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Title: Was bitcoin divided to satoshi from beginning? Post by: nabeton on June 04, 2014, 06:51:52 PM As quite new to scene, I'm curious how "older members", talked to each other about bitcoin in past. What number did you use?
I doubt it was satoshi or microBTC in yr 2010, because it was worthless, right? so since when is satoshi used? thanks for opinions Title: Re: Was bitcoin divided to satoshi from beginning? Post by: DubFX on June 04, 2014, 06:54:46 PM Not more than 1-2 years...from start it was make about k (thousands) of btc not even full coin is alot.
Title: Re: Was bitcoin divided to satoshi from beginning? Post by: bitsmichel on June 04, 2014, 07:01:08 PM As quite new to scene, I'm curious how "older members", talked to each other about bitcoin in past. What number did you use? I doubt it was satoshi or microBTC in yr 2010, because it was worthless, right? so since when is satoshi used? thanks for opinions After 1 November 2008. They mostly talked about bitcoin in the early days, from what I've heard faucets used to give 1 btc. Before january 2013 btc used to be about $13, so it would be straightforward to talk about bitcoins as units. In october 2013 they used to be about 100$ so it would still be ok; Then it went straight up to 1000, so people would talk about x btc. You can see the chart on https://blockchain.info/charts/market-price?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= (https://blockchain.info/charts/market-price?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=) Title: Re: Was bitcoin divided to satoshi from beginning? Post by: rohnearner on June 04, 2014, 07:30:34 PM In initial years[although I think these are initial years too] when bitcoin worth less than a $ at that point of time talking about satoshis might sound totally absurd..! but these units was defined at that time
i. 1 BTC = 1 Bitcoin ii. 1 mBTC = 10^(-3) Bitcoin iii. 1 μBTC = 10^(-6) Bitcoin iv. 1 Satoshi = 10^(-8) Bitcoin I hope someday 1satoshi will have some value...but will i'll stay alive to see that day , hmm I doubt that.. Title: Re: Was bitcoin divided to satoshi from beginning? Post by: bitsmichel on June 05, 2014, 12:17:48 AM In initial years[although I think these are initial years too] when bitcoin worth less than a $ at that point of time talking about satoshis might sound totally absurd..! but these units was defined at that time i. 1 BTC = 1 Bitcoin ii. 1 mBTC = 10^(-3) Bitcoin iii. 1 μBTC = 10^(-6) Bitcoin iv. 1 Satoshi = 10^(-8) Bitcoin I hope someday 1satoshi will have some value...but will i'll stay alive to see that day , hmm I doubt that.. If 1 satoshi is 1$ then 1 bitcoin is 100.000.000$ If 1 satoshi is 0.01$ then 1 bitcoin is 1.000.000$ The latter could happen, maybe in 15 years :) Title: Re: Was bitcoin divided to satoshi from beginning? Post by: monbux on June 05, 2014, 12:26:00 AM As quite new to scene, I'm curious how "older members", talked to each other about bitcoin in past. What number did you use? I doubt it was satoshi or microBTC in yr 2010, because it was worthless, right? so since when is satoshi used? thanks for opinions After 1 November 2008. They mostly talked about bitcoin in the early days, from what I've heard faucets used to give 1 btc. Before january 2013 btc used to be about $13, so it would be straightforward to talk about bitcoins as units. In october 2013 they used to be about 100$ so it would still be ok; Then it went straight up to 1000, so people would talk about x btc. You can see the chart on https://blockchain.info/charts/market-price?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= (https://blockchain.info/charts/market-price?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=) No... I started actively participating in bitcoin discussions, and there were talks about satoshi and milibits as units on places like coinchat.. In May, 2013. Title: Re: Was bitcoin divided to satoshi from beginning? Post by: Este Nuno on June 05, 2014, 06:05:20 AM People have used mBTC, uBTC, and Satoshi's as units for years.
SatoshiDice is named after the fact that when you lose they would send you 1 satoshi as a signal that they received your wager but you didn't win. And that was a long time ago. Title: Re: Was bitcoin divided to satoshi from beginning? Post by: xXBEVOXx on June 05, 2014, 07:20:26 AM People have used mBTC, uBTC, and Satoshi's as units for years. little interesting fact of the day.SatoshiDice is named after the fact that when you lose they would send you 1 satoshi as a single that they received your wager but you didn't win. And that was a long time ago. Title: Re: Was bitcoin divided to satoshi from beginning? Post by: rohnearner on June 05, 2014, 09:00:54 AM In initial years[although I think these are initial years too] when bitcoin worth less than a $ at that point of time talking about satoshis might sound totally absurd..! but these units was defined at that time If 1 satoshi is 1$ then 1 bitcoin is 100.000.000$ i. 1 BTC = 1 Bitcoin ii. 1 mBTC = 10^(-3) Bitcoin iii. 1 μBTC = 10^(-6) Bitcoin iv. 1 Satoshi = 10^(-8) Bitcoin I hope someday 1satoshi will have some value...but will i'll stay alive to see that day , hmm I doubt that.. If 1 satoshi is 0.01$ then 1 bitcoin is 1.000.000$ The latter could happen, maybe in 15 years :) Title: Re: Was bitcoin divided to satoshi from beginning? Post by: sukamasoto on June 06, 2014, 03:51:09 PM in 2011 I had never heard about bitcoin when I follow HYIP or the like has been since 2010, had in 2011 I know about my bitcoin will buy about 1000 btc
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