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Author Topic: [CHART] Bitcoin Inflation vs. Time  (Read 484970 times)
DyIanf3
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November 07, 2017, 03:56:51 AM

Can't realise why it usually around the same price at btc-at the and bitstamp and the cost alter at requests and bet
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ausbit
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November 07, 2017, 03:02:37 PM

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.

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November 07, 2017, 08:15:16 PM

Gold marketplace is a lot older than bitcoin so there is no doubt there are more cases of gold than bitcoin, bitcoin is something which is used by those that are more technological willing so we are usually more youthful simply because you need to know about technologies to know bitcoin.
mmortal03
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November 07, 2017, 09:13:49 PM

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.
jasondublinkun
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November 08, 2017, 07:28:16 AM

When i have a vote...

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Alexbit2017
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November 08, 2017, 07:55:33 AM

I do not understand the schedule
Squid0I
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November 10, 2017, 01:28:51 AM

The cost of bitcoin rising cost of living is directly connected to time because the formula was created with time becoming one of its main essences.So I have faith that as increasing numbers of the year progresses more Bitcoins are found and fewer is going to be open to mine while the trouble is going to be insane. So, the cost of bitcoin with time should go up!
angel_24
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November 11, 2017, 11:11:22 AM

Now I am believe about that .well play bro
NaughtyDraught
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November 11, 2017, 02:51:44 PM

Therefore , basically the graph is shoinw instantaneous rate of inflation with respect to the given time period. The cash provide rising cost of living rates are being trained rather than the cost rising cost of living which is a keynesian approach.g
Prince786
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November 12, 2017, 06:06:22 PM

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

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.

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Nanot
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November 14, 2017, 11:42:22 AM

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.

As the picture stated. Inflation make more in terms of sacrificing time in able to had more grater options for future by nurturing every opportunities came.like a precious wine,gold and stone. More older and time past by . It makes more valuable and priceless. Sacrificing time for success is better preparation for future. Just need a tons of patience.
SIammingWar
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November 14, 2017, 08:59:43 PM

Bitcoins price techniques up and down, but isn't the only gold coin which have moments. Euro Or Dolar Or Yen There isn't a secure gold coin that have a reliable alter. Gold also have a similar problems.ev
CheckCheer
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November 16, 2017, 01:19:04 AM

Ubiq dropped a great deal in the present allocation of cash to bitcoin. I think it has stg basic principles.nro
kiennguyenpro
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November 16, 2017, 05:02:22 AM

Quote
This chart shows the instantaneous rate of inflation, annualized.
Ok so if I'm understanding this correctly, it is essentially the inverse or what ever you want to call it, I'm not a math genius as I said... except that it is plotted as a percentage of change in discrete yearly steps?

The money supply increases linearly (roughly) at 50 BTC every 10 minutes for the first 210000 blocks, then 25 BTC every 10 minutes for the next 210000 blocks, then 12.5 BTC every 10 minutes, and so on.  That is why the blue line is made up of straight lines with decreasing slope every 4 years or so.

The instantaneous inflation rate decreases over time.  If I have 50 BTC in the total economy (block 1), and then I suddenly have an additional 50 BTC 10 minutes later, the total supply has inflated 100% from what it was a moment ago.  Annualized that works out to well over 1000% inflation rate.  As the total supply increases after each block, the next 50 BTC are smaller percentage of the total then the previous 50 BTC were (because the total is larger). Now that I have 100 BTC in the supply, the third block of 50 BTC increases the total supply only 50% instead of 100%.  This is why the red line is made up of curved sections (although given the scale of this graph after 2017 it becomes difficult to see the curve).

Then once every 210000 blocks the amount of newly minted currency is cut in half.  This creates a 1 time sudden drop in the amount of currency being created every ten minutes.  This would be why you see the straight dropping verticle portion of the red line every 4 years or so.
tks pro . nice info
bileta
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November 16, 2017, 10:09:00 AM

I guess its normal for the market elements to fluctuate

CheesyNibIe
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November 16, 2017, 02:39:57 PM

all currency in the world should be experiencing inflation,such as bitcoin. but certainly no one who knows when it happened
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Today at 12:01:26 PM

помогите как посмотреть сколько у тебя биткойнов

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