CKJ411
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Activity: 25
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June 07, 2013, 02:13:06 AM |
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Who cares how big it looks, all the decimals are annoying as Hell. several currencies have in fact changed their numeration to account for massive influxes of valuation.
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ravenx13
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Activity: 10
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June 07, 2013, 07:21:19 AM |
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Current prices: $120 = 1 BTC = 1000 mBTC 100 mBTC = $12 one 7 buck tee = 58 mBTC = 0.058 BTC "I'd like a t-shirt for point zero five eight bitcoins please" OR "I'd like a t-shirt for fifty-eight milliBitcoins" Take your pick. Neither sounds great to me because milliBitcoins is a mouthful. Let's start another "how can we make mBTC into a single syllable" thread, find a great shortname for mBTC, and then switch to mBTC (until its time to drop down another 10^3 in a year  ). |
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BitBank
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Activity: 74
Merit: 10
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June 07, 2013, 08:43:17 PM |
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Current prices: $120 = 1 BTC = 1000 mBTC 100 mBTC = $12 one 7 buck tee = 58 mBTC = 0.058 BTC "I'd like a t-shirt for point zero five eight bitcoins please" OR "I'd like a t-shirt for fifty-eight milliBitcoins" Take your pick. Neither sounds great to me because milliBitcoins is a mouthful. Let's start another "how can we make mBTC into a single syllable" thread, find a great shortname for mBTC, and then switch to mBTC (until its time to drop down another 10^3 in a year ). I pick: "I'd like a t-shirt for 58 Bits." Otherwise, you'd probably be more likely to hear "I'd like a t-shirt for 10 iDollars" |
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ThatDGuy
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June 07, 2013, 08:59:00 PM |
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Current prices: $120 = 1 BTC = 1000 mBTC 100 mBTC = $12 one 7 buck tee = 58 mBTC = 0.058 BTC "I'd like a t-shirt for point zero five eight bitcoins please" OR "I'd like a t-shirt for fifty-eight milliBitcoins" Take your pick. Neither sounds great to me because milliBitcoins is a mouthful. Let's start another "how can we make mBTC into a single syllable" thread, find a great shortname for mBTC, and then switch to mBTC (until its time to drop down another 10^3 in a year ).
I pick: "I'd like a t-shirt for 58 Bits."Otherwise, you'd probably be more likely to hear "I'd like a t-shirt for 10 iDollars" Bits would be perfect, even shorter than Bitcoin. |
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derstacker98
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Activity: 14
Merit: 0
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June 08, 2013, 02:35:17 AM |
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I think that we should keep it as it was. Multiple units for the same things would get confusing. Imagine purchasing 10mBTC on mtGox when you thought it was 10BTC! Things would get really confusing really fast.
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goxed (OP)
Legendary
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Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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June 10, 2013, 11:32:25 PM |
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I think that we should keep it as it was. Multiple units for the same things would get confusing. Imagine purchasing 10mBTC on mtGox when you thought it was 10BTC! Things would get really confusing really fast.
We do have multiple units for USD, EURO, GBP, etc. |
Revewing Bitcoin / Crypto mining Hardware.
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bitboyben
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November 14, 2013, 01:50:24 AM |
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I'd like to resurrect this thread given the current situation.
but do we have to call mBTC Ringos?
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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Arksun
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November 14, 2013, 03:15:50 AM |
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Current prices: $120 = 1 BTC = 1000 mBTC 100 mBTC = $12 one 7 buck tee = 58 mBTC = 0.058 BTC "I'd like a t-shirt for point zero five eight bitcoins please" OR "I'd like a t-shirt for fifty-eight milliBitcoins" Take your pick. Neither sounds great to me because milliBitcoins is a mouthful. Let's start another "how can we make mBTC into a single syllable" thread, find a great shortname for mBTC, and then switch to mBTC (until its time to drop down another 10^3 in a year ). How about "I'd like t-shirt for fifty eight mB's" (pronounced em-bees) |
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Qoheleth
Legendary
Offline
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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November 14, 2013, 06:56:36 AM |
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Current prices: $120 = 1 BTC = 1000 mBTC 100 mBTC = $12 one 7 buck tee = 58 mBTC = 0.058 BTC "I'd like a t-shirt for point zero five eight bitcoins please" OR "I'd like a t-shirt for fifty-eight milliBitcoins" Take your pick. Neither sounds great to me because milliBitcoins is a mouthful. Let's start another "how can we make mBTC into a single syllable" thread, find a great shortname for mBTC, and then switch to mBTC (until its time to drop down another 10^3 in a year ). At smaller scales you can start saying stuff like "microcoins" and "nanocoins" and it sounds plenty "technological", but for 10 -3 BTC, I favor "minicoins" as less of a mouthfull (and because it sounds less like "million coins"). |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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bitboyben
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November 14, 2013, 07:09:57 AM |
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milli-coins?
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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sushi
Full Member
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Activity: 238
Merit: 100
ASIC Myth Buster
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November 14, 2013, 07:13:55 AM |
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it might become reality if the market price is keep going up and everyone is holding on to their coins
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>>> PM me for New ASIC Miner's Info. We will go check it out <<<
FEEL GENEROUS TODAY? ==> 1AHNusc3BQA2QJCokySAQ1Qtymr1ZyAG6P
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Qoheleth
Legendary
Offline
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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November 14, 2013, 07:26:43 AM |
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milli-coins?
Again, sounds enough like "million coins" that I can see it causing confusion. |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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crazy_rabbit
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 14, 2013, 09:49:25 AM |
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I think so. The exchanges default I think should be mBit and so should everything else. It's getting silly to see things priced at 0.01 bitcoins.
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more or less retired.
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theecoinomist
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November 14, 2013, 11:46:35 AM |
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No, we shouldn't change it. Otherwise we lose the pricing mechanism. Just like gold is calculated in ounces, we need to have a whole unit to benchmark against.
I don't see how we would lose the pricing mechanism, of course the price would be divided by 1000, but there would be more units equal to that. |
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