Bitcoin Forum

What is the proper way to abbreviate the Satoshi?

Bitcoins are BTC
Satoshi are ______?

Thank you.

10 nBTC ?

(Ten nanobitcoins.)

-MarkM-

Hrm, thats kinda wierd that the 1 Satoshi = 10nbtc

makes for awkward math.  

Example,

I want to sell you something for 473 Satoshi... Quick, how many nbtc is that?  How many Dollars is that?



I hereby propose that 1 Satoshi = 1 STH

The current exchange rate as of writing this post is:

2,104,244 STH = $1

Multiplying by 10 is awkward?


Put a zero on the end of it.
4,730 nBTC.  Seems extremely fast and easy, no?


Depends on the exchange rate on that day (You're going to have the same problem if you use "STH").
Assuming an exchange rate of $47.523, you simply multiply the exchange rate by the price and move the decimal place, right?

4,730 nBTC x $47.523 = 224,783.79 move decimal 9 places to the left = $0.00022478379, right?


Or . . .

21,042,440 nBTC = $1

apparently adding a zero and not simplifying 1 satoshi to 1 unit of currency is a bad idea. 

going by the game dragons tales SATS are the abbreviation..
1sat=0.00000001BTC
here is how they work 100,000sats =1BTM(bitmill 0.001BTC)
1000BTM=1BTC

Was someone trying to imply that Satoshi is not a "10" !?!

Well okay, maybe someone is not a "true believer".

But if someone is trying to suggest Satoshi be a "1", shock gasp isn't that more like heresy or something?

:D :D :D

-MarkM-

A satoshi is so tiny that if you abbreviate It, It disapears!

shat

Sati sounds ok, Shi sounds better. But I didn't check the meaning of either in all world languages

The answer is obvious:

Bitcoins are BTC
$atoshi are $

Bitcoins are BTC
Satoshi are SATs

Aye. First we count in bitcoins (BTC). Then in satoshis ($).

STC?

ⓢ    Purposed as a smaller unit of bitcoin. E.g. A hundredth of a bitcoin    CIRCLED LATIN SMALL LETTER S       Alt +24E2

I use ¤ at Free.BTC.pt
I read somewhere that ¤ is the general symbol for currency unit, or something like that, and I liked it

What about just s?

Well there are many, the wiki for submitting for ISO recognition is: https://en.bitcoin.it/wiki/Bitcoin_symbol

The most intuitive answer would be a lower case "s" with a line through it, like ¢ for cent. So basically a smaller dollar sign.

That will be fine as long as one Satoshi is smaller than one dollar...

Satoshi already is proper abbreviation of Satoshi Nakamoto. If smallest current measurement of value called Satoshi needs abbreviation, it does not make sense. It is like asking how to properly abbreviate atoms. Satoshis are infrequently used on price tags so there is no need. When 1$=1 Satoshi then we could borrow the double strike S (dollar sign) and use it. At that price point Satoshis will be used worldwide.

STI?

Oh wait...  :(

STD sounds better! Just imagine some girl camwhore saying "Please give me few STD's!"

This.

STC is the greatest

No, if serious I will choose SAT

_{as a second to STD}

+ S-T-C

i don't even know why people are trying to reinvent the wheel..

again

satoshi's is SAT for short.

its been this way for years, so this thread is meaningless.

Well the wheel hasn't been invented until it is recognized as being invented. Sad but true. lol

There is an ISO section for it in the wiki.

BTC - BTC
mBTC - BTM
satoshi - SAT

But there's no absolute right way or wrong way, is there? The above are neat, however, and used by the game Dragon's Tale.

I used to think of bitcoin almost exclusively in two-decimal fiat style until fairly recently. Online gaming and the relentless rise of the BTC exchange prices has shifted me more and more into BTM, µBTC and satoshi orientation, though. If the price keeps rising exponentially as it has recently, I will probably be changing my default Bitcoin-Qt unit to mBTC sooner than I would've previously envisaged! :)

ETA: PS any bets as to when Mt Gox will start quoting exchange rates per mBTC instead of per full BTC?

What is the proper number of corners and edges for a wheel?

Three? Four? More?

;)

-MarkM-

http://en.wikipedia.org/wiki/Reuleaux_triangle

;)

What about Altcoins? There are also satoshis...

What do you think about:

1 BTC   = 100,000,000 s BTC
1 LTC    = 100,000,000 s LTC
1 DOGE = 100,000,000 s DOGE

Would that be an option?

I've always simply gone with "sats".


I believe the Litecoin equivalent of "satoshi" is "litoshi" or "liteoshi" and the Dogecoin equivalent is "dogetoshi".

Why not make it interesting and just change it a little? 1s@t=0.00000001BTC
Just replace the a with @ and you have something with a different meaning? I hate it when sites use bits and I have to jump to preev.com to do the conversion. Yes I am too lazy to think.

All this ...toshis are not realy handy because of their length.

I just can't see how satoshis can be treated in the near future as are appropriate way to price products.

In the near future? Of course not. In the distant future? Possibly.

If you believe that Bitcoin will one day replace fiat money completely, then it would have a market cap of about $21 trillion. With a price of $1 million per coin, the value of 1 satoshi would be equivalent to 1 cent today and 100 satoshis (or 1 bit) would be the equivalent of 1 dollar. In such a world, a stick of chewing gum might cost you 90 satoshis. A song on iTunes (or whatever its future equivalent is) might cost you 50 satoshis. Even if most products aren't priced using satoshis, you would still have to deal with them when receiving your change at the supermarket, for example.

Oh how I wish I lived in such a world... ;D

0.01 µBTC

or

10 nBTC

Either one is correct. Either one works just fine.  They both very clearly mean 1 satoshi without any ambiguity.  Personally, when spoken, I like the sound of either 10 "nans" or 10 "nanos".