Question about altcoins.

[TaKlarPH]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

•Will altcoins be much better than Bitcoins?

•Will the currency be good? than Bitcoins? or its just the same?

•Can altcoins be directly converted to money?

[Intensity]

We have a lot more than just two coins. Alt coin just stands for alternative coin, which is basically anything else that is not Bitcoin.

Will alt coin be better? Nobody knows, but Bitcoin is mainstream now and it would be hard for any other coin to keep up.

Will the currency be good? than Bitcoins? or its just the same? Many alt coins offer different functions beside a currency value. Some aspect are better, some are worse.

Can altcoins be directly converted to money? Certain coins such as Litecoins and Ethereum can be converted into cash directly.

Hope this helps.

[chutchmcgillicutty]

Just like there's a lot of different currencies, there's a lot of different cryptocurrencies. some are worthless, some are reputable

[gilabusuk1]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

In my opinion, bitcoin is the best coin of all coins.
While the development of altcoin or its parent system of bitcoin then altcoin is not much better than bitcoin.
as far as I know altcoin must be converted or converted first to bitcoin through exchange and then can be used as local currency

[Rastadon]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

It will not because the bitcoin as the main currency and all of the crypto pegged to the bitcoin as the main base exchange price like what was happened with the dollar and others fiat currency.
But the currency is good than bitcoin because it can take a little time deliver the transaction than bitcoin

[Darker45]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

You have a lot of beginner's question there, mate. I may not answer everything but make sure to make some research, further readings.

In crypto, there are only two classifications, Bitcoin and then the rest will be called alternate crypto. In the alternate crypto, there are almost a thousand coins. If you ask about better than bitcoin, you have to classify the question. In terms of what? On an overall basis though, I say that Bitcoin is still the best.

Alternate coins have different uses. These coins are used to suit their respective projects.

[Jdope]

Altcoins are there for a lot of reasons, backing a business up, faster transaction, lighter blockchains, smart contracts, they're not all to be compared to bitcoin, we might see in the future an altcoin taking on bitcoin in marketcap, it certainly got close with ethereum at some point.

[Herlina]

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

- I don't know if altcoin is able to go beyond bitcoin, only time that can answer  
- Depending on what aspect you want, many altcoins offer some new things
- some altcoin can be converted with cash directly, such as: Ethereum, Litecoin, BitcoinCash, etc

[xuan87]

There are more than two coins in crypto, infact there are thousands coins now, you can check them in service announcement board
Will alt coin better than Bitcoin? Depends on your priority, for long term Bitcoin is the best but f you are looking for trading profit maybe alt coin can be better and for currency Bitcoin still the best because it can be used in some store but no alt coin has been implemented yet

[aaron2024]

There are some really good projects out there, like Monero and Byteball.
But the true is the vast majority of the cryptocurrencies are coins that were created because some folks realized that it was a great way to make more bitcoins.

[sylance]

Wow, I hope there's a mistranslation here.  There are a LOT more coins than just two.  Take a look at the market cap of the current exchanged coins:

https://coinmarketcap.com/

If you want to learn more about crypto, I'd recommend clicking into the top market cap coins, and going to each of the official websites and reading up on what's out there.  There are many coins; some specializing in fast transaction, some in privacy, some with added features, and some that aren't even trying to be a currency but more like a share of a company.

I'd also recommend reading news at places like:

• https://cryptoinsider.com
• https://www.coindesk.com
• • https://www.cryptocoinsnews.com

[Herdirfauzi]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

according to questions and statements from you I will reply, maybe altcoin will not be much better than bitcoin, with altcoin price fixed to bitcoin, it could be altcoin will be much better than bitcoins, whether that's when it comes.I think that determines the good eye money on a day that is the users, the more people who use it the more it will be high level of price.

[leslie4u]

Here's my 2 cents-

-->There are more than just 2 coins in the Crypto works and like how others mentioned, check them at coinmarketcap site and also in ANN announcement section here. I am sure you will find lot of info.

--> Altcoins have its own advantages. We have POW and POS altcoins. Bitcoin is mostly used for trading and for long term. Altcoin can be used for short to long term gains.

--> I would say Cryptos are much better than normal currencies and I am sure you know why is that.

--> You can sell altcoins for BTC and then convert BTC to your local currency.

[arun9900]

China functions beside a currency value. Some aspect are better or not ?

[Pamadar]

altcoins was created to be a good alternatives to bitcoin so just in case bitcoin crash there's still other options for us since we cant say which one is good or which is not, but its part of the system inside crypto currency I think many people already enjoying this alts trading because its helping the industry to grow fast, bitcoin is
getting attention so with alt coin market.

[Apened]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

The answers for it is by researching.

btw.
altcoins have their own uses and features that we can use in the future. Although they have a better one but it doesn't mean it will take over bitcoins.
Altcoins can be converted in fiat it depends in what exchnanges you wanted in other coins or fiat.

[talkbitcoin]

Will altcoins be much better than Bitcoins?

the altcoins that are alive today? no. there is very little chance of that happening. they are not offering anything different or if they do, that difference is causing more issues than it fixes things.

Will the currency be good? than Bitcoins? or its just the same?

so far they have not been any good or better than bitcoin or even remotely close to bitcoin. and i don't see any reason to believe this can change anytime soon!

Can altcoins be directly converted to money?

some of them yes, most of them no.

[Minecache]

To get answers for all your questions we need to understand what means good cryptocurrency.
If you want to earn money - use altcoins. Some of them have much more volatility, than BTC. This means more chances to earn pretty fast. In this case usually you have more risk to lose. It depends on your experience and so on.
If you want just save and increase money for long term - choose BTC. It's like a gold in cryptoworld.

[rosygreat]

So many coins are being created on daily basis

[Cacingkemi]

I still don't get it why there are two coins so I gotten questions out of my curiosity.

Will altcoins be much better than Bitcoins?

Will the currency be good? than Bitcoins? or its just the same?

Can altcoins be directly converted to money?

-Preferably BTC rather than ALT, but the ALT velocity problem is much better they are very quickly confirmed
-I do not think it's great depending on the owner and the creator, BTC is better than the ALT.
-Most ALT are only converted to BTC, only a handful can be converted directly to money.