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Title: Making sure you know what unit you are using when sending btc's. Post by: pinkpajama99 on January 19, 2017, 07:36:04 PM I'm a newbie, but do have some btc's in a multibit wallet. I'm about to make my first purchase and the instructions says
"make sure you know what unit you are using" So do I have to work out with the seller what unit? Right now it's set at MB, but I see there is Xbt or BTC so I'm getting confused. I'm sure it's simple but I'm confused. I see there are so many conversion options and unit options. Thanks Title: Re: Making sure you know what unit you are using when sending btc's. Post by: shorena on January 19, 2017, 07:39:09 PM I'm a newbie, but do have some btc's in a multibit wallet. I'm about to make my first purchase and the instructions says "make sure you know what unit you are using" So do I have to work out with the seller what unit? Right now it's set at MB, but I see there is Xbt or BTC so I'm getting confused. I'm sure it's simple but I'm confused. I see there are so many conversion options and unit options. Thanks People usualy state a price in BTC unless noted otherwise. Title: Re: Making sure you know what unit you are using when sending btc's. Post by: pinkpajama99 on January 19, 2017, 07:43:53 PM Thanks. I'm confused specifically with multibit. It set itself up as mB (bitcoin B). And the amount it shows me seems to corresponde with what I see on Coinbase.
When I change the display to BTC, (one of many options) it completely changes the amount which is where I'm getting confused. Can someone advise specfically for Multidbit HD what to use on the display? THanks Title: Re: Making sure you know what unit you are using when sending btc's. Post by: shorena on January 19, 2017, 07:46:06 PM Thanks. I'm confused specifically with multibit. It set itself up as mB (bitcoin B). And the amount it shows me seems to corresponde with what I see on Coinbase. When I change the display to BTC, (one of many options) it completely changes the amount which is where I'm getting confused. Can someone advise specfically for Multidbit HD what to use on the display? THanks Id use BTC. mBTC is milliBitcoin[1] or 1/1000 BTC. It should just move the separator if you change it. [1] should be clear enoug even though its german https://de.bitcoin.it/wiki/Einheiten Title: Re: Making sure you know what unit you are using when sending btc's. Post by: pinkpajama99 on January 19, 2017, 07:53:04 PM Thanks. Did that. Messing with my mind. I'll check out the german link. I was horrible at math so this is just killing me and so much to understand.
Thanks for the help and for whoever moved this to the correct place. Wasn't sure where to put it. |