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Author Topic: How much is a mBTC equal to?  (Read 107718 times)
Benjig
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July 04, 2014, 03:21:13 PM
 #41

its confusing for me, can't push myself to use mBTC or understand it
thank god its not needed yet Tongue

I dont think so, just understand that is one unit of 1000, and that each one costs 1/1000 it means 0.65 usd , by that way is more comfortable than using one point followed by many ceros amounts.

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July 04, 2014, 03:57:50 PM
 #42

its confusing for me, can't push myself to use mBTC or understand it
thank god its not needed yet Tongue

I dont think so, just understand that is one unit of 1000, and that each one costs 1/1000 it means 0.65 usd , by that way is more comfortable than using one point followed by many ceros amounts.

Current bitcoin price is about $630, and $1 is about 0.0016 btc.
So, other than faucet payments, we probably will seldom see the situation of "one point followed by many zeros amounts." Smiley

allsopfree
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July 04, 2014, 04:30:06 PM
 #43

Hmm we need those measurments to be official so we can have it the same for sure.
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July 04, 2014, 06:44:09 PM
 #44

Hmm we need those measurments to be official so we can have it the same for sure.

are you kidding me?

the metric system has been official for hundreds of years.


https://en.wikipedia.org/wiki/Metric_prefix

Benjig
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July 04, 2014, 06:49:21 PM
 #45

Hmm we need those measurments to be official so we can have it the same for sure.

are you kidding me?

the metric system has been official for hundreds of years.


https://en.wikipedia.org/wiki/Metric_prefix

hahah yes, in fact there are tens of sites who are currently using it now, like http://bitcoinity.org/markets , many gamlbing sites and the bitcoin wallet for android

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November 11, 2015, 04:45:13 PM
 #46

mBTC=millibitcoin=1 thousandth of a bitcoin=0.001BTC=0.00552 USD

uBTC=microbitcoin=1 millionth of a bitcoin=0.000001BTC=0.0000000552 USD

with a little asterisk on that.  "0.00552 USD, at the current BTC/USD exchange rate of $5.52."


Ha! You ain't kiddin', brotha.... you should see what the price is here in the future.

PRO TIP: Buy up NOW.
HA Gotem!
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