Bitcoin is an altcoin

[Pleione527]

I don't think so, the main reason why bitcoin  is valued this high is because it is the first crypto coin introduce in the market, it earned trust of many users and investors it is also consider as the father of all crypto currencies. Maybe this news is not true or even if there are coins before bitcoin they did not make it keeping their position in the market and only bitcoin remains strong and appreciated.

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[ramayor]

I think no because as far as I know, bitcoins are the first anonymous decentrailized digital currency. And also it is the most leading. How come it became an altcoin?

[ehdiksayo]

It really doesn't matter. Bitcoin is a kind of Crypto currency and altcoin is another type of a cryptocurrency. But BITCOIN IS NOT AN ALTCOIN because there's a huge difference.

[freightjoe]

It really doesn't matter. Bitcoin is a kind of Crypto currency and altcoin is another type of a cryptocurrency. But BITCOIN IS NOT AN ALTCOIN because there's a huge difference.

You need to shout because you have no arguments or facts?

[MD Milon]

I am not agree that.bitcoin is the number one of blockchain technology,also successful currency.without bitcoin  any one cannon use altcoin as money

[desi92]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

As i know, bitcoin is the first cryptocurrency that was made by satoshi nakamoto from japan.
I never heard any other crypto currency before bitcoin and i only heard about virtual money before bitcoin but not crypto.
But yes, for me bitcoin also altcoin but its the first and the strongest one.

[ir.yance]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

I have not heard this before. There may be some projects.
Bitcoin is the only crypto that gets so much popularity and everyone associated with the crypto market knows the bitcoin as the first cryptococcus. and make bitcoin as a digital currency that many people are interested in. So bitcoin is altcoin.

[tientien5]

bitcoin is an altcoin
I do not know about altcoin and have never heard anything about this information
That's because people think about bitcoin
In my opinion it really is altcoin

[DoublerHunter]

Bitcoin is not an altcoin because bitcoin is the main cryptocurrency in the market and the altcoins are basing in bitcoin alone. So i think that is enough for bitcoin to still the king and it will never become an altcoin unless it will be going to be replaced by another type of cryptocurrency or coin in the market.

[jinksters09]

Regardless if being caller one of the called one of the alternative coins out there. Bitcoin is bitcoin it's value is still irreplaceable it will hold unto the top of the cryptocurrency because it is one of the very foundation why cryptocurrencies are popular nowadays.

[f150]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

I just found out and have read it, is this really happening. to my knowledge the parent bitcoin of all types of altcoin, and altcoin is an alternative way to get bitcoin. and satoshi has created bitcoin, I was surprised to read it.

[honeyb0y]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

yes bitcoin maybe an altcoin but it is the most trusted altcoin and since crypto currency is only based on trust then bitcoin is the best coin so far.

[no0dlepunk]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

ALT-coin means ALTERNATIVE-to-BITCOIN. therefore, as far as your argument is concerned, those other cryptos were probably just called - cryptocurrencies. and another therefore, BITCOIN can never be an ALTCOIN. Anyway, this is a good read though, it gives me a little brain-tickling thoughts that Satoshi might be one of those guys mentioned in the article. He failed at first, but he probably came back hiding behind his pseudo so the old deals won't be associated to bitcoins. But thank you for sharing this link though.

[N@p$t3r]

It really doesn't matter. Bitcoin is a kind of Crypto currency and altcoin is another type of a cryptocurrency. But BITCOIN IS NOT AN ALTCOIN because there's a huge difference.

Oh shit. what the hell is wrong with you, man? If you don't have anything to say then better not type anything here, ok?

read what you have said - But BITCOIN IS NOT AN ALTCOIN because there's a huge difference. - what the hell, man? Ok, there is a huge difference according to you. Then can you please explain here what is the HUGE difference? because if you are not going to explain it briefly, your post doesn't really contribute at all. You must be tagged as a spammer. IDIOT!

[leonair]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

If Bitcoin is an "alternative" coin what is it trying to alter? Bitcoin is the basis of all the crypto currency coin so it is impossible for it to become an alternate coin. Yes bitcoin maybe beaten by another crypto currency but the question is how and when.

[bug.lady]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

You are right in one aspect - there were many "coins" earlier, before bitcoin. This is irrelevant, however. The way bitcoin and altcoin is defined, ALTcoin is any cryptocurrency other than BITcoin, notice the name similarity too. Therefore, it doesn't make sense to say bitcoin IS an altcoin. You are merely undermining definitions here, which is senseless.

[care2yak]

There were many cryptocurrencies before Bitcoin.

Therefore Bitcoin is an altcoin - and will also be beaten by another altcoin, just as it did itself.

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

Author said "first known attempt" and were referred to as smart cards that work like prepaid electronic cards. That's not cryptocurrency.

David Chaum's DigiCash could have been a form of cryptocurrency but it was unsuccessful, so, you still can't refer to it as the first real cryptocurrency prior to bitcoin. Those that followed weren't cryptocurrencies -- paypal, is a medium for money transfers. Although bitcoin can also be used as means to transfer money, it's much more than that.

Although I agree with the author that bitcoin was birthed out of the ideas and failures of cypherpunks and it was Satoshi Nakamoto's bitcoin that succeeded. Still that doesn't make bitcoin an altcoin. Bitcoin is the bitcoin, the first successful cryptocurrency and any alternative to bitcoin is referred to as an altcoin. So how can bitcoin be an altcoin? It can't be an alternative to itself, you know  

[twistedvape]

as I know, bitcoin is the first cryptocurrency that exists. Then followed by other types of altcoin.

[Mayle]

But I have arguments. Take a look at this article BitcoinBestBuy. I'm particular on the paragraph "Avoid Altcoins". It's written that Bitcoin and Altcoin are different things!

[Ayiranorea]

Through lots of articles it's been clearly indicated that bitcoin is the base for the existence of each and every altcoin that we use for various needs. So altogether in a combined manner other than bitcoin is termed to be altcoins. Bitcoin won't fall under the category.