Cryptocurrency Q&A
Which is bigger, 1M or 1K?
Which is bigger, 1M or 1K?
Sun Jan 12 2025
|
7 answers
1198
I'm trying to figure out which is larger in size, 1M or 1K. I'm not sure about the difference in magnitude between these two units and would like to know which one represents a higher value.
Previous
How much money did Keith Gill invest in GameStop?
Next
Is nitrobetting a bitcoin sportsbook?
7 answers
Mon Jan 13 2025
The answer lies in the historical and linguistic origins of these abbreviations.
Was this helpful?
57
83
Mon Jan 13 2025
The usage of 'M' to denote million is quite intuitive and widely accepted.
Was this helpful?
198
68
Mon Jan 13 2025
'K' stands for Kilo, derived from the Greek word Khilioi.
Was this helpful?
166
38
Mon Jan 13 2025
In Greek, 'K' is equivalent to 1,000. This is why we see it used in measurements like 1 Kilometer equals 1000 Meters.
Was this helpful?
61
91
Mon Jan 13 2025
However, the choice of 'K' to represent thousand may seem less obvious.
Was this helpful?
156
79
Load 5 more related questions
