Topic: 1 Millibitcoin = 1 Millibit, 1 Bitcoin = 1 Bit, How could that be wrong? - page 2. (Read 2257 times)

OK. This is a valid point.

However, "millibit" is commonly accepted as short form of "millibitcoin", so, by the argument of similarity, one would assume that "bit" will be accepted as short form of "bitcoin".

1 millibit = 1 millibitcoin
1 bit = 1 bitcoin

your premise assumes that dogecoin and goldcoin are correct and represent standards that should be followed.

They're just alt digital currencies.  One being a huge joke.  I don't see why bitcoin must follow their lead.

all im reading from you is waffle and no logic in grammar.

bitcoin is bitcoin.... end of

i know i know you want to have a world where 100 satoshis is a bitcoin. but in your utopian dream of shouting to the world "i have a bitcoin" the rest of the world will just be laughing at you for only having 100 satoshi's..

you might aswell say in your utopian paradise that an ounce of gold is also a tonne and shout to the world you have several tonnes of gold, where in reality you only have a couple ounces

the world knows that a bitcoin is 100,000,000 satoshi's and so a bitcoin will always be 100,000,000 satoshis. and a bit.. (a totally separate word, will be a measurement of something smaller)

here is another examples.
an APP is not apple, an App is a small part of what apple is all about, apple has alot more involved then just APP's
and your use of millibits as your rebuttle
well applications uses the word app, but again an application is not Apple, its only part of Apple's infrustructure. so yes people have used words like app's, application's for years. that does not make app's or applications equal to Apple.

where as people have separated dogecoin and right from the start called them doge's and called terracoins terra's, etc, etc

bitcoin and litecoin are first generation cryptos and treated as single words.
all the other alts are the distant inbred cousins/copies and treated like double barrel names which are shortened off by taking the word coin away.
 

Bitcoin was named for "bit", which means "binary digit". It's one eighth of a byte.

So, the word "bitcoin" was created from "bit + coin" in the very same way like "goldcoin" was created from "gold + coin". I can't see a difference.

Also, there are a lot of people who say "millibit" for "millibitcoin", and 1 millibit is 1 thousandth of a bit(coin) in the very same way like 1 milligram is 1 thousandth of a gram.

I have to agree. Every since 2011, I've been calling a 'Bitcoin' a 'Bitcoin'. I've never said anything like a Bit, or anything like that for fun. Only if it's a unit of a Bitcoin, like a Satoshi, KBTC, or a MBTC.

1 doge coin = an alt called doge

1 gold coin = an alt called gold

but bitcoin is simply bitcoin its not a bit of a coin.. its just bitcoin..

no one in the last 5 years has said "i have 2 bits".. they have always said they have 2 bitcoin.  bitcoin is a single word.

yet the alt coins are hidden double barrel words. doge-coin (hidden meaning no - ) and so people can freely say doge, gold, feather, terra etc

 

I'm 100% on your side!
There's actually nothing to ask about it. There's no question.

1 Bitcoin = 1 Bit

However, there are quite a few people who think that 1 Bitcoin is not 1 Bit.

And I am complaining about these people.
That's what this thread is about.

Ok, I get the 1 dogecoin=1 doge, bitcoin=bit etc etc, but....what are you asking though???that's the real question.

In the crypto-currency space, there's a new tendency to drop the word "coin" and just call it whatever the coin was named for.

E.g.: DOGE was announced as "Dogecoin", but nowadays people just say "Doge".

The same holds true for most other coins, i.e.:

1 Duckcoin = 1 Duck
1 Goldcoin = 1 Gold
1 Bitcoin = 1 Bit



However, some people promote differently, which is confusing.

That's why I cleared things up.

The title says everything.

Discuss!