We need to convert Bitcoins to new units...

[MyBTT]

We need to get the whole block limit issue solved before converting Bitcoin into new units.

[1715015884]

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[Lethn]

It's already been set up, whether or not people want to use other units is up to them, I don't know why there are people still trying to push for this, it makes no sense for the current volume of trade.

[arbitrage]

I'm not for creating any new units!
It is already good system Satoshi and Bitcoin, for all other measurement just use calculator.
 We have responsibility not to complicate things!

[partysaurus]

It took me a while to be easily able to convert satoshis to BTC in my head but I figured out a way for me to remember it and now I have it down pat.

I remember it as "trip zero ten k" in my head, or 3 zeros (000) before 10,000 (10k).

.00010000

That gives me a nice reference point right in the middle and was my "ahaa" moment. eureka..

Now I mostly find myself thinking of BTC as "a million satoshis" = .01, "ten million satoshis" = .1, or "100k sat" = .001

Now I like it this way and its the millibits/bits/bytes that confuses me.. Maybe I'm silly for thinking this way but it works for me..

reading this post helped me alot to figure out how much a satoshi is compared to a btc in a faster way, thanks mate.

[Jet Cash]

So what do we do when SegWit and other improvements turn Bitcoin into the crypto-currency gold standard, and it has had some major appreciations in value (like gold, now and in the not too distant future). Will we then see posts saying - lets have a new name, and the even-newer-bitcoin will be the equivalent of the original ( current ) Bitcoin.

[btcdevil]

I dont think so that we need to convert Bitcoins to new units, it is very simple to calculate the Bitcoins , you have to just remember that the 1 btc is equal to 10 million satoshi, thats it so what ever it comes divide by simple 10 million.

[Glucose]

the best way is to remember them in satoshi directly, so don't say 0.0001 but 10k satoshi, don't say 0.0000035 but 350 satoshi and so on, much easy to remember

Yeah I'm doing the same. And if it becomes higher numbers I reverse the situation :

I'll say 0.1 bitcoin or 0.01 bitcoins and not 10000000 satoshis.

I don't think there is any need for changing bitcoin units: BTC & Satoshis are enough. If you pay a high amount, you refer to bitcoin, if you pay a low amount, you refer to satoshi... That's a all.

And if you really want you can use uBTC and mBTC but I find it confusing

[bitlost]

We can't just change Bitcoin so dramatically. I kind of want that too, but the blocksize limit is more important.

Nothing has to change on a fundamental level, just the output display of wallets and sites. Most of them offer that option already. I do think Satoshi missed a trick there. It would've been far simpler to do it from minute one. Average human psychology isn't programmed for piles of zeroes at the front.

I use my Mycellium wallet in uB, it shows me 100 uB for 0.01 BTC. It makes it pretty intuitive. I belive that as the value grows we can use satoshi units, that would be no problem.

[RealBitcoin]

Paying 0.000001 or 0.000035 is just impossible to remember and use... nobody will use that in the future if we want it mainstream.
I know satoshi exists as smallest unit but they are quite hard to remember.
When someone says 10,000 satoshi I try to think how much is that while 1 BTC is easy to understand.
So maybe we should have new bitcoins to keep the name where 1 new bitcoin = 0.0001 old bitcoins to make it easier to use...
share your thoughts.

no its easy to remember just use it more often.

1/10^8 is 1 satoshi,  1  zero then a comma and 7 zeroes and then a 1.

And work from there, after your eyes get used to it, it will be easy.

[naidray]

When bitcoin gets value appreciations, we will be forced to use the unit "satoshi". Because most least unit will eliminate confusing zeros. Bits (=100 satoshi ) also would be a nice choice.

[Betwrong]

It took me a while to be easily able to convert satoshis to BTC in my head but I figured out a way for me to remember it and now I have it down pat.

I remember it as "trip zero ten k" in my head, or 3 zeros (000) before 10,000 (10k).

.00010000

That gives me a nice reference point right in the middle and was my "ahaa" moment. eureka..

Now I mostly find myself thinking of BTC as "a million satoshis" = .01, "ten million satoshis" = .1, or "100k sat" = .001

Now I like it this way and its the millibits/bits/bytes that confuses me.. Maybe I'm silly for thinking this way but it works for me..

No, you are not silly. Can't call you that because I'm thinking almost the same way. To me Bitocin is 100 million satoshis and everything else goes from this point.

And yes all those millibits/bits/bytes confuse me too. And I don't think we need to invent another unit (or a subunit) for the sake of convenience. Most likely it will be even more confusing.

[busybee7]

we do not need to convert it into any new units as the price is not too big right now and its enough what we actually have now

[The Sceptical Chymist]

the best way is to remember them in satoshi directly, so don't say 0.0001 but 10k satoshi, don't say 0.0000035 but 350 satoshi and so on, much easy to remember

Yeah I'm doing the same. And if it becomes higher numbers I reverse the situation :

I'll say 0.1 bitcoin or 0.01 bitcoins and not 10000000 satoshis.

I don't think there is any need for changing bitcoin units: BTC & Satoshis are enough. If you pay a high amount, you refer to bitcoin, if you pay a low amount, you refer to satoshi... That's a all.

And if you really want you can use uBTC and mBTC but I find it confusing

Thank you, I'm on the same page.  uBTC and mBTC are silly and unnecessary.  Too many units, too much confusion, too much mental conversion required.  It's bitcoin and satoshis for me.

[onepix]

I personally don't see a need for converting to a new unit, we already have Mbtc and Ubtc, also, if you find those units easier to work with and you have a blockchain.info wallet then you can over the display to those units just go to account settings and display and then just change the bitcoin display to Mbtc or Ubtc

[prtty2gal2]

we do not need to convert it into any new units as the price is not too big right now and its enough what we actually have now

Prevention is always better....

Now (when price is not big), micro payments are not clear eg: $0.1 = 0.0002622
With big price, like 1 bitcoin is $10k, $1 = 0.0001 and $0.1 = 0.000001 all payments are going to be messy with more zeros.

I believe now itself we need shift to base unit satoshi as mBTC or uBTC are confusing to most of the peoples.

[MrGodMan]

we do not need to convert it into any new units as the price is not too big right now and its enough what we actually have now

Prevention is always better....

Now (when price is not big), micro payments are not clear eg: $0.1 = 0.0002622
With big price, like 1 bitcoin is $10k, $1 = 0.0001 and $0.1 = 0.000001 all payments are going to be messy with more zeros.

I believe now itself we need shift to base unit satoshi as mBTC or uBTC are confusing to most of the peoples.

if we convert our bitcoins to a new one more units then it will make people confused and lots of time will effect in calculating the amount what he is getting or losing in daily basis those who are regular users.

[Raimonn]

We have the units, we don't need more names, only we need to use them. When you want to buy a car or something expensive you could use bitcoin as unit. If you want to send few dollars to your gambling account you could use mbtc or bits units. In fiat money we have different units, for example we use dollar (1$) or cents (0.01 dollar).

[equator]

the best way is to remember them in satoshi directly, so don't say 0.0001 but 10k satoshi, don't say 0.0000035 but 350 satoshi and so on, much easy to remember

Yeah I'm doing the same. And if it becomes higher numbers I reverse the situation :

I'll say 0.1 bitcoin or 0.01 bitcoins and not 10000000 satoshis.

I don't think there is any need for changing bitcoin units: BTC & Satoshis are enough. If you pay a high amount, you refer to bitcoin, if you pay a low amount, you refer to satoshi... That's a all.

And if you really want you can use uBTC and mBTC but I find it confusing

what you said is very correct, why this users wanted to go for new units for converting bitcoins when the available way of units are very clear, first of all this gambling sites have confused the units marking as uBTC and mBTC, it is really confusing when i saw this and i was always getting problem when converting this units.

Bitcoins and Satoshi is the best way of Units for Bitcoins.

[Hugroll]

i think you're maybe looking for bits as a unit.
1 bit is about the current price divided by 100 in cents. so if the price is 400. 1 bit is 4 cents , thats usually how i remember it

[Jeremycoin]

Use mBTC! I think it's easier to know how much it is and to remember the amount. We don't really need to make a new units, because we already have a lot of it.