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Author Topic: How many digits after dot in mXBT realtime price will be comfortable for you?  (Read 1233 times)
fr33d0miz3r (OP)
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May 08, 2013, 03:04:14 AM
 #1

Hello all.
I'm preparing the new website www.mxbt.org which will display realtime data of Bitcoin markets, but using mXBT units.

So, I have a question.
How many digits after dot in the mXBT price would be comfortable for you to see?

Examples:

0.11492 USD / mXBT

or

0.12 USD / mXBT
dree12
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May 08, 2013, 04:17:58 AM
 #2

Hello all.
I'm preparing the new website www.mxbt.org which will display realtime data of Bitcoin markets, but using mXBT units.

So, I have a question.
How many digits after dot in the mXBT price would be comfortable for you to see?

Examples:

0.11492 USD / mXBT

or

0.12 USD / mXBT


The standard in Forex is generally 4 decimal digits.
WilderedB
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May 08, 2013, 06:07:46 AM
 #3

But most people prefer .00
dhenson
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May 08, 2013, 06:23:05 AM
 #4

Someone needs to convince Mt.Gox, Coinbase and BitInstant to add a preference to display in mXBT.

All we really need is the ability to PURCHASE in the smaller unit of measure. How we refer to it in day to day conversation doesn't really matter.
Sukrim
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May 08, 2013, 09:26:05 AM
 #5

I thought we established already that 1 xbt means 100 satoshis and the colloquial 1btc equals 1 bitcoin?

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
dree12
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May 08, 2013, 11:58:05 AM
 #6

I thought we established already that 1 xbt means 100 satoshis and the colloquial 1XBT equals 1 bitcoin?

Link?

XBT has meant 1 full bitcoin for a while now (since 2011). I highly doubt we can, or should, change it now. That would just provoke ambiguity.
Zomdifros
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May 08, 2013, 12:18:16 PM
 #7

I thought we established already that 1 xbt means 100 satoshis and the colloquial 1XBT equals 1 bitcoin?

Link?

XBT has meant 1 full bitcoin for a while now (since 2011). I highly doubt we can, or should, change it now. That would just provoke ambiguity.

That was in this topic: https://bitcointalk.org/index.php?topic=149150.0

The rationale behind it being that XBT should be used in financial systems which are most comfortable with two digits after the dot. Although I was against it initially, I now think this is a very elegant solution.

That is, 1 XBT = 100 satoshi's. Making a distinction between XBT and xbt seems confusing to me, ideally we never have to make a distinction between upper and lower case.

fr33d0miz3r (OP)
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May 08, 2013, 01:57:18 PM
 #8

So, some people say that 1 BTC = 1 XBT. Other people say that 100 Satoshis = 1 XBT.
Ooookaaay, I'll wait for people to decide what is right  Tongue

R2D221
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May 08, 2013, 03:59:42 PM
 #9

The rationale behind it being that XBT should be used in financial systems which are most comfortable with two digits after the dot. Although I was against it initially, I now think this is a very elegant solution.
In my short time knowing about Bitcoin, I've always seen that XBT is suggested as an ISO-compliant code for the currency (i.e. BTC = XBT). Now using it for other unit would be confusing.

An economy based on endless growth is unsustainable.
Blueberry408
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May 08, 2013, 05:08:52 PM
 #10

Hello all.
I'm preparing the new website www.mxbt.org which will display realtime data of Bitcoin markets, but using mXBT units.

So, I have a question.
How many digits after dot in the mXBT price would be comfortable for you to see?

Examples:

0.11492 USD / mXBT

or

0.12 USD / mXBT


I think if you have mils, you need to show the leading zeros. I say go exponetial, or the base e log. Heck can you graph the e to the i pi phasors from 1 year FFTs?  That would be SICK!!!!!!!

Feel free to send along any spare floating point remainders: 1CVTqVbqHTw35xGKfp4vmxggKdkMVwswtr
TangibleCryptography
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May 08, 2013, 05:28:15 PM
 #11

Four digits.  You could do it like this.

$0.1148

dhenson
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May 08, 2013, 06:52:48 PM
 #12

Four digits.  You could do it like this.
$0.1148

+1
fr33d0miz3r (OP)
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May 08, 2013, 08:19:07 PM
 #13

Four digits.  You could do it like this.

$0.1148



good idea! thank you!
fr33d0miz3r (OP)
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May 08, 2013, 08:28:12 PM
 #14

But most people prefer .00

Not in all countries.
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