Bitcoin Forum
December 14, 2017, 11:01:29 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: BTC to mBTC in the main client  (Read 4003 times)
VeeMiner
Hero Member
*****
Offline Offline

Activity: 751


bitcoin hodler


View Profile
March 19, 2013, 10:59:50 AM
 #1

Hello everyone,

I know this discussion has been here before, but I think it is an issue that is more pressing then ever now with the new bitcoin prices. I think we should no longer deal in BTC, but in mBTC.

When I tell someone to buy 1 BTC for for example 1000 CZK (Czech fiat currency) it sounds pretty awful. If I told him to buy 1 mBTC for 1 CZK, it does not sound too bad at all.

I propose that we start by showing the amount in our wallets in mBTC. People should get used to the new denomination in bitcoin.

What do you guys think?

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513292489
Hero Member
*
Offline Offline

Posts: 1513292489

View Profile Personal Message (Offline)

Ignore
1513292489
Reply with quote  #2

1513292489
Report to moderator
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2338


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile
March 19, 2013, 11:47:53 AM
 #2

I propose that we start by showing the amount in our wallets in mBTC. People should get used to the new denomination in bitcoin.

What do you guys think?

Well, that is optional for each user now.  Are you suggesting to change the default to mBTC?

VeeMiner
Hero Member
*****
Offline Offline

Activity: 751


bitcoin hodler


View Profile
March 19, 2013, 11:54:47 AM
 #3


Well, that is optional for each user now.  Are you suggesting to change the default to mBTC?

yeah, that would make sense. I'm also thinking we should get into the mBTC mindset when we're talking about bitcoins / explaining them to someone...
gaston909
Sr. Member
****
Offline Offline

Activity: 350



View Profile
March 19, 2013, 03:07:53 PM
 #4

Hello everyone,

I know this discussion has been here before, but I think it is an issue that is more pressing then ever now with the new bitcoin prices. I think we should no longer deal in BTC, but in mBTC.

When I tell someone to buy 1 BTC for for example 1000 CZK (Czech fiat currency) it sounds pretty awful. If I told him to buy 1 mBTC for 1 CZK, it does not sound too bad at all.

I propose that we start by showing the amount in our wallets in mBTC. People should get used to the new denomination in bitcoin.

What do you guys think?



I think generally referring to BTC as uBTC makes a lot of sense in almost every regard.

I will be happy when everyone including twitter price tickers adopt this form of pricing, someone clever.. make it happen.
grau
Hero Member
*****
Offline Offline

Activity: 836


bits of proof


View Profile WWW
March 20, 2013, 01:48:27 PM
 #5

I know this discussion has been here before, but I think it is an issue that is more pressing then ever now with the new bitcoin prices. I think we should no longer deal in BTC, but in mBTC.

A notable initiative is to reserve an ISO code (like EUR, USD) for Bitcoin. BTC is apparently taken, but introducing XBT as a unit equal to 100 Satoshis seem to find support,
especially since it allows representation of Bitcoin in legacy financial systems (accounting, book keeping etc that can only deal with 1/100 precision of a currency)

See vote and reasoning and discussion in:

https://bitcointalk.org/index.php?topic=149150.msg1630511
https://bitcointalk.org/index.php?topic=149150.msg1630511#msg1630511

I think mBTC and uBTC are rather engineer type solutions, alien to mainstream user whereas the XBT would foster adoption and open Bitcoin to legacy systems.
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 756


Annuit cœptis humanae libertas


View Profile WWW
March 26, 2013, 11:38:21 PM
 #6

I've been thinking it's high time other clients than Bitcoin-Qt allow mBTC/µBTC/satoshi display options. I actually want my Bitcoin for Android app to show amounts in mBTC rather than full BTC. Maybe the same goes for blockchain.info now too.

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
Dr.Steve
Jr. Member
*
Offline Offline

Activity: 53


My invisible friend can beat your invisible friend


View Profile
March 27, 2013, 04:01:42 AM
 #7

I think a BitCent (1/100) option makes even more cents.  Wink
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!