ISA
Newbie
 Offline
Activity: 52
Merit: 0
|
 |
May 22, 2011, 11:34:47 PM
Last edit: June 15, 2018, 12:44:19 AM by ISA |
|
Satoshi!
1 BTC = 0,001 SAT
1 SAT = 1000 BTC
Like! Easy.
|
|
|
|
|
fabianhjr
Sr. Member
Offline
Activity: 322
Merit: 250
Do The Evolution
|
|
May 23, 2011, 01:38:06 AM |
|
Million = 1,000,000 BTC
Thousand = 1,000 BTC
Bitcoin = 1 BTC
Bitcent = 0.01 BTC
MilliBitcoin = 0.001 BTC <- Current value ~7/10 cents.
MicroBitcoin = 0.000001 BTC
|
|
|
|
IApplaudBitcoin
Newbie
Offline
Activity: 7
Merit: 0
|
|
May 23, 2011, 04:26:24 AM |
|
The world has never seen a currency that was divisible further than .01. This is actually a very interesting issue to me. Here is a few that may work.
0 decimal place - 1 - Bitcoin - BTC
3 decimal place - .001 - Token - mBTC
6 Decimal place - .000001 - Tidbit - µBTC
8 decimal place - .00000001 - Waif - wBTC
Waif is a word for stray or single. I thought it would be appropriate for the smallest denomination of bitcoin.
|
|
|
|
|
IApplaudBitcoin
Newbie
Offline
Activity: 7
Merit: 0
|
|
May 23, 2011, 04:29:59 AM |
|
I could just see the financial news one evening saying: "the DOWJONES industrial average ended the day a 'littlebit' higher today, but this is still down from 'quiteabit' yesterday.
|
|
|
|
|
Natanji
Newbie
Offline
Activity: 9
Merit: 0
|
|
May 23, 2011, 06:50:59 AM |
|
I just wanted to throw in "NIbble" because it sounds cute. Plus it stands for a half-byte so what the hell. ^^ But I'm not gonna register on that strange Bonus site since even when logging in with OpenID you need to create an account, which I think totally goes against the idea of OpenID.  If you like my idea, feel free to send a few Nibbles my way: 165xtcXSciSXg32y6X43xd81PAqNVGnGzb. |
|
|
|
|
BitcoinBonus (OP)
Newbie
Offline
Activity: 46
Merit: 0
|
|
May 23, 2011, 01:16:29 PM |
|
So its now Monday the world over and the votes are all in at Bitcoin Bonus. Here's the final list there: zibit ubitcoin TriBit (2) Tiny-Bit tidbit tBit - pronounced tee-Bit; t as in one thousandth of a BitCoin smilibit nibit Nibble nanocoin m฿ mint Milth millie(s) millicoin (  millicent milliBitty Millibitcoin milliBit (mB) (15) millebit millcoin MillBit milicoin milibit MiliBit miliBC milbtc MilBits mil Microcoin (2) mic mBTC og 1000-parts mBitcoin MBC (pronounced like the letters) m1, 2m etc. Little Penny Bitcoin Litbit (3) Kris groat Free farthing do bit - at this small size it's no longer a question of value but principles - what will you do in the world with a tiny little influence? credit Bity BittyCoin BittyCent bitty bitlet (then 0.01 is a bitlet, then 0.01 is a bit, then 1.0 is a bitcoin) Bitty (plural form: Bitties) (2) Bitping bitney bitmillit BitMillen bitmill, bitmile(11) Bitmi bitly bitli Bitlet (3) bithun Bithou BitDots bitcoinmill Bitcoin is very good. Bitcoin atom Bitchit bitcent (2) BitByte (2) bitbit (4) Bitbat Bit-Tot Bit-Mini bit-hundredth bit BB bantam bit BajtCent Amir A bitpence A bitk, pronounced bit-kay. Simple, short, and 1000 bitk would be one bitcoin. A bitillion 1 Milicoin = 0.001 BTC 0,001 bitz So with that, we had 15 votes for milliBit: it is the winner, although it will likely be abbreviated down to be Mill/Mille as Gavin suggested. zeploum was the first to suggest this, along with 'mille' Congratulations! I'm also awarding AntiVigiliate 5 BTC for his suggestion of Do Bit. I'll likely use that at times in the hopes that it becomes an informal name for 0.001 BTC, the same way that we have crown, farthing, sovereign and guinea for Pound, or Buck for Dollar. I like whoever suggested "hopefully 1 Dollar"! Thanks for everyones thoughts and helpful suggestions. Let the Network Effect take over from here and lets see what sticks! |
|
|
|
|
BitcoinsWallet
Member
Offline
Activity: 70
Merit: 10
|
|
May 23, 2011, 01:20:47 PM |
|
Great option, BitcoinBonus  |
|
|
|
|
AntiVigilante
Member
Offline
Activity: 98
Merit: 10
|
|
May 23, 2011, 01:23:56 PM |
|
Thx  Made my morning to be down $.17 in 'valium' and 5 BTC up in 'howmuchigots'. |
|
|
|
|
d3m0n1q_733rz
|
|
June 04, 2011, 12:02:00 PM |
|
Has anyone even considered a bitpip? The other currencies are like penny, nickel and dime; shouldn't we go with the next smaller pip?
|
Funroll_Loops, the theoretically quicker breakfast cereal! Check out http://www.facebook.com/JupiterICT for all of your computing needs. If you need it, we can get it. We have solutions for your computing conundrums. BTC accepted! 12HWUSguWXRCQKfkPeJygVR1ex5wbg3hAq |
|
|
skysurfer808
Newbie
Offline
Activity: 11
Merit: 0
|
|
June 04, 2011, 04:48:30 PM |
|
I like millibit myself.
As said before it lends itself to be used a millie, and could end up being a common transaction amount.
1 Bitcoin
.01 Bitcent
.001 Millibit
and so forth.
Skysurfer808
|
|
|
|
|
|
Freakin
|
|
June 04, 2011, 05:28:28 PM |
|
I propose we call them Bints
|
|
|
|
|
IIOII
Legendary
Offline
Activity: 1153
Merit: 1012
|
|
June 04, 2011, 05:57:14 PM |
|
Bitcoinbonus is probably a scam - my BTC for registration have not been paid since days and now the bonus has simply been cut to a quarter of the original value  |
|
|
|
|
|
defxor
|
|
June 04, 2011, 07:18:01 PM |
|
So with that, we had 15 votes for milliBit: it is the winner, although it will likely be abbreviated down to be Mill/Mille as Gavin suggested.
It's the most sane name. Calling them "mill" or "millies" risk causing confusion with "million" though (esp. if capitalizing!). As suggested in another thread, mBit ("embit" - two syllables) sounds nice. |
|
|
|
|
|
btcLottery
|
|
June 04, 2011, 09:43:09 PM |
|
I got a few thoughts here...
First of all, I know there is an understandable move to NOT using actual currency denominations, "cents" "pennies" "dimes". Most of us will be very comfortable with this, but there are many who use other currencies, who may not. Also, aren't we semi-revolting against paper/coin currencies?
Second: Making up names like "bitmil" or "bitsies" or whatever will be very confusing, because in basic conversation, it may take a very long time of regular use before we become that comfortable with whether a "bitsie" is .001 or .0001 or .00001.
Therefore I suggest using more of a route of what we do when we use base numbering systems larger than base 10. We go to letters.
Therefore,
a-bit = .1 btc
b-bit = .01 btc
c-bit = .001 btc
d-bit = .0001 btc
e-bit = .00001 btc
f-bit = .000001 btc
g-bit = .0000001 btc
h-bit = .00000001 btc
i-bit = .000000001 btc
j-bit = .0000000001 btc
In every instance, we keep the "bit" nomenclature, and also use the letter to easily identify how many decimal places are needed.
What do you guys think?
|
|
|
|
MoonShadow
Legendary
Offline
Activity: 1708
Merit: 1010
|
|
June 04, 2011, 10:02:06 PM |
|
Phoneticly that can be confusing. But using a phonetic alphabet would work...
Bitcoin
.1 = Alphabit
.01 = Bravobit/Betabit
.001 = Charliebit/Gammabit
and so on.
|
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
|
|
|
Crs
Member
Offline
Activity: 107
Merit: 10
|
|
June 04, 2011, 10:10:28 PM |
|
0.001 BTC=1 minicoin
|
|
|
|
|
AntiVigilante
Member
Offline
Activity: 98
Merit: 10
|
|
June 04, 2011, 10:47:00 PM |
|
Bitcoinbonus is probably a scam - my BTC for registration have not been paid since days and now the bonus has simply been cut to a quarter of the original value You have to claim the bonus. And the bounty for this is paid. |
|
|
|
IIOII
Legendary
Offline
Activity: 1153
Merit: 1012
|
|
June 05, 2011, 12:07:57 AM |
|
Bitcoinbonus is probably a scam - my BTC for registration have not been paid since days and now the bonus has simply been cut to a quarter of the original value You have to claim the bonus. And the bounty for this is paid. I'm not referring to the naming-whatever-bounty - I'm referring to the registration bonus which I claimed days ago and was BTC 0.02 at that time, but now has been changed to BTC 0.005. Its status is still "pending". Well that's not much BTC, but I still would appreciate this site paying what has been promised.  |
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
|
June 05, 2011, 04:38:34 AM |
|
j-bit .... sounds like something you might find on the silk road (not that I've ever been there)
If the decimal place moves 6 places to the right as described in the other thread then this is a moot discussion, as fun as it is. Then we go back to super-naming instead of sub-naming.
|
|
|
|
|
gigitrix
|
|
June 07, 2011, 02:22:40 AM |
|
Where has this bloody dobit thing come from all of a sudden? SI makes instinctive sense to most of the world: why would you ruin that? Just as we talk in megahashes, millibitcoins is the future. It's not creating some confusing new scheme, it's purely logical.
|
|
|
|
|
|
