Adjective
(US, informal) Costing 25 cents.
(US, idiomatic, slang) Insignificant or worthless.
Forget that two-bit shyster. Get yourself a real lawyer.
Any time I'm not shooting my mouth off to a clichéd, two-bit creature of the night like you, it's because I'm up to something. Jim Butcher
I wrote and directed a movie called Two-Bit Waltz. Clara Mamet
He's probably the single most untalented person I've heard in my life. He's a two-bit pretentious academic, and he can't play rock'n'roll, because he's a loser. And that's why he dresses up funny. He's not happy with himself, and I think he's right. Lou Reed
A lead from a two-bit dealer at a fight last week had brought him to this bar. Source: Internet
Extended Hamming codes achieve a Hamming distance of four, which allows the decoder to distinguish between when at most one one-bit error occurs and when any two-bit errors occur. Source: Internet
Putting them together yields a two-bit counter: You can continue to add additional flip-flops, always inverting the output to its own input, and using the output from the previous flip-flop as the clock signal. Source: Internet