Satoshi is the person or entity that idealized Bitcoin.
It is also the smallest Bitcoin subdivision right now, equivalent to 0.0000001 BTC, or almost nothing right now
Topic: What are satoshi ? (Read 885 times)
Why do people talk in satoshi how much is a satoshi worth? What are satoshi is it a unit?
satoshi is least value among the bitcoin range. easily you can through faucets itself if you need satoshis.
Why do people talk in satoshi how much is a satoshi worth? What are satoshi is it a unit?
Yes satoshi is a unit, the lowest amount of 1 bitcoin. satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. 1 satoshi = 0.00000001 BTC
As said its the lowest unit in bitcoin generating a value that is equal to 0.000003934 USD, but a important info behind this is name is the person Satoshi.
Why do people talk in satoshi how much is a satoshi worth? What are satoshi is it a unit?
Yes satoshi is a unit, the lowest amount of 1 bitcoin. satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. 1 satoshi = 0.00000001 BTC
Satoshi is the smallest unit of Bitcoin. 100 Million satoshi equals to 1 Bitcoin
And according to current bitcoin rate 1 satoshi Worth's 0.000003934 USD
And according to current bitcoin rate 1 satoshi Worth's 0.000003934 USD
You can find a neat list of Bitcoin denominations on BitcoinWiki.
The way I think of it is just like I would with a dollar. If 1 Bitcoin is similar to 1 dollar, than a satoshi is like a penny. Except a satoshi is a much much smaller fraction of a Bitcoin than a penny is to a dollar.
So a penny is 0.01 of a dollar.
And a satoshi is 0.00000001 of a bitcoin.
That is about all there is to it. So if you want to know how much a satoshi is worth in dollars than just use this:
Current Price of Bitcoin in Dollars * 0.00000001 = Value of a Satoshi In Dollars
Pretty simple stuff.
So a penny is 0.01 of a dollar.
And a satoshi is 0.00000001 of a bitcoin.
That is about all there is to it. So if you want to know how much a satoshi is worth in dollars than just use this:
Current Price of Bitcoin in Dollars * 0.00000001 = Value of a Satoshi In Dollars
Pretty simple stuff.
Why do people talk in satoshi how much is a satoshi worth? What are satoshi is it a unit?
A part, a piece of bitcoin. we call bitcoin, if just a small amout we call it satoshi. Got it ? Why do people talk in satoshi
B'coz it's a/the unit of bitcoin. how much is a satoshi worth?
1 satoshi = 0.00000001BTC= 0.00001mBTC
= 0.01 uBTC
What are satoshi is it a unit?
Basically, satoshi was/is the founder of bitcoin & henceforth their name is also the "unit" of bitcoin.P.S. It's like Newton discovered about "Force" & henceforth the S.I. unit of force is "Newton (N)"
Satoshi is the smallest division of BTC.
1 satoshi = 0.00000001 BTC
Also:
1 mBTC = 0.001 BTC
1 uBTC = 0.000001 BTC
1 satoshi = 0.00000001 BTC
Also:
1 mBTC = 0.001 BTC
1 uBTC = 0.000001 BTC
Thanks that makes a lot of sense now
Satoshi is the smallest division of BTC.
1 satoshi = 0.00000001 BTC
Also:
1 mBTC = 0.001 BTC
1 uBTC = 0.000001 BTC
1 satoshi = 0.00000001 BTC
Also:
1 mBTC = 0.001 BTC
1 uBTC = 0.000001 BTC
Why do people talk in satoshi how much is a satoshi worth? What are satoshi is it a unit?
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