What is the different between alts and Bitcoin?

[Raqeebzy 6456]

Altcoin is just a short form of alternative coin which means other coins apart from bitcoin. So it is quite logical to say all coins are altcoin except the bitcoin. There's no hidden meaning to altcoin apart from this.

Altcoin is just a short form of alternative coin which means other coins apart from bitcoin. So it is quite logical to say all coins are altcoin except the bitcoin. There's no hidden meaning to altcoin apart from this.

[Zalaks007 543]

Bitcoin is the first cryptocurrency to be created and it is an independent coin which means it doesn't depend on anyone or anything but unlike altcoin which age solely dependent of btc and are created just after bitcoin was created.

[Saj555 2250]

Both are the same. People just love to call it with different names only. That's it. Bitcoin is the father of all cryptocurrencies. Because ut was the crypto that was created successfully. And then other cryptocurrencies were invented. And now all those are called altcoins. Etheruem, litecoins,Ripple etc. are the example of altcoins. Basically it's a word that is only used to refer the cryptocurrencies. 

[Hatred 1388]

Actually, there is no big difference between bitcoin and altcoins. Both of the two choices are belongs to the cryptocurrency. The only difference to it is that bitcoin is the pioneer. I mean it is the know as the mother of all cryptocurrency and the altcoins are its subordinates or children. That's the only difference between the two.

[TimopheyKa 3900]

BRO, my assumptions are that bitcoin is the very basis of cryptocurrency, and altcoins are already the younger brothers of bitcoin! In other words, these are currencies separated from bitcoin itself!

[Shoeb45 12]

In my opinion,Bitcoin is the original coin and altcoin is the alternative coin which comes after bitcoin.Altcoin is less expensive than bitcoin.

Bitcoin is much profitable than altcoin.  

[Solex 2262]

Both of them are Cryptocurrency but the difference I know best is that bitcoin is the first digital currency while altcoins(alternative coins) are coins that came to existence after bitcoin. Bitcoin is said to be the most expensive Cryptocurrency while altcoins are the coins that depends on the price of bitcoin to increase in price.

[Strygwyr 317]

On 12/7/2019 at 11:32 PM, fo1lluko1l said:

In fact, there is no difference. If we talk about individual cryptocurrencies, such as Ethereum and bitcoin, the difference is in what algorithms they work on and what type of encryption they use, and of course in the price.

That is true. It is just that bicoin was the first, and the original cryptocurrency. It is the father of all cryptocurrencies. Alternative coins or 'altcoins' are just called as their terms, because it was an alternative for the bitcoin. I guess that explained it.

[TheRaed 1247]

The two currencies are completely independent of each other, each has its own price and investment in it due to reading the currency market and nothing else

[zizi17 50]

The word "Altcoin" is said to mean "an alternative to bitcoin" and is used to describe a cryptocurrency that is not Bitcoin. In my opinion, Altcoin like Bitcoin is also a digital coin. Bitcoin can be used for online transactions between people and its value is different. Two good currencies.

[Projectcrypto 4382]

I don't know much difference between them because they are used for thesame purpose in cryptocurrency world but I will list some little difference between them which includes; 

- Bitcoin is more expensive than any altcoin.

- Bitcoin has it own personal blockchain while altcoins are under another blockchain.

-Bitcoin is single while altcoins (alternative coins) are more than one.

- Bitcoin is independent coin while altcoins are dependent on bitcoin.

[Moaz 7239]

I think that the most important difference between Bitcoin and alternative currencies altcoins is the difference in algorithms in blockchain technology, the speed of transactions between one wallet and another, withdrawal fees, the level of privacy and security for both Bitcoin and altcoins

[Sarahden111 1231]

It can be said that alts are the little children or guests on the blockchain network that they host them on, which is the basis of a facility or a bitcoin built And then the alts appeared and began to work and move on this network.

[gourav789 2834]

I didn't think that their is too Much difference in Altcoin and bitcoin . after bitcoin whole coin are called altcoin ( according to coinmarketcap ) .

bitcoin are used it's own blockchain while some coin used Etherium blockchain or mostly of them have own. 

[Marks33 535]

Both btc and altcoins are crypto currency but btc is the first crypto currency and also has the highest value among the crypto currencies  and it is also refers to as digital gold. Most altcoins price depends on the price of btc to fluctuate(rise or fall).

Edited August 11, 2020 by Marks33

[Tunuu 2235]

Altcoins (Alternative coins) are those crypto coins which came after their father Bitcoin. Popular altcoins like LTC, ETH, XRP, EOS and many many many more depends on bitcoin and that is why they can grow when BTC grows, and they can fall when BTC falls.

[satella17 65]

On 12/7/2019 at 9:01 AM, Delgboke said:

I have been hearing altcoins since I came to know about cryptocurrency so I want to really know what differentiate altcoins and Bitcoin, for you that has been in the industry for a long time what do you have to say? 

the difference is mostly algorithms and projects since altcoins have their own projects but most follow the price of bitcoin

[Affect579 66]

In general, there is no difference. For the most part, they differ in the type of encryption. And I think it is obvious that the price. Also, history shows that investing in bitcoin is more profitable than in altcoin, which is why most people invest in bitcoin.

[Teminali69 1081]

On 10/3/2020 at 12:22 AM, Eklat said:

There are many differency between Bitcoin and Altcoins.Bitcoin first Cryptocurrency.Bitcoin price also higher than any Altcoins

It is not true that bitcoin price is higher than other  cryptocurrencies, there are coins that have very low supply and are higher than bitcoin.

[candyguyyy 43]

well i think alts  refers to all crypto currencies other than Bitcoin Some of stable coins can Not be mining and some other can be mining can be to develop with technology plus that bitcoin it oldest one and much famous

[annayks 2314]

I have to say that this question is so easy to answer and you don't even need to question what altcoins are. Every cryptocurrency except Bitcoin is an altcoin. This is one of the first and easiest things you learn in a simple introduction to cryptocurrencies, but it seems that you didn't even want to read about that and just ask these questions that are bellow any silliness level.

[Juan Vazquez 202]

On 12/7/2019 at 9:01 AM, Delgboke said:

I have been hearing altcoins since I came to know about cryptocurrency so I want to really know what differentiate altcoins and Bitcoin, for you that has been in the industry for a long time what do you have to say? 

My opinion of the difference of bitcoin with other coins is that bitcoin its main objective is to represent money on the internet and give it value through supply and demand, unlike altscoins that not only have value due to supply and demand If not, they also give added value as a project so that the cryptocurrency can be useful and used within the ecosystem so that the crypto does not disappear into oblivion

[zhoutong 2188]

Bitcoin is the all father. Altcoins are all based on the blockchain technology of Bitcoin. The name means alternative cryptocurrencies and they are all lower in status than Bitcoin. I hope to clear this for all beginners so they remember that Bitcoin is the best and altcoins follow.

[khan22 3478]

Bitcoin is a single coin but the ALT coins are the other different coins and in the crypto market we can earn good money and so many peoples will know that crypto can change our life in a short time and we can earn good money in this market in a short time.

[cryptovlek 2597]

On 12/7/2019 at 5:01 PM, Delgboke said:

for you that has been in the industry for a long time what do you have to say? 

You learn this from the first day in crypto. You search something like bitcoin price and coinmarketcap appears you enter and find there are thousands more cryptocurrencies. You don't need to be in the crypto market for years to learn that there is Bitcoin and altcoins.