[CHART] Bitcoin Inflation vs. Time

[backtrack12345678]

can you explain to me about picture i still dont understand about it i so newbie in cryptocurrency world thanks before

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[TUSHAR@1908]

I am in doubt with the chart as for now we can't say that Bitcoin will even exist in the future or not?
As most of the Government and even Super30 Countries are banning Cryptocurrency at a very fast pace.

[anzhanbei1214068]

BitCoin is the Most Amazing Currency At the Moment

Bitcoin, as an electronic payment currency, is capped at 21 million. So the final total is going to be 21 million. This determines the amount of bitcoins in exchange with ordinary currencies, so in general, bitcoin does not have inflation, but because it produces less deflation.

[Komobit]

A curiosity from a long long time ago

The Roman Empire had absolut dismanegement over their money and 'printed' a lot of it but used almost all this new money to pay soldiers in front while they conquered more territory, so there was more ppl (from the new terrytory) using the money.

Their monetary base grew but the number of ppl using it grew too... so the inflation was not sensed becouse 1-1=0.

As long as more ppl use criptos the less inflation we will get

[Magiklair]

As for the chart provided, I can't see anything related to the Bitcoin value with time. Value can be defined as the relation of the demand and supply. Here we can see only supply. We can conclude that the value is zero if there is no demand.

[belousov]

As for the chart provided, I can't see anything related to the Bitcoin value with time. Value can be defined as the relation of the demand and supply. Here we can see only supply. We can conclude that the value is zero if there is no demand.

I would agree to this, it's a good indicator but like Magiklair is saying the value wouldn't be zero if there was no demand.

[Gelap]

As for the chart provided, I can't see anything related to the Bitcoin value with time. Value can be defined as the relation of the demand and supply. Here we can see only supply. We can conclude that the value is zero if there is no demand.

I would agree to this, it's a good indicator but like Magiklair is saying the value wouldn't be zero if there was no demand.

I think the graph is not about bitcoin prices, but the graph is about when bitcoin will be mined. its estimated bitcoin will be exhausted mined in 2037 and above. which is the problem whether there is inflation or not in that year.

[marcelocoin]

I like the graphic, very interesting to see an estimate of inflation and bitcoin time

[bengsabeng]

Consistent with Bitcoin, its current value continues to rise making it more valuable as an investment commodity. People buy Bitcoin not to use it as a means of payment when shopping online, but rather to wait or find other Bitcoin buyers who want to buy their Bitcoin at a more expensive price.

I am very sure bitcoin prices will continue to increase, when many people who want to have bitcoin then the price will increase. I'm sure the price will reach $ 100k in the future.

[MM511]

Is there a layman's version explanation of the two charts? My maths only went as far as Calculus 1, several years ago 

[SnowyPerson]

Is bitcoin not a deflationary coin? He has a limited emission, history shows that he will only grow. Perhaps significantly faster than now.

[ZuperZ]

thank you for this simple yet useful figure kudos to you ! 

[chand96]

 

Useful graphs, props.

[Starscream]

You know... the first curve met at about 29%... but it should have met at 25%...

[ridertiger]

Well, monetary (supply) inflation of Bitcoin is very very related to what Keynesian economists are typically referring to price inflation. That is because if you increase the supply of something, its price will decline. That's why limited supply, or low supply coins are valuable, that is the reason bitcoin is valuable, because there is only 21 Mil of it. When the bitcoin generation decreases, the price will definitely increase, provided that the demand remains the same, or increases.
Warren Buffet said Bitcoin is rat poison. That's right, it is the poison, and the banks are now the proverbial rats.

[decoder88]

Forgive my ignorance here, but I'm not sure I understand this graph. I'm not a math genius or economics genius, but I thought inflation was a rise in prices due to an increase in the money supply, which is obviously not what we see graphed here. How is inflation defined in this graph?

As the graph said that time affects the inflation of Bitcoin because if the user not focus on prices in the market due to lacking of time, it can missed the chanes to get higher income

[onnz423]

I think even though Bitcoin was (apparently) designed to beat inflation, all systems tend towards disorder, and in the case of currencies, disorder leads to inflation. Bitcoin is new and hasn't been hit as hard as fiat, but over time it probably will experience a type of pseudo-inflation.

[Ryker1]

I think even though Bitcoin was (apparently) designed to beat inflation, all systems tend towards disorder, and in the case of currencies, disorder leads to inflation. Bitcoin is new and hasn't been hit as hard as fiat, but over time it probably will experience a type of pseudo-inflation.

I agree with this guy. I also think the same. Bitcoin is made to beat the inflation. Bitcoin price is also changing in a period of time. As the price of the goods or the products that we buy goes up in a period of time, there's bitcoin who is the same. Bitcoin price don't always go up, sometimes it goes down too. But we can see that in a period of time it goes up too. From 1$, 10$, 100$, 1000$, and now 10000$.

[ridertiger]

Thanks for this. This presentation is much better than just saying it. By seeing the graph I can say that bitcoins supply is going down while the monetary price or value is soaring high. But as long as the monetary price goes up and I am earning I will still go on with bitcoins. Supply and effect can really take it in and pull BTC from going deep into the ground. Plus in a few years or so, I agree with you that BTC will go widespread now and won't really be that much affected anymore with inflation.

[gandhe83]

Inflation is a term often referred to in the mass media and becomes a worry for the world economy. and bitcoin - the currency algorithm is considered the solution to inflation.
bitcoin will help algorithms, circulations, storage, transactions do not need a formal organization but only through the internet. The transactions will be dealt with promptly, safely and the tax will be calculated fairly.
And if bitcoin is accepted as a world reserve currency, it will create an environment that can curb inflation.