Quote from: bbbbbb2014 on September 05, 2014, 07:25:43 AM

Quote from: bjornw on September 04, 2014, 07:52:17 AM

Quote from: Timetwister on September 04, 2014, 07:33:26 AM

Quote from: bearproof on September 04, 2014, 07:22:19 AM

Quote from: Timetwister on September 03, 2014, 06:58:24 PM

WTF? FRR for BTC is only 0.0155% daily. That's about 5% per year after fees.

Look at the bright side, its very cheap to short bitcoins! and we are in a down trend...

Considering that bitcoin inflation is still about 10% per year, you are indeed paying a negative real interest for them. It would be interesting if you could then withdraw the BTC that you short on Bitfinex.

Quite sure swap providers wouldn't find it too funny Wink

Um, well. Now we are talking about Bitcoin inflation. One of the major arguments for Bitcoin was the absence of inflation. Now where this beast (the inflation) came to this movie without me noticing it?

People say Bitcoin is deflationary because, when all 21M are generated, no new ones are generated. I personally would call that "static" and not deflationary, but meh.

Now, until all 21M are generated (in 2160 or something?), Bitcoin indeed is inflationary. Simply because every 10 minutes a new batch of 25 BTC are generated. Which adds up to currently 1,314,000 in a year, which is close enough to be 10% of the current 13,227,325 BTC in existance.

Of course those 10% inflation in the Bitcoin amount is quite irrelevant in comparison to adoption, hype, crashes, and manipulation. And ridiculously little in comparison to the traded volume as well.

Ente