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Topic: [CHART] Bitcoin Inflation vs. Time - page 29. (Read 1216667 times)

hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
October 26, 2015, 06:08:24 AM
Nice chart, indeed this has nothing to do with price inflation but let's hope there is some correlation Smiley
Guess we'll see when the block reward halves.

1 week has passed and inflation is only down 0.02%, slow and steady but its going down Smiley

legendary
Activity: 1792
Merit: 1283
October 22, 2015, 12:21:21 AM
Nice chart, indeed this has nothing to do with price inflation but let's hope there is some correlation Smiley
Guess we'll see when the block reward halves.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
October 20, 2015, 06:59:40 PM


This is the current status of bitcoin. The yearly inflation rate moving averag is going down slowly.

We just broke below 10% inflation Cheesy


_____________

Already, 70% of the coins are mined out, this leaves us with only 30% total inflation for the next 200 years Smiley


full member
Activity: 126
Merit: 100
October 20, 2015, 09:01:51 AM
A very useful chart. Thanks for the info.
newbie
Activity: 18
Merit: 0
October 19, 2015, 07:58:54 AM
Thats very useful chart. Thanks for valuable information.
newbie
Activity: 14
Merit: 0
October 09, 2015, 07:42:00 PM
Great graphs, really nice. Kudos!  Smiley
member
Activity: 98
Merit: 10
September 24, 2015, 10:31:35 PM
Could you explain the law of the pictures? I don't know how they make sense.
I think the picture that shows that the time you need to collect the equivalent bitcoin working hours do you spend on your work in the real world  Undecided
full member
Activity: 224
Merit: 100
September 21, 2015, 10:41:28 PM
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.

Some people say that biticoin has general increase in prices and fall in the purchasing value of money in time. It is somehow always connected.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
September 15, 2015, 12:35:47 AM
This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info).



It is calculated on the past 365 day moving average of minted coins in the past 365 days.

It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation)
infalsi large enough and make people quite worried save bitcoin in large quantities

With 10 minute blocks we will reach 70% of all bitcoins mined in ~30 days Smiley

(Currently 69.5846% of the bitcoins are mined out)

The rest of the 30% are left for the future 100 years.

-----------------------

Currently, using my method we got:



(bit less than before, the inflation is decreasing, this is not a fiat currency Cheesy)
sr. member
Activity: 686
Merit: 250
September 14, 2015, 09:07:46 AM
This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info).



It is calculated on the past 365 day moving average of minted coins in the past 365 days.

It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation)
infalsi large enough and make people quite worried save bitcoin in large quantities
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
September 11, 2015, 03:02:22 PM
This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info).



It is calculated on the past 365 day moving average of minted coins in the past 365 days.

It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation)
full member
Activity: 120
Merit: 144
September 08, 2015, 03:20:29 PM
No inflation at all is not a good thing. This is one of the problems of BTC.

Okay, you can keep using your inflating, depreciating money, and I'll use my deflating, appreciating money. If this makes you want to force me to use your money too, then is your money really better?
sr. member
Activity: 453
Merit: 254
September 08, 2015, 03:18:27 PM
We are looking forward to 2030+ for "no inflation"...  Grin

No inflation at all is not a good thing. This is one of the problems of BTC.

Not if you have bitcoin, if you get paid in bitcoin and if you pay in bitcoin.

But mainly it is not a problem IF you have no debt in Bitcoin.



newbie
Activity: 42
Merit: 0
September 08, 2015, 11:26:27 AM
Consider these numbers a rough guide in those high
volatility times, and more accurate in days of lower
volatility. 100.00%. 1000.00%. 0. 5. 10. 15. 20. Bitcoin Inflation vs .
Time . Inflation Rate. Monetary Base. Blocks (thousands).
In.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
September 06, 2015, 09:42:19 PM
We are looking forward to 2030+ for "no inflation"...  Grin

No inflation at all is not a good thing. This is one of the problems of BTC.

It is not at all a problem, it is a feature.

The ravages of deflationary economics only happen in a captive population who have no choice but are forced to use the monopoly money that becomes dysfunctional. As long as participants can voluntarily opt for a currency that suits their time and price preferences a zero inflation currency will not lead to the classically understood deflationary economic symptoms.
full member
Activity: 242
Merit: 100
Extended Reality Advertising
September 06, 2015, 03:52:13 PM
We are looking forward to 2030+ for "no inflation"...  Grin

No inflation at all is not a good thing. This is one of the problems of BTC.
sr. member
Activity: 453
Merit: 254
September 02, 2015, 01:03:34 PM
You could be interested in this too (EURO vs. BTC)

https://docs.google.com/spreadsheets/d/1f0m9EWXcREeP1X3P9SjxEWNdc33S_hnL3cuU5zy2ZVI/pubhtml

Interesting how it is possible to know how many bitcoin are created every hour but, for the €, we must wait months to know.
legendary
Activity: 1762
Merit: 1011
August 30, 2015, 09:20:47 AM
all currency in the world must be experiencing inflation,including bitcoin. but certainly no one who knows when it happened

makes sense...

/s

https://docs.google.com/spreadsheets/d/17Jjhd_nnfRJ9EyYuOM1ACPMwRod3hhPqRk4YQp7FIZE/pubhtml
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
August 30, 2015, 05:39:10 AM
all currency in the world must be experiencing inflation,including bitcoin. but certainly no one who knows when it happened

makes sense...

/s
member
Activity: 98
Merit: 10
August 27, 2015, 09:28:25 AM
very nice
even you already predict up to 2033
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