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Question: Which do you feel is the "best" name to uniquely identify the 0.0001 BTC unit?
1 bip = 0.0001 BTC
1 bit = 0.0001 BTC
1 finney = 0.0001 BTC
1 nakamoto = 0.0001 BTC

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Author Topic: Name the 0.0001 BTC unit - Final Poll  (Read 6881 times)
jonanon
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January 10, 2014, 07:56:33 AM
 #61

There seem to be no suitable options in this poll, sad as I firmly believe each unit should a different name  Embarrassed
empoweoqwj
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January 10, 2014, 11:15:29 AM
 #62

a "blip"
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January 10, 2014, 11:36:50 AM
 #63

a "blip"

Can we start a new poll for my suggestion?  Grin

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Sander22
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January 10, 2014, 05:24:03 PM
 #64

No need for that.

Just use one of these:
0.1 mBTC
100 μBTC
westkybitcoins (OP)
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January 10, 2014, 06:48:33 PM
 #65

Under 12 hours left! The poll numbers are a lot closer than expected; any of the four proposals could still come out on top, so every vote counts right now.

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.
novusordo
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January 10, 2014, 06:54:28 PM
 #66

No need for that.

Just use one of these:
0.1 mBTC
100 μBTC

SI units are where it's at, people. Unless you're living in the US, that should be obvious.


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exstasie
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January 10, 2014, 08:48:48 PM
 #67

Definitely have to be 1 bit = 0.0001 BTC

Need somethign that is clear and concise.

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January 10, 2014, 09:32:15 PM
 #68

The last leg of the contest to propose a name for the 0.0001 BTC unit is now underway. Details follow...

Please read carefully:

The four highest-voted names from the prior poll are up for voting. You only get one vote, and again, your vote cannot be changed. At the end of the voting period, the highest-voted name will be declared the winner, and the submitter will be contacted to receive their 0.1 BTC prize.

In the interest of time, the voting period will be roughly 48 hours. The voting on this poll will be closed at 23:59:59 CST on Friday night, January 10.

It's otherwise pretty straightforward, but anyone interested can review the original thread and the first poll.

For those curious about each name's origins:

bip - This name stems from the financial term "basis point". With a bp being 1/100 of 1%, numerically it works out to the same fractional amount, even though it has a different meaning.

bit - The original monetary bit referred to an amount commonly used in the colonial U.S., specifically 12.5 cents (1/8 of a Spanish dollar from the era.)

finney - This name was suggested in honor of Hal Finney, whose noteworthiness with regards to his contributions to Bitcoin and cryptography in general can be explored in this thread (and is summarized in his wikipedia page.)

nakamoto - Obviously a complementary name to "satoshi."


With that, the final poll of this contest begins; vote away, and again, may the best name win!


Quote from: Credits
bip - arcke
bit - jakioflap
finney - bassclef
nakamoto - HairyMaclairy


If we weren't around for the first poll or thread how can we contribute an equal vote and or idea? I have ideas to present but why not include the opinions/options of some of us who for one reason or another weren't around for the first poll? I would like to place a vote, but I would rather present my own opinion for the name of the unit and get the opportunity to get my choice voted on as well. I think the fact that even the first poll is "set in stone" is ridiculous considering the first thread and poll aren't even a week old.
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January 10, 2014, 10:01:34 PM
 #69

How about "finn"
Nice and short.
westkybitcoins (OP)
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January 10, 2014, 11:43:59 PM
 #70

If we weren't around for the first poll or thread how can we contribute an equal vote and or idea? I have ideas to present but why not include the opinions/options of some of us who for one reason or another weren't around for the first poll? I would like to place a vote, but I would rather present my own opinion for the name of the unit and get the opportunity to get my choice voted on as well. I think the fact that even the first poll is "set in stone" is ridiculous considering the first thread and poll aren't even a week old.

The poll isn't going to force acceptance of a name, and you can always present your own ideas and alternatives on the forum. But if 0.0001 BTC is to become a commonly-used unit, it'll have to be because at least some portion of the community embraces it. I'm just trying to spark debate about the idea; there's no need to drag it out for months if no significant number of bitcoin users are interested. But if the interest is there, then I'm sure further discussions will ensue, and/or the unit will just start to be used, and some conventional name or term for it will be adopted.

TL;DR - This poll doesn't have to be the end; it's intended to be the beginning.

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.
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January 10, 2014, 11:56:33 PM
 #71

How about "finn"
Nice and short.
+1
Then again how does it sound in Finland ?

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January 11, 2014, 03:09:52 AM
 #72

No need for that.

Just use one of these:
0.1 mBTC
100 μBTC

SI units are where it's at, people. Unless you're living in the US, that should be obvious.

And where is μ on a keyboard? Has to be on a keyboard, sorry.
westkybitcoins (OP)
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January 11, 2014, 06:43:11 AM
 #73

And the winning name, 29.3% of the votes to the 24.8% of the runner-up:

One bit = 0.0001 BTC

The 0.1 BTC prize belongs to jakioflap for the initial proposal.

The acceptance of the name is still up in the air, of course; the final competition wasn't far behind vote-wise.

Congratulations on the win!

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.
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January 11, 2014, 06:50:22 AM
 #74

I am so very happy. Thank you all who voted!! Im going to use this win to hopefully start trading.

Thank you  westkybitcoins!  Kiss
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January 11, 2014, 06:53:42 AM
 #75

Bits (.0001) for now and Satoshis later. This works for me.
jonanon
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January 11, 2014, 07:54:35 AM
 #76

Well congratulations to the winner but that being said that has to be the most unimaginative name anyone could have ever come up with. Fingers crossed it won't stick!
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January 11, 2014, 08:14:20 AM
 #77

A "bit" is plain awful

1) Already in use in computation e.g 101111
2) Already in use in plain English "loan me a bit please" ...

Simply terrible choice. But hey, who cares Wink
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January 11, 2014, 02:33:04 PM
 #78

No need for that.

Just use one of these:
0.1 mBTC
100 μBTC

SI units are where it's at, people. Unless you're living in the US, that should be obvious.

And where is μ on a keyboard? Has to be on a keyboard, sorry.

Could just use 'u'.
Sander22
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January 11, 2014, 02:38:57 PM
 #79

No need for that.

Just use one of these:
0.1 mBTC
100 μBTC

SI units are where it's at, people. Unless you're living in the US, that should be obvious.

And where is μ on a keyboard? Has to be on a keyboard, sorry.

Could just use 'u'.

Or just say microbit, like mBTC=millibit
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January 11, 2014, 05:36:37 PM
 #80

And the winning name, 29.3% of the votes to the 24.8% of the runner-up:

One bit = 0.0001 BTC

The 0.1 BTC prize belongs to jakioflap for the initial proposal.

The acceptance of the name is still up in the air, of course; the final competition wasn't far behind vote-wise.

Congratulations on the win!


So 1 bit = .1 millibits Huh

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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