Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: heroson on June 28, 2016, 01:41:24 PM



Title: can we convert altcoin to bitcoin
Post by: heroson on June 28, 2016, 01:41:24 PM
no clear concept about altcoins so want some help from u guys.


Title: Re: can we convert altcoin to bitcoin
Post by: bL4nkcode on June 28, 2016, 02:00:48 PM
no clear concept about altcoins so want some help from u guys.

That's what you called trading dude, you can convert any altcoins to bitcoin using some trading site like yobit.net, bittrex.com and poloniex.com.
You can buy some altcoin from that said sites with low price and sell it in high price but time will matter in it and sell in a right timing also. And you have to study that coin before you sell it.


Title: Re: can we convert altcoin to bitcoin
Post by: newIndia on June 28, 2016, 02:04:08 PM
no clear concept about altcoins so want some help from u guys.
There are sites for instant conversion, e.g. https://shapeshift.io, https://coinomat.com etc.


Title: Re: can we convert altcoin to bitcoin
Post by: DoublerHunter on June 28, 2016, 02:05:44 PM
Yes you can convert altcoin to bitcoin with the help of altcoin exchangers like yobit,ccex, poloniex and many more. Just pick one site and explore it to find out if the altcoin that you have is counted on that site. But for me converting altcoin to bitcoin now is a not a good one because the price of altcoin are always depending on bitcoin so if the bitcoin has a high price like now usually the price of altcoins are cheap or lower than what you see before. But it's always up to you ;D.


Title: Re: can we convert altcoin to bitcoin
Post by: Posum578 on June 28, 2016, 02:07:18 PM
no clear concept about altcoins so want some help from u guys.

Yes you can, it called selling
When you have altcoin you can sell it to bitcoin at market cryptocurrency exchange
or if that coin dont yet get market you can sell it in altcoin marketplace section in this forum


Title: Re: can we convert altcoin to bitcoin
Post by: asriloni on June 28, 2016, 02:30:50 PM
actually altcoin was made for becoming trading tools in order to get profit from it and at the end the altcoin user will convert it to bitcoin again so all altcoin can be converted to bitcoin as long there's still buy order in the market


Title: Re: can we convert altcoin to bitcoin
Post by: tiffyroman on June 28, 2016, 02:42:49 PM
Cex, Poloniex, YoBit, etc.
These are just some trading platforms that you can convert your alts to bitcoins or the other way around. Altcoins are there and enabled trading cryptos.


Title: Re: can we convert altcoin to bitcoin
Post by: avikz on June 28, 2016, 02:45:52 PM
That is a very easy thing brother! We have so many exchanges nowadays running in the market. Like c-cex or yobit.

Create an account with any of them. Send your altcoins to your exchange account and sell it for bitcoin. How easy it is. This is also called basic trading in other hand.


Title: Re: can we convert altcoin to bitcoin
Post by: shinratensei_ on June 28, 2016, 03:31:31 PM
no clear concept about altcoins so want some help from u guys.
Well, checking about your alt coin at first does they have a market exchange or not in some market exchange. If they have a market exchange you can exchange your alt coin into bitcoin with deposit your alt on exchange market site or market wallet and try to sell your alt account into BTC, maybe you will get a little fee for this.


Title: Re: can we convert altcoin to bitcoin
Post by: raphma on June 28, 2016, 03:57:13 PM
like has been said, is pretty simple, just go to an exchange and do as you want.
but be careful with the fee's, a few exchanges have higher fees to put a order and a withdraw/deposit fee, so watch that.


Title: Re: can we convert altcoin to bitcoin
Post by: Jeremycoin on June 28, 2016, 04:08:17 PM
Convert? Do you mean like changing it into another form/status? Well you can't do that. But if you what you mean is trading (sell your altcoin into Bitcoin/otherwise), well you can do that at some exchanger.


Title: Re: can we convert altcoin to bitcoin
Post by: romero121 on June 28, 2016, 04:12:40 PM
Altcoins are digital currencies which existed following the technology initiated by bitcoin. Only very few altcoins have survived long. Altcoins rise at certain time, so at that time users try to make profit with the use of trading in return for bitcoin.


Title: Re: can we convert altcoin to bitcoin
Post by: lucsky on June 28, 2016, 04:17:01 PM
no clear concept about altcoins so want some help from u guys.

Hey Buddy, what's up?!

Think of it this way: you live in England and has 100 pounds in your wallet. You will make a trip to France, a country whose currency is the Euro. How do you "convert" their pounds into euro? you go to a Exchange, right?

Just as conventional currencies, you can sell your bitcoins in exchange for altcoins. The opposite is also possible! Just you make a member of an Exchange (preferably reliable, as Poloniex), transfer to the portfolio of deposit, and make the trade.

I hope this helps.  :)


Title: Re: can we convert altcoin to bitcoin
Post by: wintermeasures on June 28, 2016, 04:21:13 PM
no clear concept about altcoins so want some help from u guys.


Of course you can, but it is more commonly known by the trade. you buy altcoin with bitcoin you have, with it you have altcoin: D Thank you
You can buy altcoin with bitcoin at some sites exchanger https://yobit.net/ (https://yobit.net/) , https://poloniex.com/ (https://poloniex.com/) , https://www.kraken.com/ (https://www.kraken.com/) Thank you


Title: Re: can we convert altcoin to bitcoin
Post by: bitdumper on June 28, 2016, 04:24:39 PM
there are plenty of exchanges avalible where you can trade your bitcoins or your altcoins for bitcoin or altcoins. i will suggest yobit.net , btc-e.com these type of sites where you can exchange your money


Title: Re: can we convert altcoin to bitcoin
Post by: LuckGone100 on June 28, 2016, 04:26:17 PM
yeah it's easy lol... use any exchange site for altcoin to bitcoin.i prefer goldux it's best exchange than other !


Title: Re: can we convert altcoin to bitcoin
Post by: calkob on June 28, 2016, 05:04:21 PM
All you have to do is send your bitcoin to an exchange (a trusted one) and from there you can then exchange for altcoins or vice versa.....


Title: Re: can we convert altcoin to bitcoin
Post by: Raimonn on June 28, 2016, 05:25:59 PM
Its possible to convert altcoins to bitcoins on websites like shapeshift, in this case you will need a bitcoin wallet address. Or trade altcoins for bitcoins on exchanges, the exchanges will create bitcoin address for you. In both cases there is a fee for the service.


Title: Re: can we convert altcoin to bitcoin
Post by: Kprawn on June 28, 2016, 05:31:27 PM
Just a warning... type your URL to these sites --> https://yobit.net/ or https://poloniex.com/ or https://www.kraken.com/ because there are a chance that you may end up at a wrong address or one that has

been created to spoof the real one. Also make sure to enable some form of 2FA to protect your account. DO NOT keep large amounts of money on these sites, because it can be hacked and you will lose money

when it happens. Good luck, it's a mine field out there...  ::)


Title: Re: can we convert altcoin to bitcoin
Post by: abugseuf on June 28, 2016, 10:55:15 PM
i know about the one coin which we can easily convet in to bitcion and so can covert btocin into one coing. but very honestly i have no idea about alt coin if it can be convert into bitcion or not.


Title: Re: can we convert altcoin to bitcoin
Post by: quentincole32 on June 28, 2016, 11:44:43 PM
no clear concept about altcoins so want some help from u guys.
its impossible to convert altcoin to bitcoin,altcoin just alternative,its will not have same algorithm and crypto structure with bitcoin. the only way to convert altcoin to bitcoin is trade it on exchanges.


Title: Re: can we convert altcoin to bitcoin
Post by: grim007 on June 29, 2016, 12:11:58 AM
the word itself will help you. altcoin means alternate coin to bitcoin


Title: Re: can we convert altcoin to bitcoin
Post by: Hohenn on June 29, 2016, 12:36:02 AM
That's what exchange sites are for. But yeah be careful with those ''copy-cat'' sites, make sure you type the URL correctly.


Title: Re: can we convert altcoin to bitcoin
Post by: groll on June 29, 2016, 12:38:10 AM
no clear concept about altcoins so want some help from u guys.

Like bitcoins altcoins are still cryptocurrency and they work like just bitcoins do. But right now bitcoin is the most profitable but if you want altcoins you can just swap or convert or trade btc to altcoins such as doge, litecoins and others. You can even swap altcoins to bitcoins anytime. All you need is a trading platform to trade your cryptocurrencies and you are ready to go.


Title: Re: can we convert altcoin to bitcoin
Post by: sulendra12 on June 29, 2016, 12:57:49 AM
You can , we calling with Trading . Famous sites is yobit , poloniex , c-cex..
But , be aware with copy-cat sites , and fake trading (because many site run shitty and fake coins )..
You can see in the comment above for the site , also be aware for any kind of scam and malware.


Title: Re: can we convert altcoin to bitcoin
Post by: patronis on June 29, 2016, 01:01:32 AM
You can , we calling with Trading . Famous sites is yobit , poloniex , c-cex..
But , be aware with copy-cat sites , and fake trading (because many site run shitty and fake coins )..
You can see in the comment above for the site , also be aware for any kind of scam and malware.

Funny you mention shitty, fake etc. because I know there are tons of coins that are broken on YoBit... lol. Poloniex is where it is at.


Title: Re: can we convert altcoin to bitcoin
Post by: The Sceptical Chymist on June 29, 2016, 01:15:21 AM
It would help if you formulated an intelligent question about exactly what you'd like to know about altcoins.  But as others have said, you join an exchange, you can trade whatever coins you want for bitcoin.  It's pretty damn easy, and it's fun when the markets are a-roiling.  Like now.  Be careful though, because it's very easy to lose everything you have.  The altcoin market is so much more volatile than stocks and those sorts of things.


Title: Re: can we convert altcoin to bitcoin
Post by: DoublerHunter on June 29, 2016, 03:45:22 AM
i know about the one coin which we can easily convet in to bitcion and so can covert btocin into one coing. but very honestly i have no idea about alt coin if it can be convert into bitcion or not.
There are many alt coins out there especially on different alt coin exchanger site like bittrex,poloniex,ccex and many more. Yes you can convert bitcoin to altcoin and vice versa with the help of alt coin trading sites.


Title: Re: can we convert altcoin to bitcoin
Post by: Indrawan77 on June 29, 2016, 03:55:34 AM
I think the easiest way to convert is from exchanger you can exchange a lot of alt coin into bitcoin and you also can exchange bitcoin to alt coin
There are a lot of trading site such as bittrex or poloniex or yobit


Title: Re: can we convert altcoin to bitcoin
Post by: iv4n on June 29, 2016, 04:03:15 AM
no clear concept about altcoins so want some help from u guys.

You can use different exchangers for converting altcoins into btc, or btc into altcoins, you can also trade some coins for dollars, rubles, or euros. I don't know which altcoins you have on mind, but I recommend you to check first is there altcoin you wish to trade with. There is many altcoins, but not every exchange site trade with every coin, so you should be careful when you choosing altcoin and exchanger.
I use yobit mostly, its easy to use and in beginning I was hooked up on free coins. That is my first exchange site and I stayed there, also now I have some referrals and they bring me some money from time to time, noting big but its coming.


Title: Re: can we convert altcoin to bitcoin
Post by: JITENDERPAR on June 29, 2016, 06:22:28 AM
Yes you can do that... You can exchange altcoins to Bitcoins. For this you can try out some exchanger sites which can exchange altcoins to Bitcoins, but you can also try out trading sites which use different currencies......


Title: Re: can we convert altcoin to bitcoin
Post by: Kakmakr on June 29, 2016, 06:52:14 AM
Use the exchangers that supports this forum through advertising first, if you have to make a decision on which one you would be using. The one that is currently spamming the most is Yobit, so if you are against spamming, use one of the others. ^smile^

We need to support the companies, who supports us. ^hmmmm^


Title: Re: can we convert altcoin to bitcoin
Post by: ~Bitcoin~ on June 29, 2016, 07:39:10 AM
Specially depends upon the altcoin you have, if they have listed in any one of the crypto exchanger than you can easily convert them to bitcoin however if those coins have just popped up than you have to wait for few weeks or month to get those listed in exchanger. Some of the big altcoin exchanger are poloniex.com, yobit.net, bittrex.com etc first find if the alt you are intrested is listed or not in those exchanger before grabbing them.


Title: Re: can we convert altcoin to bitcoin
Post by: Piltover on June 29, 2016, 07:50:38 AM
It is not that you can convert altcoins to bitcoins you need to trade altcoins for bitcoins that is what called converting is trading so dont be lazy
search for some good trading sites and trade your altcoins for bitcoins it will not go that easy but try.


Title: Re: can we convert altcoin to bitcoin
Post by: Chrismeister on June 29, 2016, 07:50:39 AM
You can convert altcoins to bitcoins but it is not called converting so you need to trade it with other bitcoins and altcoin users you know you needd to trade
your altcoins for their bitcoins. So if you want to convert use the trade maybe you will get a nice deal.


Title: Re: can we convert altcoin to bitcoin
Post by: cjmoles on June 29, 2016, 07:51:22 AM
Yes we can trade bitcoin for altcoin and altcoin for bitcoin.  In fact, it is quite fun to research the various alternative platforms and play around with the differing functions of each of the technologies.  In some situations it is even possible to actually turn a profit with some of the altcoins before converting back to bitcoin.  However, a vast majority of the altcoins are disfunctional and not worthy of investment.


Title: Re: can we convert altcoin to bitcoin
Post by: Woshib on June 29, 2016, 10:38:11 AM
no clear concept about altcoins so want some help from u guys.
Yes, most Altcoins are in exchange websites, where you can buy, sell, or exchange.
The Altcoins are just cryptocurrencies that came out after Bitcoin.
Most cryptocurrencies are very good for trading, because their price changes a lot.


Title: Re: can we convert altcoin to bitcoin
Post by: Superbitzz on June 30, 2016, 08:55:37 PM
i think yes there are so many exchange where one can covert bitocin to so many other currencies and other currencies into bitcoin. so you can convert altcoin to bitcoin very easily. you can also convert One coin into bitcoin or bitcoin into altcoin.


Title: Re: can we convert altcoin to bitcoin
Post by: Master_dandosha on June 30, 2016, 09:04:18 PM
Yes it is possible when you use exchange for that it is the same story when converting FIAT to bitcoin . but at this time it is better to hold your bitcoin to take note of the market after halving .


Title: Re: can we convert altcoin to bitcoin
Post by: DOGE12321 on June 30, 2016, 09:09:34 PM
no clear concept about altcoins so want some help from u guys.
Obviously, that is the whole concept behind trading. You change Bitcoin to Altcoin or vice versa on the right time and become rich. If this wasn't possible, then there would be no trading.


Title: Re: can we convert altcoin to bitcoin
Post by: calkob on June 30, 2016, 09:24:39 PM
its really easy to learn about, just go to a good exchange like shapeshift or poloniex.  thats where i do all my trades


Title: Re: can we convert altcoin to bitcoin
Post by: agamasrori on June 30, 2016, 11:06:50 PM
Of course we can, but the way to change altcoin to bitcoin is by trading, just play in there and then you will get chance to get profit. I mean if you smart enough you will get more bitcoin.


Title: Re: can we convert altcoin to bitcoin
Post by: Sled on July 01, 2016, 07:30:24 AM
You can convert altcoin to bitcoin or vice versa with the help of alt coin trading site just like poloniex, bittrex and many more just go to one of that sites and sell you altcoin for bitcoin. Just a reminder it's better if don't sell your coins because their value is cheap because of the price of bitcoin.


Title: Re: can we convert altcoin to bitcoin
Post by: serjent05 on July 01, 2016, 08:56:47 AM
Yes altcoin can be converted to altcoin.  If you visit exchanges like as follows,
https://poloniex.com
https://bittrex.com/
https://novaexchange.com/
http://yobit.net
and alot more not listed, have sell and bid support.  As long as your altcoin is listed in an exchange,  you can sell it to convert to bitcoin.  But there is minimum amount of value in Bitcoin to be able to trade it.


Title: Re: can we convert altcoin to bitcoin
Post by: PokerFace3 on July 01, 2016, 08:59:25 AM
Yes off course you can :) and that's called trading. you can go sites like yobit, bitfinex and similar trading sites you can search in google after which you can jump from one coin to another easily :)


Title: Re: can we convert altcoin to bitcoin
Post by: dothebeats on July 01, 2016, 09:06:55 AM
You probably can with the help of altcoin exchanges. Some traders even profit off of it because of buying and selling altcoins. You can also do it as another way to take profits if you already know trading very well.


Title: Re: can we convert altcoin to bitcoin
Post by: rababo on July 01, 2016, 09:12:56 AM
Yes, of course it can. You can convert your alt coin by sell it on exchanger sites. There are many exchanger sites you can choose, like Poloniex, Bittrex, C-Cex, Yobit, etc. Just choose which one site have your alt coin listed.


Title: Re: can we convert altcoin to bitcoin
Post by: moosemoose on July 04, 2016, 07:08:55 PM
of course you can change it to bitcoin like exchanging sites like ccex, yobit, bittrex, or poloniex


Title: Re: can we convert altcoin to bitcoin
Post by: mehak alam on July 04, 2016, 07:21:34 PM
yes i can convert altcoin to bitcoin very easily using a exchanger.


Title: Re: can we convert altcoin to bitcoin
Post by: krishna1 on July 06, 2016, 06:10:31 AM
Yes bro you can Convert altcoins to Bitcoins by joining some sites where you can trade cryptic currencies, I personally used http://yobit.net for trading altcoins and here you can convert your altcoins to Bitcoins....


Title: Re: can we convert altcoin to bitcoin
Post by: MFahad on July 06, 2016, 06:24:53 AM
You can convert altcoin to bitcoin or vice versa with the help of alt coin trading site just like poloniex, bittrex and many more just go to one of that sites and sell you altcoin for bitcoin. Just a reminder it's better if don't sell your coins because their value is cheap because of the price of bitcoin.

Yes, you may convert alt-coin to bitcoins and vice versa. The  point here is to buy altcoins when their prices are low and sell at high prices.
and you may get the benefit and profits.


Title: Re: can we convert altcoin to bitcoin
Post by: romero121 on July 06, 2016, 06:28:08 AM
These days most of the exchange websites have been providing this service. So any digital currency can be converted to other form of digital currency depending upon the value each currency holds.


Title: Re: can we convert altcoin to bitcoin
Post by: BitcoinPC on July 06, 2016, 06:33:03 AM
You can convert altcoin to bitcoin or vice versa with the help of alt coin trading site just like poloniex, bittrex and many more just go to one of that sites and sell you altcoin for bitcoin. Just a reminder it's better if don't sell your coins because their value is cheap because of the price of bitcoin.

Yes, you may convert alt-coin to bitcoins and vice versa. The  point here is to buy altcoins when their prices are low and sell at high prices.
and you may get the benefit and profits.

Most of the people know this simple business rule of buying at low and selling at high but most of the people does not know the  altcoin they are investing, will it price will rise in future or not and end up in a wrong investment.

The thing to look for is the Market cap of the Coin, which not many people know about. If the market cap of a coin is high, there is a lot of chance that this coin will give you benefit if you invest in it.


Title: Re: can we convert altcoin to bitcoin
Post by: dearbesz1219 on July 06, 2016, 04:41:15 PM
certainly,  Yes! We can convert altcoins to bitcoins.  Once you have Altcoins trade first into exchange it depends where altcoins listed in the exchange, then once it sold out it will automaticaly convert into btc. ;)


Title: Re: can we convert altcoin to bitcoin
Post by: From Above on July 06, 2016, 04:44:55 PM
Have u guys used ShapeShift? I think it's a very good service, very reliable too.

Never had any of the problems on many other Exchanges

~CfA~