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Topic: [CHART] Bitcoin Inflation vs. Time - page 15. (Read 1199448 times)

newbie
Activity: 8
Merit: 0
November 29, 2017, 11:58:56 AM
Do you believe that the BTC will continue to rise?
sr. member
Activity: 1988
Merit: 453
November 29, 2017, 06:57:56 AM
It seems that the inflation rate will continue well into the 2030s till it plateaus out!!! This is some very interesting stuff and I can only imagine its impact on the world! Different people with different backgrounds will be very interested in this one! I wish btc all the best Smiley
newbie
Activity: 10
Merit: 0
November 29, 2017, 06:32:09 AM

The graphs are showing exactly what I am anticipating on bitcoin inflation industry in the coming years. It gives us more input on future investment strategies too.
newbie
Activity: 4
Merit: 0
November 28, 2017, 09:27:20 AM
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.
The price of bitcoins will change over time, and nobody has a crystal ball that can predict the price, but it’s generally expected that the price of Bitcoin will increase over time. Because some economists refer to inflation as a rise in price, the terms for inflation can be quite confusing sometimes, but in this case, inflation is being referred to as monetary inflation.

Price inflation is a different matter, however, as Bitcoin’s price will go up or down by an unknown amount due to market forces. Because Bitcoin is divisible to eight decimal places, it’s also possible to send people as little as a single Satoshi, which means Bitcoin can operate as a low-cost currency or a high-cost currency, the potential uses are quite broad.

Bitcoin’s price is subject to price inflation as prices and demand are shifting every day, but monetary inflation is less likely to happen because of Bitcoin’s fixed supply.
newbie
Activity: 27
Merit: 0
November 27, 2017, 09:57:57 PM
You should have taken the time to properly explain the graphs
newbie
Activity: 11
Merit: 0
November 27, 2017, 01:47:37 PM
We are looking forward to 2030+ for "no inflation"... Cool
member
Activity: 434
Merit: 10
November 26, 2017, 10:37:29 PM
I don't think bitcoin follows all the rules that regular currencies follow. I have never thought of an "inflation" notion in terms of any crypto, especially of BTC. I strongly believe that the term "inflation" will not be associated with bitcoin in the near future. Anyways, it is very hard now to define BTC inflation rate if any.
newbie
Activity: 41
Merit: 0
November 26, 2017, 08:41:37 AM
ya,that's so true.
However, with the high inflation rate of bitcoin.
Dogecoin, litecoin or others are in the market,
so next question such as what is the different of cryto-currency with currency nowadays
when the price is high and another new cryto-currency is created?
hero member
Activity: 1014
Merit: 1055
November 24, 2017, 12:55:01 PM
Looks like BTC can never go wrong. Especially on the long term.

i think that will go on as long government will not give the people an alternative, like governmentcoins or something.
newbie
Activity: 31
Merit: 0
November 24, 2017, 08:43:48 AM
Bitcoin has no inflation, cause it is exhaustible resource.
So that means that when last bitcoin will be mined - it will grow much more!
sr. member
Activity: 518
Merit: 258
November 12, 2017, 11:25:46 PM
The graphs are out dated and it's not helpful to quote the images of out of date charts. I thought someone had made updated charts to accommodate the earlier halving date, but anyway, still hoping an updated one so that everybody can benefit from it.
member
Activity: 98
Merit: 10
November 12, 2017, 01:06:22 PM
It is unreal to expect people to accept bitcoin as a cureency and adopt it if the price is different by inappropriate margins every other week.I believe that as more time passes more Bitcoins are mined and less will be available to mine while the difficulty will be insane.The chart shows the system of supply and demand.
newbie
Activity: 27
Merit: 0
November 08, 2017, 02:55:33 AM
I do not understand the schedule
legendary
Activity: 1762
Merit: 1011
November 07, 2017, 04:13:49 PM
This graph does not affect all country

False.
This chart clearly demonstrates that the inflation in terms of money has accelerated with time since the past few years. One of the major reasons behind this fact is that the production of cryptocurrencies has decreased and hence it has added up to the market value that has shoot suddenly to the highest of all the previous readings.

I think that after clearly analyzing this inflation versus time chart one would support the use of Bitcoin being at a price of $7,000 presently.

This chart has nothing to do with the inflation of any other currency. It's simply the emission rate of Bitcoin.
member
Activity: 131
Merit: 10
November 06, 2017, 11:16:00 AM
I think Bitcoin has nothing in common with inflation. It is a tool against it. As it cannot issued more than 21millions of coins

Yes, inflation in Bitcoin is so low, so low that it does not even have to be calculated, it is the best protection against inflation.
Dont know about what you talking. Bitcoin = deflation.
Of course, the constituent part is still a "bubble," but the key is the deflationary mechanism incorporated in this currency when it is created.
full member
Activity: 336
Merit: 106
November 06, 2017, 10:58:53 AM
Im interested also your recommended scale up to 2020 . just a guide also
legendary
Activity: 1762
Merit: 1011
November 06, 2017, 12:08:12 AM
That chart does not even operate since you would have to apply the bitcoin decline and so on.

False.
newbie
Activity: 38
Merit: 0
November 05, 2017, 05:43:57 PM
That chart does not even operate since you would have to apply the bitcoin decline and so on.
legendary
Activity: 1762
Merit: 1011
November 04, 2017, 03:24:26 PM
This graph does not affect all country

False.
legendary
Activity: 1762
Merit: 1011
November 02, 2017, 07:56:34 AM


Very interesting discovery. It would be interesting to hear what Economics professors would say about this.

It depends on your professor, really. Some are intelligent and open-minded people, others more or less stuck to their old habits and theories. How many of them can accept this, I cannot even guess.



Well, we know Professor Bitcorn can't handle it. Tongue
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