zero01
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Activity: 98
Merit: 10
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August 27, 2015, 02:28:25 PM |
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very nice
even you already predict up to 2033
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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August 30, 2015, 10:39:10 AM |
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all currency in the world must be experiencing inflation,including bitcoin. but certainly no one who knows when it happened
makes sense... /s |
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Agaguk24
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Activity: 242
Merit: 100
Extended Reality Advertising
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September 06, 2015, 08:52:13 PM |
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We are looking forward to 2030+ for "no inflation"...  No inflation at all is not a good thing. This is one of the problems of BTC. |
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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September 07, 2015, 02:42:19 AM |
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We are looking forward to 2030+ for "no inflation"... No inflation at all is not a good thing. This is one of the problems of BTC. It is not at all a problem, it is a feature. The ravages of deflationary economics only happen in a captive population who have no choice but are forced to use the monopoly money that becomes dysfunctional. As long as participants can voluntarily opt for a currency that suits their time and price preferences a zero inflation currency will not lead to the classically understood deflationary economic symptoms. |
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smartkiller
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September 08, 2015, 04:26:27 PM |
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Consider these numbers a rough guide in those high
volatility times, and more accurate in days of lower
volatility. 100.00%. 1000.00%. 0. 5. 10. 15. 20. Bitcoin Inflation vs .
Time . Inflation Rate. Monetary Base. Blocks (thousands).
In.
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painlord2k
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September 08, 2015, 08:18:27 PM |
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We are looking forward to 2030+ for "no inflation"... No inflation at all is not a good thing. This is one of the problems of BTC. Not if you have bitcoin, if you get paid in bitcoin and if you pay in bitcoin. But mainly it is not a problem IF you have no debt in Bitcoin. |
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whitslack (OP)
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September 08, 2015, 08:20:29 PM |
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No inflation at all is not a good thing. This is one of the problems of BTC.
Okay, you can keep using your inflating, depreciating money, and I'll use my deflating, appreciating money. If this makes you want to force me to use your money too, then is your money really better? |
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RealBitcoin
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September 11, 2015, 08:02:22 PM |
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This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info).  It is calculated on the past 365 day moving average of minted coins in the past 365 days. It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation) |
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Lazada
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September 14, 2015, 02:07:46 PM |
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This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info). It is calculated on the past 365 day moving average of minted coins in the past 365 days. It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation) infalsi large enough and make people quite worried save bitcoin in large quantities |
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RealBitcoin
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September 15, 2015, 05:35:47 AM |
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This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info). It is calculated on the past 365 day moving average of minted coins in the past 365 days. It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation) infalsi large enough and make people quite worried save bitcoin in large quantities With 10 minute blocks we will reach 70% of all bitcoins mined in ~30 days  (Currently 69.5846% of the bitcoins are mined out) The rest of the 30% are left for the future 100 years. ----------------------- Currently, using my method we got:  (bit less than before, the inflation is decreasing, this is not a fiat currency  ) |
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Miss Fortune
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September 22, 2015, 03:41:28 AM |
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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. Some people say that biticoin has general increase in prices and fall in the purchasing value of money in time. It is somehow always connected. |
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zero01
Member
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Activity: 98
Merit: 10
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September 25, 2015, 03:31:35 AM |
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Could you explain the law of the pictures? I don't know how they make sense.
I think the picture that shows that the time you need to collect the equivalent bitcoin working hours do you spend on your work in the real world  |
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p0k3r
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Activity: 14
Merit: 0
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October 10, 2015, 12:42:00 AM |
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Great graphs, really nice. Kudos! |
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johandy
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Activity: 18
Merit: 0
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October 19, 2015, 12:58:54 PM |
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Thats very useful chart. Thanks for valuable information.
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TTMNewsMJ
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October 20, 2015, 02:01:51 PM |
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A very useful chart. Thanks for the info.
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RealBitcoin
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October 20, 2015, 11:59:40 PM |
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 This is the current status of bitcoin. The yearly inflation rate moving averag is going down slowly. We just broke below 10% inflation _____________ Already, 70% of the coins are mined out, this leaves us with only 30% total inflation for the next 200 years |
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eternalgloom
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Activity: 1792
Merit: 1283
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October 22, 2015, 05:21:21 AM |
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Nice chart, indeed this has nothing to do with price inflation but let's hope there is some correlation Guess we'll see when the block reward halves. |
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RealBitcoin
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October 26, 2015, 11:08:24 AM |
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Nice chart, indeed this has nothing to do with price inflation but let's hope there is some correlation Guess we'll see when the block reward halves. 1 week has passed and inflation is only down 0.02%, slow and steady but its going down  |
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