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Author Topic: What to call 0.001 BTC? (5 BTC Bounty)  (Read 54314 times)
Inaba
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May 25, 2012, 11:51:18 AM
 #181

Yeah, I think I agree... keeping the bit suffix is the way to go. 

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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BrightAnarchist
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May 25, 2012, 02:17:06 PM
 #182

I think that this discussion is not very relevant, because general public will decide which option is the best anyway because of Network Effects.

After one option is selected by the most of people, there will be no stopping it.

This. True.

BTW just realized than denominatons of 10K BTC could be called "pizzas" Smiley
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May 25, 2012, 02:47:40 PM
 #183

BTW just realized than denominatons of 10K BTC could be called "pizzas" Smiley

This I like very much.

Busy ATM.
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May 30, 2012, 06:51:41 PM
 #184

Millbit? I think that's the most realistic
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May 30, 2012, 07:00:59 PM
 #185

millibit.

Accurate, easy, and short. 

Also the nice thing is that since bit (general nonbitcoin word) is a discrete unit there is no such concept of sub bit.  Therefore without spelling out "coin" it becomes disambiguous that the speaker is talking about only bitcoin.

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Recently I had a falling price auction where the price of a new BFL Single fell by 2 millibits per minute. Smiley
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May 30, 2012, 07:04:48 PM
 #186

Keep the bitcoins accord with the International System of Units.
So everybody will know how to call 0.001 Btc ,1 miliBtc.

Much easier for everyone and easier for globalisation.

Bitcoin adress:1HtrosDCEM3zMJ1RbsK9g4vpe3DTotBhVh


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Matthew N. Wright
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May 30, 2012, 07:05:02 PM
 #187

I'm not sure what to call these things, but if you ever get around to naming 1 millionth of a bitcoin (0.000001) I get dibs on the name "Microshi".

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May 30, 2012, 07:17:32 PM
 #188

I'm not sure what to call these things, but if you ever get around to naming 1 millionth of a bitcoin (0.000001) I get dibs on the name "Microshi".

And I get first dibs on calling the time period between February and June a "Mag".

~Cackling Bear~

PS: Glad to Matthew as his old self with him uploading another stupid avatar in 3...2...
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May 31, 2012, 12:46:11 AM
 #189

I guess I thought people were already referring to them as millibits.

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May 31, 2012, 05:24:58 AM
 #190

I've only seen bitmil and btm used, but in the end both millibit and bitmil keep to measurements and are easy to tell


maybe something like this?

0.01btc - bitcent - centibit - MEGA SATOSHI!   
0.001btc - bitmil - millibit
0.0001btc - 10 kilosat - 0.1 bitmil/millbit
0.00001btc - Kilosat
0.000001btc - bitmicro - microbit
0.0000001btc - 10 satoshis
0.00000001btc - satoshi

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ribuck
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May 31, 2012, 09:00:28 AM
 #191

0.001 BTC = "one milliBTC" or one Millie
0.000001 BTC = "one microBTC" or one Mike
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May 31, 2012, 08:01:09 PM
 #192

+1 for satoshi based naming. I prefer names that refer to multiples of satoshis rather that fractions of bitcoin. In example; Product X is on sale for 13 Kilo-Satoshis, which will over time be shortened to 13 Kilo-Satosh, 13 Kilo-Sats, 13 kS etc.

 

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May 31, 2012, 09:32:03 PM
 #193

+1 for satoshi based naming. I prefer names that refer to multiples of satoshis rather that fractions of bitcoin. In example; Product X is on sale for 13 Kilo-Satoshis, which will over time be shortened to 13 Kilo-Satosh, 13 Kilo-Sats, 13 kS etc.

 
Kilotoshis

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May 31, 2012, 09:57:56 PM
 #194

'Hey man.. got any S-Coin?!'

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June 01, 2012, 02:44:24 AM
 #195

A  lily  silly

(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
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June 01, 2012, 02:47:19 AM
 #196

ZERO POINT ZERO ZERO ZERO ONE BEE TEE CEE.
Not ambiguous at all. Tongue

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June 01, 2012, 02:47:53 AM
 #197

A  lily  silly

I vote for "lily silly".
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November 17, 2013, 06:07:12 PM
 #198

1 BTC = 100,000,000 satoshis
1 XBT = 100 satoshis

1 BTC = 1,000 mBTC = 1,000,000 XBT = 1M XBT = 1 MXBT
0.001 BTC = 1 mBTC = 1000 XBT = 1k XBT = 1 kXBT
0.000,001 BTC = 0.001 mBTC = 1 XBT

At the moment:

$1 = 2160 XBT = 2.16 mBTC
1000 XBT = 1 mBTC = $0.46
1 XBT = 0.001 mBTC = $0.00046

Phase out BTC over time, because it'll just be too big.

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November 17, 2013, 06:08:30 PM
 #199

Call it BTM = Bit Million , easy to remember : )
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November 23, 2013, 08:59:31 AM
 #200

Yep. Something like this ... giving the one hundred satoshi unit a specific name is a good way all around. Better hurry though I think the Foundation is already working on getting XBT into ISO currency definitions.

1 BTC = 100,000,000 satoshis
1 XBT = 100 satoshis

1 BTC = 1,000 mBTC = 1,000,000 XBT = 1M XBT = 1 MXBT
0.001 BTC = 1 mBTC = 1000 XBT = 1k XBT = 1 kXBT
0.000,001 BTC = 0.001 mBTC = 1 XBT

At the moment:

$1 = 2160 XBT = 2.16 mBTC
1000 XBT = 1 mBTC = $0.46
1 XBT = 0.001 mBTC = $0.00046

Phase out BTC over time, because it'll just be too big.

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