From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-4.v43.ch3.sourceforge.com ([172.29.43.194] helo=mx.sourceforge.net) by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WOUTS-0007Ly-8p for bitcoin-development@lists.sourceforge.net; Fri, 14 Mar 2014 15:56:42 +0000 Received-SPF: pass (sog-mx-4.v43.ch3.sourceforge.com: domain of m.gmane.org designates 80.91.229.3 as permitted sender) client-ip=80.91.229.3; envelope-from=gcbd-bitcoin-development@m.gmane.org; helo=plane.gmane.org; Received: from plane.gmane.org ([80.91.229.3]) by sog-mx-4.v43.ch3.sourceforge.com with esmtps (TLSv1:AES256-SHA:256) (Exim 4.76) id 1WOUTQ-0000xK-DM for bitcoin-development@lists.sourceforge.net; Fri, 14 Mar 2014 15:56:42 +0000 Received: from list by plane.gmane.org with local (Exim 4.69) (envelope-from ) id 1WOUTJ-0000kN-FV for bitcoin-development@lists.sourceforge.net; Fri, 14 Mar 2014 16:56:33 +0100 Received: from f052017201.adsl.alicedsl.de ([78.52.17.201]) by main.gmane.org with esmtp (Gmexim 0.1 (Debian)) id 1AlnuQ-0007hv-00 for ; Fri, 14 Mar 2014 16:56:33 +0100 Received: from andreas by f052017201.adsl.alicedsl.de with local (Gmexim 0.1 (Debian)) id 1AlnuQ-0007hv-00 for ; Fri, 14 Mar 2014 16:56:33 +0100 X-Injected-Via-Gmane: http://gmane.org/ To: bitcoin-development@lists.sourceforge.net From: Andreas Schildbach Date: Fri, 14 Mar 2014 16:56:23 +0100 Message-ID: References: <52852C2D.9020103@gmail.com> <52853D8A.6010501@monetize.io> <362072F0-1EA8-4474-AE26-4691C852A22C@bitsofproof.com> Mime-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit X-Complaints-To: usenet@ger.gmane.org X-Gmane-NNTP-Posting-Host: f052017201.adsl.alicedsl.de User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:24.0) Gecko/20100101 Thunderbird/24.3.0 In-Reply-To: X-Enigmail-Version: 1.5.2 X-Spam-Score: -0.4 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -0.0 RCVD_IN_DNSWL_NONE RBL: Sender listed at http://www.dnswl.org/, no trust [80.91.229.3 listed in list.dnswl.org] -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain -0.0 SPF_HELO_PASS SPF: HELO matches SPF record 1.1 DKIM_ADSP_ALL No valid author signature, domain signs all mail -0.0 T_RP_MATCHES_RCVD Envelope sender domain matches handover relay domain -0.0 SPF_PASS SPF: sender matches SPF record X-Headers-End: 1WOUTQ-0000xK-DM Subject: Re: [Bitcoin-development] moving the default display to mbtc X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 14 Mar 2014 15:56:42 -0000 Indeed, rounding is the obvious easy fix. Bitcoin Wallet rounds all amounts except if you type amounts with a higher precision. On 03/14/2014 04:32 PM, Mike Hearn wrote: > The issue here is that most people are producing prices in BTC by just > multiplying through the spot rate with full precision. Obviously if you > converted dollar prices to Euro prices with the same technique, you'd > also end up with lots of numbers after the decimal point, but in the > real world nobody actually does this. They always "prettify" the price. > > This practice often annoys people because they feel like they get short > changed. The most notorious example is Apple which likes (liked?) to > charge 99 cents per iTunes song in the USA, and 99 pennies per song in > the UK, despite that the British pound is worth a lot more than the > dollar. It should be more like 60 pence. > > Nothing stops BitPay rounding the mBTC price to look more natural, but > right now it's not common practice. > > > On Fri, Mar 14, 2014 at 4:02 PM, Andreas Schildbach > > wrote: > > By that definition 3.56 is a price. Maybe I misunderstood you and you're > lobbying for mBTC? > > > On 03/14/2014 03:57 PM, Tamas Blummer wrote: > > you miss the point Andreas. It is not about the magnitude but about > > the form of a price. > > > > A number with no decimals or with two decimals is percieved as a > > price in some currency. > > > > A number with more than two decimals is just not percieved as a price > > but as a geeky something that you rather convert to local currency. > > > > Tamas Blummer > > Bits of Proof > > > > On 14.03.2014, at 15:49, Andreas Schildbach > > >> wrote: > > > >> How much do you pay for an Espresso in your local currency? > >> > >> At least for the Euro and the Dollar, mBTC 3.56 is very close to what > >> people would expect. Certainly more familiar than µBTC 3558 or BTC > >> 0.003578. > >> > >> Anyway, I was just sharing real-world experience: nobody is confused. > >> > >> > >> On 03/14/2014 03:14 PM, Tamas Blummer wrote: > >>> You give them a hard to interpret thing like mBTC and then wonder > >>> why they rather look at local currency. Because the choices you > >>> gave them are bad. > >>> > >>> I think Bitcoin would have a better chance to be percieved as a > >>> currency of its own if it had prices and fractions like currencies > >>> do. > >>> > >>> 3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits > >>> would be. > >>> > >>> > >>> Tamas Blummer Bits of Proof > >>> > >>> On 14.03.2014, at 15:05, Andreas Schildbach > > >>> >> > >>> wrote: > >>> > >>>> btw. None of Bitcoin Wallet's users complained about confusion > >>>> because of the mBTC switch. In contrast, I get many mails and > >>>> questions if exchange rates happen to differ by >10%. > >>>> > >>>> I suspect nobody looks at the Bitcoin price. It's the amount in > >>>> local currency that matters to the users. > >>>> > >>>> > >>>> On 03/13/2014 02:40 PM, Andreas Schildbach wrote: > >>>>> Indeed. And users were crying for mBTC. Nobody was asking for > >>>>> µBTC. > >>>>> > >>>>> I must admit I was not aware if this thread. I just watched > >>>>> other wallets and at some point decided its time to switch to > >>>>> mBTC. > >>>>> > >>>>> > >>>>> On 03/13/2014 02:31 PM, Mike Hearn wrote: > >>>>>> The standard has become mBTC and that's what was adopted. > >>>>>> It's too late to try and sway this on a mailing list thread > >>>>>> now. > >>>>>> > >>>>>> > >>>>>> On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe > >>>>>> > > > >>>>>> >> wrote: > >>>>>> > >>>>>> The MultiBit HD view is that this is a locale-sensitive > >>>>>> presentation issue. As a result we offer a simple > >>>>>> configuration panel giving pretty much every possible > >>>>>> combination: icon, m+icon, μ+icon, BTC, mBTC, μBTC, XBT, > >>>>>> mXBT, μXBT, sat along with settings for leading/trailing > >>>>>> symbol, commas, spaces and points. This allows anyone to > >>>>>> customise to meet their own needs beyond the offered default. > >>>>>> > >>>>>> > >>>>>> We apply the NIST guidelines for representation of SI unit > >>>>>> symbols (i.e no conversion to native language, no RTL giving > >>>>>> icon+m etc). > >>>>>> > >>>>>> Right now MultiBit HD is configured to use m+icon taken from > >>>>>> the Font Awesome icon set. However reading earlier posts it > >>>>>> seems that μ+icon is more sensible. > >>>>>> > >>>>>> Let us know what you'd like. > >>>>>> > >>>>>> Links: m+icon screenshot: http://imgur.com/a/WCDoG Font > >>>>>> Awesome icon: > >>>>>> http://fortawesome.github.io/Font-Awesome/icon/btc/ NIST SI > >>>>>> guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html > >>>>>> > >>>>>> > >>>>>> On 13 March 2014 12:56, Jeff Garzik > >>>>>> > > >>>>>> >> wrote: > >>>>>> > >>>>>> Resurrecting this topic. Bitcoin Wallet moved to mBTC > >>>>>> several weeks ago, which was disappointing -- it sounded like > >>>>>> the consensus was uBTC, and moving to uBTC later --which will > >>>>>> happen-- may result in additional user confusion, thanks to > >>>>>> yet another decimal place transition. > > > > ------------------------------------------------------------------------------ > Learn Graph Databases - Download FREE O'Reilly Book > "Graph Databases" is the definitive new guide to graph databases and > their > applications. Written by three acclaimed leaders in the field, > this first edition is now available. Download your free book today! > http://p.sf.net/sfu/13534_NeoTech > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > > https://lists.sourceforge.net/lists/listinfo/bitcoin-development > > > > > ------------------------------------------------------------------------------ > Learn Graph Databases - Download FREE O'Reilly Book > "Graph Databases" is the definitive new guide to graph databases and their > applications. Written by three acclaimed leaders in the field, > this first edition is now available. Download your free book today! > http://p.sf.net/sfu/13534_NeoTech > > > > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development >