Interized (OP)
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November 30, 2013, 01:31:22 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
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Gold isn't the answer.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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empoweoqwj
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November 30, 2013, 01:44:10 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc.  |
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Interized (OP)
Sr. Member
Offline
Activity: 280
Merit: 250
Coolness: ∞
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November 30, 2013, 01:48:45 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. |
Gold isn't the answer.
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empoweoqwj
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November 30, 2013, 02:00:58 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. "Bit" already has 2 meanings at least ....... and you want to add a third. Way to go. By the way, its already got a name. A Satoshi. |
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XBBlade
Member
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Activity: 98
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November 30, 2013, 02:05:20 AM |
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And it's 'dust'
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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November 30, 2013, 02:12:27 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. "Bit" already has 2 meanings at least ....... and you want to add a third. Way to go. By the way, its already got a name. A Satoshi. What's a satoshi? in 5...4...3.14159265...3...10...bit... Regardless, I still call 0.0000001 BTC a nakro. |
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Interized (OP)
Sr. Member
Offline
Activity: 280
Merit: 250
Coolness: ∞
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November 30, 2013, 02:35:48 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. "Bit" already has 2 meanings at least ....... and you want to add a third. Way to go. By the way, its already got a name. A Satoshi. What's a satoshi? in 5...4...3.14159265...3...10...bit... Regardless, I still call 0.0000001 BTC a nakro. Exactly my point, most people will end up calling it bits because that is what makes sense for todays world. Alternative meanings hold no ground in the ever evolving constantly changing human languages. (just like bitcoin and everything else) |
Gold isn't the answer.
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Cyberdyne
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November 30, 2013, 02:45:28 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. "Bit" already has 2 meanings at least ....... and you want to add a third. Way to go. By the way, its already got a name. A Satoshi. I'm so grateful to the inventor of bitcoin, he's (they've) brought so much good into this world. ...but that's a shit name for 0.00000001. It's too many syllables. Calling them Sats or Naks would roll off the tongue easier. |
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Interized (OP)
Sr. Member
Offline
Activity: 280
Merit: 250
Coolness: ∞
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November 30, 2013, 03:15:59 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. "Bit" already has 2 meanings at least ....... and you want to add a third. Way to go. By the way, its already got a name. A Satoshi. I'm so grateful to the inventor of bitcoin, he's (they've) brought so much good into this world. ...but that's a shit name for 0.00000001. It's too many syllables. Calling them Sats or Naks would roll off the tongue easier. Bits are catchy nice and make sense vs even those names. |
Gold isn't the answer.
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solomon
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November 30, 2013, 03:59:53 AM |
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Interized (OP)
Sr. Member
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Activity: 280
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November 30, 2013, 06:33:35 AM |
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Gold isn't the answer.
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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November 30, 2013, 06:42:25 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
A "bit" is already in use, a dictionary word in fact, and has been for decades. We are trying to educate people not confuse them. Conversation would be: I've just bought a bit. A bit of what? No ... a bit. You mean 1/8 of a byte??? No .... 0.00000001 of a bitcoin How much of a bitcoin is that? 0.00000001 Sorry?? etc. etc. Ain't ain't in the dictionary. (oh wait it is) Words get removed added and changed all the time. People understand bits of gold, and they will catch on to bits of bitcoin. Regardless I still call 0.00000001 a bit. And I always will. "Bit" already has 2 meanings at least ....... and you want to add a third. Way to go. By the way, its already got a name. A Satoshi. I'm so grateful to the inventor of bitcoin, he's (they've) brought so much good into this world. ...but that's a shit name for 0.00000001. It's too many syllables. Calling them Sats or Naks would roll off the tongue easier. And the better it rolls off the tongue, the better the songs will be, i.e. ...  Genesis. Now where have I heard that word before? |
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franky1
Legendary
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Activity: 4214
Merit: 4465
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November 30, 2013, 06:45:53 AM |
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Why aren't we selling bitcoins by the bit yet?
Do you have to have 1.0 btc to "have bitcoins"? NO. You just need a bit!
Need a bit?
Got a bit?
Yeah I bought a bit for $1 each.
What?
0.00000001 is a satoshi a satoshi is 0.00000001 end of.. if you want to mention "bits" then make a bit 100 satoshis or 1000 or 10,000 satoshis. dont confuse people anymore by trying to rename something that has already been known and accepted by the major part and percentage of the community. i truly understand you one day want to have your 'famouss for 5 minutes' moment by being able to tell your grand kids that you named an certain volume of coin as a 'bit'. but please, dont reinvent the wheel and attempt to name it something else. choose another amount to be known as a bit |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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November 30, 2013, 07:07:39 AM |
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 This satoshi is killin' me! |
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Cyberdyne
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November 30, 2013, 07:33:05 AM |
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This satoshi is killin' me! Too many syllables!!! I propose we call that device a 'bit' instead. |
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Interized (OP)
Sr. Member
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November 30, 2013, 10:05:56 AM |
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Bits it is then! That will be what my project is based on.
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Gold isn't the answer.
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hilariousandco
Global Moderator
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 Online
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Join the world-leading crypto sportsbook NOW!
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November 30, 2013, 10:28:20 AM |
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Words get removed added and changed all the time.
Removed from what? I've never heard of words being removed from a dictionary or language. Why would that ever happen? |
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2_Thumbs_Up
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November 30, 2013, 10:41:49 AM |
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Bits it is then! That will be what my project is based on.
Read the reddit thread posted. Bits is a good word, but we seem to start get some traction to use bits for 1 millionth of a bitcoin, ie 100 satoshis. If you are going to use the word, please use this convention, or people will just get even more confused. |
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