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Topic: 1,415,477,500,000,000 Bitcoins - page 2. (Read 1571 times)

legendary
Activity: 3248
Merit: 1070
May 13, 2015, 02:00:43 AM
#5
you are mistaken bitcoin with satoshi or bits(sometimes they call those in this way)

your numbers would be correct(besides the 10M which is wrong) if you was talking about satoshi

1 bit = 100 satoshis.
Please don't make OP's head even more confuse with all the math and abbreviations in this topic

in some site they call satoshi bits
sr. member
Activity: 462
Merit: 250
May 13, 2015, 01:44:00 AM
#4
How many Bitcoins really exists?

Coinmarketcap says that there are 14,154,775 Bitcoins in existence today,
but 1 Bitcoin can be divided into 10,000,000 discrete units, 0.00000001 BTC,
so does that not really mean that there are 141,547,750,000,000 Bitcoins,
or 141 Trillion units of Bitcoins that can be handled independently and sold?

Any thoughts?

I am not sure if you are trolling or if you bought that account.
As a senior member you should have known that by now,
so my guess is that it's a bought account.
legendary
Activity: 2674
Merit: 3000
Terminated.
May 13, 2015, 01:29:42 AM
#3
What are you talking about? Has your school system not taught you the units of measurement and metric prefixes?
A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC. That is the hundredth of millionth part of BTC. In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.

1 BTC = 1,000,000 μBTC (microbitcoin)
1 BTC = 100,000,000 Satoshis
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis

There are only going to be 21M BTC, however there will be 21M x 10^8 satoshis.
Bitcoin =/= microbitcoin =/= satoshi.

OP: to realize the dumbness of your question here is an example.
How many Gigabytes are there in a terabyte? It can't be 1024 because it can be divided. Wouldn't it be 1,048,576 units, or maybe even 1,073,741,824?
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
May 13, 2015, 01:28:31 AM
#2
As what I know now that there will be 21M BTC (or 2100 trillion satoshis) at the end. I would say the there is 21M of coins at the end.
P.S. OP, 1 BTC = 100,000,000 satoshis, not 10,000,000!
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
May 13, 2015, 01:22:34 AM
#1
How many Bitcoins really exists? It was just a question
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