Post
Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
alibaba93
on 22/07/2018, 21:53:35 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 the market is beginning to show signs of a strong recovery, according to my analysis, the bitcoin price will be able to continue to increase strongly in the coming time after going in the last 24h. Currently, bitcoin is adjusting at $ 7500 and continues to increase strongly, but with information received I believe bitcoin prices will soon touch the $ 8000.