Popular internet-based task automator IFTTT says over 8,300 of its users are using the service to record the bitcoin price every day in Google Spreadsheets.
It’s a convenient way for bitcoiners to keep a historic record of BTC prices without having to manually watch and maintain a spreadsheet, or continually referring to bitcoin price charts on live data sites.
it’s is by far the most popular “recipe” on IFTTT and actually one of almost 40 pre-built bitcoin-related functions it offers. I mean people are really watching the price closely
Topic: [CHART] Bitcoin Inflation vs. Time - page 25. (Read 1163058 times)
A very clear explanation using graphs.
This graph is very informative though... Thanks OP, But i've noticed this post was made by the OP by the year 2012, I'm wondering if we have an updated and more accurate graph pertaining to the realtime inflation of bitcoin as of 2016.....
Yeah i would like to see also an updated chart... this onefrom 2012 is pretty useless right now,we need to get it updated or just get this thread closed this maybe?
This one continues to be good (click the year tabs at the top). It'll be updated in the next week or two, I suspect, showing the drop in the inflation rate: https://docs.google.com/spreadsheets/d/17Jjhd_nnfRJ9EyYuOM1ACPMwRod3hhPqRk4YQp7FIZE/pubhtml#
It looks like the next data point for the yellow line would be tomorrow, so, whenever he updates it after that.
Thanks for the very precise and informative chart it shows the potential price increase of Bitcoin in future years. Now I have the idea how this coin is very progressive. The chart shows the system of supply and demand.
This graph is very informative though... Thanks OP, But i've noticed this post was made by the OP by the year 2012, I'm wondering if we have an updated and more accurate graph pertaining to the realtime inflation of bitcoin as of 2016.....
Yeah i would like to see also an updated chart... this onefrom 2012 is pretty useless right now,we need to get it updated or just get this thread closed this maybe?
This one continues to be good (click the year tabs at the top). It'll be updated in the next week or two, I suspect, showing the drop in the inflation rate: https://docs.google.com/spreadsheets/d/17Jjhd_nnfRJ9EyYuOM1ACPMwRod3hhPqRk4YQp7FIZE/pubhtml#
It looks like the next data point for the yellow line would be tomorrow, so, whenever he updates it after that.
This graph is very informative though... Thanks OP, But i've noticed this post was made by the OP by the year 2012, I'm wondering if we have an updated and more accurate graph pertaining to the realtime inflation of bitcoin as of 2016.....
Yeah i would like to see also an updated chart... this onefrom 2012 is pretty useless right now,we need to get it updated or just get this thread closed this maybe?
This graph is very informative though... Thanks OP, But i've noticed this post was made by the OP by the year 2012, I'm wondering if we have an updated and more accurate graph pertaining to the realtime inflation of bitcoin as of 2016.....
Yeah i would like to see also an updated chart... this onefrom 2012 is pretty useless right now,we need to get it updated or just get this thread closed this maybe?
This graph is very informative though... Thanks OP, But i've noticed this post was made by the OP by the year 2012, I'm wondering if we have an updated and more accurate graph pertaining to the realtime inflation of bitcoin as of 2016.....
Thanks a lot sir,this thread is veeeery useful for me.
I will use it many many times,there is no doubt
I was looking for it somewhere else but i couldnt find... and now suddenly i got it! thanks!!
I will use it many many times,there is no doubt
I was looking for it somewhere else but i couldnt find... and now suddenly i got it! thanks!!
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.
Bitcoin Inflation 4x3.pdf (8"×6") | Bitcoin Inflation.pdf (8½"×11")
Bitcoin Inflation logarithmic.pdf (8"×6")
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.
Bitcoin Inflation 4x3.pdf (8"×6") | Bitcoin Inflation.pdf (8½"×11")
Bitcoin Inflation logarithmic.pdf (8"×6")
Permission given to use and reproduce freely.
This presentation is much better than just saying it. By seeing the graph I can say that bitcoins supply is going down while the monetary price or value is soaring high. But as long as the monetary price goes up and I am earning I will still go on with bitcoins. If one day bitcoin is gone there are other altcoins on standby to replace the old bitcoins.
Nothing beats the classic hold the btc and hope to increase its price to your ideal one.
to specify the amount that could reach with inflation vs time is unpredictable.
to specify the amount that could reach with inflation vs time is unpredictable.
What does this mean about the price as time progresses?
Useful and informative graph and great pics though.
seems spot on very informative. thanks for the share !
I think, we will get a real idea, only when market capitalization reach at least 1 trillion dollars.
It is possible through time.Bitcoin can have a big time inflationary, however in time supply and demand can have an effect for such a long run.
Nice profit we could have for the next twelve years if happen the right way :-)
Thanks for this. All makes sense to me now. Supply and effect can really take it in and pull BTC from going deep into the ground. Plus in a few years or so, I agree with you that BTC will go widespread now and won't really be that much affected anymore with inflation.
I think, we will get a real idea, only when market capitalization reach at least 1 trillion dollars.
It is possible through time.Bitcoin can have a big time inflationary, however in time supply and demand can have an effect for such a long run.
Nice profit we could have for the next twelve years if happen the right way :-)
I think, we will get a real idea, only when market capitalization reach at least 1 trillion dollars.
So although bitcoin is naturally inflationary, it's actually deflationary in terms of inflation rates? But does that make bitcoin deflationary, or inflationary? Which way is the right way to look at this?
Bitcoin is naturally inflationary until the block subsidy ends some time in the first half of next century, but in reality it will become deflationary much sooner than that, as people are constantly losing their keys. We can't predict the rate at which people lose access to their bitcoins, so the charts in this thread only show the scheduled bitcoin money stock.I think the lost keys have significant impact though. Sad that they couldn't be reflected in this analysis. But still, great work!
very cool
Bitcoin Inflation so good
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Bitcoin Inflation so good
In the FIFA Ultimate Team (FUT), you will need coins to acquire new players as you progress in the game. As a person who loves gaming on FIFA, you can get these coins for various reasons besides purchasing players.you can find many good fut coins sellers on playermall.com.
Bitcoin Inflation 4x3.pdf (8"×6") | Bitcoin Inflation.pdf (8½"×11")
Bitcoin Inflation logarithmic.pdf (8"×6")
Permission given to use and reproduce freely.
What good are these charts without rationale, data, sources?
Why do I care about these charts?
Amazing, great stuff. Thank you very much!
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