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nabeton (OP)
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June 04, 2014, 06:51:52 PM |
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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
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DubFX
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June 04, 2014, 06:54:46 PM |
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Not more than 1-2 years...from start it was make about k (thousands) of btc not even full coin is alot.
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bitsmichel
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June 04, 2014, 07:01:08 PM |
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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= |
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rohnearner
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June 04, 2014, 07:30:34 PM |
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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..
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bitsmichel
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June 05, 2014, 12:17:48 AM |
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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  |
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monbux
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Activity: 1736
Merit: 1029
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June 05, 2014, 12:26:00 AM |
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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=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. |
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Este Nuno
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amarha
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June 05, 2014, 06:05:20 AM
Last edit: June 05, 2014, 07:40:03 AM by Este Nuno |
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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.
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xXBEVOXx
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Merit: 100
https://cryptassist.io
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June 05, 2014, 07:20:26 AM |
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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 single that they received your wager but you didn't win. And that was a long time ago.
little interesting fact of the day. |
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rohnearner
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June 05, 2014, 09:00:54 AM |
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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 There are already so many assumptions thread , this one is not one of those.. ! will 1satoshi will ever have any value the answer is it already has some value .! not as much as some people out there want but it will always have 10^(-8) value of what bitcoin has. |
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sukamasoto
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Black Panther
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June 06, 2014, 03:51:09 PM |
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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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