Name the 0.0001 BTC unit - 1st POLL

[W2014]

Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

+1

We have a winner?

[empoweoqwj]

Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

+1

We have a winner?

Don't like it for a few reasons but many one is if someone said "That will cost you a bit" you wouldn't know what they meant ..... you need a word that doesn't have a prior common meaning

[jonanon]

Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

+1

We have a winner?

Don't like it for a few reasons but many one is if someone said "That will cost you a bit" you wouldn't know what they meant ..... you need a word that doesn't have a prior common meaning

Exactly, it would need to be a word with no prior common meeting however unfortunately the ones there are in the list are not particularly good 

[turbox]

i don like all these name

[finder_keeper]

The name for 10k satoshis (or 1/10k bitcoins) should be myriabits (from myriad meaning 10 thousand). It's poetic, symmetric, concise and clear (except, admittedly, liable to be confused with millibits).

-- FK

The contest to propose a name for the 0.0001 BTC unit continues! Details below....

Please read carefully:

The name list in the poll is set in stone. The primary criteria that held sway was the number of recommendations (including duplicate or similar submissions) for each name, followed by terseness and marketability. That said, I thought some of the suggestions that didn't make the cut were pretty good, but these to some degree or another seemed to spark more interest from the community.

So... please go ahead and vote for whichever name you feel is "best", based on your own personal criteria/preferences/etc. You also get a second vote if you want to throw your weight behind another name in case your first choice doesn't get into the final four (I strongly recommend doing so.) Note that you will not be able to change your votes! Feel free to comment on the choices, or to make the case for one choice over others. As usual, please stay on topic, etc.

Voting will be closed and the thread locked at 23:59:59 CST (GMT-6) on Wednesday, January 8. Shortly thereafter the final poll presenting the final four names will be posted. The final four will be chosen from the highest-voted names that are not found to be obviously flawed (see first thread for examples.)

One final thought: keep in mind that a name for the unit wouldn't necessarily be used as-is; variations of it, or even abbreviations or prefixes derived from it could just as well take hold.

With that, we're off. May the best name win!

bip - arcke
bit - jakioflap
bitdime - amincd
bitski - Bobsurplus
decimillibit - Lorum_Ipsum
finney - bassclef
littlebit - Steef
man/maan-satoshi - wjmilne
minicoin - gbianchi
nakamoto - HairyMaclairy
pbit - Glynn
sbit - arcke

[freedomno1]

I still argue that the canon name was the correct name and that is the one based off Tonal Bitcoin or 1 Tonal is a Bitcoin-Bong
https://en.bitcoin.it/wiki/Tonal_Bitcoin

So regarding its marketing it should be consistent with the principle but I digress

That said of this list the first bitcoin transaction occured between Satoshi and Hal Finney so goes with the Finney

[marketGuy]

Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

The nice thing with the 10,000 factor is, we have already another one for the upper side (although it sounds more slang than offical):

1 Pizza = 10,000 Bitcoins

[HairyMaclairy]

Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

The nice thing with the 10,000 factor is, we have already another one for the upper side (although it sounds more slang than offical):

1 Pizza = 10,000 Bitcoins

Agreed but should be shortened to slang for Pizza = 'Za'

"That whale owns a Za".

[viboracecata]

I can only pick sbit, but I'm not so clear what 's' mean?

[yenom]

They're all shite.

One tenth of a millibit.

[thaaanos]

absurdobit

[shadowpuppet]

mBTC has too much momentum already, I think.

[TheQuote]

.00000001 BTC = 1 satoshi
.0000001 BTC = 10 satoshi
.000001 BTC = 1 uBTC (micro)
.00001 BTC = 10 uBTC
.0001 BTC = 100 uBTC
.001 BTC = 1 mBTC (milli)
.01 BTC = 10 mBTC
.1 BTC = 100 mBTC
1 BTC = 1 BTC
10 BTC = 10 BTC
100 BTC = 100 BTC
1.000 BTC = 1 kBTC (kilo)
10.000 BTC = 10 kBTC
100.000 BTC = 100 kBTC
1.000.000 BTC = 1 MBTC (mega)
10.000.000 BTC = 10 MBTC



Why make it harder than needed?

[Abdussamad]

0.0001 = default transaction fee = DTF

[dnaleor]

decimilibitcoin, abbreviation: "decimil"

[willphase]

.00000001 BTC = 1 satoshi
.0000001 BTC = 10 satoshi
.000001 BTC = 1 uBTC (micro)
.00001 BTC = 10 uBTC
.0001 BTC = 100 uBTC
.001 BTC = 1 mBTC (milli)
.01 BTC = 10 mBTC
.1 BTC = 100 mBTC
1 BTC = 1 BTC
10 BTC = 10 BTC
100 BTC = 100 BTC
1.000 BTC = 1 kBTC (kilo)
10.000 BTC = 10 kBTC
100.000 BTC = 100 kBTC
1.000.000 BTC = 1 MBTC (mega)
10.000.000 BTC = 10 MBTC



Why make it harder than needed?

This.  1/100 and 1/10000 are not typical units used in science - everything is 1000 based not 100 based.  It's confusing.  We should just stick to BTC and satoshi and metric units derived from this exactly like the above.  This poll has no meaning or official recognition and will go nowhere.

Will

[wiggi]

1 bitbit = 0.0001 BTC            <-should be easy enough to remember
1 nakamoto = 0.000001 BTC

[BitcoinBarrel]

I didn't vote because there wasn't an option for "Don't name it at all."

I am seriously opposed to all naming and converting of Bitcoin decimals to other formats other than simply 0.0001 BTC (Point Zero Zero Zero ONE BTC) or ONE TEN THOUSANDTH of a Bitcoin. It really helps put into perspective the value of the amount being offered and eliminates any confusion.

When you start saying millibits, billybits, bips and all this mess then people will disagree. How hard is it to understand that 1 Bitcoin has 1 Million Bits? Why should we name 5000 Bits something and name 10000 Bits something else?

It would make more sense to call 0.00000001 BTC a BIT, but there is already a name in honor of Satoshi.

So if anything, 0.0001 should be called 10,000 Satoshis which sounds way cooler than anything else on the list.

[BitcoinBarrel]

Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

+1

We have a winner?

+1 for Bits and Satoshis

[chaoticbrain]

1 bitcoin
.001 bit dollar
.0001 bit pennies

or

1 bitcoin
.001 millicoin
.0001 microcoin?