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Topic: Bitcoin and altcoins - page 2. (Read 763 times)

newbie
Activity: 34
Merit: 0
November 27, 2017, 09:51:32 AM
#31
If you say altcoins (alternative coins) you are referring to all cryptocurrencies other than Bitcoin because it is the main cryptocurrency. There are now thousands of altcoin already existed and if we discuss here the difference of every single altcoins to Bitcoin it will take long before we finish discussing it here. Some altcoins are very similar to Bitcoin the only difference is they improve Bitcoin issues that are unresolved by core developers and create new coins, like forked coins. The other differences of some altcoins and Bitcoin are the specs it uses like algorithms (Ex. SHA256, Ethash, Equihash), block size, block interval, difficulty adjustment and total supply.
hero member
Activity: 910
Merit: 512
November 27, 2017, 09:40:57 AM
#30
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
There are lot of similarities and dissimilarities amongst them. First thing which is common in both of them is that both are crypto currencies.

Other than this, you can use either of them for having a very good amount of earnings. As far as dissimilarities are concerned, the basic difference in between both of them is that you use bitcoin for long term investment while altcoin is primarily used only for day trading and short term investment.


member
Activity: 332
Merit: 11
November 26, 2017, 11:19:46 AM
#29
The difference between bitcoin and altcoin does not exist, only bitcoin is the first coin created, whereas altcoin is an alternative coin, just another name of coin, such as eth, ripple and others.
member
Activity: 287
Merit: 10
November 22, 2017, 04:46:15 AM
#28
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

Altcoin is an alternative coin that means the currency that differs from Bitcoin invented in 2009. Anyone can create a new crypto currency (alts), but here public recognition is needed. Bitcoin is a King of cryptomarket, but transactions with it are slower. However, this source will give you the best information:
https://www.quora.com/What-is-the-difference-between-altcoins-and-bitcoins
full member
Activity: 364
Merit: 101
November 21, 2017, 09:10:09 PM
#27
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

Hi. Welcome to the crypto world. Firstly, bitcoin is the pioneer of cryptocurrency. Basically, without bitcoin, the other cryptos would've not exist. It is brainheaded by Mr. Satoshi therefore every bit of btc is called satoshi. For altcoins, they are the coins created after bitcoin. All other crypto currency that is not bitcoin is called altcoin.
sr. member
Activity: 756
Merit: 251
November 21, 2017, 09:07:50 PM
#26
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

The entire world of cryptocurrency is divided into two classifications. On the one hand, there is Bitcoin and on the other hand there are alternate cryptocurrencies. The difference is simple and very elementary. Bitcoin is the only Bitcoin. The rest are alternate cryptocurrencies or altcoins. That includes Bitcoin Cash, Bitcoin Gold, Ethereum, Waves, Lisk, Monero, and so many others. We are having more than a thousand altcoins already. Many of these are shitcoins.
hero member
Activity: 2870
Merit: 594
November 21, 2017, 08:59:54 PM
#25
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin and altcoin both are cryptocurrency. But Bitcoin is a first invented cryptocurrency. Other cryptocurrency are altcoins. In digital market Bitcoin is high valuable currency. Because all the miners are access in Bitcoin. But altcoins are some of miners only accessing. So cost of variation is depending on competitors demand. Both are useful in current market. But profit is depends on coin value basis.

There are other 'pre-dated' cryptocurrency before bitcoin. But bitcoin literally took the world by storm and become the mother of all crypto's.

As far as altcoin (alternative coin) and anything not bitcoin is called altcoin. Altcoin exist because they either want to replace bitcoin (highly unlikely to happen) or improved one of bitcoin's design flaw (high transaction fee, slow confirmation time).

hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
November 21, 2017, 08:41:02 PM
#24
Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin and altcoin both are cryptocurrency. But Bitcoin is a first invented cryptocurrency. Other cryptocurrency are altcoins. In digital market Bitcoin is high valuable currency. Because all the miners are access in Bitcoin. But altcoins are some of miners only accessing. So cost of variation is depending on competitors demand. Both are useful in current market. But profit is depends on coin value basis.
full member
Activity: 133
Merit: 100
BELUGA PAY. Complete Mobile Point of Sale System
November 21, 2017, 04:16:28 PM
#23
Bitcoin is the father of all cryptocurrencies. All other cryptocurrency is an altcoin (Alternate cryptocurrency or bitcoin alternative).
sr. member
Activity: 308
Merit: 250
November 21, 2017, 03:31:52 PM
#22
bitcoinis the 1st coin used blockchain,With new data interpretation methods, Blockchain is used in many spheres, including finance, real estate, medicine, science, travelling, public services and etc. The ability to use distributed nodes and store huge amounts of data is changing the self-improvement industry as well. New technologies will help people achieving their goals in personal development easily and without any fraud.
hero member
Activity: 722
Merit: 501
November 21, 2017, 03:26:19 PM
#21
Hello my friend bitcoin is a coin an original one and altcoins most of them are tokens they can not be mined.
full member
Activity: 420
Merit: 106
November 21, 2017, 03:21:46 PM
#20
Well if you want to know the difference between bitcoin and the other alt coins, Bitcoin is the original cryptocurrency which has gotten very successful with gaining alot of popularity and its price has kept on increasing(currently crossing 8k).After seeing bitcoin being such a huge success alot of different people started their own coins like bitcoins expecting its price to increase as bitcoin's did and to be successful. They usually differ by some features.
legendary
Activity: 1638
Merit: 1046
November 21, 2017, 12:58:44 PM
#19
I think they are the same cryptocurrency but there are a lots of differences bitcoin is the main crypto that almost business online are accepting bitcoin as payment unlike altcoin that only few company are accepting it and mostly they are just use it for trading purposes..
Altcoin could also alternative since it has own value you can exchange it or use to buy something online depends if its accepted..
You can mine altcoin with computers CPU and GPU unlike bitcoin that you need to buy hardware like antminer s9 to mine bitcoin..
member
Activity: 88
Merit: 10
November 21, 2017, 12:14:55 PM
#18
you can think of Bitcoin as the first coin out there. It was basically the first coin that started using the blockchain, which is the technology that all coins on the crypto market are based on. Due to that, the fact that BTC has been the first, it has seen the biggest adoption from users and that's the reason why it has the highest dominance in the market. BTC is valued at about 120 billion at the moment and has about half the market share of all crypto's! That's quite something! Altcoins is anything else. Whenever you hear altcoin it's a coin that is not BTC essentially, since there can only be one Bitcoin and any other coin besides that is just an "alternative" or otherwise "Altcoin". Don't let that confuse you though, altcoins have just as much potential as BTC does and time will show that.
full member
Activity: 420
Merit: 100
November 21, 2017, 12:09:31 PM
#17
Bitcoin is the reference because it is the first coin. And the others coins are considered like some altcoin (alternative coin). Today, people consider bitcoin like a gold in the crypto currency world. Btc is the most reliable and the most stable (always in the crypto world) coin. But You must consider the big altcoin and the others.
I wait which coin will counterbalance a little the strength of bitcoin. It’s not good that the bitcoin are alone like that.
The market cap of btc = 118 Bln
and the second ethereum = only 30
copper member
Activity: 798
Merit: 250
November 21, 2017, 12:01:56 PM
#16
Bitcoin is the main cryptocurrency and coins/tokens that launch after bitcoin is known as altcoin. Bitcoin as the main coin because those altcoins mostly used bitcoin as a benchmark of exchange rates against altcoin.
full member
Activity: 168
Merit: 101
November 21, 2017, 11:34:03 AM
#15
In addition, all coin are called cryptocurrency but bitcoin been first and the others are called alternative coin (altcoin)
full member
Activity: 574
Merit: 100
November 21, 2017, 11:11:21 AM
#14
The only similarity between the two is they are both cryptocurrencies. And altcoins are any cryptocurrency that is not bitcoin.
sr. member
Activity: 350
Merit: 250
November 21, 2017, 09:43:47 AM
#13
Bitcoin is a virtual currency that was created in 2009 by an unknown computer whizz or organisation using the alias Satoshi Nakamoto.
An altcoin is any digital cryptocurrency similar to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used describe any cryptocurrency that is not a Bitcoin. ... Most popular altcoins use the same fundamental building blocks as Bitcoin.

I don't think in the same way with you. If you mean ltc here as the blocks as bitcoin, it's wrong. Ltc was a bitcoin fork at old days, but it's now totally a different thing. We can create stable environment for altcoin without bitcoin.
sr. member
Activity: 434
Merit: 250
November 21, 2017, 09:29:21 AM
#12
Bitcoin is first cyrpto currency coin
And altcoins are removed after bitcoin
But i don't think about Ethereum isn't like an other altcoins
Ethereum and Bitcoin are opponent.
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