Topic: [CHART] Bitcoin Inflation vs. Time - page 10. (Read 1189061 times)
BitCoin is the Most Amazing Currency At the Moment
Ok, I am not exactly sure how this works, so please excuse my ignorance.
Would it not be possible to bring online with new technology some mining rigs that do Petahash/s(PT/s) soon? and after that... the machines catch up to and surpass the difficulty level?
So Bitcoin was inherently created to only give out so many BTC based on TIME not difficulty??
So even if we find ourselves with a machine that can do 600000000000 MHash/s it would still take 127 years?
Just saw this. Wow
Nice explanation to the digital currency
Seriously, why premined coins are no good? Ok, I'll make a bunch of phony tokens and keep a big portion.
Then just give out enough for the peasants to use and build up it's value. Once they built it up, I sell my premined tokens and buy up all the value to keep for myself.
In this case, I dump it and get all the BTC for myself and leave the peasants with a worthless tokens.
Then just give out enough for the peasants to use and build up it's value. Once they built it up, I sell my premined tokens and buy up all the value to keep for myself.
In this case, I dump it and get all the BTC for myself and leave the peasants with a worthless tokens.
which I know Inflation When the price of goods / services goes up (many requests) the value of Bitcoin decreases. it seems that I am confused if exposed to a graphic scale, difficult to understand. because I'm not an expert on calculations.
We will wait for 2020 for the bitcoin halftone. I fi, I expect to have $ 150,000 then
What happens when no blocks can be mined. How do transactions get processed then ?
Mнe тoжe интepecнo paccкaжитe пoжaлyйcтa Useful graphs, props.
Coглaceнь Can you make a version with logarithmic scales?
Bpяд ли мoгyт
Can you make a version with logarithmic scales?
I have gone through the posts on this thread and the posts of of people sounds funny now 
There are also a bunch of garbage posts. Honestly, I don't see why it should still be pinned to the top, as an update to the charts to deal with the drifting halving dates seem like they're never ever going to happen.
... the level of idiocy on display is kind of astounding tbh ... maybe it's mostly bots testing latest mods?
I have gone through the posts on this thread and the posts of of people sounds funny now
There are also a bunch of garbage posts. Honestly, I don't see why it should still be pinned to the top, as an update to the charts to deal with the drifting halving dates seem like they're never ever going to happen.
I have gone through the posts on this thread and the posts of of people sounds funny now
So , basically the chart is showing instantaneous rate of inflation with respect to the given time period. The money supply inflation rate is being shown rather than the price inflation which is a keynesian approach.
I think bitcoin will not have inflation over time. Bitcoin will be a solution to the inflation period, transactions will be fair. The government will give up inflation as a tool for economic management. Look forward
Is there any theory that can show when price will get to a specific price with a precise range of timing.
This is a very good chart certainly something to consider for the long term. Is good to keep an eye on the market changes.
Thank you for it.
Thank you for it.
Very interesting charts you have posted. I think that, that is the long term outcome :-) Imagine the world by then. Hopefully the Earth will be taken care of, or people will use the money for something that is going to change how things currently are. But thank you for posting this really nice. 
Inflation is when added USD are authorized and then put into circulation so that there are actually MORE USD available to be used.
An example of "inflation" is when a company with 1 million shares (stocks) decides to issue another million shares. That makes a total of 2 million shares available and the holders of the original million shares are now holding something only half as valuable because there are more total shares and they (the original holders) now only hold half of the company. In stocks, this is called dilution of value instead of inflation. It's like if you had 100% wiskey and poured an equal amount of water into it.
An example of "inflation" is when a company with 1 million shares (stocks) decides to issue another million shares. That makes a total of 2 million shares available and the holders of the original million shares are now holding something only half as valuable because there are more total shares and they (the original holders) now only hold half of the company. In stocks, this is called dilution of value instead of inflation. It's like if you had 100% wiskey and poured an equal amount of water into it.
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