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Muhammed Zakir
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August 23, 2014, 03:29:50 AM |
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This is the most pointless thread ever.
Cryptopaths is an expert troll. I don't know whether he is a troll. He is telling logically. We usually call other coins as ALTs but it can be used vice versa too though it isn't really possible. Both YES and NO for the statement is true in a different way of thinking.   ~~MZ~~ |
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zerocool5878
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August 23, 2014, 03:44:53 AM |
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With this logic, fiat is an alt of bitcoin.
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jabo38
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Activity: 1232
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mining is so 2012-2013
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August 23, 2014, 04:18:38 AM |
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OP has been corrected.
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valvalis
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August 23, 2014, 04:32:54 AM |
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The OP doesn't understand with what he's talking about.
"Alt"coin means Alternate from bitcoin.
Why is the bitcoin doesn't called as Altcoin? Because Bitcoin is the first Cryptocurrency.
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wordman267645
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Activity: 28
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August 23, 2014, 05:24:25 AM |
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I appreciate with you. Bitcoin is the first Cryptocurrency and all others are alternatives to it. It's simple.
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NavalStrike
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August 23, 2014, 06:01:25 AM |
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Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.
Do all of you understand what "alt" means? It stands for alternate.
So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.
Bitcoin is also an alternate to other technologies. I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.
So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.
This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.
The name of the topic made me sad. But i'm still waiting for an interesting discussion. |
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Mightycoin
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Activity: 82
Merit: 10
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August 23, 2014, 07:40:03 AM |
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Bitcoin was first and most used, most valued coin. Its the boss, so other coins can be called alt coins |
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Swordsoffreedom
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Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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August 23, 2014, 10:20:15 PM |
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Bitcoin is the Cryptocurrency. All the others are Alternative Cryptocurrency.  The one who created the original system is the original cryto as Sampey and others have said The rest of them are alt-coins if they use the same types of codes to resolve the double spending problem. That said what we can define is a non-btc Variant would not be an altcoin Bitcoin based vairants are altcoins http://mapofcoins.com/ |
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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August 23, 2014, 10:27:09 PM |
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cryptopath the under 18yo kid that doesnt think before he posts, has yet again started another topic that has no purpose but to make him look worse then people already believe he is.
.. mods please lock these boring and pointless topics that make no sense and offer nothing insightful
Well, if you take a look at all the threads that he started, most are pretty nonsense. Satoshi was murdered, evidence coming in? The first statement doesn't make sense at all. Bitcoin was first, anything that comes after is an altcoin, end of story. You can deny it as much as you'd like but it's hopeless. Will Satoshi reappear to save Bitcoin?
Why does Bitcoin need saving? |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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itsAj
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August 23, 2014, 10:34:13 PM |
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The OP doesn't understand with what he's talking about.
"Alt"coin means Alternate from bitcoin.
Why is the bitcoin doesn't called as Altcoin? Because Bitcoin is the first Cryptocurrency.
This is exactly right. The reason altcoins are called altcoins is because they are alternative coins to bitcoin. They are always inferior to bitcoin as their network security is much weaker (lower hashrate). To say that bitcoin is an altcoin is like saying that bitcoin is an alternative coin to itself. |
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makngeerwork
Full Member
Offline
Activity: 141
Merit: 100
???
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August 23, 2014, 10:43:49 PM |
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cryptopath the under 18yo kid that doesnt think before he posts, has yet again started another topic that has no purpose but to make him look worse then people already believe he is.
.. mods please lock these boring and pointless topics that make no sense and offer nothing insightful
Thanks for the heads up franky, another added to the ignore list. carry on |
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jackjack
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Activity: 1176
Merit: 1233
May Bitcoin be touched by his Noodly Appendage
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August 23, 2014, 10:46:57 PM |
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Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc. |
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R2D221
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August 23, 2014, 10:54:51 PM |
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Bitcoin is an alternative, but NOT to Peercoin. It's an alternative to fiat money. The word alternative means that it was thought as another solution to a current problem. When Bitcoin was created, Peercoin didn't even exist, so logically it can't be an alternative to that.
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An economy based on endless growth is unsustainable.
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evanito
Member
Offline
Activity: 83
Merit: 10
Your average Bitcoin/Ethereum enthusiast
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August 23, 2014, 11:36:40 PM |
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Altcoins are majorly used by people who are:
1) Fans of that coin
2) Daytraders
3) Bots
4) Holders/investors/"hopers"
Conclusion: bitcoin is master coin
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hicaribou
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August 23, 2014, 11:37:52 PM |
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I agree with you that Bitcoin is also an altcoin under the meaning of new technology in the cryptocurrency.
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iluvpie60
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August 23, 2014, 11:48:57 PM |
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Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.
Do all of you understand what "alt" means? It stands for alternate.
So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.
Bitcoin is also an alternate to other technologies. I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.
So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.
This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.
IT IS A NICE TRY... but honestly when you come on here and have a rant about how bitcoin is an alt coin is not true. the alt part of it is talking about how other coins copy and paste their source code from bitcoin or take most of it or some of it and just tweak it. there is a reason bitcoin is at the top and all the others are at the bottom right now. |
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betterangels
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August 24, 2014, 02:51:47 AM |
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Bitcoin is the mother of all Altcoins, dude.  |
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wasserman99
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August 24, 2014, 05:32:07 AM |
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The OP doesn't understand with what he's talking about.
"Alt"coin means Alternate from bitcoin.
Why is the bitcoin doesn't called as Altcoin? Because Bitcoin is the first Cryptocurrency.
This is exactly right. The reason altcoins are called altcoins is because they are alternative coins to bitcoin. They are always inferior to bitcoin as their network security is much weaker (lower hashrate). To say that bitcoin is an altcoin is like saying that bitcoin is an alternative coin to itself. I really don't understand the logic behind the OP either. Bitcoin will always be superior to other altcoins because of the strength of it's network. |
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Hasher99
Member
Offline
Activity: 66
Merit: 10
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August 24, 2014, 05:39:04 AM |
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Bitcoin was the first coin, bitcoin is the king. So all reference will be made with BTC. Its not an actual alternative, but relative.
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Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
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August 24, 2014, 04:30:47 PM |
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cryptopath the under 18yo kid that doesnt think before he posts, has yet again started another topic that has no purpose but to make him look worse then people already believe he is.
.. mods please lock these boring and pointless topics that make no sense and offer nothing insightful
he's hiding out again from the Altcoin section LOL |
FUD first & ask questions later™ |
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