Topic: Should mBTC become the default unit now - page 2. (Read 2830 times)
I'm using it for a few weeks now in my wallet, but I'm switching back to BTC as the default unit. mBTC only makes sense when 1BTC is worth more than 1000 us dollars in my opinion.
I'm already using it, I think so.
Don't underestimate the power of psychological perception! Just ask the http://en.wikipedia.org/wiki/Edward_Bernays Commercials weren't always called commercials you know just propaganda...
If Bitcoin community wants wider adoption in which it should be cause BTC would increase in value then it needs to appeal to people it have not reached so far ergo for instance let them feel they have more than in reality...
If Bitcoin community wants wider adoption in which it should be cause BTC would increase in value then it needs to appeal to people it have not reached so far ergo for instance let them feel they have more than in reality...
All these threads about using mBC are just a psychological mind fuck. It makes it seem like you have more of something. Give it up already. 
I will NEVER use mBTC ever no matter what. 0.001BTC = 1BTM (bitmill) and always will in my mind. Here's the point - it's a stupid and pointless conversation, it's been had REPEATEDLY on this forum - there isn't much consensus AND it's already available as an option in the reference client. So - wait... what were we taking about again???
Guess what? Even though I am personally virulently against using mBTC for anything I still know what it means. 0.001BTC or 1BTM
Guess what? Even though I am personally virulently against using mBTC for anything I still know what it means. 0.001BTC or 1BTM
Yeah hearb about the reddit post on this.
Personally I agree with Gedi mBTC is a bit of a mouthful, we should just call them Bits
ie
Dollars, Cents
Pounds, Pence
Bitcoins, Bits
And I do agree with this change since if the value of 1BTC is going 100+ right now it make sense that we should start using a smaller nominal term for the currency as opposed to the Bitcoins.
Ie something in a shop isn't 0.25 Dollars or pounds its 25 cents or 25 pence
Personally I agree with Gedi mBTC is a bit of a mouthful, we should just call them Bits
ie
Dollars, Cents
Pounds, Pence
Bitcoins, Bits
And I do agree with this change since if the value of 1BTC is going 100+ right now it make sense that we should start using a smaller nominal term for the currency as opposed to the Bitcoins.
Ie something in a shop isn't 0.25 Dollars or pounds its 25 cents or 25 pence
mbtc is the answer
What the fuck is the question?
Perhaps "What can we talk about repeatedly that is already supported in the reference client and in wide use by anyone who wants to use it?"
Edit:
Seriously though, if you like it, use it. It's that easy. There is nothing to discuss. You can't force something like this from the top down in this type of community. You just have to do what you think is best and if other people agree they will pick it up too.
agreed.
i would prefer convincing over forcing.
yours,
600 000 mwatt
mbtc is the answer
What the fuck is the question?
Perhaps "What can we talk about repeatedly that is already supported in the reference client and in wide use by anyone who wants to use it?"
Edit:
Seriously though, if you like it, use it. It's that easy. There is nothing to discuss. You can't force something like this from the top down in this type of community. You just have to do what you think is best and if other people agree they will pick it up too.
I wonder if this thread has been created 1000 times yet? Ok maybe it's only 100, but enough already
and it needs to be created another 1000 times.
mbtc is the answer.
this needs to spread. it is important for the future of bitcoin. and for our stake in this game.
I think mBTC is:
A - too geeky for the average joe to know what the "m" stands for.
and
B - too long... 4 syllables?? 4 letters? should be "mBC" at least...
A. This is only a problem of US Joes. Everywhere else in the world, they are taught m means milli means 1/1000 in the first grade.
B. mBTC (pronounced millibitcoin or millibits so 2 or 3 syllables, take your pick)
I think mBTC is:
A - too geeky for the average joe to know what the "m" stands for.
and
B - too long... 4 syllables?? 4 letters? should be "mBC" at least...
Maybe the cent should become the new dollar, or the penny become the new pound.
So instead of earning £6.41 per hour I earn 641p per hour, which looks like it's more...
So instead of earning £6.41 per hour I earn 641p per hour, which looks like it's more...
I wonder if this thread has been created 1000 times yet? Ok maybe it's only 100, but enough already
I think so, for appearance and encouragement's sake. It helps encourage new users and miners, so that their wallet looks a bit more full.
So instead of earning 0.01BTC/day on my shiny new GPU / USB ASIC I will earn 10mBTC/dat.
So instead of earning 0.01BTC/day on my shiny new GPU / USB ASIC I will earn 10mBTC/dat.
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