Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 14/04/2014, 18:58:09 UTC
Approximate annual inflation rates since Jan/2014:

Euro Area (Euro) 1%
USA (Dollar) 1.6 %
China (Yuan) 2%
Brazil (Real) 6.5%
Argentina (Peso) 11%
Venezuela (Bolívar) 54%
Bitcoinland (Bitcoin) 350%
 Wink


O.k.  You are very selective with the period of time that you selected. 

With this, you are attempting to spin and to spread FUD.

Why don't you compare the inflation or deflation over various periods of time to put your numbers into a more accurate context... for example compare the period that you selected (January 2014 to April 2014) with April 2013 to April 2014 and/or compare your period with January 2011 to April 2014.  You should reach the opposite conclusion that Bitcoin actually deflationary rather than inflationary.. which is likely going to continue into the long term future.. so long as bitcoin survives... and really may NOT be too fair to pick any currency, such as bitcoin over its adoption phase to be reflective of long term stability.  The adoption phase number (in which we currently are in) are going to be quite a bit skewed in the deflationary direction - much more than later.