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81  Other / Beginners & Help / Re: starting from scratch on: April 05, 2013, 02:03:39 AM
No, thats what you need to do someting. You need some kind of authority to tell you what to do i bet. Doesent mean other people cant spot problems and solutions without some percived authority like a popular youtube video or celebrity telling them they are
82  Other / Beginners & Help / Re: starting from scratch on: April 05, 2013, 01:39:57 AM
what a retard, hes just going to wait? how about getting a little involved, being a little more constructive or just shutting the fuck up? how does he know what client i use, wether it is even capable of those denominations? ....
83  Other / Beginners & Help / Re: starting from scratch on: April 05, 2013, 12:32:49 AM
Ok but how did america agree on inches? It had to start some place. If for example one mining pool adopted a different practice, the rest of the market would follow soon enough, providing the practice was good enough. So saying its not gonna happen because everyone has to agree at the same time.... that is a fallacy.
84  Other / Beginners & Help / starting from scratch on: April 05, 2013, 12:17:02 AM
hello,

whenever i handle bitcoins it just doesent feel right. when i see my balance it just doesent feel right. 0,53434734 on my phone and now 10,9999995 on my secured wallet. 10,999995 because i didnt know the transaction fee was taken after the amount you send (but it makes sense so thats all well and good) but now i have an ugly number there as well. what i really wanted was to have precicley 11. Anyway, i was wondering if it was possible to change the denominations to make them more user friendly, if not look better or have a better feel.

it seems there is a maximum of 2,099,999,997,690,000 (just over 2 quadrillion) atomic units of bitcoin. The way we represent the smallest unit today is with 0.00000001. and i think thats a little awkward. Why not have the smallest unit be 1, and then the larger units be several of those. For sake of simplicity im gonna call the smallest unit bitcoin. So 1 BTC would be 100,000,000 bitcoin. Please correct me if wrong, but in this case what i had in my wallet would be the equivalent of 1,099,999,500 bitcoin. That is basically as simple a represenation we can get. But having a balance of 1,099,999,500 seems just as crazy as having a balance of 10,999995, although it has a better feel. However it becomes a nightmare trying to price anything in bitcoin if it there werent simpler denominations. Imagine coffée costing 100.000 bitcoin. Anyway the early developers of computers etc. had a similar problem. As the size of their files increased so did the length of numbers to display the size so they invented kilobyte, megabyte, gigabyte and so on. And i think bitcoin can draw some inspiration from that:)

But first, even tho bitcoin is a competitor to fiat. I mean, most bitcoiners dont really like fiat, but we can still learn from it. Most modern fiat currencies are built up in hundreds. Or their denominations are in hundreds. For example 100 cent to a dollar, 100 pennies to a pound, 100 cent to a euro. This is pretty neat, because it makes it easy to understand and compare a price while still giving sufficient scalability for the seller etc.

Moving on. So i think bitcoin should try to imitate this. Bitcoin denominations should be by the 100's, but since the numbers are so big atm. 1 denomination is not enough. So back to the programmers and the file size problem... Lets call the smallest amount of bitcoin, bitcoin. Then when you 100 of those, you would have a kilobitcoin. (i know in the file size world you would need ~1000, but thats too much for a currency, imagine if you bought something and it cost 1 dollar and 993 cent...) 1 bitcoin is 1 bitcoin, 100 bitcoin is 100 bitcoin OR 1kilobitcoin. 100 kilobitcoin would be 1 megabitcoin, 100 megabitcoin would be 1 gigabitcoin so on so forth. I dont know what you think about this? Im pretty sure it would be possible, for all that is required is to change the way software displays the amounts to the end user while still adhering to the "proper" methods underneath (the 0,00000343 one etc.).
85  Other / Beginners & Help / Re: is it possible to change the denominations? on: April 04, 2013, 11:31:55 AM
It might already be there, but I kind of agree 1 Satoshi should be the default. That gives the illusion of more growing opportunity.

Also it feels wierd because we are actually working toward the satoshi not away from it atm. This is awkward imo. I think the current BTC should be called a satoshi, then we would be working away from it due to the currencys deflationary nature, and the satoshi would slowly become a legend as its suppose to imo. "The satoshi was the denomiation we used on the exchanges when bitcoin began and it is the equivalent of 100,000,000 bitcoin" child "wow? single persons could have 100,000,000 bitcoin!?" adult/father "Yes, some people even had several." child "several hundred million bitcoin wow!"
86  Other / Beginners & Help / Re: is it possible to change the denominations? on: April 04, 2013, 11:26:33 AM
i understand. but atm. we are calling 1 satoshi 0,0000001 BTC, but it should be the other way around imo.... 1 BTC should be 100.000.000 Satoshi. And then taken a step further, the smallest amount should not be called satoshi, but rather Bitcoin. I think it makes more sense. To be honest i think places can even adopt this system today if they wanted. It would just be a matter of how they display the denomination. I bet the first mining pool to adopt a system that doesent display "0,00002323 BTC" mined today but rather "2323 Bc" or a similar system will become the more popular, because it just doesent feel as rewarding getting 0,000034 of somthing than it does getting 34 of something.... even tho the two numbers represents exactly the same value
87  Other / Beginners & Help / is it possible to change the denominations? on: April 04, 2013, 11:08:33 AM
hello,

is it possible to change the denominations so they have a better feel?

atm we have 1 bitcoin, and then we work the way down, getting odd numbers with decimal places which just feels wrong and looks awkard.

1 BTC        = BitCoin = 100,000,000 Satoshis
0.01 BTC     = 1 cB or 1 cBTC (bitcent)
0.001 BTC    = 1 mB or 1 mBTC (bitmill)
0.000001 BTC = 1 μB or 1 μBTC (mike)
0.00000001 BTC = Satoshi

Its something i copy pasted from another thread, but thats how the standard more or less is today, but is it possible to agree on some changes so it becomes

1 BTC = 100,000,000 Bitcoin
1 Bitcoin = The smallest atomic amount

Then we actually work our way UP from there. For example atm. i have 11 bitcoin. Thats in reality 1.100.000.000 Satoshis. Id prefer if the smallest amount was called Bitcoin instead of satoshis. Then we can call the currect Bitcoin or BTC a satoshi. It will ultimately become very valuable if bitcoin becomes successful, and thus its a greater honor. It wont be used as much. 1 BTC would probably eventually have the equivalent value of a goldbar, so i think it makes sense to call the current BTC Satoshi. If we called the smallest atomic amount possible then or rather the minimum amount you could send BITCOIN, then the system becomes more transparent and pricing easier. We could then let the market decide on proper denominations. For example 1 Kilobitcoin(kBc), would be 1000 of the smallest atomic amount. One Megabitcoin (mBc) would be 1 million of the smallest atomic amount. in fact in this system what we call a BTC today would be 100 kBc. I personally feel these kinds of denominations makes having bitcoin and mining it much more rewarding, because having 0,03435 bitcoin feels awkward, and mining 0,004343 bitcoin also feels awkward so on so forth. of course changing the denominations or names wont impact the actual value underlying but the currency itself would just have a better feel imo, which ultimately adds to its strength.
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