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Is Mbtc The Same As Btc?

Now Would Be A Good Time To Start Using Mbtc As Default Unit. : Bitcoin

Now Would Be A Good Time To Start Using Mbtc As Default Unit. : 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 >>

Please Explain Mbtc To Me. : Bitcoin

Please Explain Mbtc To Me. : 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 >>

Bitcoinity.org/markets

Bitcoinity.org/markets

If enabled, you will hear sound every time N bitcoins (called volume threshold below) are traded. If after these trades price is higher you will here "up" sound, if lower, "down" sound, and if it stays the same "no change" sound. If you set it to 0.1 and 10 bitcoins are traded at once, 100 sounds will be played one after another (so choose it wisely ;) ). Warning! This setting is currency specific setting. It won't work if you switch to another currency. Message displayed at, your notification has been disabled. The chart below is the price change over time.The yellow line is the price [USD / BTC] at which actual trades were made.Green and red areas near the yellow line show you maximum and minimum price. Price is shown on the right axis. Bars in the background represent volume (that is, how many coins were traded during that time) enumerated in [BTC]. The Value for this is shown on the left axis. 10m 10m |1h 1h |3h 3h |12h 12h |24h 24h |3d 3d |7d 7d |30d 30d |6m 6m |2y 2y |all all Below is the cumulative depth chart. Moving your mouse over it will give you more information. The value axis for the cumulative depth chart is on the left, enumerated in [BTC]. About these bars going up and down (if there are any at the moment).They show market depth changes over the last 10 minutes.The value axis for them is on the right [BTC]. Bars on the left of the current price are bid offer changes, and on the right ask offer changes. So if somebody is adding a bid offer, you will see a green bar up on the left.About colors: if bids are added they are in green, and when removed they are in red. For asks it's the opposite. That's because when somebody is adding an ask, it makes it harder for the price to go up (red). If somebody is removing an ask it's easier for the price to go up (gr Continue reading >>

Petition Make

Petition Make "mbtc" Bitcoin's Standard Unit Change.org

Inoue Satoru started this petition to With the value of 1 BTC now hitting thousands of dollars, I think 1 BTC being $6,000 is a massive psychological barrier for ordinary people. Many people do not even know that 1 BTC can be in smaller units and they tell me that they don't have $6,000 to invest. So I call on coinmarketcap.com to use mBTC as the standard unit. By making mBTC the standard unit in exchanges, two things could happen. 1. If 1 BTC is at $6,000, 1 mBTC is $6. Psychological barriers will be significantly lower for cryptocurrency beginners to enter the market. 2. It also educates people that 1 BTC is not the smallest unit of Bitcoin. All major cryptocurrency news site should do the same. A good middle ground could be that they show both: BTC and mBTC. Units of Bitcoin reference: I'm one of those non-tech ordinary people who were fortunate to buy a couple of BTC last year. Nobody around me really knew it yet or they sort of had heard of it somewhere (probably because of Mt. Gox) but this year since summer, virtually everybody knows its existence yet they do not own a dollar worth of Bitcoin yet. If we want them to go in, we should make Bitcoin look like "real" money at an affordable price. The entry is still hard enough i.e. make a wallet, purchase Bitcoin with credit card or via Bitcoin ATM, register on exchanges to trade and convert it back to cash and etc. etc. but there are logistical barriers that tech companies will solve very soon. By making mBTC the official unit, we remove the psychological barrier that is probably bigger than a logistic problem. This petition starter stood up and took action. Will you do the same? Continue reading >>

Bitcoin Converter Btc Mbtc Bits Satoshi To Aud Cad Euro Gbp Usd

Bitcoin Converter Btc Mbtc Bits Satoshi To Aud Cad Euro Gbp Usd

Bitcoin Converter BTC mBTC Bits Satoshi to AUD CAD EURO GBP USD Convert BTC, mBTC, Bits, Satoshis, AUD, EUR, GBP,USD and More! Bitcoin Converter is your one stop for all kinds of Bitcoin conversions. Bitcoin units include BTC, mBTC, bits, and Satoshis. Fiat currencies include AUD, EUR, GBP, USD and More!Bitcoin Converter help you with real time exchange of all major units. About the Bitcoin Converter: It Began with BTC and mBTC I noticed that several people found my original Bitcoin Converter when searching for a way to convert betweenBitcoins and millibits (mBTC). While this is an extremely simple task, I figured Id create the tool just in case someone really wanted it. So, here it is, my BTC and mBTC (and now, bits and Satoshis and USD and EUR and CNY!) converter.Let me know if you have questions or suggestions! We recently added support for conversion to and from bits, which are one millionth of one Bitcoin or one thousandth of one mBTC. A bit is the same thing as a BTC or a microbitcoin. Enjoy! You can now convert to and from US dollars in addition to Bitcoin, mBTC, and bits! This is perfect for the conversion that everyone needs: BTC to USD. The exchange rate is from Bitcoin Average . This tool just keeps getting better! Weve added Satoshis! The Satoshi is currently the smallest unit of Bitcoin available. There are 100 million of them in one full Bitcoin. All other units (mBTC, bits, USD) are still available, so there are tons of Bitcoin conversion pairs to choose from! Satoshi to USD? Weve got that. Want to convert from the Satoshi to BTC? You can! This Bitcoin converter is extremely versatile. Update #4 : The Euro, GBP, CAD and the Chinese Yuan! We recently added support for the euro and the Chinese yuan! I figured that since nearly 70% of Bitcoin trade is curre Continue reading >>

Btc, Mbtc, Ubtc And Others Know Your Bitcoins

Btc, Mbtc, Ubtc And Others Know Your Bitcoins

BTC, mBTC, uBTC and others Know Your Bitcoins Home / Guides / BTC, mBTC, uBTC and others Know Your Bitcoins Digital currency is a huge phenomenon when it comes to alternative currency. They have opened up so many possibilities as to just how you can make transactions online cheaply and easily. But as with anything else in life, intricate knowledge will give you mastery and ability to get the best out of digital currency. Digital currency gets its clout from the fact that it is unregulated by any centralized system and it is widely circulated. This makes it very resistant to runaway inflation and unnecessary control from corrupt banks and overbearing governments. Probably one challenging concept to grasp is the denomination of Bitcoins and how they are subdivided into smaller units. There is much that you can actually get to learn on this matter. We will demystify the important areas and ensure that you are able to use your favorite cryptocurrency more effectively while getting the best out of them. Most users that I get to interact with ask what mBTC or uBTC is, how to convert one to the other and other such questions. For starters, let us define the two units; mBTC stands for mili-bitcoin, which is equal to a thousandth of the crypto coin. This is denoted numerically as 0.001BTC. One Bitcoin equals 1,000 mBTC. uBTC stands for a micro-bitcoin, which is a millionth of the crypto coin. This is numerically represented as 0.000001BTC. One Bitcoin equals 1,000,000 uBTC. BTC stands foor Bitcoin, and represents one unit of the crypto coin. For the purposes of ease of use, purchase and transactions , the standard unit of purchase is mBTC. This is small enough to be purchased by anyone and at the same time sizeable enough to measure value and purchase something. The BTC in itse Continue reading >>

Terminology - What Is A Mbtc? - Bitcoin Stack Exchange

Terminology - What Is A Mbtc? - Bitcoin Stack Exchange

I have been trying to find out just what is an mBTC is. Everywhere I look I cannot find out what the value is compared to a Bitcoin. I was hoping you could advise me of what the value is. m is the symbol for the metric prefix milli which indicates a unit to be one thousandth of its base unit. A millibitcoin therefore is 0.001 BTC or 1/1000 BTC. I've edited this answer because it contained grammar errors that made it somewhat confusing. However, in my opinion this answer doesn't add new content, rather it repeats previous answers. Murch Sep 17 '17 at 6:44 A millibitcoin is 0.001 BTC. But an easier way to remember is one satoshi is one hundred millionth of a bit coin. Ten Satoshi = one Ith I one hundred Satoshi = one Hish H one thousand Satoshi = one Shi Sten thousand Satoshi = one Oth Oone hundred thousand Satoshi = one Tish Tone million Satoshi = one Ash A ten million Satoshi = one Sha S Continue reading >>

The Case For Using Mbtc Over Btc Denominations

The Case For Using Mbtc Over Btc Denominations

The Case for Using mBTC Over BTC Denominations As bitcoins price has gained quite a bit of value over the past few months, many bitcoin proponents have been asking the community to start thinking about using mBTC denominations rather than using decimal points. People proposing this idea believe its the right time to start referring to bitcoin percentages below one bitcoin in this fashion, to make calculations easier and to attract new users who think one bitcoin is too expensive. Also read: Hungarys Central Bank and Police Create Onecoin Surveillance Group The fiat value of bitcoin is getting seemingly close to the US$2000 range as the price per BTC hit an all-time high on May 11 reaching $1890 across global exchanges. Since bitcoins value is growing larger a bunch of cryptocurrency enthusiasts have proposed people start using mBTC denominations. One mBTC ,otherwise known as a millibitcoin, is one thousandth of a whole bitcoin, or 0.001BTC. At current market prices, one mBTC is worth $1.85, and people have been bolstering the mBTC idea well before one mBTC was a dollar. The reason people would like to use the mBTC unit measurements instead is because its easier for humans to innumerate and communicate smaller portions of bitcoin. Furthermore, some people just learning about bitcoin sometimes believe they have to purchase a whole coin, which is not the case as anyone can purchase bitcoinsin fractions. So bitcoin proponents believe using units of mBTC to describe smaller portions would allow new users to better conceptualize that they can buy ten dollars worth or 5 mBTC. There are a few wallet services and business that use the mBTC unit denomination within their applications interface. Wallets that use mBTC include Electrum, Blockchain, and Mycelium. Another terminology Continue reading >>

Why Bitcoin Should Be Broken Into 'bits'

Why Bitcoin Should Be Broken Into 'bits'

Apr 25, 2014 at 10:52 UTC|UpdatedApr 25, 2014 at 18:30 UTC Any form of money needs to be easily broken down into sub-units to allow an equal exchange for goods or services. And bitcoin is wonderfully divisible, with its smallest unit being the tiny 0.00000001of a bitcoin - a unit known as a 'satoshi'. However, such divisibility does come with one disadvantage. The Bitcoin Wiki, a source of BTC-related knowledge, has a lengthy chart spelling out the large number of different bitcoin sub-units:including mBTC, BTC and cBTC, and many more. But do you know what they stand for? Thankfully, there may be a better solution. A proposal floated on reddit has called for bitcoin to be broken down into just one smaller unit. That would mean that a single bitcoin would be divided into 1,000,000 individual units - or 'bits'. So, one bit would be worth0.000001 BTC, which at recent prices would roughly amount to $.0004. One hundred bits would be $.04. Previous year's bitcoin prices. Source: CoinDesk BPI This division of a bitcoin may seem infinitesimalnow, but, given that the price of bitcoin is up about four times what it was just a year ago, and may one day be worth thousands of dollars , it makes sense. Right now, breaking down bitcoin below the very understandable price-per-coin concept isn't easy to understand. From memory, is it easy to recall what a BTC (microbitcoin) is? Or that a mBTC (millibitcoin) is 0.001 of a bitcoin? Do we really need a bunch of different hard-to-remember names and acronyms? There is a logic within the system, but such scientific nomenclature is anything but user-friendly. Bitcoin is digital, so computers can divide it very simply, but it's not so easy for the average human brain, especially when looking at the smaller units, therefore a simpler system may Continue reading >>

How Much Is A Mbtc Equal To?

How Much Is A Mbtc Equal To?

For Bitcoin to be a true global currency the value of BTC needs always to rise. If BTC became the global currency & money supply = 100 Trillion then 1.00 BTC = $4,761,904.76. mBTC=millibitcoin=1 thousandth of a bitcoin=0.001BTC=0.00552 USD uBTC=microbitcoin=1 millionth of a bitcoin=0.000001BTC=0.0000000552 USD mBTC=millibitcoin=1 thousandth of a bitcoin=0.001BTC=0.00552 USD uBTC=microbitcoin=1 millionth of a bitcoin=0.000001BTC=0.0000000552 USD with a little asterisk on that. "0.00552 USD, at the current BTC/USD exchange rate of $5.52." mBTC=millibitcoin=1 thousandth of a bitcoin=0.001BTC=0.00552 USD uBTC=microbitcoin=1 millionth of a bitcoin=0.000001BTC=0.0000000552 USD with a little asterisk on that. "0.00552 USD, at the current BTC/USD exchange rate of $5.52." Ha! You ain't kiddin', brotha.... you should see what the price is here in the future. mBTC=millibitcoin=1 thousandth of a bitcoin=0.001BTC=0.00552 USD uBTC=microbitcoin=1 millionth of a bitcoin=0.000001BTC=0.0000000552 USD with a little asterisk on that. "0.00552 USD, at the current BTC/USD exchange rate of $5.52." Ha! You ain't kiddin', brotha.... you should see what the price is here in the future. I give the same advice to you bro; Buy! It goes up in November in 2013. We hope to see this growth continue. Continue reading >>

Btc Price, Sustainability, And Mbtc

Btc Price, Sustainability, And Mbtc

With the price of one full Bitcoin approaching $500 .... many people (even in my own circles) are viewing it as "Too expensive to participate in". The concept that Bitcoins are purchasable in divisible amounts, is something the public knows VERY little about. Sure, many have heard that down the road, you will be able to buy things in divisible amounts. But right now .... today .... with Bitcoin at $460 USD, very few people (in the general lay public) are internalizing this feature of Bitcoin. China's adoption of Bitcoin shot it up by over $200. That is just one country. Imagine where the value would go if more large groups began adopting en masse? A friend recently commented "Well thats great for China, but now Bitcoins are too expensive". People are viewing Bitcoin no different than buying into Google. Sure, Google is almost guaranteed to rise in value. They will dominate the next decade. But how many people will bother buying in when 1 share costs $550 ? I intentionally chose not to, for that very reason. What's the point of owning 3 shares, and waiting a year to make a whopping $300? I could make more selling lemonade at a lemonade stand. More importantly are those who don't have $500 to blow. As we've already seen, a lot of people have $50 to $450 to blow. But I don't believe the same volume of transactions will occur from $500 to $1000 because of this misconception. If growth is to be sustainable (at least as far as the buying and selling on exchanges is concerned), people need to know that its just as awesome to buy 0.005 BTC as it is to buy 1.0 BTC. So ... There is a lot of talk about "transitioning exclusively to mBTC" as the unit of measure. How exactly would this transition be done? Is it just an issue of constantly referring to mBTC in all our discussions, c Continue reading >>

Bitcoin Converter: Btc/mbtc/bits/satoshis/usd/eur/eth/ltc/more

Bitcoin Converter: Btc/mbtc/bits/satoshis/usd/eur/eth/ltc/more

Please let me know if you want me to add a feature or if you have any ideas for how I can improve this Bitcoin converter. The Bitcoin Converter Began with BTC and mBTC I noticed that several people found my original Bitcoin Converter when searching for a way to convert from mBTC to BTC and BTC to USD. While this is an extremely simple Bitcoin conversion, I figured Id create this BTC converter just in case someone really wanted it. So, here it is, my BTC and mBTC (and now, bits and Satoshis and USD and EUR and GBP) converter. We use the CryptoCompare Price Index for every USD, CAD, EUR, and GBP conversion. Let me know if you have any questions or suggestions for improving the Bitcoin converter. We recently added support for any Bitcoin conversion to or from bits! Bits are one millionth of one Bitcoin or one thousandth of one mBTC. A bit is the same thing as a BTC or a microbitcoin. Enjoy! You can now convert to and from US dollars with the BTC converter (in addition to Bitcoin, mBTC, and bits). This is perfect for the conversion that everyone needs: BTC to USD. The exchange rate is from CryptoCompare . This Bitcoin converter just keeps getting better! Weve added the Satoshi to the Bitcoin calculator. The Satoshi is currently the smallest unit of Bitcoin available. There are 100 million of them in one full Bitcoin. All other units (mBTC, bits, USD) are still available, so there are tons of Bitcoin conversion pairs to choose from. Satoshi to BTC? Weve got that. Want to convert from the Satoshi to USD? You can! This Bitcoin converter is now extremely versatile. We recently added support for the Euro! Now you can use this calculator to do Bitcoin conversions like BTC to EUR and EUR to BTC. You could even convert something like EUR to USD and see what the rate looks like usi Continue reading >>

Faq - Mbtc

Faq - Mbtc

Due to the high valuation of the basic Bitcoin unit, many everyday items and values can only be priced as fractions (like 0.031 BTC for a hamburger). Using the mBTC unit allows for simple, easy-to-understand whole numbers instead (like 31 mBits for the same burger). The mBTC unit is also somewhat forward looking, because it allows for a significant further rise in Bitcoin valuation without needing to adjust units. Technically, "mBTC" is an abbreviation for the word "millibitcoin", but you won't find that word in common conversation. Instead, "em-bit" is a lot shorter and easier to say aloud. If you need a more formal word, either "millibit" or "millicoin" will do as well. how do I change my wallet to display values in mBTC? Here are instructions for several common wallets: If you're using Bitcoin-Qt, go to Settings > Options and choose the Displaytab. Under "Unit to show amounts in:" select mBTC and hit OK. If you're using Blockchain.info 's My Wallet service, go to Account Settings > General. Under Bitcoin Displayselect MilliBit (mBTC). If you're usingElectrum, go to File > Preferences and choose the Wallettab. Under "Base Unit" select mBTC and hit OK, then restart Electrum. If you're using Multibitor Bitcoin Spinner, please be patient--mBTC support will be added soon . If you're using any other wallet program or service, please contact the wallet provider for more info about mBTC support. Continue reading >>

Betcoin.ag Default Currency Change From Btc To Eur Or Usd - Feedback Requested

Betcoin.ag Default Currency Change From Btc To Eur Or Usd - Feedback Requested

Betcoin.ag Default Currency Change from BTC to EUR or USD - Feedback Requested With the fluctuation and eventual overall rise of BTC, it has been proposed by members and staff to make the default currency of Betcoin.ag EUR or USD instead of BTC With the fluctuation and eventual overall rise of BTC, it has been proposed by members and staff to make the default currency of Betcoin.ag EUR or USD instead of BTC. All deposits and withdrawals would still remain in BTC, LTC, or ETH. This change has been suggested for a few reasons including but not limited to: 1) As BTC goes up in value, table minimums also go up significantly including poker, blackjack, slots, rake caps and all games. We want to keep a very low table minimum to enable many players to enjoy Betcoin.ag. 2) New players and some old are often confused by the lack of conversion. 3) The competitive rake caps increase and decrease with fluctuation. 4) We want to keep some stability and uniformity with the base currency. 5) Also proposed is to make the currency 1/10,000 of a bitcoin instead of 1/1,000 (mbtc) of a bitcoin which it is now. Bankroll would be in EUR or USD. You deposit in BTC, ETH, LTC and it is converted to EUR or USD. You play in EUR or USD and then withdraw BTC, ETH or LTC. At this stage, we are just sharing thoughts, feedback and getting your thoughts, feedback and reaction and we thank you. We need your feedback and thoughts on this and will be giving away 10, 250 Thank You Freeroll tickets for the most thoughtful answers by Monday, 5th June 2017 at 8pm EST. We thank you for continuing to make Betcoin.ag better and look forward to your comments. Continue reading >>

How Many Bits Are In A Bitcoin?

How Many Bits Are In A Bitcoin?

You are at: Home How Many Bits Are in a Bitcoin? 1 bit = 1 microbitcoin = 1 BTC = 0.000001 bitcoin (BTC) The term bit is a popular new unit being used to represent smaller Bitcoin amounts. Due to the rising value of 1 bitcoin (currently 1 BTC = $450 USD), many prices must be displayed in fractional bitcoin amounts. For example, a bottle of beer might be priced at .0085 BTC. These fractional numeric values can be confusing and difficult for many people to read. The bit sub-unit (equal to 0.000001 BTC) is considered by many to be a more memorable and intuitive way of displaying Bitcoin amounts; the aforementioned beer would cost 8500 bits. Originally proposed on Bitcoin the sub-reddit , and now being embraced by the payment processor Bitpay, the bit sub-unit offers the following advantages: More compatible with existing financial software that can only handle 2 decimal places. For example: using a figures like 49.99 bits instead of .00004999 bitcoins. Figures would remain easily readable in the event of an extreme rise in Bitcoins exchange rate: if 1 Bitcoin was worth $100,000, then a $4.99 beer would cost 49.90 bits. Bit is an easier to remember unit when compared to other longer unit names and acronyms: 100 bits instead of 100 microbitcoins/100 BTC/1 millibitcoin/1 mBTC). However, there are some disadvantages to the bits nomenclature: Can be confused with the binary unit bit in computing, or the old-fashioned US currency unit of bit, which is 12.5 cents. Unit prefix terms such as micro-, milli-, and centi- are more familiar to those who use the metric measurement system (i.e. everyone except Americans). 1 bit is equal to 0.000001 bitcoin. So converting a bitcoin amount to bits can be done by dividing the bitcoin amount by .000001. For instance: 42.66 bitcoins .000001 = Continue reading >>

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