Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
Kayex
on 14/08/2014, 02:47:23 UTC
So in a sense, are the deflation and inflation of BTC kind of like stocks?
Since it's effected by current events relating to BTC.
And also it's ran by supply and demand?

The price is linked to future price expectations and supply and demand

Bitcoin is an inflationary currency in the sense that the number of bitcoin is rising : 11m today to 21m in 2140 but the number of users and the wealth it represents is going up faster so the price should appreciate
So if I was to buy btc, would now be the best time?
Since that the price is appreciating right now.

Also 2140 is going to be a really long time from now. Would this investment be worth it?