Bitcoin Forum

Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.

Do all of you understand what "alt" means? It stands for alternate.

So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.

Bitcoin is also an alternate to other technologies.  I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.

So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.

This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.

bitcoin was the first one, so everything else is altcoin. 8) 8)

Bitcoin is the Cryptocurrency.
All the others are Alternative Cryptocurrency.  ;)

Uhm..... no.  Bitcoin is a cryptrocurrency and altcoins are cryptocurrency, but Bitcoin is not an altcoin.  The "alt" means "alternate to bitcoin".

Bitcoin is Bitcoin and all other coins are alts. 

cryptopath the under 18yo kid that doesnt think before he posts, has yet again started another topic that has no purpose but to make him look worse then people already believe he is.

..  mods please lock these boring and pointless topics that make no sense and offer nothing insightful

Exactly what I expected once you have no way to argue with my irrefutable facts you try to change the subject with completely irrelevant information and then try to call in the mods to help you.

Use your head for once man, you might learn a thing or two.

I let the innovatives of altcoins test by others, and only if the altcoin take substantial Bitcoin market share Im gonna look more in detail for the altcoin. So far nothing interesting popped up, Bitcoin market share still way above 90%

I saved a lot of time (and Bitcoins :)) following this strategy  

Bitcoin isn't an alternative to Peercoin.. Peer coin is an alternative to Bitcoin.

Do you know what the word alternate means?

I don't think so. Bitcoin is the main crypto and all others are alternatives to it. Why fight over it though?

Uhhh... ok.

If you were here in the beginning you'll know the term alt came about once other coins started appearing (Ixcoin, I0coin etc etc)

Thing is, sure there is innovation in some of the new coins, but MOST of the time.. it is "just another alt shit clone"

Feel free to get off you pedestal anytime now.. not sure who your target audience is with this post.. believe it or not there are people here that are much smarter than you...

But btc were 1st, that mean that alt, it's all currencyes after btc, and btc it's a core of crypto currency, much usefull for many people. Btc Community is bigger then any alt community. After that, we are using name alt. Don't hate it, if you don't understand that.

And of course, ALT = Alternative and not Alternate

http://www.oxforddictionaries.com/words/alternate-or-alternative

 ;)

Bit coin was the first cryptocurrency to be introduced.
Alt coin simply means it's an alternative cryptocurrency other than BTC.

Cryptopaths is an expert troll.

This. 

Thread won.

I agree with you.

Bitcoin is the desirable alternative coin to Peercoin, and Peercoin is the less desirable alternative coin to Bitcoin.

ppl still keep feeding this fcking troll?

can you all do the community a favor and ignore the troll so he stop making this kind of threads?

Its like talking to a barking dog, you're just wasting your time and encouraging the barking behavior.

And i'm extremely sorry to all the k9 outthere for comparing this troll to you guys.

there's no room in the cryptocurrency markets for coins other than Bitcoin ...

All the speculation/hype is fueled by speculation/hype.  Nobody is actually USING the altcoins, other than hoarding them in the hopes they go up. Hell, people are just barely using Bitcoin itself.

Bitcoin is the first true crypto currency and all the other projects inspired by it are alt coins.

Even Monero, which I support, is an alt coin, even though it is completely different from Bitcoin and shares no code at all.

Most alt coins are complete crap, however some alt coins are superior to Bitcoin in some ways, so don't take offense to these coins being called alt coins.

Being called an alt coin is not in any way derogatory.

I don't know whether he is a troll. He is telling logically. We usually call other coins as ALTs but it can be used vice versa too though it isn't really possible. Both YES and NO for the statement is true in a different way of thinking. ::) :)

  ~~MZ~~

With this logic, fiat is an alt of bitcoin.

OP has been corrected.

The OP doesn't understand with what he's talking about.
"Alt"coin means Alternate from bitcoin.
Why is the bitcoin doesn't called as Altcoin? Because Bitcoin is the first Cryptocurrency.

I appreciate with you. Bitcoin is the first Cryptocurrency and all others are alternatives to it. It's simple.

The name of the topic made me sad. But i'm still waiting for an interesting discussion.

Bitcoin was first and most used, most valued coin. Its the boss, so other coins can be called alt coins :)

The one who created the original system is the original cryto as Sampey and others have said
The rest of them are alt-coins if they use the same types of codes to resolve the double spending problem.

That said what we can define is a non-btc Variant would not be an altcoin
Bitcoin based vairants are altcoins
http://mapofcoins.com/

Well, if you take a look at all the threads that he started, most are pretty nonsense.
Satoshi was murdered, evidence coming in?  ::)
The first statement doesn't make sense at all. Bitcoin was first, anything that comes after is an altcoin, end of story.
You can deny it as much as you'd like but it's hopeless.

Why does Bitcoin need saving?

This is exactly right. The reason altcoins are called altcoins is because they are alternative coins to bitcoin. They are always inferior to bitcoin as their network security is much weaker (lower hashrate). To say that bitcoin is an altcoin is like saying that bitcoin is an alternative coin to itself.

Thanks for the heads up franky,  another added to the ignore list. 
carry on

Bitcoin is an alternative, but NOT to Peercoin. It's an alternative to fiat money. The word alternative means that it was thought as another solution to a current problem. When Bitcoin was created, Peercoin didn't even exist, so logically it can't be an alternative to that.

Altcoins are majorly used by people who are:
1) Fans of that coin
2) Daytraders
3) Bots
4) Holders/investors/"hopers"

Conclusion: bitcoin is master coin

I agree with you that Bitcoin is also an altcoin under the meaning of new technology in the cryptocurrency.

IT IS A NICE TRY...

but honestly when you come on here and have a rant about how bitcoin is an alt coin is not true. the alt part of it is talking about how other coins copy and paste their source code from bitcoin or take most of it or some of it and just tweak it. there is a reason bitcoin is at the top and all the others are at the bottom right now.

Bitcoin is the mother of all Altcoins, dude.
 ;D

I really don't understand the logic behind the OP either. Bitcoin will always be superior to other altcoins because of the strength of it's network.

Bitcoin was the first coin, bitcoin is the king. So all reference will be made with BTC. Its not an actual alternative, but relative.

he's hiding out again from the Altcoin section LOL

An altcoin is a coin that's an alternative to Bitcoin.

https://en.bitcoin.it/wiki/Altcoin

Therefore, Bitcoin cannot possibly be an altcoin as nothing can be an alternate to itself.

Bitcoin is the queen in the network.... long live to the queen!!!.

HAHAHAH THANK YOU!! +1000
Thats how I feel every time someone calls Ethereum "SCAM COIN!!"

I don't understand how one thing is related to the other. Besides, we have already stated that the meaning OP is giving to “alternate” is not the real one (or the one everyone else agrees with).

is that right?

I thought I was in the Bitcoin forum. My mistake.

Its an altcoin with respect to other coins but frankly speaking, it has become a trend, thats what you are talking about.

Funny thinking :) Bitcoin is the first crypto is the crypto! Anything else is secondary and not considerable as BTC

It's going to be in the very distant future if 'stupid' coins are being released like the ones that we had/have so far.
It's obvious that nothing will last forever, but it depends on how long it will last. Look at banks, Microsoft OS dominance?
Also it seems like people don't get this forum/it's name at all.
It's called BITCOINtalk for a reason.

I think the term is based on the software development.  The code is being developed under Bitcoin and the "altcoins" take that code and make some changes to provide an alternative but they depend on the development of the Bitcoin project for updates.

It was not actually the first one, I remember there were other people trying to come up with a similar thing.
Bitcoin was the first one to do it right tho, and get the bigger adoption. SO yeah, I could understand people that say its the first one.