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Author Topic: Inflation and Deflation of Price and Money Supply  (Read 525815 times)
aqrulesms
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May 10, 2018, 08:15:42 AM
 #1081


I feel like somebody wants to troll me. I mean, please, the definition of inflation is not that contradictory of a topic.

                   
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ferdoush
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May 10, 2018, 10:12:12 AM
 #1082

which honestly, to me, is a term made popular by Keynesian's to hide the real facts, as price inflation/deflation is simply the market exchange rate, reflective of the money supply into a currency from itself and other currencies

I'm not sure if it's just me but I had a hard time understanding the underlined. Is that redundant? from itself and other currencies?

Anyways, with the ASICs coming out soon, what do you think the value of bitcoin will do for the the first couple of months? I feel like it will start to drop rather rapidly as people are trying to get their hands on more USD to compensate for their expenses. Then they would start to keep the BTC and the difficulty would rise so it would go back up?
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May 10, 2018, 01:36:41 PM
 #1083

Inflation is an increase in the general level of prices, accompanied by a corresponding decrease in the purchasing power of money (depreciation of money) and leading to the redistribution of national income. Deflation is a reduction in the overall price level. Inflation is the main destabilizing factor of the market economy.
Inflation has a strong impact on economic agents, someone wins, someone loses, but most consider inflation to be a major problem.
Your rating is correct, I think so. The fact is that inflation is a big problem for the whole society at anytime, everywhere also have  inflation. I hope soon to find a solution to curb inflation so that the market economy is stable.
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May 10, 2018, 08:32:43 PM
 #1084

inflation simply means increase in price while deflation means opposite of the inflation that's decrease in price.
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May 10, 2018, 09:42:09 PM
 #1085

Thanks for info. Excellent posting sir. Great job!
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May 11, 2018, 08:18:57 AM
 #1086

Supposing that quantum computing has the ability to break crypto and the hash functions that are used in the blockchain.

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May 12, 2018, 03:50:55 PM
 #1087

Inflation simply means increase in prices while the deflation is decrease in prices.
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May 12, 2018, 06:47:45 PM
 #1088

Inflation means increase in price while deflation is opposite of inflation.
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May 13, 2018, 09:04:22 AM
 #1089

https://webdollar.io/
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May 13, 2018, 03:00:21 PM
 #1090

BTC
....
Onews1990
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May 14, 2018, 06:05:15 AM
 #1091

At some point of time we will to the final stage of bitcoin's evoluation when we switch to another crypto curency which has better function and not so connected to the quantum technologies.

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May 14, 2018, 11:04:48 AM
 #1092

 Traders willing to BUY Bitcoin from SELLERS in exchange for other cu
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May 16, 2018, 02:38:07 PM
 #1093

You all may be very interested in my new Federal Reserve of WIP coin, which is centralized and by fiat.  There is a discussion thread in here as well. Smiley
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May 17, 2018, 06:23:47 AM
 #1094

Bitcoin is money, it just has all the infrastructure ( Fraud checking and storage etc. ) already built in and only exists digitally, you just have a bunch of people who Bitcoin threatens denying everything and openly refusing to class it as money.
Bitcoin it's not money mate Smiley Bitcoin its asset digital, from my opinion no one still can replace money. But bitcoin can replace payment system like Visa, Transfer Bank, and others think. Well, it's my opinion what happens on future let's see.

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May 17, 2018, 06:20:55 PM
 #1095

Yes you could estimate future cash flows of you had contracts or sales data.

For example I worked for a bakery that made 20K per month.  Then I decided to model my business after theirs but in a different past of town that didn't have a good bakery.  I could estimate that within a few years my business could possibly genstate similar income

Or if I snuck behind their backs and offered the same baguette to a distributor for 20% less and stole their contract
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May 18, 2018, 09:04:11 PM
 #1096

Bitcoin is money, it just has all the infrastructure ( Fraud checking and storage etc. ) already built in and only exists digitally, you just have a bunch of people who Bitcoin threatens denying everything and openly refusing to class it as money.
Bitcoin it's not money mate Smiley Bitcoin its asset digital, from my opinion no one still can replace money. But bitcoin can replace payment system like Visa, Transfer Bank, and others think. Well, it's my opinion what happens on future let's see.

I think that we will slowly transition into an era where Crypto will take over fiat, maybe not now, neither in 30, but more like 50 years everything will be price tagged in crypto. Crypto just allows payments to be faster, easier, secure, etc...

Take this scenario as an example:
It's 2070 and you're grandchild is trying to buy his new virtual reality gaming kit produced by Tesla.
What do you think is a best suitable way to pay for it:
1) The fed has a "crypto dollar" backed by "trust" which they regulate.
2) BTC or other Crypto (decentralized) (given that transaction speed and costs are efficient by then).

It's obvious that a crypto decentralized option is by far the best option.
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May 20, 2018, 01:42:00 AM
 #1097

Bitcoin is still too volatile to be the main form of payment at the moment, but that will change over time. As bitcoin becomes more and more distributed, the price will being to stablize. We are lucky to be living in a time when a change of paradigm is actually occurring. Bitcoin and cryptocurrencies will fundamentally change the way humans ineract for each other, and we are all contributing to what that will look like.
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May 20, 2018, 12:07:49 PM
 #1098

I feel like it will start to drop rather rapidly as people are trying to get their hands on more USD to compensate for their expenses. Then they would start to keep the BTC and the difficulty would rise so it would go back up?
Onews1990
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May 22, 2018, 08:48:08 AM
 #1099

To my mind, there will be a significant decline in the beginning of the year but it will get to its peak later, like 30K or so.

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May 23, 2018, 01:12:01 PM
 #1100

The dollar and the ruble are not backed by gold, inflation is high, so bitkoin has chances to become the best currency
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