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Author Topic: Change default BTC currency display to mBTC  (Read 1269 times)
webr3
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April 01, 2013, 06:05:15 PM
 #1

I think it's reached the point where it would be good to start measuring in mBTC rather than BTC generally, around the web.
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April 01, 2013, 06:19:30 PM
 #2

Bad idea in my opinion. Most people still don't know what bitcoin is, and adding btc vs mbtc just confuses things more for newbies.

Don't jump the gun, let it happen in time.

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Peter Lambert
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April 01, 2013, 07:12:27 PM
 #3

I think it's reached the point where it would be good to start measuring in mBTC rather than BTC generally, around the web.

Sure, go ahead and price things in mB instead of BTC, just be sure that it is obvious which one you are using until everybody picks up on it.

The price of a US dollar is just under 10 mB right now.

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nobbynobbynoob
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April 10, 2013, 12:11:30 PM
 #4

Less than 4 mBTC per USD now!

I just switched my Bitcoin-Qt desktop client to display mBTC by default. Other clients and sites need to offer this as well, if they're not already.

ounce.me already displays BTM prices.

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Aswan
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April 10, 2013, 12:31:07 PM
 #5

I fully agree. I chanced my client as well.
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April 10, 2013, 12:51:08 PM
 #6

The relative value of BTC compared to fiat currencies like USD should not drive the core BTC concepts.
A BTC is a BTC.

I disagree,  the fiat currencies are what the overwhelming majority have,  and those are the next generation of investors.

It needs to be as easy as possible for those individuals to invest in Bitcoin.


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Killdozer
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April 10, 2013, 01:25:37 PM
 #7

Why does this question keep coming up?? Nobody if forcing anybody to use any specific unit. In the client you can usually choose which one to use. The specific bitcoin websites do what they want, there is nobody that can force them to do this. So what is the point of this??? Who and where do you want to change the unit? I for one, and I am assuming most people also, will use whatever units they like, regardless of your opinion about this...

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April 10, 2013, 01:53:46 PM
 #8

keep the exchanges at BTC but if you personally want smaller amounts you, on your own services or excel worksheets are free to move the decimal place of dollar and BTC..

in the future investors will still want the whole BTC valuation.

but retailer places like bitpay can freely do measurements in satoshi's, bitmills, bitcents.

much like the real world with gold. the spot price is measured in ounces. but on the street/retail level its sold in grams/ coins/ ingots values

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April 10, 2013, 02:36:40 PM
 #9

Yes Please!
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April 10, 2013, 02:37:11 PM
 #10

I switched over last Friday. My customers feel that they get more bang for the €uro as they come with EUR 2,000 (the minimum) and receive 8,333 mBTC, instead of BTC8.3  Grin
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