I'm new here,what is altcoin - page 2.

hwteeer

newbie

Activity: 112

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Quote from: witbla on July 02, 2020, 03:32:14 PM

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. And are there many solutions you can outline that follow your requirements? Curious to hear

witbla

newbie

Activity: 154

Merit: 0

Quote from: hwteeer on July 02, 2020, 03:31:29 PM

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

hwteeer

newbie

Activity: 112

Merit: 0

Quote from: witbla on July 02, 2020, 03:31:13 PM

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. I would say, mine is pretty rational and can help to find the most advanced solutions

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

witbla

newbie

Activity: 154

Merit: 0

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. I would say, mine is pretty rational and can help to find the most advanced solutions

giammangiato

legendary

Activity: 1862

Merit: 1327

Altcoins means alternative coins, and it is composite by all the coins that are not bitcoin. Some of these coins are very different from bitcoin for the tecnology and for bases and others are forks of projects. Sometimes happens that the same project takes two different directions.

Wenbing

member

Activity: 532

Merit: 36

There is gold in volatility..

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

Altcoins is a term that is used to refer to alternative cryptocurrency other than bitcoin. The bitcoin is the pioneer of cryptocurrency and its is usually grouped as indpendent while other form of coins such as litecoin, ethereum, Bitcoin cash, Stella etc are all grouped to be altcoins.

Ken_terrance

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Making Smart Money Work

Altcoins are other coins in crypto space meaning alternative coins, Bitcoin is the first of it's kind and every other that come later are alternative, that's what give birth to altcoins, it's just a short name to alternative coins

passwordnow

hero member

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Leading Crypto Sports Betting & Casino Platform

It is very simple. Bitcoin is like the highest breed of cryptocurrencies while the altcoins are next to it. No one will react violently for such questions if you are asking decently and you're better asking it if the research you do isn't enough. And if this is part of your research then that's a great start for you so that you'll excel your knowledge about altcoins and bitcoin. In altcoins, there are many categories that I have made for them. The good, the bad and the dying ones. The good are those at the top like Ethereum, Litecoin and so on, etc. The bad alts are those that are being used for pump and dumps and the dying ones, you know it from the word itself.

gaston castano

sr. member

Activity: 1526

Merit: 251

altcoin is a name for other coins besides bitcoin.whatever the coin is called altcoin doesn't care if it's a token or coin.
on average all altcoins have btc pairs when traded on the market.
and their value mostly affects the value of btc.
if btc goes up, alt follows and vice versa

emmaglory5

copper member

Activity: 134

Merit: 1

love to live honestly & try to be self-dependent

What Are Altcoins?

Altcoins are the other cryptocurrencies launched after the success of Bitcoin. Generally, they sell themselves as better alternatives to Bitcoin.

The term "altcoins" refers to all cryptocurrencies other than Bitcoin. As of early 2020, there were more than 5,000 cryptocurrencies by some estimates.

According to CoinMarketCap, altcoins accounted for over 34% of the total cryptocurrency market in February 2020.

zenthereum

newbie

Activity: 8

Merit: 1

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner

I don't think that people in this forum are savages and they will start abusing you for this question.

The thing you should know is that anything else besides Bitcoin is labeled as an altcoin. The reason is that probably they wouldn't exist if Bitcoin didn't exist.
To answer your question, most altcoins are an inferior imitation of Bitcoin. A few of them as Ethereum have managed to differentiate and create a use case that made them reach a higher valuation. The fact is that 99% of altcoins are going down to zero and won't ever make it. Taking into consideration all the use-cases cryptocurrencies might have I would say that a maximum of one hundred of them will be around after a few years. Consider that there are around 10,000 altcoins today.

NavI_027

full member

Activity: 1232

Merit: 186

Basically speaking, the rest of cryptocurrency present in the market aside from Bitcoin are so called altcoins. Therefore, Ethereum is not different, it is an altcoin as well.

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

Ill tempered members who are mad with so generic posts are existing so brace yourself lol. Anyway, next te try to search first since most of the fundamentals cam be googled easily. You're right! Knowledge is power and it is more rewarding if you discover it on your own, isn't it

.

studio1one

hero member

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Merit: 500

BintexFutures

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

All coins except bitcoin are considered to be an altcoin. If you want to read more about ETH and BTC check the links below.
https://en.bitcoin.it/wiki/Main_Page
https://ethereum.org/en/what-is-ethereum/

If you would like to buy altcoins then you will need an exchange I suggest you start with binance (lemme know if you need referal link you will get 10% off on trading).

joseyphil82

member

Activity: 742

Merit: 16

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

There is no need for violently reaction or hashy response, you are just asking questions and anyone who take this personal don't know what they are doing. Bitcoin is the first crypto coin as we know it so altcoin ( alternative coin ) means that any other coins that comes after Bitcoin, ethereum is an example of altcoin and other coins are all altcoins too

Vitalicus

full member

Activity: 467

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DIA | Data infrastructure for DeFi

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

Even though ethereum is ranked 2nd coinmarketcap, in my opinion ethereum is still altcoin. Coins or tokens are said to be altcoin because Bitcoin is a pioneer in the world of cryptocurrency and hereinafter referred to as altcoin. In my opinion, some altcoins have prospects because with the increasingly high price of Bitcoin, it makes investors interested in speculating on altcoin

This is what I think too! Altcoins (Alternate coins) are the coins besides Bitcoin. Bitcoin is considered as the main coin in this cryptocurrency market since it has been founded and developed very first. It doesn't mean we should only focus on BTC because all other altcoins have great potential of being increased. When the BTC value started to fluctuate not too much, traders tend to invest in altcoins to earn profits!

Python Master

copper member

Activity: 406

Merit: 1

I think the most acceptable meaning of altcoins is that they are all cryptocurrencies except, Bitcoin. Even though there is a coin will take over the 1st position of Bitcoin on Coinmarketcap ranking board, we still call it altcoin.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

Even though ethereum is ranked 2nd coinmarketcap, in my opinion ethereum is still altcoin. Coins or tokens are said to be altcoin because Bitcoin is a pioneer in the world of cryptocurrency and hereinafter referred to as altcoin. In my opinion, some altcoins have prospects because with the increasingly high price of Bitcoin, it makes investors interested in speculating on altcoin

blue Snow

legendary

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Up to 300% + 200 FS deposit bonuses

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

You must read the pinned message, we have a warning about altcoin, Alternative Block Chains : be safe!

Each altcoin has the main forum self so you have come to and learning step by step regarding how it's work. Use google search to know much more about it or use search keyword, example; ethereum:bitcointalk.org and etc.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

Altcoin - alternative coin. Also a cryptocurrency but different than Bitcoin. This is the shortest explanation I could come up with.

Quote

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

They do because you can get the answer pretty much anywhere. You can google it or find it on the forum by using the search function.

Chuky92

copper member

Activity: 966

Merit: 5

Quote from: GeorgeJohn on July 01, 2020, 02:28:58 PM

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

Welcome to the crypto space and i don't see anything wrong in asking what you don't know. All coins in the crypto space are called cryptocurrencies but there is a difference though, BTC is the first cryptocurrency while all other coins are called Alternative cryptocurrencies or Alternative Coins hence the short form which is Altcoins. Therefore this is the only difference between ETH and BTC, although each have their own features which makes them stand out. Also, the Influential nature of an altcoin depends on the altcoin itself, that is, ETH is very influential when compared to others, owing to its features which contributed to its position on the coinmarketcap. On the other hand, most new altcoins are less influential and will either grow with time or die with time, which also depends on the team.

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