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Topic: What is the difference between Altcoin and Bitcoin? - page 6. (Read 820 times)

jr. member
Activity: 182
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All the way up
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Alt coins are alternate coins these are coins which is not bitcoin so if you see or heard anything or any name of coin but not bitcoin it is automatically called as alt coins, that is the basic or should I say the fundamental knowledge about the difference of altcoin and bitcoin that I can contribute to you with the very best of my knowledge.
member
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"simply getting the job done"
Bitcoin is the first virtual currency created for online payments, so investors are interested in using it for investment purposes.
And Altcoin (an alternative coin) was first made in 2011. The presence of bitcoin is more popular than altcoin. To get bitcoin, you can buy on its website. While altcoin you can get it in the crypto currency exchange. And then atlcoin also uses bitcoin currency as its intermediary, so you must have bitcoin before buying altcoin. Bitcoin prices are stable, while altcoin is unstable.
newbie
Activity: 168
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BITCOIN is the first Cryptocurrency.

Altcoins are coins that are not bitcoins but they are traded against bitcoin on the exchanges.

All the altcoins are adopting the same concept of bitcoin using the blockchain ..
full member
Activity: 1330
Merit: 100
C O M B O
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.


depending on your perceptions to judge it
I am sure friends here have been interested in sharing insights and opinions. but I think the bitcoin and altcoin are the same. same from the kripto cardiak class. yes it is essentially a virutal currency.
sr. member
Activity: 1876
Merit: 264
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
There are several things that distinguish between bitcoin and altcoin and I think bitcoin is the first icon or virtual currency created with the highest asset value when compared with altcoin. whereas altcoin is a collection of several new types of coin that function as complement of bitcoins that already have higher popularity. so I think how much people invest in altcoin but in the end they will still choose the bitcoin that does have tremendous asset value.
newbie
Activity: 138
Merit: 0
All coins are called altcoins except the BTC that was the pioneer to enter in this market.
... Yes obviously all coins are called altcoins/alternative coins except bitcoin, Because bitcoin is the first cryptocurrency invented while in all next to bitcoin are all altcoins.  All altcoins adopting the concept of bitcoin through blockchain. Mostly got  same the best answer.
member
Activity: 826
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Bitcoin is the mother of all altcoins in my own opinion. The first and the original digital money and the foundation of the rest of all altcoins development.
newbie
Activity: 109
Merit: 0
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
There were only minimal difference between the two though altcoin comes with the improvement which the bitcoin lacks, bitcoin developer maintain the high level of innovativeness making sure that bitcoin will still remain the top crypto currency .
full member
Activity: 588
Merit: 103
In a simple explanation bitcoin is the mother and they have many children which is altcoins.
newbie
Activity: 79
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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. Also, consensus flaws could lead to the bitcoins natural death.

While bitcoins, with community desires, can add utilities similar to those found in altcoins, most cryptocurrency traders prefer to put their trust in a tried-and-tested model rather than having it incorporated as a test drive.
member
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The P2P Marketplace For Digital Content
Altcoins are any currency other than bitcoin,bitcoin was the first cryptocurrency and it was the foundation of all the cryptocurrencies in the market today,if bitcoin does fail all of these altcoins would fail too,that is why most of the investors are keeping their money to bitcoin becaus they know that bitcoin will dictate on how the market will do.
member
Activity: 256
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JOIN THE NEXT MEGATREND IN CRYPTO
Bitcoin is the foundation and it is the first of its kind,the first cryptocurrency has the world to know about which means it is the main foundation of the cryptocurrencies today,altcoins are any coin other than bitcoin these coins are the successors of bitcoin which meant to be the upgrade version of bitcoin but it doesnt seems to be happening that way,as you can see many shit projects are keep poping out from nowhere because they just want to raise so much fund then will run away from these investors at the end.
newbie
Activity: 196
Merit: 0
Bitcoin is the “original” cryptocurrency and ultimately responsible for the invention of blockchain technology. It basically was (and still is) a beta test of the technology, and it doesn’t actually work all that well. Many bitcoin evangelists now refer to it as “digital gold” or a “store of value” since it basically no longer works as a currency for most people.
Altcoins 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.”
full member
Activity: 308
Merit: 156
Bitcoin is the first crypto currency that was created in 2009. After that another crypto currencies mostly based on BTC blockchain were created. So they are now called alternative. Bitcoin is the main coin and all other coins are alternative.
sr. member
Activity: 462
Merit: 260
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Bitcoins are the first crypto currency. And this is also the highest price in the crypto market. Here most of Altcoins depend. So if the bitcoins disappear, the altcoins may collapse and the price drops.
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
Altcoins are alternatives to Bitcoin, they serve the same purpose and function the same way(though there are other differences here and there like the encryption used etcetc.)
newbie
Activity: 150
Merit: 0
The most striking difference between the two for me seems to be to note a difference between Btc as the apex or first coin in the evolutionary Blockchain technology and every other ones that came after it like ETH and the rest.
full member
Activity: 196
Merit: 101
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

The main difference is that you can redeem mainly BTC and Ethereum.
If you have any altcoins, you have to change them to either of them to redeem.
Yes, probably this is the biggest difference between bitcoin and ethereum and other altcoins. It is with this difference that most people come across. All other differences are in the nuances of using the block chain technology.
member
Activity: 336
Merit: 10
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

the difference between bitcoin and altcoin is from demand and technology factors that bitcoin use is very different, and not only that the total supply affects the bitcoin price movement.
full member
Activity: 347
Merit: 100
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

The main difference is that you can redeem mainly BTC and Ethereum.
If you have any altcoins, you have to change them to either of them to redeem.
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