The world has never seen a currency that was divisible further than .01. This is actually a very interesting issue to me. Here is a few that may work.
0 decimal place - 1 - Bitcoin - BTC
3 decimal place - .001 - Token - mBTC
6 Decimal place - .000001 - Tidbit - µBTC
8 decimal place - .00000001 - Waif - wBTC
Waif is a word for stray or single. I thought it would be appropriate for the smallest denomination of bitcoin.
Topic: What to call 0.001 BTC? (5 BTC Bounty) - page 12. (Read 63985 times)
Million = 1,000,000 BTC
Thousand = 1,000 BTC
Bitcoin = 1 BTC
Bitcent = 0.01 BTC
MilliBitcoin = 0.001 BTC <- Current value ~7/10 cents.
MicroBitcoin = 0.000001 BTC
Thousand = 1,000 BTC
Bitcoin = 1 BTC
Bitcent = 0.01 BTC
MilliBitcoin = 0.001 BTC <- Current value ~7/10 cents.
MicroBitcoin = 0.000001 BTC
Satoshi!
1 BTC = 0,001 SAT
1 SAT = 1000 BTC
Like! Easy.
1 BTC = 0,001 SAT
1 SAT = 1000 BTC
Like! Easy.
Here are submissions so far, in roughly reverse alphabetical order:
< list >
I'd encourage people to look over all of these and continue the discussion about what is the most useful name. Spelling isn't so relevant for now, its the phonetic sound I'm curious about, I've doubled up those suggestions that have the same sound.
You didn't include my "coinbit" < list >
I'd encourage people to look over all of these and continue the discussion about what is the most useful name. Spelling isn't so relevant for now, its the phonetic sound I'm curious about, I've doubled up those suggestions that have the same sound.
Tiago - Nope, 1 BTC = 100 megacreds / megasatoshis
1 BTC = 10 MegaSatoshis? (just checking if my math is right)
1 = bitcoin
0.1 = little bit or "little"
0.01 = little bitty or "bitty"
0.001 = itsy bitsy or "itsy"
Each is aurally distinct.
0.1 = little bit or "little"
0.01 = little bitty or "bitty"
0.001 = itsy bitsy or "itsy"
Each is aurally distinct.
The reason I liked tidbit when I came up with it because tidbit is already a word that indicates a small quantity that manages to not be insignificant (ie it reveals enough) and I thought it would be cool that anyone who wanted to start with bitcoin could go to the faucet or similar site in the future and get a few tidbits to start their journey. just a couple of tidbits and they would feel compelled to know more / would go deeper into the bunny hole. After putting enough tidbits together they would have a new understanding (or a whole bitcoin).
I'm still advocating for bitmill for several reasons.
1. People can easily attribute BITmill to the bitcoin service.
2. It follows the pattern of BITcoins BITcent, blah blah blah.
3. A mill is a legit piece of currency within the Unites States. Gas prices have a mill price at the end of the price.
4. It flows together in a phonic manner.
1. People can easily attribute BITmill to the bitcoin service.
2. It follows the pattern of BITcoins BITcent, blah blah blah.
3. A mill is a legit piece of currency within the Unites States. Gas prices have a mill price at the end of the price.
4. It flows together in a phonic manner.
I can't beat bitbat for explosive power.
Well, you're right, but I think it has such memetic potential because it's an Inherently Funny Word, like "shoehorn" or "platypus".
There are pretty negative and wrong statements on BTC in the press, suggesting there is an actual shortage of granularity in the payment system, quoting techcrunch: "And, crucially, no more than 21 million will ever exist.".
To overcome this big hurdle of perception i decided to suggest a complete SI-style renaming system in the dev forum, heres a link: http://forum.bitcoin.org/index.php?topic=9299.0
To overcome this big hurdle of perception i decided to suggest a complete SI-style renaming system in the dev forum, heres a link: http://forum.bitcoin.org/index.php?topic=9299.0
How about a Myte?
Combination of Milli and Byte
Combination of Milli and Byte
Fermented apples?
I can't say "bitbat" with a straight face.
I'm a meme hacker. I use cider war and cider terriblism to cause fits and seizures in ppl who try to scare us about computers.
I can't beat bitbat for explosive power.
Stolen.
Still I like the do bit as a name. And I put up a bounty for 2000 do bits. What will you do in the world with a tiny little influence?
Cubit as in Cube Bit as in Cube it. 
Spoken it sounds too much like "qubit" which will eventually be confusing once quantum computers are a reality.
Cubit as in Cube Bit as in Cube it.
I can't say "bitbat" with a straight face.
Maybe "Bick" to remind "Buck"?
But on second thoughts, it sounds a bit like "dick".
But on second thoughts, it sounds a bit like "dick".
I vote for "mil".
It's short and sweet. It's technically correct. It's ambiguous enough that Americans won't immediately think of it as having very little value.
It's short and sweet. It's technically correct. It's ambiguous enough that Americans won't immediately think of it as having very little value.
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