Bitcoin and altcoins

[AhmadM]

in my opinion bitcoin is first digital crypto currency and altcoin (alternative coins) is coins arise after bitcoin. its like bitcoin is mother of altcoins, for more details you can search in google or watch video in youtube.

[soname12]

Bitcoin is the first block chain technology to use if you want to know more details on the wiki. Altcoin is generally referred to as bitcoin, ie eth, dash, litecoin, xpr ... are generally called altcoin.

[Altero]

many explanations about this. for me both are almost the same. bitcoin is the first digital currency and altcoin is used as an alternative coin other than bitcoin as digital currency.

Truly it is, they are both digital currency but of different purposes. Bitcoin is widely known and used by the community since it was created first and the next coins created will considered as alternative coins in the absence of bitcoin in the market. Both of them are convertible to each each other, including into fiat money(USD). And when it comes into popularity, bitcoin will be on top among crypto currencies.

[nhoj25]

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

Bitcoin is the pioneer. Altcoins are alternative coins

[totnaksquad]

Bitcoins and altcoins is a cryptocurrency and it was made to have decentralized currency in the world where you dont have to pay taxes and be tracked by the government,Bitcoin is the foundation of all the alts today the alts are the cryptocurrencies other than bitcoin itself.

[matsusomoto]

Bitcoins and altcoins is a cryptocurrency and it was made to have decentralized currency in the world where you dont have to pay taxes and be tracked by the government,Bitcoin is the foundation of all the alts today the alts are the cryptocurrencies other than bitcoin itself.

Very informative for a newbie like me,so this is why BTC is being banned in some countries?

[TravelMug]

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

Bitcoin is the pioneer. Altcoins are alternative coins

Wow. Your comment make sense.

Bitcoin has been designed as a P2P, meaning we don't need third party to transact with one another. Thus eliminating banks or any third party. This is the reason why many people find bitcoin as a good alternative. Also as P2P, it is being used for doing micro payments. However, with the high cost of transaction, I tend to inclined that this purpose no longer serves as today that's why mass adoption is very slow up to now.

As for altcoins, some of them is a fork of bitcoin, i.e. bitcoin cash although have some improvement, still lagging in the popularity of bitcoin. While other altcoins has smart contracts like ETH and faster confirmation time, it didn't enjoy the support because bitcoin remains popular as ever even it has problems like slow confirmation and high tx fees. Nothing beats the first.

[Siopao]

Bitcoin is the first ever and leading cryptocurrency i n the world, it is the pioneer in the industry and the ine that set the standards while altcoin or alternative coin is simply the other coins that exist in the market aside from btc. Altcoin is another fo of cryptocurrency, most of the idea starts from btc and just differentiate it thru integrating and improving some btc. However those altcoin stays in the market alin just a short time. Most of it is called a  pump and dump coins, meaning it go high and suddenly fall down and gone. For me, btc is still the best and leading amongst any other crypto.

[ujjwalsethi]

Actually both are on their own places in the context of market value. Bitcoin grows very fastly as seen in the market value whereas Altcoin is a slow and steady concept of coin but alt coin's value definately increases which also brings a great profit to the users.

[suzanne5223]

in my opinion bitcoin is first digital crypto currency and altcoin (alternative coins) is coins arise after bitcoin. its like bitcoin is mother of altcoins, for more details you can search in google or watch video in youtube.

Yes, bitcoin is the mother of all crypto currency and it also first ever digital currency to be created. But all alternative coin creator/owner copy or edit the bitcoin protocol network to create their own coin.
Bitcoin is the strongest and originator of crypto currency this the reason why bitcoin stand out.

[Russlenat]

This is all a cryptocurrencies or digital currencies, bitcoin is the parent of all the cryptos with a fix or limited stock and altcoins is a modified code from the source code of bitcoin with upgraded version and has unlimited stocks depending on the creator.