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Topic: [POLL] End the 'bit' controversy: What to (nick)name 100 Satoshi / 1 µXBT - page 4. (Read 7710 times)

hero member
Activity: 742
Merit: 500
legendary
Activity: 1960
Merit: 1010
hero member
Activity: 854
Merit: 500
Nope..
This horse has been beat to death.  Almost as annoying as the China FUD.
legendary
Activity: 1106
Merit: 1005
Poll is invalid. No option for 'pie'.




Incidentally, you misspelled 'zib'.

Pie would be confiding as well (people might think its 3.14159265 bitcoin or twice that)

I edited my missspelled zib
legendary
Activity: 1106
Merit: 1005
You're missing a bit. Get it? haha awkward laugh haha.. Ugh another poll.

The reason for this poll is to avoid using either uBTC or bit as neither of them will be good names for everyday use. (uBTC is too complicated for Americans and bits are not unambiguous)
hero member
Activity: 686
Merit: 500
You're missing a bit. Get it? haha awkward laugh haha.. Ugh another poll.
legendary
Activity: 1554
Merit: 1000
Why do we have to name everything? 100 satoshi is 100 satoshi, that's all.
A lot of names come up with confusion, new people can't understand that way. Bitcoin, mBTC and Satoshi is enough.
sr. member
Activity: 952
Merit: 281
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
Thanks for doing this. The whole "bit" thing snuck up on me Tongue
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Poll is invalid. No option for 'pie'.




Incidentally, you misspelled 'zib'.
legendary
Activity: 1106
Merit: 1005
Currently the name 'bit' is in a lot of controversy and a lot of confusion is being caused by the use of this nickname.

Some people believe a bit is an abrevation of bitcoin and thus a bit = 1BTC
other people think a bit is the smallest possible amount of bitcoin (a bit being the smallest unit) and thus 1 satoshi
technically a bit is also $0.125
and some people also think a bit is a good name for 100 satoshi

Of course it's incredibly confusing, especially for newcomers, if we have at least 4 different kinds of bits and everyone means something else with the same word.

In order to make bitcoin less confusing (as it's already confusing enough for most newcomers) we need some consensus on how to name the unit of 100 satoshi so that we can avoid having to call it a bit.

As most people agree on, 100 satoshi should have a name because most currencies just work with two decimals and it's just easier to use like that.

So let's vote for the best name, and if you have any other suggestions just post them here as well.

You can choose up to 3 options you like / agree with.

personally i think mills and mikes work pretty well for various reasons
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