Bitcoin Forum
November 11, 2024, 03:08:10 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin yearly inflation rate?  (Read 1527 times)
bitrick (OP)
Member
**
Offline Offline

Activity: 64
Merit: 140


View Profile
July 13, 2011, 09:48:23 PM
 #1


Has anyone calculated a graph of the inflation rate over time? (The derivative of the total BTC).

I have seen the long term calculated Bitcoin generation graph that maxes out at 21M. That is not what I want.

Or alternatively, is there a table of approximate inflation, e.g.:

(These are made up numbers)
Date  StartBTC  EndBTC     Inflation
2009    0            1M             Infinite
2010    1M          3.8M         380%
2011    3.8M        6.5M        102%
....
2050    21.45M       21.46M       .02%

Is there such a table or graph? I can probably calculate out the numbers myself but is it already done somewhere?

thanks in advance
bitterness
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
July 14, 2011, 12:58:18 AM
 #2

The inflation rate reflects the rise of general prices, not the number of existing bitcoins. That's something completly different.
bitrick (OP)
Member
**
Offline Offline

Activity: 64
Merit: 140


View Profile
July 14, 2011, 01:15:14 AM
 #3

(I changed the word from "inflation" to BTC Increase rate - only to avoid a pointless argument over whether inflation is a monetary phenomena or a pricing phenomena. I am well aware of that debate in economics, but it should be clear in this context what I meant: monetary inflation)

Answering my own question, here is the table:

YearNew BTCs/yrStart BTCsEnd BTCsBTC Increase
2009262500002625000infinite
2010262500026250005250000100.0%
201126250005250000787500050.0%
2012262500078750001050000033.3%
20131312500105000001181250012.5%
20141312500118125001312500011.1%
20151312500131250001443750010.0%
2016131250014437500157500009.1%
201765625015750000164062504.2%
201865625016406250170625004.0%
201965625017062500177187503.8%
202065625017718750183750003.7%
202132812518375000187031251.8%
202232812518703125190312501.8%
202332812519031250193593751.7%
202432812519359375196875001.7%
2025164062.51968750019851562.50.8%
2026164062.519851562.5200156250.8%
2027164062.52001562520179687.50.8%
2028164062.520179687.5203437500.8%
202982031.252034375020425781.250.4%
203082031.2520425781.2520507812.50.4%
203182031.2520507812.520589843.750.4%
203282031.2520589843.75206718750.4%
203341015.6252067187520712890.630.2%

Hope this table format comes out right.
It looks like another few years until Bitcoin generation rate is in the same reported range for existing "printed" currencies.
Demand may remain strong, however, so the above says nothing about what relative value it will have.
carlosjhr64
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
September 06, 2011, 05:39:50 AM
 #4

You can go to
   http://blockexplorer.com/q/totalbc
and get the current total.
Then while bitcoin generates 50 coin per block (until 2013, right?)
   rate = 100% * 50.0 * 6*24*365 / totalbc
As I was writing this, totalbc was 7207850.
   rate = 100% * 50.0 * 6*24*365 / 7207850.0 = 36.46%
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!