Topic: What to call 0.001 BTC? (5 BTC Bounty) - page 16. (Read 64012 times)
In many fiat currencies, a particular denomination of note displays a particular important figure, with the lower the value (and therefore the most commonly used note) is the most important person. Of course, these people are usually already dead, and as far as we know all of the important persons surrounding Bitcoin are not. But since Satoshi is IMHO the most important person, and Gavin is very close these days; .000001 bitcoin should be a Satoshi and .001 should be a Gavin. There should not be a name for a bitcoin denomination beyond the sixth decimal place.
man my song is at the bottom of the previous page lol
do bit - what will you do in the world with a tiny bit of influence?
do bit - what will you do in the world with a tiny bit of influence?
I had one more random idea: CUBE.
Acronym for Convenient Unit of Bitcoin Exchange, but just written cube.
Just think of the Bitcoin logo on a golden cube. Think of a stack or pile of such cubes, sized like dice. Lots of image possibilities and it doesn't sound weird. Also connotes a small tangible object just like a coin. A currency symbol (sort of like dollar's ¢) could be based upon a superscripted 3 with a vertical line. It might be called a cube or bitcube interchangeably.
If this gets liked and gets any traction I would strongly propose it refer to 0.0001 BTC not 0.001 BTC or we will be starting a trend of needing names for all 8 decimal places, messy as pre-decimalisation GBP. I would rather see it be one name at 4th decimal place so we may never need another name.
Acronym for Convenient Unit of Bitcoin Exchange, but just written cube.
Just think of the Bitcoin logo on a golden cube. Think of a stack or pile of such cubes, sized like dice. Lots of image possibilities and it doesn't sound weird. Also connotes a small tangible object just like a coin. A currency symbol (sort of like dollar's ¢) could be based upon a superscripted 3 with a vertical line. It might be called a cube or bitcube interchangeably.
If this gets liked and gets any traction I would strongly propose it refer to 0.0001 BTC not 0.001 BTC or we will be starting a trend of needing names for all 8 decimal places, messy as pre-decimalisation GBP. I would rather see it be one name at 4th decimal place so we may never need another name.
Another idea to give names basing on how many times you have to divide Bitcoin by 10:
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
by far the best discussion. it has something the other suggestions lack:
- it scales
- it sets the matter down to the smallest unit, once and for all
- it is logical, a very important prequesite for the units that will be the most common ones once btc is widespread
But bitcoins are only divisible upto 10^-8, so why not just use the atomic state of bitcoins to discuss bitcoins in small quantaties as it is a unit that can even be fairly easily be used to describe larger quantaties.
This is a better suggestion, further, nobody wants to change what they are talking about every 10x. We're all used to changing every three 0's (eg, one thousand - 1,000, one million 1,000,000).
I would take the OP's logic and build from the base like you.
1 bit
100 dibit
1,000 tribit
1,000,000 hexabit
1,000,000,000 nonabit
This also loses the decimal completely, not sure why it's even used.
by far the best discussion. it has something the other suggestions lack:
- it scales
- it sets the matter down to the smallest unit, once and for all
- it is logical, a very important prequesite for the units that will be the most common ones once btc is widespread
It teaches people how to count in Latin.
of course it fails at deca since thats 10 BTC not .howmanythefuzzthat'ssposedtobe
then again doesn't bitcoin stop at 8 places?
Anyways
Mine is the Do bit
Ahem
Do bit do bit
Da ba da ba di bit
Di ba da ba do bit
Da bi do bit do bit
Do bit do bit
Da ba da ba di bit
Di ba da ba do bit
Da bi do bit do bit
Duh bit da bit di bit da ba
Duh bit da bit dididi da bit
Duh ba do bit di bit do ba
Duh ba do bit dididi do bit
Do bit do bit
Da ba da ba di bit
Di ba da ba do bit
Da bi do bit do bit
Do bit do bit
Da ba da ba di bit
Di ba da ba do bit
Da bi do bit do bit
Duh bit da bit di bit da ba
Duh bit da bit dididi dididi
Dididi do bit dididi dididi
Dididi do bit dididi dididi
Di didi dididi didi didi di di di dibada dibada dibada di di bada dibada dididi diba dibadada dibadada di di diba daba dida di di dibada diba dada do bit
So um. Sinatra vs Latin lessons. Tough choice.
I like "mills" or "millies".
The new default transaction fee is 5 mills per kilobyte, by the way.
The new default transaction fee is 5 mills per kilobyte, by the way.
That would be 2 millies, 456 mikes and 78 satoshis
or
245678 satoshis
or
245678 satoshis
A party at the Playboy mansion?
Another idea to give names basing on how many times you have to divide Bitcoin by 10:
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
by far the best discussion. it has something the other suggestions lack:
- it scales
- it sets the matter down to the smallest unit, once and for all
- it is logical, a very important prequesite for the units that will be the most common ones once btc is widespread
But bitcoins are only divisible upto 10^-8, so why not just use the atomic state of bitcoins to discuss bitcoins in small quantaties as it is a unit that can even be fairly easily be used to describe larger quantaties.
Another idea to give names basing on how many times you have to divide Bitcoin by 10:
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
by far the best discussion. it has something the other suggestions lack:
- it scales
- it sets the matter down to the smallest unit, once and for all
- it is logical, a very important prequesite for the units that will be the most common ones once btc is widespread
Millie for .001 is the winner, imo.
May I propose 'milray' for .0001?
12GHuMPPZDxDqtZZS6wP2FTv2c4V4KPohW
May I propose 'milray' for .0001?
Quote
Mark Twain introduced a fictional elaboration of the mill in A Connecticut Yankee in King Arthur's Court. When Hank Morgan, the American time traveler, introduces decimal currency to Arthurian Britain, he has it denominated in cents, mills, and "milrays", or tenths of a mill (the name perhaps suggested by "myriad", meaning ten thousand or by the Portuguese and Brazilian milreis).
http://en.wikipedia.org/wiki/Mill_%28currency%29#Fiction
http://en.wikipedia.org/wiki/Mill_%28currency%29#Fiction
12GHuMPPZDxDqtZZS6wP2FTv2c4V4KPohW
Another idea to give names basing on how many times you have to divide Bitcoin by 10:
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
1 Bitcoin = Bitcoin
1/10/10 = 0.01 Bitcoin = Dibit
1/10/10/10 = 0.001 Bitcoin = Tribit
Use greek prefixes mono, di, tri, tetra, penta, hexa, hepta, octa, nona, deca
I really like this one - it follows a set pattern and is easily memorable. Additionally, it means we won't have this debate every time a decimal point moves... Definitely my vote!
I propose "Wei" (pronounced "we" or "way") to acknowledge the true inventor of bitcoin, the mysterious and low-key Dr. Wei Dai.
"There are thousand ways in bitcoin"
"There are thousand ways in bitcoin"
I think that the best way to give .001 bitcoins a name is to call it a bitmill. People say abbreviate bitcoin as BTC, so similarly, a bitmill will be abbreviated as BTM.
One dime could be .1 BTC
but .09 bitcoins could be called 90 BTM or .09 BTC.
In a summery, people should name things as bitcoins or bitmills, no bitcents (since BTC could stand for bitcoin or bitcent). Bitmills could be abbreviated as BTM.
One dime could be .1 BTC
but .09 bitcoins could be called 90 BTM or .09 BTC.
In a summery, people should name things as bitcoins or bitmills, no bitcents (since BTC could stand for bitcoin or bitcent). Bitmills could be abbreviated as BTM.
That would be 2 millies, 456 mikes and 78 satoshis
or
245678 satoshis
or
245678 satoshis
A party at the Playboy mansion?
I think creating names for 0.001, 0.00001, etc. is silly.
Just use two different units BTC and something like satoshi/bitcoinunits/bitcreds/credits representing 0.00000001 BTC.
The problem with milli/micro/nano is that when you get a bitcoin amount like 0.00245678, what random btc name do you use..?
Also it's a LOT easier to tell the size of something when it's larger because of commas and no leading zeros:
eg 34,400 BCU vs 0.00034400 BTC
Just use two different units BTC and something like satoshi/bitcoinunits/bitcreds/credits representing 0.00000001 BTC.
The problem with milli/micro/nano is that when you get a bitcoin amount like 0.00245678, what random btc name do you use..?
Also it's a LOT easier to tell the size of something when it's larger because of commas and no leading zeros:
eg 34,400 BCU vs 0.00034400 BTC
That would be 2 millies, 456 mikes and 78 satoshis
or
245678 satoshis
I think creating names for 0.001, 0.00001, etc. is silly.
Just use two different units BTC and something like satoshi/bitcoinunits/bitcreds/credits representing 0.00000001 BTC.
The problem with milli/micro/nano is that when you get a bitcoin amount like 0.00245678, what random btc name do you use..?
Also it's a LOT easier to tell the size of something when it's larger because of commas and no leading zeros:
eg 34,400 BCU vs 0.00034400 BTC
Just use two different units BTC and something like satoshi/bitcoinunits/bitcreds/credits representing 0.00000001 BTC.
The problem with milli/micro/nano is that when you get a bitcoin amount like 0.00245678, what random btc name do you use..?
Also it's a LOT easier to tell the size of something when it's larger because of commas and no leading zeros:
eg 34,400 BCU vs 0.00034400 BTC
As much as I am a fan of SI, mega, milli and micro might be a bit confusing for general public.
s/general/general US/
Cheers,
Quote
Bitcoin Bonus will send 5 Bitcoins to the person who is the first to submit the winning term
which will be what we end up choosing to use for our site.
which will be what we end up choosing to use for our site.
How about you first pay out the bonus you owe me that's been in "payment pending" for about four weeks now on your site.
Did you claim it?
Quote
Bitcoin Bonus will send 5 Bitcoins to the person who is the first to submit the winning term
which will be what we end up choosing to use for our site.
which will be what we end up choosing to use for our site.
How about you first pay out the bonus you owe me that's been in "payment pending" for about four weeks now on your site.
Quote
Millies, as a friendly form of millibitcoins.
I like it because it goes with Mikes, a friendly form of microbitcoins, and someone is sure to do a nice logo of Millie and Mike.
I like it because it goes with Mikes, a friendly form of microbitcoins, and someone is sure to do a nice logo of Millie and Mike.
Why not let a thousandth of a Bitcoin be one Mill? Then 'Millies' can be the informal form.
Millies, as a friendly form of millibitcoins.
I like it because it goes with Mikes, a friendly form of microbitcoins, and someone is sure to do a nice logo of Millie and Mike.
I like it because it goes with Mikes, a friendly form of microbitcoins, and someone is sure to do a nice logo of Millie and Mike.
+.001
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