What to call 0.001 BTC? (5 BTC Bounty)

[Inaba]

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

[BrightAnarchist]

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"

[Blazr]

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

This I like very much.

[Liberty Payout]

Millbit? I think that's the most realistic

[DeathAndTaxes]

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.

Recently I had a falling price auction where the price of a new BFL Single fell by 2 millibits per minute.

[swissmate]

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.

[Matthew N. Wright]

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".

[Phinnaeus Gage]

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...

[Raize]

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

[drakahn]

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

[ribuck]

0.001 BTC = "one milliBTC" or one Millie
0.000001 BTC = "one microBTC" or one Mike

[bitlizard]

+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.

 

[LightRider]

+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

[bat1]

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

 

[Quantus]

A  lily  silly

[rjk]

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

[proudhon]

A  lily  silly

I vote for "lily silly".

[Pumpkin]

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.

[Beymond]

Call it BTM = Bit Million , easy to remember : )

[marcus_of_augustus]

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.