mBTC, mBTC or mXBT all work for me.
everything else, not so much.
Topic: [POLL] mBit or mBTC for "MilliBit"? (Read 3686 times)
mBit rolls of the tongue the easiest. Thus, I think it is the winner.
No doubt it rolls off the tongue the easiest, but can it ever be the official acronym for Bitcoin? I don't think so. BTC is the shortened version currently, so adding a "m" tot he beginning makes the most sense.
mBit rolls of the tongue the easiest. Thus, I think it is the winner.
Emmy
Bitski
Thanks for the replies. I haven't added these to the poll yet as they seem to be suggestions for alternative names instead of abbreviations. Let me know if I'm wrong and I'll add 'em.
Emmy and emmies, easily spoken, for mBTC. Harmonizes with Mike for µBTC.
Emmy
Bitski
Thanks for the replies. I haven't added these to the poll yet as they seem to be suggestions for alternative names instead of abbreviations. Let me know if I'm wrong and I'll add 'em.
Recently I read a post that beautifully centered the 100 million units by taking the "root" of 1 BTC, which gives 10,000 Satoshi.
100 micro Bitcoin = 0.1 milli Bitcoin = 1 rootBitcoin = 1 rBT = 1 rBTC
100 micro Bitcoin = 0.1 milli Bitcoin = 1 rootBitcoin = 1 rBT = 1 rBTC
I like it, but I'd shorten it to "rootCoin": The square root of the "root" crypto.
However, as it's not an abbreviation for "MilliBit" I have to leave it off this poll.
But the other options now have had a head start. 
Maybe you should reset the poll. But if not it's fine with me.
Maybe you should reset the poll. But if not it's fine with me.
The best I could come up with without resetting the poll was to post where the vote was at when I added "mBT" an option. That way, whoever wants can subtract those votes to see how it resonates with new voters.
Fair enough.
But the other options now have had a head start.
Maybe you should reset the poll. But if not it's fine with me.
Maybe you should reset the poll. But if not it's fine with me.
The best I could come up with without resetting the poll was to post where the vote was at when I added "mBT" as an option. That way, whoever wants can subtract those votes to see how it resonates with new voters.
yoooooo send me 4 Bitski's I gotta take the bus!
Bitski!
Bitski!
mBit sounds like network bandwith to me. The only reasonable option for me is mBTC.
How about:
10 xBT = 10 bitcoins
10 mBT = 10 millibits
10 uBT = 10 microbits
As simple as possible.
10 xBT = 10 bitcoins
10 mBT = 10 millibits
10 uBT = 10 microbits
As simple as possible.
I've added mBT as an option to the poll.
Thanks.
But the other options now have had a head start.
Maybe you should reset the poll. But if not it's fine with me.
Emmy
How about:
10 xBT = 10 bitcoins
10 mBT = 10 millibits
10 uBT = 10 microbits
As simple as possible.
10 xBT = 10 bitcoins
10 mBT = 10 millibits
10 uBT = 10 microbits
As simple as possible.
I've added mBT as an option to the poll.
Millibits, microbits? They sound so tiny, so cheap, so meaningless, yet we all know they are worth quite some money. Recently I read a post that beautifully centered the 100 million units by taking the "root" of 1 BTC, which gives 10,000 Satoshi.
100 micro Bitcoin = 0.1 milli Bitcoin = 1 rootBitcoin = 1 rBT = 1 rBTC
100 micro Bitcoin = 0.1 milli Bitcoin = 1 rootBitcoin = 1 rBT = 1 rBTC
How about:
10 xBT = 10 bitcoins
10 mBT = 10 millibits
10 uBT = 10 microbits
As simple as possible.
10 xBT = 10 bitcoins
10 mBT = 10 millibits
10 uBT = 10 microbits
As simple as possible.
If we agree that the most used term is BTC, it seems logical to me to call mBTC its 1/1000 fraction.
Likewise, I think that XBTand mXBT should be used, IMVHO, in technical/financial contexts.
SI metric prefixes and ISO standards seem to work pretty well: why don't comply with them?
Edit:
I was referring to how I think they should be written.
About the spelling, I think it isn't a big problem as the languages evolve by itself.
milli-bit, for example, is a good verbal short form of milli-bit-coin (written mBTC).
Edit 2:
mXBT cannot exist because a currency code has to be 3 chars long.
Likewise, I think that XBT
SI metric prefixes and ISO standards seem to work pretty well: why don't comply with them?
Edit:
I was referring to how I think they should be written.
About the spelling, I think it isn't a big problem as the languages evolve by itself.
milli-bit, for example, is a good verbal short form of milli-bit-coin (written mBTC).
Edit 2:
mXBT cannot exist because a currency code has to be 3 chars long.
I really like that "back to the roots" thing..
Quote
I think using the abbreviation "mBit" instead of "mBTC" will help "milliBit" catch on as the next base unit for Bitcoin.
Although mBTC helps to keep Bitcoin abbreviation to crypto exchanges
Anyways my vote went to mBit, sounds better
I have gone for mbit as it sounds nice and technical..we can use milibit, microbit any bit on the back of bit. I don't mind mbtc though either so will be happy with whatever they decide in the end to keep it as.
yeah just write mBTC and pronounce it 'milibit', 'millies' or 'miliBTC' i think people should understand it.. like a 'penny' or a 'cent'.
and 'microbit', 'microBTC' or 'mickeys' works just fine too (written uBTC)
I have gone for mbit as it sounds nice and technical..we can use milibit, microbit any bit on the back of bit. I don't mind mbtc though either so will be happy with whatever they decide in the end to keep it as.
i just found that post in some other thread and i believe that this is a fair argument:
I have sold a few bitcoins to friends and people at bitcoin meetups. I have found that using milli BTC is easily understood and very convenient. eg I recently quoted 110 millies for $100 and it sounded much nicer than zero-point-one-one. It might even have reassured the buyer about whether he was getting anything significant.
If the value goes up by another order of magnitude or 2 (ha!) using uBTC (mickeys) might be better.
so i like quite much 'millies' and 'mickeys'
I have sold a few bitcoins to friends and people at bitcoin meetups. I have found that using milli BTC is easily understood and very convenient. eg I recently quoted 110 millies for $100 and it sounded much nicer than zero-point-one-one. It might even have reassured the buyer about whether he was getting anything significant.
If the value goes up by another order of magnitude or 2 (ha!) using uBTC (mickeys) might be better.
so i like quite much 'millies' and 'mickeys'
While most people, even I, do use BTC currency abbreviation for Bitcoin, the "technical" abbreviation of Bitcoin is XBT. No sovereign country can claim Bitcoin so hence the "X" to begin with.
Yeah, even if "XBT" became the ISO standard today I would guess that "BTC" as the most commonly used abbreviation would still give "XBT" a run for its money, no pun intended. Let me know if you want me to add "mXBT" to the poll, though.
Cons
- BTC is currently abbreviated BTC
- "We've never done it this way before."
While most people, even I, do use BTC currency abbreviation for Bitcoin, the "technical" abbreviation of Bitcoin is XBT. No sovereign country can claim Bitcoin so hence the "X" to begin with.
how about considering 'megabit' for 1 000 BTC ?! thats the only scale which would make my life easier 
MBits work too. I wouldn't mind having a couple of those either...
Edit: Actually, now that I think about it "kBit" would be a better fit. However, I still wouldn't mind having Satoshi's 2 MBits
how about considering 'megabit' for 1 000 BTC ?! thats the only scale which would make my life easier
MilliBit was the community-accepted term for .001BTC back in 2011.
However, most new people seeing the current abbreviation "mBTC" will pronounce it "milli-Bitcoin" or "Em-Bee-Tee-Cee", both of which are clunky.
I think using the abbreviation "mBit" instead of "mBTC" will help "milliBit" catch on as the next base unit for Bitcoin.
Pros
Change is slow. However, if we've learned anything from HODL and the history of bitcoin, this doesn't have to apply to Bitcoiners.
Your part:
The next time you mention a Bitcoin price, please consider quoting the amount in mBits.
Poll Updates:
I'm not going to reset the votes when an option is added. Instead, I'll list the current votes when I add an option.
However, most new people seeing the current abbreviation "mBTC" will pronounce it "milli-Bitcoin" or "Em-Bee-Tee-Cee", both of which are clunky.
I think using the abbreviation "mBit" instead of "mBTC" will help "milliBit" catch on as the next base unit for Bitcoin.
Pros
- If you don't know how to pronounce it, you'll likely say "Em-bit" or "MilliBit", both of which are succinct and one of which is correct.
- Even if you haven't seen it before, it's easy to figure out (e.g. I'll give you 25mBits for 2 large stuffed-crust pepperoni & green olive pizzas).
- µBit and nBit work too
- Most people still talk of BTC prices in BTC, so there is still time to change.
- This term will help newcomers understand that bitcoins are divisible.
- BTC is currently abbreviated BTC
- "We've never done it this way before."
Change is slow. However, if we've learned anything from HODL and the history of bitcoin, this doesn't have to apply to Bitcoiners.
Your part:
The next time you mention a Bitcoin price, please consider quoting the amount in mBits.
Poll Updates:
I'm not going to reset the votes when an option is added. Instead, I'll list the current votes when I add an option.
- mBT was added when the vote was: mBTC=12, mBit=6, other=?
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