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.
https://livecoins.com.br/wp-content/uploads/2018/04/coinmarketcap.pngBitcoin 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, according to bitcoin wiki and BashCo, inflation rate will drop to 1,7% as reward will drop to 6.25
https://livecoins.com.br/wp-content/uploads/2018/04/newplot.jpgSource:
https://BashCo.github.ioAccording 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 low inflation rate, below global inflation rate.
By 2021 bitcoin will have 1,7%, and by 2025 0,8%.
I will be holding until then.
source (portuguese):
https://livecoins.com.br/17m-bitcoins-minerados-inflacao-mundial/Idk what will happen if BTC run out. will BTC die? Or ETH will take BTC place as number one Crypto Coin? Please explain to me.