How can you compare altcoin and bitcoin? - page 3.

Bokugo

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Quote from: 13abyknight on April 16, 2018, 07:08:40 AM

Might seem to you that Bitcoin and altcoins are completely separate things but they're linked to each other in a inseparable way. Upon watching the altcoins markets closely, one can realise that it follows Bitcoin markets price trends for most of the part. And, let us not forget if there was no Bitcoin, there would be no altcoins.

The opinion that altcoins is a tool that facilitates the gain of bitcoin, because after all it all boils down
to the sale of altcoin and buy bitcoin.
Because we know that btc disisni is the main role, with the btc is the creation of other altcoin,
and here btc is the parent of all these crypto coins greatly affect each other...

keycellko

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Bitcoin is universal. It can be used at anything. You can use it to pay someone your debt or you can buy food at kfc or buy things at amazon. It's more of a universal currency. Altcoins on the other hand is purpose based. For example there are altcoins that are used for gambling or tipcoin or utility or even charity.

13abyknight

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Might seem to you that Bitcoin and altcoins are completely separate things but they're linked to each other in a inseparable way. Upon watching the altcoins markets closely, one can realise that it follows Bitcoin markets price trends for most of the part. And, let us not forget if there was no Bitcoin, there would be no altcoins.

chenjkai

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Of course, it is not right to compare them, yet we can look at their options and compare them, like piece by piece. Definitely, we cannot compare anything that is not divided into articles and features. We can see how they are liken, when it has been already cut down into them.

Maleficar

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I think that people who ask whether to choose alts or bitcoin think that crypto is about making money only. they are not interested in technology and its development at all. So they choose which coin can bring them more profit.

PsylockReborn

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Quote from: NikoF on April 14, 2018, 01:52:26 PM

Hello guys, what do you think, is it possible to compare altcoin and bitcoin? In my opinion it is kind of stupid to compare this crypto currencies, because altcoins and bitcoins are different. Bitcoin has its own benefits, altcoins have got their own benefits, they have got different blockchains, they have different way of use and so on. I just can’t understand people who make topics like: “Altcoins or Bitcoin?”. So what’s your opinion?

You can compare Bitcoin to altcoins with regards to their functions and usage. Nowadays, since bitcoin's value is so high it's function as a currency wasn't really used instead as a store of value. Despite the success of bitcoin as a store of value there are still lots of flaws about it being a currency so altcoins were made to correct those flaws that bitcoin has. There are lots of promising altcoins in the market that function or do better than bitcoin when it comes to the main purpose as a currency. We have Eth which has faster and lower fees when transacting than bitcoin do and many more.

The birth of these altcoins is because of the services and some functionalities that bitcoin can't offer so it's not that its stupid to compare because every altcoin is somehow or somewhat relative to bitcoin because they are nothing without bitcoin and the term altcoin won't even exist.

arienna23

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Bitcoins are pioneers. The code and concept of bitcoins was created first. All the other altcoins have taken the same open source code of bitcoins and made changes in it for improvements or addition of features.

Jiyens3

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Quote from: NikoF on April 14, 2018, 01:52:26 PM

Hello guys, what do you think, is it possible to compare altcoin and bitcoin? In my opinion it is kind of stupid to compare this crypto currencies, because altcoins and bitcoins are different. Bitcoin has its own benefits, altcoins have got their own benefits, they have got different blockchains, they have different way of use and so on. I just can’t understand people who make topics like: “Altcoins or Bitcoin?”. So what’s your opinion?

I compare Altcoin and Bitcoin through development. because when viewed in terms of the best price Bitcoin the best. but when the development, Altcoin many who have developed beyond Bitcoin.

Regar

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yes, i just figure it out like why it is also separated on different identity like Bitcoin and ALTcoin, so i think bitcoin and altcoin are really different tools in cryptocurrencies, i agreed if bitcoin and alt can't compare, i might said if bitcoin are gold and altcoin are money, sort of like that i think.

btcluisdiki

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Quote from: raahi on April 15, 2018, 07:34:30 PM

It's not possible to compare bitcoin with Altcoins because bitcoin is king and till now no coin has come which can beat bitcoin. So comparing bitcoin with altcoins is not a good thing.

I would say that bitcoin is the most valuable cryptocurrency in the world where it should not be compared with altcoins since these coins are just starting to explore in the crypto market. Most of the altcoins were mainly dependent on the bitcoin market performance. If bitcoin goes up, altcoins will later follow and this is my observation everytime it happens.

raahi

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It's not possible to compare bitcoin with Altcoins because bitcoin is king and till now no coin has come which can beat bitcoin. So comparing bitcoin with altcoins is not a good thing.

Creating N Action

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Based on what I have learned , Bitcoin and altcoin are both cryptocurrency wherein many people tends to use these two coin. Bitcoin and altcoin are the same in appearance, both are digital cryptocurrency. The difference between the two is that bitcoin is the king of all cryptocurrency while the altcoin follow the BTC and oTher coin like ethereum and such. BTC is the first coin that has been created or can be called as the pioneer coin. Actually, BTC is the center of all coin and other coin is connected to the BTC. And we all know that BTC are the most valuable than rest of all coin.

toolsmans

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totally agree with you. these are different things. the only thing that unites them is that all these are crypto-currencies. but it's like comparing a tractor and a cow, because all this is farming.

macchiato

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Bitcoin is the pioneer coin. It is the first coin who gained popularity among crypto users. Alternative coins are forks of bitcoin. They followed the steps of bitcoin which caused their prices to be affected and influenced greatly by bitcoin.

nawosecad68

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Bitcoin and altcoin are different, I myself am studying them. But what I noticed, bitcoin can be analogous to the parent crypto and altcoin being the one to nurture it even though many are not that way. Bitcoin is more likely to be a long-term investment asset while altcoin for the short term.

makishart

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Quote from: NikoF on April 14, 2018, 01:52:26 PM

Hello guys, what do you think, is it possible to compare altcoin and bitcoin? In my opinion it is kind of stupid to compare this crypto currencies, because altcoins and bitcoins are different. Bitcoin has its own benefits, altcoins have got their own benefits, they have got different blockchains, they have different way of use and so on. I just can’t understand people who make topics like: “Altcoins or Bitcoin?”. So what’s your opinion?

Altcoins were fork of bitcoin just like litecoin is a lite coin from bitcoin. In fact they have built from the bitcoin open source code but some smart person are modifying it to increase the complexity and capability to create a new token that compatible to be used on their own platform. Just like a mother for altcoin.

blockchainmarketus

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Bitcoin is the king coin and others are followers. All altcoins follow the bitcoin price. When the price up all coins up when btc down all coins are down too. That is why bitcoin is the king. BTC is still too strong to compete with. ETH and Bch try to compete with bitcoin but the fact they can't until now. New tokens from ICOs are nothing if they have good project and strong team.

hastag_80

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Quote from: NikoF on April 14, 2018, 01:52:26 PM

Hello guys, what do you think, is it possible to compare altcoin and bitcoin? In my opinion it is kind of stupid to compare this crypto currencies, because altcoins and bitcoins are different. Bitcoin has its own benefits, altcoins have got their own benefits, they have got different blockchains, they have different way of use and so on. I just can’t understand people who make topics like: “Altcoins or Bitcoin?”. So what’s your opinion?

Actualy in my own thought they are disame coins that can be use in the blockchain market and there main purpose is become a tradable and usable in crypto market as investment trading purposes,I thinks as you stated that they have different blockchain and different benefits, i thinks thats statements is irrelevant or ridiculous ,and the main purpose of this having different coins is to have a competition in bussiness in cryptocurrency world .

cryptospear

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Quote from: modtakels on April 14, 2018, 05:21:11 PM

Lets say bitcoin is the center of the universe which is the sun ,and those planets around it are the altcoins which is connected to one each other,SUN can survive without the help of the planets,but thees planets or altcoins wont survive without the help or existence of the SUN which is in this case is BITCOIN.That is the most simplest way to compare bitcoin and altcoins ,i hope you have learned enough!

Very well explained,bitcoin is indeed the center of the blockchain,and these altcoins are the planets that are circulating to bitcoin.If bitcoin has failed or the SUN has died,all of the altcoins will sooner or later going to fail too.Perfect example would be this! that is why bitcoin will always be the one who will rule the altcoins and no altcoin should replace bitcoin.

ichsan ardi

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Quote from: NikoF on April 14, 2018, 01:52:26 PM

Hello guys, what do you think, is it possible to compare altcoin and bitcoin? In my opinion it is kind of stupid to compare this crypto currencies, because altcoins and bitcoins are different. Bitcoin has its own benefits, altcoins have got their own benefits, they have got different blockchains, they have different way of use and so on. I just can’t understand people who make topics like: “Altcoins or Bitcoin?”. So what’s your opinion?

basicly altcoin and bitcoin is the same. than make this both coin different is, Btc is the first coin in cryptoworld and the system blockchain is a new system in that time. after that, people want make a compatitor for this coin. and then appear all of this altcoin like we know today with the new system and new ability but it doesnt can beat BTC.

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