0.001 BTC = 1 mBTC
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Topic: What to call 0.001 BTC? (5 BTC Bounty) - page 17. (Read 63985 times)
point zero zero one bee tee see
I submitted Bit-Tot. That'll be 845 bit-tots , or 845 btt.
In case you don't like the hyphen, I also submitted bitbit. 845 bb.
They both have the advantage of sounding like toddler food or baby dinosaurs. Which implies that real men only play with real btc (jk).
edit: now I have decided the tidbit is my main entry.
In case you don't like the hyphen, I also submitted bitbit. 845 bb.
They both have the advantage of sounding like toddler food or baby dinosaurs. Which implies that real men only play with real btc (jk).
edit: now I have decided the tidbit is my main entry.
.001 or .0001 BTC could be empowering.
I resist a psychological argument for any changes in bitcoin. Most of the time such are proposed by elitists who wish to insult the community by suggesting that there is no self-motivation (MOJO) in the culture or the community.
A small contribution can be amplified if others feel little resistance to contributing in small amounts.
I resist a psychological argument for any changes in bitcoin. Most of the time such are proposed by elitists who wish to insult the community by suggesting that there is no self-motivation (MOJO) in the culture or the community.
A small contribution can be amplified if others feel little resistance to contributing in small amounts.
Millie and Mike could even be friends with Bob and Alice
...and enemies of Fannie and Freddie.
1 MilBit, 2 MilBits
In the hopes that there will never be such inflation, so that the term should rather stand for 1 Million BTC.
In the hopes that there will never be such inflation, so that the term should rather stand for 1 Million BTC.
the advantage of defining 1 satoshi = 1 credit now, is that we never have to deal with this again
Why use the confusing term credits? Facebook uses that term already, as do many others. Satoshis aren't used anywhere else.
I could see that term becoming more widely used.
The equivalent to a $9.75 USD online purchase of a movie ticket would be 114.7 mSats (megasatoshis) (at today's BTC/USD exchange rate of $8.50)
To send a micropayment to a blogger using YouTipIt, for instance, 3 msats (worth just about $0.25 USD)
After some more bitcoin deflation, micropayments will be priced in terms of hundreds of kSats (kilosatoshis) while more significant amounts still can use mSats.
That could work!
As much as I am a fan of SI, mega, milli and micro might be a bit confusing for general public. Why not just call it - millies, mikes and satoshis?
the advantage of defining 1 satoshi = 1 credit now, is that we never have to deal with this again
Why use the confusing term credits? Facebook uses that term already, as do many others. Satoshis aren't used anywhere else.
I could see that term becoming more widely used.
The equivalent to a $9.75 USD online purchase of a movie ticket would be 114.7 mSats (megasatoshis) (at today's BTC/USD exchange rate of $8.50)
To send a micropayment to a blogger using YouTipIt, for instance, 3 msats (worth just about $0.25 USD)
After some more bitcoin deflation, micropayments will be priced in terms of hundreds of kSats (kilosatoshis) while more significant amounts still can use mSats.
That could work!
Well we're gonna have to do this again when we get down to microbitcoins... the advantage of defining 1 satoshi = 1 credit now, is that we never have to deal with this again
The problem is that none of us probably have enough influence to get a unique name like 'Gav' to really catch on (unless it was especially catchy), so it would have to be immediately intuitive to anyone who saw it that you mean 0.001 Bitcoins. Using milli- is the most obvious, but milliBitcoins doesn't exactly roll off the tongue. I would recommend shortening it to something like "mCoins", and then abbreviate as mBTC until perhaps mC catches on. But, that's just my two Bitcents. Someone will probably have a better idea and we'll end up using that instead.
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.
Millie and Mike could even be friends with Bob and Alice
millicoin
0.001 BTC = 1 mBTC
0.001 BTC = 1 mBTC
1 satoshi = 1 credit (bitcred?)
1 BTC = 100M credits
edit: 1 bitcent = 1 megacred
.001 BTC = "100k credits, 100 kilocreds"
1 BTC = 100M credits
edit: 1 bitcent = 1 megacred
.001 BTC = "100k credits, 100 kilocreds"
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
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.
Millies have a nice sound to it. Mikes - I'm not so sure about
I would call 1/1000th a Millibit for business (semi-official of Millibitcoin) and Millies in casual dealings
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.
Cent is from centum means hundred in latin, and mille means thousand so
1 Bitcoin = 100 Bitcents = 1000 Bitmils
1 Bitcoin = 100 Bitcents = 1000 Bitmils
I always liked btch (h == hecto)
Make that a "bitch" so it's easier to pronounce. 
And just a random suggestion, perhaps the new unit name should belong to the 0.0001 denomination (cent of a cent). We'll go through fewer names that way, less confusion.
I am not sure that SI prefixes are the way to go. I occasionally use SI in regular speech just to be geeky (example, I like to say 5 "kilodollars" instead of 5 "grand"), and people look at me like I'm nuts and often don't even know what I mean, even though it should be obvious. No one seems to expect to see money to be measured like kilograms or millimeters.
I am not sure that SI prefixes are the way to go. I occasionally use SI in regular speech just to be geeky (example, I like to say 5 "kilodollars" instead of 5 "grand"), and people look at me like I'm nuts and often don't even know what I mean, even though it should be obvious. No one seems to expect to see money to be measured like kilograms or millimeters.
Great point. I don't think we'll know until this all shakes out in a few years. I hope to have future contests as needed.
I always liked btch (h == hecto)
h on the end becasue it is sub hecto, h in the front would imply a hecto of them.
1 btch == 00.001 btc
1 hbtc == 100 btc
Make sense?
kilo is next up the ladder from hecto so...
1btck == 00.0001 btc
For some reason I don't like the sound of milli bitcoin.
My $00.02
Award money goes here --> 16XsR5E7HLckohNgYUZ52QQDvnr8Nn2mYG
h on the end becasue it is sub hecto, h in the front would imply a hecto of them.
1 btch == 00.001 btc
1 hbtc == 100 btc
Make sense?
kilo is next up the ladder from hecto so...
1btck == 00.0001 btc
For some reason I don't like the sound of milli bitcoin.
My $00.02
Award money goes here --> 16XsR5E7HLckohNgYUZ52QQDvnr8Nn2mYG
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