Bitcoin Forum
November 23, 2017, 02:16:52 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: $100 per BTC reached, lets start using mBTC as default unit.  (Read 3580 times)
rme
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 01, 2013, 07:52:03 PM
 #1

1BTC = $100
1mBTC = $0.10

PROS
- Marketing: People like to buy more 2000 mBTC than 2BTC for $200
- Decimals in small amounts: Buy a coke, only 0.001 BTC vs 1mBTC

CONS
- ...

Discuss
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511403412
Hero Member
*
Offline Offline

Posts: 1511403412

View Profile Personal Message (Offline)

Ignore
1511403412
Reply with quote  #2

1511403412
Report to moderator
christop
Member
**
Offline Offline

Activity: 84



View Profile
April 01, 2013, 07:57:10 PM
 #2

CONS:
Verizon. They'll insist that 0.002 BTC = 0.002 mBTC. Grin

Tips are always welcome: 17Z63hLi2ox4fCMhDqVJrLTJiXVcBMJpMo
Alpaca socks donations: 1sockzDWcF8mrC59CgiN7HAJm6xL7TiRW
Bytas
Sr. Member
****
Offline Offline

Activity: 323



View Profile
April 01, 2013, 08:57:41 PM
 #3

isn't the $1000 cap a more logical cap to start using mBTC?
Since 1mBTC is 1:1000th of a bitcoin and all that.

Just sayin' Tongue
dyseac
Member
**
Offline Offline

Activity: 91



View Profile
April 01, 2013, 08:59:27 PM
 #4

isn't the $1000 cap a more logical cap to start using mBTC?
Since 1mBTC is 1:1000th of a bitcoin and all that.

Just sayin' Tongue

i concur...
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 756


Annuit cœptis humanae libertas


View Profile WWW
April 01, 2013, 09:01:31 PM
 #5

I'll be switching my client to mBTC default when it "feels right". I'm not sure when that will be but probably a settled/rising price of at least $150 per BTC, tending toward $250+.

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)
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
April 01, 2013, 09:41:11 PM
 #6

I think using mBTC would be useful as well.

more or less retired.
christop
Member
**
Offline Offline

Activity: 84



View Profile
April 01, 2013, 09:45:19 PM
 #7

How about while USD/BTC is between 31.62 and 31622.78 we use mBTC? Then between 31622.78 and 31622776.60 we use uBTC. That seems the most logical to me.

Note: sqrt(1000) = 31.622776601..., so 31.62 = 1000/sqrt(1000), 31622.78 = 1000*sqrt(1000) = 1000000/sqrt(1000), and 31622776.60 = 1000000*sqrt(1000)

Tips are always welcome: 17Z63hLi2ox4fCMhDqVJrLTJiXVcBMJpMo
Alpaca socks donations: 1sockzDWcF8mrC59CgiN7HAJm6xL7TiRW
FreshJR
Member
**
Offline Offline

Activity: 65



View Profile
April 01, 2013, 09:59:46 PM
 #8

delete me -- I read the OP wrong
solomon
Full Member
***
Offline Offline

Activity: 120



View Profile
April 01, 2013, 11:17:37 PM
 #9

$1 = 10 BTM

bitcoin price ticker | bits.so
SgtSpike
Legendary
*
Offline Offline

Activity: 1358



View Profile
April 01, 2013, 11:20:32 PM
 #10

If you want to sell other people BTC, then give your price in mBTC.  If you want to sell goods in exchange for BTC, price them in BTC.

To someone buying BTC, getting 1,000 mBTC sounds better than getting 1 BTC.  To someone buying a laptop, spending 5 BTC sounds a lot better than spending 5,000 mBTC.

TL;DR:  Do whatever you want.
christop
Member
**
Offline Offline

Activity: 84



View Profile
April 01, 2013, 11:22:37 PM
 #11

$1 = 10 BTM
BTM is an abbreviation for "bitmill" which just needs to die. You don't say "that bug is 5 metermills long", or do you?

Tips are always welcome: 17Z63hLi2ox4fCMhDqVJrLTJiXVcBMJpMo
Alpaca socks donations: 1sockzDWcF8mrC59CgiN7HAJm6xL7TiRW
Fiyasko
Legendary
*
Offline Offline

Activity: 1428


Okey Dokey Lokey


View Profile
April 01, 2013, 11:28:44 PM
 #12

No, Wait untill it is $1,000, then it will be Much more normal to the mind.

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
b¡tco¡n
Member
**
Offline Offline

Activity: 84

Correct Horse Battery Staple


View Profile
April 01, 2013, 11:35:27 PM
 #13

Let's be bullish and move straight to satoshi as the unit.  Grin



1GiB1jQnqjwmNW4U4i8autnnVb1fG8HTYM

This would be my avitar; http://s9.postimg.org/m2pzsiy57/avi.png
Elwar
Legendary
*
Offline Offline

Activity: 2282


www.bitpools.com


View Profile WWW
April 01, 2013, 11:44:41 PM
 #14

I will be using mBTC for all units on my website.

They have stock splits for a reason.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
boscorocks
Jr. Member
*
Offline Offline

Activity: 56


View Profile
April 01, 2013, 11:59:00 PM
 #15

I was wondering today if Casascius will start doing more fractional coins..
InspiredEye
Member
**
Offline Offline

Activity: 98



View Profile WWW
April 02, 2013, 12:02:37 AM
 #16

I'll be switching my client to mBTC default when it "feels right".

Agreed.  For me, that will likely be at the $1000 mark.

Free Bitcoin Trading http://Buttercoin.com
BitcoinTate
Full Member
***
Offline Offline

Activity: 224


DigiByte Founder


View Profile
April 02, 2013, 12:04:58 AM
 #17

I'll be switching my client to mBTC default when it "feels right".

Agreed.  For me, that will likely be at the $1000 mark.
I would also agree around the $1000 mark is the appropriate place for this.

- aka The "DigiMan"
superduh
Hero Member
*****
Offline Offline

Activity: 602


View Profile
April 02, 2013, 12:17:30 AM
 #18

yes, this will need to happen soon eventually....
it will in essence feel like a "stock split"
so the "high price" will not make people feel awkward/hesitant
i wonder how much is "institutional" owned..hmm

ok
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
April 02, 2013, 12:19:33 AM
 #19

I don't care much either way - but then again - I'm not like the 'ordinary customer', I never cared much about prices like 99.99 in stores, I always thought that was rather silly. I learned however that many people look at 99.99 as 90 something, rather than 100. I always found this really silly..
freequant
Hero Member
*****
Offline Offline

Activity: 770


View Profile
April 02, 2013, 12:33:20 AM
 #20

No, Wait untill it is $1,000, then it will be Much more normal to the mind.
I agree, let's wait another 6 months.
Pages: [1] 2 »  All
  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!