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Suggestion: Formatting BTC prices as 0.00'000'123 BTC
28 sats \ 7 comments \ @03a7142a30 4 Sep 2021 bitcoin freebie
This has been already discussed on twitter and elsewhere, but I really like the idea to format Bitcoin denominated prices with separator on thousands of sats. For example
Fee: 0.00'000'003 BTC (= 3 sats) Pay: 0.00'100 BTC (= 50 USD)
It makes it much easier to understand and parse quickly. For small amounts I think it's probably still better to use sats, but when the price is closer to Bitcoin, then this works well.
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23 sats \ 0 replies \ @k00b 4 Sep 2021
I think it visually works really well. I get it pretty much immediately.
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23 sats \ 0 replies \ @mf 5 Sep 2021 freebie
Definitely makes sense. I've seen some suggestions to format it with commas or dots, which I don't think is a good idea, since different countries have different meaning for that. This ticks makes a lot more sense, and indeed makes it a lot easier to spot the sat amount 👌
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22 sats \ 0 replies \ @nout 5 Sep 2021
I like that it has a nice symmetry to it: 20,999,999.97'690'000 BTC (USA+) 20 999 999,97'690'000 BTC (Europe+)
(and the beauty is that we know that the number won't be bigger than the one I put above :D)
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21 sats \ 2 replies \ @qecez 6 Sep 2021
I don't like it, it's terribly confusing
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21 sats \ 1 reply \ @nout 7 Sep 2021
Which aspect do you find the most confusing? Is it the fact that after decimal point there are only two zeroes?
The test that I tried doing on myself is "without looking it up, can I buy a beer for 0.0001 BTC?" I already have some feel on sats that couple thousand sats is around a dollar, but the number above makes it quite hard to figure out how many sats is that.
If I use the format with padding, "0.00'010'000 BTC", then I'm able to guess that yea, that should be just about enough to get a beer at a bar. For smaller amounts like this it would be probably better to have just "10k sats", but then for amounts around $1000 I think this format can help.
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21 sats \ 0 replies \ @qecez 7 Sep 2021
Just don't strip away the decimals (even if they're all 0s) and then it's pretty straightforward: "A beer costs 0.00010000 Bitcoin"
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21 sats \ 0 replies \ @SHADOWY_SUPER_STACKER 6 Sep 2021
Like it. Too many people don't know yet that 100M Sats = 1 BTC. This makes it easier.
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