Bitcointalk user "Loaded" signs a message from an address with 40,000 BTC asking Roger Ver for a 1:1 trade of up to 130k BTU for BTC.Each bitcoin (BTC) is divisible to the 8th decimal place, so each BTC can be split into 100,000,000 units.Each unit of bitcoin, or 0.00000001 bitcoin, is called a satoshi.A Satoshi is the smallest unit of Bitcoin.There are 100,000,000 satoshi in a BTC.Satoshi to Bitcoin is a Bitcoin converter/calculator.Right now, we offer two converters: Satoshi to BTC and BTC to Satoshi.Buy bitcoins online in Sweden Seller Payment method Show more… Sell bitcoins online in Sweden Buyer Payment method Show more… Buy and Sell Bitcoins in these popular cities in Sweden City Trading AmountBitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs.On Thursday, bitcoin hit an all-time high of $2791.70, according to CoinDesk data, marking a 180 percent rally year-to-date.

Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back.Bitcoin was as little as $9 off of that price on Thursday morning.Nicola Duke, an analyst at analysis platform Forex Analytix, uses a form of technical analysis known as Fibonacci retracement, which looks at the peaks and troughs of previous "waves" or rallies and falls in bitcoin to get a sense of where the future price of an asset could move.In "wave two" of bitcoin which began in the fall of 2013 and bottomed in January 2015, the price of the cryptocurrency rallied sharply for several months before seeing a steady decline.

Following January 2015, the asset began to rally again.Currently, the bitcoin world is in "wave three" and according to Duke's analysis, $2,800 could be the level at which bitcoin begins its fall.litecoin easy minerThe price is likely to hit $1,780, but could even fall as far as $1,470, Duke told CNBC.best bitcoin mining pool 2012This would mark a 46.5 percent decline from Thursday's high.cnn bitcoin episodeAccording to Fibonacci analysis, the way bull markets typically work is that you'll have a pullback that stops when it retraces a key percentage of a previous move higher—these key percentages all come from so-called Fibonacci ratios.bitcoin shop kursOne of those ratios is 61.8 percent.opencl sdk bitcoin

So she expects this particular wave, known as the fourth wave, to last 61.8 percent of how long wave two lasted, which means the rally after the correction would start in January.ethereum annual report"We will see the bottom in start of January, that is when stock markets typically tend to have a correction as well," Duke said.But after that, there should be a sustained rally to $3,350 and then $4,480 in 2018, Duke said.So while the long-term prospect of bitcoin seems to be positive, in the near-term, traders could see a pull-back.However, not all agree with Duke's forecast.Bitcoin to hit $6,000?A number of reasons have pushed bitcoin to record highs, such as legalization of the currency in Japan for payments, boosted interest from Korea, as well as the conclusion of a debate about the future of the cryptocurrency.Fifty-six companies around the world and 83 percent of bitcoin miners supported the "Bitcoin Scaling Agreement," according to the Digital Currency Group.

The document lays out an upgrade that should increase bitcoin's transaction capacity.Because of these factors, Aurelien Menant, CEO of Gatecoin, a regulated crytocurrency exchange, said bitcoin could hit $6,000, revising a forecast from earlier in the year of $3,000."There is a lot of fresh liquidity flowing into bitcoin, thanks to a surge in interest among investors in Asia, notably Japan and Korea, coupled with a resolution to the scaling debate.I would not be surprised to see the bitcoin price doubling again to around $6000 by the end of the year," Menant said.Below is the cumulative depth chart.Moving your mouse over it will give you more information.The value axis for the cumulative depth chart is on the left, enumerated in [].About these bars going up and down (if there are any at the moment).They show market depth changes over the last 10 minutes.The value axis for them is on the right [].Bars on the left of the current price are bid offer changes, and on the right ask offer changes.

So if somebody is adding a bid offer, you will see a green bar up on the left.About colors: if bids are added they are in green, and when removed they are in red.For asks it's the opposite.That's because when somebody is adding an ask, it makes it harder for the price to go up (red).If somebody is removing an ask it's easier for the price to go up (green).Investors who made bullish bets in bitcoin near its nascence may be getting the last laugh, as the digital currency, which has drawn skeptics, has raced to repeated records in recent trade.The value of one bitcoin BTCUSD, +0.33% shot to nearly 2,200 for the first time on Monday.Trading at 2,195,81: /RGnlVZOw0M— CoinDesk (@coindesk) May 22, 2017 The unmitigated ascent for bitcoin comes as virtual currencies broadly have been gaining more prominence, putting them on a tear since last year, with cryptocurrency bulls pointing out stratospheric climb for bitcoin, compared with other traditional investments.One “regret” chart sent around on Monday by Jeroen Blokland, portfolio manager on the Robeco Global Allocation team, shows how a $1,000 investment in bitcoin in July 2010 would be worth more than $35 million.

Comparatively, the equivalent investment in the S&P 500 would be around $2,500 (excluding dividends): Monday's 'regret' chart!/W9eQIX4yfg— jeroen blokland (@jsblokland) May 22, 2017 While the S&P 500 index SPX, +0.16% has eased about 0.1% so far in May, essentially going nowhere, one bitcoin is about 61% higher for the month, climbing from around $1,344 at the start of the month to Monday’s fresh record.Those gains have in part been driven by upbeat regulatory moves, and the Securities and Exchange Commission’s decision to rethink its rejection of the proposed Winklevoss Bitcoin Trust exchange-traded fund.As well, given the political tension in the U.S., some investors have sought out alternative investments, and bitcoin was tracking gains for gold GCM7, +0.69% until the virtual currency started sprinting ahead of the more traditional haven commodity this month: Gold vs.bitcoin Of course, comparing the S&P 500 (or even gold) with bitcoin is a bit of apples-and-oranges comparison, and there are plenty of caveats.

Chris Dannen, founder of New York-based cryptoasset fund Iterative Instinct, said earlier this month that some of the recent run-up could have been caused by a handful of wealthy traders, awash in crytocurrency and moving prices to their advantage.Manfred Hubner, chief executive officer at Sentix.de, which provides a weekly capital market survey on hundreds of different indexes, said there has been a systematic increase in interest the bitcoin market since 2014, but noted a change in expectations recently, which could trigger those prices to correct, or move lower.In a note on Sentix’s website, Hubner likened bitcoin to the Dutch tulip bubble of the 17th century (it isn’t the first time such a comparison has been made), as well as a Ponzi -like scheme.He said investors should be cautious as bad things tend to happen to those who get in late on what he described as a “speculative bubble.” There are some pretty “heady valuations” out there at the moment, when it comes to bitcoin, Charles Hayter, chief executive officer and founder of Cryptocompare, said in a Monday note.