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Author Topic: What to call 0.001 BTC? (5 BTC Bounty)  (Read 54386 times)
apsvinet
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March 08, 2014, 01:59:02 PM
 #281

Our brains adapt.

After paying attention to all the decimal digits for all the relevant amounts for a few weeks, I became so used to mentally parse eight digits in the blink of an eye.

We can simply call 0.001 BTC, 0.001 BTC:)
This.
I found it really hard when I was new here to get a grip of what was what, I had to google which decimal was which etc.
Couple of weeks later ( now ) I don't have to think twice. The human brain is quite good, isn't it. :>

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March 08, 2014, 03:35:07 PM
 #282

Our brains adapt.

After paying attention to all the decimal digits for all the relevant amounts for a few weeks, I became so used to mentally parse eight digits in the blink of an eye.

We can simply call 0.001 BTC, 0.001 BTC:)
This.
I found it really hard when I was new here to get a grip of what was what, I had to google which decimal was which etc.
Couple of weeks later ( now ) I don't have to think twice. The human brain is quite good, isn't it. :>

Well, it's good with simple patterns - like 1, 0.1, 0.01, 0.001 etc. I suspect it'd be harder if the pattern was something like...
  • Arbitrary word chosen by members of an online forum #1
  • Arbitrary word chosen by members of an online forum #2
  • Arbitrary word chosen by members of an online forum #3
  • ...etc... Wink

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apsvinet
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March 08, 2014, 03:49:03 PM
 #283

Our brains adapt.

After paying attention to all the decimal digits for all the relevant amounts for a few weeks, I became so used to mentally parse eight digits in the blink of an eye.

We can simply call 0.001 BTC, 0.001 BTC:)
This.
I found it really hard when I was new here to get a grip of what was what, I had to google which decimal was which etc.
Couple of weeks later ( now ) I don't have to think twice. The human brain is quite good, isn't it. :>

Well, it's good with simple patterns - like 1, 0.1, 0.01, 0.001 etc. I suspect it'd be harder if the pattern was something like...
  • Arbitrary word chosen by members of an online forum #1
  • Arbitrary word chosen by members of an online forum #2
  • Arbitrary word chosen by members of an online forum #3
  • ...etc... Wink
I suppose.
But still, had we had those words chosen by members of an online forum from the start of bitcoins, we wouldn't have had anything to say against it today to be honest, our brains would've adapted to that just like we do to the decimals. But changing it now? No thanks.

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March 08, 2014, 03:56:47 PM
 #284

I suppose.
But still, had we had those words chosen by members of an online forum from the start of bitcoins, we wouldn't have had anything to say against it today to be honest, our brains would've adapted to that just like we do to the decimals. But changing it now? No thanks.

To be honest, I think if Bitcoin had used arbitrary words I probably would have walked away without digging deeper - "the rest of the (finance) world copes just fine with thousands and 0.001, why should I have to learn some hacker jargon in order to use Bitcoin?" (Obviously some learning is necessary, but we should aim to reduce it to what's necessary, not what's cute or what we think is easy to understand).

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apsvinet
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March 08, 2014, 04:03:23 PM
 #285

I suppose.
But still, had we had those words chosen by members of an online forum from the start of bitcoins, we wouldn't have had anything to say against it today to be honest, our brains would've adapted to that just like we do to the decimals. But changing it now? No thanks.

To be honest, I think if Bitcoin had used arbitrary words I probably would have walked away without digging deeper - "the rest of the (finance) world copes just fine with thousands and 0.001, why should I have to learn some hacker jargon in order to use Bitcoin?" (Obviously some learning is necessary, but we should aim to reduce it to what's necessary, not what's cute or what we think is easy to understand).
I suppose you're right, it's not exactly inviting if arbitrary words were used. When I think
about it I come to the same conclusion as you did, I probably would've just walked away
as well. Good point, +1.

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March 08, 2014, 04:10:20 PM
 #286

What about 1 Bitty?

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March 08, 2014, 04:21:54 PM
 #287

I suppose.
But still, had we had those words chosen by members of an online forum from the start of bitcoins, we wouldn't have had anything to say against it today to be honest, our brains would've adapted to that just like we do to the decimals. But changing it now? No thanks.

To be honest, I think if Bitcoin had used arbitrary words I probably would have walked away without digging deeper - "the rest of the (finance) world copes just fine with thousands and 0.001, why should I have to learn some hacker jargon in order to use Bitcoin?" (Obviously some learning is necessary, but we should aim to reduce it to what's necessary, not what's cute or what we think is easy to understand).

"Hacker" jargon....really?...you sound like a fool.  Hacking has nothing to do with bitcoin, or a name for 0.001 BTC
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March 08, 2014, 04:27:05 PM
 #288

I suppose.
But still, had we had those words chosen by members of an online forum from the start of bitcoins, we wouldn't have had anything to say against it today to be honest, our brains would've adapted to that just like we do to the decimals. But changing it now? No thanks.

To be honest, I think if Bitcoin had used arbitrary words I probably would have walked away without digging deeper - "the rest of the (finance) world copes just fine with thousands and 0.001, why should I have to learn some hacker jargon in order to use Bitcoin?" (Obviously some learning is necessary, but we should aim to reduce it to what's necessary, not what's cute or what we think is easy to understand).

"Hacker" jargon....really?...you sound like a fool.  Hacking has nothing to do with bitcoin, or a name for 0.001 BTC

A hacker is someone - in IT - who "hacks" (creates and modifies) code (as opposed to a "cracker", who breaks into IT systems). Regardless, this is about perceptions - not necessarily our perceptions, but the perceptions of people not yet using Bitcoin. Jargon is off-putting. Foolish, even.

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apsvinet
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March 08, 2014, 04:35:05 PM
 #289

I suppose.
But still, had we had those words chosen by members of an online forum from the start of bitcoins, we wouldn't have had anything to say against it today to be honest, our brains would've adapted to that just like we do to the decimals. But changing it now? No thanks.

To be honest, I think if Bitcoin had used arbitrary words I probably would have walked away without digging deeper - "the rest of the (finance) world copes just fine with thousands and 0.001, why should I have to learn some hacker jargon in order to use Bitcoin?" (Obviously some learning is necessary, but we should aim to reduce it to what's necessary, not what's cute or what we think is easy to understand).

"Hacker" jargon....really?...you sound like a fool.  Hacking has nothing to do with bitcoin, or a name for 0.001 BTC

A hacker is someone - in IT - who "hacks" (creates and modifies) code (as opposed to a "cracker", who breaks into IT systems). Regardless, this is about perceptions - not necessarily our perceptions, but the perceptions of people not yet using Bitcoin. Jargon is off-putting. Foolish, even.
This this and this again. Quoting to show that I agree, lol.
You won't get people interested if you're gonna use silly made up words to describe fractions of your currency.

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March 08, 2014, 06:08:52 PM
 #290

Thit or tit


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March 08, 2014, 06:14:52 PM
 #291

I like the Dorian suggestion I heard on Reddit.
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March 08, 2014, 06:57:35 PM
 #292

Should call 0.001 btc a "gox".  Why?  Because it is representative of the highest percentage of coins that one could expect to get back from gox.
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March 08, 2014, 08:51:05 PM
 #293

Bitcoin needs a cockney rhyming slang for all the statoshis. In cockney £20 is a score, £25 is a pony, £100 is a tonne, £500 is a monkey and £1000 is a grand.

How about naming 10 satoshi is a Finney, 100 satoshi is a Zimmerman, 1000 is a Szabo, 10,000 a Nakamoto etc
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March 08, 2014, 08:56:30 PM
 #294

call it a TIT!!! hey buddy just mined a TIT today. Send me a TIT . or for 0.01 you could say tittes  Grin ha ha ha No but serious send me 23 Titties to 1DsQoZVSEaGTkPNCGmZJZruy1F9R5C2JCi thank you in advance

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March 08, 2014, 09:18:46 PM
 #295

Dorian all the way
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March 08, 2014, 10:56:16 PM
 #296

Bitcoin needs a cockney rhyming slang for all the statoshis. In cockney £20 is a score, £25 is a pony, £100 is a tonne, £500 is a monkey and £1000 is a grand.

Can you explain the rhymes here? I can't figure them out.

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apsvinet
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March 08, 2014, 11:13:06 PM
 #297

Bitcoin needs a cockney rhyming slang for all the statoshis. In cockney £20 is a score, £25 is a pony, £100 is a tonne, £500 is a monkey and £1000 is a grand.

Can you explain the rhymes here? I can't figure them out.
Quite interesting, I can't seem to grasp it either. Care to explain?

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March 08, 2014, 11:33:48 PM
 #298

Should call 0.001 btc a "gox".  Why?  Because it is representative of the highest percentage of coins that one could expect to get back from gox.
Hmmmm a sound concept Grin

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March 08, 2014, 11:54:53 PM
 #299

Call it a shine.
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March 08, 2014, 11:55:59 PM
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