singular - milli
plural - millies

1milli
10 millies

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.

Millie and Mike could even be friends with Bob and Alice

That would be 2 millies, 456 mikes and 78 satoshis
or
245678 satoshis

Millie for .001 is the winner, imo.

May I propose 'milray' for .0001?


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I like "mills" or "millies".

The new default transaction fee is 5 mills per kilobyte, by the way.

1 satoshi  =  1e-9 BTC (since it/he doesn't really exist)

0.001 BTC = 1e-3 BTC  = = 1 millibitcoin  =  1 million satoshi  = 1 mill


I propose "1 mill"


we can have two camps one going to the left of the decimal, the other to the right and things can be thoroughly confused (and conflict with abbreviated millilitres and milligrams) but they will both agree on the mill.

mBTC - mills ftw! A single syllable and easy to understand.

I like using the slang of "millies" and "mikes" for the more formal "millibits" and "microbits", respectively.

These names are very easy to remember, for those of us that understand that 1 milli = 1e-3 and 1 micro = 1e-6.  Certainly almost everyone on this forum is going to intuitively grok that nomenclature.  It also gives me the mental picture of a bill with a face printed on it, in the same way that the term "Benjamin" refers to a $100 bill.

[Edited]Also, it appears that we already have general consensus that 0.00000001 BTC = 1 satoshi.

I agree with the abbreviation mbtc, the formal conventional form, millibits, in formal long form, millibitcoins, and in slang, mills or millis,

Not sure if this has been mentioned, but a millcoin makes the most sense to me.  1 mill = 1/10th of a cent.

mBitcoin is also another good one.

How about:
1 = bit
0.01 = 10^-2 = nit
10^-4 = mit
10^-6 = dit
10^-8 = pit

or substitute for your favorite 1st letters.

Actually, maybe nit and mit might sound too similar, e.g. over the phone, "WHAT, you're selling your car for 99 nits? That's a hundred times more than I expected,... ahh, mits, mits, now I understand. Haha, I thought you said nits, haha."

A car for 99 mits... hmm, that'd be about $200,000 per bit, depending on your definition of car.  Guess it'll take a while to get that high, though if it went up a factor of 10 every month, like last month, then we've only to wait until 2012 at the latest.

millibit
millicoin

Here are submissions so far, in roughly reverse alphabetical order:

zibit

ubitcoin

TriBit (2)

Tiny-Bit

tidbit

tBit - pronounced tee-Bit; t as in one thousandth of a BitCoin

nibit

Nibble

nanocoin

Milth

millie(s)

millicoin,milicoin (9)

millicent

milliBitty

Millibitcoin

millibit,milibit (15)

Millebit

millcoin

MillBit

MiliBit

miliBC

milbtc

MilBits

mil

Microcoin

mic

mBTC og 1000-parts

mBitcoin

m1, 2m etc.

Little Penny Bitcoin

Litbit

LilBit  (2)

Kris

groat

farthing

do bit - at this small size it's no longer a question of value but principles - what will you do in the world with a tiny little influence?

credit

Bity

BittyCoin

BittyCent

bitty bitlet (then 0.01 is a bitlet, then 0.01 is a bit, then 1.0 is a bitcoin)

Bitty (plural form: Bitties)

bitty

Bitping

bitney

bitmillit

BitMillen

10 satoshi's

BitMill, Bitmil - (10)

Bitmi

bitly

Bitlet, bitlit (4)

bithun

Bithou

BitDots

Bitcoin atom

Bitchit

bitcent (2)

BitByte  (2)

bitbit (3)

Bitbat

Bit-Tot

Bit-Mini

bit-hundredth

bit

BB

bantam bit

BajtCent

Amir

bitpence

bitk, pronounced bit-kay. Simple, short, and 1000 bitk would be one bitcoin.

bitillion

I'd encourage people to look over all of these and continue the discussion about what is the most useful name.  Spelling isn't so relevant for now, its the phonetic sound I'm curious about, I've doubled up those suggestions that have the same sound.

I vote for "mil".

It's short and sweet.  It's technically correct.  It's ambiguous enough that Americans won't immediately think of it as having very little value.

I'm still advocating for bitmill for several reasons.
1. People can easily attribute BITmill to the bitcoin service.
2. It follows the pattern of BITcoins BITcent, blah blah blah.
3. A mill is a legit piece of currency within the Unites States.  Gas prices have a mill price at the end of the price.
4.  It flows together in a phonic manner.
 

I like millibit myself. 

As said before it lends itself to be used a millie, and could end up being a common transaction amount.

1 Bitcoin
.01 Bitcent
.001 Millibit

and so forth.

Skysurfer808

millibit

FPGA hashers are 'bit mills'. Cut the 'bit', just leave 'mils'.

Millbit? I think that's the most realistic

millibit.

Accurate, easy, and short. 

Also the nice thing is that since bit (general nonbitcoin word) is a discrete unit there is no such concept of sub bit.  Therefore without spelling out "coin" it becomes disambiguous that the speaker is talking about only bitcoin.

I guess I thought people were already referring to them as millibits.

0.001 BTC = "one milliBTC" or one Millie
0.000001 BTC = "one microBTC" or one Mike

0.001 = milibit = "milies" (pronounced mil-E-zzz) IMO

You can stop bumping this thread. The 5 BTC bounty ($30 total when this offer was made) was paid almost three years ago (the winner was "milliBit"): https://bitcointalk.org/index.php?topic=8282.msg136944#msg136944.

The reference client has had mBTC for this amount (along with µBTC) for two years.