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Author Topic: [CHART] Bitcoin Inflation vs. Time  (Read 504890 times)
whitslack
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January 11, 2014, 10:04:50 PM
 #201

Hmm... well where did you got those charts.. i mean who created them ?

I created them in LibreOffice Calc.
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Ceballos
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


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January 15, 2014, 08:46:17 AM
 #202

Thanks for the graph  Grin Grin

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈

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sshapiro
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January 25, 2014, 05:34:02 AM
 #203

Great job, thank you.
knightcoin
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January 25, 2014, 12:01:46 PM
 #204



noop, no sings of contract

http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
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January 30, 2014, 10:40:33 AM
 #205

thanks for graphs, usefull.
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January 30, 2014, 11:17:30 PM
 #206

btc shown at its best. zero inflation and 100% real value
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February 01, 2014, 08:19:21 PM
 #207

Very usefull graphs, tks
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February 01, 2014, 09:15:08 PM
 #208

This chart gives me hope for the future  Grin
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February 01, 2014, 10:55:10 PM
 #209

Really wish I had gotten in at the ground level Sad
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February 02, 2014, 10:17:32 PM
 #210

In comparrison to what will happen to BTC price in the future, we are still at the GROUND LEVEL Smiley Time to get on the train folks? Wink
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February 05, 2014, 03:32:17 PM
 #211

doesn't this change as technology advances (there should be better miners)

CemQJWb3qA3DKsUV8nyfkgRe57zEKgmUm7
bitminerinthecloud
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February 07, 2014, 12:26:10 PM
 #212

How do you define inflation rate?

Do you mean conversion of BTC in terms of other currencies?
whitslack
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February 07, 2014, 12:38:19 PM
 #213

How do you define inflation rate?
The inflation rate is the annualized rate at which new units are being added to the money supply, relative to the current size of the money supply.

For example, if the inflation rate is 10%, this means that, if the current rate of money supply creation were held constant at the present rate for an entire year, then the amount of new money created in that year would be equal to 10% of the size of the money supply at the present instant.
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February 11, 2014, 09:29:44 PM
 #214

thanks for the graphs.
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February 15, 2014, 03:51:48 AM
 #215

nice graphs  Wink
yntro
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February 20, 2014, 09:04:41 AM
 #216

Hmm... well where did you got those charts.. i mean who created them ?

I created them in LibreOffice Calc.

Oh nice jobs then. Are you updating these chart based on situation now or you just caltulated and keep it that way? Or there are some factors that influence these charts by changing ? Well what I mean if these charts can change?

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whitslack
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February 20, 2014, 02:22:15 PM
 #217

Are you updating these chart based on situation now or you just caltulated and keep it that way? Or there are some factors that influence these charts by changing ? Well what I mean if these charts can change?

These charts show the theoretical money supply and rate of monetary inflation if Bitcoin were exactly keeping to its schedule of one block every 10 minutes. In practice, the block generation rate has been slightly faster, so the time axis of the real functions would be slightly compressed from what is shown in these charts. Effectively this means we're already "further along" on the chart than you would expect just by looking at the time axis.
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February 20, 2014, 02:24:13 PM
 #218

thanks for the graphs, I didn't except them to look like this....
Kaligulax
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February 25, 2014, 08:30:49 PM
 #219

in 2030 we will have non-monetary society.. and therefore there will be no inflation..  Roll Eyes

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brush242
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February 25, 2014, 10:46:13 PM
 #220

in 2030 we will have non-monetary society.. and therefore there will be no inflation..  Roll Eyes
Which, of course, is completely untrue. Everything is scarce, therefore there will always be inflation.

Captain Jean-Luc Picard: The economics of the future are somewhat different. You see, money doesn't exist in the 24th century.
Lily Sloane: No money? You mean, you don't get paid?
Captain Jean-Luc Picard: The acquisition of wealth is no longer the driving force of our lives. We work to better ourselves and the rest of humanity.

Pure ignorance and stupidity.

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