Topic: Why calling other currencies altcoins ? - page 2. (Read 331 times)
When there is a genuine competition to bitcoin then the names can change, but as there is only one dominant coin in the crypto world then the others will have to be categorised under one umbrella i.e. the altcoins.
All the coins that altcoins. This alternative coins bitcoin. One bitcoin is not altcon. All the other altcoins.
They are called altcoins because they are alternative coin to bitcoin which is the foundation of crypto.
You are right that some cryptos may have really diversified from Bitcoin but the truth still remains that Bitcoin is the crypto pioneer. Every other coin should live with the altcoin tag because one way or the other they are building on what Satoshi started using the blockchain technology. These other coins are alternative to the bitcoin.
What is wrong with calling them altcoin? 
Because they are not first coins in crypto world they are only an alternative to the first coin, bitcoin. I think it is a quite acceptable reason.
Because they are not first coins in crypto world they are only an alternative to the first coin, bitcoin. I think it is a quite acceptable reason.
Currently all the new ICO are trying to develop platforms with different use case than Bitcoin, not similar at all, why people keep calling them altcoins although they are not alternative?
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