Bitcoin is an altcoin

[reee]

Every time that there is a talk about hard fork etc, there is always someone who says "wow, they are creating a new altcoin".
We need to stop this meme.

Prohibited changes are listed here: https://en.bitcoin.it/wiki/Prohibited_changes

Other modifications are possibile, and they don't make "an altcoin".

An hard fork already happened in 2010 (https://en.bitcoin.it/wiki/Value_overflow_incident), so the "current" bitcoin is an altcoin? I don't think so.

I'm not defending any specific BIP etc..., it's just a general principle.

[asdalani]

Every time that there is a talk about hard fork etc, there is always someone who says "wow, they are creating a new altcoin".
We need to stop this meme.

Prohibited changes are listed here: https://en.bitcoin.it/wiki/Prohibited_changes

Other modifications are possibile, and they don't make "an altcoin".

An hard fork already happened in 2010 (https://en.bitcoin.it/wiki/Value_overflow_incident), so the "current" bitcoin is an altcoin? I don't think so.

I'm not defending any specific BIP etc..., it's just a general principle.

The title is kind click-bait since you’re claiming that Bitcoin is not an Altcoin right? Lol.

If the people involved with the whole Bitcoin Development Project makes a different coin that is from Bitcoin though is not Bitcoin then that is an altcoin.

Technically, Bitcoin is only in its Beta phase right now.

[HabBear]

Every time that there is a talk about hard fork etc, there is always someone who says "wow, they are creating a new altcoin".
We need to stop this meme.

Agreed! And these are also the people that think they can use ether to buy a coffee.

Bitcoin started off being referred to as "a Project"...when will we have graduated from the project phase to the production or official or accepted phase of this implementation?

Further, since Bitcoin is the original it can never be considered an alternate.

Definition of Alt Coin: http://www.investopedia.com/terms/a/altcoin.asp

[VC George]

Hard forks split Chains and therefore are considered dangerous for the stability of Bitcoin, that's why soft forks exist. We saw what happened when ETC hard forked (for all the wrong reasons) and it wouldn't be wise to make the same mistake with BTC. If we were in the pleasant position where we' have a 90~95% consensus hard forks would be considered safer but, Bitmain.. 

[pixie85]

I also think that people who compare a fork to creating an altcoin don't know what they're talking about. Eventually we'll have to upgrade Bitcoin because it's a software and like any softwares gets outdated. 7 years have passed and we're already facing a huge problem with fees and confirmation time. In the next 10 years we're gonna need another update for sure.

[Thule]

A hard fork will lead to many angry people however there is no way arround it

[unamis76]

This is what half the forum has been saying to the other half for the last few months. Unfortunately people forget that a Bitcoin Wiki exists... And rush saying that Bitcoin will become an alt or that this or that doesn't correspond to "Satoshi's vision, written on the paper".

Apparently hard forks for bug corrections aren't altcoins, but for development they are...

[skyline247]

I must admit, all the people claiming this got me confused. I was wondering if there would actually be 2 different coins.

[Taki]

A hard fork will lead to many angry people however there is no way arround it

That's right. We can't do a thing with people who say whatever they want without getting the point. That's the internet and here there are tans of such people. I recommend you just to close your eyes on that problem and such kind of meanings.

[albert11]

I must admit, all the people claiming this got me confused. I was wondering if there would actually be 2 different coins.

Actually i also wondering about that, it may happened in august 1   no one knows, i just think that if it have 2 coins its price will lower and can be more affordable and bloom that another coin just what bitcoin had right now, it will help lot of people.

Bitcoin does not do Ico but altcoin had, if there a 2 coins it will be under bitcoin like altcoin or just the price of bitcoin will divided by 2 then its the price of the new coin with different aspect of bitcoin, i hope there will be official coin(fiat) soon that we can buy that will grow value after.

[investinator]

The point is not that a hardfork is bad its that a contentious hardfork is bad because it splits the chain in 2 so necessarily one coin will be an altcoin and one will remain the main bitcoin, I think you misunderstood this point of the debate OP.

[shinratensei_]

Hard forks split Chains and therefore are considered dangerous for the stability of Bitcoin, that's why soft forks exist. We saw what happened when ETC hard forked (for all the wrong reasons) and it wouldn't be wise to make the same mistake with BTC. If we were in the pleasant position where we' have a 90~95% consensus hard forks would be considered safer but, Bitmain.. 

That's why we are supporting Segwit 2x and not for UASF. The possibility of UASF to splitting the bitcoin chain will make the bitcoin looks pretty bad.

I don't want to see another fork coin of bitcoin just like BTU. Because we know that all of the altcoins just forked coin of bitcoin itself. No more forced coin of bitcoin.

Looks those are forgetting about consensus right now.

[DoublerHunter]

I don't think that the fork will create altcoin because the fork is made because of the goal to solve specific issue with the original coin in the market and for example is the bitcoin, if bitcoin will have a hard fork and creates a two split on the chain then it will be a good for bitcoin because it will make the space of the blockchain more space than before and it will help to make things faster.

[mrcash02]

Correct me if I'm wrong, but a Hard Fork never happened, the link OP pastes here talks about a Soft Fork made after 5 hours the bug was discovered.

Bitcoin isn't an AltCoin, Bitcoin is the original creation and all the rest are the copy of it. Some fixes in Bitcoin doesn't turn it into an AltCoin like the Hard Fork some people want to do now.

[mobnepal]

Title is quite misleading, you should add ? at the end of title

After hardfork blockchain will split into two chains and old chain will be dropped by community but if it get few supporters than it can stay as altcoin just like ETC is right now after split from ETH. However softfork can't split the chain.

[franky1]

Correct me if I'm wrong, but a Hard Fork never happened, the link OP pastes here talks about a Soft Fork made after 5 hours the bug was discovered.

Bitcoin isn't an AltCoin, Bitcoin is the original creation and all the rest are the copy of it. Some fixes in Bitcoin doesn't turn it into an AltCoin like the Hard Fork some people want to do now.

Title is quite misleading, you should add ? at the end of title

After hardfork blockchain will split into two chains and old chain will be dropped by community but if it get few supporters than it can stay as altcoin just like ETC is right now after split from ETH. However softfork can't split the chain.

soft forks and hard forks can BOTH cause altcoins.

softforks are merely pool controlled activation.
hard forks are node(user) AND pool controlled activation.

the whole UASF is a fake word twisting to pretend that a hard fork is a soft fork simply by swapping a H for a S to fool the crowd

..
altcoins are created if there is enough controversy and not enough consensus for a bilateral split to occur which involves in short, PURPOSEFULLY keeping the weaker option alive alongside the majority strong option.

allowing the weaker side to just stall/remain unsynced/die is not an altcoin creation. and can be done soft or hard.

anyone thinking soft=safe hard=danger has been reading the reddit propaganda too much and been hypnotised into believing it.
all the propaganda has mearly done is say a softs best case scenario and a hards worse case scenario and purposefully avoided discussing the opposite

..

in short
soft consensus: high majority acceptance, activated by pools. and the minority die out with small drama of orphans
soft controversial: slight majority acceptance, activated by pools. and the minority die out with large drama of orphans
soft bilateral split: minority (small or large) of pools decide to keep alive the minority rule by actively opposing/banning/rejecting the opposition

in short
hard consensus: high majority acceptance, activated by nodes and pools. and the minority die out with small drama of orphans
hard controversial: slight majority acceptance, activated by nodes and  pools. and the minority die out with large drama of orphans
hard bilateral split: minority (small or large) of nodes and pools decide to keep alive the minority rule by actively opposing/banning/rejecting the opposition

but we will still have the corporate propagandists who will just discuss soft consensus and hard bilateral as if thats the only 2 options of change.

[hardtime]

Well to be making a bold claim like this and calling what everyone knows today as the biggest Crypto an altcoin would mean that there is another currency that is more powerful than Bitcoin (at least on a crypto scale) and has more people using it, more trading it, and so on and so forth. The only reason we refer to the other coins as Altcoins is due to the fact that they're the alternate currency to the Majority, which in this case is going to have to be something else if you're going to call Bitcoin (which IS THE MAJORITY) an altcoin. This claim doesn't make sense in the least, try again!

[robao]

This is obviously a clickbait post. Franky1 said it round and clear.

Whether one term or another it's quite irrelevant. BTC started this economic revolution and as such is generally referred as a non altcoin. Our definitions might not be the same mr OP but it's truly a non issue.

[stargroup19]

Bitcoin became one of the first cryptocurrency in 2009. numerous cryptocurrencies created. These are frequently called altcoins, as a blend of bitcoin alternative.

[bravehearth0319]

Bitcoin as far as I know is the mother of all altcoins. It is a virtual currency where we can used it as payment online and can be use as an aaset and savings too Which is very safe compare to any bank.