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Topic: [brainstorm then a vote] Nickname mBTC! (Read 2567 times)

hero member
Activity: 505
Merit: 512
El sueño de la razón produce monstruos
June 26, 2013, 06:52:13 AM
#44
..ideas on possible nicknames for mBTC.
- "Sato".   
Satoshi - 10^-8, and Sato - 10^-3.
sr. member
Activity: 341
Merit: 250
i always thought they were called bitmills but is taht something else? im confused
legendary
Activity: 3710
Merit: 1586
A one syllable word is most likely to gain common usage.

100% agreed.  Off the top of my head, I can't think of any currency, denomination, or denomination nickname which contains more than 2 syllables.  Dollar, buck, cent, pence, pound, yuan, yen, franc, euro, ruble, peso, bitcoin .... "bit"  Wink

Yuan is actually Renminbi. 3 syllables there. But, yes, the vast majority are 2 syllables or less. Personally I prefer we use Satoshis and avoid the decimal point entirely.
legendary
Activity: 3472
Merit: 4801
Q:  Which of the following sounds better to the AVERAGE person:

Your meal comes to 2.5 ________.  

a)  bitmills
b)  millibitcoins
c)  millibits
d)  "m.b.t.c's"
e)  bits

Yes, a subjective question, but I think it's safe to assume a poll of the general population would show a preference for "bits" 9 out of 10 times - possibly more.

Nah, if you insist on a one syllable word, use mils. Far too much use of "bits" in the world already, you're just adding to the confusion:

http://en.wikipedia.org/wiki/Bit_%28money%29

Quote
In the United States, the bit is equal to 1/8th of a dollar or 12.5 cents.
Quote
the Danish West Indies used stamps denominated in bits and francs with 100 bits to the franc; the lowest value was five bits
Quote
Britain, Ireland and parts of the former British Empire, where before decimalisation a British-style currency of "pounds, shillings and pence" was in use, the word "bit" was used differently. Rather than representing a specific monetary value, it was applied colloquially to a range of low-denomination coins in the sense of "coin" or "piece of money".

member
Activity: 74
Merit: 10
A one syllable word is most likely to gain common usage.

100% agreed.  Off the top of my head, I can't think of any currency, denomination, or denomination nickname which contains more than 2 syllables.  Dollar, buck, cent, pence, pound, yuan, yen, franc, euro, ruble, peso, bitcoin .... "bit"  Wink
hero member
Activity: 772
Merit: 501
if mBTC's are going to be the denomination used in everyday commerce, it would be a dire hinderance to mass adoption to call them any of the metric-derived proposed names.

Branding.  Branding.  Branding.  Branding.  

"bit"

ƀ100.00 = 0.1 BTC

1000 bits in a bitcoin.

I don't know if I agree, but that's a good argument +1
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Another word is "mils" which has been used in several countries where the main currency unit was divided into thousandths. A one syllable word is most likely to gain common usage.


full member
Activity: 216
Merit: 100
A bit silly question, but how about mbit or mb?
sr. member
Activity: 420
Merit: 250
Q:  Which of the following sounds better to the AVERAGE person:

Your meal comes to 2.5 ________.  

a)  bitmills
b)  millibitcoins
c)  millibits
d)  "m.b.t.c's"
e)  bits

Yes, a subjective question, but I think it's safe to assume a poll of the general population would show a preference for "bits" 9 out of 10 times - possibly more.
Well, in my opinion, c. "Bits" would sound good, but it's already taken as a commonly used term in technology.
member
Activity: 74
Merit: 10
Q:  Which of the following sounds better to the AVERAGE person:

Your meal comes to 2.5 ________.  

a)  bitmills
b)  millibitcoins
c)  millibits
d)  "m.b.t.c's"
e)  bits

Yes, a subjective question, but I think it's safe to assume a poll of the general population would show a preference for "bits" 9 out of 10 times - possibly more.
legendary
Activity: 3710
Merit: 1586
em bee tea see
full member
Activity: 156
Merit: 100
If this is life , then I prefer death !
milisats, lil' toshis,tinytoshis, lilsats
legendary
Activity: 3472
Merit: 4801
- snip -
am constantly astounded by how many times the exact same things get discussed on this forum.

Have you never participated on a popular forum before?
full member
Activity: 168
Merit: 100
Micro-Bitcoin

No - Micro indicates 10^-6
full member
Activity: 215
Merit: 105
Poorer than I ought to be
It's a bitmill or btm - has been since April 2011 or so - stop trying to reinvent the wheel.  If you want to use mBTC fine - but i'll always call it a bitmill and use btm to abbreviate.

That said - yes it's a bitmill to me - but I really don't think it matters all that much and am constantly astounded by how many times the exact same things get discussed on this forum.
hero member
Activity: 630
Merit: 500
I was thinking millibit before I even opened the thread, and that appears to be the general consensus (well at least amongst the few of us commenting).
legendary
Activity: 1002
Merit: 1000
Bitcoin
millibit

+1

plain and simple short for millibitcoin !
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
mini coin
bitcarat
legendary
Activity: 1008
Merit: 1000
a "gavin"
member
Activity: 74
Merit: 10
if mBTC's are going to be the denomination used in everyday commerce, it would be a dire hinderance to mass adoption to call them any of the metric-derived proposed names.

Branding.  Branding.  Branding.  Branding.  

"bit"

ƀ100.00 = 0.1 BTC

1000 bits in a bitcoin.
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