Topic: [CHART] Bitcoin Inflation vs. Time - page 12. (Read 1216127 times)
It depends how you would like to use them. if you want to make cryptocurrency used mainstreamly, it should be stable
Good opinion, but I think the crypto currency can`t be stable this is a good part of innovations. Crypto currencies should always fluctuated and gives a possibility to make money for all of us every single moment.
Hopefully the predictions are right, I hope the bitcoin prices are stable again
Its condition is now very sad
Its condition is now very sad
Great work. but i belive that the price of bitcoin will increase by time to time.
Forgive my ignorance here, but I'm not sure I understand this graph. I'm not a math genius or economics genius, but I thought inflation was a rise in prices due to an increase in the money supply, which is obviously not what we see graphed here. How is inflation defined in this graph?
I agree with i dont understand either what theyre trying tp prove about inflation, as what i've also thought its about increase of money,.i apologize also to interrupt your other way of defining inflation.
I have the pictures display well
Pictures not working...
Bitcoin inflation which different from the normal currency inflation is unpredictable.Also bitcoin supply chain willreach to its end soon.....
A clarifying note: These charts show the monetary (supply) inflation of Bitcoin. They bear no relation to price inflation, which is an entirely distinct phenomenon. When Austrian economists say "inflation," they're typically referring to monetary inflation, whereas Keynesian economists are typically referring to price inflation.
Also, please note that the top axis ("Year") on these charts is approximate, based on the scheduled block generation rate of one block per 10 minutes. The actual block generation rate has averaged a bit faster than this, due to the perpetually increasing hash rate, so we're already a little bit further progressed than the labels along the top axis would suggest. This doesn't mean there will be any more than 21M bitcoins; it only means that we'll reach the end of supply generation a little bit sooner than we would have if the hash rate had always held constant.
Permission given to use and reproduce freely.
Also, please note that the top axis ("Year") on these charts is approximate, based on the scheduled block generation rate of one block per 10 minutes. The actual block generation rate has averaged a bit faster than this, due to the perpetually increasing hash rate, so we're already a little bit further progressed than the labels along the top axis would suggest. This doesn't mean there will be any more than 21M bitcoins; it only means that we'll reach the end of supply generation a little bit sooner than we would have if the hash rate had always held constant.
http://www.mattwhitlock.com/Bitcoin%20Inflation.png
Bitcoin Inflation 4x3.pdf (8"×6") | Bitcoin Inflation.pdf (8½"×11")
http://www.mattwhitlock.com/Bitcoin%20Inflation%20logarithmic.png
Bitcoin Inflation logarithmic.pdf (8"×6")
Bitcoin Inflation 4x3.pdf (8"×6") | Bitcoin Inflation.pdf (8½"×11")
http://www.mattwhitlock.com/Bitcoin%20Inflation%20logarithmic.png
Bitcoin Inflation logarithmic.pdf (8"×6")
Permission given to use and reproduce freely.
On the above diagram shows that inflation rate is decreasing in day by day and monetary base is increasing day by day. That means Bitcoin is an important and very benefitial for us. so we must have to work to Bitcoin.
On a purely theorical point of view, a currency is supposed to auto-correct itself.
... relative to what?
I guess nobody still understand how cryptocurrency will behave in the future
Very nice picture. This is the evidence that the bitcoin rate is increasing when the time goes by.
Interesting info. I read it few times.
Let's see how will BTC chage price this year.
Let's see how will BTC chage price this year.
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.
Could someone plz care to explain why premined coins are not welcome by all the community? A premined coin as Iota or Raiblocks (I'm not saying that they are good) do not create inflation on the expanse of the monetary base and they are not mined - so there is no taxes for transactions as well. Why is the minning and expanse of the monetary base so dear to a big part of the community?
In general inflation is never good. One may say it is important becouse they see deflation or stagnation as no good either... but inflation per se ir never good.
In general inflation is never good. One may say it is important becouse they see deflation or stagnation as no good either... but inflation per se ir never good.
Ummm that is interesting, I have not seen such a information. Thanks for the work.
On a purely theorical point of view, a currency is supposed to auto-correct itself.
... relative to what?
On a purely theorical point of view, a currency is supposed to auto-correct itself.
Nowadays, almost every governement or central banks use credit rates to support their economy.
It will be pretty interessing to see how a curency that is not subject to those QE/QT policies, behaves.
Nowadays, almost every governement or central banks use credit rates to support their economy.
It will be pretty interessing to see how a curency that is not subject to those QE/QT policies, behaves.
How can we when will be the inflation occur? Newbee here i have no idea sir. Can you please give me advice?
Am I allowed to use the graphs with regards to author? I would like to use it on my blog page. Very clear info graphics
Awesome chart here; obviously traditional fiat currency rules don't apply to BTC yet, but they definitely are food for thought.
Thanks for sharing.
Thanks for sharing.
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