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Re:Bitcoin market cap now +$200M as prices keep rising by acomjean on Thursday January 24, 2013 @03:09PM (#5111876)
Are bitcoins Ints or Floats? If so at 19$ per coin the currency can only be used for larger purchases.
Re:Bitcoin market cap now +$200M as prices keep rising by gbaygon on Thursday January 24, 2013 @03:16PM (#5111909)
Bitcoins values are stored in 64-bit integers, with 1 BTC stored as 100,000,000 which gives plenty of room to fractionalize, since it's stored as if it where a double-precision number.
Re:Bitcoin market cap now +$200M as prices keep rising by wmf on Thursday January 24, 2013 @03:16PM (#5111905)
Integers. BTC is only used for display; everything is actually computed in terms of Satoshis (1 BTC = 10^8 Satoshis). Thus very small transactions are possible.
Re:Bitcoin market cap now +$200M as prices keep rising by gigq on Thursday January 24, 2013 @03:15PM (#5111898)
Bitcoin transactions can go down to 0.00000001 BTC. They aren't however stored as floats due to rounding errors this can introduce (https://bitcointalk.org/index.php?topic=13837.0).
Re:Bitcoin market cap now +$200M as prices keep rising by mcantelon on Thursday January 24, 2013 @03:12PM (#5111887)
Floats. You can pay with any fraction of a Bitcoin AFAIK.