Post
Topic
Board Bitcoin Discussion
Re: what are the chances that more than 21 million bitcoin will be created?
by
Robert Paulson
on 10/05/2014, 15:21:22 UTC
5flags I will accept your answer but it happened with dogecoin it turned into an inflationary currency over night, why was that so?

dogecoin IS NOT inflationary.
http://www.reddit.com/r/dogecoin/comments/1wuhyj/info_clearing_up_missinformation_about_our/

Did you even read what you linked to?

It specifically says:

Quote
We have a 5 billion coin inflation rate

having a constant number of coins created means inflation in % converges to 0.
e.g if the total coin supply is 10 coins and 1 coin is created each day then the inflation rate is 10% on the first day 9.09% on the second day 8.33% on the third day etc.
this means that eventually dogecoin's inflation rate will be practically 0.