What is the difference between Altcoin and Bitcoin? - page 3.

coinholic

full member

Activity: 518

Merit: 101

Quote from: LegGekkouga on February 17, 2018, 08:34:57 AM

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Here’s a link to answer your question.
https://www.quora.com/What-is-the-difference-between-altcoins-and-bitcoins

Simple questions like this only need simple ways of finding the answer. This can easily be Googled just like the link above. Also, you can always check topics on this forum. This question has been asked so many times.

TrumpD

sr. member

Activity: 602

Merit: 265

This is my contribution: Bitcoin right now is a digital currency and the greatest of all cryptocurrencies. In terms of value, in the early days bitcoin mostly gained its value because of its anonymity characteristic, and people where liking it and willing to use it because of that characteristic, so more and more people got on board. On the other hand, Altcoins [and there are different types of them, whilst bitcoin is just one] digital assets, I say assets because, Altcoins can be both cryptocurrencies and Tokens (tokens are store of value which can be traded). Most Altcoins these days get their value through the successes of real life projects.

Pasaway2701

full member

Activity: 479

Merit: 105

Quote from: smhome354 on March 18, 2018, 05:41:14 AM

What I understand is that before bitcoin the cryptocurrency is already existing but it's the bitcoin which was able to resolved issues with digital currency. So bitcoin is considered to be the first successful cryptocurrency. It was then followed by alternate coins or simply called altcoins.

Bitcoin is ahead of all coins. Bitcoin can earn by trading some altcoins and can buy altcoins using bitcoin. Both altcoin and bitcoin can be earned by signature campaign but bitcoin is directly convertible to local currency while altcoin, you have to wait for its exchanger to be able to get an income.

padcoin

jr. member

Activity: 168

Merit: 3

Bitcoin is the original crypto currencie, all other crypto currencie are altcoin, it is like dolly and her clone, all of them are kind of a copy

BitcoinBallerina

full member

Activity: 308

Merit: 100

Presale is live!

Bitcoin is the first cryptocurrency to be ever created and any coin created after that is an alternative to Bitcoin so its called an altcoin. As long as bitcoin manages to innovate and the development work is continuously being done, it is always going to have a first mover advantage.

pabpete

sr. member

Activity: 539

Merit: 255

Quote from: ranchi on March 18, 2018, 06:14:25 AM

Bitcoin is the father of all coin btc is responsible for the birth of alt coins that's what differ altcoins from bitcoins.

Bitcoin is very popular and cover above 35% of total markecap

There are substantially minimal differences between altcoin trading and bitcoin trading.Every investor will have to critically assess both bitcoin trading and altcoin trading to figure out which one works for their needs.

ranchi

member

Activity: 143

Merit: 31

Cryptomaa.com Helps in finding Real project

Bitcoin is the father of all coin btc is responsible for the birth of alt coins that's what differ altcoins from bitcoins.

Bitcoin is very popular and cover above 35% of total markecap

Klovezio

member

Activity: 350

Merit: 11

Quote from: LegGekkouga on February 17, 2018, 08:34:57 AM

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Hi,Bitcoin is a base coin . You can purchase other coins. There are plenty of other tokens in which to invest, other than Bitcoin.

pidie

member

Activity: 639

Merit: 18

one of the differences between bitcoin and altcoin is the stability of cryptocurrency, many factors that can cause stability of bitcoin prices such as many who invest into bitcoin and its volume is increasing from time to time. unlike altcoin whose value is unstable cause altcoin is unstable in because the market is lower than the others.

smhome354

jr. member

Activity: 168

Merit: 1

What I understand is that before bitcoin the cryptocurrency is already existing but it's the bitcoin which was able to resolved issues with digital currency. So bitcoin is considered to be the first successful cryptocurrency. It was then followed by alternate coins or simply called altcoins.

ptolimeus

full member

Activity: 280

Merit: 100

Quote from: nndep3m on March 08, 2018, 08:06:31 AM

Perhaps one day Bitcoin will become an altcoin, if BCH overtakes it. Although that is unlikely. In essence, any blockchain that is not BTC is called an altcoin.

It just so happened historically, everyone calls altcoins all coins except bitcoin. It seems to me that it is irrational and somehow "racist". Each coin has its own name, which it must be called. And I think that someday bitcoin will go to the background and its place will be taken by other coins.

nndep3m

member

Activity: 140

Merit: 13

First Payment Gateway using GoldBacked cryptocurre

Perhaps one day Bitcoin will become an altcoin, if BCH overtakes it. Although that is unlikely. In essence, any blockchain that is not BTC is called an altcoin.

SeXy

full member

Activity: 364

Merit: 100

altcoins is originally any other crypto currency other than bitcoin. Now there are crypto-currencies that outperform bitcoin, and there are those that are the bitcoin clone

Ryan West

newbie

Activity: 2

Merit: 0

Bitcoin is the world's first cryptocurrency created in 2009. It is the first Blockchain in the Market, it is the mother of all Cryptocurrencies.
All coins who came after Bitcoin are called "Altcoins" which means "alternative coins".

biticotalk

member

Activity: 182

Merit: 11

Bitcoin's prospects are good, but it's more of a standard for crypto currency and a good start for beginners. In bitcoin, I try not to invest and did not buy. Among the altcoins I'm interested in TRON, Cardstack, Databroker.

SergiOLa

member

Activity: 126

Merit: 11

While they may be in direct competition now, altcoins may eventually find their own niche an work in accord with Bitcoin, with each performing its own specific role in the market. For instance, smaller transactions for Brick and Mortar stores could utilize Litecoin or Dogecoin, while Bitcoin could be used for larger or interstate payments. For untraceable transactions, we can have Monero, and etherum would be the go-to currency for smart contracts.

Dheeraj Kumar Singh

newbie

Activity: 64

Merit: 0

Ethereum is the name of a [Suspicious link removed]pany that has created the digital token ether. But Ethereum and ether are now used interchangeably to refer to the cryptocurrency. Ether is backed by a blockchain, much like bitcoin, but the technology is slightly different and aimed at a specific use case: smart contracts.

sheldonnnn

sr. member

Activity: 420

Merit: 266

Bitcoin is the “original” cryptocurrency and ultimately responsible for the invention of blockchain technology. Altcoins are generally defined as “everything else.” Many of these altcoins are forks or clones of bitcoin, like Bitcoin Cash, Litecoin, etc. They all try different approaches to fix the problems with Bitcoin, but are fairly similar and at fundamental level.

Greenrace

full member

Activity: 280

Merit: 102

obviously bitcoin is the initial coin and as a major coin with a high price so people are hard to get it but there is altcoin as an alternative to have coins with various price variations

ovibd

newbie

Activity: 23

Merit: 0

Quote from: LegGekkouga on February 17, 2018, 08:34:57 AM

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Bitcoin is the first Blockchain of online Marketplace, Alt coin = alternate coin, Bitcoin is the foremost coin of all time.

Topic: What is the difference between Altcoin and Bitcoin? - page 3. (Read 797 times)