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Author Topic: What is the difference between Altcoin and Bitcoin?  (Read 741 times)
hashkonofficial
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February 22, 2018, 01:04:37 PM
 #21

All Coins except Bitcoin are Altcoins and Bitcoin is the starting of a cryptocurrency platform just like the base of cryptocurrency world.
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February 22, 2018, 01:07:53 PM
 #22

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Basically, bitcoin was the original one to be generated, it is one of the oldest cryptocurrency. Altcoin were originally created to overpower bitcoin because people believe that people should have an alternative other than bitcoin, thus naming it alt + coin. That's what I know and it is what I heard from people that I know.  Grin
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February 22, 2018, 01:08:25 PM
 #23

Bitcoin is the “original” cryptocurrency and ultimately responsible for the invention of blockchain technology. It basically was (and still is) a beta test of the technology, and it doesn't actually work all that well.
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February 22, 2018, 01:11:16 PM
 #24

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin are the first digital currency that made. Then the alternative coin is next to bitcoin. Also bitcoin is used to many sites but not the alternative coin. It is more valuable and reliable in them. Also the price of bitcoin is very high if you cmpare the price in the alternatove coins. Bitcoin is more fluctuating state compare to the altcoin
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February 22, 2018, 01:16:16 PM
 #25

altcoin is alternate coin, like some people create new coin to be success and hope can be like bitcoin. many altcoin crash and fall not like bitcoin.
bitcoin is the first cryptocurrency. as we can see in the market bitcoin always lead the price.

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February 22, 2018, 01:19:37 PM
 #26

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Altcoins are a generalized concept. There are of course a crypto currency, similar to bitcoin. Typically, such crypto-currencies have the same idea as bitcoin. But altcoin's are also with a different purpose and idea. There are a lot of them. Let us compare bitocoin and etherium for an example. Bitcoin claims the role of money. And the etherium is the platform for ICO.

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February 22, 2018, 01:32:11 PM
 #27

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
The difference of bitcoin from altcoin was not only its higher value price but bitcoin will be directed or lets say the last step to convert with fiats.And for altcoin was composed of many cryptocoins listed below by bitcoin.This kind of cryptocurrency was different but only one purpose and that is to help to every bitcoiner like me in this forum activities.
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February 22, 2018, 01:45:40 PM
 #28

I am surprised to see a member of this forum asking such a question. This is a very simple question and the answer is that bitcoin is the primary cryptocurrency while altcoins are basically alternate coins a.k.a alternate cryptocurrencies. Every altcoin is developed to fulfill a certain role just like bitcoin and the truth is that most altcoins are designed to rob people of their hard earned money which is why you need to do a lot of research before investing into any particular altcoin. Some of the popular altcoins are Ethereum, Ripple, Litecoin, Dash coin etc.

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February 22, 2018, 01:52:25 PM
 #29

Bitcoins is responsible for the invention of blockchain technology and have an alternative source of regular money and used for trading other money, goods or even services . Still it maintain a significant market share when it comes to cryptocurrencies while Altcoin run for its money, can invest very small amounts of cash and can choose the coins that you think have the best chance of long-term success.
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February 22, 2018, 01:57:35 PM
 #30

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Except bitcoin and tokens base on any platform is altcoin. There are more than 1500 tokens and coins listed on coinmarketcap. Altcoin mean Alternative coin.
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February 22, 2018, 02:01:15 PM
 #31

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency. altcoins emerge to improve bitcoin flaws and to try to compete with bitcoin by innovating and developing new features as to improve and surpass bitcoin limitations.
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February 22, 2018, 02:42:27 PM
 #32

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

As much i know Bitcoin is the first crypto currency which got introduced and it is not controlled by anyone as it open source. but in Altcoin they are developed by the developer and they rely on the development of the coin as per their project if not it gets dead.

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February 22, 2018, 02:49:07 PM
 #33

Bitcoin is first cryptocurrency. Cryptocurrency is another form of payment system that is safer, instant, immutable and transparent. Bitcoin is the first type of such currency. Every other form of cryptocurrency aside bitcoin become Alternative cryptocurrency.

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February 22, 2018, 02:53:46 PM
 #34

Look at Bitcoin as the father of all Altcoins. Bitcoin is like God and altcoins are like the creatures that God created Cheesy
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February 22, 2018, 03:10:49 PM
 #35

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
bitcoin is the mother of all altcoins
Altcoin means alternative coin, it means that it is the other kind of coin which can be use differently of its purpose in the crypto world.

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February 22, 2018, 03:38:19 PM
 #36

Bitcoin is the first cryptocurrency created and has intrinsic value as gold. People embraced and used these bitcoins that gave rise to alternative coins that works on improving the deficiency of bitcoin. Both offer unique and highly advantageous investment opportunities. But, bitcoin still remain a significant market share. It maintains a high level of innovativeness that ensures for it to stay on the top.

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February 22, 2018, 04:20:37 PM
 #37

Alt coin = alternate coin
Bitcoin was the first ever crypto currency invented, so every coin came in market is an alternate coin, we call them altcoin in short.

Great! Thank you! Short and to the point
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February 22, 2018, 04:24:15 PM
 #38

the bitcoin was the main point of the crypto or the biggest currencies that you can get and the king of the altcoin and the altcoin was the cheaper version of the bitcoin or alternate currencies if you cannot bought bitcoin
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February 22, 2018, 04:29:50 PM
 #39

Altcoin stands for alternate coins which means any cryptocurrencies other than bitcoin,bitcoin was the first cryptocurrency ever created it is the foudation of all the altcoins out there,satoshi nakamote who created bitcoin has only one vision to create a decetralized community using cryptocurrencies bitcoin is categorized as a cryptocurrency,altcoins are alternate coins to bitcoin.

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February 22, 2018, 04:35:24 PM
 #40

The difference If Bitcoin you can buy on the site directly, can be through Faucet or from mining Bitcoin. While Altcoin can you get in the stock cryptocurrency. Another way to get the Altcoin is to place ads about your skills on the job boards that contain cryptocurrency. In addition Altcoin also uses Bitcoin currency as its intermediary so you must have some Bitcoin before buying Altcoin. The last way to get Altcoin You can join the community which in the community there is offering a prize of Altcoin to attract people to join their community.
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