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Topic: satoshi and bitcoin (Read 1035 times)
painedprism
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satoshi and bitcoin
February 17, 2016, 06:03:42 AM
#1
hey guys i would like to know as to how many satoshi there are in a bitcoin.
Cyaren
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Re: satoshi and bitcoin
February 17, 2016, 06:07:51 AM
#2
0.00000001 BTC = 1 satoshi
0.001 BTC = 1mBTC
0.000001 BTC = 1 Bit
So, there would be 100 million satoshis in a whole Bitcoin
1000 mBTCs in a whole BTC
and 100000 bits in a BTC.
Nomad88
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Re: satoshi and bitcoin
February 17, 2016, 06:07:55 AM
#3
Quote from: painedprism on February 17, 2016, 06:03:42 AM
hey guys i would like to know as to how many satoshi there are in a bitcoin.
It is a simple search on google. Anyway;
Predefined Values:
1 Satoshi = 0.00000001 ฿
100,000 Satoshi = 0.00100000 ฿
1,000,000 Satoshi = 0.01000000 ฿
10,000,000 Satoshi = 0.10000000 ฿
100,000,000 Satoshi = 1.00000000 ฿
https://medium.com/@ahmetseyhan
https://linktr.ee/capitaltribe
DOGE12321
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Re: satoshi and bitcoin
February 17, 2016, 06:09:59 AM
#4
Satoshi is the smallest amount of bitcoin that can be currently transfered and sent. It is 0.00000001 of a BTC.
supergenics
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Re: satoshi and bitcoin
February 17, 2016, 06:18:38 AM
#5
Hi.... I am new here. Thanks for the information. Can the unit go further down like 1 nano-BTC, 1 pico-BTC?
maxg
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Re: satoshi and bitcoin
February 17, 2016, 06:18:43 AM
#6
Quote from: Nomad88 on February 17, 2016, 06:07:55 AM
Quote from: painedprism on February 17, 2016, 06:03:42 AM
hey guys i would like to know as to how many satoshi there are in a bitcoin.
It is a simple search on google. Anyway;
Predefined Values:
1 Satoshi = 0.00000001 ฿
100,000 Satoshi = 0.00100000 ฿
1,000,000 Satoshi = 0.01000000 ฿
10,000,000 Satoshi = 0.10000000 ฿
100,000,000 Satoshi = 1.00000000 ฿
ergo, 100,000,000 x 21,000,000
im sure you can do that math sir
EdenHazard
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Re: satoshi and bitcoin
February 17, 2016, 06:22:50 AM
#7
Quote from: painedprism on February 17, 2016, 06:03:42 AM
hey guys i would like to know as to how many satoshi there are in a bitcoin.
i dont know who was create this technical term, 1 Bitcoin is equal with 100.000.000 Satoshi,and i dont know since when this is applicate on bitcoin,but som many people also use Satoshi for technical term on bitcoin.
.
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jonathgb25
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Re: satoshi and bitcoin
February 17, 2016, 07:23:53 AM
#8
Quote from: supergenics on February 17, 2016, 06:18:38 AM
Hi.... I am new here. Thanks for the information. Can the unit go further down like 1 nano-BTC, 1 pico-BTC?
We can go as low for that units but we can only send it when we reached the lowest amount we can send which is 546 satoshi.
Source:
http://bitcoin.stackexchange.com/questions/17830/whats-the-minimum-transaction-with-bitcoin
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robelneo
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Re: satoshi and bitcoin
February 17, 2016, 08:05:44 AM
#9
Quote from: EdenHazard on February 17, 2016, 06:22:50 AM
Quote from: painedprism on February 17, 2016, 06:03:42 AM
hey guys i would like to know as to how many satoshi there are in a bitcoin.
i dont know who was create this technical term, 1 Bitcoin is equal with 100.000.000 Satoshi,and i dont know since when this is applicate on bitcoin,but som many people also use Satoshi for technical term on bitcoin.
When I was a newbie I thought 1 BITCOIN is one satoshi it is later that I realize that there are so many unit on one bitcoin,newbies are surprise when you tell them that you will receive 100,000 satoshi they thought it could convert to million in dollars
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7788bitcoin
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Re: satoshi and bitcoin
February 17, 2016, 08:51:59 AM
#10
By the way, was that Satoshi himself who decided to name 1/100,000,000 bitcoin as 1 satoshi? Who was the first person to use it?
DOGE12321
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Re: satoshi and bitcoin
February 18, 2016, 01:08:23 AM
#11
Quote from: supergenics on February 17, 2016, 06:18:38 AM
Hi.... I am new here. Thanks for the information. Can the unit go further down like 1 nano-BTC, 1 pico-BTC?
no. No because satoshi is the smallest you can transfer at the moment. i don't know if they will change it soon.
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