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Author Topic: Should Bitcoin do a 1000:1 split?  (Read 253 times)
daweller
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November 08, 2017, 05:36:56 AM
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This would make anyone with less than 1btc seem cooler.
ie. Greg has .3 bitcoins. He tells his date, Mary, " hey babe, I have .3 bitcoins, so we can have fun tonight "
Mary rolls her eyes.

But, if btc split 1000:1, then Greg could say " hey baby, I got 300 bitcoins " and she would reply " Oh my, you are so sexy "

Thoughts?
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DannyHamilton
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November 08, 2017, 05:47:11 AM
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This would make anyone with less than 1btc seem cooler.
ie. Greg has .3 bitcoins. He tells his date, Mary, " hey babe, I have .3 bitcoins, so we can have fun tonight "
Mary rolls her eyes.

But, if btc split 1000:1, then Greg could say " hey baby, I got 300 bitcoins " and she would reply " Oh my, you are so sexy "

Thoughts?

This already happened.

They just gave it a new name.

Pre-split, it's called "Bitcoin" (and uses the abbreviation BTC).  Post split, it's called "milliBitcoin" (and uses the abbreviation mBTC).

So, Greg can already today tell is date Mary, "Hey baby, I got 300 milliBitcoins"
daweller
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November 08, 2017, 05:49:29 AM
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no thats like saying " hey, I have 300 cents "



This would make anyone with less than 1btc seem cooler.
ie. Greg has .3 bitcoins. He tells his date, Mary, " hey babe, I have .3 bitcoins, so we can have fun tonight "
Mary rolls her eyes.

But, if btc split 1000:1, then Greg could say " hey baby, I got 300 bitcoins " and she would reply " Oh my, you are so sexy "

Thoughts?

This already happened.

They just gave it a new name.

Pre-split, it's called "Bitcoin" (and uses the abbreviation BTC).  Post split, it's called "milliBitcoin" (and uses the abbreviation mBTC).

So, Greg can already today tell is date Mary, "Hey baby, I got 300 milliBitcoins"
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November 08, 2017, 05:54:53 AM
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This would make anyone with less than 1btc seem cooler.
ie. Greg has .3 bitcoins. He tells his date, Mary, " hey babe, I have .3 bitcoins, so we can have fun tonight "
Mary rolls her eyes.

But, if btc split 1000:1, then Greg could say " hey baby, I got 300 bitcoins " and she would reply " Oh my, you are so sexy "

Thoughts?

He says, "Hey baby, I got 30 million satoshis."
She says, "You're an idiot if you think that impresses me. I've been hodling 100 BTC since 2012."

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DannyHamilton
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November 08, 2017, 06:09:25 AM
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no thats like saying " hey, I have 300 cents "

And if you rename millibitcoin to bitcoin, it won't change that.  It will still be like saying "Hey, I have 300 cents".

CryptoBry
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November 08, 2017, 06:17:21 AM
 #6

This would make anyone with less than 1btc seem cooler.
ie. Greg has .3 bitcoins. He tells his date, Mary, " hey babe, I have .3 bitcoins, so we can have fun tonight "
Mary rolls her eyes. But, if btc split 1000:1, then Greg could say " hey baby, I got 300 bitcoins " and she would reply " Oh my, you are so sexy " Thoughts?

No matter how we may want to change how it is to be called, the fact is that talking to someone who does not have any inkling on Bitcoin can be akin to talking to a rock. So what should we do..? Don't give someone a sum of Bitcoin instead convert it into the dollar equivalent unless of course your date happens to be another Bitcoin enthusiast then you can both be talking on the same table. Don't say you have 1 Bitcoin...say that you have $7,000 and you are willing to give it all to her...right?
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