What is the difference between altcoin and bitcoin ??

[Rikotin]

precisely, bitcoin and altcoin have different functions, both in investment and trade. if you want to get a lot of profits, you can invest in bitcoin and if you want to take risks, you can invest with altcoin. my advice is always be careful before you invest in altcoin, make sure they have further price developments.

[barnes13]

Actually it's a fairly simple explanation. Altcoin exists as an alternative coin after Bitcoin has become a pioneer. Altcoin is made to perfect the technology that is in Bitcoin. With the existence of this alternative coin, we can expect the implementation of blockchain technology to be applied in several sectors and with more advanced technology. But unfortunately at this time many altcoins that appear only by tracing existing sources without the slightest increase.

[Genemind]

Bitcoin is actually known to be the father of all coins. Meaning, it has passed through the tests of time and it has been through a lot of changes and development. Alternative coins are those who are trying to follow the footsteps of bitcoin. We could both invest with both Bitcoin and altcoins but you have to be wise in choosing a potential altcoin these days.

[jets567]

No offense mate but what are you asking is a little bit broad. Did you even try first to make a research about it? I advice you to do it own your own first because some of the members here don't tolerate spoonfeeding .

Anyway, let me give my own answer for your question. Bitcoin and altcoins both fall as cryptocurrency. Let's just say that btc is the pioneer and the rest is a copycat (but some of them really got interesting features tho which btc don't have).

I think OP is not a newbie because the first 2 post he/she made is joining a bounty campaign which makes me think that OP has idea about Bitcoin and altcoin. Some people are too lazy to do a quick research about cryptocurrency but so eager to earn some bucks within this space, I hope this kind of habits will change.

[Mianae]

As the name implies, "Altcoins" theyrr alternate to something stronger something superior which is Bitcoin. Altcoins were created after Bitcoin was conceived and actualized. Altcoins are alternatives to Bitcoin.

[mirgo1791]

as trader manages on appealing customs with distinctive then with the future entrance the plan might gives with returns on referring shifts of advantage and trader to goes on tasks with decision as improving more of requirements as becoming part on business with the field of crypto finance.

[Doell]

The difference is quite extensive and many ,altcoin is often referred to as alternatifecoin but besides that the uniqueness and superiority of different products vary and the industry is also different ,you must learn more about this industry

[arwin100]

You need to specify on which altcoin you want to compare with bitcoins since if you say altcoin you compare all of them to the one crypto and also there are alt's who died already and still kick.

But I will give this answer base on my opinion there's only so don't take it seriously, The difference between them is the people support you can see the large number of Bitcoin user as well you can see that Bitcoin n is the face of crypto while the alt's we are getting less support and some of them are totally 100% scam.

[fuer44]

I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail
thanks admin

Simply put, bitcoin is the main coin that was born first, while altcoin is an alternative coin that was born after the existence of bitcoin. So bitcoin is the parent of altcoin or other coins.

that could be said so, but in more detail is actually bitcoin and altcoin are in the same market, and the difference is the market between bitcoin and altcoin between decentralization and centralization. although there is also a new decentralized altcoin. altcoin also issued more new projects for the development of new tokens, while bitcoin remained the biggest and highest coin on the market today without any new projects.

[aomakun]

The difference is quite extensive and many ,altcoin is often referred to as alternatifecoin but besides that the uniqueness and superiority of different products vary and the industry is also different ,you must learn more about this industry

yes you are right, the difference is quite a lot and it takes time to learn it and for altcoin there will be many more differences between altcoin from one another. but still in the name of an alternative coin and usually the difference is in the industrial sector they do. it took quite a long time to learn it because until now I am still learning it too

[sangjoewara]

As the name implies, "Altcoins" theyrr alternate to something stronger something superior which is Bitcoin. Altcoins were created after Bitcoin was conceived and actualized. Altcoins are alternatives to Bitcoin.

That's right, altcoin is an alternative coin created by a group of teams to give choices to everyone, and especially for those who are less able to own bitcoin, because between bitcoin and altcoin the price is clearly very different, so from that aspect arises the thoughts of the founders of the project to make a good altcoin.

[awik p]

As the name implies, "Altcoins" theyrr alternate to something stronger something superior which is Bitcoin. Altcoins were created after Bitcoin was conceived and actualized. Altcoins are alternatives to Bitcoin.

That's right, altcoin is an alternative coin created by a group of teams to give choices to everyone, and especially for those who are less able to own bitcoin, because between bitcoin and altcoin the price is clearly very different, so from that aspect arises the thoughts of the founders of the project to make a good altcoin.

it is true that altcoin provides alternative transactions on cryptocurrency, with various backgrounds. like binance, which has a trusted exchange. so this affects the altcoin they create. but even though both have different unit prices, we can buy it partially, it does not have to be intact in purchasing the coins

[pant-79]

Bitcoin is the very first cryptocurrency in existence while Atlcoins simply means Alternative coins, it is the other Cryptocurrencies that came after Bitcoin and there are thousands of Altcoins in existence presently with many more if them being launched almost on a daily basis.

[cvasy]

altcoin was created to accompany bitcoin but even so bitcoin plays a greater role in cryptocurrency, altcoin is like a currency in the form of penny fractions which is then exchanged into currencies that have bigger fractions, meaning dollars.
While the difference between bitcoin and altcoin is:
bitcoin was created earlier and became the forerunner of other altcoins.
The other difference is that bitcoin and altcoin have different price stability, bitcoin tends be more stable due to the large number of people who buy bitcoin, which makes volume increase, while altcoin is relatively less stable due to its relatively lower market, making altcoin vulnerable to price manipulation.

[sirminesalot]

Bitcoin is the very first cryptocurrency in existence while Atlcoins simply means Alternative coins, it is the other Cryptocurrencies that came after Bitcoin and there are thousands of Altcoins in existence presently with many more if them being launched almost on a daily basis.

indeed bitcoin is the first crypto currency that was created using technological advances as a system and a system requires a companion system or alternative system as well as bitcoin must have an alternative coin too and it can be called altcoin which makes different of course the number of enthusiasts and who use these coins and all that can change without anyone can be sure

[ned.ryerson]

Bitcoin is the very first cryptocurrency in existence while Atlcoins simply means Alternative coins, it is the other Cryptocurrencies that came after Bitcoin and there are thousands of Altcoins in existence presently with many more if them being launched almost on a daily basis.

I think that very soon the number of coins will be reduced. some projects will die on their own, and some will be banned by regulatory authorities and then it will be easier on the market to choose a good project for investment

[MrPiggles]

Bitcoin is actually known to be the father of all coins. Meaning, it has passed through the tests of time and it has been through a lot of changes and development. Alternative coins are those who are trying to follow the footsteps of bitcoin. We could both invest with both Bitcoin and altcoins but you have to be wise in choosing a potential altcoin these days.

There are currently no coins comparable to Bitcoin as this is the only coin that can determine the future of this market. In fact, Altcoin has very good technology and can completely beat Bitcoin but people only care about value so Bitcoin is still considered the safest investment in this market. This year there are many new altcoins but most are just tools to make money and often have very high volatility so you need to be more careful when investing.

[10BTCaDay]

Bitcoin is actually known to be the father of all coins. Meaning, it has passed through the tests of time and it has been through a lot of changes and development. Alternative coins are those who are trying to follow the footsteps of bitcoin. We could both invest with both Bitcoin and altcoins but you have to be wise in choosing a potential altcoin these days.

altcoins are coins that should carry functions that Bitcoin does not have or that will work better than Bitcoin. if the project does not have such features, then it makes no sense to invest in such projects

[Suharti12]

Altcoin or what is called an alternative coin is a Cryptocurrency coin other than Bitcoin, or these coins exist after the advent of Bitcoin, and Altcoin has the same function as Bitcoin, which is for digital currency payment instruments. And this is referred to as Alternative coins because many of these altcoins have lower prices and transaction fees which are also cheaper than Bitcoin, so many people choose Altcoin for their transaction fee.

[DaMut]

Altcoin or what is called an alternative coin is a Cryptocurrency coin other than Bitcoin, or these coins exist after the advent of Bitcoin, and Altcoin has the same function as Bitcoin, which is for digital currency payment instruments. And this is referred to as Alternative coins because many of these altcoins have lower prices and transaction fees which are also cheaper than Bitcoin, so many people choose Altcoin for their transaction fee.

Altcoin has the same function as Bitcoin for payment instrument but there is more than that, altcoin has another function which is creating a new system that we can use to support Bitcoin or creating a system that help Bitcoin for future. For example, creating a new system that we can use without using mining hardware to run the chain, creating a new system that can help us validate the network with the space of storage and many more.