Pages:
Author

Topic: What is Altcoin? - page 2. (Read 343 times)

newbie
Activity: 94
Merit: 0
January 26, 2018, 06:00:42 AM
#46
yes, probably a good advice is to invest a little in DeepOnion.
There is a great community behind it and privacy will be a key element for TOP privacy coins in 2018 (and even after)
newbie
Activity: 96
Merit: 0
January 26, 2018, 05:53:32 AM
#45
As a rule, some of them are based on their own blockchain (waves), and some of them are based on other cryptocurrencies blockchains, for example OMG based on erc-20 standart ethereum blockchain
member
Activity: 364
Merit: 10
Alfa-Enzo:Introducing the First Global Smartmarket
January 26, 2018, 05:50:06 AM
#44
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.

Welcome to this new world, and congrats that you are here.

An Altcoin is nothing but any other coin like Bitcoin. There are many Altcoins present in the market now like Etherum, EDOGE, etc. Many new Altcoins are being getting introduced very fastly so you should very careful about which one to buy.

To other people Altcoin is just an ordinary coin which has exact opposit amount, yes that is true to all but Altcoin is very usefull and some people use this as their transaction into third party. We all knew that there are different equivalent in specific amount that you are goin to receive.
jr. member
Activity: 77
Merit: 1
January 26, 2018, 05:43:00 AM
#43
The word “altcoin” is an abbreviation of “Bitcoin alternative,” and thus describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component.  Smiley Smiley
member
Activity: 253
Merit: 10
January 26, 2018, 04:43:59 AM
#42
What do you think,  Is the Etherum still an altcoin?
If we consider the situation today.
I think the etherium is also the main coin
i think etherium is not altcoin its crypto like bitcoin but im not sure if thats true so lets find out what is the truth
full member
Activity: 392
Merit: 100
January 26, 2018, 04:32:52 AM
#41
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 crypto quantities. maybe the members here have first explained it. if you are really a beginner, you should take the time to find lots of reading in this forum. there is a lot of knowledge you can get and learn for your understanding and knowledge.
member
Activity: 406
Merit: 11
January 26, 2018, 04:31:28 AM
#40
Hello Newbie, before knowing what altcoins is you need to know better about bitcoin first. There's nothing special about these altcoins and if you have good understanding on bitcoin then you will easily understand all the altcoins functioning. Hope the previous posts have given much idea on what is all about altcoins. Suggest you to visit http://lopp.net/bitcoin.html to understand A to Z about bitcoin.
full member
Activity: 560
Merit: 102
January 26, 2018, 04:30:01 AM
#39

hello new man The altcoin is the bitcoin apart. This is the common name of any coin that appears in CMC. except King Bitcoin,
newbie
Activity: 6
Merit: 0
January 26, 2018, 04:14:57 AM
#38
Altcoin means Alternative coins any coins or tokens that is not bitcoin. We need altcoins in crypto space as they are giving lots of oppurtunities and new technology. You can invest in alternative coins and join in campaign and airdrops to earn as well. We are in a prime time of cryptocurrency that is why there are lots of alternative coins that are coming.
member
Activity: 325
Merit: 10
January 26, 2018, 04:12:00 AM
#37
An altcoin is any digital cryptocurrency similar to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used describe any cryptocurrency that is not a Bitcoin. ... Most popular altcoins use the same fundamental building blocks as Bitcoin.
full member
Activity: 531
Merit: 102
January 26, 2018, 03:16:24 AM
#36
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 created after the success of the bitcoin in the market.  Basically, altcoin is came from two words "alt" and "coin".  Alt is an acronym for alternate and coin which is basically a digital currency.  With its meaning alone, it signifies that it is created as an alternate or substitute for bitcoin.  

Basically, it is created with the same concept like bitcoin which is powered by blockchain technology.  Meaning, it also uses peer to peer and created through mining or solving complex mathematical equations.  It is also decentralize and volatile in nature meaning nobody controls it and it has the chance to pump up and down its value anytime.  The reason why most investors chooses altcoin nowadays is simply because it has a cheaper transaction fee compared to bitcoin.

Nowadays, there are many digital coins present in the market.  Each of them was created for a certain purpose which is to raise fund for a specific project.  Many coins are legitimate but the sad thing is there are also coins that is made to scam people.  So, we have to be careful prior to investing in any altcoin and check first its legitimacy.



full member
Activity: 468
Merit: 100
January 26, 2018, 03:12:39 AM
#35
altcoin is an alternative coin. which means an alternative to bitcoin. This coin is cheap, easy to obtain and often keeps out altcoin altcoin new. Altcoin is any cryptocurrency or a token other than bitcoin. and some of them are based on their own blockchain
jr. member
Activity: 84
Merit: 5
January 26, 2018, 03:07:24 AM
#34
Altcoin is an abbreviation for alternative bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component.
full member
Activity: 350
Merit: 100
January 26, 2018, 02:59:47 AM
#33
Altcoin and its History. If we conclude Bitcoin's discussion from the introduction of Bitcoin, its history, to the concepts and how it works, then we will know that basically, Bitcoin is just one component part of the whole cryptographic-based digital currency ecosystem.
sr. member
Activity: 378
Merit: 251
January 26, 2018, 02:58:07 AM
#32
Altcoins are what you trade to earn more bitcoins.  If you only have 1 bitcoin, it will always equal 1 bitcoin.  If you own altcoins and trade them for bitcoins, you could possibly end up with a lot more.  Any cryptocurrency other than bitcoin is an altcoin. 
full member
Activity: 378
Merit: 100
January 26, 2018, 02:51:11 AM
#31
altcoin is the alternate currencies for the bitcoin like the reward on the ICO when the ICO is succesful and also the altcoin are not the one that not called bitcoin in short
full member
Activity: 241
Merit: 100
January 26, 2018, 02:44:00 AM
#30
At the moment most people only use it for investment or for trading. The actual function as a means of payment online, conventional money substitute has not been so much in use. Perhaps because of its unstable value or deliberately made unstable, so people prefer investment options rather than being a means of payment.
But Altkoin is still quite popular among crypto and still very much use it.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
January 26, 2018, 12:22:01 AM
#29
Altcoins are the alternative cryptocurrencies which were launched after the success of Bitcoin. Generally, these are projected as a better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow.
This is a proper definition of altcoin. There are so many altcoins these days created for different purposes (Some are legit while some are meant to scam people) and more and more coins and tokens are being created on a regular basis. It is possible to earn huge profits from altcoins in the short term and long term when compared to bitcoin which is why many people tend to invest into altcoins.

What I do not understand is that the op could have easily learnt this simple piece of information by doing some research on this forum or checking other sources like google etc. Some people need to focus on researching before opening these kind of threads.
member
Activity: 350
Merit: 12
Crypto Enthusiast!
January 26, 2018, 12:18:31 AM
#28
In other words, anything other than BTC can be called as an altcoin.
full member
Activity: 490
Merit: 100
January 26, 2018, 12:07:59 AM
#27
Altcoins are the alternative cryptocurrencies which were launched after the success of Bitcoin. Generally, these are projected as a better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow.
Pages:
Jump to: