Post
Topic
Board Bitcoin Discussion
Merits 3 from 3 users
Bitcoin anniversary. 17 millionth mined.
by
bitmover
on 27/04/2018, 11:18:30 UTC
⭐ Merited by bill gator (1) ,vlad230 (1) ,Mr.Ease (1)
Yesterday, april 26th 2018, the 17 millionth Bitcoin was mined. It's somehow a bitcoin aniversary. Only 4 million to go, 80% of total supply.



Bitcoin is still a inflationary currency. According to BashCo.github.io we have now 3,8% inflation rate per year, as the block reward is still 12.5 BTC per block. By 2021 we will have a halving, and inflation rate will drop to 1,7% as reward will drop to 6.25


Source: https://BashCo.github.io and https://www.coindesk.com/17-millionth-bitcoin-mined-means-matters/

According to Statista, global inflation rate is 3,15%, which is lower than bitcoin inflation rate now.

Let's wait to see the impact on price when bitcoin has a inflation rate lower than the global inflation rate.
By 2025, 0,8% inflation, according to bitcoin wiki and BashCo.

I will be holding until then.