[CHART] Bitcoin Inflation vs. Time

[joekillz]

i believe bitcoin is the future's money!

[Aggressor66]

Even though the bitcoin had a hiccup, its still worth far more than the dollar.

[Jeremycoin]

So BTCitcoin is going down?

[doggieTattoo]

Pictures not working...

Maybe because they were on Facebook's CDN. I've moved them over to my own web space now.

Different user, but I still have the same problem.  Im guessing though that as inflation goes up, blocks decrease, but would eventually slow down to an incremental decrease.  Am I close or way off?

[junglemouse]

If bitcoin goes 'mainstream' the fixed limit of 21 million coins will create a stronger value than other fiats that we use today.

[Raimonn]

Bitcoins price moves up and down, but isn't the only coin that have movements. Euro / Dolar / Yen There isn't a secure coin that have a stable change. Gold also have the same problems.

[kenscho]

nothing in the economy is stable atm..

[Natalia_AnatolioPAMM]

Greatly presented chart! Catching

[razen489]

Greatly presented chart! Catching

Bitcoin up again? https://www.coingecko.com/en/price_charts/bitcoin/usd
Reason: cannot be explained 

[BIT-Sharon]

it is just a prediction, but there is no rules for Bitcoin to develop or not.

[Morton Bitcoin Management]

What is everyone's prediction for when bitcoin becomes over $1,000 a piece?

My bet is by the end of September 2015 

[marcus_of_augustus]

Annualised inflation rate for bitcoin is now consistently less than 10%.

E.g, yesterday was 9.2% annualised.

[cryptoadoption15]

Annualised inflation rate for bitcoin is now consistently less than 10%.

E.g, yesterday was 9.2% annualised.

I wish we knew exactly how much BTC is forever out of circulation due to private key loss, etc.

[marcus_of_augustus]

Annualised inflation rate for bitcoin is now consistently less than 10%.

E.g, yesterday was 9.2% annualised.

I wish we knew exactly how much BTC is forever out of circulation due to private key loss, etc.

some estimates have it at 1.5-2.5 million including satoshis (dropped into the bottom of the mariana trench)

[ThEmporium]

We are looking forward to 2030+ for "no inflation"... 

Inflation has some benefits too. Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This spending and investment can benefit the economy. Inflation reduces the real burden of debt, both public and private. If you have a fixed-rate mortgage on your house, your salary is likely to increase over time due to inflation, but your mortgage payment will stay the same.

[whitslack]

Inflation has some benefits too. Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This spending and investment can benefit the economy.

This "incentive to spend and invest" is a market distortion. It leads to the "boom-bust" cycle because people are being manipulated into investing in enterprises that wouldn't otherwise be attractive enough on their own to merit investment. When these borderline enterprises eventually fail due to not enough actual resources available to see them through to completion, this causes a bust. This mechanism behind the boom-bust cycle is described very well in Thomas Woods's "Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse" in Chapter 4: "How Government Causes the Boom-Bust Business Cycle." Here is an excerpt:

The central bank's lowering of the interest rate therefore creates a mismatch of market forces. The coordination of production across time is disrupted. Long-term investments that will bear fruit only in the distant future are encouraged at a time when the public has shown no letup in its desire to consume in the present. Consumers have not chosen to save and release resources for use in the higher stages of production. To the contrary, the lower interest rates encourage them to save less and thus consume more, at a time when investors are also looking to invest more resources. The economy is being stretched in two directions at once, and resources are therefore being misallocated into lines that cannot be sustained over the long term.

Inflation reduces the real burden of debt, both public and private. If you have a fixed-rate mortgage on your house, your salary is likely to increase over time due to inflation, but your mortgage payment will stay the same.

Banks take this effect into account when they set mortgage interest rates. In the absence of inflation, the market-equilibrium interest rate for mortgages would be lower.

[Erdogan]

We are looking forward to 2030+ for "no inflation"... 

Inflation has some benefits too. Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This spending and investment can benefit the economy. Inflation reduces the real burden of debt, both public and private. If you have a fixed-rate mortgage on your house, your salary is likely to increase over time due to inflation, but your mortgage payment will stay the same.

Some take advantage of inflation, but on the trades you mention, there is someone on the other side who loses. The saver, who could be you, via your pension scheme.

In your mortgage case, you adjust the price you offer to the expected inflation, offering more than you would otherwise. Before the inflation has materialized, the first few years of your housing adventure, you put yourself into a position of great risk. What if the inflation does not come, or the house price falls?

[mahi4ever]

Very cool and useful graphs and tables.
Got to know about this.

[ibnuhanis]

nice

[daviswilla]

NIce graph .