Unit name for 1000 satoshis (0.00001 BTC)

[ktorn]

When people new to Bitcoin talk to me about the 21M limit in BTC, I normally explain how it can be divided up to 8 decimal places, so the real limit is much hight than 21M.

However it would be nice to just say exactly what the limit is when compared to USD.

1 USD is divided in 1000 subunits (Mills - used in financial transactions), so it would be logical to also keep 1000 subunits and refer to a total limit of 2,100,000,000,000.000 <unit>

The problem is that I can't find anywhere the unit name (<unit>) to be used in this case. Anyone?

Edit: And please no kSatoshi-style answers please 

[empoweoqwj]

Oh lord, another unit naming thread that will lead to nothing but give us lots of silly names  - when will this ever end

0.00001 BTC has a name - 0.00001 BTC

[BrockLanders]

there is none for that , you would use 10 microbitcoin
https://en.bitcoin.it/wiki/Units

[Fontastically]

Oh lord, another unit naming thread that will lead to nothing but give us lots of silly names  - when will this ever end

0.00001 BTC has a name - 0.00001 BTC

Fuck you, for trying to end this  

Now...  We shall call it:

-Edward Snowden
-Nut
-Obama Mama
-Hit

These are the only logical choices in my opinion.

[empoweoqwj]

Oh lord, another unit naming thread that will lead to nothing but give us lots of silly names  - when will this ever end

0.00001 BTC has a name - 0.00001 BTC

Fuck you, for trying to end this  

Now...  We shall call it:

-Edward Snowden
-Nut
-Obama Mama
-Hit

These are the only logical choices in my opinion.

Hello to you too. Just giving my opinion, same as you.

[Fontastically]

Hello to you too. Just giving my opinion, same as you.

No harm intended

[empoweoqwj]

Hello to you too. Just giving my opinion, same as you.

No harm intended

Cool. No harm done

[AliceWonder]

It's called 10 microbitcoins.

Metric system is well established.

[empoweoqwj]

It's called 10 microbitcoins.

Metric system is well established.

How do you type 10 microbitcoins into a calculator?

[ThePurplePlanet]

kilo satoshis aka ks 

[wanksta11]

dolaroshi? 
centoshi?

[ktorn]

I guess the answer is: there isn't one!

So let's take ThePurplePlanet's suggestion and call it temporarily KSS (kilo satoshi, but you can pronounce it 'kiss')  

1 KSS = 0.00001 BTC

Given the current BTC/USD price of $949.35, it means 1 KSS is worth $0.0094935

So next time someone new to Bitcoin raises the issue of limited supply and inflated price I will compare apples to apples (or dollars to kisses ) and point at the fact that there will be 2.1 trillion KSS (nearly double of total USD) in circulation and that currently 1 KSS is worth less than a US cent.

Today you're not just buying 1 BTC for $949.35, you're buying 100,000 KSS, and a $4 coffee costs 421.340 KSS.

Now tell me that we don't need a damn unit name for a KSS!  

[empoweoqwj]

I guess the answer is: there isn't one!

So let's take ThePurplePlanet's suggestion and call it temporarily KSS (kilo satoshi, but you can pronounce it 'kiss')  

1 KSS = 0.00001 BTC

Given the current BTC/USD price of $949.35, it means 1 KSS is worth $0.0094935

So next time someone new to Bitcoin raises the issue of limited supply and inflated price I will compare apples to apples (or dollars to kisses ) and point at the fact that there will be 2.1 trillion KSS (nearly double of total USD) in circulation and that currently 1 KSS is worth less than a US cent.

Today you're not just buying 1 BTC for $949.35, you're buying 100,000 KSS, and a $4 coffee costs 421.340 KSS.

Now tell me that we don't need a damn unit name for a KSS!  

Probably the worse name to date, KSS, whatever next ....

[Xav]

I guess the answer is: there isn't one!

So let's take ThePurplePlanet's suggestion and call it temporarily KSS (kilo satoshi, but you can pronounce it 'kiss')  

1 KSS = 0.00001 BTC

Given the current BTC/USD price of $949.35, it means 1 KSS is worth $0.0094935

So next time someone new to Bitcoin raises the issue of limited supply and inflated price I will compare apples to apples (or dollars to kisses ) and point at the fact that there will be 2.1 trillion KSS (nearly double of total USD) in circulation and that currently 1 KSS is worth less than a US cent.

Today you're not just buying 1 BTC for $949.35, you're buying 100,000 KSS, and a $4 coffee costs 421.340 KSS.

Now tell me that we don't need a damn unit name for a KSS!  

Sounds great to me.

1 sat = 1 exp -8 BTC = 1 satoshi
10 sat = 1 exp -7 BTC = 1 big satoshi (or 1 nakamoto)
100 sat = 1 exp -6 BTC = 1/10 kiss = little kiss
1000 sat = 1 exp -5 BTC= 1 ksat = 1 kilo satoshi = 1 kiss
10,000 sat = 1 exp -4 BTC = 10 kiss = big kiss
100,000 sat = 1 exp -3 BTC = 100 kiss = 1/10 smack = little smack (~ buck today)
1,000,000 sat = 1 exp -2 BTC = 1000 kiss = mega kiss = smack
10,000,000 sat = 1 exp -1 BTC = 10 smack = big smack
100,000,000 sat = 1 BTC = 1 full blow (uko or ~ grand today)

[ktorn]

Probably the worse name to date, KSS, whatever next ....

I did say (emphasis added now) :

So let's take ThePurplePlanet's suggestion and call it temporarily KSS (kilo satoshi, but you can pronounce it 'kiss')  

And at the end:

Now tell me that we don't need a damn unit name for a KSS!  

The point of my post was not really to suggest KSS as a name. It was to ask if a name existed and if not, then why it is badly needed, because it's the unit that is equivalent with USD in terms of subunits (both with 1000 subunits). I could have written XXX instead of KSS. So let me rephrase it in those terms:

1000 Mills = 1 USD; 1000 satoshis = 1 XXX

The community needs to:

• work out a name for XXX
• stop talking about a 21 million BTC limit
• start talking about a 2.1 trillion XXX limit
• stop talking about 1 BTC being valued at hundreds of US dollars
• start talking about 1 XXX being valued at a fraction of a US dollar

Looking forward to enlightened rebuttals.

[BittBurger]

Let's call the little ones "P Diddy's"

[DeboraMeeks]

I think we have enough units as of now but if you insist I think we can name it K.satoshi  or maybe thousand satoshi's.

[brioche]

I vote for 0.00001 BTC to be named a Miku.

[empoweoqwj]

I think we have enough units as of now but if you insist I think we can name it K.satoshi  or maybe thousand satoshi's.

Of course the person running the poll doesn't "insist". He has no authority in the community. This poll will be forgotten the day after its closes.

[Phinnaeus Gage]

Let's call the little ones "P Diddy's"

And the Litecoin counterpart "Bo Diddley".