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How Many Satoshi's Are Equivalent To 1 Bitcoin?

Converter For Satoshi Bitcoin And Other Currencies

Converter For Satoshi Bitcoin And Other Currencies

You can use our website to find out how much one satoshi or bitcoin costs in all kinds of currencies, how many satoshis there are in one US Dollar, how many Euro there are in one bitcoin.The calculator can convert currencies both ways you can find out how many satoshis or bitcoins you need to buy one unit of a fiat currency, such as USD, EUR, GBP, CNY and others. Each bitcoin (1 BTC) can have a fractional part of up to 8 digits so 1 bitcoin can be divided into 100 000 000 units.Each of these bitcoin units (0.00000001 BTC) is called a satoshi. A satoshi is the smallest unit in a bitcoin.This unit is named after Satoshi Nakamoto the alias of the bitcoin creator.There are also intermediate measurement units (microbitcoins, millibitcoins, bitcents). See the complete table of units below. Continue reading >>

100% Accurate Satoshi To Usd | Satoshi To Btc (bitcoin) Converter

100% Accurate Satoshi To Usd | Satoshi To Btc (bitcoin) Converter

You are at: Home Satoshi to USD Converter The following page supplies a simple conversion tool from Satoshis (0.00000001 Bitcoins) to USD / EUR / CNY / GBP / RUB / CAD. It is updated live as soon as you enter the value of Satoshis you require. You can click the refresh button to get an updated value at any time. Continue reading >>

Convert Satoshi To Usd Dollar - Satoshi Dollar Calculator

Convert Satoshi To Usd Dollar - Satoshi Dollar Calculator

Convert Satoshi to USD Dollar and USD to Satoshi Satoshi and Bitcoin USD Dollar Conversion Table One Satoshi is the smallest unit of Bitcoin, each Bitcoin is divisible to the 8th decimal place, so each Bitcoin can be split into 100,000,000 units. Each unit of bitcoin, or 0.00000001 bitcoin, is a Satoshi. Continue reading >>

Satoshi To Bitcoin Conversion Calculator

Satoshi To Bitcoin Conversion Calculator

Optional, only if you want us to follow up with you. By submitting your email, you agree to the finder.com Privacy Policy Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, we may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Continue reading >>

Satoshi To Bitcoin (btc) Converter & Calculator

Satoshi To Bitcoin (btc) Converter & Calculator

Each bitcoin (BTC) is divisible to the 8th decimal place, so each BTC can be split into 100,000,000 units. Each unit of bitcoin, or 0.00000001 bitcoin, is called a satoshi. A Satoshi is the smallest unit of Bitcoin. Satoshi to Bitcoin is a Bitcoin converter/calculator. Right now, we offer two converters: Satoshi to BTC and BTC to Satoshi. Continue reading >>

What Is Satoshi? Satoshi To Btc & Usd Converters

What Is Satoshi? Satoshi To Btc & Usd Converters

What is Satoshi? Satoshi To BTC & USD Converters By: Sudhir Khatwani In: Bitcoin Last Updated: So, if you live in the world, you are probably using some kind of national currency like INR, USD, GBP, or EUR. Some national currencies (like USD) have a cent, which is 1/100 part of the currency. Similarly, in the world of Bitcoin , there are very small currency units. In this article we will learn everything about our beloved Bitcoins & its units. Bitcoin, the worlds first cryptocurrency , has a unit called Satoshi. A Satoshi is the smallest unit of Bitcoin. It is named after Satoshi Nakamoto , the creator of Bitcoin. Each BTC is divisible until the 1/10^8 part.A unit of Satoshi is equal to 0.00000001 bitcoin. Since Bitcoins inception, it has only ever had two official units- Bitcoin and Satoshi. In 2015, Bitcoin was included under ISO 4217 which does standardization for currencies. After that, the following naming conventions have been used: This above-explained currency conversion system can be cumbersome and difficult to understand. Though the conversion involves just moving decimal places here and there, it has to be done carefully, otherwise while receiving or sending bitcoins, you can lose a significant amount. Some do-it-yourself tools are available to make this conversion simpler. We use this tool for Satoshi to bitcoin conversion and highly recommend it (free to use). Another factor which affects conversions is the fluctuating rate of fiat currency and Bitcoin. This fluctuation is based on supply and demand in the market, which makes it harder to calculate the exact amount you need to send or receive. For such conversions, special calculators are used whichkeep track of all the fluctuations under the hood and gives you accurate conversion rates. With the use of su Continue reading >>

Satoshi | Investopedia

Satoshi | Investopedia

The smallest unit of the bitcoin cryptocurrency. Satoshi is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency. Unlike the physical versions of global currencies, such as the British pound or U.S. dollar, cryptocurrencies predominately exist in the digital world. Despite this difference, a cryptocurrency can be divided into smaller units, just as the pound is broken into pence and the dollar into cents. In the case of bitcoins, the smallest unit available is called the satoshi. The satoshi unit is named after Satoshi Nakamoto, published a paper in 2008 that jumpstarted the development of the bitcoin cryptocurrency. The paper, Bitcoin: A Peer-to-Peer Electronic Cash System, described the use of a peer-to-peer network as a solution to the problem of double-spending. The problem that a digital currency or token can used in more than one transaction is not found in physical currencies, as a physical bill or coin can, by its nature, only exist in one place at a single time. Since a digital currency does not exist in the physical space, using it in a transaction does not remove it from someones possession. The satoshi represents one hundred millionth of a bitcoin. Small denominations make bitcoin transactions easier to conduct transactions with. The general unit structure of bitcoins has 1 bitcoin (BTC) equivalent to 1,000 millibitcoins (mBTC), 1,000,000 microbitcoins (BTC), or 100,000,000 satoshis. While the exact figure is unknown, it is estimated that Satoshi Nakamoto may possess 1 million bitcoins, equivalent to 100,000,000,000,000 satoshi. While not part of a major currency pair, bitcoins can be converted to and from other currencies. Bitcoin exchanges exist in order to allow individuals to conduct transactions. Continue reading >>

Could The Value Of One Satoshi Ever Be At $1?

Could The Value Of One Satoshi Ever Be At $1?

Could The Value Of One Satoshi Ever Be At $1? I was having a chat with one of my friends, to whom I have introduced bitcoin lately, and he said Bitcoin has a limited number of coins, so it cant grow to be one of the worlds top currencies, I answered him that Nakomoto designed bitcoin so that it has 100,000,000 units, which he named satoshis. Thats when my friends was really amazed and started saying so, if one satoshi is equal to 1$, with more than 12 million bitcoins on the blockchain right now, the bitcoin economy would be worth more than 1200 trillion dollars and one bitcoin would be worth more than 100 million US Dollars, so it really has the potential to outgrow all other currencies. And I decided to write a piece about this theoretical question Can Bitcoin ever grow so that one satoshi would be worth $1? I am one of those who believe that the price of bitcoin has followed the path of most assets that make it in free markets; as all begins with a slightly upward sloping trend, followed by a steep surge and then the bubble bursts and the price starts crashing. Yes, I believe that bitcoin price burst a few bubbles already; however, after each and every one of those bubbles; bitcoin price doubles the value it was before the bubble started to build up. If we take a look at the weekly (BTC/USD) charts (take a look at the below chart), we can notice an exponential growth rate period, between September and November 2013, which was terminated by the a burst bubble after the price exceeded $1100. Theoretically speaking, if this exponential growth rate would have continued throughout 2014, we would have seen bitcoin price now exceeding $20,000 now. However, I believe that the whole bitcoin economy is still suffering from the aftermaths of the burst bubble of 2013 and every Continue reading >>

How To Convert Satoshi To Bitcoin

How To Convert Satoshi To Bitcoin

Last updated on November 6th, 2014 at 09:53 pm How to Convert Satoshi to Bitcoin: Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC. In the future, however, the protocol may be updated to allow further subdivisions. What is Bitcoin ? Bitcoin is currently a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and to also verify the transfer of funds. This is all processed independent of a central bank. In simpler terms Satoshi is Bitcoin Stack Exchange. Bitcoin is pretty much like cash for the internet. Satoshi Nakamoto is the author of the paper that originated Bitcoin and the creator of the original bitcoin client and that is where the word Satoshi derives from. How do you convert Satoshi to bitocoin? Keep reading below to find out exactly how to convert the two cryptocurrencies back and forth! The maddening thing that has everyone confuse and not completely buying into this new cryptocurrency is the conversion system. There is no easy way of explaining the conversion system and if you are not very crafty with your math skills, it may be difficult to complete the conversion; especially converting Satoshi to bitcoin. To get the best understanding of converting Satoshi to Bitcoin, it may be easier to use an online converter system. For instance, 0.00018 BTC (bitcoins) =0.18mBTC (millibits) =180uBTC (microbits) =18000 Satoshi. The other factor is that the daily price of Bitcoins can vary. Using the numbers above, the value in U.S. dollars would 0.06. That is six cents in U.S. currency. So converting Satoshi to Bitcoin really comes down to knowing how many places to move the decimal point when converting from one unit to another unit. Continue reading >>

Divisibility - Will We Ever Need Smaller Amounts Of Bitcoin Than A Satoshi? - Bitcoin Stack Exchange

Divisibility - Will We Ever Need Smaller Amounts Of Bitcoin Than A Satoshi? - Bitcoin Stack Exchange

Will we ever need smaller amounts of Bitcoin than a Satoshi? It is very unlikely that anything smaller than a Satoshi will be needed. See the math below. After a little math provoked by a comment... it's unlikely to ever need a smaller than a satoshi (1/100,000,00 of a BTC). I calculated about 52500 satoshi's to $1 if all bitcoins have been mined and they are worth about $1900 each. So even up to $9975000 per bitcoin still puts 1 satoshi at 1 cent. It would be nice to see a back-of-the-envelope-calculation that supports this answer. ripper234 Aug 31 '11 at 5:57 You start off saying yes, then no. What should we vote on? Could you make your answer consistent? Since SE keeps full edit history, there is little need to retain stuff you don't agree with any more, though you should note major edits so the context for comments remains clear, and people can check the edit log for details. nealmcb Aug 31 '11 at 20:11 "So even up to $9,975,000 per bitcoin still puts 1 satoshi at 1 cent." No it does not, $9,975,000 per bitcoin put 1 satoshi at 9.75 cent $1m per bitcoin means 1 satoshi = 1 cent user19068 Aug 22 '14 at 15:36 total_bitcoins / population * satoshis/BTC) = 21e6 / 7e9 * 1e8 = 300000 satoshis/person. Assuming a net worth of $300000/person, the smallest possible transaction would be a whopping $1. This is not a small enough division. Mateen Ulhaq Oct 30 '14 at 7:43 How is 1 cent (USD 0.01 I assume) a small enough "granularity" of a currency - even an electronic one? I't perfectly normal to book fractions of cents for small values. Just the exchange is rounded to cents. Volker Siegel Mar 29 at 13:21 TL;DR: If transaction volume explodes, Bitcoin is adopted for micro-payments, and the value of bitcoins increases sufficiently, we will need greater divisibility. First of all, Continue reading >>

Earn Up To 1,6 Million Satoshi In A Day [updated]

Earn Up To 1,6 Million Satoshi In A Day [updated]

Earn up to 1,6 Million Satoshi in a day [Updated] This sub-forum is a hub for referral links. Due to incessant referral spam being posted throughout the forum, all referral links must be posted only within this sub-forum; posting them elsewhere on the forum is not permitted. Any referral links posted elsewhere will be moved here. Bitcoin.com is not responsible for any of the referral links posted or promoted here. Users are responsible for their own safety and security on any link they choose to click on, or external site they wish to engage with. None of the sites linked here are endorsed by Bitcoin.com; users must do their own due diligence on any company / site linked to within this sub-forum. I want to share my list of faucets, that I currently use, with this community. They are all very profitable and I can confirm that all of them pay out. (CoinPot faucets pay directly to your CoinPot account, thus you can collect all your earnings in one place. You can also covert between several cryptocurrencies-No Fee for conversion) bonusbitcoin.co - avg. 76 Satoshi every 15 minutes -> 240 Satoshi/hour + additional 5% of your claims as daily reward (average claim option) bitfun.co - 15 Satoshi every 3 minutes -> 300 Satoshi/hour moonbit.co.in - 7+ Satoshi every 5 minutes -> 84 Satoshi/hour moondoge.co.in - 0.04+ DOGE (3 satoshi) every 5 minutes ->36 Satoshi/hour moonliteco.in - 200+ Litoshi every 5 minutes -> 40 Satoshi/hour moondash.co.in - 80+ Dashtoshi every 5 minutes -> 84 Satoshi/hour mooncash.co.in - 30+ satoshi every 5 minutes -> 360 Satoshi/hour 240+300+84+36+40+84 = 784 Satoshi/hour -> 18816 Satoshi/day (2.07$) Electroneum Mobile Miner: Electroneum ->8 ETN/day (0.16$) fieldbitcoins.com - 3 Satoshi every 5 minutes -> 36 Satoshi/hour->864 Satoshi/day (0.1$) cryptominin Continue reading >>

Terminology - What Is A 'satoshi'? - Bitcoin Stack Exchange

Terminology - What Is A 'satoshi'? - Bitcoin Stack Exchange

I am aware that Satoshi Nakamoto is the author of the paper that originated Bitcoin and the creator of the original bitcoin client. However, I often hear the term Satoshi as if it was a monetary unit. A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC. In the future, however, the protocol may be updated to allow further subdivisions, should they be needed. Note that it's possible that future protocol versions will introduce amounts smaller than a Satoshi, if deemed required by the community. I'm not sure how likely this is. bitcoin.stackexchange.com/questions/122/ ripper234 Aug 30 '11 at 23:02 @eMansipater It might be worth editing your answer just a touch to ensure that people don't think that there is a limit to the number of decimal places possible. Gary Rowe Sep 9 '11 at 10:35 It's Michael's answer, but I updated it anyway. eMansipater Sep 10 '11 at 12:08 Isn't one BTC a HUNDRED million Satoshis? Blaisorblade May 11 '14 at 23:51 A Satoshi is 0.00000001 BTC and currently the smallest transaction unit. If a Satoshi was equivalent to one penny, a microBTC would be equivalent to one dollar, and one BTC would be equivalent to 1,000,000 dollars. With one BTC on the order of $1,000 USD, a Satoshi is equivalent to .001 penny -1 No new information in comparison to the previous answers. Murch Jan 22 '14 at 13:36 @Murch -1 on your comment. He words it different and different readers respond differently to different wordings. He apparently explains it the way he thinks about it. Not all readers have a high enough IQ to see all wordings as equivalent, thus there is value in multiple answers. See also my comment to Lohoris. Vertical screen and database space are not scarce resources. The Knowledge A Continue reading >>

Satoshi (unit) - Bitcoin Wiki

Satoshi (unit) - Bitcoin Wiki

The term "satoshi" in use on a message board The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain . [1] It is a one hundred millionth of a single bitcoin (0.00000001 BTC). [1] The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto . [2] All amounts in the block chain are denominated in satoshi before being converted for display. [3] The source code also uses satoshi when specifying an amount of bitcoin. [4] When displaying an extremely fine fraction of a bitcoin, such as when calculating fee per byte or a faucet reward, the amount is displayed in satoshi for readability. [5] [6] Although the satoshi is the finest amount that can be recorded in the block chain, [3] payment channels may need to make very granular payments and so are sometimes denominated in millisatoshi, which are one hundred billionths of a single bitcoin. [7] As of October 2017, 1 US cent is worth approximately 171 satoshi. The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008. [4] On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a Satoshi. [8] Four months later he instead suggested that the one hundred millionth unit be called an austrian or a satoshi. [9] The name satoshi caught on, and was widely adopted thereafter. [2] Traditionally, the plural form has been simply satoshi, [10] but the term satoshis is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as satoshisa, [11] or simply satoshi. [11] Satoshi is often abbreviated to sat or s, although no currency symbol has been widely adopted. There are various proposed symbols: Continue reading >>

If One Satoshi Were Equal To One Penny... : Bitcoin

If One Satoshi Were Equal To One Penny... : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Bitcoin Needs To Be Worth $1,000,000 To Be A Legitimate Currency

Bitcoin Needs To Be Worth $1,000,000 To Be A Legitimate Currency

Bitcoin needs to be worth $1,000,000 to be a legitimate currency A single bitcoin is equal to 100,000,000 Satoshi Think bitcoin is in bubble territory? You aint seen nothing yet, says one cryptocurrency expert, who believes its value needs to surge by about 300 times over the next several years to be considered a legitimate currency or risk retreating into obscurity and obsolescence. Bitcoin, the No. 1 cryptocurrency, has drawn outsize attention over its parabolic riseand the recent, brutal plunge it has been enduring in recent trade. Read: Why bitcoin may be worth only a third of its value Some market participants, however, make the case that despite its roughly 260% year-to-date rise BTCUSD, +2.58% it has to clear a far more stratospheric value hurdle to evolve into a practical form of money alongside fiat units like the U.S. dollar DXY, -0.37% Europes euro EURUSD, +0.4226% or British pound GBPUSD, +0.2625% Also read: Bitcoin faithful rage against Jamie Dimon A single bitcoin was worth about $3,900 in recent trade on Monday, off lows of the past few days, according to data site Coindesk.com , amid regulatory headwinds in China and critical comments from Wall Street pros like J.P. Morgan Chase & Co.s CEO Jamie Dimon . Still, a bitcoin would need to be worth a stunning $1,000,000 to be a bona fide monetary unit, says Iqbal Gandham, U.K managing director at eToro, a trading platform. Check out: Bitcoin at crossroads after shedding billion in value In other words, the digital currency would need to see a 300 fold run-up from its current level. To be sure, Gandham isnt making a prediction; though he believes the currency has the ability to scale such lofty levels, Gandham thinks that bitcoin needs to climb to such a level to be truly viable as a monetary unit. To understa Continue reading >>

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