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Topic: What is Altcoin? (Read 343 times)

member
Activity: 224
Merit: 11
January 28, 2018, 03:19:33 PM
#66
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.
The same as bitcoin, Altcoin is also a kind of crypto currencies. Bitcoin is well-known for the first coin or the father coin in crypto market and Altcoin is abbreiated for “Bitcoin alternative’’. Altcoin consists of etherum, ripple, doge, dash and the like. From starting, altcoin obtain a lot of concerns from many people. In these, people are getting to use altcoin popularly and the big trend is choosing ethereum. I suppose that if you want to know more and clearly about all of this coins you’d better use Google to know much more information relating to altcoin.
full member
Activity: 1358
Merit: 100
January 26, 2018, 11:13:33 AM
#65
I remember when I was new in cryptocurrency I thought bitcoin is an altcoin because the word of alternative coin for me means alternative money. After I researched about cryptocurrency I found out that bitcoin is a "main coin" or "the mother of all cryptocurrencies" and other coin called "alternative coins" in short "Altcoins".
newbie
Activity: 69
Merit: 0
January 26, 2018, 09:22:54 AM
#64
Basically, altcoin is a cryptocurrency that we're trying to work for. Since you are already a member of our society here in bitcoin, it is better for you to read threads with regards to those things that are so complex for you to understand. But that is just for now that you are a newbie. They are much reliable since those threads are made specially by those big time masters here in bitcoin. With that, they can share and impart their knowledge for you, for us all so that we can all work together with harmony and with unity. Looking forward that we can all succeed with our own little ways in struggling our journey to have a better and brighter future.
According to Google:
An altcoin is any digital cryptocurrency similar to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used to describe any cryptocurrency that is not a Bitcoin. Most popular altcoins use the same fundamental building blocks as Bitcoin.


I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.
Altcoins means alternative coins. The first coins we have in the cryptoworld is bitcoin. After bitcoin, all coins created are called altcoins. These coins have lower value or price than bitcoin. Some altcoins arent stay or listed in all exchanges because they disappear because they arent indemand as that of others. Altcoins also are being used as payment in most bounties we have here. The main goal of having altcoin is to exchange or trade them in bitcoin, a globally accepted coin.
I'm a newbie here. I don't know what is altcoin.
Altcoins are cryptocurrencies like Bitcoin,the term altcoin comes from the word alternative to bitcoin which clearly explain what it is,altcoin is any cryptocurrency none other than Bitcoin.As a newbie you should know some basic abbreviations for you to undertand most of the threads here in bitcointalk,congrats and welcome!

all the above quote already explain what is altcoin. the usual altcoin name heard is cryptocurrency other than bitcoin. I think the core of his understanding is as above. has been explained from some sources and understanding by friends above. thanks.
member
Activity: 319
Merit: 10
Apeswap Finance
January 26, 2018, 09:14:27 AM
#63
on are basically of its altcoin is an alternative coin, which is an alternative to bitcoin, and they will be affected when there is a movement of bitcoin, altcoin is also a clone of bitcoin.
newbie
Activity: 2
Merit: 0
January 26, 2018, 08:54:33 AM
#62
According to Google:
An altcoin is any digital cryptocurrency similar to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used to describe any cryptocurrency that is not a Bitcoin. Most popular altcoins use the same fundamental building blocks as Bitcoin.

full member
Activity: 266
Merit: 103
January 26, 2018, 08:47:31 AM
#61
Altcoins are all other coins apart from Bitcoin the pioneer of all coins. Altcoins derived from Bitcoin - they basically came into existence to replace or change it.
full member
Activity: 294
Merit: 100
January 26, 2018, 08:05:52 AM
#60
These altcoins re the alternative coins which is being produced as the substitute of Bitcoin. These are the decentralised virtual crypto currencies which is widely used nowadays. These coins are beneficial for long term investments and can generate huge profits.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
January 26, 2018, 08:05:44 AM
#59
In a simple word, Alt = Alternative;  -coin = Coin. Join both words you have Altcoin which when written in full means Alternative Coins. Alternative because there is already a major coin in existence before those coins were created and that major coin is Bitcoin. Therefore, any coin in the cryptospace other than Bitcoin is called Altcoin. Such coins include Ether, Ripple, Bitcoin cash, etc.
full member
Activity: 168
Merit: 101
January 26, 2018, 07:58:46 AM
#58
Yes! As the name implies, "Altcoin" is a combination of two words: "alt" and "coin"; alt is short for alternative and coin signifies currency. Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin. After the success story of Bitcoin, many other peer-to-peer digital currencies have emerged in an attempt to imitate that success. Or simply put, Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin. Generally, they project themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow


member
Activity: 158
Merit: 10
January 26, 2018, 07:56:30 AM
#57
Basically, altcoin is a cryptocurrency that we're trying to work for. Since you are already a member of our society here in bitcoin, it is better for you to read threads with regards to those things that are so complex for you to understand. But that is just for now that you are a newbie. They are much reliable since those threads are made specially by those big time masters here in bitcoin. With that, they can share and impart their knowledge for you, for us all so that we can all work together with harmony and with unity. Looking forward that we can all succeed with our own little ways in struggling our journey to have a better and brighter future.
full member
Activity: 462
Merit: 100
January 26, 2018, 07:49:16 AM
#56
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.

altcoin is a collection of different tokens. you should start with a lot of reading in this forum, it would be better if you always try to learn knowledge about crypto or bitcoin.
member
Activity: 99
Merit: 10
January 26, 2018, 07:38:57 AM
#55
Well alt coins are the products of new projects which are trying bring solutions to problems of crypto world or innovative enterprises. They are meant to have a use in real life as well .
member
Activity: 602
Merit: 10
January 26, 2018, 07:34:09 AM
#54
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.

Altcoin is a cryptocurrency can be called a token other than bitcoin. The term Altcoin was created from the beginning when there were only a few coins made of bitcoin cloning.
member
Activity: 224
Merit: 10
January 26, 2018, 07:31:50 AM
#53
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.
Altcoins means alternative coins. The first coins we have in the cryptoworld is bitcoin. After bitcoin, all coins created are called altcoins. These coins have lower value or price than bitcoin. Some altcoins arent stay or listed in all exchanges because they disappear because they arent indemand as that of others. Altcoins also are being used as payment in most bounties we have here. The main goal of having altcoin is to exchange or trade them in bitcoin, a globally accepted coin.
full member
Activity: 854
Merit: 108
January 26, 2018, 07:26:23 AM
#52
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.

First it was Bitcoin in which the first digital currency that created then after the success of Bitcoin many businessman try to follow the path of Bitcoin and created their own coins in which are now called alternative coins or altcoin in short. That any coin other than Bitcoin will be called altcoins in which the most famous altcoin is Ethereum.
sr. member
Activity: 1680
Merit: 262
January 26, 2018, 07:17:00 AM
#51
Altcoins is an alternative coin that was created as an alternative to bitcoin. if you do not have much capital to buy bitcoin, you can buy alternative coin (altcoin). lots of altcoin that you can choose for investment or trading. example etherum, ripple, doge, dash and many more. and of course the altcoin price is cheaper than bitcoin.
sr. member
Activity: 1624
Merit: 250
January 26, 2018, 07:01:50 AM
#50
Altcoin is an abbreviation of “Bitcoin alternative”(Cryptocurrency Alternatives to Bitcoin).The altcoins One of the most popular altcoin is Litecoin.I think Litecoin is more stable than Bitcoin.Altcoins deals more income relatively than Bitcoin Wink
newbie
Activity: 39
Merit: 0
January 26, 2018, 06:30:43 AM
#49
I see that everything has been well explained so far!  Roll Eyes I would just add, that the newbies usually start with the altcoins, because they are easier to collect and store. Some of them are low-priced now but have great capacity to grow!   Wink Take your time do some thorough research on the best 5 altcoins of 2018!
full member
Activity: 420
Merit: 100
January 26, 2018, 06:18:24 AM
#48
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.

altcoin is an alternative coin that will make your assets or bitcoin a lot but there are some fake altcoins and you should be careful with such altcoin models and altcoin will make you rich.
newbie
Activity: 10
Merit: 0
January 26, 2018, 06:06:18 AM
#47
Altcoins are cryptocurrencies like Bitcoin,the term altcoin comes from the word alternative to bitcoin which clearly explain what it is,altcoin is any cryptocurrency none other than Bitcoin
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