You can go to
http://blockexplorer.com/q/totalbc
and get the current total.
Then while bitcoin generates 50 coin per block (until 2013, right?)
rate = 100% * 50.0 * 6*24*365 / totalbc
As I was writing this, totalbc was 7207850.
rate = 100% * 50.0 * 6*24*365 / 7207850.0 = 36.46%
Topic: Bitcoin yearly inflation rate? (Read 1529 times)
(I changed the word from "inflation" to BTC Increase rate - only to avoid a pointless argument over whether inflation is a monetary phenomena or a pricing phenomena. I am well aware of that debate in economics, but it should be clear in this context what I meant: monetary inflation)
Answering my own question, here is the table:
Hope this table format comes out right.
It looks like another few years until Bitcoin generation rate is in the same reported range for existing "printed" currencies.
Demand may remain strong, however, so the above says nothing about what relative value it will have.
Answering my own question, here is the table:
| Year | New BTCs/yr | Start BTCs | End BTCs | BTC Increase |
| 2009 | 2625000 | 0 | 2625000 | infinite |
| 2010 | 2625000 | 2625000 | 5250000 | 100.0% |
| 2011 | 2625000 | 5250000 | 7875000 | 50.0% |
| 2012 | 2625000 | 7875000 | 10500000 | 33.3% |
| 2013 | 1312500 | 10500000 | 11812500 | 12.5% |
| 2014 | 1312500 | 11812500 | 13125000 | 11.1% |
| 2015 | 1312500 | 13125000 | 14437500 | 10.0% |
| 2016 | 1312500 | 14437500 | 15750000 | 9.1% |
| 2017 | 656250 | 15750000 | 16406250 | 4.2% |
| 2018 | 656250 | 16406250 | 17062500 | 4.0% |
| 2019 | 656250 | 17062500 | 17718750 | 3.8% |
| 2020 | 656250 | 17718750 | 18375000 | 3.7% |
| 2021 | 328125 | 18375000 | 18703125 | 1.8% |
| 2022 | 328125 | 18703125 | 19031250 | 1.8% |
| 2023 | 328125 | 19031250 | 19359375 | 1.7% |
| 2024 | 328125 | 19359375 | 19687500 | 1.7% |
| 2025 | 164062.5 | 19687500 | 19851562.5 | 0.8% |
| 2026 | 164062.5 | 19851562.5 | 20015625 | 0.8% |
| 2027 | 164062.5 | 20015625 | 20179687.5 | 0.8% |
| 2028 | 164062.5 | 20179687.5 | 20343750 | 0.8% |
| 2029 | 82031.25 | 20343750 | 20425781.25 | 0.4% |
| 2030 | 82031.25 | 20425781.25 | 20507812.5 | 0.4% |
| 2031 | 82031.25 | 20507812.5 | 20589843.75 | 0.4% |
| 2032 | 82031.25 | 20589843.75 | 20671875 | 0.4% |
| 2033 | 41015.625 | 20671875 | 20712890.63 | 0.2% |
Hope this table format comes out right.
It looks like another few years until Bitcoin generation rate is in the same reported range for existing "printed" currencies.
Demand may remain strong, however, so the above says nothing about what relative value it will have.
The inflation rate reflects the rise of general prices, not the number of existing bitcoins. That's something completly different.
Has anyone calculated a graph of the inflation rate over time? (The derivative of the total BTC).
I have seen the long term calculated Bitcoin generation graph that maxes out at 21M. That is not what I want.
Or alternatively, is there a table of approximate inflation, e.g.:
(These are made up numbers)
Date StartBTC EndBTC Inflation
2009 0 1M Infinite
2010 1M 3.8M 380%
2011 3.8M 6.5M 102%
....
2050 21.45M 21.46M .02%
Is there such a table or graph? I can probably calculate out the numbers myself but is it already done somewhere?
thanks in advance
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