What is altcoins

[solowise]

Pls am a newbie here what is the difference between altcoins and Bitcoin

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[mk4]

Bitcoin is bitcoin. "Altcoin", short for "alternate coin", is the term used to call any other cryptocurrency that isn't bitcoin. So yea, Ethereum, Dash, Litecoin, etc- those are altcoins.

[moooonu]

Every other coin other than bitcoin is named as altcoin. People often call some newly introduced altcoins as shitcoin as in starting they all worth nothing. But with time and based upon their concept they worth sometimes after some time. So they are called altcoins as well as shitcoins.

[jekjekman]

Pls am a newbie here what is the difference between altcoins and Bitcoin

Bitcoin is the pioneer and first cryptocurrency that has been made by Satoshi Nakamoto, there are now many cryptocurrencies out there right after Bitcoin was created, any succeeding cryptocurrencies are called 'Altcoins', so if you think it logically Bitcoin can be called the 'MainCoin' as the meaning of 'Altcoins' is 'Alternative Coins'.

[TianaStam]

Every other coin other than bitcoin is named as altcoin. People often call some newly introduced altcoins as shitcoin as in starting they all worth nothing. But with time and based upon their concept they worth sometimes after some time. So they are called altcoins as well as shitcoins.

Well, I have heard about bitcoin and alternative coins, but what is token? This word is often repeated on the forum. Could you, please, explain what is it and what is the difference between this three things (bitcoin, altcoin and token)? Thank you!

[im posible]

Bitcoin is the main coin That create first in cryptocurrency and altcoin(alternative coin)  are small coins developed by developers that can be obtained through airdrop and bounty.

[joulianet]

Bitcoin is the first then the alts are like derivation of btc. The bitcoin is the mother  

[mk4]

Bitcoin is the main coin That create first in cryptocurrency and altcoin(alternative coin)  are small coins developed by developers that can be obtained through airdrop and bounty.

Altcoins aren't necessarily "small coins". A lot of altcoins has bigger supply than bitcoin; but I'm not saying they're better, as it's debatable.

Not all altcoins are obtained through airdrop or bounty campaigns. A good number of past and new cryptocurrencies are attained through initial coin offerings(ICOs).

[Daniell-IT]

Hi
Why are there so many altcoins now?

[mk4]

Hi
Why are there so many altcoins now?

Next time I suggest creating your own thread and post your question instead of hijacking a thread that isn't yours.

To answer your question:
Because a good number of new cryptocurrency projects are just created to simply make money off people, because they definitely do know that some people would just invest in any ICO that's being hyped in any forum of social media; in contrary to actually making a good project that could help people in general in any industry.

[Arung Palakka]

altcoin is alternative coins
other coins except bitcoin is altcoins, if i dont wrong 

[chathura]

It's meaning is simple if you know what Bitcoin is, an alternative coin for Bitcoin are called Altcoins.

[TianaStam]

I see that people keep replying on the tread, but nobody replied my question about difference between altcoins and tokens. I probably should to use google to find replies on all of my questions my own. Anyway thank you for basic info about bitcoin and alts.

[franpote]

Where i can buy altcoins with minimal commission? Any trusted exchange with not high overpayments?

[btcprospecter]

Altcoins in a nutshell are just any coins that are not bitcoin. Most altcoins are bought with bitcoin on exchanges.

[ali8911]

Every other coin other than bitcoin is named as altcoin. People often call some newly introduced altcoins as shitcoin as in starting they all worth nothing. But with time and based upon their concept they worth sometimes after some time. So they are called altcoins as well as shitcoins.

Well, I have heard about bitcoin and alternative coins, but what is token? This word is often repeated on the forum. Could you, please, explain what is it and what is the difference between this three things (bitcoin, altcoin and token)? Thank you!

Bitcoin is bitcoin, altcoin is a coin other than bitcoin with a different blockchain and wallet (Ether, dash etc). Tokens are usually made on ethereum contract and are stored on a private ethereum wallet. They are usually called ERC 20 tokens. There are also tokens created on waves and NEM platforms.

[mirte86]

Great to read this topic because I was asking myself the same question.! Thanks

[inturist]

Altcoins are the alternative cryptocurrencies launched  when success come to Bitcoin.
Generally, they represent themselves as better choise then Bitcoin but not all of them. (There are alot of "shitcoin" nothing to bring to people at all)
The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow.

[Crypbull]

Bitcoin is just Bitcoin , BTC have high potential comparing other crypto currency , BTC like a KING    ,  Altcoins mean Alternative Coins  here most of coin don't have high potential,  All Altcoin base on mostly Eherium

[Varavu]

Bitcoin is the first cryptocurrency in the digital currency market. Other than bitcoins are called altcoins. Now there are so many altcoins coming in the market because of the success of bitcoin.