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Topic: Let's use mBTC instead of BTC - page 5. (Read 4268 times)

legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
December 31, 2015, 05:45:16 AM
#9
I personally prefer Satoshi, its way more fun to transfer a million satoshi than 0.01 btc or 10 mBTC.

No seriously, just use whatever you prefer, I think most are familiar with the denominations

1 BTC = 108 (100 million) satoshi
1 mBTC = 105 (100k) satoshi
1 µBTC = 102 (100) satoshi

Satoshi is another great unit: I think it's too small for now, but certainly bound to become the default in the future.
sr. member
Activity: 254
Merit: 1258
December 31, 2015, 05:45:04 AM
#8
Because 1mBTC won't equal a USD for long and a lot nations other than America Bitcoin. You also have the very alive debate on whether Bitcoin is a daily currency or a settlement device.

$1 = 2.37 mBTC, they're perfectly comparable, no need for them to be equal to find using mBTC much more handy.
Then use it, there have been plenty of sites that allow the option but the majority of users seem to enjoy just the normal btc denomination.
legendary
Activity: 1204
Merit: 1000
December 31, 2015, 05:43:23 AM
#7
I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

It is depended on people preferences, personally i hated to deal with decimals,
But i am familiar now, and i like more to deal with decimals instead of satoshis or mBTC
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
December 31, 2015, 05:42:44 AM
#6
Because 1mBTC won't equal a USD for long and a lot nations other than America Bitcoin. You also have the very alive debate on whether Bitcoin is a daily currency or a settlement device.

$1 = 2.37 mBTC, they're perfectly comparable, no need for them to be equal to find using mBTC much more handy.
sr. member
Activity: 294
Merit: 250
December 31, 2015, 05:42:34 AM
#5
Because sometimes Bitcoin or number of Satoshis is more appropriate. It all depend on specific tansaction whether Satoshis, mBTC or Bitcoins makes most sence to visualize in my brain when doing the transaction
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
December 31, 2015, 05:41:14 AM
#4
I personally prefer Satoshi, its way more fun to transfer a million satoshi than 0.01 btc or 10 mBTC.

No seriously, just use whatever you prefer, I think most are familiar with the denominations

1 BTC = 108 (100 million) satoshi
1 mBTC = 105 (100k) satoshi
1 µBTC = 102 (100) satoshi
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 31, 2015, 05:40:51 AM
#3
while any exchanger site around the world still use decimal ,it seems you just make hard your whole bitcoin life,and if you have more than 100btc you should write it 100000mBTC really give me headache
sr. member
Activity: 254
Merit: 1258
December 31, 2015, 05:34:49 AM
#2
Because 1mBTC won't equal a USD for long and a lot nations other than America Bitcoin. You also have the very alive debate on whether Bitcoin is a daily currency or a settlement device.
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
December 31, 2015, 05:29:39 AM
#1
I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?
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