Aswan
Legendary
 Offline
Activity: 1734
Merit: 1015
|
 |
December 04, 2013, 10:17:33 AM |
|
This is awesome. The right move indeed. I like it and hope others will follow.
|
|
|
|
|
|
|
|
|
|
|
|
In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
bitcats
Legendary
Offline
Activity: 1014
Merit: 1001
|
|
December 04, 2013, 10:19:44 AM |
|
This is awesome. The right move indeed. I like it and hope others will follow.
I second that! |
"Unser Problem ist nicht ziviler Ungehorsam, unser Problem ist ziviler Gehorsam." - Howard Zinn
|
|
|
KieranJones1
Member
Offline
Activity: 126
Merit: 10
|
|
December 04, 2013, 10:23:32 AM |
|
why didn't they just switch straight to Satoshi  For the same reason as goxed stated, albeit the opposite. A can of Coke is stated as containing 330 millilitres, not 330000000 nanolitres. Satoshis are just an inconveniently small unit at this point. While we're still measuring BTC by its value in non-crypto currencies, whatever unit is closest to a dollar seems like the sensible option to use. |
|
|
|
|
tyolite
Newbie
Offline
Activity: 42
Merit: 0
|
|
December 04, 2013, 10:25:45 AM |
|
switching to mBTC is too early for rookie, but necessary for BTC  |
|
|
|
|
bryant.coleman
Legendary
Offline
Activity: 3654
Merit: 1217
|
|
December 04, 2013, 10:31:31 AM |
|
why didn't they just switch straight to Satoshi That'll be horrible. The exchange rate will be 1 Satoshi = 0.000011 USD. |
|
|
|
|
|
Herbert
|
|
December 04, 2013, 10:41:16 AM |
|
|
www.bitcoinmonitor.net - Free payment notification via email, newsfeed, xpmm/jabber, url callback and full API access! Send SMS with www.txt4coins.net! No registration, pay-per-use, full API access, bulk messages - All inclusive!
|
|
|
|
Siegfried
|
|
December 04, 2013, 10:47:13 AM |
|
The four-letter abbreviation just sucks. It needs to be three letters. Maybe MBT or MBC. Or maybe just redefine 0.001 BTC as 1 BTC and say that the total supply will be 21 billion instead of 21 million.
|
|
|
|
|
|
Shermo
|
|
December 04, 2013, 10:59:26 AM |
|
The four-letter abbreviation just sucks. It needs to be three letters. Maybe MBT or MBC. Or maybe just redefine 0.001 BTC as 1 BTC and say that the total supply will be 21 billion instead of 21 million.
It doesn't work like that, there is this thing called SI units, almost every country uses them for things (expect America, they are still using pounds and ounces and cups and other antiquated units) http://en.wikipedia.org/wiki/International_System_of_Units#PrefixesPre-fix, i.e. you take the unit (BTC) and put something in front, for example mili, micro, nano etc. |
|
|
|
|
Lewis2
Member
Offline
Activity: 70
Merit: 10
|
|
December 04, 2013, 11:05:28 AM |
|
Good idea, hope it makes acceptance as a normal means of pay more possible!
|
|
|
|
kwukduck
Legendary
Offline
Activity: 1937
Merit: 1001
|
|
December 04, 2013, 03:28:19 PM |
|
Good move imho.
+1
|
14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
|
|
|
|
hacknoid
|
|
December 04, 2013, 06:04:09 PM |
|
Definitely the right move - it has to happen at some point, and it's better to do it sooner rather than later. Once bitcoin becomes more mainstream the larger masses will be more confused by the change in units. Right now most BTC users are pretty hard core, and will be able to tolerate the change without too much confusion.
|
|
|
|
|
The-Real-Link
|
|
December 05, 2013, 12:29:24 AM |
|
You can always go into preferences at the top right and switch the format back if you don't like it.
|
Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
|
|
|
BitChick
Legendary
Offline
Activity: 1148
Merit: 1001
|
|
December 05, 2013, 12:34:03 AM |
|
You can always go into preferences at the top right and switch the format back if you don't like it.
Good feature. All the exchanges should do this. Make mBTC the default but give the option to show it in the "regular" format. |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
|
|
|
|
|
|
