joshmak2 (OP)
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September 06, 2014, 12:57:10 PM |
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Can anyone please help me, i`m a newbie and struggle to understand this things. how do i calculate one bitcoin.
joshmak2
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R2D221
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September 06, 2014, 01:03:14 PM |
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What exactly are you trying to calculate? Bitcoin amounts work the same as any other decimal number.
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An economy based on endless growth is unsustainable.
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Aswan
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September 06, 2014, 01:04:28 PM |
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0,00011227
It's 0.11227 mBTC or 112.27 µBTC or 11227 satoshi
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lihuajkl
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September 06, 2014, 01:09:34 PM |
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0,00011227
It's 0.11227 mBTC or 112.27 µBTC or 11227 satoshi
you are correct. There are different ways to express the amount of BTC. You can choose the easy one. |
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minerpumpkin
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September 06, 2014, 02:26:09 PM |
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Well, it's the fraction of a single Bitcoin. 1 (One) Bitcoin or is 1,00000000 BTC!, so 0,00011227 BTC are a fraction of a whole Bitcoin! You've effectively already answered your own question!  |
I should have gotten into Bitcoin back in 1992...
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claimore
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September 06, 2014, 02:36:42 PM |
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Pretty sure 0,00011227 BTC = 0,00011227 BTC  |
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Ayers
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Vave.com - Crypto Casino
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September 06, 2014, 02:49:27 PM |
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it's about 1/10000 of bitcoin
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twister
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September 06, 2014, 03:23:49 PM |
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That's 11,227 Satoshi
When you reach 0.001, It will be 100000 Satoshi or 1mbtc
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dodgecharger
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September 06, 2014, 04:05:31 PM |
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they just use the terms bitcoin, btcents, bitmills, satoshi's 1 Bitcoin = 100,000.000 (100 millions of satoshi ) 0.1 - 10Bitcent (100BTM) 0.01 - 1Bitcent (10BTM) 0.001 - 1BTM (100K SAT) 0.0001 - 10k SAT 0.00001- 1kSAT 0.000001 100 SAT 0.0000001 10 SAT 0.00000001 -1 SAT |
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giveBTCpls
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September 06, 2014, 07:37:26 PM |
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they just use the terms bitcoin, btcents, bitmills, satoshi's 1 Bitcoin = 100,000.000 (100 millions of satoshi ) 0.1 - 10Bitcent (100BTM) 0.01 - 1Bitcent (10BTM) 0.001 - 1BTM (100K SAT) 0.0001 - 10k SAT 0.00001- 1kSAT 0.000001 100 SAT 0.0000001 10 SAT 0.00000001 -1 SAT This nomenclature is still very confusing for newbies, also "-1kSAT" lol, this doesn't sound neither look very aesthetically pleasing. We need something, something simple as fuck for the price thing. |
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MightyBTC
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September 06, 2014, 08:38:44 PM |
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Are you serious or you just don't understand the difference between BTC nd BITCOIN |
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the joint
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September 06, 2014, 08:40:38 PM |
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Can anyone please help me, i`m a newbie and struggle to understand this things. how do i calculate one bitcoin.
joshmak2
0.00011227 BTC is 0.00011227 bitcoins. |
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tsm
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September 06, 2014, 08:46:33 PM |
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the amount is a super micro fraction of a bitcoin.
An actual bitcoin is 1.0
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jaberwock
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September 06, 2014, 11:42:01 PM |
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0,00011227 BTC is 0,00011227 BTC.
What is the doubt?
It is a fraction of BTC.
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the joint
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September 06, 2014, 11:54:54 PM |
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You know, on a side note, you should REALLY be careful with your use of commas and periods when sending BTC from your client...
...though I'm guessing that you don't own enough BTC for this to be a concern.
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Wusolini
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no need to carry heavy money bags anymore
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September 07, 2014, 08:11:04 AM |
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they just use the terms bitcoin, btcents, bitmills, satoshi's 1 Bitcoin = 100,000.000 (100 millions of satoshi ) 0.1 - 10Bitcent (100BTM) 0.01 - 1Bitcent (10BTM) 0.001 - 1BTM (100K SAT) 0.0001 - 10k SAT 0.00001- 1kSAT 0.000001 100 SAT 0.0000001 10 SAT 0.00000001 -1 SAT This nomenclature is still very confusing for newbies, also "-1kSAT" lol, this doesn't sound neither look very aesthetically pleasing. We need something, something simple as fuck for the price thing. Agree, it was confusing for me as well. Mostly due to fact that μBTC is only 100 satoshi, would be much easier if divided into 1000 (but its probably reserved for nanoBTC) Just stick to mBTC, and μBTC and forget about satoshi, its garbage mBTC is quite ease countable to dollar: if 1 BTC cost 1000$, 1 mBTC is 1$ if 1 BTC cost 468$, 1 mBTC is 0.468$ after some time you automatically transfer it in your head. |
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silvestar
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September 07, 2014, 05:44:45 PM |
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Agree, it was confusing for me as well. Mostly due to fact that μBTC is only 100 satoshi, would be much easier if divided into 1000 (but its probably reserved for nanoBTC)
Some people have discussed using the unit "bit" which is essential μBTC as the base unit, because many are used to the idea of 1 dollar = 100 cents and should be easy to get used to 1 bit = 100 sat. |
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DhaniBoy
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September 07, 2014, 11:55:50 PM |
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if you mean to compare 1 bitcoin with dollars, it depends bitcoin exchange rate against the dollar which often fluctuated, for the price of 1 bitcoin now the dollar is 479,47, so if we compared between bitcoin and dollars, BTC/USD rate is 479.47, hopefully it will increasing by the time ...  |
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umair9829
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September 08, 2014, 12:56:43 AM |
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Can anyone please help me, i`m a newbie and struggle to understand this things. how do i calculate one bitcoin.
joshmak2
This is 1฿ bitcoin. You need 8907.0989578694219292776342745168 of 0,00011227 bitcoin to reach 1 whole bitcoin. |
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b!z
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September 08, 2014, 02:56:50 AM |
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Agree, it was confusing for me as well. Mostly due to fact that μBTC is only 100 satoshi, would be much easier if divided into 1000 (but its probably reserved for nanoBTC)
Some people have discussed using the unit "bit" which is essential μBTC as the base unit, because many are used to the idea of 1 dollar = 100 cents and should be easy to get used to 1 bit = 100 sat. In my opinion, adding more units just makes it more complicated. Most of us don't even usually deal with uBTC units regularly (apart from faucet payouts). |
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