Dollars priced in Satoshi's

You calculate the amount of bitcoin you receive in dollars by taking the (cost of your purchase) divided by (the market price) is (the amount of bitcoin you receive).

cost / price = amount
amount * price = cost
cost / amount = price

Satoshis are the smallest divisible unit in a single unit of Bitcoin.

₿0.00000001 = 1 Sat
and
1.00000000 = 100,000,000 Sats.

What looks like you're receiving in gains from bitcoin is actually a result of the devaluation process between the two as a ratio of one another.

Let's say I wanted to know how many Sats I would get today if I used just $1.

$1 / $22,115.55 = ₿0.00004521
₿0.00004521 = 4,521 Sats

You can prove this is true by doing the inverse of the calculation and taking the amount of bitcoin you have to get the dollar value instead.

# the exchange just rounds up to $1 when they do the calculation
₿0.00004521 * $22,115.55 = $0.9998440155 

In order to get one, you would need the original full floating point number where the float represents the amount of Sats.

4.521705315942855e-05 * $22,115.55 = $1

Edits:

• Fix formatting

• Fix spelling errors

• Fix expressions

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.