Quote from: wachtwoord33 on November 25, 2013, 06:46:58 PM

Quote from: Rampion on November 25, 2013, 05:51:48 PM

Quote from: icem3lter on November 25, 2013, 05:41:28 PM

Quote from: Rampion on November 25, 2013, 05:31:23 PM

No, just read his post history (I did it with a sense of dark entertainment), he is currently saying that he is out because Bitcoin is a bubble and it will collapse because its needed too much money constantly flowing into Bitcoin to sustain the current price given the actual inflationary phase (3.600 coins are "created" every day).

He made some money, so good for him. No need to blame OP he doesnt want to risk anymore.
Those who bough Bitcoins from him can sell with profit if they need money as well, so all happy Wink

It seems no matter what price you buy, if you wait you cant loose. Remember Bitcoin is deflationary.

Not yet. This year's inflation rate is 12.5%. Next year (2014) inflation rate will be roughly 11.11%.

Remember, Bitcoin will be inflationary till +2030.

No, it has a static supply of 21M BTC. It's irrelevant whether these have been issued or not.

Wrong. It's not irrelevant at all - the first mining halving deeply affected price, and so will do subsequent mining halvings. Right now there are 3.600 newly minted coins EVERY DAY - the reduction of that (which is the inflation rate) will have a profound impact on BTC economy.

It's just that noobs repeat like a Mantra that "BTC is deflationary" because they have read that on Wikipedia, while they do not realize that BTC is currently in a heavily inflationary phase.