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Author Topic: POLL: What name would you give to the smallest unit of bitcoin (0.00000001)?  (Read 12484 times)
bonker
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June 29, 2011, 10:46:03 AM
 #121

How about a "ringpiece"

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grondilu
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June 29, 2011, 10:50:41 AM
 #122

decananobitcoin

deca=10x
nano=10^-9
=>
decanano=10^-8
PandaMiner
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I got scammed Jan2014


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July 01, 2011, 09:23:44 AM
 #123

How about... a Quark?

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VertexEx
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July 01, 2011, 10:06:49 AM
 #124

picoBit?
friscofrank
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July 01, 2011, 02:08:17 PM
 #125

coinbit
Duffman
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July 01, 2011, 02:29:51 PM
 #126

I vote for 10 nanoBitcoins and Bernanke's as a secondary alias.
ForceField
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July 01, 2011, 02:30:52 PM
 #127

Or simply a Unit, or BitUnit.

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tsigalko
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July 01, 2011, 02:49:26 PM
 #128

How about NZ (non-zero)

... if it weren't "Satoshi".
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July 01, 2011, 02:52:51 PM
 #129

Nanocoin

Thomas Nasakioto - Upgrade to Ixcoin 0.3.24.3 before block 43,000
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deepfall
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July 01, 2011, 03:49:57 PM
 #130

"worthless" at the present exchange rate Wink
cocodapuf
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July 01, 2011, 05:10:55 PM
 #131

Just use SI prefixes!

1BTC = 1 bitcoin
0.1BTC = 1dBTC = 1 decibitcoin
0.01BTC = 1cBTC = 1 centibitcoin...

The prefixes "deci" and "centi" are not SI prefixes. They are leftovers from the pre-SI metric system, and they add more complexity than benefit. So let's keep it simple...

1 BTC = 1 bitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin (nickname "one Millie")
0.000001 BTC = 1 uBTC = 1 microbitcoin (nickname "one Mike")

The base unit of 0.00000001 BTC is the same as 10 nanobitcoins, but I think this will be confusing because we cannot represent 1 nanobitcoin (so how can we have ten of them?). The existing usage seems to work well enough:

0.00000001 BTC (nickname "one Satoshi").

That makes total sense.  It's simple, it's easily converted (as most people are familiar with metric system) and the nicknames are totally usable. 

As far as the last two digits go, I think the setup you have will work out fine as it is.  In the same way most people would say $1.35 as "a dollar, thirty five" people could also say 1.28 uBTC (0.00000128) as "a mike, twenty eight".  So a name for the last two digits isn't really necessary.  As they are the last two digits, you could call them cents (mike-cents) if you really wanted to.  The thing is though, years from now as we approach the point when we actually need a name for those digits, we'll also need a system that works further than 8 decimal points anyway.  So before we ever need a common name for the last few digits, the system will already need to have been extended to include nanobitcoins, picobitcoins, etc.  Technically, the furthest few digits in the system will never really need a common usage name.
NYConsultant
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July 01, 2011, 05:11:10 PM
 #132

A qBIT.
Giraffe.BC
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July 01, 2011, 06:35:17 PM
 #133

I vote nanocoin. 

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hashmaker
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July 01, 2011, 07:13:26 PM
 #134

tidbit

loglow
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July 01, 2011, 08:58:53 PM
 #135

0.1 BTC = 1 dBTC = 1 decibitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin
0.0001 BTC = 100 μBTC = 100 microbitcoins
0.00001 BTC = 10 μBTC = 10 microbitcoins
0.000001 BTC = 1 μBTC = 1 microbitcoin
0.0000001 BTC = 100 nBTC = 100 nanobitcoins
0.00000001 BTC = 10 nBTC = 10 nanobitcoins

http://en.wikipedia.org/wiki/Si_prefixes
Smalleyster
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July 01, 2011, 09:30:20 PM
 #136

Picoin

PicoIn

PiCoin

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Alex Beckenham
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July 19, 2011, 11:25:01 PM
 #137

Picoin

PicoIn

PiCoin

Picoin is already reserved. It means 3.14159 BTC.

FCTaiChi
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decentralizedhashing.com


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July 20, 2011, 02:00:21 AM
 #138

0.1 BTC = 1 dBTC = 1 decibitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin
0.0001 BTC = 100 μBTC = 100 microbitcoins
0.00001 BTC = 10 μBTC = 10 microbitcoins
0.000001 BTC = 1 μBTC = 1 microbitcoin
0.0000001 BTC = 100 nBTC = 100 nanobitcoins
0.00000001 BTC = 10 nBTC = 10 nanobitcoins

http://en.wikipedia.org/wiki/Si_prefixes

^  this is what I was about to say, glad I read every post

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Talon876
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July 20, 2011, 04:44:24 AM
 #139

Bitlet
Ryu.Hayabusa
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July 20, 2011, 05:21:44 AM
 #140

picobit?

A "Bernanke" is also good.

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