Quote from: SirChiko on July 13, 2014, 01:36:49 PM

Quote from: dyask on July 13, 2014, 01:18:10 PM

Quote from: SirChiko on July 13, 2014, 01:12:09 PM

Quote from: molecular on July 13, 2014, 11:46:20 AM

Quote from: SirChiko on July 13, 2014, 11:35:33 AM

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

I know, i'm just pointing on that by topic name it seems that mBTC is meant to be microBTC but in reality it's mBTC and uBTC and it just got me confused.

i'm not sure what confuses you. Along with the full prefixes (milli, micro, kilo, etc) each prefix also has a unique 'one-letter' prefix, m for milli (always lower case, because upper case would be Mega) and µ (mu, u can substitude) for micro. Using mBTC or mXBT is perfectly normal. Just like on food they often use kg, mg and µg for weights. (kilogram, milligram and microgram respectively).