Ninjastic
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Re: [ANN] BitcoinStore.com (Beta) - Electronics super store with over 500K items!
by
willphase
on 11/04/2013, 08:06:53 UTC
Quote from: caveden on April 11, 2013, 06:37:47 AM
Quote from: BitcoinStore on April 10, 2013, 11:53:14 PM
Quote from: caveden on April 08, 2013, 06:25:07 AM
Hey BitcoinStore, time to start displaying prices in mBTC, don't you think? Wink

We'll be adding a couple decimal places in soon! Smiley

Nah, adding decimal places is... "weird". Soon we'll have to express prices in scientific notation. Cheesy

Just express your prices in mBTC, I think it's about time. One mBTC is worth more than 10 cents of dollar already. Instead of saying an item costs 0.12 BTC, just say it costs 120 mBTC, for example.

Well, these are just my 2 millies. Wink


While I agree with you from a SI perspective that 1000 (milli) and 1000,000 (micro) make for better units, most countries' courancy systems use a subunit of 100 instead of a subunit of 1000 so I think the average layman would probably better understand bitcent or cBTC rather than bitmillis or mBTC - so in your example 0.12 would rather be 12bitcents.  But I know this is a debate that's been rehashed several times on this forum - to be honest it's something that will develop organically on its own and doesn't need anyone to 'decide' what is best.

Interesting side question - does anyone know why the convention became to subdivide by 100 instead of another number?  Maybe just because 100 is easy to count on a reasonably sized abacus...?

Will