
sr. member
Activity: 644
Merit: 250
August 20, 2017, 08:14:33 AM
#38
Bitcoin and altcoins have the same difference as Google and Yahoo.

Bitcoin has became a synonym to cryptocurrencies. For most of the people, cryptocurrencies mean Bitcoin. Anyone who enters the cryptocurrency market usually always starts with Bitcoin and through that they enter altcoin market. Opposite is a rare a case. Altcoin as the name suggests are just other coins.
sr. member
Activity: 882
Merit: 326
August 20, 2017, 08:14:27 AM
#37
The terms I can give are altecoin as the goods and bitcoin as the money. That's the unum picture of my opinion. If there is no bitcoin and altecoin then bitkoin is also useless.
newbie
Activity: 38
Merit: 0
August 20, 2017, 08:00:30 AM
#36
What is the common difference between bitcoin and altcoin ?

as others have posted: bitcoin was the first coin and it is still the biggest coin there is, so other coins were just called alt coins because they were an alternative but not as big as bitcoin
hero member
Activity: 1484
Merit: 597
Bitcoin makes the world go 🔃
August 20, 2017, 07:40:22 AM
#35
Well Bitcoin is the very first crytocurrency ever created and is the most known out of all the cryptocurrencies while Altcoins are alternate coins created after bitcoin. Both are good and have different objectives but they are great if they work in harmony. You can't appreciate Bitcoin without an altcoin and you can't appreciate an Altcoin if you don't have bitcoins or haven't tried bitcoin to save or hodled.
Alt were created to do task btc sometimes fails to do. Like when it's too expensive there are alts that can be a substitute for that transaction.example in investing ICo, in playing gambling.
member
Activity: 75
Merit: 10
August 20, 2017, 06:32:37 AM
#34
Bitcoin is the first cryptocurrency, altcoins are alternative coins
hero member
Activity: 868
Merit: 506
August 20, 2017, 06:14:27 AM
#33
Well Bitcoin is the very first crytocurrency ever created and is the most known out of all the cryptocurrencies while Altcoins are alternate coins created after bitcoin. Both are good and have different objectives but they are great if they work in harmony. You can't appreciate Bitcoin without an altcoin and you can't appreciate an Altcoin if you don't have bitcoins or haven't tried bitcoin to save or hodled.
full member
Activity: 350
Merit: 108
August 20, 2017, 05:25:52 AM
#32
What is the common difference between bitcoin and altcoin ?
Bitcoin is not the first coin available, but the first recognizable in the world, using SHA256 as its algorithm.
Outside bitcoin is called an alternative coin or altcoin.
Why is it different? Because altcoin his glasses in bitcoin to determine the value of his coin.
Whatever the coin, how to mine it remains the same, destroy the blocks to get the rewards. Smiley
full member
Activity: 335
Merit: 101
Need Bounty Manager?Hire me on telegram @asma500
August 20, 2017, 01:55:41 AM
#31
Bitcoin is the best.the main cryptocurrency is bitcoin.altcoin is good but not like bitcoin.
sr. member
Activity: 357
Merit: 250
August 20, 2017, 01:43:15 AM
#30
bitcoins is a digital currency , it is like the king of all digital currencies as its value is highest among all of them , almost all the altcoins where made after seeing the success of bitoins , bitcoin has a big community behind it .
people use BITCOINS   to buy ALT COINS as an asset to benefit them in future ,
people trust altcoins as they did on bitcoins as an investment .
most of the altcoin users are/where bitcoin users first .there are altcoins like ethereum which may grow up to challenge bitcoins with new and enhanced avantages but for now bitcoins rule the digital currency era with its huge value crossing $4000 and great advantages .  
sr. member
Activity: 2296
Merit: 360
August 19, 2017, 11:59:12 PM
#29
What is the common difference between bitcoin and altcoin ?
Common difference? Well the thing comes to my mind is their value. They do really differ on that way and 2nd is that Bitcoin is the first cryptocurrency and all coins after it is just an altcoin. Even though there are lots of altcoin in the market we can still see potential coins which would possibly surpass bitcoins value on upcoming years but well this would depend if community would adopt it or decide to switch back.
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