Contest to name the 0.0001 BTC unit (0.1 BTC prize!)

[Ricke]

1 Myriati (derived myself from the Greek term μυριάς - myrias, "Myriad" in English, is the number 10000)

[1714845359]

1714845359

[1714845359]

1714845359

[1714845359]

1714845359

[gh2k]

How about 1 stamp? (As in, "blow stamps" )

[Henark]

1 Dot
1 Octat
1 At (@)

[PrintCoins]

If 0.001 is millibits would 0.0001 be ten millibit-cents (0.1 mBTC) or "point 1 millibits".

0.0001 = 10000 Satoshis, so we could just skip right to the chase and say ten-thousand satoshi. I think there has been quite a few currencies in the world that worked with such large numbers for buying things like a cup of coffee.

100,000,000 Satoshis is one bitcoin, so even if bitcoin drops back to dollar parity, we will still be able to talk about them as 100 million satoshis.

Really, this whole decimal point thing is a pain in the arse, and is totally unnecessary. Bitcoins are stored as ints anyway, and the decimal point 8 digits in was just a convenient display thing early on when bitcoins weren't worth much.

What about

00.00000001 = 1 satoshi (1 s or 1 sat)
00.00001000 = 1 thousandkilo-satoshi (1 ks or 1 ksat)
00.01000000 = 1 millionmega-satoshi (1 Ms or Msat)

[Joohansson]

SI for 0.0001 BTC:
1 dmBTC (deciMilliBitcoin = a 10th of a mBTC or 0.1 mBTC)
1 hµBTC (hectoMicroBitcoin = 100 µBTC)

Fraction, a part of a unit:
1 fBTC (fractBitcoin or fractBTC)
1 Fract

Programming:
1 tBTC (tinyBitcoin or tinyBTC)
1 tmBTC (tinyMilliBitcoin or tinymBTC)

[tbc]

barterbit bBTC
 

[Valerian77]

After reading all the suggestions it will maybe the best to stay in the already started scheme:

    0.00100000 BTC = 1 mBTC
    0.00010000 BTC = 1 <?>           
    0.00000100 BTC = 1 µBTC
    0.00000001 BTC = 1 Satoshi  (three letter notation STI or SAT or STS ?? )

If there shall be another specialized unit name for 0.0001 my preferences would be:

Greek:   1 Myriade = 10000

    0.00010000 BTC = 1 Myriasatoshi Coin = 1 MSC

Alternatively: 

    1 Myriasatoshi = 1 MSI


My BTC address:      1METhkrvz2r9d3zkFPQrHnpFC1BjCs64Zf

[arnuschky]

This is imho completely bonkers.

1) It gives us more time before making another change than mBTC would

What do you mean by this? I don't even understand your sentence.

2) It removes the possibility of using common decimal prefixes (milli- and micro-) which, as bad as it may sound, would face resistance in the U.S.

Yes, why not use "cookiejars" for every .0023 of bitcoins? The metric system MAKES A LOT OF SENSE and everybody uses it for a reason. The US has to suck it up at some point.

Maybe we can rename bitcoin to sickles, with 23 knuts in a sickle? Then at least Harry Potter would be happy.

3) It's compatible with a minimum transaction fee of 0.0001 BTC

Which is most likely to change at some point, see the various discussions on the dev list (cf floating fees)

4) New users would likely be happier with it than mBTC, as they'd get "more" for their money with a smaller denomination (ah, human psychology)

Following this argument we should go straight for satoshis.

5) The values wouldn't be as large as with uBTC
6) It leaves us with a very manageable 4 decimal places

Both true, but I don't see the advantage over mBTC which has similar properties.

7) It reduces the transition to satoshis down to two equally-spaced steps, leaving only one familiar future change

That's about the only positive point to say of your proposal...

[matriculator]

1) Unibit
2) LowDen < Acronym of: Lowest Denominator>
3) 1150(1/(1 and 5 zeros, lol idk about this one))
4) Standbit <Standard bitcoin>

[matriculator]

5) Newbit <Especially for new users "newb" and "bit".>

[coinage]

Future history books agree the common name for .0001 bitcoin is:

    one blit
  
so let's go with that.

It contains "bit" but is also distinctive, simple, short, and catchy.

A common phrase in the upcoming vernacular is "Blitz me a few and I'll get it done for you."  Requesting 1000 blits...


Bonus: In computer graphics, blit is backronymed to "BLock Image Transfer".  In the bitcoin world, block-based transfers can certainly boost your image, so to speak.

Thanks for this contest!

[coinage]

(Naturally some users will specify a transaction with the alternate spelling "20 blitz" instead of "20 blits", since the plural form is almost always used.)

[westkybitcoins]

- Man-satoshi (Rhymes with Flan 10,000 in Japanese is Man. So literally this would mean 10,000 satoshis
- Maan-satoshi (maybe putting it in Cantonese would make the Chinese government more Bitcoin Friendly? Also, it might get pronounced properly)

Or just
- Maan (Cantonese for 10,000 -- maybe leaving off the satoshi makes it easier to read?)

If we flip it (to increase the chances people would say it right --but less accurate in Japanese-- but has a cool ring to it.)
- Satoshi-Ban

0.0001 equals 1 Anderson

Introducing the DemiBit!

Another suggestion:

Freedombit

YOu wanna freedombits with that?

1 Bernanke.

1 Nakamoto

1 sbit
1 sub
1 snipe
1 snip
1 zit
1 bip
1 jif
1 lup
1 izzy

1 dbit

part
grit
speck
mini
curt
mite
specie
wad
grain
feeble

0.0001 ittycoin

The littlebit (lBTC)

bito

wine

jimmys

Tri-bitcoin, to help people remember the three zeroes in front (1 tBTC = .0001)

tri-bit for short

tBTC

<snip>

tre-bit (tre short for 'tres')

<snip>

bit-oshi

Satoko ( female version of Satoshi )

1. Bitishi
2. Ichibit
3. Abit
4. Senti
5. Bitsen

I nominate
Bitcoin-bong as my third Choice

One Crypto

BTC 0.0001 = Gox

Naka (from Nakamoto)
Nakabit
magnabit (from latin magna=big)

1 cheap

1 beetle

1 beatle

Freedomcoin

1 Myriati (derived myself from the Greek term μυριάς - myrias, "Myriad" in English, is the number 10000)

How about 1 stamp?

1 Dot
1 Octat
1 At (@)

barterbit bBTC

    0.00010000 BTC = 1 Myriasatoshi Coin = 1 MSC

1) Unibit
2) LowDen < Acronym of: Lowest Denominator>
<snip>
4) Standbit <Standard bitcoin>

5) Newbit <Especially for new users "newb" and "bit".>

   one blit

[westkybitcoins]

I'm aware there are duplicates. Credit will go to the first poster when I dig through the names for the poll.

[shawshankinmate37927]

The Finney

https://bitcointalk.org/index.php?topic=155054.0

+1

+2

[cad_cdn]

incribit

[bythesea]

1 mcBTC

[cp1]

The Crypto

[bledgesquelch]

Centoshi
Itsy
Mitsubitsy

[agath]

I'd take some letters from "Satoshi" and some from "bit", so I propose SHIT.