singular - milli
plural - millies
1milli
10 millies
Topic: What to call 0.001 BTC? (5 BTC Bounty) - page 18. (Read 64012 times)
How about just a Bit?
EDIT: to also propose the suggestion Bbit (pronounce "bee bit") and to second the suggestion of bitbit.
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. The most useful significant digits will all remain near the decimal point (four to the left, four to the right of it), it could be the only new name we ever need.
I am not sure that SI patterns or 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 measured like kilograms or millimeters.
Beyond the currently accepted "satoshi", I don't feel fond of honorary names ("gav" etc.), these seem like they could be a turnoff.
EDIT: to also propose the suggestion Bbit (pronounce "bee bit") and to second the suggestion of bitbit.
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. The most useful significant digits will all remain near the decimal point (four to the left, four to the right of it), it could be the only new name we ever need.
I am not sure that SI patterns or 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 measured like kilograms or millimeters.
Beyond the currently accepted "satoshi", I don't feel fond of honorary names ("gav" etc.), these seem like they could be a turnoff.
So now that prices have risen and transaction amounts will be smaller in numerical value for exchanges,
I feel we need to have a word for 0.001 of a Bitcoin. Bitcent, BitNick and BitDime work well for 0.01, 0.05 and 0.10 BTC, respectively,
but what should we call a milli-Bitcoin ?
I've been thinking a little. I tried saying Milli-Bitcoin really fast a few times (ok it was more than a few)
and came up with Milbice -- or perhaps we just call it a "Bice"
Then I thought how its nice in numismatics for money to have a cultural identity,
perhaps we should call 0.001 BTC a "Sat" or a "Nak" in honour of Satoshi Nakamoto
Then we could call a micro BTC a "Gav" (for Gavin!)
Anyhow I need a name to use for some upcoming Bonus Programs.
What do you think should be the name? 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. We'll issue a full report of all the terms submitted and the number of votes they received. Multiple entries permitted (each must have a different term per person), submit any term you'd feel comfortable using.
Submit your entries here
Once you've submitted your idea, I'd encourage you to announce it here and encourage others to vote for it at Bitcoin Bonus.
Wining term and winner to be announced by Sunday, May 22nd here!
--Darrell
I feel we need to have a word for 0.001 of a Bitcoin. Bitcent, BitNick and BitDime work well for 0.01, 0.05 and 0.10 BTC, respectively,
but what should we call a milli-Bitcoin ?
I've been thinking a little. I tried saying Milli-Bitcoin really fast a few times (ok it was more than a few)
and came up with Milbice -- or perhaps we just call it a "Bice"
Then I thought how its nice in numismatics for money to have a cultural identity,
perhaps we should call 0.001 BTC a "Sat" or a "Nak" in honour of Satoshi Nakamoto
Then we could call a micro BTC a "Gav" (for Gavin!)
Anyhow I need a name to use for some upcoming Bonus Programs.
What do you think should be the name? 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. We'll issue a full report of all the terms submitted and the number of votes they received. Multiple entries permitted (each must have a different term per person), submit any term you'd feel comfortable using.
Submit your entries here
Once you've submitted your idea, I'd encourage you to announce it here and encourage others to vote for it at Bitcoin Bonus.
Wining term and winner to be announced by Sunday, May 22nd here!
--Darrell
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