I thought it needs to be a certain amount before someone can transfers btc out - was it 0.01 or 0.001 or face transaction fees or something?
https://en.bitcoin.it/wiki/Transaction_fees#Sending
Topic: Fractional BTC? (Read 542 times)
https://en.bitcoin.it/wiki/Transaction_fees#Sending
I thought it needs to be a certain amount before someone can transfers btc out - was it 0.01 or 0.001 or face transaction fees or something?
not if you are one of those hardcore enthusiasts that calculates world economy / 21 mio coins = some billions
Yes... but know that too small may not be worth your time =P
Yes, bitcoins don't exist as a separate entity, what exists are just transactions (transfer bitcoin amount x from a to b), so the amount is just an arbitrary number. In the current implementation it can be represented by 8 digits after the decimal, so the smallest possible ammount is 0.000000001 btc (= 1 satoshi)
Sweet. Looking better and better.
I have fractional gold and silver pieces. Sometimes an OZ is too much to get change for! LOL.
Yes, bitcoins don't exist as a separate entity, what exists are just transactions (transfer bitcoin amount x from a to b), so the amount is just an arbitrary number. In the current implementation it can be represented by 8 digits after the decimal, so the smallest possible ammount is 0.000000001 btc (= 1 satoshi)
Can you purchase fractions of BTC?
Haven't been able to get in the game yet.
Waiting to make my first private buy.
Haven't been able to get in the game yet.
Waiting to make my first private buy.
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