[CHART] Bitcoin Inflation vs. Time - page 26.

nebuzen

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Quote from: lewis.jr on May 04, 2016, 03:22:08 PM

Quote from: Possum577 on July 15, 2014, 05:29:28 PM

Quote from: whitslack on December 13, 2012, 10:08:08 AM

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?

everything depends on many factors

Amazing, great stuff. Thank you very much!

VladimirAmfodent

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BTC halving soon...

martha5dool

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Can u tell us the source

duts_bg

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Quote from: whitslack on April 16, 2016, 09:11:55 PM

Quote from: Cyaren on April 16, 2016, 07:40:09 PM

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.

:(Alas! Absolutely right, for the lost key.

deuce22

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Literally no one knows if this is the best time to buy or not, as no one knows what tomorrow may hold

lewis.jr

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Quote from: Possum577 on July 15, 2014, 05:29:28 PM

Quote from: whitslack on December 13, 2012, 10:08:08 AM

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?

everything depends on many factors

larryofbtc

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A very interesting post

Thank you for sharing

dreacust

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Does this include the possible risk of revisions and hacks?

Seems interesting however a world wide adoption could be an possiblity in the future, a more free economy is in some cases prefered.

shenkeng

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Thanks for sharing, good post

linber

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Thanks ... Its cool...
I am not the math expert. But I feel the graph explain and provide little idea about bit coin inflation in future

whitslack

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Quote from: Cyaren on April 16, 2016, 07:40:09 PM

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.

Cyaren

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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?

Gahs

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Minter

Quote from: Obdity on April 09, 2016, 07:42:50 AM

Quote from: bitcoineverything on April 02, 2016, 10:40:17 PM

Its great to be able to use this chart as a baseline for future developments to come. Thank you for putting this up for public viewing.

I don't think you should rely on history when it comes to future price

That's true but sometimes history can help you make some calculated risks when it comes to bitcoin trading. At least that is how scientists are able to predict wheather.

eyeknock

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Quote from: mmortal03 on March 15, 2016, 06:10:43 PM

Quote from: DannyHamilton on March 14, 2016, 03:36:12 PM

Quote from: mmortal03 on March 14, 2016, 03:05:43 PM

People will care when we reach the point where we can tell them that the US dollar is being printed at a faster rate than the bitcoin is being mined.

That's been true since the day bitcoin started.

The largest ever increase in bitcoin in a year was less than 3 million bitcoin.

In the month between December 2015 and January 2016 the US dollar supply increased by more than 80 billion dollars.

Yeah, I think you have to compare them in like units, or do it on a percentage basis. In other words, those 3 million bitcoins are currently worth $416 each, so you can then extrapolate in USD terms what the effective rate has been over a given time period, or just compare the dollar for dollar amount (which, of course, in that time period, is still less than the 80 billion dollars in current dollar terms).

dont forget that an % of that 80 billion of dollars will never be in circulation for the people, i mean that an % of all those printed papers will be for some rich people/gov/... just for speculate with them Wink

, so in the end, numbers about $ are worst than expected.

jaff11

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I know where you got 25% from. That's the inflation that occurred in the last year prior to the reward halving. That's not the same as the annualized instantaneous inflation rate.

tikiboiii

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Thanks for the useful graph

raphma

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Quote from: Obdity on April 09, 2016, 07:42:50 AM

Quote from: bitcoineverything on April 02, 2016, 10:40:17 PM

Its great to be able to use this chart as a baseline for future developments to come. Thank you for putting this up for public viewing.

I don't think you should rely on history when it comes to future price

Quote from: bitcoineverything on April 02, 2016, 10:40:17 PM

baseline

Baseline... that's what charts are.
When you do a investment, it's good to have a baseline. That doesnt mean see the future.

LMGTFY

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Quote from: Obdity on April 09, 2016, 07:42:50 AM

Quote from: bitcoineverything on April 02, 2016, 10:40:17 PM

Its great to be able to use this chart as a baseline for future developments to come. Thank you for putting this up for public viewing.

I don't think you should rely on history when it comes to future price

The graph shows inflation against time - I'm not sure where you're seeing future price?

More specifically, the graph is based on block reward reductions. We don't know exactly when these will occur (they occur every 410000 blocks, and each block should take approximately 10 minutes on average) but we know that they will occur. We know, for example, that the block reward will be reduced to 12.5 BTC per block (from 25 BTC per block) in the next few months. We don't know exactly when, because it depends on how fast blocks are found, but we know to within a few weeks.

Obdity

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Quote from: bitcoineverything on April 02, 2016, 10:40:17 PM

Its great to be able to use this chart as a baseline for future developments to come. Thank you for putting this up for public viewing.

I don't think you should rely on history when it comes to future price

bitcoineverything

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Activity: 504

Merit: 250

InvestnTrade. Latest from the crypto space.

Its great to be able to use this chart as a baseline for future developments to come. Thank you for putting this up for public viewing.

Topic: [CHART] Bitcoin Inflation vs. Time - page 26. (Read 1198233 times)