I have Doubt

[Raimond360]

I have Doubt

[1714482301]

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[UserU]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

If you want to know more about cryptos, the best place is to read up on articles and Google the coins you're interested to learn about. There are plenty of resources and there are no best ones out there, because there's no best one-stop solution.

Alternatively, news publications are a good start, with some below:
CoinTelegraph
Cryptonews

[mk4]

"Altcoin" isn't one certain coin. "Altcoins" are pretty much coins that isn't bitcoin; alternative coins.

If you want to know about cryptocurrencies in general, I suggest reading this: https://coindesk.com/information

[Upgate]

@coin-desk has been very elaborate in his description of what altcoin is in addition altcoins are so many but if you could google coinmarket cap you would see the top 99 altcoin I'm cryptocurrency the list comprise of top 100 coin I excluded bitcoin which is the number one coin because it's not an altcoin

[Ozunab]

An altcoin is an digital cryptocurrency similar to Bitcoin. Altcoin forks at the blockchain level, an alternate system of consensus rules must be used and the coin will have an entirely different distribute

[Velkro]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

If you know about original invented crypto, first revolution in the world which is Bitcoin. You know by comparison what altcoin is. In general its copy-paste of Bitcoin, with minor changes introduced to it.
So you copy-paste Bitcoin naming it RaimondCoin and change rule of max 12 000 000 coins in circulation to 6 000 000 coins in circulation. There you go, you have your own alt-coin.

[Harlot]

Hey there at this stage I think it is better to read more rather than ask questions first as you would definitely receive a lot of different answers as your question is pretty general. If you think you have hit a bump or something that you cannot even search then that is the time for you to be asking questions. As a newbie to altcoins you don't really ask where to start but you need to find out for yourself as it is a learning experience for you.

[NeuroticFish]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

You are quite vague and quite lost.

Shortly: first Bitcoin has been created. It's basically a computer program. A program on which the digital currency called Bitcoin runs (and only Bitcoin).
Then others have seen this and made their own programs. Some more or less different than Bitcoin. Those are altcoins. Each is a different program, each such program supports one such coin.
Then the tokens came. They are a little different and I don't want to confuse you, so I'll stop here.

It's a simple start. Now start searching. It's a lot to learn and people here don't like to spoon-feed others. When you start to get a clue, you can ask more specific questions.

[leowonderful]

There's also a general section about altcoins called Altcoin Discussion (click to go here) on this forum if you wish to learn more about alts and potentially invest in one or multiple of 'em. Announcements (Altcoins) (click to go here) is another good section of this forum if you'd like to look at new altcoins that have just been released. I would suggest visiting these parts of the forum after reading what mjglqw posted, however, as that'll give you enough info to comprehend what you'll read in the sections I linked.

[Chikitita2004]

Welcome folk. See that the forum is very organized on each topic it has. There is an Altcoin section specifically where you can read and learn a lot about altcoin but it will not also do you harm if you ask from time to time in this section about somethings that you are not sure about. Me personally, I learned a lot in reading posts here in this forum, articles outside and informations from peers as well.

[Artemis3]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

Bitcoin is the original cryptocurrency. Altcoin is a generic term to define all the other coins that followed. There are so many of them that you have no choice but to research each one individually for their merit or disadvantage.

The forum area to talk about those is: [ DO NOT POST SESC LINKS #6]Alternate cryptocurrencies[/url]

Bitcoin is another free open source project. Anyone can take the code, do some changes and release a new coin. That is why there are so many of them. Of course, the market decides if they have any value or not, and how much or little. Many simply wanted to be as successful as bitcoin was, but regret not being there when it all started, hoping to make a new coin to see if they too could make a fortune. But in the end they didn't get as much value as bitcoin, and all of them together are still moving less fiat equivalent money than bitcoin alone.

But of course you are free to make your own choices. Just remember to use the designated area for that purpose. This forum was originally bitcoin alone, that's why its got "bitcoin" in its name

[FutureICOs]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

Hi buddy, it’s very important that we don’t shy from learning. I suggest you to try out this https://cryptolinks.com/crypto-guides-and-courses-know-how-info - I am sure this will take you to the right direction that you require to move. IF you learn and understand things right then only you will be able to succeed. So, do not shy away from learning instead focus entirely on this and if you don’t understand then there is no better place than this forum to ask about!

[TradingIsBreath]

List of altcoins, their price, chart, Exchanges on which they are available the corresponding explorer of the coins all these details are available at
https://coinmarketcap.com/ and if you want to buy any you can visit https://coinswitch.co and buy 100+ cryptocurrencies through credit card and can exchange 45000 Coin pairs.

Custodial exchanges get hacked so, better use non-custodial exchanges like Coinswitch, changelly, shapeshift etc.,

[boyptc]

Welcome here raimond.

Except bitcoin, most of the coins that you can see on coinmarketcap.com are all altcoins. And you should be careful if you plan to invest to any of them, DYOR before investing to an altcoin.

[Cryptoprimes]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

In case you like to know about altcoins, it will be better to start from the basics and from the Bitcoin itself. No any currency is still better than Bitcoin, so at first try to understand how it works.

[greenlanternlight01]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

Nice to have you in the cryptocurrency world.

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. Altcoins are created by diverging from Bitcoin consensus rules (the fundamental rules of the cryptocurrency’s network) or by developing a new cryptocurrency from scratch.

Source: https://whatis.techtarget.com/definition/altcoin

[carliexoxo]

If anyone here is gonna buy Crypto the tip that I can provide you is to at least learn what makes cryptocurrency go up and down. It might be helpful for newbies

[Johnzky]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

What doubt you are referring to?and since you are new in crypto better learn about bitcoin first before jumping into altcoins because this is a different issue.but i guess Coin-Desk has explained it already and clearly

Altcoin's full form alternative coin. Here the meaning of coin is cryptocurrency. All other coins except Bitcoin are called altcoin. Example of altcoin: Litecoin Dogecoin Ripple coin etc. Altcoin has been created after the introduction of bitcoin. It is also like Bitcoin peer to peer cryptocurrency. If Bitcoin is a king, then altcoin is a tenant. So, instead of Bitcoin, any other coin is called Altcoin. Hope to understand.

Best regards
Coin-Desk

This is one great explanation of Altcoins and enough to understand the mean though i guess some Videos and articles may give more for his references

[Eclipse2021]

wich altcoin ? because he have hundreds of them and I have my doubts to with some of them and I recently read a good article about why altcoins must die in order for bitcoin to grow again and was quite interesting as some altcoins are overvalued...

[Juggy777]

I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.

Hey there is no altcoin system, these are alternate coins that are not bitcoins, and one should avoid them to be honest. As you’re new to crypto’s I would suggest you to read and understand about bitcoins, make sure you realise these are volatile and risky. If you’re keen to invest I would recommend bitcoins, if you’re keen for altcoins reluctantly I’ll suggest Ethererum and Ripple only.

https://medium.com/altcoin-magazine/a-beginners-guide-cryptocurrency-32a4158668e8