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Topic: Question about altcoins. - page 3. (Read 1159 times)

full member
Activity: 392
Merit: 102
September 11, 2017, 10:13:58 PM
#11
Wow, I hope there's a mistranslation here.  There are a LOT more coins than just two.  Take a look at the market cap of the current exchanged coins:

https://coinmarketcap.com/

If you want to learn more about crypto, I'd recommend clicking into the top market cap coins, and going to each of the official websites and reading up on what's out there.  There are many coins; some specializing in fast transaction, some in privacy, some with added features, and some that aren't even trying to be a currency but more like a share of a company.

I'd also recommend reading news at places like:
newbie
Activity: 38
Merit: 0
September 11, 2017, 09:45:24 PM
#10
There are some really good projects out there, like Monero and Byteball.
But the true is the vast majority of the cryptocurrencies are coins that were created because some folks realized that it was a great way to make more bitcoins.
legendary
Activity: 1666
Merit: 1001
September 11, 2017, 09:38:35 PM
#9
There are more than two coins in crypto, infact there are thousands coins now, you can check them in service announcement board
Will alt coin better than Bitcoin? Depends on your priority, for long term Bitcoin is the best but f you are looking for trading profit maybe alt coin can be better and for currency Bitcoin still the best because it can be used in some store but no alt coin has been implemented yet
full member
Activity: 406
Merit: 101
Decentralized Digital Billboards
September 11, 2017, 09:38:26 PM
#8
Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

- I don't know if altcoin is able to go beyond bitcoin, only time that can answer  Cheesy
- Depending on what aspect you want, many altcoins offer some new things
- some altcoin can be converted with cash directly, such as: Ethereum, Litecoin, BitcoinCash, etc
hero member
Activity: 747
Merit: 502
September 11, 2017, 09:33:14 PM
#7
Altcoins are there for a lot of reasons, backing a business up, faster transaction, lighter blockchains, smart contracts, they're not all to be compared to bitcoin, we might see in the future an altcoin taking on bitcoin in marketcap, it certainly got close with ethereum at some point.
legendary
Activity: 2576
Merit: 1860
September 11, 2017, 09:30:08 PM
#6
I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

You have a lot of beginner's question there, mate. I may not answer everything but make sure to make some research, further readings.

In crypto, there are only two classifications, Bitcoin and then the rest will be called alternate crypto. In the alternate crypto, there are almost a thousand coins. If you ask about better than bitcoin, you have to classify the question. In terms of what? On an overall basis though, I say that Bitcoin is still the best.

Alternate coins have different uses. These coins are used to suit their respective projects.
full member
Activity: 175
Merit: 100
September 11, 2017, 09:13:29 PM
#5
I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?
It will not because the bitcoin as the main currency and all of the crypto pegged to the bitcoin as the main base exchange price like what was happened with the dollar and others fiat currency.
But the currency is good than bitcoin because it can take a little time deliver the transaction than bitcoin
full member
Activity: 311
Merit: 100
September 11, 2017, 09:04:20 PM
#4
I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

In my opinion, bitcoin is the best coin of all coins.
While the development of altcoin or its parent system of bitcoin then altcoin is not much better than bitcoin.
as far as I know altcoin must be converted or converted first to bitcoin through exchange and then can be used as local currency
sr. member
Activity: 406
Merit: 251
September 11, 2017, 08:14:54 PM
#3
Just like there's a lot of different currencies, there's a lot of different cryptocurrencies. some are worthless, some are reputable
full member
Activity: 178
Merit: 100
September 11, 2017, 06:49:46 PM
#2
We have a lot more than just two coins. Alt coin just stands for alternative coin, which is basically anything else that is not Bitcoin.

Will alt coin be better? Nobody knows, but Bitcoin is mainstream now and it would be hard for any other coin to keep up.

Will the currency be good? than Bitcoins? or its just the same? Many alt coins offer different functions beside a currency value. Some aspect are better, some are worse.

Can altcoins be directly converted to money? Certain coins such as Litecoins and Ethereum can be converted into cash directly.

Hope this helps.
full member
Activity: 168
Merit: 100
September 11, 2017, 06:03:15 PM
#1
I still don't get it why there are two coins so I gotten questions out of my curiosity.

•Will altcoins be much better than Bitcoins?

•Will the currency be good? than Bitcoins? or its just the same?

•Can altcoins be directly converted to money?
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