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Author Topic: is it official?  (Read 2589 times)
caribbeanbitcoiner
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October 25, 2014, 02:12:23 AM
 #1

XBT is going to be the official sign for Bitcoins?
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R2D221
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October 25, 2014, 02:24:34 AM
 #2

Are you asking or asserting?

An economy based on endless growth is unsustainable.
franky1
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October 25, 2014, 02:25:03 AM
 #3

XBT is going to be the official sign for Bitcoins?

official as in the corporation that manages the ISO's has authorized it.. or official because you read it in some article that people are thinking of using it..

source please

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Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
caribbeanbitcoiner
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October 25, 2014, 02:28:48 AM
 #4

Are you asking or asserting?

I'm Asking.
franky1
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October 25, 2014, 02:33:03 AM
 #5

Are you asking or asserting?

I'm Asking.

edit your first post and change the title to "is it official?"

and the answer so far today, is no

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Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
worle1bm
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October 25, 2014, 02:49:00 AM
 #6

No, that is not official.

Eisenhower34
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October 25, 2014, 03:17:48 AM
 #7

Are you asking or asserting?

I'm Asking.
There is no authority that controls this. Therefore it would never be "official" that the "sign" for bitcoin will be changed.

The only way this would ever be "official" is if the community/market participants start to use this as a whole
caribbeanbitcoiner
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October 25, 2014, 03:38:14 AM
 #8

Are you asking or asserting?

I'm Asking.
There is no authority that controls this. Therefore it would never be "official" that the "sign" for bitcoin will be changed.

The only way this would ever be "official" is if the community/market participants start to use this as a whole

If the bigger exchanges push the new sign. Wouldn't it change in time?
btc-facebook
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October 25, 2014, 03:51:08 AM
 #9

Are you asking or asserting?

I'm Asking.
There is no authority that controls this. Therefore it would never be "official" that the "sign" for bitcoin will be changed.

The only way this would ever be "official" is if the community/market participants start to use this as a whole

If the bigger exchanges push the new sign. Wouldn't it change in time?
Not necessarily, but maybe. I don't think the exchanges really have that much influence as to how bitcoin is measured nor how bitcoin is "displayed"

I would say that merchants would have more influence and in turn coinbase/bitpay would have influence that may be able to "change" how people "look" at a unit of measure of bitcoin

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teukon
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October 25, 2014, 03:59:41 AM
 #10

There is no authority that controls this.

I'm pretty sure OP is referring to currency codes.  In this case, the appropriate "office" is the International Organisation for Standardisation (ISO) and XBT will be the "official" currency code for bitcoin precisely if/when this organisation declares it to be so.
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October 25, 2014, 04:11:37 AM
 #11

Was out of network for couple of week. And when I get back, the first news I hear that XBT is the new sign !!!! Are you f*******kidding me.

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October 25, 2014, 05:49:13 AM
 #12

Why Bitcoin Needs an ISO-Certified Currency Code

http://www.coindesk.com/bitcoin-needs-iso-certified-currency-code/


soon.

chennan
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October 25, 2014, 06:17:12 AM
 #13

At some extent it can be called "official" due to being accepted as an ISO-Certified Currency Code. Most ppl are still trusting this type of central authority.It definitely will increase the adoption of bitcoin.

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bigbadwolf111
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October 25, 2014, 06:24:50 AM
 #14

Was out of network for couple of week. And when I get back, the first news I hear that XBT is the new sign !!!! Are you f*******kidding me.

LOL... why? What is the problem with it?
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October 25, 2014, 07:30:04 AM
 #15

This would have to be accepted by the community. Even if it is declared official people like us, you and me will have to start to talk and use btc instead of xbt.

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October 25, 2014, 08:06:29 AM
 #16

No NO No Its Not Official...

Skeksis
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October 25, 2014, 10:02:56 AM
 #17

There is no authority that controls this.

I'm pretty sure OP is referring to currency codes.  In this case, the appropriate "office" is the International Organisation for Standardisation (ISO) and XBT will be the "official" currency code for bitcoin precisely if/when this organisation declares it to be so.

Yeh, this isn't for the bitcoin community to decide but whoever controls the currency codes. Is BTC already taken or can it not be used? If so XBT would be fine I suppose, but I prefer BTC.
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October 25, 2014, 10:11:35 AM
 #18

Just because XBT is an ISO for bitcoin doesn't mean we can't use BTC or even BTC. It's easier to reffer from "BTC" to bitcoin that what it is to do so from "XBT". Some exchanges are now using XBT as their ticker and exchange symbol, but it doesn't really make a difference. I guess people will keep using BTC for the reason I mentioned above.














 

 

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romerun
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October 25, 2014, 10:17:46 AM
 #19

Yes, it's official in kraken
mcsunsetbtq123
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October 25, 2014, 10:18:30 AM
 #20

Why Bitcoin Needs an ISO-Certified Currency Code

http://www.coindesk.com/bitcoin-needs-iso-certified-currency-code/


soon.
Thanks for your useful information. It's great news to me Smiley
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