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Author Topic: BTC price in August 2011: $20,000 USD  (Read 2277 times)
error
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July 19, 2011, 05:01:53 AM
 #1

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

Stephen,
      There is no fee for BTC withdrawals.  The FAQ on our website also says the same thing.  We noticed the 1% number on Bitcoin Camp BX Wiki, and have attempted to edit/correct it today.

The only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

Hope this helps,
      Keyur

Um, sorta?

I did a BTC withdraw and was told I had to pay a 0.0005 BTC fee, but the actual transaction did not have a fee, and there's still 0.0005 BTC in my CampBX account.

Error,
    You transferred out the coins when we were testing zero-fees on the backend, while the front end still showed the 0.0005 btc fee. 

Apologies for any inconvenience - if you are planning to attend the Bitcoin Conference in NYC, perhaps I can buy you a lunch at Meze Grill and we can call it even!? 

- Keyur

Lunch at Meze Grill for 0.0005 BTC? That's about $20,000 for a BTC, or like the 10,000 BTC for two pizzas in reverse! I'll take it Grin Though I'm not 100% sure I'll be at the conference.

^^^^^^^^^

BULL market is in effect!

(This is MOSTLY non-serious, though I will report back if the trade is made successfully. Grin )

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July 19, 2011, 05:07:51 AM
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He charged the customer 7 btc for his order in the video.


That's outrageous.
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July 19, 2011, 05:09:07 AM
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He charged the customer 7 btc for his order in the video.


That's outrageous.

I saw him charge 0.7035 BTC.

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July 19, 2011, 07:12:31 AM
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He charged the customer 7 btc for his order in the video.

That's outrageous.

I saw him charge 0.7035 BTC.



Quote
The only fee is 0.0005 bitcents

Relative to the bitcent rather than the coin eh.. Ok.. so only 0.000005 BTC then.  Not bad.


(I'm glad these subunits and decimals don't cause any confusion - that would kinda suck!)

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July 20, 2011, 04:21:31 AM
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0.0005 bitcoins or 0.0005 bitcents?

Come to think of it. Is there even a standardized naming system for "bitcoin" "bitcents" "microbitcoin (uBTC)"

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July 20, 2011, 04:25:06 AM
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0.0005 bitcoins or 0.0005 bitcents?

Come to think of it. Is there even a standardized naming system for "bitcoin" "bitcents" "microbitcoin (uBTC)"

There have been numerous discussions on it.

I tried here with a chart to get some consensus on visual hints to go along with names:
http://forum.bitcoin.org/index.php?topic=27663.0


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July 20, 2011, 04:55:01 AM
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I've decided this is important enough to go to NYC for. So barring natural or man-made disaster I plan on completing this. Cheesy

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July 20, 2011, 02:23:04 PM
 #8

0.0005 bitcoins or 0.0005 bitcents?

Come to think of it. Is there even a standardized naming system for "bitcoin" "bitcents" "microbitcoin (uBTC)"

SI units in orders of 10^n3. Giga, Mega, Kilo, milli, micro, nano, pico... As for naming, your guess is as good as any μBTC, microbitcoin, microbit, microbtc.

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