Bitcoin Forum
November 19, 2024, 05:54:06 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7] 8 9 »  All
  Print  
Author Topic: Contest to name the 0.0001 BTC unit (0.1 BTC prize!)  (Read 8633 times)
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
January 04, 2014, 03:28:51 AM
 #121

Someone should really put up a page or a wiki somewhere with all the denominations known for each digit place:

10,000.00000000 = 1 pizza
1.00000000 = 1 bitcoin
0.01000000 = 1 bitcent/centibit (cBTC?)
0.00100000 = 1 millibitcoin (mBTC)
0.00010000 = 1 finney
0.00000100 = 1 microbitcoin (uBTC)
0.00000001 = 1 satoshi

But there are no accepted denominations, except for bitcoin and satoshi. Any wiki page put up would be edited 10 times a day Wink
son_of_a_bit
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
January 04, 2014, 03:43:38 AM
 #122

Simple!

Son of a bit

or

Bitski
HadToLookTwice
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
January 04, 2014, 04:06:21 AM
 #123

I've wanted to call it minicoin too. Or maybe a centcoin.
BitTrade
Full Member
***
Offline Offline

Activity: 173
Merit: 100



View Profile
January 04, 2014, 04:15:36 AM
 #124

This has probably been mentioned earlier, but I've been pushing for "bits" for about a year now
HadToLookTwice
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
January 04, 2014, 05:16:13 AM
 #125

This has probably been mentioned earlier, but I've been pushing for "bits" for about a year now

Mhmm I wonder why.
coinage
Member
**
Offline Offline

Activity: 60
Merit: 10


View Profile
January 04, 2014, 09:55:19 AM
 #126


Since Hal 'Finney' has drawn attention it's reasonable to look at variations.  In actual usage a shorter 1-syllable name would often be substituted:

1 hal
1 fin
1 finn


There's also a combination:

1 halfin  (or halfinn)

jonanon
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
January 04, 2014, 12:13:39 PM
 #127

How about 'semibit', 'fracbit' as in fraction of, 'grambit' or 'fairbit'

 Grin
CoinThinker
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


Only the best is The be best...


View Profile
January 04, 2014, 12:40:39 PM
 #128

Really, not because it was my idea, but so far I think the best and most marketable way to denominate bitcoin is to use the threeObitcoin, fourObitcoin, ... whatever number of zeros are after the decimal point before the first bit.

Bitcoin is used by regular people too (at least hopefully it will be used), not only by you guys, who are staying on these forums all day, and are experts in mining, programmers, mathematicians, etc. Common people understand easiest something which is DESCRIPTIVE. On the other hand if we start to give names like satoshi to each fraction on bitcoins I bet that even we are going to be messed up about all the denomination (remember, we are talking about a very unusual currency with a lot of decimals).

Also, I'd like the emphasize again the importance of having the wording BITCOIN in the denomination. Crypto currencies are still not safe from banks and governments, basically they'll always be against their interest. So I think is crucial to make them MORE AND MORE popular for the common people also (not only some experts, miners, traders), in order to make it un-stopable. It has to be a social thing, people should understand it easy, etc.

jonanon
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
January 04, 2014, 01:17:30 PM
 #129

Also 'nanobit', 'splitbit', 'fragbit'.

 Wink
BitCoinDream
Legendary
*
Offline Offline

Activity: 2394
Merit: 1216

The revolution will be digital


View Profile
January 04, 2014, 01:28:08 PM
Last edit: January 04, 2014, 02:02:54 PM by BitCoinDream
 #130

1. DreamBit
2. Nakamoto
3. Finney (https://bitcointalk.org/index.php?topic=155054.0)

OneBTCJay
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
January 04, 2014, 01:57:54 PM
 #131

bit
Borbolon
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
January 04, 2014, 02:07:56 PM
 #132

What are the proposed names until now?
DobZombie
Hero Member
*****
Offline Offline

Activity: 896
Merit: 532


Former curator of The Bitcoin Museum


View Profile
January 04, 2014, 02:15:52 PM
 #133

0.0001 BTC

1.00000000 BTC = 10 MegaSats
0.10000000 BTC = MegaSat
0.00010000 BTC = KiloSat
0.00000001 BTC = Sat

Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
bitbrasil
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
January 04, 2014, 02:39:32 PM
 #134


This is the most insightful answer I've read here.
So if I'm understanding this correctly:

1.00000000 = oku
0.00010000 = man

Edit:

1.00000000 = 1 oku satoshi
0.00010000 = 1 man satoshi (1 man)
0.00000001 = 1 satoshi (1 sat)

That's interesting, I also like the idea of using "1 man satoshi" or "1 man" for short.

SO 1 BTC would be equivalent to 1 oku satoshi

waxaddict
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
January 04, 2014, 03:44:19 PM
 #135

A BabyBit.

Simple, catchy, rolls off the tongue, appeals to the casual user.

Bitcoin needs ease of use and simplicity if its to become widespread. Naming bits japanese words or computer jargon, while nifty, doesn't really help.
tlo
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
January 04, 2014, 04:05:59 PM
 #136

1 Nioc (reverse "coin")
1 Billy
1 Biccy
1 Bikky
1 Bissy
1 Biddy
1 Birry
1 Biffy
1 Bixxy
CooterCoin
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile WWW
January 04, 2014, 04:27:14 PM
Last edit: January 04, 2014, 04:40:00 PM by CooterCoin
 #137

Try to follow this now....

(Roman numeral one)=> I
(ten-thousandth)=> tt
(incremented)=> i

0.0001 BTC = Ittibit or IttiBit

One ten-thousandth incremented = Itti

Thank you for your consideration.... Shocked

Cooter
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1918
Merit: 1570


Bitcoin: An Idea Worth Spending


View Profile WWW
January 04, 2014, 04:32:43 PM
 #138


+1 for Finn.  Grin

I also like Turing.
Kluge
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1015



View Profile
January 04, 2014, 04:43:17 PM
 #139

What about

00.00000001 = 1 satoshi (1 s or 1 sat)
00.00000010 = 10 satoshi (10 s or 10 sat)
00.00000100 = 100 satoshi (100 s or 100 sat)
00.00001000 = 1 kilo-satoshi (1 ks or 1 ksat)
00.00010000 = 10 kilo-satoshi (10 ks or 10 ksat)
00.00100000 = 100 kilo-satoshi (100 ks or 100 ksat)
00.01000000 = 1 mega-satoshi (1 Ms or Msat)
00.10000000 = 10 mega-satoshi (10 Ms or 10 Msat)
01.00000000 = 100 mega-satoshi (100 Ms or 100 Msat)
10.00000000 = 1 giga-satoshi (1 Gs or 1 Gsat)
Chosen here or not, this will be the naming scheme in the future, and gambling establishments which regularly deal in small amounts of BTC already use an identical or similar system. There's no longer any reason to keep the radix point in Bitcoin. Most people aren't dealing with 10BTC+ transactions every day.
westkybitcoins (OP)
Legendary
*
Offline Offline

Activity: 980
Merit: 1004

Firstbits: Compromised. Thanks, Android!


View Profile
January 04, 2014, 09:47:32 PM
 #140

Bitski

I've wanted to call it minicoin too. Or maybe a centcoin.

1 hal
1 fin
1 finn
1 halfin  (or halfinn)

How about 'semibit', 'fracbit' as in fraction of, 'grambit' or 'fairbit'

Also 'nanobit', 'splitbit', 'fragbit'.

We already have nano-bitcoins (0.1 satoshi), sorry

A BabyBit.

1 Nioc (reverse "coin")
1 Billy
1 Biccy
1 Bikky
1 Bissy
1 Biddy
1 Birry
1 Biffy
1 Bixxy

I also like Turing.

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
...
...
In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
...
...
ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)
...
...
The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
Pages: « 1 2 3 4 5 6 [7] 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!