keber
Member
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Activity: 78
Merit: 10
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October 27, 2014, 12:00:04 PM |
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i think it will be 0.001 BTC
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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ytr8
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October 27, 2014, 12:13:14 PM |
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0.001 BTC is appropriate.
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teukon (OP)
Legendary
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Activity: 1246
Merit: 1002
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October 27, 2014, 10:14:56 PM |
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Who made millibit an official term?
"millibit" is not an official term. I simply ask what "millibit" means, if anything, to the bitcoiners which visit this thread. I'm neither endorsing nor attacking the term "millibit". |
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BitMos
Full Member
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Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
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October 27, 2014, 10:29:11 PM |
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exactly 100000 satoshis, or 100k sat for the purists  , I think  |
money is faster...
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junkskin
Newbie
Offline
Activity: 56
Merit: 0
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October 27, 2014, 10:30:13 PM |
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0.001 BTC
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Peegasus
Member
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Activity: 94
Merit: 10
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October 28, 2014, 05:03:00 AM |
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0.001 BTC
So we shouldnt use satoshi no more? |
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mullerdan
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October 29, 2014, 02:09:11 PM |
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0.001 btc
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TheButterZone
Legendary
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Activity: 3052
Merit: 1031
RIP Mommy
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October 29, 2014, 11:17:48 PM |
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Is that like a  |
Saying that you don't trust someone because of their behavior is completely valid.
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jambola2
Legendary
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Activity: 1120
Merit: 1038
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October 29, 2014, 11:28:30 PM |
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Is that like a Actually, I think milli-bitcoin (not millibit) is pretty much the future BTC ? Okay. mBTC ? Okay, 0.001 BTC Satoshi ? Okay, the smallest unit. mBTC will likely become extremely dominant. Near the 1000$ phase of BTC, mBTC were convenient as they had parity with the dollar. Using decimal places will not stay forever, mBTC is easier to use. Why mBTC and not Bitcent, Bit, kiloSatoshi or whatever crap? Well, I'd attribute it to the fact that mBTC could be considered more of a unit, under which transactions rarely occur. It's not too big that you need to use decimal places too often, nor too small that you would need to talk in hundreds. |
No longer active on bitcointalk, however, you can still reach me via PMs if needed.
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pitham1
Legendary
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Activity: 1232
Merit: 1000
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October 30, 2014, 01:04:34 AM |
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We should just use the metric system and be done with it.
KBTC = 10^3BTC
mBTC = 10^-3 BTC
uBTC = 10^-6 BTC
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teukon (OP)
Legendary
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Activity: 1246
Merit: 1002
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October 30, 2014, 01:41:51 AM |
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Ok, it's been a week so I'll lock the poll now.
Thanks for the info everyone.
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fulgurite
Member
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Activity: 73
Merit: 10
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October 30, 2014, 01:51:30 AM |
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why every one prefer 0.001BTC in terms of millibit? i think it's 1BTC |
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fa
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October 30, 2014, 02:17:05 AM |
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I think millibit is confusing. mBTC, or mSatoshi should distinguish these concepts better.
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nextblast
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October 30, 2014, 03:12:18 AM |
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Ha! almost mistaken for "multibit" and I was gonna paste in the URL and introduction  Too bad English is not my native language. |
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Zhan21
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October 30, 2014, 08:29:47 AM |
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millibit = 0.001 BTC
it is simple
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SideShow
Member
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Activity: 89
Merit: 10
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October 30, 2014, 08:48:23 AM |
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mBTC= 0.001 BTC
I'm a little late to vote in the pool but add my vote to the first choice lol.
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david wilson
Newbie
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Activity: 26
Merit: 0
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October 30, 2014, 08:53:38 AM |
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One thousand (1000) milliBits refers to 1 bitcoin or 1 BTC
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Hiraga
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October 30, 2014, 09:56:10 AM |
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1,000 Sat is 1 kSat
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teukon (OP)
Legendary
Offline
Activity: 1246
Merit: 1002
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October 30, 2014, 10:09:21 AM |
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I think millibit is confusing. mBTC, or mSatoshi should distinguish these concepts better.
Perhaps you mean decisatoshi (dSAT) or nanobitcoin (nBTC). Anyway, I'm not worried about distinguishing these concepts. I'm just want an idea of the communities current understanding of the term "millibit" in light of the presently fashionable term "bit". I honestly thought I'd see more votes for "Other/Unknown/Ambiguous/Nonsensical". |
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mullerdan
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October 30, 2014, 11:49:15 AM |
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0.001 btc no ?
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Poll
