What is altcoins

[ryoku1996]

Anything but BTC

[naitik01]

Altcoin is the small form of Alternative . Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either
replace or improve upon at least one Bitcoin component. Altcoin's market price is much small than that of Bitcoin.

[solowise]

thanks you for your contribution i understand it now

[rony01941]

The currency was created by Bitcoin. But they are creating the market of thousands of penny coins with the responsibility of small developers. The combination of these coins is called altcoin. For example:
ETH is one of the most. After this many more coins are noticed in the market.
Such as:
BCH,
LTC,
DASH,
NEO,
ETC
EOS,
OMG,
SWP,
BCC etc.

[DMC_Ken]

The Altcoin is a digital cryptocurrency the similar to bitcoin, and the term to stand for is "alternative to bitcoin" and its described to any cryptocurrency that is not a part of it, and most popular they use altcoin as the same fundamental building block as bitcoin.

[KristalVang]

altcoins are all crypto currency except bitcoin

[dewynijhof]

altcoins are also cryptocurrencies just like bitcoin, its name means alternative coins, these coin except bitcoin are all altcoins, they are made to have an oppotunity to replace bitcoin in the future, they can also be better than bitcoin.

[leslie4u]

Bitcoin aka BTC is what we started this Crypto world with and then slowly came in other coins and they were tagged as Altcoins. Do note that there are over 1000 altcoins in the market now. Before investing, read the details carefully. On a quick note, do not invest in a Hyped coin as many do because a lot of ICO today are made just to rip people off of their money. Proceed with caution.

Have a nice day.

[babsjoe]

Bitcoin is the first crypto currency that started on blockchain! When people refer to cryptocurrency they talk sbout bitcoin. Altcoin however mean Alternative coin. i.e other coin you can use if you are not using bitcoin. And there are many of them with different function from bitcoin.

[LydiaBob]

It is easy: every other coin other than bitcoin is called altcoin and based on Ethereum

[nik9990]

These are all coins that are not bitcoins. Hence the word alternative. Still there are forks

[joshmontford]

altcoins are basically all cryptocurrencies not including bitcoin, ethereum and bitcoin derivates. that's the short version i believe people already explained in more detail

[geraldgold]

altcoins/shitcoins. only 5% are the real coins. some are just shit coin really. 95% will banish.

[EvaGC]

I read in a different thread about how we need to stop calling "alt-coins" to every coin that's not Bitcoin. Some of them are actually completely different and shouldn't be defined according to their relation to bitcoin

[zchprm]

Altcoin is a cryptocurrecny that you can use like original money but its virtual.

[parekoy]

Altcoins stands for Alternative Coins because Bitcoin is the main Cryptocurrency that is widely supported, used and invested throughout the world and Alternative Coins or alternative cryptocurrencies are Bitcoin's rivals like Ethereum, LiteCoin, Dash etc. There are already a thousand Altcoins in the world today and will be doubled those numbers next year due to unregulated ICOs.

[parekoy]

altcoins/shitcoins. only 5% are the real coins. some are just shit coin really. 95% will banish.

That's isn't true because most Altcoins almost have no value today but they're on their way to increase the value or will vanish  but I don't think only 5% only has the potential to be the next Bitcoin.

[fatenmo]

Bitcoin is the first coin, and Altcoins are everything else after Bitcoin.

[Edsemen]

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

Well in my understanding alternative coins or so called altcoin is the earnings from bitcoin in any way. In other words altcoin is just bitcoin or a part of the org. Which people highly needed.
Sometimes altcoin can be buy its just a matter of strategy of earnings and to stay resourceful of your account in other way

[priyankg3]

"Altcoin" is a combination of two words: "alt" and "coin"; alt is short for alternative and coin signifies currency.