What is Eight Bit?
1.
1/16 oz of cannabis resin. Used to cost £8 and you were meant to get 8 joints out of it (but more like 3 to 5). Most dealers would not sell quantities so small.
Term used in the west of Scotland in the 1990s. I wouldn't know if it is still used (its likely that drug prices have changed since then).
unreliable scoundrel: Got any hash, Mr dealer?
Mr dealer: Alas not.
unreliable scoundrel: Not even an eight bit?
See
2.
The number of pixels that made up a picture or character in an old game usually on the systems like the NES or ATARI.
OMFG Nintendo is eight bit and it's still teh Ownz0r.