What is altcoin

[jerick06]

Describe altcoin in one word and why chose that word

[1715458253]

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[Canoppo99]

Describe altcoin in one word and why chose that word

Usually altcoin's are used as medium of exchange by cryptocurrency related startups business. Altcoin is only alternative coin the main coin is Bitcoin. I am sorry, I can't describe altcoin in one word because it will not explain everything.

[Fixart96]

Bitcoin is the first virtual currency in cryptocurrency, whereas altcoin is an alternative coin of bitcoin. And the purpose of this altcoin is to cover the weakness of bitcoin that is the limitation of the amount of bitcoin that has been circulating at this time.

[haji lulung]

Altcoin is the alternative cryptocurrency launched after the success of Bitcoin. Generally, they project themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Many altcoins are trying to target any perceived limitations that Bitcoin has and come up with newer versions with competitive advantages. There is a great variety of altcoins.

[BCSHonda]

Describe altcoin in one word and why chose that word

Altcoin is called "replacement bitcoin". Altcoin was born to be used as a common name for electronic money in the cryptocurrency market. Most of the altcoin are modified versions of bitcoin, improving the disadvantages of bitcoin. After the success of bitcoin in 2009, altcoin also appeared

[tambakikan]

"Altcoin" stands for "alternative bitcoin," which describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins are expected to replace or at least one component of Bitcoin.

[NikoLove]

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1 000 ГДP = 1 yнция зoлoтa
B oбcyждeнии вы cмoжeтe нaйти пoдpoбнyю инфopмaцию o пpoeктe.
Taкжe y ниx ecть yдoбнaя бayнти пpoгpaммa! пpиcoeдиняйтecь!
https://bitcointalk.org/index.php?topic=3048054.0

[megi440c]

how can I explain Altcoin in one word while Altcoin is just an abbreviation consisting of 2 words.
which is obviously the term Altcoin, appears, because it is a lot of Altcoin concept similar to Bitcoin. Even many also directly build a new Altcoin by way of forking Bitcoin code.

[idioma1]

"Future". I think it is a future of all fiat currencies. Of course it will take decades but I'm sure it will change the world's attitude to paper money.

[ropyu1978]

Simply put, altcoin is a name of various crypto clusters. in outline like that.
I think you should search again a lot of knowledge by reading in various threads in this forum. there are many discussions that can make your understanding and experience grow.

[BADBITCH]

An altcoin is any digital cryptocurrency similar to Bitcoin. ... This approach is relatively easy to carry out because Bitcoin is a free, open source platform. When an altcoin forks at the blockchain level, an alternate system of consensus rules must be used and the coin will have an entirely different distributed ledger.

[rucapri0]

Useless. I chose this word because originally altcoin was called crypto currency which simply copied the source code bitcoin with minor changes

[Restmand]

Describe altcoin in one word and why chose that word

Bitcoin is like assistant.assistant is order to help someone. So we can explain that the alternative coin is help the bitcoin when the bitcoin is on the issue. Also bitcoin need assistant. Bitcoin need the altcoins because if the bitcoin is only at work i don't think it can supply all the investor eho want to use cryptocurrency

[Jaycee99]

Atcoin for me is Numerous , why altcoin is defined and pointing out different coins which one can created more names and make it a coin that can be bought and be used for investment to gain more. Altcoin can be the future of companies and entrepreneurs around the world.

"Future". I think it is a future of all fiat currencies. Of course it will take decades but I'm sure it will change the world's attitude to paper money.

I would like to barrow this one future and its because From holding and the same keeping updated of the value you and I have the possibilitiesto earn and gain more for your future as long you know the safety of you future and its limitations.

Useless. I chose this word because originally altcoin was called crypto currency which simply copied the source code bitcoin with minor changes

Why Its copied but still it can give us a future and life to every technology and even more make more for enchantment for the people. My means of speaking technology I would prefer helpful not just entertainment.

[Kryten12]

Altcoins seems to describe any other cryptocurrency that isn't Bitcoin. I think Ethereum has grown up enough to shake that tag and be classed as a major currency now on a par with Bitcoin so I would class altcoins as anything after BTC and ETH 

[Angelia46]

In addition to BTC, the other tokens are called altcoin.
If I want to use a name to describe altcoin, then I think shit, because most tokens have no value, their existence is just hype.

[Spoetnik]

..and more importantly why should anyone care ?

After the scam coin called Ethereum launched (as well as Ripple) the definition for the term went out the window.

Now it literally means anything.

[tobatz23]

Altcoin, from its word itself is a digital currency or cryptocurrency means alternate coin to bitcoin.

[aizadelacruz99]

altcoins is a alternating coin to cycle buy and sell of trading site . all list in trading is called altcoins.

[MilanaPay]

The easiest way to understand is that Altcoins are everything else except Bitcoin. One Bitcoin just is not Altcoin, he's our father! 

[gangem07]

The easiest way to understand is that Altcoins are everything else except Bitcoin. One Bitcoin just is not Altcoin, he's our father! 

Altcoin is a competitor of bitcoin.Competitor of getting launched that offer modifications in areas like transactions speed,privacy and proof of stakes and few of bitcoin competitor has gained popularity and the rest are lesser known.

[amwer]

Using our easy guide, you may already be familiar with the ins and outs of Bitcoin. But away from Bitcoin, there are hundreds of other digital currencies. These are known as "altcoins", or Bitcoin alternatives; For example, Ether, Waves, Zacus, Monroe and Dash, fewer names.

[Hendrahendri]

While Altcoins is said jamak of Altcoin showing the number of the many. At first Altcoin is meant to act as Alternative Bitcoin, according to me of the most altcoin, only the coin ETH very popular and the price is expensive.

[withche.07]

I think its best to call it "alternative blockchain services" or something. All of them use same old tech but in different ways, codes, or uses. Altcoins aren't scam no I don't buy it, there are great useful altcoins out there.

[jvdp]

The easiest way to understand is that Altcoins are everything else except Bitcoin. One Bitcoin just is not Altcoin, he's our father! 

Million time asked question in multiple sections. Why you are explaining the altcoins information to people who does not research about what is altcoin in Google search as well.
Expect bitcoin other coins are just consider as altcoins but I will split that top altcoins and cheap altcoins.
There are 900+ cheap altcoins in the market ignore them.

[bitmover]

Everything that is not Bitcoin is an Altcoin.
One day dollar will become an Altcoin too !! lol

[kram31]

Describe altcoin in one word and why chose that word

AWESOME!
altcoins or alternative coins are awesome to have in this world, they are not just currency or an investment, these cryptocurrencies are helping bitcoin to be busy and extend the value to its best, without this alternative bitcoin will be sleeping most of the time and will not be appreciate by many people.

[aliborn]

Altcoin is alternative coin launched after success of Bitcoin. But aside from bitcoin, there are hundreds of other digital currencies out there. These are known as “altcoins,” or alternatives to bitcoin; for example, ether, ripple, zcash, monero and dash, to name just a few.

[shinratensei_]

Describe altcoin in one word and why chose that word

Altcoin "Alternate Coin" because bitcoin as the main and altcoin were there to give another alternative way to avoid the bitcoin scalability problem. I remember the first altcoin was created. It looks like to compete with the bitcoin but after the more people are knowing about the fact bitcoin has a problem with its scalability of the blockchain and then they are calling that as alternative cryptocurrency or altcoin.

[monalia]

Describe altcoin in one word and why chose that word

altcoin is an alternative coin everyone know this word then why you asking in one word. It is a simple English alt means alter or alternative. All the cryptocurrencies are altcoins except Bitcoin but this question is too many times discussed in this forum. So try to avoid the simple questions.

[valnd]

Altcoin is an alternative coins to bitcoin. Bitcoin been the first and the leading coin other coin that come after bitcoin is regarded as an altcoin

[Niobeh]

Describe altcoin in one word and why chose that word

As what i have read and understand,  altcoin i guess "alternativecoin". There were lots of coin then, after bitcoin was born, all coin that follows are called altcoin.  Which let you have more chance to gain more coin in different methods yet all of those are called altcoin. Thats how amazing altcoin is,  it lets you take easy ways to gain more.

[luan la]

altcoin is not coin bitcoin, i understand that simple

[katixrecamara]

"Future". I think it is a future of all fiat currencies. Of course it will take decades but I'm sure it will change the world's attitude to paper money.

This one can make the perfect cut, "future"
I believe what altcoins offer is future, a relatively brighter future for those who believe in it and make good use of it, and supports it.
Altcoin may not be as glorious as bitcoin, etherium, monero, and many others, but it is sure present in the future.

[kobe24]

One word is not enough to describe altcoin it's an alternative coin next to bitcoin, even the forks of bitcoin called altcoins

[tramadols]

Describe altcoin in one word and why chose that word

I think when you want to find knowledge about crypto. get used to reading, because reading culture will give you lots of knowledge and insight. here there is a lot of discussion you ask. look for it

[roronoa zoro]

Altcoin kepanjangan dari Alternatif Bitcoin yang artinya mata uang virtual/digital atau koin alternatif dari bitcoin.

[bjmpoker001]

Describe altcoin in one word and why chose that word

altcoin is the alternate cryptocurrency coin beside bitcoin.
There are many altcoins created nowadays, my favorite altcoin is ethereum, it has smart contract.

[mariaana]

Altcoin is a dummy. Dummy is an imitation of the original. Altcoin is built on a framework that imitate the success of bitcoin.  These altcoins are launched to offer modifications in areas like privacy, proof of stake and many more to address the shortcomings and limitation of bitcoin.  However, these are just a way to call bitcoin in another name but in the end it will be converted back to bitcoin.  Bitcoin is a digital currency acceptable to a wider network that offers a wider acceptance in the coin market.

[SejoTong]

"Choice". I mean that after altcoins have been created people received a choice between them and BTC. Also word "Chance" is possible.

[mickeybuddy27]

Altcoin is an alternative coins to bitcoin. Bitcoin been the first and the leading coin other coin that come after bitcoin is regarded as an altcoin

Altcoin is used to have bitcoin buy trading it or through exchange. Without altcoin, it will be hard for the new ones to earn without investment because few participants are being accepted when joining signature campaign. Without bitcoin, there is no altcoin because bitcoin is the foundation of all cryptocurrencies.

[ankurguta87]

Describe altcoin in one word and why chose that word

An altcoin is any digital cryptocurrency similar to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used describe any cryptocurrency that is not a Bitcoin.

You can easily Google it.

[Ostonian]

Altcoin is an alternative to Bitcoin cryptocurrency. That is, it's all crypto currencies other than Bitcoin himself.

[ORiN]

Altcoins offer healthy competition in the cryptocurrency market, and thus provoke Bitcoin developers to remain active and continue to develop innovations. If part of the cryptocommunity finds that Bitcoin is obsolete and no longer satisfies their needs, they can take altcoin.

[Meraki]

Alternative. The word itself is it's meaning since bitcoin is the first ever cryptocurrency created thus it is always getting called bitcoin and other crypto other than bitcoin is called alternative coin or ALTCOIN for short.

[Meycell]

Describe altcoin in one word and why chose that word

amazing. because I think Altcoin is amazing and amazing. because Altcoin is increasingly emerging and giving a reference for coin users. and also Altcoin be the solution to the problems that exist in the world of Cryptocurrency.

[elimi]

Altcoin is the alternative cryptocurrency launched after the success of Bitcoin. , they project themselves as better substitutes to Bitcoin. Many altcoins are trying to target  limitations that Bitcoin has and come up with newer versions with competitive advantages. There is a great variety of altcoins

[0t3p0t]

Describe altcoin in one word and why chose that word

Altcoin is an alternative coin that is too dependent with Bitcoin. A cryptocurrency that is different from Bitcoin either in terms of platform or purpose. Altcoin is a cheaper alternative to Bitcoin. I chose those words because it is what I think Altcoin is.

[ellabanana]

FUTURE
Just like Bitcoin, altcoins is also considered the future. For now, we're not yet certain which altcoin will survive through time, since it we notice, everyday, new coins are made but only few remains. But, we should not be discouraged in investing to altcoins, just like Bitcoin, it also started from below and rise from among others. So, only time will know. Let's have as much as we can.

[bright07]

Altcoin is a group of many coins of that indivisual altcoin. It is also known as online digital currency which is run on the internet and people use it for buy and sell to any thing in the real market of any country where that coin is legal for every work. There are so many altcoins are running in the market.

[wanderloy]

Describe altcoin in one word and why chose that word

Altcoin is the alternative coin that is not Bitcoin.
Bitcoin is the first of it's kind so no matter how many are the new coins existing in the future, they're all called altcoins because Bitcoin is the only coin that exist in the crypto market until today and altcoins are those next on the list of Crypto blockchain in the world market.

[codeash]

Altcoins refer to all the cryptocurrencies and coins other than the main bitcoin. After bitcoin, many cryptocurrencies and coins came into the market which got the name altcoins. Altcoins have become popular due to high return they gave to investors in past. Some altcoins such as Litecoin has given good returns since launch. Altcoins are risky as compared to bitcoin. Altcoins is a kind of high risk high return investment. Predicting the future of an altcoin is very tough. However if you analyze the project and team very carefully, you can get rough idea of probability of success of an altcoin.

[bonifacioB]

Altcoin stands for alternative coin wherein altcoins serve as secondary coins or optional coins which investor have a choice to choose coins because some of altcoins are cheaper in prices than bitcoin because bitcoins are so very expensive coin and without altcoins, cryptocurrency world is nothing because, investor don't have an option to choose coins to invest.

[blacksnapper94]

Altcoin is alternativecoin which means coin-coin other than bitcoin. The purpose of making this altcoin is to cover the weakness of bitcoin is the limitations of the amount of bitcoin in circulation that is only about 22 million coins only, then altcoin was made. Until now there are about 150 altcoin on the market with varying prices, there are even altcoin prices that exceed the bitcoin price itself either 2x fold, 3x fold, even 10x fold. But a lot of altcoins are very small.

[holigans]

Describe altcoin in one word and why chose that word

I think altcoin is a good cryptocurrency and can invest in the long-term like bitcoin and Ethereum which now have a good popularity and have a big market and altcoin also need bitcoin, and bitcoin too

[DevilCredit]

Describe altcoin in one word and why chose that word

I mean Altcoin is an alternative. because I believe that Altcoin is a coin that is used as an alternative to Bitcoin. besides Altcoin also as supporting actor from Bitcoin.

[ar72]

Altcoin is 'other bitcoin'. Altcoin, it means alternative bitcoin that describe a single cryptocurrency except bitcoin. Altcoin is made after bitcoin has valuable and high price in cryptocurrency world.

[clairdelune]

Describe altcoin in one word and why chose that word

Altcoin is combination of two alt + coin. alt is a short term for alternative, and oIn signifies the curency. In short it is alternative coins. it is also a group of coins, it is also launched after BTC.

[javacomedy]

Describe altcoin in one word and why chose that word

Altcoin's generation. because I see Altcoin as a new generation on Cryptocurrency market. with this generation, market Crypto will be increasing and flooded by enthusiasts. therefore the word generation is a suitable and appropriate word.

[ginika]

altcoin is another term for cryptocurrency other than bitcoin. long name altcoin is alternativecoin which means coin other than bitcoin. the purpose of making altcoin is to cover the weakness of bitcoin which has a limited amount of bitcoin, which is only about 22 million coins only, then altcoin is made. altcoin is also an alternative for us to collect bitcoin, after collecting we can exchange it with bitcoin.

[BrianBrianBrian]

Altcoin is alternate coin.
Describe in one word? The word I choose is babies!
They're like bitcoin's babies  
That roam the cryptocurrency world to help startup businesses.
Usually they're self proclaimed as a better substitute to bitcoin, since they look up to their daddy which is bitcoin.
They were like followers who follow the steps of their father.

Really hard to explain altcoin incorporated in a word I chose. But that is what you're looking for, so I hope you have fun reading this.  

[usekevin]

Describe altcoin in one word and why chose that word

Bitcoin is the first created decentralised digital currency. The coins after the bitcoin is called altcoin. Now the most popular and potential altcoin is Ethereum, litecoin and Monero. As compared to bitcoin, the potential of altcoin will be low always.Altcoin is also the cryptocurrency as like the bitcoin.You can buy altcoin at cheap price than bitcoin.

[Adalwolf]

Describe altcoin in one word and why chose that word

extraordinary. because what I see Altcoin is a new coin that has a pretty good development. and I see the development is quite rapid, so I think Altcoin is extraordinary.

[nanik nasal]

altcoin is another term for criptocurrensy other than bitcoin, and the purpose of making altcoin is to cover the weakness of bitcoin that has limited amounts of bitcoin, altcoin is also an alternative for us to collect bitcoin, and altcoin is the next in the list of cripto blockchain in the dunuia market.

[skullsandbones]

Describe altcoin in one word and why chose that word

Altcoin in one word, i would say ETHEREUM.  Because it's the first alternative coin after Bitcoin and it's the mother of all other Altcoins and has proven to be less volatile than other Altcoins.

[Jinz02]

Altcoins are the alternative cryptocurrencies and bitcoin is related to altcoin not only bitcoin but other token too.

[Leftneck]

Describe altcoin in one word and why chose that word

The word “altcoin” is an abbreviation of “Bitcoin alternative,” and thus describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component.
source : https://www.ccn.com/altcoin/

[ATSgrowth]

Because it comes from the words: alternative cryptocurrency. Many of them have the same features: blockchain, decentralization, proo of work/stake and so on.

[maerose_sun]

The term “altcoin” describes any cryptocurrency alternative to Bitcoin. For example, Ripple, Litecoin, and Ethereum are all technically “altcoins. Altcoins are typically riskier than Bitcoin. Their exchange rates are often more volatile, and over the years virtually no altcoins have maintained their value against bitcoin; most have come and gone. On top of that, many altcoins can be considered outright scams, mainly created to enrich its inventors and early adopters.

[jack long]

Describe altcoin in one word and why chose that word

altcoin is a good concurrency and can invest in long-term such as bitcoin and Ethereum which now have good popularity and have a big market and if bitcoin without altcoin what will happen to the fore because altcoin and bitcoin need each other

[bright07]

Group of coins of digital crypto currencies has been named as Altcoin. It is made of two words alternative +coin (alt+coin). The coins which are in alternative of bitcoin, people give it the status of Altcoin.

[Dek_Fakhri]

Describe altcoin in one word and why chose that word

Altcoin is the first cryptocurrency created in the world and the world's first created virtual currency is bitcoin and so bitcoin is a currency that is known by the rest of the world and bitcoin is also very promising and so far bitcoin is in great interest by many people and with bitcoin we can invest in long-term to get profit ,,

[MancyZz]

Describe altcoin in one word and why chose that word

generation. because I see Altcoin is a generation of Bitcoin. During this Altcoin continue to support the development of the Bitcoin. so the Altcoin progress and growing.

[Dek_Fakhri]

Describe altcoin in one word and why chose that word

Because ETH coins have a good popularity and can survive for the future, so many people are buying Ethereum and have a desire to invest in the long term to get the advantage especially Ethereum has the largest platform

[morrisby25]

Altcoins in full means the alternative bitcoins. It can actually be explained as any crypto currency that is similar to bitcoin. After bitcoin was created and after a few years appreciated and made waves and even made the holders very rich, since then thousands of other similar crypto currency have been developed which we now call the altcoins. Many altcoins are trying to find out any perceived limitations that bitcoin already has and come up with a newer and better version with a competitive advantage.  Only a few altcoins will get it right in the end.