Bitcoin Forum

In the near future we will likely be talking about bitcoins using the mBTC valuation for common items.

What should the naming convention be when speaking of milli-bitcoins(hyphen?)?

What about symbol? m฿?

The English Nazi within screams "millies" :P

The correct one would technically be "mill", as that is the proper term for 1/1000 of a currency unit.

Sounds a lot like "million"--e.g. "A cool mil"

That's only true because of inflation. The mill (https://en.wikipedia.org/wiki/Mill_%28currency%29) is still sometimes used in specialized fields, but was once a common unit of exchange.

The answer is here:

http://www.youtube.com/watch?v=7ZFkXi-E9dQ&t=0m26s

There is no ambiguity here, the scientifically correct (latin based) prefixes are:

For one thousandth it is "milli" or "m" for short. as in milliBitcoins or mBTC

For one millionth it is "micro" or "μ" for short. as in microBitcoins or μBTC

As bitcoin is based on cryptographic computation i think we should be scientific.

Back in ancient times, when the USD was more valuable, the convention for talking about 1/1000 of a dollar was referred to as a "mill" and "mills". Since that formation has half the number of syllables as any of the suggestions in this poll that's what I'd expect to be more common.

...except this isn't about prefixes - it's about nouns.

Learn something new every day ;D  I'm starting to dig mills now.

Mills is linguistically correct, and actually still in quite common use (more so than the Wiki article implies) for property - and other - levies.

Besides; who wants to spend their lives dealing in a currency unit that was named after a dead Bush-family dog?  That past is best forgotten.

Well, if polls matter, this was already voted on two years ago:


And the winner is ....

"millibit":
 - http://en.bitcoin.it/wiki/MilliBit

Isn't this the name of a client?

I prefer bitmill or millibitcoin. Millibit means 0.001 bits, which is a unit of information, not currency.

That site mentions that a nickname for the microBitcoin would be "Mickey"...maybe Mickey and Milli will be future children's names based upon Bitcoin. :)

I love the term Mickey.  Now I gotta use it!

None of the frickin' above. For pretty much all of my meager life, the universal decimal system prefix for 10^(-3) has been mili-

Note the single 'l'.

Further, the abbreviation for the prefix has been 'm'. As in mBTC, or mBitcoin.

I think all y'all* oughter get out of the basement from time to time. That there retro cutie MillieBitcoin avatar is having too much effect on your cognitive processes.


* I understand 'all y'all' is Texan for 'y'all'.

vanilli's

Chrome says milimeter is wrong.

So which is it?!

Pardner?!

It's double 'L'.

If I were British I would also tell you to spell the 2nd part as 'metre'

That's what I'm saying ;D

Millies, Millibits, and Woolong

I love "woolongs (http://www.woolong.com/)" (₩).

What's wrong with 0.01BTC = 1 MegaSatoshi?

That sets us up for the move in a few years to kilosatoshis.

millibits rolls off the tounge easiest IMHO.
If you have ever had to convert from Imperial Measurements to the Metric System, as I did in grade 3 (Metric was officially adopted and taught in schools here in Canada when I was in grade 3) you can quickly adapt. It is very simple. I see the division of bitcoin units to be very much "metric money"

There is a reason metric is the standard system for precision engineering.

bitmills abbreviation btm

/end thread...   I wish lol

Me too, that's why I put up that site :)

Another name I like is 'Millicoins'. I've made it the primary name for mBTC on http://btctip.com. I've also made 'centcoins' the primary way to refer to cBTC.

I think we need to try different names until we find one that sticks. My favorite for mBTC at the moment is ₩.

₩???  What the hell is that?

It looks like a Wiccan laundry line.

deci= units of 10 or tenths
centi= units of 100 or hundredths
kili=                 1000 or thousandths
mili                               millionths
bili                                billionts       bi 2
tril                                 trillionths    tri3
 quadra
penti                                                   5
sexti
...
pico
nano

btc'ers who send trilibits could be called trilobytes for being troglodytes...sextibits sounds a little porny to me. I prefer nano bit but doesn't fit the context

how about 10 thousadths= decikils and 100 thousadths = centikils
10 millionths= decimils(duh decimals, probably where the name derives) and 100millionths = centimils

for a few years now a 1000th of a bitcoin has been WIDELY known as a bitmill...

check out the game Dragon's tale (http://www.dragons.tl) which is/was the first fully interactive 3D bitcoin game, used for fun, gambing or simply as a faucet.

^ That's not bad. It uses the convention used in going from 'bitcoin' to 'bitcent', by replacing the latter half and keeping the 'bit'. I like 'millicoin' only because it has the word 'coin' in it.


That's the currency symbol for the Korean Won, and was also used as a symbol for the fictional Woolong currency in Cowboy Bebop. See the link for more information.

lol very funny thread :D

I like m-bits