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Topic: m฿ = MBTC ? (Read 2029 times)

sr. member
Activity: 350
Merit: 250
December 10, 2015, 03:00:41 PM
#12
MBTC would be 1 million Bitcoin, more than anyone has.

Don't confuse with 1mBTC that is 0.001 BTC and almost everyone has

While you're technically right on what MBTC would represent, there are two flaws:

1) Satoshi is known to have more than this

2) No normal person would assume that they really meant 1 million, so contextual clues account for the misrepresentation and nullify it, thereby obviously making it mBTC regardless of if you capitalized it or not
hero member
Activity: 741
Merit: 500
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December 10, 2015, 07:35:54 AM
#11
MBTC would be 1 million Bitcoin, more than anyone has.

Don't confuse with 1mBTC that is 0.001 BTC and almost everyone has
sr. member
Activity: 410
Merit: 250
December 10, 2015, 05:15:58 AM
#10
I suggest you lock this thread now.Wink
legendary
Activity: 3206
Merit: 1069
December 10, 2015, 03:39:01 AM
#9
you can abbreviate with the bit suffice, so 0.001 would be 1k bit

i prefer to use satoshi or bit instead of the old metric system, it's more in theme with bitcoin
sr. member
Activity: 350
Merit: 250
December 10, 2015, 01:53:49 AM
#8
1 Satoshi    = 0.00000001 ฿    
10 Satoshi    = 0.00000010 ฿    
100 Satoshi    = 0.00000100 ฿    = 1 Bit / μBTC (you-bit)
1,000 Satoshi    = 0.00001000 ฿    
10,000 Satoshi    = 0.00010000 ฿    
100,000 Satoshi    = 0.00100000 ฿    = 1 mBTC (em-bit)
1,000,000 Satoshi    = 0.01000000 ฿    = 1 cBTC (bitcent)
10,000,000 Satoshi    = 0.10000000 ฿    
100,000,000 Satoshi    = 1.00000000 ฿    

Also, some refer to 1 mBTC as a BTM, or "Bitmil" (easier than millibitcoin I guess). It's not as common but does still get used.
full member
Activity: 131
Merit: 100
December 09, 2015, 10:32:11 PM
#7
Just a piece of advise, you may want to print that and keep it close as a reference.  I messed up before and ended up sending someone more than what I was supposed to because I did not convert it correctly.  Just a recommendation.
hero member
Activity: 672
Merit: 507
LOTEO
December 06, 2015, 01:57:31 PM
#6
You can find a table of units here: https://en.bitcoin.it/wiki/Units
Its from the days where you could easily have 1 MBTC (1,000,000 BTC)
full member
Activity: 126
Merit: 100
December 06, 2015, 01:35:01 PM
#5
Yeas mBTC is mbtc 1000 mbtc= 1BTC
legendary
Activity: 2016
Merit: 1030
Privacy is always important
December 06, 2015, 01:20:22 PM
#4
yes that mbtc or we can call it mega bitcoin you can see the table and meanings of every units of bitcoin here https://en.bitcoin.it/wiki/Units
legendary
Activity: 1232
Merit: 1017
December 06, 2015, 01:18:42 PM
#3
1 Satoshi    = 0.00000001 ฿    
10 Satoshi    = 0.00000010 ฿    
100 Satoshi    = 0.00000100 ฿    = 1 Bit / μBTC (you-bit)
1,000 Satoshi    = 0.00001000 ฿    
10,000 Satoshi    = 0.00010000 ฿    
100,000 Satoshi    = 0.00100000 ฿    = 1 mBTC (em-bit)
1,000,000 Satoshi    = 0.01000000 ฿    = 1 cBTC (bitcent)
10,000,000 Satoshi    = 0.10000000 ฿    
100,000,000 Satoshi    = 1.00000000 ฿    
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
December 06, 2015, 01:17:51 PM
#2
m฿ = mBTC = mili bitcoin = 1 thousandth of a bitcoin = 0.001BTC
u฿ = uBTC = micro bitcoin = 1 millionth of a bitcoin = 0.000001BTC
full member
Activity: 215
Merit: 100
December 06, 2015, 01:15:37 PM
#1
How m฿ called ?
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