Topic: [CHART] Bitcoin Inflation vs. Time - page 15. (Read 1093333 times)
You should have taken the time to properly explain the graphs
We are looking forward to 2030+ for "no inflation"... 
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.
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?
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?
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.
Bitcoin has no inflation, cause it is exhaustible resource.
So that means that when last bitcoin will be mined - it will grow much more!
So that means that when last bitcoin will be mined - it will grow much more!
The graphs are out dated and it's not helpful to quote the images of out of date charts.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.
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.
I do not understand the schedule
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.
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.
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.
Of course, the constituent part is still a "bubble," but the key is the deflationary mechanism incorporated in this currency when it is created.
Im interested also your recommended scale up to 2020 . just a guide also
That chart does not even operate since you would have to apply the bitcoin decline and so on.
False.
That chart does not even operate since you would have to apply the bitcoin decline and so on.
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.
The difference between bitcoins and fiscal currencies is precisely that they are absolutely not subjected with inflation and they are not affected by dollar, euro, yuan and other currencies. But there are fluctuations in its own course. It must be monitored. Bitcoin not depends from the time.
You probably think dollar is inflating because they are printing lots of dollars all the time? That's somehow true, but same affects also bitcoin because more coins are generated by mining. There are just much less new coins.
Ps. Thanks for OP for the graph.
Inflation relates to the monetary base expansion, dollar is the worst of all here because new dollars far exceed growth in the economy. Gold has received more mining then was ever possibly produced prior to the industrial revolution however it still matches population growth globally so is not devalued effectively.
Bitcoin deliberately tries to regulate its mining and rate of production, I actually think the blocks should be produced faster such that technology can secure but its not set that way and so we had previously a problem with a backlog.
The reason dollar is far worse is because its only control is politics, not business or capitalism but the uncontrolled spending by a centralised power. Worse still this currency is used all over the world in economies not related to its origin and is held as world currency. This has allowed great distortion in its value to continue without great feedback. I think its a reasonable assumption that when the standard fails it will have a vast acceleration in inflation and its possible dollar has no worth at all because of loss of confidence.
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.
The difference between bitcoins and fiscal currencies is precisely that they are absolutely not subjected with inflation and they are not affected by dollar, euro, yuan and other currencies. But there are fluctuations in its own course. It must be monitored. Bitcoin not depends from the time.
You probably think dollar is inflating because they are printing lots of dollars all the time? That's somehow true, but same affects also bitcoin because more coins are generated by mining. There are just much less new coins.
Ps. Thanks for OP for the graph.
The difference between bitcoins and fiscal currencies is precisely that they are absolutely not subjected with inflation and they are not affected by dollar, euro, yuan and other currencies. But there are fluctuations in its own course. It must be monitored. Bitcoin not depends from the time.
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