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Question: Should Havelock switch to bits? 1 BTC = 1,000,000 bits.  1 bit = 100 satoshi  (Voting closed: May 15, 2014, 01:58:26 PM)
Yes - 42 (51.2%)
No - 21 (25.6%)
Wait until it becomes the standard - 16 (19.5%)
Set the standard and switch - 3 (3.7%)
Total Voters: 82

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Author Topic: HAVELOCK - Switching to bits?  (Read 2811 times)
havelock (OP)
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May 08, 2014, 01:58:26 PM
 #1

Give us your input!

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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havelock (OP)
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May 08, 2014, 02:12:30 PM
 #2

Investing on Havelock: put 1 BTC, get back 1 bit.

You've been with us for a long time and you know you get back at least 2 bits. Let's at least keep the facts straight!

As long as you vote pankkake...

NotLambchop
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May 08, 2014, 02:29:31 PM
 #3

@havelock:

If people made money on your exchange, switching to bits would be awesome.  Testimonials like "I made millions on Havelock!1!!" <== pretty awesome PR Smiley

Of course, people come to you to lose money, so think "I lost millions on Havelock.  Again." <== not good PR Sad

Hope this helps.
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May 08, 2014, 02:45:48 PM
 #4

Why not just go straight to satoshis?

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May 08, 2014, 02:53:19 PM
 #5

Why not just go straight to satoshis?

Jeff Garzik actually made a good point for Bits - I still prefer the current system, but the arguments that he provided has swayed me more than other has yet -
http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html
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May 08, 2014, 03:14:35 PM
 #6

What's the difference between Yes and  Set the standard and switch ?
Anyway yes. ASAP

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May 08, 2014, 03:35:44 PM
 #7


so for example the funds list before and after might look something like this (with transitional? ghosting of leading zeroes)


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May 08, 2014, 04:33:22 PM
 #8

I absolutely hate that some of your lower priced securities like CBTC always show .0001 when in reality there is a huge difference from .0001 and .0002 that does not get displayed. This would be an excellent change.
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May 08, 2014, 05:04:54 PM
 #9

I absolutely hate that some of your lower priced securities like CBTC always show .0001 when in reality there is a huge difference from .0001 and .0002 that does not get displayed. This would be an excellent change.
+1
KarmaShark
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May 08, 2014, 08:44:13 PM
 #10

Fully support this change.
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May 08, 2014, 08:56:22 PM
 #11

Make both options available for users, some of us are quite comfortable with decimal numbers.

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May 09, 2014, 03:08:21 PM
 #12

I absolutely hate that some of your lower priced securities like CBTC always show .0001 when in reality there is a huge difference from .0001 and .0002 that does not get displayed. This would be an excellent change.

Leave it as prices quoted in bitcoins, but PLEASE stop rounding off after a few places! Just show the whole price out to 8 decimals.

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May 10, 2014, 05:48:26 AM
 #13

[X] Allow the user to choose BTC, mBTC, or µBTC.

I know this because Tyler knows this.
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May 10, 2014, 05:59:08 AM
 #14

If you understand the very basic fundamentals of btc, it shouldn't make any difference.

Of course, it will be hilarious to see all the clueless press reports of "BTC explodes to one million times value overnight!" When they (mis)report it. Lol
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May 13, 2014, 08:49:29 PM
 #15

[X] Allow the user to choose BTC, mBTC, or µBTC.

+1

"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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May 13, 2014, 10:04:21 PM
 #16

[X] Allow the user to choose BTC, mBTC, or µBTC.
+1
+1
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May 13, 2014, 10:11:36 PM
 #17

-0.3 +0.15%

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May 13, 2014, 10:27:36 PM
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-109 | 1.92 ?
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May 14, 2014, 01:13:54 AM
 #19

I support bits.  If dogecoin can handle big numbers so can we.
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May 14, 2014, 07:42:54 AM
 #20

I absolutely hate that some of your lower priced securities like CBTC always show .0001 when in reality there is a huge difference from .0001 and .0002 that does not get displayed. This would be an excellent change.

This is soooo true. I've run into that issue many times. The switch to bits would help change that, and it would also allow for more exact numbers. Even 0.00018 is very different from 0.00009. Erm, rather 90b vs 180b (I think is the right measurement?).

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