How to buy 21,000,000 bitcoin for $21,000

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  • Опубликовано: 22 ноя 2024
  • If you buy 1 bitcoin on an exchange (or buy directly to cold storage using unchained.com), you're not actually buying 1 bitcoin.
    You're buying 100,000,000 bitcoins.
    Values in bitcoin are something called 64-bit integers, where 1 coin is represented within Bitcoin Core, the bitcoin software, as 100,000,000 units.
    Satoshi didn’t suggest we can name these smaller units something else. He suggested we call it bitcoin.
    Similar to a stock split. The smallest unit is still called a share of Apple, Amazon, or another company, but previous shareholders might receive 2 shares for 1, 8 shares for 1 or even more.
    So 1 bitcoin really equals 100,000,000 bitcoins.

Комментарии •

  • @jasperflontes4289
    @jasperflontes4289 Час назад +27

    Instead of buying and keeping, I have an alternative.

    • @jasperflontes4289
      @jasperflontes4289 Час назад

      My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.

    • @jasperflontes4289
      @jasperflontes4289 Час назад

      Making over 48k monthly is all because of her.

    • @ivarlast2966
      @ivarlast2966 Час назад

      I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.

    • @dominicleong4385
      @dominicleong4385 Час назад

      I know Larysa Caba. she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.

    • @militaryorderly5386
      @militaryorderly5386 Час назад

      I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.

  • @ryannickerson1157
    @ryannickerson1157 10 часов назад +10

    They're called Satoshis...

  • @BO-dc4xg
    @BO-dc4xg 8 часов назад +2

    Great explanation! Thank you:)

  • @reasontemple
    @reasontemple 9 часов назад +4

    We call them SATs

  • @Nosequedecir1975
    @Nosequedecir1975 10 часов назад +2

    Thanks from the south of Spain, I like your channel

  • @ChristopherWalkenPUA
    @ChristopherWalkenPUA 6 часов назад +1

    There is no second best.

  • @Raiken333
    @Raiken333 11 часов назад +5

    Dr Evil: 100 millllllllion Bitcoin

  • @Reeveshe
    @Reeveshe 10 часов назад +12

    Hit $200k today, Thanks for the knowledge and nugget you have thrown my way over the last month , started with $14,000 .

    • @Tisayn1t
      @Tisayn1t 10 часов назад

      Wow!!! That's huge how did you make that monthly?

    • @Tisayn1t
      @Tisayn1t 10 часов назад

      Am 50 now and have been looking for a way to be successful, please how.

    • @Reeveshe
      @Reeveshe 10 часов назад

      Am blessed if not I wouldn't have met someone who is as spectacular as expert Mrs Mary Jane............ highly recommend 🙌🙌.

    • @Osteenwarren
      @Osteenwarren 10 часов назад

      I am blessed only God knows how much I praise him, $32 ,500 everyweek ! I now have a good house and can now afford anything and support my family , and never will I forget to pay my tithes because God has been so faithful to me and my family .

    • @Sreywinz5l
      @Sreywinz5l 10 часов назад

      Mrs Mary Jane was my hope during the bear summer last year , I did so many mistakes but also learned so much from it and of course from Mary.

  • @10Flat
    @10Flat 11 часов назад +2

    Thank you.

  • @fairplayer7435
    @fairplayer7435 46 минут назад

    I got discouraged from buying years ago because I thought one had to pay the whole coin at once.

  • @Jindsing
    @Jindsing 2 часа назад

    Now describe lightning network and how 1 sat can be split even further

  • @Id3arium
    @Id3arium Час назад

    how do we actually move the decimal point tho? do all the nodes have to agree to it?

  • @bullynator
    @bullynator 6 часов назад

    Smart!

  • @ExpensivePizza
    @ExpensivePizza 56 минут назад

    I get what you're saying but please don't use the same unit for two different measurements.
    The Bitcoin community has already had this discussion many times and 1 Bitcoin = 100 million satoshis (or sats).
    There have also been other units proposed like the millibitcoin (mBTC) for a one thousandth but those haven't really caught on.

  • @psiphi7736
    @psiphi7736 10 часов назад +2

    1SAT=1SAT

  • @redriderbbgun8018
    @redriderbbgun8018 8 часов назад

    half of a Bitcoin is a 'Demi-Coin'
    ten percent of a Bitcoin is a 'Deci-Coin'

  • @tirevelation777
    @tirevelation777 6 часов назад

    Do you think Bitcoin will continue having 80% crashes as it makes new all time highs?

    • @fairplayer7435
      @fairplayer7435 43 минуты назад

      Do you think winter will precede spring in years to come? Just buy a coat and keep it moving