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BTC 🚀🚀🚀 💨💨 💨 USD124K✅ Next stop, USD250K, 🌈🌝
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SUSlurkingaround
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Mar 4 2021, 06:51 PM
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QUOTE(lurkingaround @ Mar 4 2021 @ 01:31 PM) . HODL until 1 BTC = US$200k.? Don't be too greedy and gullible.? Elon Musk's rocket just exploded and dropped back down to earth. . QUOTE(icehart85 @ Mar 4 2021, 06:22 PM) Law of supply and demand. Supply is limited to 21 million btc coins, which is much less than gold supply It doesnt take a rocket scientist to figure this out  . Afaik, there is theoretically no limit to the supply of sub-units of a Bitcoin, eg when 1 BTC = US$1billion, a sub-unit smaller than 1 satoshi will be needed. The answer below in 2014 was when 1 BTC = <US$500 = no need to sub-divide 1 satoshi. ....... https://bitcoin.stackexchange.com/questions...itely-divisible - how-is-bitcoin-infinitely-divisible - 2014 "If there is a need for them, additional decimal places can be added with concensus of the network. This is why some refer to "infinite" divisibility, because we can select the level that we need as time goes on.
The current level selected in the code (by Satoshi) is 8 decimal places (1 satoshi = 0.00000001 BTC) hence the nickname for the smallest unit currently possible for bitcoin today.
As a thought exercise, if a consensus of the network (miners, but also clients and server applications for compatibility reasons) decides to update to a version of the protocol that includes 16 decimal places inspired by your post, we could end up with a new base unit (1 satoshi = 100,000,000 gracchi) as well as nanobitcoins (nBTC), picobitcoins (pBTC), and even femtobitcoins (fBTC, 10 gracchi)
I have trouble imagining the need for such a thing, unless destroying bitcoin becomes a prevalent method of use. If it is needed the potential is there and will never dilute your held bitcoins, which actually makes it a problem some would love to see the need to solve.
answered Jan 4 '14 at 1:48 CoinEnablers " . This post has been edited by lurkingaround: Mar 4 2021, 06:53 PM
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SUSkeluarpattern
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Mar 4 2021, 06:57 PM
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QUOTE(Syie9^_^ @ Mar 4 2021, 06:30 PM) You buy already OR not?  Inb4 find marxxx and SSS it oh wai
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SUSkeluarpattern
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Mar 4 2021, 06:58 PM
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QUOTE(Supreme1394 @ Mar 4 2021, 06:39 PM) Meanwhile, im just eating popcorn. Sigh btc, go up also dun wan, go down also dun wan. Future trading is there
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Ickythump
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Mar 5 2021, 09:07 AM
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price drop will senyap je ?
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TruthHurts
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Mar 5 2021, 09:35 AM
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DROP DROP DROP !!! BITCOIN TO ZEROOOOOOOOoooooooo !!!
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TSSyie9^_^
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Mar 5 2021, 11:19 AM
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Buy time coming soon
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TSSyie9^_^
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Mar 5 2021, 11:20 AM
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QUOTE(Ickythump @ Mar 5 2021, 10:37 AM) price drop will senyap je ? Senyap because buying
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SUSdarkness_kering
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Mar 5 2021, 11:22 AM
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New Member
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Drop more LTC.. Back to RM600..
Wanna buy dip
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blmse92
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Mar 5 2021, 11:33 AM
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42-43k range it never reach. It went back up at 47k. oh well
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SUSkeluarpattern
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Mar 5 2021, 11:38 AM
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QUOTE(Syie9^_^ @ Mar 5 2021, 11:19 AM) Buy time coming soon  Ada to d moon?
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haturaya
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Mar 5 2021, 11:39 AM
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Look at all my stars!!
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QUOTE(Supreme1394 @ Mar 4 2021, 06:39 PM) Meanwhile, im just eating popcorn. Sigh btc, go up also dun wan, go down also dun wan. Just wait. Do something else...
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Ickythump
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Mar 5 2021, 11:46 AM
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all in LTC
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Doomsday
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Mar 5 2021, 11:52 AM
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QUOTE(Ickythump @ Mar 5 2021, 11:46 AM) all in BTC SV!!!
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whyamiblack
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Mar 5 2021, 01:07 PM
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Getting Started

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Wtfish
Tx fee from Binance is 0.008 for eth, increased from 0.005. I checked luno 0.005 increased from 0.003. Just couple days ago transferred from wallet to luno only 0.001. 60% increase for fucks? Does anyone know if there is a way to adjust tx fee for binance like external wallet?
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TruthHurts
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Mar 5 2021, 01:14 PM
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So volatile .. You can cover the fees anyway if you play big cash.
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TSSyie9^_^
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Mar 5 2021, 01:31 PM
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QUOTE(TruthHurts @ Mar 5 2021, 02:44 PM) So volatile .. You can cover the fees anyway if you play big cash. i`m still waiting you to BUY.
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whyamiblack
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Mar 5 2021, 01:41 PM
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Getting Started

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QUOTE(TruthHurts @ Mar 5 2021, 01:14 PM) So volatile .. You can cover the fees anyway if you play big cash. If you're trading, sure but not if you're accumulating. This means that at 0.1 eth, we're paying a whopping 5-8% just to transfer. You'd have to accumulate at least 10 eth imo for the current fee to be worth it. If using Luno I wouldn't mind but I don't trust Binance.
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SUSAllnGap
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Mar 5 2021, 01:42 PM
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QUOTE(whyamiblack @ Mar 5 2021, 01:41 PM) If you're trading, sure but not if you're accumulating. This means that at 0.1 eth, we're paying a whopping 5-8% just to transfer. You'd have to accumulate at least 10 eth imo for the current fee to be worth it. If using Luno I wouldn't mind but I don't trust Binance. i paid RM 138 in eth fees (LUNO) when i transferred 0.8eth to other wallet sakitttttt
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whyamiblack
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Mar 5 2021, 01:45 PM
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Getting Started

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QUOTE(AllnGap @ Mar 5 2021, 01:42 PM) i paid RM 138 in eth fees (LUNO) when i transferred 0.8eth to other wallet sakitttttt You try transfer with Binance  I don't geddit, exchanges cannot implement adjustable tx fee like external wallets? If they're profiting from it, they can still apply some spreads. It's a win-win.
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SUSAllnGap
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Mar 5 2021, 01:46 PM
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QUOTE(whyamiblack @ Mar 5 2021, 01:45 PM) You try transfer with Binance  I don't geddit, exchanges cannot implement adjustable tx fee like external wallets? If they're profiting from it, they can still apply some spreads. It's a win-win. lazy to whitelist address
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