BTC price in August 2011: $20,000 USD

netrin

sr. member

Activity: 322

Merit: 251

FirstBits: 168Bc

Quote from: kiwiasian on July 19, 2011, 11:21:31 PM

0.0005 bitcoins or 0.0005 bitcents?

Come to think of it. Is there even a standardized naming system for "bitcoin" "bitcents" "microbitcoin (uBTC)"

SI units in orders of 10^n3. Giga, Mega, Kilo, milli, micro, nano, pico... As for naming, your guess is as good as any μBTC, microbitcoin, microbit, microbtc.

error

hero member

Activity: 588

Merit: 500

I've decided this is important enough to go to NYC for. So barring natural or man-made disaster I plan on completing this. Cheesy

julz

legendary

Activity: 1092

Merit: 1001

Quote from: kiwiasian on July 19, 2011, 11:21:31 PM

0.0005 bitcoins or 0.0005 bitcents?

Come to think of it. Is there even a standardized naming system for "bitcoin" "bitcents" "microbitcoin (uBTC)"

There have been numerous discussions on it.

I tried here with a chart to get some consensus on visual hints to go along with names:
http://forum.bitcoin.org/index.php?topic=27663.0

kiwiasian

full member

Activity: 168

Merit: 100

0.0005 bitcoins or 0.0005 bitcents?

Come to think of it. Is there even a standardized naming system for "bitcoin" "bitcents" "microbitcoin (uBTC)"

julz

legendary

Activity: 1092

Merit: 1001

Quote from: error on July 19, 2011, 12:09:07 AM

Quote from: GeniuSxBoY on July 19, 2011, 12:07:51 AM

He charged the customer 7 btc for his order in the video.

That's outrageous.

I saw him charge 0.7035 BTC.

Quote

The only fee is 0.0005 bitcents

Relative to the bitcent rather than the coin eh.. Ok.. so only 0.000005 BTC then. Not bad.

(I'm glad these subunits and decimals don't cause any confusion - that would kinda suck!)

error

hero member

Activity: 588

Merit: 500

Quote from: GeniuSxBoY on July 19, 2011, 12:07:51 AM

He charged the customer 7 btc for his order in the video.

That's outrageous.

I saw him charge 0.7035 BTC.

GeniuSxBoY

hero member

Activity: 616

Merit: 500

He charged the customer 7 btc for his order in the video.

That's outrageous.

error

hero member

Activity: 588

Merit: 500

Quote from: error on July 18, 2011, 10:43:08 PM

Quote from: Keyur @ Camp BX on July 18, 2011, 10:20:23 PM

Quote from: error on July 18, 2011, 10:14:23 PM

Quote from: Keyur @ Camp BX on July 18, 2011, 08:16:05 PM

Quote from: Stephen Gornick on July 18, 2011, 08:10:07 PM

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

Stephen,
There is no fee for BTC withdrawals. The FAQ on our website also says the same thing. We noticed the 1% number on Bitcoin Camp BX Wiki, and have attempted to edit/correct it today.

The only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network. That comes out to about half-cent per transfer.

Hope this helps,
Keyur

Um, sorta?

I did a BTC withdraw and was told I had to pay a 0.0005 BTC fee, but the actual transaction did not have a fee, and there's still 0.0005 BTC in my CampBX account.

Error,
You transferred out the coins when we were testing zero-fees on the backend, while the front end still showed the 0.0005 btc fee.

Apologies for any inconvenience - if you are planning to attend the Bitcoin Conference in NYC, perhaps I can buy you a lunch at Meze Grill and we can call it even!?

- Keyur

Lunch at Meze Grill for 0.0005 BTC? That's about $20,000 for a BTC, or like the 10,000 BTC for two pizzas in reverse! I'll take it Grin

Though I'm not 100% sure I'll be at the conference.

^^^^^^^^^

BULL market is in effect!

(This is MOSTLY non-serious, though I will report back if the trade is made successfully. Grin

)

Topic: BTC price in August 2011: $20,000 USD (Read 2740 times)