Post
Topic
Board Beginners & Help
Re: How do you deal with USD to bitcoin conversions?
by
craZyLovE0916
on 22/07/2017, 00:07:51 UTC
I'd like to ask you all another newb question, with regards to quickly being able to do the math on bitcoin price. Specifically, when you're on the exchange and you're wanting to buy/sell. I'm used to everything being priced in U.S dollars, so I'm having something of a hard time figuring out exactly how much I'm buying. Since the exchanges only deal in the price of bitcoin, and won't tell you how much you're paying in USD.

 
When I go to buy something and I see a price like "0.00000380 BTC" I have a hard time figuring out how much USD I'll be spending to buy x amount of that coin. How do you deal with this? Especially with the constant flux of the price of bitcoin.

 
I found this site, but it won't show you tenths of a cent. It only goes down to $0.01. Is there another site out there which you can do quick conversions of bitcoins to dollars, even if the amount is less than 1 penny?


http://www.coindesk.com/calculator/

Maybe this website would be helpful, http://www.btcsatoshi.com

It is powered by CoinDesk. It will show you the value in Satoshi even down to hundredth of a cent, right now $0.0001 = 4 Satoshis

Couple of similar sites:

http://satoshitobitcoin.co/satoshi-to-usd/

https://99bitcoins.com/satoshi-usd-converter/

This website http://www.btcsatoshi.com/ is brilla. I love how it gives you not just the conversion but the $1- satoshi conversion too which helps alot. Thanks for the share. Very helpful.

I have been of the opinion for a while now that we should start using satoshis as the main unit of payment. Currently, $1 US is equal to approximately 35,000 satoshis. Why not just use this instead of millibitcoins? I get confused when sites ask for payment in millibitcoins. It would be a lot simpler if they just said "send 500,000 satoshis".