MicroBitcoin price today, MBC marketcap, chart, and info ...

Nice BTC integration on this site, prices shown in millibits! (click the flag, top right, and 'Switch to bitcoin')

Nice BTC integration on this site, prices shown in millibits! (click the flag, top right, and 'Switch to bitcoin') submitted by DivineOmega to Bitcoin [link] [comments]

If the next generation of Americans grows up comfortable with prices in 'millibits' and 'microbits'... could we finally get the U.S. to transition to the metric system? /r/Bitcoin

If the next generation of Americans grows up comfortable with prices in 'millibits' and 'microbits'... could we finally get the U.S. to transition to the metric system? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Vintage Bitcoin... remember when coffee only cost .00000001?

Vintage Bitcoin... remember when coffee only cost .00000001? submitted by Fractail to Bitcoin [link] [comments]

(#mBTC units) "we believe it will appease the regulators, w/ "lower" prices."

(#mBTC units) submitted by MrrWolf to Bitcoin [link] [comments]

Value of US dollar falls sharply. Now only able to purchase 2000 bits

Value of US dollar falls sharply. Now only able to purchase 2000 bits submitted by boughthefarm to Bitcoin [link] [comments]

BitPay, Bitcoin, and where to put that decimal point (if we get consensus). Give your feedback.

BitPay, Bitcoin, and where to put that decimal point (if we get consensus). Give your feedback. submitted by jgarzik to Bitcoin [link] [comments]

BitPay Announces Plan to Display BTC Prices in Bits

BitPay Announces Plan to Display BTC Prices in Bits submitted by RusellPower to Bitcoin [link] [comments]

Switch all units to micro-BTC by default · Issue #3862 · bitcoin/bitcoin · GitHub

Switch all units to micro-BTC by default · Issue #3862 · bitcoin/bitcoin · GitHub submitted by platypii to Bitcoin [link] [comments]

So who bought under 200 and feeling great now?

submitted by Batusik to Bitcoin [link] [comments]

The price of Bitcoin... Expensive or cheap? A look at denominations.

The price of Bitcoin... Expensive or cheap? A look at denominations. submitted by benperrin117 to Bitcoin [link] [comments]

Alright god f---ing dammmit. What's this I hear about "November"? What now??

What happens in November?
submitted by shad0proxy to btc [link] [comments]

Litecoin market cap just surpassed $ 500,000,000 again!

It's very nice to see that litecoin gets new buy support each day. Even so such a pump will lead to a crash sooner or later it will bring publicity which Litecoin (or any other coin) badly needs. It might also get more popular as second form of investment besides bitcoin for the big whales. Strengthen it's position as the second (or someday perhaps first) most accepted coin!
submitted by jujulian1987 to litecoin [link] [comments]

Microbitcoin or Bits is an objectively superior unit. 1 bit = 0.33 cents

I know this has been discussed to death several years ago, but we're going to have to deal with this at some point.
Microbitcoins or bits is a much better unit of account than bitcoin. For those who haven't seen it before, here's the rationale:
1) How many times have you heard "Bitcoin is too expensive" from people who assume they can't buy a fraction? Yes, I know that people who say this are ignorant. But the fact remains that because the bitcoin unit is too large, there's a significant amount of money sitting on the sidelines for no good reason.
2) The way we write numbers is biased toward smaller units. We do not put thousands separators after the decimal, but we do put them before. Let's try discerning the cost of small vs tiny items, and large vs huge items, in both bitcoin and bits:
Note that everything is pretty easy to distinguish except the price of 1mb mobile data vs access to a news article, in bitcoin. It's too hard to notice the difference between four and five leading zeros. This will cause many users to accidentally send or accept payments that are off by a factor of ten. This is a poor user experience. Admit it, you've already screwed this up with mining fees.
3) mBTC or millibits is not good enough. There's still too many digits after the decimal, and this will only get worse as bitcoin appreciates in value, resulting in the need for yet another migration of units in the future. Bits is as future-proof as we can get.
What can we do about it?
submitted by jmw74 to Bitcoin [link] [comments]

Start quoting prices by .1

The people that I have been talking to lately are very hesitant in buying and using bitcoin. They keep saying it's too expensive to buy now. Even when I tell them they don't need to buy a whole one they are just like "I don't know."
I think if people and brokerages started quoting the price of .1 bitcoin( we should have a name for it, like we do for mbtc and satoshies) when it floats around 1000 for awhile, psychologically the general population and consumer will be able start to wrap their heads around using currencies that use part of a coin.
I think the sooner we start quoting prices and referring to a smaller denomination of bitcoin the general public will accept it easier.
This is just what I think. Since, the biggest problem I've heard lately with people who kinda wanna buy in is that it's too expensive. I think if I can say to them well you can buy a (insert name here) which is a half or a tenth of a bitcoin. They well be more apt to test the waters.
Please comment and tell me what you think.
submitted by jinwoonlee to Bitcoin [link] [comments]

ALL of the arguments to implement SegWit and ALL of the arguments against raising the block size limit in one complete extensive overview!

All of the reasons to NOT raise the block size limit:
1). If the chain history grows too fast, it may price out some users from running Bitcoin nodes because they can't afford the disk space to store this history, and full Bitcoin nodes must keep the entire blockchain history.
All of the reasons to implement SegWit:
1). It makes it possible for Blockstream to control Bitcoin.
source1. source2. source3. source4. source5. souce6
Edit 170822: added source5(SegWit)
Edit 170824: added source6( Bitcoin through the looking-glass )
submitted by ChaosElephant to btc [link] [comments]

Ideas instead of cumbersome mBTC & uBTC technical terms. Is there time to change for the future with a groovier terms.

Ideas instead of cumbersome mBTC & uBTC technical terms. Is there time to change for the future with a groovier terms. submitted by BitcoinOdyssey to Bitcoin [link] [comments]

Bitcoin price seems to be a big barrier to adoption.

This may be purely anecdotal based on my own interactions but it seems like the price of Bitcoin (currently sitting around 700 USD) is preventing a lot of people from using it. When I talk to friends about Bitcoin they almost always want to buy some but once they realize the have to spend 700 to get one coin they are discouraged. I always tell them that they can buy fractions of coins but the psychological impact is still there.
I'm thinking that eventually Bitcoin will be quoted in microBTC, nanoBTC, and satoshis which will make it less daunting to buy. I think a big reason for Dogecoin's popularity is that $100 will buy thousands of Dogecoin.
I think when we finally start seeing a widespread use of smaller units to express BTC price, we will see the price and adoption rate rise rapidly.
submitted by heart_cooks_brain_ to Bitcoin [link] [comments]

Shower thought: how declining volatility is playing out

We are seeing declining volatility play out in front of our eyes.
Going from a market cap of $1 million to $10 million took only a week and alot less money than going from $10 billion to $100 billion which has taken almost 1 year.
In the same respect falling from $10 million to $1 million takes less time and alot less money than falling from $100 billion to $10 billion.
This brings increasing stability with it.
It is obvious to me that we will one day be looking at a bitcoin that moves less (percentage wise) than some big name fiat currencies.
Taking inflation into account, one day we will start seeing bitcoin simply level out and rise by 2% year on year, year after year, due to the dollar declining by 2% year on year (aka 2% inflation target). This means the price of bitcoin rises in-line with the cost of goods and services.
This is how that phenomenon will appear:
2020: one weeks groceries = 5 millibits or $500
2025: one weeks groceries = 5 millibits or $575
(Note: exactly the same groceries, same milk, same bread etc.)
This is when people and businesses will say, "you know what bitcoin is a better way to save my money"
This is the "superior store of value paradigm shift".
In the meantime bitcoin will be first and formost a future technology investment followed by programmable money to be used by software and machines (IOT / AI). Then eventually becoming the monetary fabric of our global society.
This takes time but will happen IMO.
submitted by slvbtc to Bitcoin [link] [comments]

If we call them bits or Satoshies... they should = 100,000,000 Why try to put a decimal where it doesn't exist?

Seriously... a bitcoin should = 100,000,000 satoshies or bits... the name doesn't matter... adding a pretend decimal point where it doesn't belong doesn't make sense. That's my 2 satoshies/bits :-)
submitted by PASSO3058 to Bitcoin [link] [comments]

Let China detach as we did with Gox

Make your own conclusion.
Point of view 1: http://bitcoincharts.com/charts/volumepie/ CNY, 7% ? USD 87% ? edit: this is a % of the volume, not a % of the total money invested
Point of view 2: An other view: https://bitcoinaverage.com/#USD-millibit USD volume: 78%, CNY volume: 13%. edit: same here
https://bitcoinaverage.com/markets.htm#USD-millibit https://bitcoinaverage.com/markets.htm#CNY-millibit
At the moment it seem we are dumping more than them ? Are they really driving the price ? edit: this is not including Huobi & OKCoin volumes.
Link to some other threads: http://www.reddit.com/Bitcoin/comments/23y0bi/if_the_crash_is_driven_by_chinese_exchanges_its/
I'm not trading, but this looking weird to me.
edit As said above I'm not a trading and my understanding in this domain is limited. Please correct me if I'm doing bad.
From my point of view, something isn't logic and sound wrong. I'm not looking into the daily volume because I think it's not revealant enough. 1 person investing $1k, to buy/sell only one time, will generate less volume than 20 persons, investing $25, buying/selling 20 times. But this 1 person invested more money than the 20 others together. So I'm watching into the depth. It seem a lot of peoples think Huobi are faking the data, but let's suppose they don't. I made 2 small graphs (only Bitstamp vs Huobi | $1 = 6.25 CNY): http://imgur.com/X5NWmWu http://imgur.com/pQHr7tw We seem to have more buy power than them on the short term (hard to say on the long term as I can't find the whole Huobi depth). We have to sell more than them to get on the same level ? I just don't understand how they can drive the price so strongly, and why we are falling in this.
edit2 quoting da_unique
Those Chinese also do not run full node wallets or miners, if this source is correct: https://blockchain.info/nodes-globe As long as huobi and the likes fakes their volume, and people keep abusing this fud to earn a quick buck, I guess we will be goxed for the coming 10 years.
submitted by Matteuzs to Bitcoin [link] [comments]

Thoughts on the current state of Bitcoin from someone who participates in much of the ecosystem [and tipping thread ;) ]

Hey guys,
So this is something I've been looking at for a while now, and kind of seeing some things die and other things be born. Some things are getting easier, and other things getting more difficult. I want to take this time to outline the last few months and how my sentiment is reflected towards the market. I have to say, the market generally matches how my "emotions" playout towards the ecosystem as a whole.
I'll outline just a few short things on both the bearish and the bullish sides of my sentiment, even if things don't effect the overall sentiment much (at least according to most traders and people) I'd like to point them out because I view them as notable.
Some of the not so good things that have been happening:
Anyway, in many respects it feels like a lot of the bitcoin ecosystem is dying, and maybe we should all panic, cry, and shit our pants, but a few things haven't been going badly, and in fact, I'm looking optimistic that the next time a surge of new users enters the market for whatever reason, there will be a much more developed and kind ecosystem to take part of. No one is going to be touting the next 5 second confirmation coin, no more of the ubiquitous "investment" opportunities that await the uninitiated.
Other than my love for bitcoin in general, this is what makes me not panic sell, and what keeps me optimistic about the bitcoin future:
Alright guys, thats my sentiment overview, and I hope it wasn't tl;dr for most of you. But one last thing I want to point out in terms of user growth. We need to break out of our comfort zone. We need to help people get into it. That btctipping dude? He has the right idea, except, it does kinda feel like he's promoting his own website? I dunno? Anyway, Changetip some newbies. Just the other day in the reddit lounge I tipped a guy a coffee, and he then said "Man that was evil, now I have to spend the next hour learning all about bitcoin"... who knows, maybe his sentiment that the media helped paint is one shade lighter now just from a a couple millibit tip. You can do that too, and I'm here to help you get started. I've got some millibits to give away, give me some awesome feedback, criticism or build your own thoughts on this thread. I tip you, then you go pay it forward. Lets do this!!!
submitted by googlemaster1 to Bitcoin [link] [comments]

Using Satoshis as the base unit

I'm still reading these endless discussions about "bits" vs "millibits" (or "embits"). I prefer the latter, but for some people the metric system isn't intuitive because they use inches, stones like savages.
Another way forward may be to use satoshis as the base unit. It makes sense because satoshis is already an established unit. It is already used to measure transaction fees. UTXOs are even measured in satoshis on the blockchain itself, not in full Bitcoins (which kind of make them the real bitcoins, really)
However, satoshis are very small. Long term this is a good thing because of Bitcoins deflationary tendency. We won't have to have this discussion again.
But how do we write prices in a readable way?
Using a k-suffix after the number we can omit three zeroes:
3 USD ~ 89k satoshi = 1 coffee
8 USD is ~ 237k satoshi = 1 beer
50 USD is ~ 1481k satoshi = 1 bag of weed
For higher numbers we resort to Bitcoin:
3k USD is ~ 0.88 BTC = 1 months rent in New York
These are still pretty big numbers but as time goes by prices will come go up to reach a better psychological mark.
submitted by maxi_malism to Bitcoin [link] [comments]

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The average value Bitcoin price for convert (or exchange rate) during the day was $11,349.47. Min. Bitcoin value was $11,308.21. Max. BTC price was $11,372.29. BTC price increased by 0.56% between min. and max. value. If you own the currency, you are certainly happy. The Bitcoin dropped by 2.46% on Friday 16th of October 2020 . Let's take a look at interesting data from yesterday. Max. BTC ... MilliBit = 0.001 BTC; MicroBit = 0.000001 BTC; Finney = 0.0000001 BTC; Satoshi = 0.00000001 BTC; We can see that the smallest Bitcoin unit is known as Satoshi. It is known in this way because of Bitcoin’s creator Satoshi Nakamoto. In the future, the community could be so big, and cryptos could expand so much, that it would be worth to use smaller denominations. In the future, each Satoshi ... MicroBitcoin price today is $0.000016 USD with a 24-hour trading volume of $21.40 USD. MicroBitcoin is down 1.03% in the last 24 hours. The current CoinMarketCap ranking is #886, with a market cap of $3,088,264 USD. It has a circulating supply of 188,777,000,000 MBC coins and a max. supply of 210,000,000,000 MBC coins. You can find the top exchanges to trade MicroBitcoin listed on our BTC price was $10,595.95. Min. Bitcoin value was $10,478.19. The average value Bitcoin price for convert (or exchange rate) during the day was $10,554.93. BTC price increased by 1.11% between min. and max. value. Price is rising. Great. Look the list of the most rising crypto-currencies on yesterday; Look more news about BTC ; See the live milliBitradio price. Control the current rate. Convert ... Bitcoin Price. Ethereum Price. Digital Asset Comparisons. Data store. Widgets. Transaction Calc. Documentation. Methodology. API FAQ. Collections. Home. Sign Up. Login. Crypto Markets. Markets. USD Coin (USDC) Groestlcoin (GRS) DigitalNote (XDN) Bitcoin (BTC) ZClassic (ZCL) Verge (XVG) Ethereum (ETH) VeChain (VET) Nexus (NXS) PIVX (PIVX) ReddCoin (RDD) Syscoin (SYS) Neblio (NEBL) Decred (DCR ...

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