Author

Topic: satoshi and bitcoin (Read 1053 times)

sr. member
Activity: 378
Merit: 250
February 17, 2016, 08:08:23 PM
#11
Hi.... I am new here. Thanks for the information. Can the unit go further down like 1 nano-BTC, 1 pico-BTC?
no. No because satoshi is the smallest you can transfer at the moment. i don't know if they will change it soon.
legendary
Activity: 2282
Merit: 1023
February 17, 2016, 03:51:59 AM
#10
By the way, was that Satoshi himself who decided to name 1/100,000,000 bitcoin as 1 satoshi? Who was the first person to use it?
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
February 17, 2016, 03:05:44 AM
#9
hey guys i would like to know as to how many satoshi there are in a bitcoin.
i dont know who was create this technical term, 1 Bitcoin is equal with 100.000.000 Satoshi,and i dont know since when this is applicate on bitcoin,but som many people also use Satoshi for technical term on bitcoin.
When I was a newbie I thought 1 BITCOIN is one satoshi it is later that I realize that there are so many unit on one bitcoin,newbies are surprise when you tell them that you will receive 100,000 satoshi they thought it could convert to million in dollars
full member
Activity: 140
Merit: 100
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February 17, 2016, 02:23:53 AM
#8
Hi.... I am new here. Thanks for the information. Can the unit go further down like 1 nano-BTC, 1 pico-BTC?

We can go as low for that units but we can only send it when we reached the lowest amount we can send which is 546 satoshi.

Source: http://bitcoin.stackexchange.com/questions/17830/whats-the-minimum-transaction-with-bitcoin
legendary
Activity: 2674
Merit: 1048
February 17, 2016, 01:22:50 AM
#7
hey guys i would like to know as to how many satoshi there are in a bitcoin.
i dont know who was create this technical term, 1 Bitcoin is equal with 100.000.000 Satoshi,and i dont know since when this is applicate on bitcoin,but som many people also use Satoshi for technical term on bitcoin.
newbie
Activity: 58
Merit: 0
February 17, 2016, 01:18:43 AM
#6
hey guys i would like to know as to how many satoshi there are in a bitcoin.


It is a simple search on google. Anyway;

Predefined Values:
1 Satoshi   = 0.00000001 ฿
100,000 Satoshi   = 0.00100000 ฿
1,000,000 Satoshi   = 0.01000000 ฿
10,000,000 Satoshi   = 0.10000000 ฿
100,000,000 Satoshi   = 1.00000000 ฿

ergo, 100,000,000 x 21,000,000
im sure you can do that math sir  Tongue
newbie
Activity: 30
Merit: 0
February 17, 2016, 01:18:38 AM
#5
Hi.... I am new here. Thanks for the information. Can the unit go further down like 1 nano-BTC, 1 pico-BTC?
sr. member
Activity: 378
Merit: 250
February 17, 2016, 01:09:59 AM
#4
Satoshi is the smallest amount of bitcoin that can be currently transfered and sent. It is 0.00000001 of a BTC. Smiley Smiley Smiley
legendary
Activity: 1582
Merit: 1268
February 17, 2016, 01:07:55 AM
#3
hey guys i would like to know as to how many satoshi there are in a bitcoin.


It is a simple search on google. Anyway;

Predefined Values:
1 Satoshi   = 0.00000001 ฿
100,000 Satoshi   = 0.00100000 ฿
1,000,000 Satoshi   = 0.01000000 ฿
10,000,000 Satoshi   = 0.10000000 ฿
100,000,000 Satoshi   = 1.00000000 ฿
sr. member
Activity: 294
Merit: 250
February 17, 2016, 01:07:51 AM
#2
0.00000001 BTC = 1 satoshi
0.001 BTC = 1mBTC
0.000001 BTC = 1 Bit

So, there would be 100 million satoshis in a whole Bitcoin
1000 mBTCs in a whole BTC
and 100000 bits in a BTC.
newbie
Activity: 9
Merit: 0
February 17, 2016, 01:03:42 AM
#1
hey guys i would like to know as to how many satoshi there are in a bitcoin.
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