Fractional BTC?

[kapolani]

Can you purchase fractions of BTC?

Haven't been able to get in the game yet.

Waiting to make my first private buy.

[Bitformance.com]

Yes, bitcoins don't exist as a separate entity, what exists are just transactions (transfer bitcoin amount x from a to b), so the amount is just an arbitrary number. In the current implementation it can be represented by 8 digits after the decimal, so the smallest possible ammount is 0.000000001 btc (= 1 satoshi)

[kapolani]

Yes, bitcoins don't exist as a separate entity, what exists are just transactions (transfer bitcoin amount x from a to b), so the amount is just an arbitrary number. In the current implementation it can be represented by 8 digits after the decimal, so the smallest possible ammount is 0.000000001 btc (= 1 satoshi)

Sweet. Looking better and better.

I have fractional gold and silver pieces. Sometimes an OZ is too much to get change for! LOL.

[endoplasm]

Yes... but know that too small may not be worth your time =P

[Bitformance.com]

not if you are one of those hardcore enthusiasts that calculates world economy / 21 mio coins = some billions

[noob_jul11]

I thought it needs to be a certain amount before someone can transfers btc out - was it 0.01 or 0.001 or face transaction fees or something?

[panck4beer]

I thought it needs to be a certain amount before someone can transfers btc out - was it 0.01 or 0.001 or face transaction fees or something?

https://en.bitcoin.it/wiki/Transaction_fees#Sending