Silk Road forums
Discussion => Newbie discussion => Topic started by: leeland2121 on April 10, 2013, 06:14 am
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I'm brand new to the Silk Road and Bit Coin usage. It seems on mt gox that just one bit coin goes for an average of $220. Is it possible for me to buy half of, or less than a bit coin from gox?
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You can buy any dollar amount in bitcoin, it will just convert to the appropriate value. So, for current rates, if you purchase $110 worth of bitcoins (excusing any fees), it would be .5 BTC.
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Yes you can
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Depends on where you buy, but they will generally have a minimum in real money ($20 for mine), which is way less than half a bit coin. So yes, yes you can :)
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Any dollar amount can be turned to bitcoins, most places have a mininum though
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You can split a bitcoit down to 0.00000001 I believe