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Author Topic: I'm new here,what is altcoin  (Read 500 times)
Smitty Werben Man Jensen
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July 05, 2020, 05:20:16 PM
 #41

it's easy to get to know Altcoin, altcoin is a coin other than Bitcoin, like Ethereum, BNB, XRP, XMR etc.,
but there is also a for Shitcoin, I didn't mention it because it might be a fud  Grin

tbterryboy
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July 05, 2020, 05:58:45 PM
 #42

I am reading so many comments about alt coins and all of them are almost similar which makes me feel so strange, I mean the OP has never replied to any of the posts at all and if he was genuinely interested he would have asked some further questions or at least appreciated the answers. This looks like someone creates a thread for others to post and have no actual interest of knowing something.

Please guys before you answer to the same question read a few replies and if someone has already answered what you are going to post, just avoid posting it completely please.

Anyone who wants to know what is alt coins and why do they exist can actually google and see a few videos rather than asking here, I am not being violent but stating facts as they are.
filterMX
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July 05, 2020, 06:04:23 PM
 #43

BTC and ETH are two coins that have good prospects for long-term investment, one of the differences between the two is that ETH is still following the price movements of BTC.

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Paycoinzzz
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July 05, 2020, 06:32:13 PM
 #44

As far as I know, BTC has its own technology platform and it is considered the market's first coin and also the highest value coin. That's why people call it Bitcoin with respect. for altcoins, it also has its own technology platform and can be fully upgraded at will, while bitcoin does not. That's the difference between alts and bitcoin. if i misunderstand someone could explain it to me, thanks.
tbterryboy
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July 05, 2020, 07:57:22 PM
 #45

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.
I know a lot of people have already answered but I would try and explain in as simple language as possible so that anyone who is new can understand why alt coins are made and how they differ from BTC. So, basically altcoins or alternate coins are just like you compare 2 e-commerce platforms and they both offer different benefits. There is no actual reason why we need a altcoin when we have bitcoins but having more coins make the market more competitive and liquid.

A lot of coins are being created because anyone can develop their coins and there is minimal investment to make a coin but big efforts are needed if you are actually serious about the project as a whole.

I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.
That's true and no one is violent towards anyone in the forum it is just that so many threads of the same type are created that people get mad and feel frustrated but then this is a open forum and you are welcome to ask questions and express your opinions.
B.wealth
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July 12, 2020, 02:19:54 PM
 #46

Altcoin is any other coin founded after Bitcoin, e.g Eth, Bnb, XLM, EOS etc. You can learn more about cryptocurrency coins by reading more about all the top coins online, and how blockchain works generally. YouTube videos can also help.

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