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Topic: What is the difference between Altcoin and Bitcoin? - page 5. (Read 797 times)

full member
Activity: 308
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Bitcoin is the mother of all coins and altcoins means lots of other coins exclusive of bitcoin. All coins available in the market are in altcoins category and the only exception is bitcoin. Bitcoin is a symbol of this crypto currency market because this market life start with bitcoin.
Recently, the difference between bitcoin and altcoins is becoming less noticeable. Previously, altcoins had such advantages as fast transactions, small commissions and smart contracts, but now bitcoin is gradually changing, the transaction speed is increasing, the commission for the transaction is also gradually decreasing. Bitcoin has only to integrate smart contracts and the difference between him and altcoins will be completely unobvious.
full member
Activity: 406
Merit: 100
Bitcoin is a Iconic symbol of the crypto currency market as this market life start with bitcoin, in other words we can say Bitcoin is the mother of all other coins and all other coins are called as Altcoins except the bitcoin.
sr. member
Activity: 980
Merit: 250
Bitcoin is the mother of all coins and altcoins means lots of other coins exclusive of bitcoin. All coins available in the market are in altcoins category and the only exception is bitcoin. Bitcoin is a symbol of this crypto currency market because this market life start with bitcoin.
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

the difference is, Bitcoin is the first coin in cryptocurrency world. so basicly BTC just like Father of all coin. and all of Altcoin is son of BTC.
jr. member
Activity: 140
Merit: 1
The difference between altcoin and bitcoin are their quality and value, they are also different in terms of rank and position, because bitcoin is the leading crypto currency all over the world, while altcoin is likely a kind of crypto that follow on what bitcoin movements.
full member
Activity: 179
Merit: 100
Everything is very simple.
First there was bitcoin, and for a long time was the only coin.
Then the first ICO happened, which gave us Ethereum - a platform, thanks to which people were able to create their own coins.
That is why, all coins except bitcoin are altcoyins, because they are secondary,
legendary
Activity: 1414
Merit: 1001
In fact, some altcoins are only slightly different from bitcoin. But bitcoin was the first crypto currency and thus earned the right to be considered the forefather of all other coins.
Alternative coins can be traded in order to gain bitcoin. Bitcoin is the foundation of every altcoins. Altcoins can be distribute by the use of tokens that has a value in the market which have exchange rate. If the rate is high enough and you think that you could have profit, you can sell it and bitcoin is the currency use for payment. Bitcoin is q tool to have exchange to local currency.
Bitcoin is everything at the moment, but we can not underestimate the quality of an altcoin. Without altcoin then Bitcoin will not be able to grow. Bitcoin development is supported by the Altcoin, one of which is the occurrence of Altcoin that happens every time. It's like an altenative currency that is used more for investment. Both of them in my opinion is not something that can be separated, both need each other to be able to show themselves each. Bitcoin in the absence of Altcoin then it is impossible and when Altcoin is unsupported by Bitcoin then it is impossible.
sr. member
Activity: 1582
Merit: 352
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Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Well, for me aside from Bitcoin being the king and pioneering coin Altcoins are born because of Bitcoin or simply Altcoins are another coin or digital currency that uses the blockchain technology. One of the difference between the two is that Altcoins are pretty dependent to Bitcoin while Bitcoin itself is not dependent on Altcoins.
full member
Activity: 479
Merit: 105
In fact, some altcoins are only slightly different from bitcoin. But bitcoin was the first crypto currency and thus earned the right to be considered the forefather of all other coins.
Alternative coins can be traded in order to gain bitcoin. Bitcoin is the foundation of every altcoins. Altcoins can be distribute by the use of tokens that has a value in the market which have exchange rate. If the rate is high enough and you think that you could have profit, you can sell it and bitcoin is the currency use for payment. Bitcoin is q tool to have exchange to local currency.
sr. member
Activity: 1079
Merit: 352
Like a forex. Bitcoin is the USD or the main pair your trade with and alt was the tool to make more USD.
jr. member
Activity: 280
Merit: 1
How to get both different, Bitcoin can be obtained by faucet or mine while altcoin is obtained in cryptocurrency exchanges,
Bitcoin also plays the most important role in cryptocurrency. Proverbial is Altcoin like ordinary metal that can be exchanged for precious metal called Bitcoin.
Bitcoin is also more stable than altcoin,
member
Activity: 448
Merit: 10
In fact, some altcoins are only slightly different from bitcoin.

There will always be some copycats. But you can take a look at the altcoins such as Ethereum and Stellar Lumens. Their technology is much different than that of Bitcoin. In fact, I would say that technologically these altcoins are superior to Bitcoin.
perhaps in theory there is, but practical indeed the Etheric even surpasses Bitcoin. I do not mean by the price category, because to date Bitcoin is above all, but it's not for long, Because there is a risk of losing this milestone very quickly.
sr. member
Activity: 600
Merit: 256
In fact, some altcoins are only slightly different from bitcoin.

There will always be some copycats. But you can take a look at the altcoins such as Ethereum and Stellar Lumens. Their technology is much different than that of Bitcoin. In fact, I would say that technologically these altcoins are superior to Bitcoin.
newbie
Activity: 27
Merit: 0
Altcoin was born after bitcoin.
Altcoin is a modified and more complete version of bitcoin.
 In terms of commercial value, Altcoin handles transactions faster than bitcoin. Cryptocurrency is growing to meet the needs of users, altcoin was born to improve the disadvantages of bitcoin.
newbie
Activity: 52
Merit: 0
Bitcoin = BTC
AltCoin = Everything Else.
   Bitcoin is the original decentralized cryptocurrency, Bitcoins are pioneers.The code and concept of bitcoins was created first.and  ultimate responsible for the invention of blockchain technology.
Altcoin are generally defined as everything else. although some might not refer to Ethereum as an Altcoin. But certainly the 1500 other coins out there are considered alts.
member
Activity: 122
Merit: 15
Long Live BTC
Bitcoin being the first digital currency have set the standards for cryptos. Alt (alternative) coins refer to btc for its value. Altcoin are born after btc, it intended to improve some bugs in btc by improving some processes but some of it doesn't exist for long in the market. It's good for short term investment while btc is hood for long term investment.
newbie
Activity: 154
Merit: 0
Differences Bitcoin and Altcoin - Virtual currencies of various kinds for example are Litecoin, Dogecoin and there is also Altcoin. The currently popular is Bitcoin, though there's nothing wrong if you understand the difference between each of those virtual currencies. Each virtual currency has its own advantages and disadvantages, for example Altcoin and Bitcoin. If traced further a lot of types of cryptocurrency that exist in the community but who is rising then Bitcoin. Altcoin itself is a newcomer that has not been widely known by the public so that the description of Altcoin is still gray or unclear
member
Activity: 308
Merit: 17
Bitcoin plays an important role in terms of crypto and altcoinsuch as the common crypto currency that will ultimately be many people who have altcoin but will then be exchanged for bitcoin. I think people now prefer bitcoin as an investment asset when compared to altcoin because its popularity level is so obvious that bitcoin has a higher popularity.
newbie
Activity: 48
Merit: 0
Bitcoins still maintain a significant market share when it comes to cryptocurrencies, but some altcoins came up giving it a run for its money.

Given that altcoins come with improvements that the bitcoin lacks, bitcoin developers maintain a high level of innovativeness to ensure that it continues to stay at the top of cryptocurrency trading.

There is always the chance of technical and economic flaws causing bitcoins to die off catastrophically. Altcoins continually work on addressing these identified flaws to create marginally stronger digital currencies.
member
Activity: 151
Merit: 12
Blockchain Identity Verification
In fact, some altcoins are only slightly different from bitcoin. But bitcoin was the first crypto currency and thus earned the right to be considered the forefather of all other coins.
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