I'm new here,what is altcoin

[Wenbing]

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

and how influential is altcoin because beginners that ask question is really or interested to know which I am willing to know.

I know some people will react to this topic violently and some will respond with manner,
I am here to know what i don't know because I believe that knowledge is power and also the beginning of success.

Altcoins is a term that is used to refer to alternative cryptocurrency other than bitcoin. The bitcoin is the pioneer of cryptocurrency and its is usually grouped as indpendent while other form of coins such as litecoin, ethereum, Bitcoin cash, Stella etc are all grouped to be altcoins.

[giammangiato]

Altcoins means alternative coins, and it is composite by all the coins that are not bitcoin. Some of these coins are very different from bitcoin for the tecnology and for bases and others are forks of projects. Sometimes happens that the same project takes two different directions.

[witbla]

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. I would say, mine is pretty rational and can help to find the most advanced solutions

[hwteeer]

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. I would say, mine is pretty rational and can help to find the most advanced solutions

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

[witbla]

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

[hwteeer]

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. And are there many solutions you can outline that follow your requirements? Curious to hear

[witbla]

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. And are there many solutions you can outline that follow your requirements? Curious to hear

Nope, not many. I would only outline Centric. The solution is coming with 2 tokens. The first token, Centric Rise, is the network's transactional currency - it steadily increases in price hourly in accordance with immutable price blocks set publicly one year in advance. The second token, Centric Cash, is pegged to the first and will freely trade on major cryptocurrency exchanges. And I definitely recommend you to Google them to have a better understanding on what solution stays for

[Peanyut991]

Simply Altcoin is a coin (crypto) other than bitcoin. Now many new altcoins are emerging through the ICO, ITO and IEO programs.

[libert19]

You are in crypto since 2016 and don't know what's altcoin 

I'm not acting 'violently' as you say, i just find question stupid plus a simple Google search will give you the answer.

[meanwords]

Both are cryptocurrency but have different tiers. In terms of influence, let me explain. Bitcoin is the king, altcoins is the servants. When Bitcoin makes a move, altcoins will follow it. While if an altcoin makes a move, it will barely have an influence over Bitcoin. But if a lot of altcoins made a move, it will have a greater effect on Bitcoin.

Ethereum falls under altcoin.

You are in crypto since 2016 and don't know what's altcoin 

I'm not acting 'violently' as you say, i just find question stupid plus a simple Google search will give you the answer.

To be fair, he did not say that he is into crypto since 2016, he only said that he heard Bitcoin and ETH since 2016. Though google might have been an easier way, maybe he wants the interaction of the members here? I don't know why he asked just now when his first post was June 10, 2020.

[posporo]

Bitcoin, Ethereum and Altcoin are all called cryptocurrency. Bitcoin is the first ever cryptocurrency made in the history of blockchain technology after bitcoin was made, there were lots of cryptocurrency developed like ethereum, bitcoin cash, ripple and many more. All of cryptocurrency excluding bitcoin are called altcoin for short which means alternative cryptocurrency.

[ROB18]

Just a brief explanation. Altcoin is basically 2nd to BTC. Alltcoins or also known as "Alts" are those coins that are in the market that isn't bitcoin. Like ETH, BNB, XRP etc. It's almost like stocks if you look at it.

[isaac_clarke22]

Anything aside from Bitcoin, OP.
That's why they're called "alt" in prefix for a reason.

From how influential it is depends on the altcoin as each altcoins have their own specialty such as ETH being used to make smart contract platforms.
Start with Bitcoin first and decide what alts do you want to buy.

[mithun303]

The term Altcoin refers to all cryptocurrencies other than Bitcoin. They are sold as an alternative to Bitcoin. Altcoins are the other cryptocurrencies lunched after the success of Bitcoin. Altcoins are a virtual currency, Which works according to its rules.

[StephenJH]

Just a brief explanation. Altcoin is basically 2nd to BTC. Alltcoins or also known as "Alts" are those coins that are in the market that isn't bitcoin. Like ETH, BNB, XRP etc. It's almost like stocks if you look at it.

Great explanation, but l think there is a lot of information, which from he can learn about that so easily. That is why it is not simple to teach somebody about altcoins or something. In my humble estimation, it would be great, when he makes his own research about that on Google and also there are a lot of youtube videos. To learn something is not harder than in the past, anyone can learn what they want.

[Rengga Jati]

I heard the knowledge of bitcoin (btc)and ETH since 2016 and i want to know the difference between altcoin and BTC and ETH.

Altcoins are the cryptocurrencies besides Bitcoin, this is considered as an alternative coin. They are likely ETH, BCH, Ripple, and many others. You can check on the Coin market Cap, coincap, COingecko, and many other trackers to know what other altcoins to find out. You will also find the lists of the altcoins on the exchanges. Exchanges are likely Binance, Kraken, Kucoin, Indodax, and others. In altcoins, you will also find the difference of "coin" and also "token". You should get more sources to be read. Are you willing to read? You can browse and use search feature on Google and you will find anything you search for.

One to remember is that in the crypto world, please remove the thought that "you will be rich easily". This may happen in some years ago. but for now, it should be considered about the chance, leading to the risks or profits that will be gained. Never also heard about the hype and also moreover follow the hype. Better to check and recheck about the progress of the crypto wisely, not only following and buying coins based on hype.


In this crypto world, you must also decide what will be you are. You may be only an investor, trader, bounty hunter, and also other positions. Whatever your position, you must learn more about it. learning by doing is also good enough to make you know exactly what happen in this crypto world.

[inoes]

Alt = Alternative. Coin = Currency. so that means an alternative currency. Alternative Vs. Main. Primary = BTC and the alternatives are those other than BTC, as you mentioned that ETH is altcoin. so for altcoin the number is not limited very much. there are those that sell well in the market and those that don't sell. so be that the terms scam, shit coin, Airdrop, Ico, IEO, and other terms appear thanks to altcoin.
 You can learn some information from the subforum https://bitcointalk.org/index.php?board=39.0

[BitcoinTurk]

I do not understand why you are creating content with such a question title when you can research about this topic. Anyway, if I need to answer your question, I can briefly explain it as follows. Bitcoin is the first cryptocurrency created and has become the ancestor of cryptocurrencies. All cryptocurrencies or tokens except Bitcoin are considered as "Altcoin" because they are Bitcoin alternatives.

[LuciferMorningstar]

The term "altcoin" existed way back in 2016 too. Just the way people refer to any crypto that wasn't Bitcoin at that time. Now, I think the term is very loose as some people like to use it with any crypto that wasn't ETH or crypto in the top.

[kaseygriffin]

The term "altcoin" existed way back in 2016 too. Just the way people refer to any crypto that wasn't Bitcoin at that time. Now, I think the term is very loose as some people like to use it with any crypto that wasn't ETH or crypto in the top.

It has existed since 2014 or 2015 in my memory. Ever since I knew this market, altcoins have existed. As long as they are not bitcoin, they will definitely be called altcoins