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Topic: What is the difference between altcoin and bitcoin ?? - page 4. (Read 644 times)

hero member
Activity: 3066
Merit: 577
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Bitcoin is the cryptocurrency that has been made by satoshi and no one knows where he is right now. Despite his absence, the success that bitcoin is reaching right now is very impressive. With altcoins, you can have a bunch of options but many of them are not worth to invest. While in bitcoin, every amount that you will invest is worth it. Alts can be gone and go low in volume while bitcoin, the majority of the community looks forward to its success and even it swings, no worries because it's pretty normal.
hero member
Activity: 1498
Merit: 785
Altcoin and Bitcoin have differences in many ways. The method of distributing coins and the economic model used by altcoin is also different from Bitcoin. The mining algorithm used also uses different methods.

The price of Bitcoin is also more stable compared to Altcoin because many investors are investing in Bitcoin so that it makes the volume even higher.

Unlike Altcoin, the price is unstable or more volatile due to the lower altcoin market. The Altcoin market is also vulnerable to price manipulation by various groups to get a lot of profit.
full member
Activity: 1330
Merit: 147
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
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You'll never know the differentiate of them if you only make a post on bounty thread (just see on your post history and most of your post only made on bounty thread). There are a lot of information what altcoin is and what bitcoin is. Just active on local board discussion or active on beginner and help and I'm sure you will know them.

If you don't do that and just focus on bounty campaign you will be fooled of it. I guess the people on this forum have known the type of bounty. Don't be weird if you get nothing from it just because you are promote scam bounty even bounty campaign who pay you but the token is not worth.
sr. member
Activity: 406
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I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin

If you want to have some detail then just search it then you can also input bitcointalk because there are some newbie right here before who ask like question you do.

If you have a question go to beginners and help to learn some more.
full member
Activity: 1344
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I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin
Simple, the difference between bitcoin and altcoin, bitcoin is a first cryptocurrency and the altcoin is a short name of alternative coin, after success launched of bitcoin there are many altcoins have been created like ethereum, litecoin, dogecoin, neo and etc.
sr. member
Activity: 770
Merit: 253
Bitcoin is the King of all cryptocurrency so it is dominance and still the number one despite of thousands of crypto that is showing in the market.

Altcoins are other coins/tokens aside from Bitcoin, as simple as that. Almost all coins/tokens differs in use cases. There were altcoins that trying to be on top too but still they can't defeat Bitcoin.
sr. member
Activity: 1092
Merit: 284
I think it's easy to distinguish between Bitcoin and Altcoin, but if you ask this forum then the answers from them will be different, so if you want to find it easily, please search on google because there will be clear details, but my advice is you have to be active on this forum so they know what bitcoin and altcoin are, and of course they are very different.
hero member
Activity: 1274
Merit: 500
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin

Bitcoin is the very first blockchain crytocurrency ever created, the other coins named altcoins in segregation to the level of the projects from bitcoin. That's the people nature whoever do first will always be remember, unlike the one follows after that. For me not much difference in terms of tech since altcoins have known their tech or idea from bitcoin basically same use cases. But altcoin can be modified on usage they wanted to like incorporate in different real world situations.
Bitcoin plays a very important role in this market because all volatility depends a lot on Bitcoin so this is the only stable coin in this market. Most altcoins have no value in investing and are just a tool for people to make money so it is best if you choose to invest safely, only Bitcoin is the best choice in the bear market. It is possible that Bitcoin has obsolete technology but is still chosen by many because no one can attack the blockchain technology.

Personally, I am still investing and will continue to invest in this market in the future because the crypto market has many good opportunities for me to make money and will always hold Bitcoin for a long time.
legendary
Activity: 2128
Merit: 1775
What is the difference between Bitcoin and altcoin in more detail Huh
If you often read and feel like learning, surely you will find the difference between Altcoin and Bitcoin.

1. Broadly speaking the meaning and meaning of Altcoin are: https://www.google.com/amp/s/whatis.techtarget.com/definition/altcoin%3famp=1

2. And one more difference between Bitcoin, the meaning of bitcoin is: https://www.google.com/amp/s/whatis.techtarget.com/definition/Bitcoin%3famp=1

I hope the two meanings of Altcoin and Bitcoin above can provide true meaning to you.
Keep looking and asking friends or cryptocurrency communities about Altcoin and Bitcoin.
I am sure you will succeed in the world of crypto with your study.
full member
Activity: 1232
Merit: 186
No offense mate but what are you asking is a little bit broad. Did you even try first to make a research about it? I advice you to do it own your own first because some of the members here don't tolerate spoonfeeding Grin.

Anyway, let me give my own answer for your question. Bitcoin and altcoins both fall as cryptocurrency. Let's just say that btc is the pioneer and the rest is a copycat Grin (but some of them really got interesting features tho which btc don't have).
sr. member
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I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin

There is only one Bitcoin. Only Bitcoin is Bitcoin. Anything else that is not Bitcoin or has a Bitcoin in its name but is not Bitcoin is an altcoin. That is the most basic difference. That is why they are called altcoins because they are alternative cryptocurrencies. Alternative to Bitcoin in other words. Bitcoin is used as a currency, a mode of payment that can be used instead of fiat. Altcoins have different purposes. Some are used for their own ecosystem, some are made for the sake of privacy, and some are used for gambling.
sr. member
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I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin

Bitcoin is the very first blockchain crytocurrency ever created, the other coins named altcoins in segregation to the level of the projects from bitcoin. That's the people nature whoever do first will always be remember, unlike the one follows after that. For me not much difference in terms of tech since altcoins have known their tech or idea from bitcoin basically same use cases. But altcoin can be modified on usage they wanted to like incorporate in different real world situations.
member
Activity: 700
Merit: 10
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin

Coins other than bitcoin are called altcoin because bitcoin is the main currency in the cryptocurrency market. Bitcoin is the first choice because bitcoin is a pioneer in the field of cryptocurrency besides bitcoin is a coin that has the largest market cap value
hero member
Activity: 1274
Merit: 519
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Bitcoin is considered as the main cryptocurrency since it is the first cryptocurrency to become successful. Altcoin, on the other hand, has a lot of variation since each of them is uniquely created for different purpose and each has their own unique function and feature. This forum will be a great help for you to explore about cryptocurrency and blockchain.
jr. member
Activity: 784
Merit: 6
The most decentralized coin in the cryptosphere is bitcoin and it is the pioneer that has prepared the ground for others to come in.
Altcoins are those coins that were created starting fromm 2013,  including all tokens using the block chain of others.
legendary
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What is the difference between Bitcoin and altcoin in more detail Huh

I think it is an easy question and you definitely can find out the answer only by googling or using "search feature" in this forum.
Even if you are a newbie or beginner, I suggest you try to find out yourself first before asking.  Smiley
sr. member
Activity: 1190
Merit: 306
Apart from Bitcoin and its forks(https://en.wikipedia.org/wiki/List_of_bitcoin_forks), all the remaining coins and tokens are altcoins. Since BTC was the first to be created, the ones created after that are called altcoins(alternative coins).
That's it in a nutshell, and I couldn't have stated it more succinctly.

Op, you need to be aware that the vast majority of altcoins (everything that isn't bitcoin) are pure crap and aren't worth owning.  You ought to take a look at coinmarketcap.com and look at some of the coins with the highest market cap, ie, the total value of all of a particular coin that's on the market.  Usually the rankings on there are a good indicator of a coin's 'quality' but not always.  Tether is very high on the rankings but it's a stable coin and in my eyes it isn't worth owning.

Tokens aren't really altcoins because they don't have their own blockchain.  They exist on the Ethereum platform usually, and in my opinion most of them were created by scammers.
full member
Activity: 1176
Merit: 162
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin
You can find the details and answer about this on google.
But let me tell you something, Everything created after bitcoins is called "altcoins". Which means bitcoin is the king altcoins are just the fruits but not all fruits are good right. Altcoins have the ability to fit on our daily needs, create some dapps. Etc.
member
Activity: 364
Merit: 10
Bitcoin was the first decentralized, digital coin first introduced in cryporcurrency for transaction. I can say bitcoin is the father of cryptocurrency while altcoin is an alternative coin created after bitcoin and the price is also influenced by the price of bitcoin.
member
Activity: 854
Merit: 10
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail Huh
thanks admin

Bitcoin was the first and ever recognised digital cryptocurrency, others that were created after bitcoin, irrespective of their names and blockchain, they are all called altcoins.
So simply put:
Alt = Alternate
And together it is alternate cryptocurrency, called altcoin.
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