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Topic: Bitcoin and altcoins (Read 776 times)

hero member
Activity: 2716
Merit: 904
November 27, 2017, 07:15:11 PM
#51
This is all a cryptocurrencies or digital currencies, bitcoin is the parent of all the cryptos with a fix or limited stock and altcoins is a modified code from the source code of bitcoin with upgraded version and has unlimited stocks depending on the creator.
hero member
Activity: 2660
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November 27, 2017, 05:33:52 PM
#50
in my opinion bitcoin is first digital crypto currency and altcoin (alternative coins) is coins arise after bitcoin. its like bitcoin is mother of altcoins, for more details you can search in google or watch video in youtube.
Yes, bitcoin is the mother of all crypto currency and it also first ever digital currency to be created. But all alternative coin creator/owner copy or edit the bitcoin protocol network to create their own coin.
Bitcoin is the strongest and originator of crypto currency this the reason why bitcoin stand out.
member
Activity: 213
Merit: 10
November 27, 2017, 01:43:37 PM
#49
Actually both are on their own places in the context of market value. Bitcoin grows very fastly as seen in the market value whereas Altcoin is a slow and steady concept of coin but alt coin's value definately increases which also brings a great profit to the users.
full member
Activity: 182
Merit: 120
November 27, 2017, 01:33:59 PM
#48
Bitcoin is the first ever and leading cryptocurrency i n the world, it is the pioneer in the industry and the ine that set the standards while altcoin or alternative coin is simply the other coins that exist in the market aside from btc. Altcoin is another fo of cryptocurrency, most of the idea starts from btc and just differentiate it thru integrating and improving some btc. However those altcoin stays in the market alin just a short time. Most of it is called a  pump and dump coins, meaning it go high and suddenly fall down and gone. For me, btc is still the best and leading amongst any other crypto.
hero member
Activity: 2632
Merit: 833
November 27, 2017, 11:07:55 AM
#47
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

Bitcoin is the pioneer. Altcoins are alternative coins

Wow. Your comment make sense.

Bitcoin has been designed as a P2P, meaning we don't need third party to transact with one another. Thus eliminating banks or any third party. This is the reason why many people find bitcoin as a good alternative. Also as P2P, it is being used for doing micro payments. However, with the high cost of transaction, I tend to inclined that this purpose no longer serves as today that's why mass adoption is very slow up to now.

As for altcoins, some of them is a fork of bitcoin, i.e. bitcoin cash although have some improvement, still lagging in the popularity of bitcoin. While other altcoins has smart contracts like ETH and faster confirmation time, it didn't enjoy the support because bitcoin remains popular as ever even it has problems like slow confirmation and high tx fees. Nothing beats the first.
member
Activity: 182
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November 27, 2017, 11:01:04 AM
#46
Bitcoins and altcoins is a cryptocurrency and it was made to have decentralized currency in the world where you dont have to pay taxes and be tracked by the government,Bitcoin is the foundation of all the alts today the alts are the cryptocurrencies other than bitcoin itself.
Very informative for a newbie like me,so this is why BTC is being banned in some countries?
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November 27, 2017, 10:59:15 AM
#45
Bitcoins and altcoins is a cryptocurrency and it was made to have decentralized currency in the world where you dont have to pay taxes and be tracked by the government,Bitcoin is the foundation of all the alts today the alts are the cryptocurrencies other than bitcoin itself.
member
Activity: 322
Merit: 10
November 27, 2017, 10:56:03 AM
#44
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

Bitcoin is the pioneer. Altcoins are alternative coins
full member
Activity: 784
Merit: 123
November 27, 2017, 10:48:52 AM
#43
many explanations about this. for me both are almost the same. bitcoin is the first digital currency and altcoin is used as an alternative coin other than bitcoin as digital currency.
Truly it is, they are both digital currency but of different purposes. Bitcoin is widely known and used by the community since it was created first and the next coins created will considered as alternative coins in the absence of bitcoin in the market. Both of them are convertible to each each other, including into fiat money(USD). And when it comes into popularity, bitcoin will be on top among crypto currencies.
member
Activity: 266
Merit: 15
November 27, 2017, 10:35:45 AM
#42
Bitcoin is the first block chain technology to use if you want to know more details on the wiki. Altcoin is generally referred to as bitcoin, ie eth, dash, litecoin, xpr ... are generally called altcoin.
sr. member
Activity: 1008
Merit: 308
November 27, 2017, 10:32:46 AM
#41
in my opinion bitcoin is first digital crypto currency and altcoin (alternative coins) is coins arise after bitcoin. its like bitcoin is mother of altcoins, for more details you can search in google or watch video in youtube.
full member
Activity: 450
Merit: 100
November 27, 2017, 10:09:28 AM
#40
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin is the mother coin of alt coin. Without the bitcoin, alt coins did not exist. But it is true that Bitcoin also has some more coins. AIMS and 42-Coin
full member
Activity: 783
Merit: 100
November 27, 2017, 09:48:05 AM
#39
bitcoin and altcoin are equally advantageous in price. teapi altcoin has more variants and prices whereas bitcoin has only a few. but bitcoin has the strongest price in cryptocurrency is currently very suitable to be invested for the short term.
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November 27, 2017, 09:45:59 AM
#38
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full member
Activity: 630
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November 27, 2017, 09:25:01 AM
#37
Bitcoins and Alternate coins are two different things but all of them are part of something we call cryptocurrency. Cryptocurrency is becoming a thread right now and might be revolutionized in the future because it is such a great invention that might help us have electronic money to carry in the future instead of carrying cash. Bitcoins are very famous right now so they depend the price of other altcoins from it.
member
Activity: 840
Merit: 40
November 27, 2017, 09:19:45 AM
#36
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin is the name of a coin which is the first crypto currency.  After popularity of bitcoin so many coins introduced are called Altcoin.
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November 27, 2017, 09:16:13 AM
#35
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
many notions of bitcoin and altcoin, I can simply say that altcoin and bitcoin support each other. and it can be assumed that bitcoin = parent and altcoin = child.
sr. member
Activity: 504
Merit: 250
November 27, 2017, 09:15:54 AM
#34
You should do your own research and read a lot in this forum so you would know what Bitcoin and Altcoin difference is. I am pretty sure you also don't know what its purpose is.
full member
Activity: 443
Merit: 100
November 27, 2017, 09:14:06 AM
#33
bitcoin is the parent coin or arguably the main coin in this bitcoin forum.
whereas altcoin is an alternative coin that can be exchanged with bitcoin or vice versa. it is like me if there is a mistake reasonable because I am also still in the learning stage.
legendary
Activity: 1526
Merit: 1001
November 27, 2017, 09:03:02 AM
#32
Bitcoin and altcoins are same, just Bitcoin is the first cryptocurrency. Altcoins are alternatives of bitcoins, difference between them are just projects every coin has different projects.
Yes bitcoin is the pioneer of digital currency and altcoin is a form of alternative digital currency. Just as in the world that bitcoins like us dollars and altcoins are the yen. Bitcoin until now has always been a benchmark for all digital currencies in the world, but it could be someday there will be altcoin that can compete with bitcoin. It took a very long time, but if viewed at this time then bitcoincash and etherum can be a competitor who began to approach the popularity of bitcoin.
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