No one can dictate what all the exchanges and wallet software providers will do, so a variety of approaches will be tried.

This brings risk when a user accustomed to a particular decimal point location switches to another client.  A user in the habit of typing "100" for 0.1 BTC may accidentally overspend by a factor of 1000.

So we should advocate software that provides customizable transaction/fee size limits and warnings, regardless of whether there is a choice of btc/mBTC/uBTC preference.

We need warnings such as:  "You are asking to send 270 BITCOINS but you have requested alerts for payments over 2 BTC.  Previous payments to this payee have not exceeded .5 BTC (500 mBTC)."

And:  "You have not included any decimal point in the amount of this transaction.  Do you really intend to send 527 BITCOINS?"

And enforced limits such as:  "You have specified a 0.5 BITCOIN FEE for this transaction.  Your maximum fee setting of 0.5 millibits currently prohibits this."


(To limit such risks, one should of course keep higher balances separate in cold wallets.)

R
RealSolid had his wisdom tooth out.

BTW, this was just posted on IRC@#mcxnow:

[02:31] <woogy> You guys want to know RealSolid's real name?
[02:32] <sKyZ> Will his real name help me get back the money I spent on mcxfees?
[02:34] == CANNYGEEZER [5ac811f8@gateway/web/freenode/ip.90.200.17.248] has joined #mcxnow
[02:34] <woogy> well you can chase him and his brother down
[02:34] == CANNYGEEZER [5ac811f8@gateway/web/freenode/ip.90.200.17.248] has quit [Client Quit]
[02:35] == CANNYGEEZER [5ac811f8@gateway/web/freenode/ip.90.200.17.248] has joined #mcxnow
[02:35] <sKyZ> Yeah... I don't want to go to jail.
[02:35] == acejudas [~ace@2605:6000:6080:8a00:91f9:6f34:8598:36a8] has joined #mcxnow
[02:36] == CANNYGEEZER [5ac811f8@gateway/web/freenode/ip.90.200.17.248] has left #mcxnow []
[02:36] <woogy> it'll also help you with filing a complaint with law enforcement or whatever agency handles securities fraud in australia
[02:36] <woogy> So you want the name or not?
[02:36] <woogy> Hell I'll eve give you a link to a video of the little fucker
[02:37] <sKyZ> sure, post it up on pastebin
[02:37] <woogy> no need - Ken Armitt (has brother Colin). http://www.youtube.com/watch?v=sOY7LmwLAEM
[02:37] <woogy> live in new south wales Australia
[02:38] <woogy> here's his linked in: http://www.linkedin.com/pub/ken-armitt/4a/618/990
[02:39] <woogy> little fucker used to be part of crytoxchange before they pulled a runner in nov 2012
[02:41] <woogy> another video: http://www.abc.net.au/7.30/content/2013/s3732468.htm
[02:41] <woogy> initial commit from solidcoin before the account "Ken" was renamed to "RealSolid"
[02:41] <woogy> commit 81bfed8dd0a194352d75f98eb698f0c0cdd6e979 Author: Ken <solidcoin@rocketmail.com> Date:   Fri Aug 26 13:16:52 2011 +1000      first commit

I didn't receive the TAGcoins. How come? I'm post #128 in this topic to see stats.

TAG address in my signature.

Thanks in advance for looking into it!