Can you explain what is altcoin? - page 2.

dearbesz1219

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Quote from: Parasjain123 on October 15, 2016, 06:26:52 AM

What is altcoin can you explain in steps ?

Altcoin for me is a clone digital currency who copy paste the original digital currency which is Bitcoin. They will do the same procedure system like bitcoin but the difference only was the price value , and majority of them which is altcoin mostly got a low price only.

ricku

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★YoBit.Net★ 350+ Coins Exchange & Dice

In a simple explanations the word altcoin came into existence after bitcoin, litecoin and other early crypto have been created and the quest for people to further made their own coin and it means alternative coins.

darety1

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I'm really interested what will happen with the alternative coin in the future. I'm not sure that altcoin has future, bitcoin is more real, it already costs a lot. But it's too hard to get bitcoin and this is a great problem.

densuj

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The coins except bitcoins, usualy they be made for some aim are like, fixing weakness of bitcoins or offering new innovation in digital coins. But mostly altcoins be made just for taking profit by the developers, there are not clear aim about the coins and there are not fungtion of coins.

wintermeasures

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Quote from: Parasjain123 on October 15, 2016, 06:26:52 AM

What is altcoin can you explain in steps ?

Altcoin is a Digital Crypto Currency Like Bitcoin Which Can Be Bought And Sold and Also Can Be Traded On Many Trading Websites And Also We Can Make Profit By Buying Them at Low Prices and Selling Them at High Prices.....

Ber86

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a coin altenativa the bitcoin, usually with associated projects

blackhawk101

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There is the mighty US Dollar and then there are other little the alt-dollars, traded on Forex exchanges all over the place.

Spoetnik

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FUD Philanthropist™

Hey Fraudders here is some basic logic for you.

Bitcoin is a currency right ?
So....
What is an alternative to a currency ?

ANOTHER CURRENCY.

Pro Tip:
--> Google --> "Define: Alternative"
--> Google --> "Define: Currency"

Yup.

Hate to burst your little profiteer shitcoin scam scene bubble here but you are all full of shit.
You are trying to move the goal post and say that ANYTHING can be an Altcoin when it CAN NOT.
The term Altcoin is not all encompassing of anything traded at Poloniex kidiot Investards.

This is the exact type of topic i would post myself and you all would hide under your bed and it would get no replies and be on page 10 in an hour so i love that the OP played dumb and lured you dumb fucks into replying.. taking turns stuffing your greedy little feet in your mouth Grin

Consider your ass's raped by reality truth and logic.

Common sense is a bitch huh ? Cheesy

And.. in case anyone is curious ?
I have never logged into another account here and i never will.
So this topic creator is NOT me.

Untitled87

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Quote from: th3nolo on October 15, 2016, 06:45:14 PM

every cryptocurrency that have been launched after bitcoin, and if you search some popular altcoins like litecoin you will found the same definition.
ok but these altcoins have diferent features and purposes like dash, monero and the most popular eth.

basically that just means alternative = alt so any coin that not bitcoin

john2231

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Quote from: th3nolo on October 15, 2016, 06:45:14 PM

every cryptocurrency that have been launched after bitcoin, and if you search some popular altcoins like litecoin you will found the same definition.
ok but these altcoins have diferent features and purposes like dash, monero and the most popular eth.

I think almost late reply here are repeating the answers. almost next to bitcoins are altcoin those are have more advantage in bitcoin security or speed for every transaction but they are late because bitcoin is the first succeed cryptocurrency online. also bitcoin is growing and more stores online are accepting bitcoin just like brazil that has many stores locally that can accept bitcoin as payment..

th3nolo

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every cryptocurrency that have been launched after bitcoin, and if you search some popular altcoins like litecoin you will found the same definition.
ok but these altcoins have diferent features and purposes like dash, monero and the most popular eth.

PacePay

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The developers want their own currency to be successful like bitcoin and they want to have the control on the economy just like have bitcoin so they create their own cryptocurrency.

EnacDomains

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easy answer is any coin other than bitcoin. alt = alternate

ayesha sadiqa

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yes i think other coins beside Bitcoins are know as alt coins, as they are the copies of bitcoin, or we can say that the concept of all other coins arise after bitcoin and therefore they are know as alt coins.

crairezx20

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Thats why they are calling it altcoin because its alternative for bitcoins we can not change that since the first held are bitcoin after that altcoin are release.. like litecoins dogecoin monero. check coinmarketcap here https://coinmarketcap.com/
You can see almost all altcoin there topone is btc..

Spoetnik

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FUD Philanthropist™

I love this topic Cheesy

It corners all you bullshitting little frauds pushing ICO "scheme" coins

I seen a million guys say here Ethereum for example is not a currency ..and it's not !
And what does Altcoin mean ? uhhh ROFL

You idiots are trapped in your own retarded scammy greed ass bullshit by the OP .. and i love it.
Squirm profiteers Grin

..just because you trade it for profit on Poloniex does NOT make it a currency retards Roll Eyes

Shiroslullaby

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Any crypto coin besides Bitcoin.
Ethereum, Monero, Litecoin etc are the popular alt-coins,
then you have the hundreds of shitcoins that are mined, pumped and dumped on exchanges in some Ponzi schemes to defraud newbies of their Bitcoin.

sabbirshm

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I think this thread should be moved on "Beginner's & help".

Anyway, Altcoin is a crypto related coin which has been started after bitcoin get succeeded. Its like sons of bitcoin. They always consider as a alternative coin and they project themselves as if they are better than bitcoin.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: alnoor1231 on October 15, 2016, 09:08:46 AM

It's just an "Alternative" cryptocurrency. Literally any coin that isn't bitcoin is an "alt-coin"

this is correct. alt stands for alternative.

but what happens is that anybody who has some knowledge of programming (sometimes even minimal knowledge of a programming language) goes through the source code of others and choose one of them and then he will change a couple of lines and comes up with a new name that is sometimes not even worth calling "coin"

alnoor1231

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It's just an "Alternative" cryptocurrency. Literally any coin that isn't bitcoin is an "alt-coin"

Topic: Can you explain what is altcoin? - page 2. (Read 2280 times)