Can you explain what is altcoin?

[densuj]

The coins except bitcoins, usualy they be made for some aim are like, fixing weakness of bitcoins or offering new innovation in digital coins. But mostly altcoins be made just for taking profit by the developers, there are not clear aim about the coins and there are not fungtion of coins.

[darety1]

I'm really interested what will happen with the alternative coin in the future. I'm not sure that altcoin has future, bitcoin is more real, it already costs a lot. But it's too hard to get bitcoin and this is a great problem.

[ricku]

In a simple explanations the word altcoin came into existence after bitcoin, litecoin and other early crypto have been created and the quest for people to further made their own coin and it means alternative coins.

[dearbesz1219]

What is altcoin can you explain in steps ?

Altcoin for me is a clone digital currency who copy paste the original digital currency which is Bitcoin. They will do the same procedure system like bitcoin but the difference only was the price value , and majority of them which is altcoin mostly got a low price only.

[Spoetnik]

i am the only one as predicted who replied here basically.

Every other comment is a variation on the same exact EVASIVE reply.
They all just lined up to fire off the obvious explanation.

A retard chimp can tell an Altcoin is an alternative to Bitcoin.. so.. Super Mega Colossal Ultra DUH  

The heart of the issue at hand is what makes a crypto-currency ? (Altcoin)
And NONE of you would touch that.. you hid under your bed or are just dumb.

It's funny guys because i am really not that bright at all but you consistently make me look fucking Mensa.
i am ALWAYS the only one who has the bloody balls to say the truth.

While the entire scene acts like shady losers and then gets evasive hiding or making poor excuses for bad shit.

This topic here and more specifically the replies it got personifies the Altcoin scene.. and "coins'

Big hole in the boat but you will gladly sell tickets to sail on the Titanic with your optimistic greedy shenanigans.
..good luck with that "Investors"  

[disconnectme]

To me "Altcoin is any project/technology using Bitcoin-like technology i.e. blockchain  has it main platform to build/develop it codebase" or any other blockchain base project apart from Bitcoin

[mace15]

AltCoins are basically the name for any alternative cryptocurrency
to the Bitcoin. Altcoins on the other hand, are much less popular,
much less competitive, much less expensive, and can ofter even
be mined by beginners with CPUs.

[Spoetnik]

..and they just keep doing it and then the topic is dropped.
ANY topic that exposes the scammy nature of the Altcoin scene is ignored.

[shinratensei_]

What is altcoin can you explain in steps ?

The alternatives coin are mean the substitution of the main coin are referred into bitcoin with the another technology are offered by the alt coin. I just think it's about the substitution of the main coin. and the alt coin are offering a new development of the technology everyday.

[The Sceptical Chymist]

Altcoins are otherwise known as SHITCOINS, and for a very good reason.  Altcoins are mostly what people buy when they're trying to relive 2012 in the world of bitcoin--and it ain't gonna happen.  Altcoins are what idiots pump out to the suckers on bitcointalk, who usually have their mouths as wide open as they can get, waiting to swallow whatever comes.  But it's all garbage except for litecoin and the early ones.  Those get used.  The rest are just pure crap, and it's hard to argue otherwise.

[danherbias07]

An altcoin is a coin to where you should be careful with. It is so fragile that when you even have a just of it, it can vanish in just a manner of time
Just be wary of the things that will happen to that coin. I am not saying dont use it or dont invest in it. Just be careful.

[Snorek]

Altcoins are otherwise known as SHITCOINS, and for a very good reason.  Altcoins are mostly what people buy when they're trying to relive 2012 in the world of bitcoin--and it ain't gonna happen.  Altcoins are what idiots pump out to the suckers on bitcointalk, who usually have their mouths as wide open as they can get, waiting to swallow whatever comes.  But it's all garbage except for litecoin and the early ones.  Those get used.  The rest are just pure crap, and it's hard to argue otherwise.

Everything you said is true, but I disagree with the usefulness of Litecoin and early altcoins.
Litecoin might be original altcoin but it is still an altcoin and couple upgrades over bitcoin won't make it superior to the original.
Litecoin's usefulness is degrading over time, new aggressive alts like ETH and Ripple are taking its spot.

[dearbesz1219]

What is altcoin can you explain in steps ?

Altcoins is an alternative crypto currencies into bitcoin. At the present time now for what is happening altcoin was being copy paste only that's why of the scammers rises up in the crypto world, which is not supposed to be like that actually.

[sasha456]

It is very easy to understand. Each cryptocurrency that is not BTC is altcoin. But what are forks?

[hakanbalta577]

In crypto-currency world bitcoin is the boss of all the other coins,its the most valued and most used bitcoin having no other coin close to bitcoin right now.So all the other coins instead of bitcoins known as altcoins,which means alternative coins,as the name suggestes they are alternative crypto-currency to bitcoin.

[Spoetnik]

Altcoins are otherwise known as SHITCOINS, and for a very good reason.  Altcoins are mostly what people buy when they're trying to relive 2012 in the world of bitcoin--and it ain't gonna happen.  Altcoins are what idiots pump out to the suckers on bitcointalk, who usually have their mouths as wide open as they can get, waiting to swallow whatever comes.  But it's all garbage except for litecoin and the early ones.  Those get used.  The rest are just pure crap, and it's hard to argue otherwise.

Everything you said is true, but I disagree with the usefulness of Litecoin and early altcoins.
Litecoin might be original altcoin but it is still an altcoin and couple upgrades over bitcoin won't make it superior to the original.
Litecoin's usefulness is degrading over time, new aggressive alts like ETH and Ripple are taking its spot.

That is fucking retarded and soooooooo scammy.

For one thing he never said LTC was going to replace Bitcoin or was better than BTC.. YOU DID !
Ask the LTC Dev team.. they say it's good as a supplement to BTC and i agree.
Go ahead and argue that if you want. LOL

Further more your assertion that Ethereum and Ripple are better than Litecoin and are going to replace it is the dumbest load of bloody bullshit i ever heard in Crypto history !

You picked the absolute worst 2 examples in Crypto history to say that too.
Both are ultra scammy ass ICO fuck / premined 100% pure fucking bullshit.
And you are fucked in the head bad if you think a scammy load of bullshit SCHEME coin is even able to theoretically replace a Currency with a scam coin that is *NOT* a currency.

You must be smoking a fuckton of mETH buddy.. high as fuck on "fuel" 
And oblivious to history.. read the feedback on both those two scam coins when they launched.
Both were flamed off the board until years later when you fucking scammy retards fucked up the scene with IPO then ICO crap scam SCHEMES.

Have at 'er morons go replace the engine in your car with a fucking banana.
That is the same thing..

Bag Holding mETH causes massive fucking brain damage obviously.

Uhhh duhhh derpty fucking derp.. what tiz altcornz ?

Simple.. Any "scheme" coin (digital token) traded on Poloniex for profit.
yup.. you really are all THAT fucking stupid and scammy.

Ripple not even a block chain based "coin" ..100% premined scam.
Ethereum ..a scam coin APP's platform 100% premined ICO.

And you in your infinite wisdom think that retarded scammy faggotry is actually going to replace a fair REAL CURRENCY ?

that is rich  

Jesus this place amuses my fucking balls off hahahahhaha
clowns  

[Ucy]

An altcoin is a slap in the face of Bitcoin.

 only two or three coins has a threat to unseat Bitcoin but they are only a threat

Could you be more specific.

But wow, now am beginning to get it. Always thought Altcoin was a type of cryptocurrency. This forum is such a great place to learn new stuff about Bitcoin.  I have learnt so much in a short time.

[Nanda Dewi277]

What is altcoin can you explain in steps ?

I think altcoin are all kinds of coins except bitcoin, including new and old coins all it is classified in altcoin

[voltesbit777]

What is altcoin can you explain in steps ?

In my own understanding, Altcoin is an alternative digital currency of bitcoin or simply called bitcoin clone. I think it's been created because bitcoin is too expensive to buy it directly so most of the people are don't have a capacity to avail bitcoin. But because of altcoin many of the community had a chance to buy on cheap price which can be multiply by more than we invest it can be triple or quadruplet the value of the coins. which once its being sold it will directly send it to the bitcoin balance.

[MWesterweele]

What is altcoin can you explain in steps ?

it is short for alternative coin. eth litecoin xaur pesobit etc is an example of it. anything that can be your reserve or your substitution to bitcoin.but sometimes it can be dump and it is sometimes be the reason to bancrupt so you need to search for a good alt coin, be wise man. bitcoin is a big money to be wasted for a loser coin