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Author Topic: What is the difference between Altcoin and Bitcoin?  (Read 741 times)
Phantomberry
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February 23, 2018, 01:18:44 AM
 #61

In a simple explanation bitcoin is the mother and they have many children which is altcoins.
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"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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February 23, 2018, 01:46:38 AM
 #62

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
There were only minimal difference between the two though altcoin comes with the improvement which the bitcoin lacks, bitcoin developer maintain the high level of innovativeness making sure that bitcoin will still remain the top crypto currency .
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February 23, 2018, 01:47:36 AM
 #63

Bitcoin is the mother of all altcoins in my own opinion. The first and the original digital money and the foundation of the rest of all altcoins development.
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February 23, 2018, 02:28:56 AM
 #64

All coins are called altcoins except the BTC that was the pioneer to enter in this market.
... Yes obviously all coins are called altcoins/alternative coins except bitcoin, Because bitcoin is the first cryptocurrency invented while in all next to bitcoin are all altcoins.  All altcoins adopting the concept of bitcoin through blockchain. Mostly got  same the best answer.
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February 23, 2018, 02:55:51 PM
 #65

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
There are several things that distinguish between bitcoin and altcoin and I think bitcoin is the first icon or virtual currency created with the highest asset value when compared with altcoin. whereas altcoin is a collection of several new types of coin that function as complement of bitcoins that already have higher popularity. so I think how much people invest in altcoin but in the end they will still choose the bitcoin that does have tremendous asset value.

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February 23, 2018, 03:06:15 PM
 #66

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


depending on your perceptions to judge it
I am sure friends here have been interested in sharing insights and opinions. but I think the bitcoin and altcoin are the same. same from the kripto cardiak class. yes it is essentially a virutal currency.

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February 23, 2018, 03:15:34 PM
 #67

BITCOIN is the first Cryptocurrency.

Altcoins are coins that are not bitcoins but they are traded against bitcoin on the exchanges.

All the altcoins are adopting the same concept of bitcoin using the blockchain ..
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February 23, 2018, 03:52:08 PM
 #68

Bitcoin is the first virtual currency created for online payments, so investors are interested in using it for investment purposes.
And Altcoin (an alternative coin) was first made in 2011. The presence of bitcoin is more popular than altcoin. To get bitcoin, you can buy on its website. While altcoin you can get it in the crypto currency exchange. And then atlcoin also uses bitcoin currency as its intermediary, so you must have bitcoin before buying altcoin. Bitcoin prices are stable, while altcoin is unstable.

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February 23, 2018, 04:01:15 PM
 #69

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Alt coins are alternate coins these are coins which is not bitcoin so if you see or heard anything or any name of coin but not bitcoin it is automatically called as alt coins, that is the basic or should I say the fundamental knowledge about the difference of altcoin and bitcoin that I can contribute to you with the very best of my knowledge.

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February 24, 2018, 08:07:38 PM
 #70

In fact, some altcoins are only slightly different from bitcoin. But bitcoin was the first crypto currency and thus earned the right to be considered the forefather of all other coins.

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February 24, 2018, 08:55:52 PM
 #71

Bitcoins still maintain a significant market share when it comes to cryptocurrencies, but some altcoins came up giving it a run for its money.

Given that altcoins come with improvements that the bitcoin lacks, bitcoin developers maintain a high level of innovativeness to ensure that it continues to stay at the top of cryptocurrency trading.

There is always the chance of technical and economic flaws causing bitcoins to die off catastrophically. Altcoins continually work on addressing these identified flaws to create marginally stronger digital currencies.
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February 25, 2018, 08:49:38 AM
 #72

Bitcoin plays an important role in terms of crypto and altcoinsuch as the common crypto currency that will ultimately be many people who have altcoin but will then be exchanged for bitcoin. I think people now prefer bitcoin as an investment asset when compared to altcoin because its popularity level is so obvious that bitcoin has a higher popularity.

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February 25, 2018, 08:57:04 AM
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Differences Bitcoin and Altcoin - Virtual currencies of various kinds for example are Litecoin, Dogecoin and there is also Altcoin. The currently popular is Bitcoin, though there's nothing wrong if you understand the difference between each of those virtual currencies. Each virtual currency has its own advantages and disadvantages, for example Altcoin and Bitcoin. If traced further a lot of types of cryptocurrency that exist in the community but who is rising then Bitcoin. Altcoin itself is a newcomer that has not been widely known by the public so that the description of Altcoin is still gray or unclear
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February 25, 2018, 09:07:09 AM
 #74

Bitcoin being the first digital currency have set the standards for cryptos. Alt (alternative) coins refer to btc for its value. Altcoin are born after btc, it intended to improve some bugs in btc by improving some processes but some of it doesn't exist for long in the market. It's good for short term investment while btc is hood for long term investment.
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February 25, 2018, 11:02:36 AM
 #75

Bitcoin = BTC
AltCoin = Everything Else.
   Bitcoin is the original decentralized cryptocurrency, Bitcoins are pioneers.The code and concept of bitcoins was created first.and  ultimate responsible for the invention of blockchain technology.
Altcoin are generally defined as everything else. although some might not refer to Ethereum as an Altcoin. But certainly the 1500 other coins out there are considered alts.
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February 25, 2018, 12:45:15 PM
 #76

Altcoin was born after bitcoin.
Altcoin is a modified and more complete version of bitcoin.
 In terms of commercial value, Altcoin handles transactions faster than bitcoin. Cryptocurrency is growing to meet the needs of users, altcoin was born to improve the disadvantages of bitcoin.
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February 25, 2018, 12:49:02 PM
 #77

In fact, some altcoins are only slightly different from bitcoin.

There will always be some copycats. But you can take a look at the altcoins such as Ethereum and Stellar Lumens. Their technology is much different than that of Bitcoin. In fact, I would say that technologically these altcoins are superior to Bitcoin.
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February 25, 2018, 12:52:11 PM
 #78

In fact, some altcoins are only slightly different from bitcoin.

There will always be some copycats. But you can take a look at the altcoins such as Ethereum and Stellar Lumens. Their technology is much different than that of Bitcoin. In fact, I would say that technologically these altcoins are superior to Bitcoin.
perhaps in theory there is, but practical indeed the Etheric even surpasses Bitcoin. I do not mean by the price category, because to date Bitcoin is above all, but it's not for long, Because there is a risk of losing this milestone very quickly.

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February 25, 2018, 12:58:21 PM
 #79

How to get both different, Bitcoin can be obtained by faucet or mine while altcoin is obtained in cryptocurrency exchanges,
Bitcoin also plays the most important role in cryptocurrency. Proverbial is Altcoin like ordinary metal that can be exchanged for precious metal called Bitcoin.
Bitcoin is also more stable than altcoin,
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February 25, 2018, 01:00:57 PM
 #80

Like a forex. Bitcoin is the USD or the main pair your trade with and alt was the tool to make more USD.
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