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Author Topic: [CHART] Bitcoin Inflation vs. Time  (Read 565234 times)
mmortal03
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November 04, 2017, 08:24:26 PM
 #701

This graph does not affect all country

False.
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fedora8
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November 05, 2017, 10:43:57 PM
 #702

That chart does not even operate since you would have to apply the bitcoin decline and so on.
mmortal03
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November 06, 2017, 05:08:12 AM
 #703

That chart does not even operate since you would have to apply the bitcoin decline and so on.

False.
jayco25
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November 06, 2017, 03:58:53 PM
 #704

Im interested also your recommended scale up to 2020 . just a guide also
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November 06, 2017, 04:16:00 PM
 #705

I think Bitcoin has nothing in common with inflation. It is a tool against it. As it cannot issued more than 21millions of coins

Yes, inflation in Bitcoin is so low, so low that it does not even have to be calculated, it is the best protection against inflation.
Dont know about what you talking. Bitcoin = deflation.
Of course, the constituent part is still a "bubble," but the key is the deflationary mechanism incorporated in this currency when it is created.
mmortal03
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November 07, 2017, 09:13:49 PM
 #706

This graph does not affect all country

False.
This chart clearly demonstrates that the inflation in terms of money has accelerated with time since the past few years. One of the major reasons behind this fact is that the production of cryptocurrencies has decreased and hence it has added up to the market value that has shoot suddenly to the highest of all the previous readings.

I think that after clearly analyzing this inflation versus time chart one would support the use of Bitcoin being at a price of $7,000 presently.

This chart has nothing to do with the inflation of any other currency. It's simply the emission rate of Bitcoin.
Alexbit2017
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November 08, 2017, 07:55:33 AM
 #707

I do not understand the schedule
Prince786
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November 12, 2017, 06:06:22 PM
 #708

It is unreal to expect people to accept bitcoin as a cureency and adopt it if the price is different by inappropriate margins every other week.I believe that as more time passes more Bitcoins are mined and less will be available to mine while the difficulty will be insane.The chart shows the system of supply and demand.
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November 13, 2017, 04:25:46 AM
 #709

The graphs are out dated and it's not helpful to quote the images of out of date charts. I thought someone had made updated charts to accommodate the earlier halving date, but anyway, still hoping an updated one so that everybody can benefit from it.
Moriarti
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November 24, 2017, 01:43:48 PM
 #710

Bitcoin has no inflation, cause it is exhaustible resource.
So that means that when last bitcoin will be mined - it will grow much more!
bcmine
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November 24, 2017, 05:55:01 PM
 #711

Looks like BTC can never go wrong. Especially on the long term.

i think that will go on as long government will not give the people an alternative, like governmentcoins or something.
Semius
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November 26, 2017, 01:41:37 PM
 #712

ya,that's so true.
However, with the high inflation rate of bitcoin.
Dogecoin, litecoin or others are in the market,
so next question such as what is the different of cryto-currency with currency nowadays
when the price is high and another new cryto-currency is created?
aveon
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November 27, 2017, 03:37:29 AM
 #713

I don't think bitcoin follows all the rules that regular currencies follow. I have never thought of an "inflation" notion in terms of any crypto, especially of BTC. I strongly believe that the term "inflation" will not be associated with bitcoin in the near future. Anyways, it is very hard now to define BTC inflation rate if any.
jeansergio173
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November 27, 2017, 06:47:37 PM
 #714

We are looking forward to 2030+ for "no inflation"... Cool
rolltech01
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November 28, 2017, 02:57:57 AM
 #715

You should have taken the time to properly explain the graphs
octobercoinph
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November 28, 2017, 02:27:20 PM
 #716

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.
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. Because some economists refer to inflation as a rise in price, the terms for inflation can be quite confusing sometimes, but in this case, inflation is being referred to as monetary inflation.

Price inflation is a different matter, however, as Bitcoin’s price will go up or down by an unknown amount due to market forces. Because Bitcoin is divisible to eight decimal places, it’s also possible to send people as little as a single Satoshi, which means Bitcoin can operate as a low-cost currency or a high-cost currency, the potential uses are quite broad.

Bitcoin’s price is subject to price inflation as prices and demand are shifting every day, but monetary inflation is less likely to happen because of Bitcoin’s fixed supply.
siegerhyme
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November 29, 2017, 11:32:09 AM
 #717


The graphs are showing exactly what I am anticipating on bitcoin inflation industry in the coming years. It gives us more input on future investment strategies too.
Vishnu.Reang
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November 29, 2017, 11:57:56 AM
 #718

It seems that the inflation rate will continue well into the 2030s till it plateaus out!!! This is some very interesting stuff and I can only imagine its impact on the world! Different people with different backgrounds will be very interested in this one! I wish btc all the best Smiley

JadeBergamini
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November 29, 2017, 04:58:56 PM
 #719

Do you believe that the BTC will continue to rise?
fuer44
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November 30, 2017, 06:09:49 AM
 #720

Do you believe that the BTC will continue to rise?
yes, I am very sure of that. bitcoin always has a positive impact on people (especially bitcoin users). the value of bitcoin that is currently rising very high, whether it is influenced by thanksgiving festival or before Christmas, we also dont know. but clearly, with the convenience of transaction and security in using bitcoin, people will switch to bitcoin for transactions (buying goods, or a gift). that's what I think bitcoin will keep its value.

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