Post
Topic
Board Bitcoin Discussion
Re: we need to stop using bitcoin and start using...
by
slackcryptoz
on 21/05/2017, 13:56:33 UTC
... satoshi instead (click-bait master)  Cool

today someone came to me saying how he was regretting not listening to me and investing in bitcoin. apparently he checked the price this morning Cheesy
and he continued that now it is too late since he can not buy 1 whole bitcoin.

i had to sit him down and have the "talk" with him about all the 8 more zeros that come after the 1 whole bitcoin and the fact that he can choose (almost) any of them and put a number and buy there.

that is why i think it is time to start using the smaller units for bitcoin more often.

i myself prefer Satoshi over all. but there are a lot of them.

most popular:
mBTC= 0.00100000BTC
uBTC=bits= 0.00000100BTC
satoshi=0.00000001BTC

more here: https://en.bitcoin.it/wiki/Units

Jinx! Someone also talked to me about this, he also want to invest and bitcoin, but he missed the train to a good profit. I said there are a lot of ways to earn bitcoin, but if you are really decided to buy, you can buy smaller units, not all sellers sell 1 bitclin, they also sell bitcoin on mBTC.

1 Bitcoin is now about 2000$ and it is not very easy for every one to buy whole 1 bitcoin. But the good thing is that you can even buy less than a bitcoin as bitcoin can be divided upto 8 Decimal places.
Bitcoin has got very small denomination which you could never see in most of the altcoins. It's good to buy that you can afford. Even now the profit makers were the big whales who have got huge volume of bitcoin into their wallets as well fiat to buy more and more.