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Topic: Is Ethereum an Altcoin? (Read 4140 times)

sr. member
Activity: 253
Merit: 250
June 11, 2017, 01:08:11 PM
#31
Yea etherum is best altcoin for me and I suggest to everybody to put better money in etherum then bitcoin.Many experts suggest to put own money in etherum then in bitcoin because etherum is growing faster and it looks better for me.Also I like more etherum because Vladimir Putin suggest etherum.
sr. member
Activity: 532
Merit: 327
June 11, 2017, 01:05:04 PM
#30
My understanding is that any coin that is not Bitcoin is altcoin.
sr. member
Activity: 1036
Merit: 329
June 11, 2017, 11:24:34 AM
#29
Ethereum is an alternative coin so yes it's considered as altcoin. Bitcoin and Ethereum have a big difference also.
sr. member
Activity: 1988
Merit: 453
June 11, 2017, 09:47:42 AM
#28
Can someone please explain Ethereum to me? I've been reading and trying to understand but am very confused.
Is it an altcoin? Is it dependent on Bitcoin? They say that it works hand in hand with Bitcoin, but how?

My understanding is that it is just a blockchain that can be used for developing software - but is ether a coin or is it real estate on the Ethereum blockchain?

I'm not interested in technical bla bla bla.. I just want some explanation in plain terms. What is it?

Yes. Ethereum is an altcoin, and right now it is the biggest altcoin in terms of market cap (and also in terms of the number of users). And you are right about its link with Bitcoin. The exchange rates seems to be dependent upon that of Bitcoin, as most of the trade volumes are coming from BTC-ETH trade. But recently I have noticed increasing volumes for the ETH-USD and ETH-EUR pairs as well.
hero member
Activity: 658
Merit: 500
June 11, 2017, 08:51:36 AM
#27
in my opinion ethereum is altcoin, but ethereum is inovative altcoin, they have smart contract feature which make everyone can create token based on ethereum. Every cryptocurrency which is not bitcoin will called as altcoin
legendary
Activity: 1218
Merit: 1006
June 11, 2017, 08:31:36 AM
#26
Ethereum is platform for smart contracts, ETH is token which runs on that platform.
Here you can find most information about it: https://www.ethereum.org/
Actually lots of other tokens like LUN, VOISE etc run on Ethereum platform. ETH is currency/unit used in ethereum platform, ETH is required to send any of tokens based on ETH smart contract. Ethereum is more than just another altcoin.
sr. member
Activity: 658
Merit: 255
June 11, 2017, 08:10:50 AM
#25
1 million bitcoin is owned by someone? Guess who is ? Not satoshi sure. All coins same
sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
June 11, 2017, 08:04:04 AM
#24
Can someone please explain Ethereum to me? I've been reading and trying to understand but am very confused.
Is it an altcoin? Is it dependent on Bitcoin? They say that it works hand in hand with Bitcoin, but how?

My understanding is that it is just a blockchain that can be used for developing software - but is ether a coin or is it real estate on the Ethereum blockchain?

I'm not interested in technical bla bla bla.. I just want some explanation in plain terms. What is it?
Ethereum is platform for smart contracts, ETH is token which runs on that platform.
Here you can find most information about it: https://www.ethereum.org/
sr. member
Activity: 520
Merit: 250
June 11, 2017, 07:00:57 AM
#23
The main ideaislike this;
Bitcoin and others Smiley

I mean all the cryptocurrencies but bitcoin are altcoins..

Ethereum were like Bitcoin ,they are both cryptocurrency and they can grow in time.
newbie
Activity: 34
Merit: 0
June 11, 2017, 06:16:11 AM
#22
The main ideaislike this;
Bitcoin and others Smiley

I mean all the cryptocurrencies but bitcoin are altcoins..
legendary
Activity: 1946
Merit: 1137
April 01, 2017, 03:47:05 AM
#21
you could have used google to find the official website and read the details faster Smiley
yes you can call it an altcoin but ethereum is more of a platform rather than being a coin. it had a nice idea but the platform and the project is not good enough in my opinion. there are other very similar projects that do things better and with less bugs. such as Lisk.

and not it has nothing to do with bitcoin, they try to attach themselves to bitcoin whenever it suits them to advertise their project and pump it as we saw last week. and ethereum is centralized and most of the supply is controlled by the whales. these are the only things you need to know about it.

but go the the website and see the code for more information if you are interested in the platform and the pump and dumps.
sr. member
Activity: 308
Merit: 250
April 01, 2017, 12:26:00 AM
#20
anything bitcoin based fork is an altcoin not $etc
legendary
Activity: 1050
Merit: 1001
March 13, 2016, 11:50:46 AM
#19
Can someone please explain Ethereum to me? I've been reading and trying to understand but am very confused.
Is it an altcoin? Is it dependent on Bitcoin? They say that it works hand in hand with Bitcoin, but how?

My understanding is that it is just a blockchain that can be used for developing software - but is ether a coin or is it real estate on the Ethereum blockchain?

I'm not interested in technical bla bla bla.. I just want some explanation in plain terms. What is it?
dude,if Etherum not a altcoin,it will not listed on exchange,as you know now etherum listed in almost every altcoin exchange.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 13, 2016, 07:33:13 AM
#18

Ok well this is what I do and don't understand:

Well since none of these guy will answer the question.. hmm i wonder why ?  Roll Eyes

NO.. it's not.

An altcoin is a currency and this ETH is not a currency.
It seems to be some kind of block-chain add-on app's digital token spin-off type thing.

The question in the topic title is clear..
Would i classify it as a "Currency / Altcoin" ? NOPE !


Clear.

Quote
This ETH shit pushes off in a new direction..
And this was to solve a glaring / obvious problem that needed to be solved ?
In relation to a digital currency ?

Does it compete with or improve on Bitcoin or say Litecoin etc ?

Seems to me it's a horrendous scammy IPO launched "coin" that was hidden for years ..on purpose !
And it has a gimmick associated with it of the sole purpose of separating itself from the others.


Unclear but I guess this is just a rant.

Quote
Just ask yourself guys.. WHAT does it actually do ?
And was there a need for that ?
Would "THAT" be considered a currency ?

I wouldn't get involved with it because it's not a currency
and i came to the Altcoin scene to support a digital currency.
Profit making on a Pyramid scheme is irrelevant.

Not sure what you mean by pyramid scheme either.



DEFINE THE WORD "CURRENCY" NOOBY ACCOUNT

simple ?
member
Activity: 112
Merit: 10
March 12, 2016, 02:25:04 PM
#17

Ok well this is what I do and don't understand:

Well since none of these guy will answer the question.. hmm i wonder why ?  Roll Eyes

NO.. it's not.

An altcoin is a currency and this ETH is not a currency.
It seems to be some kind of block-chain add-on app's digital token spin-off type thing.

The question in the topic title is clear..
Would i classify it as a "Currency / Altcoin" ? NOPE !


Clear.

Quote
This ETH shit pushes off in a new direction..
And this was to solve a glaring / obvious problem that needed to be solved ?
In relation to a digital currency ?

Does it compete with or improve on Bitcoin or say Litecoin etc ?

Seems to me it's a horrendous scammy IPO launched "coin" that was hidden for years ..on purpose !
And it has a gimmick associated with it of the sole purpose of separating itself from the others.


Unclear but I guess this is just a rant.

Quote
Just ask yourself guys.. WHAT does it actually do ?
And was there a need for that ?
Would "THAT" be considered a currency ?

I wouldn't get involved with it because it's not a currency
and i came to the Altcoin scene to support a digital currency.
Profit making on a Pyramid scheme is irrelevant.

Not sure what you mean by pyramid scheme either.

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 12, 2016, 02:08:23 PM
#16
Well since none of these guy will answer the question.. hmm i wonder why ?  Roll Eyes

NO.. it's not.

An altcoin is a currency and this ETH is not a currency.
It seems to be some kind of block-chain add-on app's digital token spin-off type thing.

The question in the topic title is clear..
Would i classify it as a "Currency / Altcoin" ? NOPE !

This ETH shit pushes off in a new direction..
And this was to solve a glaring / obvious problem that needed to be solved ?
In relation to a digital currency ?

Does it compete with or improve on Bitcoin or say Litecoin etc ?

Seems to me it's a horrendous scammy IPO launched "coin" that was hidden for years ..on purpose !
And it has a gimmick associated with it of the sole purpose of separating itself from the others.

Just ask yourself guys.. WHAT does it actually do ?
And was there a need for that ?
Would "THAT" be considered a currency ?

I wouldn't get involved with it because it's not a currency
and i came to the Altcoin scene to support a digital currency.
Profit making on a Pyramid scheme is irrelevant.


kinda hard to understand what you're saying but I think you answered the question.

i call bullshit !

explain to me what don't you get ?

all of it ?
you seem to speak English well enough.. do i have to talk slower ? LOL



@milly6
How was i getting trolled ? ..wanna fill me in over here ?

and guys.. post your classic obligatory Bitcointalk "one liners'
i always love 'em  !

EDIT:
And by all means if you have ANYTHING at all what so ever to say ON-TOPIC we're all ears Wink
I made some assertions and they went ignored with some snarky comments / jabs at me *again*
WOW never seen that here before hahahha
legendary
Activity: 1632
Merit: 1010
March 12, 2016, 02:06:43 PM
#15
Well since none of these guy will answer the question.. hmm i wonder why ?  Roll Eyes

NO.. it's not.

An altcoin is a currency and this ETH is not a currency.
It seems to be some kind of block-chain add-on app's digital token spin-off type thing.

The question in the topic title is clear..
Would i classify it as a "Currency / Altcoin" ? NOPE !

This ETH shit pushes off in a new direction..
And this was to solve a glaring / obvious problem that needed to be solved ?
In relation to a digital currency ?

Does it compete with or improve on Bitcoin or say Litecoin etc ?

Seems to me it's a horrendous scammy IPO launched "coin" that was hidden for years ..on purpose !
And it has a gimmick associated with it of the sole purpose of separating itself from the others.

Just ask yourself guys.. WHAT does it actually do ?
And was there a need for that ?
Would "THAT" be considered a currency ?

I wouldn't get involved with it because it's not a currency
and i came to the Altcoin scene to support a digital currency.
Profit making on a Pyramid scheme is irrelevant.


Im not saying you are wrong but... man do you love getting trolled lol
member
Activity: 112
Merit: 10
March 12, 2016, 01:57:04 PM
#14
Well since none of these guy will answer the question.. hmm i wonder why ?  Roll Eyes

NO.. it's not.

An altcoin is a currency and this ETH is not a currency.
It seems to be some kind of block-chain add-on app's digital token spin-off type thing.

The question in the topic title is clear..
Would i classify it as a "Currency / Altcoin" ? NOPE !

This ETH shit pushes off in a new direction..
And this was to solve a glaring / obvious problem that needed to be solved ?
In relation to a digital currency ?

Does it compete with or improve on Bitcoin or say Litecoin etc ?

Seems to me it's a horrendous scammy IPO launched "coin" that was hidden for years ..on purpose !
And it has a gimmick associated with it of the sole purpose of separating itself from the others.

Just ask yourself guys.. WHAT does it actually do ?
And was there a need for that ?
Would "THAT" be considered a currency ?

I wouldn't get involved with it because it's not a currency
and i came to the Altcoin scene to support a digital currency.
Profit making on a Pyramid scheme is irrelevant.


kinda hard to understand what you're saying but I think you answered the question.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 12, 2016, 03:35:56 AM
#13
Well since none of these guy will answer the question.. hmm i wonder why ?  Roll Eyes

NO.. it's not.

An altcoin is a currency and this ETH is not a currency.
It seems to be some kind of block-chain add-on app's digital token spin-off type thing.

The question in the topic title is clear..
Would i classify it as a "Currency / Altcoin" ? NOPE !

This ETH shit pushes off in a new direction..
And this was to solve a glaring / obvious problem that needed to be solved ?
In relation to a digital currency ?

Does it compete with or improve on Bitcoin or say Litecoin etc ?

Seems to me it's a horrendous scammy IPO launched "coin" that was hidden for years ..on purpose !
And it has a gimmick associated with it of the sole purpose of separating itself from the others.

Just ask yourself guys.. WHAT does it actually do ?
And was there a need for that ?
Would "THAT" be considered a currency ?

I wouldn't get involved with it because it's not a currency
and i came to the Altcoin scene to support a digital currency.
Profit making on a Pyramid scheme is irrelevant.
member
Activity: 112
Merit: 10
March 12, 2016, 01:01:32 AM
#12
Basically every coin which has been created after Bitcoin is called an altcoin. It does not play a role whether it was programmed from scratch or not. From this point of view, Ethereum is an altcoin as any other coin, too.


Ethereum is an alt coin as it was built by those greedy bastard that what to wipe out bitcoin.
Those ethereum developers are so naive to take down bitcoin with alt coin which is getting some hype.
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