Topic: [CHART] Bitcoin Inflation vs. Time - page 5. (Read 1080825 times)
And this is the reason why cryptocurrency will be the new leading form of currency in the future =P, with bitcoins leading the pack! With inflation rates like that, and the inflation rate of the dollar, we are looking at crazy bitcoin values when converted to USD in just the next 5-10 years! It's crazy!
I check them all the time. I was simply referring to the original charts of this thread, updated to account for the halving occurring sooner.
really interesting and very nice to see, thank you for sharing.... when you look at the graph from 2009 to 2021 it really looks CRAZY..... so lets wait until 2037 I'm really really curious to see the reality 
.... was already looking in the past few weeks for such a graph, have also seen already a few quite similar to that one ... nice =) cheers!
.... was already looking in the past few weeks for such a graph, have also seen already a few quite similar to that one ... nice =) cheers!
This is amazing and very impressive. It will help a lot of people to make plans and predictions using this graph as bearing.
If bitcoin goes 'mainstream' the fixed limit of 21 million coins will create a stronger value than other fiats that we use today.
Bitcoin is largely immune to any type of inflation, but some types such as fractional reserve banking can still occur; However, it is difficult, because blockchain is public and everyone can see the deposit and ensure that all deposits are recorded correctly.
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.
You can see that the market is beginning to show signs of a strong recovery, according to my analysis, the bitcoin price will be able to continue to increase strongly in the coming time after going in the last 24h. Currently, bitcoin is adjusting at $ 7500 and continues to increase strongly, but with information received I believe bitcoin prices will soon touch the $ 8000. 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.
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Price inflation is a different matter, however, as Bitcoin’s price will go up or down by an unknown amount due to market forces.
The price of bitcoins will change over time, and nobody has a crystal ball that can predict the price, but it’s generally expected that the price of Bitcoin will increase over time.
The price of bitcoins will change over time, and nobody has a crystal ball that can predict the price, but it’s generally expected that the price of Bitcoin will increase over time.
Well .. all that is not guaranteed ... all things are relative, all must spin sometimes above sometimes on the bottom... what we have to do is keep pedaling so that when we are under can back up again ... just like bitcoin we have to keep develope our ways and ourselves and adjusting to try with what we have to get more than we have ...
Any commodity value should be high in inflation, bitcoin value in this regard is very impressive.
I think even though Bitcoin was (apparently) designed to beat inflation, all systems tend towards disorder, and in the case of currencies, disorder leads to inflation. Bitcoin is new and hasn't been hit as hard as fiat, but over time it probably will experience a type of pseudo-inflation.
Right. Inflation is caused by many factors. However, BTC will not fail due to the play, They still maintain the style in the market. The future of BTC has many attractions for the market. So this market is a lot of smart investors. So inflation does not affect BTC. That is my opinion. 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.
You can see that bitocin is currently approaching the $ 6800 level and still on the uptrend, but it can be seen that the $ 7200 level is a very large resistance and that bitcoin will probably go down sharply. . In the long term, bitcoin prices are still in the down cycle in the long run so you should not be expecting the bitcoin price to return to $ 20000. 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.
We're working on similar kinds of cryptocurrency data analytics. We'll be adding a cryptocurrency API so users can access our data for free. It's a project called AlloyIndex. Including information about inflation over time seems like a useful feature we might consider.
Everythink want to need time.when time is running then situation in changing. As i think bitcoin could be lead after 5 to 7 years
Traditional inflation by increasing the circulated volume will not happen to Bitcoin- the maximum value is set at 21 million, and once it gets there, no more blocks rewards given to the miners will occur. At that time, it’s assumed that people will only mine for transaction fees. Bitcoin is mostly immune to all types of inflation, but some kinds like fractional-reserve banking can still happen; however, even that’s difficult, as the blockchain is public and everyone can see deposits and make sure that all deposits are correctly recorded.
These graphs show the rate BTC coins are delivered to the market, ruled by the BTC software. They tell us that, as time pass by, less and less new coins are introduced in the market. If the demand (or expectations) is rising, then the BTC value rises. The ups and downs that we are facing relate to the last phrase.
Thanks for the graphics.
¿Theres is no year with negative inflation? To me thats good, it says that BTC had rough times but always was strong enough to recover himself.
Nice and thanks again.
¿Theres is no year with negative inflation? To me thats good, it says that BTC had rough times but always was strong enough to recover himself.
Nice and thanks again.
We know that btc prices will continue to increase in the future even though sometimes the market is manipulated and this shakes the price of btc down and downwards. As time passes the real value of btc will be revealed and only time will tell.
The reward for mining has been high enough that more effort is spent mining than speculating.
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