Topic: Definition of mBTC an uBTC - page 2. (Read 122497 times)
just use satoshi or 0.00000000 format
Just use satoshi, so much easier. mBTC = 100K satoshi uBTC = 100 satoshi
I just use preev.com but I also get confused, when people post the mBTC and uBTC, so this thread is helping me too.
Why do they not just say 100 000 Satoshi? or use the 0.01 ?
Guess it has it's use, but it's still confusing for new people like myself.
Why do they not just say 100 000 Satoshi? or use the 0.01 ?
Guess it has it's use, but it's still confusing for new people like myself.
Pretty much the same reason we use km rather than m for measuring distance between two locations, and use MB and GB for measuring RAM size or HDD size.
With mBTC and uBTC, we don't need to type so many zeros. For example, we can use 1mBTC for 100000 satoshi, and 20uBTC for 2000 satoshi.
BTW, you have made a mistake in your post as 0.01 btc = 1,000,000 satoshi.
Bit cent- 0.01
mBTC- 0.001
uBTC- 0.000001
There are tons of sites for these apprevations "wiki's, general bitcoin sites etc..." so it would just take some effort to even BTC units other than these.
mBTC- 0.001
uBTC- 0.000001
There are tons of sites for these apprevations "wiki's, general bitcoin sites etc..." so it would just take some effort to even BTC units other than these.
I just use preev.com but I also get confused, when people post the mBTC and uBTC, so this thread is helping me too.
Why do they not just say 100 000 Satoshi? or use the 0.01 ?
Guess it has it's use, but it's still confusing for new people like myself.
Why do they not just say 100 000 Satoshi? or use the 0.01 ?
Guess it has it's use, but it's still confusing for new people like myself.
saying mbtc and ubtc is confusing, better to use something like 1/1000 btc or 1/1M(1m=1kk or 1000000 if you prefer) btc, therefore 1 mbtc is 1/1000 and one ubtc is 1/1m(millions)
If you are okay with SI prefixes like K (=1000) and M (=1000000), it shouldn't be hard to just learn two more SI prefixes m and μ.
yeah but my point was the "1/x", not just 1k and 1m, i could accept a 1/mbtc and 1/ubtc, but you concur that milli isn't as notorious as 1k, same thing for micro(maybe a bit less here)
If it gets confusing a good rule of thumb for people who understand Spanish:
Imagine you are reading the numbers in an inverted way, it has the same amount of zeroes)
100 hundred (cien means hundred)
0.01 centi- means hundredth
1000 thousand (mil means thousand)
0.001 milli- means thousandth
1,000,000 million
0.000001 micro- means millionth
Imagine you are reading the numbers in an inverted way, it has the same amount of zeroes)
100 hundred (cien means hundred)
0.01 centi- means hundredth
1000 thousand (mil means thousand)
0.001 milli- means thousandth
1,000,000 million
0.000001 micro- means millionth
saying mbtc and ubtc is confusing, better to use something like 1/1000 btc or 1/1M(1m=1kk or 1000000 if you prefer) btc, therefore 1 mbtc is 1/1000 and one ubtc is 1/1m(millions)
If you are okay with SI prefixes like K (=1000) and M (=1000000), it shouldn't be hard to just learn two more SI prefixes m and μ.
saying mbtc and ubtc is confusing, better to use something like 1/1000 btc or 1/1M(1m=1kk or 1000000 if you prefer) btc, therefore 1 mbtc is 1/1000 and one ubtc is 1/1m(millions)
How can one "hate" math 
You need it for everything.
You need it for everything.
Just use "number games" and substitute it in the word "math"
Can you guys fix this? this is to complicated for newbies, too many 00000000000000
Can you guys fix this? this is to complicated for newbies, too many 00000000000000
There is nothing to fix here. There aren't too many zero's. Please, start learning and don't be lazy.1 BTC = 100,000,000 Satoshis, in other words 1 Satoshi = 0.00000001 BTC,
Further examples:
1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis
It is not that hard if you spend some time learning this and educating yourself. Nobody said that you have to use mBTC or uBTC
As LaudaM & others before have already said there is nothing wrong. BTC adopted SI prefixs to improve usability & understanding across the world. Maybe I only had good Public Schooling but I have had no problem understanding mBTC, μBTC; since when we went to Elementary School here we were told about SI prefixs. Maybe you have been told of SI prefixs when researching for a new HDD buy? Mega-, Giga-, Tera- are also SI prefixs. So, as LaudaM already told you don't be lazy & spend some time learning about SI prefixs, mBTC, μBTC and educating yourself.
It's no too hard!
Where can I find the funny u that people post sometimes for uBTC where the u has a long leg at the begining?
The "funny u" is µ which is a Greek alphabet.
As a SI prefix, it stands for 10-6. You can find the details and copy the character on http://en.wikipedia.org/wiki/Micro-
sometimes all these mbtc and micro btc are quite confusing.
It would be better to refer it in satoshi terms.
I would be more clear.
1 btc = 100 million satoshi
0.01 btc = 1 million satoshi
0.001 btc = 1 mbtc = 100k satoshi
It would be better to refer it in satoshi terms.
I would be more clear.
1 btc = 100 million satoshi
0.01 btc = 1 million satoshi
0.001 btc = 1 mbtc = 100k satoshi
Where can I find the funny u that people post sometimes for uBTC where the u has a long leg at the begining?
Can you guys fix this? this is to complicated for newbies, too many 00000000000000
And so we have different units.
For big trade, you can use "BTC"; for smaller trade, you can use "mBTC"; and for faucets, you can use "uBTC" or "satoshi".
If you are using the right unit, you shouldn't have many zeros in the amount.
First of all, mBTC stand for mili bitcoin and uBTC stands for micro bitcoin. Now crack down the mathematics of bitcoin units.
mBTC = mili bitcoin = 1 thousandth of a bitcoin = 0.001BTC
uBTC = micro bitcoin = 1 millionth of a bitcoin = 0.000001BTC
We should switch to uBTC and be done with it (forever). Switch our clients, our exchanges, our store plugins, etc, to use uBTC by default
mBTC = mili bitcoin = 1 thousandth of a bitcoin = 0.001BTC
uBTC = micro bitcoin = 1 millionth of a bitcoin = 0.000001BTC
We should switch to uBTC and be done with it (forever). Switch our clients, our exchanges, our store plugins, etc, to use uBTC by default
Can you guys fix this? this is to complicated for newbies, too many 00000000000000
There is nothing to fix here. There aren't too many zero's. Please, start learning and don't be lazy.1 BTC = 100,000,000 Satoshis, in other words 1 Satoshi = 0.00000001 BTC,
Further examples:
1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis
It is not that hard if you spend some time learning this and educating yourself. Nobody said that you have to use mBTC or uBTC
Can you guys fix this? this is to complicated for newbies, too many 00000000000000
How can one "hate" math
You need it for everything.
You need it for everything.
You even need it to hate math!
headasplode.gif
Useless necro bump.
Was this really necessary?
How can one "hate" math
You need it for everything.
You need it for everything.
You even need it to hate math!
headasplode.gif
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