Denominating Bitcoin amounts | Bitcointalksearch.org

D.H.

sr. member

Activity: 311

Merit: 251

Bitcoin.se site owner

Quote from: Peter Lambert on March 28, 2013, 02:27:28 PM

I still like milliBits, I am going to abreviate them mB from now on. Who is with me?

The USD currently sells for about 10.5 mB.

Yeah, I like mB a lot better than mBTC too. Putting a prefix in front of the currency code always looked awkward to me, I've never seen that for other currencies.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: DataPlumber on March 28, 2013, 02:24:54 PM

Quote from: calian on March 28, 2013, 02:40:06 AM

Quote from: Spaceman_Spiff on March 27, 2013, 09:46:48 PM

Quote from: nobbynobbynoob on March 27, 2013, 09:30:29 PM

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

I don't get the logic for BTM. mBTC sounds way simpeler to me.

Bitmill sounds easier to say IMO.

"Millicoin"

I still like milliBits, I am going to abreviate them mB from now on. Who is with me?

The USD currently sells for about 10.5 mB.

DataPlumber

full member

Activity: 126

Merit: 100

Quote from: calian on March 28, 2013, 02:40:06 AM

Quote from: Spaceman_Spiff on March 27, 2013, 09:46:48 PM

Quote from: nobbynobbynoob on March 27, 2013, 09:30:29 PM

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

I don't get the logic for BTM. mBTC sounds way simpeler to me.

Bitmill sounds easier to say IMO.

"Millicoin"

jubalix

legendary

Activity: 2660

Merit: 1023

Quote from: Gabi on March 27, 2013, 08:08:37 AM

Quote

Most Americans don't understand the concept of metric prefixes

Then they better start using their brain and learn that.

Or stop using bitcoin because if they can't understand what milli or micro means, they clearly are unable to understand how to use bitcoins

Exactly, this is why US is going downhill (if it is) and they do use metric in some examples.

mBTC
uBTC
nBTC

is the way this is going.

but I think by then, we may be using LTC/TRC for daily transaction BTC for the big stuff/golde 2.0 reserve of BTC

or BTC client/BC will have forked to allow much faster transaction

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

I never liked the name either. It feels cheap. We could just rename it.

In fact, I usually just call them coins nowadays, in casual conversation.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: cbeast on March 28, 2013, 11:48:49 AM

I just never liked the name Bitcoin. Its one of those words that gets old fast and ever more irritating, like moist. Adding geeky metric prefixes doesn't help. Can't we tap into scifi literature for better names for these denominations? Even Quatloos has a better ring to it! Maybe it's just me.

Yep, it's just you Tongue

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

I just never liked the name Bitcoin. Its one of those words that gets old fast and ever more irritating, like moist. Adding geeky metric prefixes doesn't help. Can't we tap into scifi literature for better names for these denominations? Even Quatloos has a better ring to it! Maybe it's just me.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: Zangelbert Bingledack on March 28, 2013, 10:38:45 AM

100 BCT = 1 BTC

Are you trying to have all the dyslexic people loose all their money? I never liked BTC (we should be using the abbreviation XBC) but BCT is just plain horrible.

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

"Bitcents" is easiest.

100 bitcents = 1 bitcoin.

100 BCT = 1 BTC

the founder

sr. member

Activity: 448

Merit: 251

Bitcoin

It could go in the other direction as well.

10,000 BTC = Pizza

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: marhjan on March 28, 2013, 08:22:51 AM

Quote from: Spaceman_Spiff on March 27, 2013, 09:46:48 PM

Quote from: nobbynobbynoob on March 27, 2013, 09:30:29 PM

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

I don't get the logic for BTM. mBTC sounds way simpeler to me.

BTM is 3 letters mBTC is 4. Bitmill is easy to say, and many sites already incorporate it - it also is precisely the same thing but less scary for non-metric familiar users. IMHO the bitmill/BTM is here to stay

We don't say Litermill or metermill, it is milliliter and millimeter. The best way to do it is say millibit, or officially, the millibitcoin. The abreviation could be changed to mB if you think mBTC is too long.

solomon

full member

Activity: 120

Merit: 100

I've never heard of using BTM, but i like it. So it's BTC, BTM and BTU(?)

marhjan

full member

Activity: 215

Merit: 105

Poorer than I ought to be

Quote from: Spaceman_Spiff on March 27, 2013, 09:46:48 PM

Quote from: nobbynobbynoob on March 27, 2013, 09:30:29 PM

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

I don't get the logic for BTM. mBTC sounds way simpeler to me.

BTM is 3 letters mBTC is 4. Bitmill is easy to say, and many sites already incorporate it - it also is precisely the same thing but less scary for non-metric familiar users. IMHO the bitmill/BTM is here to stay

mjc

hero member

Activity: 588

Merit: 500

Available on Kindle

Did you consider what was laid out on the wiki? https://en.bitcoin.it/wiki/FAQ#What_do_I_call_the_various_denominations_of_bitcoin.3F

calian

sr. member

Activity: 354

Merit: 250

Quote from: Spaceman_Spiff on March 27, 2013, 09:46:48 PM

Quote from: nobbynobbynoob on March 27, 2013, 09:30:29 PM

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

I don't get the logic for BTM. mBTC sounds way simpeler to me.

Bitmill sounds easier to say IMO.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: nobbynobbynoob on March 27, 2013, 09:30:29 PM

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

I don't get the logic for BTM. mBTC sounds way simpeler to me.

nobbynobbynoob

hero member

Activity: 784

Merit: 1000

Annuit cœptis humanae libertas

And "millie" is certainly easier to say than "bee-tee-em", much as the latter's grown on me.

Mike Christ

legendary

Activity: 1078

Merit: 1003

I'm sure people will figure out their own names for these denominations. I'm in favor of calling mBTC millies, and I'm certain anyone who hears me say "I'll take this for a hundred millies" will probably get my message Tongue

That is, if they're familiar with Bitcoin. Otherwise I'm going to get some funny stares no matter what I call it.

bg002h

donator

Activity: 1466

Merit: 1048

I outlived my lifetime membership:)

Quote from: bitcoinnix on March 27, 2013, 08:03:36 AM

We already have the satoshi for a small increment - I propose the next named small increment be somehow related to Hal Finney: https://bitcointalksearch.org/topic/bitcoin-and-me-hal-finney-155054

Eg: (1 BTC = 100,000,000 Satoshi); (1 BTC = 1,000,000 Finneys)

Since a lot of people have their client set to show xxx.xx mBTC, I move to make 0.01 mBTC (aka, the millibitcent, 10^-5 BTC, 10 uBTC, etc) the Finney.

So at $100 per BTC, a Fin will be worth 0.1 pennies. At $1,000, a penny, at $10,000, a dime. The Finney (thus defined) has a reasonable token amount associated with it over a broad range of exchange rates.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

I will be defaulting to BTM (or mBTC) when I get my website up and running.

It will be easier to say a user has 100 BTM instead of .1 BTC.

Topic: Denominating Bitcoin amounts (Read 2201 times)