Topic: Question about altcoins. (Read 1159 times)

There is can be no comparison between bitcoin and altcoins as bitcoin is the most powerful and popular digital currency holding huge number of users and it will always remain on top and no altcoin can even take the position of bitcoin in future.

Dude, there are currently almost 1000 cryptocoins! I suggest you take a look at coinmarketcap.com - check their rankings and do some research on the biggest coins (you can get links for their site and social media if you click on them). Good luck!

Altcoin is just a term for calling coin crypto other than btc and there are already thousands of coins. Many altcoins offer different functions, some are good and also bad. some other coins that can be converted to fiat money like eth

I would say that Bitcoin is surely the biggest, meaning most used and most expensive. Best? Not by any chance, there are several algos out there that manages speed, security and anonymity as good as, or even better than bitcoin. But I agree, Bitcoin will still be the "mother" of all coins as of now. May very well change in the future. Almost all coins/algos has its pros and cons.

They are same as cryptos but have different value and you can never compare any altcoin to bitcoin as there is massive difference in its price and bitcoin will always be on top and I don't see any altcoin can replace bitcoin in future.

There is no altcoins that can be better than bitcoin and altcoins and bitcoin is not the same when it comes to use case but they are the same as a cryptocurrency.

Bitcoin is mother of all crypto currencies so it will be always better and it will survive longer in compare to other altcoins on the other hand there is no guarantee that when any particular altcoin will disappear as there are many scam coins available.

With over 1300 cryptocurrencies in the world as of these year, you really are going to be curious on what crypto will going to be on top, but coinly speaking Bitcoin is on top. There are lot of coins other than Bitcoins and that is alt coin.
Will altcoins be much better than Bitcoins? In other ways, maybe it could be better than Bitcoin.
Will the currency be good? than Bitcoins? or its just the same? I think it’s better than currency, but if the real currency is replaced by Bitcoins, our economy will shut down.
Can altcoins be directly converted to money? Yes, there are many alt coins that are converted to direct cash.

There are two coins if you refer to classification of coins because there is bitcoin and there is alternate cryptos or altcoins. That is so because altcoins are not as original as bitcoin. They are not there when cryptocurrency started. They only came out after bitcoin is already functioning.

Altcoins is an alternative to bitcoin so definitely bitcoin was better, it's my opinion

i think altcoin will be stay at the position and will change turn up and down because there is many altcoin that want to be at higher position but bitcoin is still in the top of crypto currency. altcoin will be good for a long term and the price will be following with bitcoin price and will make adjustment for the price. maybe altcoin can be directly converted to money in other exchange but in my local exchange, some altcoin can converted to money and we can directly trade local fiat-etc/eth/bch.

There are hundreds if not thousands of Altcoins.  Alot of them are get rich quick schemes, but alot of them I value more then BTC.

How you measure them is all relative to if you think a coin is better or worse than BTC.  If the measurement is in price per coin, or possible longevity and usability, then aside from certain coins that draw value from very small coin amounts IE "One Coin", then BTC will probably win out.  

If the measurement is based on ease in finding places that will trade the coin, BTC will currently win out there as well.  That's not to say BTC wins on all measurements.  If you think in terms of how useable it is for small transactions, then BTC fails badly, as the transaction fees can be even higher than the transaction itself.  So in that case alot of altcoins would win out.  Imagine buying a sandwich for $6 and paying a $3 transaction fee.  No thanks.  Also alot of the coins were designed for a bunch of various reasons.  Transaction speeds.  Waiting 5 minutes for a transaction to approve is not convenient ect.  Then there are other things to consider.  Alot of coins use different POW and POS types ect to try to lower the amount of electricity being used.  And some coins are created using different algorithms to try to keep themselves more ASIC resistant or fit into a number of niche markets.  So all in all many altcoins are needed to keep the cryptocurrency ecosystem going.  

And yes some coins can be traded directly to fiat currency without going thru BTC.  The smaller ones don't usually, but the larger ones you can IE LTC/Etherium

,well i guess this guys has a lot more to study and learn. anyway i am pretty sure you knew bitcoin as well as how does it function, aside from bitcoin we also have a so called alternate cryptocurrencies which are been talked about here in this specifc section. as the word alternate means it can be a substitute insteaf of having bitcoin and that is how trading will also work here. altcoins can never be converted directly into money, it has to be converted first into bitcoin then the next is fiat.

Yes, sure. But it depend on their popularities and the place of exchange. Ex, Ethereum. One of the most popular alternative coins since the appearance of their tokens, can be converted directly to usd without bitcoin.

I think all altcoins have the same estuary that is bitcoin, so it would be difficult for altcoin to much better than bitcoin, even ETH though. If you want to exchange altcoin with money it could be, but not in the exchanger, maybe you can find ordinary people to transact.

Some Altcoin(Altcoin means Alternatives coin) could of course be better than Bitcoin if they work extremely hard & play their game well, none so far has shown any sign of becoming better Cryptocurrency. Ethereum has the potential of equaling or surpassing bitcoin If the coin developers their acts together.

There are a lot of ALT coins in the market right now. These coins have their own purpose on their projects. Bitcoin is still the best Crypto for long term investing. Why? It can be told that it is still standing for multiple years now if was not the best. I believe EThereum is the best altcoin which has come near the level of BTC.

First of all op, altcoins is not a single coin. It is a general term for coins other than bitcoin because bitcointalk was made for bitcoin so when different coins came out, the altcoin term emerged which stands for alternative coins by the way.

It depends on how you see bitcoin and an altcoin. But if you ask me, I don't think so. Bitcoin is way ahead of every altcoin out there.

Yes, they certainly can. Same as bitcoins.

bitcoin is open source - So anyone want can make their own "bitcoin". So we say that is altcoin. And  they have many update for their coin. So many coin have many feature than bitcoin. Some coin is difference but still use blockchain tech. that is the core of crypto world

What do think about altcoins, How alternatives coins help increase your income, when you start to think about alt coin instead of bitcoin  and when do intend to trade our altcoin to def cryptocurrencies.