What unit do you find more comfortable when measuring BTC values? - page 3.

eddie13

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BTC or BUST

Quote from: franky1 on December 14, 2015, 01:56:24 PM

to be honest, visually 0.00007600 is easier to find the position (less need to double check if its 3-4 zero's in a quick glance.
0.000076 causes me to double check as losing a zero can cost alot

+500

I hate when they cut the last of the decimals off.

bitcoin-hunter

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mBTC or BTC is the best to measure the bitcoins.
For me I use more often the mBTC, because 1 dollar is 0.002 is around 1 dollar so that is just good to see how much 1 dollar or 100 dollar is. I will to like to know if other person have other measuring methods that I can use.

David Rabahy

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Many folks are comfortable with two places after the decimal point. So with μBTC one Satoshi is 0.01μBTC making the Satoshi a little like a penny, especially when 1BTC=$1,000,000 or rather 1μBTC=$1.

franky1

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Quote from: maokoto on December 14, 2015, 01:34:26 PM

I am pretty accostumed to use BTC and satoshis, but when I see a quantity written in bits (for example) I have to do some mental math to get an exact idea of the value.

Also with BTC amounts not including the trailing 0s, I get a little confused. For example 0.000076 BTC is more confusing than 0.00007600 at least for me.

to be honest, visually 0.00007600 is easier to find the position (less need to double check if its 3-4 zero's in a quick glance.
0.000076 causes me to double check as losing a zero can cost alot

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

I am pretty accostumed to use BTC and satoshis, but when I see a quantity written in bits (for example) I have to do some mental math to get an exact idea of the value.

Also with BTC amounts not including the trailing 0s, I get a little confused. For example 0.000076 BTC is more confusing than 0.00007600 at least for me.

lolgato

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I love using satoshi and normal BTC anything else confuses me.

Erkallys

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I find that the easier unit is the BTC, mBTC can also be useful when you're measuring smaller amounts, like a coffee or food.

Amph

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the smallest divisor for me, so 1 satoshi, you cna be more precise in the measurements for small numbers, and you don't need fancy suffix, that some may confuse

OmegaStarScream

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I use BTC as unit , anything else for me seem to be complicated to convert it to Euro , GBP , Dollar or other currencies . But overall it's just a matter of getting used to it , if you are used to use faucets etc ... you will more then likely know how to use Satoshi's and the other small units .

Blind Legs Parker

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Quote

for long term standardization it should be 2256.30bits

Man that's actually a great idea! That's decided, from now on, my everyday unit will be the bit. That way I can consider these annoying counterintuitive satoshis as bitcents.

AtheistAKASaneBrain

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Quote from: nachoig on December 14, 2015, 12:15:52 PM

Satoshi and BTC.

Since the major part of the transaction happens with the fractions, I think it's more comfortable to talk about satoshi instead of trying to reading something with 8 decimal points using other units. If not, beeter to read the entire value.

But why someone would create a currency with 8 decimal points instead of using just atomic units is beyond me. Although I wouldn't to see this changing.

Quote from: chennan on December 14, 2015, 12:15:36 PM

I believe that any measurement that uses the metric system is the easiest way to discuss values in general when discussing an amount of bitcoin with someone else. I believe that slang terms like "millie" or "satoshi" should just be left out when trying to have an honest conversation. Everyone tends to know the metric system universally since it's used for every type of scientific measurement, and I think that it should be kept that way since bitcoin is trying to become the first global currency.

Plus I mean think about it... while everyone on here knows what a "satoshi" is, is there any real reason to be measuring your bitcoin value in satoshis? There is literally no value in a satoshi, and it's misleading to say you have 1K satoshi's on hand when that still is in a sense, nothing.

I don't get the point, however. There was one day where even 1 BTC was just fraction of cent of one US dollar. Saying you have 1000 BTC didn't mean anything relevant.

Same, it's the only way I can put things into context. Since the price of Bitcoin changes too much, the intermediate units make my mind get a bit confused, BTC and satoshi are the stuff I use the most.

Jeremycoin

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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.

nachoig

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Satoshi and BTC.

Since the major part of the transaction happens with the fractions, I think it's more comfortable to talk about satoshi instead of trying to reading something with 8 decimal points using other units. If not, beeter to read the entire value.

But why someone would create a currency with 8 decimal points instead of using just atomic units is beyond me. Although I wouldn't to see this changing.

Quote from: chennan on December 14, 2015, 12:15:36 PM

I believe that any measurement that uses the metric system is the easiest way to discuss values in general when discussing an amount of bitcoin with someone else. I believe that slang terms like "millie" or "satoshi" should just be left out when trying to have an honest conversation. Everyone tends to know the metric system universally since it's used for every type of scientific measurement, and I think that it should be kept that way since bitcoin is trying to become the first global currency.

Plus I mean think about it... while everyone on here knows what a "satoshi" is, is there any real reason to be measuring your bitcoin value in satoshis? There is literally no value in a satoshi, and it's misleading to say you have 1K satoshi's on hand when that still is in a sense, nothing.

I don't get the point, however. There was one day where even 1 BTC was just fraction of cent of one US dollar. Saying you had 1000 BTC didn't mean anything relevant.

chennan

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I believe that any measurement that uses the metric system is the easiest way to discuss values in general when discussing an amount of bitcoin with someone else. I believe that slang terms like "millie" or "satoshi" should just be left out when trying to have an honest conversation. Everyone tends to know the metric system universally since it's used for every type of scientific measurement, and I think that it should be kept that way since bitcoin is trying to become the first global currency.

Plus I mean think about it... while everyone on here knows what a "satoshi" is, is there any real reason to be measuring your bitcoin value in satoshis? There is literally no value in a satoshi, and it's misleading to say you have 1K satoshi's on hand when that still is in a sense, nothing.

goinmerry

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I prefer using satoshis. I started with faucets that is why I am used to converting all in satoshis. Besides it makes bitcoin more larger.

eddie13

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BTC or BUST

People will just have to get used to calculating their money in decimals, I don't think bits and mbits are going to catch on..

You have to understand BTC and SAT before you can understand bits and Mbits so it just adds another layer of complication..

I think it's easiest to say 33k sat, 512k sat, or 1.3m sat than to try to convert to the others..

LiteCoinGuy

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In Satoshi I Trust

1 Bitcoin = 1.000.000 bits. easy.

end.

franky1

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Quote from: amacar2 on December 14, 2015, 11:48:26 AM

I get confused when some dice or gambling sites shows my balance in different form like bits, mbtc etc. I like to see my bitcoin in BTC form, for fiat also we use 0.01$ rather than cent. I also feel same for bitcoin and want it as whole bitcoin form.

but imagine if walmart and 7-eleven pricetagged everything as decimals of $1000..
EG
$10 is D0.01

it is more easier to start from the bottom up than the top down. so imagine you have 0.00225630btc. ($10)
for long term standardization it should be 2256.30bits
because changing standards every 6months to a year is going to confuse people.
and sticking with 0.00225630btc is just going to pee people off not just for having to count zero's to make sure they dont accidentally send $100 or $1 instead of $10. but also those zero's will just remind people they dont have a whole coin.. so they will always feel they are losing out by never having a full bitcoin

'bits' just makes send long term

helloeverybody

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I prefer satoshis, At first it was a bit confusing but now all the other terms likembtc i have no clue what people are talking about.

croato

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1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr

Bitcoins and satoshis meets all my needs when i measure BTC values. Any other unit just confuse me and i have to calculate.

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