Post
Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
phucngungoc
on 19/06/2018, 22:01:59 UTC
A clarifying note: These charts show the monetary (supply) inflation of Bitcoin. They bear no relation to price inflation, which is an entirely distinct phenomenon. When Austrian economists say "inflation," they're typically referring to monetary inflation, whereas Keynesian economists are typically referring to price inflation.

Also, please note that the top axis ("Year") on these charts is approximate, based on the scheduled block generation rate of one block per 10 minutes. The actual block generation rate has averaged a bit faster than this, due to the perpetually increasing hash rate, so we're already a little bit further progressed than the labels along the top axis would suggest. This doesn't mean there will be any more than 21M bitcoins; it only means that we'll reach the end of supply generation a little bit sooner than we would have if the hash rate had always held constant.


Permission given to use and reproduce freely.
You can see that bitcoin prices have been moving slightly and moving sideways today, bitcoin is now correcting at $ 6750 and my analysis suggests that the possibility of bitcoin prices continuing to rise is very high. , you can see that the market is volatile and difficult to predict, so be very careful when trading altcoin.