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761  Bitcoin / Bitcoin Discussion / Re: Contest to name the 0.0001 BTC unit (0.1 BTC prize!) on: January 03, 2014, 11:16:45 PM
I rather like the idea of grouping Bitcoin units by 10,000 as others have said.

It fits in well with Bitcoin's design of 8 decimal places in total.

Grouping by 4 decimal places makes sense here, because 8 decimal places fits cleanly into two groups of 4.

Japanese culture already uses grouping by 4 decimal places: man, oku, chou, kei.  (Maybe this is why Satoshi chose to divide Bitcoin into 8 decimal places, and not 6 or 9, as a Western designer might have done?)

Chinese culture also groups by 4, and we all know how important China is to Bitcoin.

And, we already have a unit for 10,000 BTC, the Pizza (named after the first successful real-world transaction), so this is a smooth progression of units.

10,000 Satoshi = 1 ?

10,000 ? = 1 BTC

10,000 BTC = 1 Pizza

OK, enough rambling, here are my nominations for the "?" unit:

Nakamoto (goes with Satoshi)

Finney (memorable, and a tribute)

Others have already mentioned these, but I agree with them.

Josh


This is the most insightful answer I've read here.
So if I'm understanding this correctly:

1.00000000 = oku
0.00010000 = man

Edit:

1.00000000 = 1 oku satoshi
0.00010000 = 1 man satoshi (1 man)
0.00000001 = 1 satoshi (1 sat)
762  Bitcoin / Bitcoin Discussion / Re: Contest to name the 0.0001 BTC unit (0.1 BTC prize!) on: January 03, 2014, 11:11:00 PM
Someone should really put up a page or a wiki somewhere with all the denominations known for each digit place:

10,000.00000000 = 1 pizza
1.00000000 = 1 bitcoin
0.01000000 = 1 bitcent/centibit (cBTC?)
0.00100000 = 1 millibitcoin (mBTC)
0.00010000 = 1 finney
0.00000100 = 1 microbitcoin (uBTC)
0.00000001 = 1 satoshi
763  Bitcoin / Bitcoin Discussion / Re: Contest to name the 0.0001 BTC unit (0.1 BTC prize!) on: January 03, 2014, 05:44:03 AM
What about

00.00000001 = 1 satoshi (1 s or 1 sat)
00.00000010 = 10 satoshi (10 s or 10 sat)
00.00000100 = 100 satoshi (100 s or 100 sat)
00.00001000 = 1 kilo-satoshi (1 ks or 1 ksat)
00.00010000 = 10 kilo-satoshi (10 ks or 10 ksat)
00.00100000 = 100 kilo-satoshi (100 ks or 100 ksat)
00.01000000 = 1 mega-satoshi (1 Ms or Msat)
00.10000000 = 10 mega-satoshi (10 Ms or 10 Msat)
01.00000000 = 100 mega-satoshi (100 Ms or 100 Msat)
10.00000000 = 1 giga-satoshi (1 Gs or 1 Gsat)
764  Bitcoin / Bitcoin Discussion / Re: Contest to name the 0.0001 BTC unit (0.1 BTC prize!) on: January 03, 2014, 05:11:44 AM
1.00000000 = 1 bitcoin
0.00010000 = 1 finney
0.00000001 = 1 satoshi
765  Bitcoin / Pools / Re: [440 TH] BitMinter.com [1% PPLNS,Pays TxFees + MergedMining,Stratum,GBT,vardiff] on: January 02, 2014, 10:35:41 PM
POOL DOWN!
766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2013, 03:49:33 AM
Bitstamp bottom: 300 USD.
767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2013, 03:34:40 AM
btcchina, this is crazy.  Shocked
768  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:12:19 AM
Question: why is BTC-e always lagging behind?
15 USD of arbitrage is a lot. You can get FIAT out of BTC-e right?
769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:53:10 AM
Why is Gox "stuck" at 266.90?

There's was a big wall at that price on Gox.

I do not want to sound ignorant but what is the "big wall?"

It was eaten, it does not exist anymore. Sorry.
770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:50:04 AM
Grin

you seem to have recovered your mood Adam

its to bad i sold shouldn't of been playing with triggers

I have some play btc left

and still very bullish!  Cheesy

This implies the price is going to go back at this level again, and you will buy again. Not very smart my friend.
771  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:47:26 AM
As I said, wall just go eaten, now we just measured the force that is propelling the price.
772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:35:59 AM
Can someone say how high the wall was to begin with exactly (from this one seller)?  Didn't catch it.

10k
773  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:35:10 AM
774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:18:59 AM
Wall down to 4.5k, this is the signal. Once this is breached, the only limit is the moon. You heard it here first.
775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:17:16 AM
$281.18 Coinbase

Now why is coinbase much higher than anyone else?

Buying pressure there than anywhere else + low liquidity order book.
776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:12:45 AM
I think this 10k wall was healthy in the end, so we could really measure the strength of the rally.

Dont get ahead of yourself, it still exists LOL

Yes...  there's still a freaking 5k wall.

Nope. Tango down. 4.8k.
777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:02:06 AM
I think this 10k wall was healthy in the end, so we could really measure the strength of the rally.
778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 01:56:44 AM
+81.91
+142.17

Get that wall down artillery!
779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 01:55:37 AM
266.9 wall being attacked, 860.75 BTC bought!
780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 01:17:26 AM
China waking up.

Is there a reason no one wants to sell coins on Stamp?? There's like only 5k coins for sale up to $380. But there's over 20k on Gox.



Once this is solved we can go to the moon. Otherwise no take-off people.
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