Topic: [CHART] Bitcoin Inflation vs. Time - page 31. (Read 1216657 times)
NIce graph .
nice 
Very cool and useful graphs and tables.
Got to know about this.
Got to know about this.
We are looking forward to 2030+ for "no inflation"...
Inflation has some benefits too. Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This spending and investment can benefit the economy. Inflation reduces the real burden of debt, both public and private. If you have a fixed-rate mortgage on your house, your salary is likely to increase over time due to inflation, but your mortgage payment will stay the same.
Some take advantage of inflation, but on the trades you mention, there is someone on the other side who loses. The saver, who could be you, via your pension scheme.
In your mortgage case, you adjust the price you offer to the expected inflation, offering more than you would otherwise. Before the inflation has materialized, the first few years of your housing adventure, you put yourself into a position of great risk. What if the inflation does not come, or the house price falls?
Inflation has some benefits too. Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This spending and investment can benefit the economy.
This "incentive to spend and invest" is a market distortion. It leads to the "boom-bust" cycle because people are being manipulated into investing in enterprises that wouldn't otherwise be attractive enough on their own to merit investment. When these borderline enterprises eventually fail due to not enough actual resources available to see them through to completion, this causes a bust. This mechanism behind the boom-bust cycle is described very well in Thomas Woods's "Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse" in Chapter 4: "How Government Causes the Boom-Bust Business Cycle." Here is an excerpt:
Inflation reduces the real burden of debt, both public and private. If you have a fixed-rate mortgage on your house, your salary is likely to increase over time due to inflation, but your mortgage payment will stay the same.
Banks take this effect into account when they set mortgage interest rates. In the absence of inflation, the market-equilibrium interest rate for mortgages would be lower.
We are looking forward to 2030+ for "no inflation"...
Inflation has some benefits too. Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This spending and investment can benefit the economy. Inflation reduces the real burden of debt, both public and private. If you have a fixed-rate mortgage on your house, your salary is likely to increase over time due to inflation, but your mortgage payment will stay the same.
Annualised inflation rate for bitcoin is now consistently less than 10%.
E.g, yesterday was 9.2% annualised.
E.g, yesterday was 9.2% annualised.
I wish we knew exactly how much BTC is forever out of circulation due to private key loss, etc.
some estimates have it at 1.5-2.5 million including satoshis (dropped into the bottom of the mariana trench)
Annualised inflation rate for bitcoin is now consistently less than 10%.
E.g, yesterday was 9.2% annualised.
E.g, yesterday was 9.2% annualised.
I wish we knew exactly how much BTC is forever out of circulation due to private key loss, etc.
Annualised inflation rate for bitcoin is now consistently less than 10%.
E.g, yesterday was 9.2% annualised.
E.g, yesterday was 9.2% annualised.
What is everyone's prediction for when bitcoin becomes over $1,000 a piece?
My bet is by the end of September 2015
My bet is by the end of September 2015
it is just a prediction, but there is no rules for Bitcoin to develop or not.
Greatly presented chart! Catching
Bitcoin up again? https://www.coingecko.com/en/price_charts/bitcoin/usd
Reason: cannot be explained
Greatly presented chart! Catching
nothing in the economy is stable atm..
Bitcoins price moves up and down, but isn't the only coin that have movements. Euro / Dolar / Yen There isn't a secure coin that have a stable change. Gold also have the same problems.
If bitcoin goes 'mainstream' the fixed limit of 21 million coins will create a stronger value than other fiats that we use today.
Pictures not working...
Maybe because they were on Facebook's CDN. I've moved them over to my own web space now.
So BTCitcoin is going down?
Even though the bitcoin had a hiccup, its still worth far more than the dollar.
i believe bitcoin is the future's money!
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