What is an Altcoin?

What is an Altcoin?

Litecoin is the biggest Altcoin. Even if they do not accurately understand how it works, most people are at least somewhat familiar with Bitcoin. However, once they begin to get involved with cryptocurrency, they may be surprised to learn that there are actually hundreds of types of cryptocurrencies known as altcoins. Altcoins are an intriguing facet of the cryptocurrency landscape, but they are not for everyone. Altcoin newcomers often have many questions, and this guide will provide a brief overview of altcoins to help beginners decide whether or not to invest in them as part of their....


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NXT - Proof of Stake and the New Alternative Altcoin

When the crypto community thinks of altcoin, cryptocurrencies like Litecoin, Dogecoin, and Peercoin are usually first on their mind. We have seen a growing number of altcoin since Bitcoin's introduction in 2009, simply because of the rapid adoption of cryptocurrencies all over the world. But is it possible to have an alternative altcoin? The new and innovative altcoin NXT and its developers have made it possible. Less than a month ago, NXT launched their brand new digital currency, and soon after signed BTER as an exchange partner. With no mining on the network, NXT is the most energy....

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Create Your Own Altcoin

Creating altcoins is pretty tricky for the average person. It requires a basic knowledge of C++ programming, understanding compiling errors, etc. Or at least, that's how it used to be. Coingen is a new website that lets you easily create your own altcoin. From the description on the site, "Think you can market an altcoin better than Dogecoin, Catcoin, or even Litecoin? Want to create your own coin and get in on this gravy train? Follow this simple form to get started with your very own altcoin!" Coingen. Creating an altcoin with the default configuration costs 0.01 BTC. You can spend an....

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Despite the never-ending chaos and shenanigans surrounding big-name exchanges such as Cryptsy, altcoin scalp trading (aka "altcoin scalping") is on the rise. Altcoin scalp trading is a blazing-fast style of cryptocurrency trading specializing in volatile markets: quick momentum trades for small, albeit consistent profits. As compared to the many hours conventional day trading and swing trading take to get in and out of position, altcoin scalping takes only seconds or minutes to get in or out of position. It's no wonder this style of altcoin volatility trading is becoming more popular by....

Bitcoin Price Decline Makes Altcoin Market Caps Bleed

The bitcoin price crashed below $300 on October 5. Although it has since climbed back above the $300 mark, the bitcoin price has fallen 6% in the past 24 hours. Because altcoin prices are coupled to the bitcoin price, most altcoin market caps have fallen dramatically. Also Read: Analysis: Bitcoin Price Crash Below $300 - How Much Lower? Bitcoin Price Decline Makes Altcoin Market Caps Bleed. As the CoinMarketCap chart below demonstrates, altcoins have taken a huge hit over the past day. The bitcoin price decline caused nearly every altcoin market cap to fall by default. Additionally, many....

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Max Keiser, Investor and Journalist