Many websites measure it in mBTC and uBTC, it's really annoying and it's mostly cant be changed.
Satoshi is the best and people should learn to use that, since if the price goes really up, satoshi will be the base unit of it
Topic: What unit do you find more comfortable when measuring BTC values? (Read 2290 times)
December 23, 2015, 11:57:35 AM
I only like "satoshis"
Many websites measure it in mBTC and uBTC, it's really annoying and it's mostly cant be changed.
Satoshi is the best and people should learn to use that, since if the price goes really up, satoshi will be the base unit of it
Many websites measure it in mBTC and uBTC, it's really annoying and it's mostly cant be changed.
Satoshi is the best and people should learn to use that, since if the price goes really up, satoshi will be the base unit of it
December 23, 2015, 09:41:55 AM
I always use 0.01 BTC or 0.128 BTC as I find it more easy. At this point BTC is the best unit measure for me. I could try to work more with mBtc, but that's more for the future.
mbtc for me is getting me dizzy. It is like I dont know where to multiply it. Just like the other day when someone paid me 3.5mBTC . Crap I dont know how will I calculate it.
I am really not good with that. December 17, 2015, 12:07:35 AM
I always use 0.01 BTC or 0.128 BTC as I find it more easy. At this point BTC is the best unit measure for me. I could try to work more with mBtc, but that's more for the future.
December 16, 2015, 11:49:59 PM
I already posted my opinion here, but I'm glad people agree with me and that I'm not crazy. "Bits" to me is like centigrams, a unit that I never use and that shouldn't exist. I know what it is, but it just requires too much thought and an unnecessary conversion. As I said, it's a pet peeve, like Roman numerals.
December 16, 2015, 01:26:34 PM
As others have mentioned, I prefer Bitcoin itself for higher priced items, but I go with Satoshis for smaller transactions. Those are the two that I learned first and work most naturally for me.
I know the metric system applied to bitcoin "makes sense" but I have a miserable time keeping straight which is which between mBTC and uBTC, which could have gotten me in trouble a couple times. I agree that not having anything between satoshis and bitcoins creates a large awkward hole in the middle for items of moderate price. But somehow I just don't see "bits" or something similar catching on.
Hopefully Bitcoin pricing will continue to move up and someday 1 satoshi will actually be worth something! :-)
I know the metric system applied to bitcoin "makes sense" but I have a miserable time keeping straight which is which between mBTC and uBTC, which could have gotten me in trouble a couple times. I agree that not having anything between satoshis and bitcoins creates a large awkward hole in the middle for items of moderate price. But somehow I just don't see "bits" or something similar catching on.
Hopefully Bitcoin pricing will continue to move up and someday 1 satoshi will actually be worth something! :-)
Yeah, it's all or nothing for me too. BTC for big prices, satoshi for anything that would qualify as everyday purchases, such as doing groceries type of money. I don't buy much stuff with Bitcoin so im sure in the future once it's more common to do so, people will just keep used to it. I have some friends in Europe and when they went from their national currency to the EUR it was a pain in the ass at first too, but people got used to it.
December 16, 2015, 01:13:27 PM
As others have mentioned, I prefer Bitcoin itself for higher priced items, but I go with Satoshis for smaller transactions. Those are the two that I learned first and work most naturally for me.
I know the metric system applied to bitcoin "makes sense" but I have a miserable time keeping straight which is which between mBTC and uBTC, which could have gotten me in trouble a couple times. I agree that not having anything between satoshis and bitcoins creates a large awkward hole in the middle for items of moderate price. But somehow I just don't see "bits" or something similar catching on.
Hopefully Bitcoin pricing will continue to move up and someday 1 satoshi will actually be worth something! :-)
I know the metric system applied to bitcoin "makes sense" but I have a miserable time keeping straight which is which between mBTC and uBTC, which could have gotten me in trouble a couple times. I agree that not having anything between satoshis and bitcoins creates a large awkward hole in the middle for items of moderate price. But somehow I just don't see "bits" or something similar catching on.
Hopefully Bitcoin pricing will continue to move up and someday 1 satoshi will actually be worth something! :-)
December 16, 2015, 11:17:34 AM
I'm most comfortable with BTC, though I think that "bits" might become the most common unit in the future.
"satoshi" is too much of a mouthful. I wish people would just start saying "sat" for that unit.
"satoshi" is too much of a mouthful. I wish people would just start saying "sat" for that unit.
Yes bits is better though some are used with others. Like me I just cant stop computin it as satoshi. Even my friends always used that word. They still prefer it like that and they can understand it better.
December 16, 2015, 10:49:33 AM
I'm most comfortable with BTC, though I think that "bits" might become the most common unit in the future.
"satoshi" is too much of a mouthful. I wish people would just start saying "sat" for that unit.
"satoshi" is too much of a mouthful. I wish people would just start saying "sat" for that unit.
December 16, 2015, 07:35:53 AM
I can not select one specifically for it all depends on the amount of the transaction we are talking about. If I am talking about a 1 BTC transaction, I am not going to mark it as 100 million satoshi. It is just the same as using your country currency, you break it down as the amount gets larger. When I am buying something for 50 cents, I use cents and when I buy something for $10, I use the term of dollars.
December 16, 2015, 06:05:39 AM
I prefer mbtc the mili units, its easier to count how many numbers behind the coma
I often make mistake especially when i bet in gambling web
I often make mistake especially when i bet in gambling web
December 16, 2015, 05:53:21 AM
Im curious about the statistics on this nowadays. Honestly I don't know if it's only me but im still used to BTC, even if it would be seen as inconvenient with small amounts, might be because I used BTC only for years. Lately I also learned dealing and managing in satoshis when I started getting small payments because of the sig campaigns. Im really slow when it comes to math so this helped me (experiencing it by using it yourself).
BTC + sat for me then, maybe BTC if I really had to choose.
I prefer to use BTC as opposed to those other units of measurement, I always need to look them up when someone mentions satoshis or mBTC. BTC + sat for me then, maybe BTC if I really had to choose.
And I don't really mind seeing values like 0.01 or 0.001 BTC
December 16, 2015, 05:16:47 AM
How the fuck is 100 satoshi a bit while 0.001BTC is a millibit?
Just use mills and crows.
Mills for millibitcoin or millibit
Crows for microbitcoin or microbit. (What most people call bit now).
It's also easy to remember for people not used to using milli and micro in their daily life. A crow is much smaller than a mill.
Written down you can use mBTC and μBTC (alternate if you can't write μ is uBTC )
Just use mills and crows.
Mills for millibitcoin or millibit
Crows for microbitcoin or microbit. (What most people call bit now).
It's also easy to remember for people not used to using milli and micro in their daily life. A crow is much smaller than a mill.
Written down you can use mBTC and μBTC (alternate if you can't write μ is uBTC )
December 16, 2015, 04:39:17 AM
Im curious about the statistics on this nowadays. Honestly I don't know if it's only me but im still used to BTC, even if it would be seen as inconvenient with small amounts, might be because I used BTC only for years. Lately I also learned dealing and managing in satoshis when I started getting small payments because of the sig campaigns. Im really slow when it comes to math so this helped me (experiencing it by using it yourself).
BTC + sat for me then, maybe BTC if I really had to choose.
BTC + sat for me then, maybe BTC if I really had to choose.
Exact the same story even with me. I had and have again difficulty to perceive the real value of the amount of bitcoin I have or receive if it is not told in bitcoin. If are used mbtc, or other small units of measurement I have no idea what is the real value of that amount. Must convert it in bitcoin and then understand. Recently I am practicing in understand better those smaller units but always will be better for me if can be used bitcoin itself in expressing every kind of amount in bitcoin. Even if it will be 1 satoshi. Only in this way I can understand easily and immediately the real value of the amount in question. Compared to bitcoin itself but even compared to the other currencies.
December 16, 2015, 02:48:52 AM
It depends on the amount and the context.
I mostly work in millibitcoins and have done since 2011:
e.g. "34.6 mills".
If an amount is a whole number of bitcoins I'll use this:
e.g. "4 BTC" or sometimes "4 bitcoins".
For tiny amounts such as fees I prefer microbitcoins and satoshis:
e.g. "25 mics" or "2500 satoshis".
If the value of a bitcoin rises sufficiently, perhaps to around 10 USD/mBTC, then I'll probably rebase to mics.
I mostly work in millibitcoins and have done since 2011:
e.g. "34.6 mills".
If an amount is a whole number of bitcoins I'll use this:
e.g. "4 BTC" or sometimes "4 bitcoins".
For tiny amounts such as fees I prefer microbitcoins and satoshis:
e.g. "25 mics" or "2500 satoshis".
If the value of a bitcoin rises sufficiently, perhaps to around 10 USD/mBTC, then I'll probably rebase to mics.
December 16, 2015, 02:22:21 AM
I have chosen the Other' option cause i think "0.1" is a better unit as it is some usable amount, It could be considered as a 50$ bill/note .
1 bitcoin is quite big and smaller values are just cents. so the above one is the median and perfect i guess.
1 bitcoin is quite big and smaller values are just cents. so the above one is the median and perfect i guess.
December 16, 2015, 02:11:51 AM
I tend to measure the BTC value by means of what goods / services I can get in return for BTC.
You'd be surprised, not everything is pegged to the USD, and that's how I like to price things myself. In terms of BTC.
You'd be surprised, not everything is pegged to the USD, and that's how I like to price things myself. In terms of BTC.
December 16, 2015, 01:10:53 AM
i find satoshi is very comfortable while calculating any amount related with bitcoins and it also helps many newbies like me to understand it well
December 16, 2015, 12:49:13 AM
Just use BTC, it's not that hard to calculate to your own currency tho.
If you use other than BTC, it would take a more complicated to measure the values. First you have to look how much BTC worth in your local currency, then convert the mBTC(just for example) to BTC.
If you use other than BTC, it would take a more complicated to measure the values. First you have to look how much BTC worth in your local currency, then convert the mBTC(just for example) to BTC.
yeah agree with this, for me it seems i''m dealing with other complicated things whereas i could directly convert BTC in our currency.
December 16, 2015, 12:32:57 AM
I really like BTC. Even if the numbers are ugly, like 0.003254 BTC, i still prefer this. I dont like all the 700mBTC and 920 Satoshis...
I prefer BTC as well, although I am okay with mBTC and Satoshi but BTC is what I use in my wallet and it is what I use in my conversions, some people are now starting to use Bits a lot but I don't like to use it much. These are the terms I was exposed to when I started my bitcoin journey and I don't see any reasons to use newer terms.
December 16, 2015, 12:04:58 AM
For me it's BTC or satoshi. Satoshi because I started out with faucets and it was very easy for me to understand. Bitcoin because of obvious reasons. It's easy to compare it fiat and such. Also easy to convert, well actually since the price keeps rising I do have to keep up with the market prices.
Same with me. We as faucet users started with just satoshis maybe that is why we are stucked in using this kind of measurement. I still do it with satoshis. It is really a lot easier for me in that way.
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