I think he want to send small amounts of bitcoins to loads of people to advertize his bizness. ^smile^
I have been recieving transactions with 1 satoshi in my wallet and a note at the top, that advertize some site.
The transactions are not going through for some reason.
Topic: dividing one bitcoin into a million pieces (Read 3093 times)
Surely I'm your friend too, along with everyone else on the planet, so act quick and split that bitcoin 7 billion ways 
you mind as well go on the street and pick up a penny lol.
A better idea is find a store with those give a penny/take a penny trays next to the register
Surely I'm your friend too, along with everyone else on the planet, so act quick and split that bitcoin 7 billion ways
you mind as well go on the street and pick up a penny lol.
Surely I'm your friend too, along with everyone else on the planet, so act quick and split that bitcoin 7 billion ways
a million friends?
damn, you must have a shit load of time. clicking friend request all day lol.
damn, you must have a shit load of time.
clicking friend request all day lol. 
Short answer: You can't. Long answer: You can, but it would be astonishingly stupid to do so. Sending to a million different outputs would require 34 metric megabytes of data, which currently requires a transaction fee of BTC3.4. It is unclear what you hope to accomplish by this in any case, as one millionth of a bitcoin is currently worth less than one twentieth of a cent, and would cost a hundred times more in transaction fees to send than it is worth.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
It's basically this. I didn't run the numbers myself, but it sounds reasonable. Miner may, at times, include dust transactions, but by including an unreasonably high amount of them, they increase the chances of their block being orphaned, and thus risk their block reward. And a million pieces seems a bit much, doesn't it?
Basically these guys are talking about the fact that the bitcoin network doesn't keep track of how much btc is in an address, it deals with inputs and outputs. If you have an input of 1btc and you split it up into 1million outputs of 10 satoshis each, as everyone is pointing out:
1) the transaction fee would be huge to try to get such a transaction included in a block
2) your "friends" won't really be able to spend 10 satoshis (it's just too small to be worth anything at the present prices)
Checkout the bitcoin wiki on transactions and transaction fees.
Divide the bitcoin into one hundred pieces and the will have some value for your lucky friends.
Most likely they wanted a million to do spam. I don't see them paying a hundredth.
Divide the bitcoin into one hundred pieces and the will have some value for your lucky friends.
Heres an idea, just point them to some faucet site 
Use the bitcoin you have to buy yourself something nice, or save it somewhere safe and forget about it for a few years.
I believe this is the best solution to your problem
cheers
Use the bitcoin you have to buy yourself something nice, or save it somewhere safe and forget about it for a few years.
I believe this is the best solution to your problem
cheers
Short answer: You can't. Long answer: You can, but it would be astonishingly stupid to do so. Sending to a million different outputs would require 34 metric megabytes of data, which currently requires a transaction fee of BTC3.4. It is unclear what you hope to accomplish by this in any case, as one millionth of a bitcoin is currently worth less than one twentieth of a cent, and would cost a hundred times more in transaction fees to send than it is worth.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
Very true, but "Mr MarketingPro" may not want the transactions to get included in a block at the beginning.
In that case he won't need to pay any transaction fee, and not even that 1 btc that he "sent out".
This doesnt make sense to me.
You can't have one million friend, or maybe you call "friends" all the people with whom you speak.
Short answer: You can't. Long answer: You can, but it would be astonishingly stupid to do so. Sending to a million different outputs would require 34 metric megabytes of data, which currently requires a transaction fee of BTC3.4. It is unclear what you hope to accomplish by this in any case, as one millionth of a bitcoin is currently worth less than one twentieth of a cent, and would cost a hundred times more in transaction fees to send than it is worth.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
It's basically this. I didn't run the numbers myself, but it sounds reasonable. Miner may, at times, include dust transactions, but by including an unreasonably high amount of them, they increase the chances of their block being orphaned, and thus risk their block reward. And a million pieces seems a bit much, doesn't it?
you can try to send some other cryptocurrencie, that is worth a lot less than BTC, in that way you wont need to pay big fees.
Short answer: You can't. Long answer: You can, but it would be astonishingly stupid to do so. Sending to a million different outputs would require 34 metric megabytes of data, which currently requires a transaction fee of BTC3.4. It is unclear what you hope to accomplish by this in any case, as one millionth of a bitcoin is currently worth less than one twentieth of a cent, and would cost a hundred times more in transaction fees to send than it is worth.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
Bitcoin is neither designed nor suitable for microtransactions. If your application requires microtransactions, it requires something other than Bitcoin.
That would be a waste of time for both you and your friends. What exactly would they do with such a small amount of coins? it's a good gesture but not very well thought out. Is this going to be some kind of marketing campaign for you and Bitcoin? You must have a crap load of friends, hopefully many of them appreciate the coins. Good luck with however you decide to distribute the coins.
You have got yourself an username "marketingpro".
Are you sure you are going to send the dust to your one million "friends"?
Are you sure you are going to send the dust to your one million "friends"?
Wow, not sure you could divide it up into a million pieces and get much out of it at all :/ do you really have 1 million friends? Couldn't imagine having that many but it all honesty it would be pointless dividing it up that much.
If I was one of your 1 million friends, I would not accept your BTC dust.
My wallet amount has enough decimals to the right as it is, don't need anymore!
My wallet amount has enough decimals to the right as it is, don't need anymore!
I want to take one bitcoin and divide it into a million
pieces and give them to my friends.
How do I set that up?
pieces and give them to my friends.
How do I set that up?
You have a million friends?
Are you sure they are all friends?
Would you give a friend 0.000 001 BTC?
Friends dont give friends unspenable dust inputs!
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