Bitcoin Forum
October 22, 2021, 08:43:10 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 [48] 49 50 »
  Print  
Author Topic: [CHART] Bitcoin Inflation vs. Time  (Read 867231 times)
shitcoinoffering
Member
**
Offline Offline

Activity: 446
Merit: 71


View Profile WWW
February 08, 2019, 12:55:51 PM
 #941

If to think logically, Bitcoin is a deflationary currency... This means that in long-term its price will only grow Roll Eyes

Mr. ScamKiller - Shitcoin Offering Wink
1634935390
Hero Member
*
Offline Offline

Posts: 1634935390

View Profile Personal Message (Offline)

Ignore
1634935390
Reply with quote  #2

1634935390
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Pegasus24
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
February 10, 2019, 12:07:30 PM
 #942

^^ Agreed, the upward potential is huge. As technology progresses demand will only grow, combine that with the limited supply and we are golden.
Bitcoinwalks
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
February 16, 2019, 11:00:11 AM
 #943

Changes happen easily, so let's just see what happens on the coming months or even years
Wilhelm
Legendary
*
Offline Offline

Activity: 1526
Merit: 1107



View Profile
March 07, 2019, 12:32:02 PM
 #944

If to think logically, Bitcoin is a deflationary currency... This means that in long-term its price will only grow Roll Eyes

That's why we like it so much  Grin

Don't forget that normal money is deflationary so it's win win.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
lepbagong
Full Member
***
Offline Offline

Activity: 1554
Merit: 117



View Profile
March 21, 2019, 04:23:46 AM
 #945

Inflation will only get worse in the next economic crisis!
It is clear that inflation will be in line and always have an impact on the economic crisis, but will it happen in the future but it is still a separate question, and will it make it worse? I hope that doesn't happen Smiley Smiley

jjjfff
Copper Member
Member
**
Offline Offline

Activity: 182
Merit: 18

Crypto.BI


View Profile
April 07, 2019, 03:28:09 PM
 #946

i think it makes sense a lot but my question remains what would happen when the 21 bitcoin possibilities become exhausted?. what if by then big businesses adopt it for their daily operation? can the price of 1 sats then reach 1 dollar! or would there be an adjustment on the blockchain code to produce more?. I need your view as an economist

Changing the source-code to produce more than the 21 mln limit would destroy 99% of Bitcoin value instantly.

The only reason Bitcoin is worth thousands of U$ is because it's rare.

Also a satoshi cannot ever be worth U$ 1 because :

a) there isn't that much money in existence and;

b) Bitcoin transaction fees would be impossible to pay if the smallest unit of the cryptocurrency gains to much value. You can't break a 1 satoshi transaction down into microsatoshis. That would probably require changes to the core source code, perhaps adding 8 more zeroes.

nimiq.cafe
Jr. Member
*
Offline Offline

Activity: 38
Merit: 5


View Profile WWW
May 02, 2019, 06:57:47 PM
 #947

i think it makes sense a lot but my question remains what would happen when the 21 bitcoin possibilities become exhausted?. what if by then big businesses adopt it for their daily operation? can the price of 1 sats then reach 1 dollar! or would there be an adjustment on the blockchain code to produce more?. I need your view as an economist

Changing the source-code to produce more than the 21 mln limit would destroy 99% of Bitcoin value instantly.

The only reason Bitcoin is worth thousands of U$ is because it's rare.

Also a satoshi cannot ever be worth U$ 1 because :

a) there isn't that much money in existence and;

b) Bitcoin transaction fees would be impossible to pay if the smallest unit of the cryptocurrency gains to much value. You can't break a 1 satoshi transaction down into microsatoshis. That would probably require changes to the core source code, perhaps adding 8 more zeroes.

Changing the 21 millions limite for a tail emission of something like 0.1% a year would absolutely not destroy its value, the real question is that: can the network keep its level of security with only fees.
elisabetheva
Full Member
***
Offline Offline

Activity: 1526
Merit: 105


qindo.org - Universal Social Finance


View Profile
May 03, 2019, 08:13:04 PM
 #948

If to think logically, Bitcoin is a deflationary currency... This means that in long-term its price will only grow Roll Eyes
I also believe the same as you say, but maybe there are also many analyzes that occur to see the graph printed, but the time is still long and there are many possibilities that will occur with the passage of time. still believe bitcoin can deal with this situation.  Cry  Cry

yohananaomi
Sr. Member
****
Offline Offline

Activity: 1554
Merit: 258


www.cd3d.app


View Profile
May 09, 2019, 11:44:56 PM
 #949

i think it makes sense a lot but my question remains what would happen when the 21 bitcoin possibilities become exhausted?. what if by then big businesses adopt it for their daily operation? can the price of 1 sats then reach 1 dollar! or would there be an adjustment on the blockchain code to produce more?. I need your view as an economist
I do not believe there will be a decline in prices to the lowest if the bitcoin is likely to run out, because bitcoin will be able to overcome so that prices remain stable and will not be up to freefall. because many alternatives will be implemented so that it cannot happen.

marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3710
Merit: 2098



View Profile
May 10, 2019, 02:21:49 AM
 #950

Also a satoshi cannot ever be worth U$ 1 because :

a) there isn't that much money in existence and;

b) Bitcoin transaction fees would be impossible to pay if the smallest unit of the cryptocurrency gains to much value. You can't break a 1 satoshi transaction down into microsatoshis. That would probably require changes to the core source code, perhaps adding 8 more zeroes.

Just FYI to correct this partial misunderstanding, the lightning network is already using sub-satoshi denominations. Second layer technology that lock-in bitcoin for other crypto-tokens, receipts, etc, like lightning and side-chains can program whatever smallest denomination they choose.

cipherer
Member
**
Offline Offline

Activity: 73
Merit: 10


View Profile
June 02, 2019, 06:27:27 PM
 #951

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.

More market participants are frightened and repelled by the next news about serious problems with security in the blockchain sector. So, recently it became known that the personal data of the clients of the world's largest crypto exchanges Poloniex, Binance, Bittrex and Bitfinex, which in the spring of 2018 collected a full package of information about their customers as part of the “Know Your Customer” (KYC) mode, are sold on the darknet. At the moment, the situation is reminiscent of Westerns with bank robberies, only now they are stealing not only the money itself, but also the data about their owners. It is not surprising that big business is waiting only for guaranteed centralized solutions for the purchase and storage of digital assets.

Sounds scary, is this a fact?
kannikaamudee
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
June 19, 2019, 11:02:46 AM
 #952

That's the reason why every 4 years bitcoin should be halved
elisabetheva
Full Member
***
Offline Offline

Activity: 1526
Merit: 105


qindo.org - Universal Social Finance


View Profile
July 08, 2019, 07:24:59 AM
 #953

Bitcoin is above inflation. Also it is different in every country and at least in some of them the tendency to grow would be faster then the inflation itself. All is profit! Smiley
Maybe what you say is true, but directly the impact may not be there because it's clearly different.
country differences like what you say might be in terms of the legal or illegal influence of bitcoin itself and obviously inflation is not directly affected by it.

tmlee
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
July 19, 2019, 04:33:44 PM
 #954

By the looks of it, bitcoin is a vital alternative in countries where there isn't any good/stable stock market to invest in, and declining currency purchasing power.
should need a big mac index for bitcoin or the sort to track inflation
Polo7
Jr. Member
*
Offline Offline

Activity: 392
Merit: 7


View Profile
July 23, 2019, 06:30:53 PM
 #955

I have strong economical education background.


The btc is in Financial world asset.

Asset is property, gold,



First rule :

When the Bitcoin is strong then fiat is weak.
When fiat inflation rate is high then real estate, gold silver and Bitcoin value is high.


When Economy is Good then the fiat currency have high inflation rate... When markets are Booming stock market for example... Then fiat has high inflation.

When currency has very low inflation rate then this is called economic recression.

AT the economical down time the most of the money is eliminitated from circlelation...
Less Money in circlelation will make money more sacred,  world Economy works by alchemical fundamentals.


The economic system works Simple way anyone just learn the basic rules... Just simple rules and you can make a lot profit!!



Knowledge is power Smiley

Digitalasset123
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
November 17, 2019, 10:47:59 AM
 #956

inflation is commensurate to supply, even when the demand is limited. The inflation in price of bitcoin will cause investors to look elsewhere to achieve their aim of profit when the supply of bitcoin is reached.
JayJuanGee
Legendary
*
Online Online

Activity: 2786
Merit: 4935


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
November 17, 2019, 07:05:41 PM
 #957

I have strong economical education background.


The btc is in Financial world asset.

Asset is property, gold,



First rule :

When the Bitcoin is strong then fiat is weak.
When fiat inflation rate is high then real estate, gold silver and Bitcoin value is high.


When Economy is Good then the fiat currency have high inflation rate... When markets are Booming stock market for example... Then fiat has high inflation.

When currency has very low inflation rate then this is called economic recression.

AT the economical down time the most of the money is eliminitated from circlelation...
Less Money in circlelation will make money more sacred,  world Economy works by alchemical fundamentals.


The economic system works Simple way anyone just learn the basic rules... Just simple rules and you can make a lot profit!!



Knowledge is power Smiley

There may be some straight-forward systems, like you mentioned, but historical patterns does not always establish future patterns, and surely at one point, there were thoughts that bitcoin did not matter at all, and now, more and more BIG players are getting into bitcoin, including sometimes replacing their historical gold investments with bitcoin - though it would be quite imprudent to write off gold completely, since there are already easy institutional mechanisms in place to get in and out of paper gold, and even cumbersome ways to get into physical gold, if anyone would want to burden themselves in that direction.

So, yeah, there remain questions regarding the extent to which bitcoin is correlated to any of these historical asset classes, and/or the extent to which bitcoin's newness would appropriately be compared with historical asset classes including questions about whether bitcoin is in the midst of an exponential s-curve of adoption, then if so at what stage is bitcoin in such s-curve adoption and even if it will play out in a kind of gradual or steep curve. 

Of course, you can make money, but there are so many people who cannot be bothered attempting to figure out the relationships between various asset classes, and the extent to which historical patterns might play out with bitcoin in the scene, including some of the money that goes into related products such as ICOs, shitcoins and various uncertainties regarding how that might play out - as well as uncertainties regarding politics and like you mentioned whether interest rates go up or down and whether governments are going to be able to act as sloppily and irresponsibly as they have in the past with their money printing machinery... and whether bitcoin and other possible investments, including shitcoins, will let them get away with such practices to flood the market with their currencies that might end up devaluating, especially relative to something that is so potentially provably scarce, such as bitcoin.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on Bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
jargom
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
December 20, 2019, 09:53:07 AM
 #958

 ???I don't know why should it be like that for me it s not so clear
JayJuanGee
Legendary
*
Online Online

Activity: 2786
Merit: 4935


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
December 20, 2019, 03:44:04 PM
 #959

???I don't know why should it be like that for me it s not so clear

For a lot of people it is not very clear, but when the train starts going, they are trying to catch up, even if it is still not clear to them why the train is going.. and it becomes a kind of panic chaos.. .that is still not clear, even though it would have been better to have been at least partly on the train rather than chasing it. 



You have your own choices, regarding your level of preparedness attempts, or not... or just to continue to be "not so clear"

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on Bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
best2015
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
December 21, 2019, 12:13:54 PM
 #960

By the looks of it, bitcoin is a vital alternative in countries where there isn't any good/stable stock market to invest in, and declining currency purchasing power.
should need a big mac index for bitcoin or the sort to track inflation

Half year later I can admit - countries are adopting btc faster if govs has big problems at the moment.
However now BTC is constantly falling and more countries consider the option of developing its own digital currency.

Anyway, Imo we will see real Inflation after last bitcoin is mined
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 [48] 49 50 »
  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!