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Author Topic: m฿ = MBTC ?  (Read 2029 times)
Curious8 (OP)
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December 06, 2015, 05:15:37 PM
 #1

How m฿ called ?
Mitchell
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December 06, 2015, 05:17:51 PM
 #2

m฿ = mBTC = mili bitcoin = 1 thousandth of a bitcoin = 0.001BTC
u฿ = uBTC = micro bitcoin = 1 millionth of a bitcoin = 0.000001BTC

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FruitsBasket
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December 06, 2015, 05:18:42 PM
 #3

1 Satoshi    = 0.00000001 ฿    
10 Satoshi    = 0.00000010 ฿    
100 Satoshi    = 0.00000100 ฿    = 1 Bit / μBTC (you-bit)
1,000 Satoshi    = 0.00001000 ฿    
10,000 Satoshi    = 0.00010000 ฿    
100,000 Satoshi    = 0.00100000 ฿    = 1 mBTC (em-bit)
1,000,000 Satoshi    = 0.01000000 ฿    = 1 cBTC (bitcent)
10,000,000 Satoshi    = 0.10000000 ฿    
100,000,000 Satoshi    = 1.00000000 ฿    

fck@dt-alwayzz_newbz
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December 06, 2015, 05:20:22 PM
 #4

yes that mbtc or we can call it mega bitcoin you can see the table and meanings of every units of bitcoin here https://en.bitcoin.it/wiki/Units

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December 06, 2015, 05:35:01 PM
 #5

Yeas mBTC is mbtc 1000 mbtc= 1BTC
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December 06, 2015, 05:57:31 PM
 #6

You can find a table of units here: https://en.bitcoin.it/wiki/Units
Its from the days where you could easily have 1 MBTC (1,000,000 BTC)

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December 10, 2015, 02:32:11 AM
 #7

Just a piece of advise, you may want to print that and keep it close as a reference.  I messed up before and ended up sending someone more than what I was supposed to because I did not convert it correctly.  Just a recommendation.
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December 10, 2015, 05:53:49 AM
 #8

1 Satoshi    = 0.00000001 ฿    
10 Satoshi    = 0.00000010 ฿    
100 Satoshi    = 0.00000100 ฿    = 1 Bit / μBTC (you-bit)
1,000 Satoshi    = 0.00001000 ฿    
10,000 Satoshi    = 0.00010000 ฿    
100,000 Satoshi    = 0.00100000 ฿    = 1 mBTC (em-bit)
1,000,000 Satoshi    = 0.01000000 ฿    = 1 cBTC (bitcent)
10,000,000 Satoshi    = 0.10000000 ฿    
100,000,000 Satoshi    = 1.00000000 ฿    

Also, some refer to 1 mBTC as a BTM, or "Bitmil" (easier than millibitcoin I guess). It's not as common but does still get used.

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December 10, 2015, 07:39:01 AM
 #9

you can abbreviate with the bit suffice, so 0.001 would be 1k bit

i prefer to use satoshi or bit instead of the old metric system, it's more in theme with bitcoin
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December 10, 2015, 09:15:58 AM
 #10

I suggest you lock this thread now.Wink
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December 10, 2015, 11:35:54 AM
 #11

MBTC would be 1 million Bitcoin, more than anyone has.

Don't confuse with 1mBTC that is 0.001 BTC and almost everyone has

 
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December 10, 2015, 07:00:41 PM
 #12

MBTC would be 1 million Bitcoin, more than anyone has.

Don't confuse with 1mBTC that is 0.001 BTC and almost everyone has

While you're technically right on what MBTC would represent, there are two flaws:

1) Satoshi is known to have more than this

2) No normal person would assume that they really meant 1 million, so contextual clues account for the misrepresentation and nullify it, thereby obviously making it mBTC regardless of if you capitalized it or not

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