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Author Topic: Bitcoin and altcoins  (Read 728 times)
abvhiael
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November 21, 2017, 07:26:19 PM
 #21

Hello my friend bitcoin is a coin an original one and altcoins most of them are tokens they can not be mined.
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November 21, 2017, 07:31:52 PM
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bitcoinis the 1st coin used blockchain,With new data interpretation methods, Blockchain is used in many spheres, including finance, real estate, medicine, science, travelling, public services and etc. The ability to use distributed nodes and store huge amounts of data is changing the self-improvement industry as well. New technologies will help people achieving their goals in personal development easily and without any fraud.
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November 21, 2017, 08:16:28 PM
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Bitcoin is the father of all cryptocurrencies. All other cryptocurrency is an altcoin (Alternate cryptocurrency or bitcoin alternative).

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November 22, 2017, 12:41:02 AM
 #24

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin and altcoin both are cryptocurrency. But Bitcoin is a first invented cryptocurrency. Other cryptocurrency are altcoins. In digital market Bitcoin is high valuable currency. Because all the miners are access in Bitcoin. But altcoins are some of miners only accessing. So cost of variation is depending on competitors demand. Both are useful in current market. But profit is depends on coin value basis.

 
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November 22, 2017, 12:59:54 AM
 #25

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin and altcoin both are cryptocurrency. But Bitcoin is a first invented cryptocurrency. Other cryptocurrency are altcoins. In digital market Bitcoin is high valuable currency. Because all the miners are access in Bitcoin. But altcoins are some of miners only accessing. So cost of variation is depending on competitors demand. Both are useful in current market. But profit is depends on coin value basis.

There are other 'pre-dated' cryptocurrency before bitcoin. But bitcoin literally took the world by storm and become the mother of all crypto's.

As far as altcoin (alternative coin) and anything not bitcoin is called altcoin. Altcoin exist because they either want to replace bitcoin (highly unlikely to happen) or improved one of bitcoin's design flaw (high transaction fee, slow confirmation time).


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NathanJB
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November 22, 2017, 01:07:50 AM
 #26

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

The entire world of cryptocurrency is divided into two classifications. On the one hand, there is Bitcoin and on the other hand there are alternate cryptocurrencies. The difference is simple and very elementary. Bitcoin is the only Bitcoin. The rest are alternate cryptocurrencies or altcoins. That includes Bitcoin Cash, Bitcoin Gold, Ethereum, Waves, Lisk, Monero, and so many others. We are having more than a thousand altcoins already. Many of these are shitcoins.
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November 22, 2017, 01:10:09 AM
 #27

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

Hi. Welcome to the crypto world. Firstly, bitcoin is the pioneer of cryptocurrency. Basically, without bitcoin, the other cryptos would've not exist. It is brainheaded by Mr. Satoshi therefore every bit of btc is called satoshi. For altcoins, they are the coins created after bitcoin. All other crypto currency that is not bitcoin is called altcoin.

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November 22, 2017, 08:46:15 AM
 #28

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.

Altcoin is an alternative coin that means the currency that differs from Bitcoin invented in 2009. Anyone can create a new crypto currency (alts), but here public recognition is needed. Bitcoin is a King of cryptomarket, but transactions with it are slower. However, this source will give you the best information:
https://www.quora.com/What-is-the-difference-between-altcoins-and-bitcoins
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November 26, 2017, 03:19:46 PM
 #29

The difference between bitcoin and altcoin does not exist, only bitcoin is the first coin created, whereas altcoin is an alternative coin, just another name of coin, such as eth, ripple and others.

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November 27, 2017, 01:40:57 PM
 #30

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
There are lot of similarities and dissimilarities amongst them. First thing which is common in both of them is that both are crypto currencies.

Other than this, you can use either of them for having a very good amount of earnings. As far as dissimilarities are concerned, the basic difference in between both of them is that you use bitcoin for long term investment while altcoin is primarily used only for day trading and short term investment.


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November 27, 2017, 01:51:32 PM
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If you say altcoins (alternative coins) you are referring to all cryptocurrencies other than Bitcoin because it is the main cryptocurrency. There are now thousands of altcoin already existed and if we discuss here the difference of every single altcoins to Bitcoin it will take long before we finish discussing it here. Some altcoins are very similar to Bitcoin the only difference is they improve Bitcoin issues that are unresolved by core developers and create new coins, like forked coins. The other differences of some altcoins and Bitcoin are the specs it uses like algorithms (Ex. SHA256, Ethash, Equihash), block size, block interval, difficulty adjustment and total supply.
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November 27, 2017, 02:03:02 PM
 #32

Bitcoin and altcoins are same, just Bitcoin is the first cryptocurrency. Altcoins are alternatives of bitcoins, difference between them are just projects every coin has different projects.
Yes bitcoin is the pioneer of digital currency and altcoin is a form of alternative digital currency. Just as in the world that bitcoins like us dollars and altcoins are the yen. Bitcoin until now has always been a benchmark for all digital currencies in the world, but it could be someday there will be altcoin that can compete with bitcoin. It took a very long time, but if viewed at this time then bitcoincash and etherum can be a competitor who began to approach the popularity of bitcoin.
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November 27, 2017, 02:14:06 PM
 #33

bitcoin is the parent coin or arguably the main coin in this bitcoin forum.
whereas altcoin is an alternative coin that can be exchanged with bitcoin or vice versa. it is like me if there is a mistake reasonable because I am also still in the learning stage.
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November 27, 2017, 02:15:54 PM
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You should do your own research and read a lot in this forum so you would know what Bitcoin and Altcoin difference is. I am pretty sure you also don't know what its purpose is.
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November 27, 2017, 02:16:13 PM
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Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
many notions of bitcoin and altcoin, I can simply say that altcoin and bitcoin support each other. and it can be assumed that bitcoin = parent and altcoin = child.

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November 27, 2017, 02:19:45 PM
 #36

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin is the name of a coin which is the first crypto currency.  After popularity of bitcoin so many coins introduced are called Altcoin.

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November 27, 2017, 02:25:01 PM
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Bitcoins and Alternate coins are two different things but all of them are part of something we call cryptocurrency. Cryptocurrency is becoming a thread right now and might be revolutionized in the future because it is such a great invention that might help us have electronic money to carry in the future instead of carrying cash. Bitcoins are very famous right now so they depend the price of other altcoins from it.
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November 27, 2017, 02:45:59 PM
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November 27, 2017, 02:48:05 PM
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bitcoin and altcoin are equally advantageous in price. teapi altcoin has more variants and prices whereas bitcoin has only a few. but bitcoin has the strongest price in cryptocurrency is currently very suitable to be invested for the short term.

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November 27, 2017, 03:09:28 PM
 #40

Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
Bitcoin is the mother coin of alt coin. Without the bitcoin, alt coins did not exist. But it is true that Bitcoin also has some more coins. AIMS and 42-Coin

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