Post
Topic
Board Economics
Re: Please stop with mBTC, microBTC, ...!
by
dyask
on 13/07/2014, 13:18:10 UTC
So may anyone explain me...1mBTC= 0.01 btc or 0.001 btc?

0.001 (1/1000th, milli = 1000)

but hey: 1 satoshi = 0.01 bits and 1 million bits is a bitcoin. All you need to know ;-)
Thank you, i will remember it by that mili=1000 it just got me confused as there is also microBTC in name of the topic.

m - milli = 1/1000
u - micro = 1/1,000,000  (one millionth)

These are standard SI terms.  http://en.wikipedia.org/wiki/SI