The absolute hard cap on # of BTS is 3,761,440,000

[muse-umum]

What worries me is not the rate of dilution. It's that delegates need to dump their BTS in order cover their costs. No matter what the rate of dilution is, there is constant sell pressure.

I may be wrong on this but I think greed is our ally in getting BTS off the ground. With all the crypto projects pitching revolutionary this and that. I think a sound investment is how you slice it. When the price of something goes up and up, like it or not, people notice. I think the dilution can hurt this which is why many companies choose to take out loans instead of diluting shareholders.

Basically I think it's misleading to look at it as a 6% of inflation. Since it does not mean that BTS will only be worth 6% less. A tiny percentage of dilution, dumped on the market an cause a total crash/downward spiral of the price.

So how will Notes take the dilution? Or no dilution?

[mf-tzo]

What worries me is not the rate of dilution. It's that delegates need to dump their BTS in order cover their costs. No matter what the rate of dilution is, there is constant sell pressure.

I may be wrong on this but I think greed is our ally in getting BTS off the ground. With all the crypto projects pitching revolutionary this and that. I think a sound investment is how you slice it. When the price of something goes up and up, like it or not, people notice. I think the dilution can hurt this which is why many companies choose to take out loans instead of diluting shareholders.

Basically I think it's misleading to look at it as a 6% of inflation. Since it does not mean that BTS will only be worth 6% less. A tiny percentage of dilution, dumped on the market an cause a total crash/downward spiral of the price.

 

[cob]

What worries me is not the rate of dilution. It's that delegates need to dump their BTS in order cover their costs. No matter what the rate of dilution is, there is constant sell pressure.

I may be wrong on this but I think greed is our ally in getting BTS off the ground. With all the crypto projects pitching revolutionary this and that. I think a sound investment is how you slice it. When the price of something goes up and up, like it or not, people notice. I think the dilution can hurt this which is why many companies choose to take out loans instead of diluting shareholders.

Basically I think it's misleading to look at it as a 6% of inflation. Since it does not mean that BTS will only be worth 6% less. A tiny percentage of dilution, dumped on the market an cause a total crash/downward spiral of the price.

[svk]

You can track the supply inflation here: https://bitsharesblocks.com/charts/supply

Current annual inflation is edging up towards 2%, well below the current maximum value of 6.3%

Some nice stats you could add:

1. The theoretical max, taking into account the BTS that has already been burned
2. The projected max, taking into account the current rate of inflation

Good idea!

I've just pushed an update with those estimations. I calculate the supply until the 15 day maximum inflation is less than 1000 BTS, or 24000 BTS per year. The estimated future supply is based on the current proportion of delegate pay to maximum inflation, 15.46/50 = 31% at the current time. I then extrapolate the future supply using this proportion, so if we add lots of 100% delegates the estimated future supply will change accordingly.

The current estimates for Nov 2066 are:

Estimated final supply: 2,875,456,487 BTS
Theoretical maximum supply: 3,709,392,565 BTS

[cube]

You can track the supply inflation here: https://bitsharesblocks.com/charts/supply

Current annual inflation is edging up towards 2%, well below the current maximum value of 6.3%

That means we need new money flowing in at a rate of 2% (in order to preserve the value).  Are we achieving that?

[starspirit]

Due to some of the already destroyed coins , it's less than that actually .

It has dropped by almost ~50 million or so by now, due to a combination of having less than 101 paid delegates, and burning shares for various things.

Is there a numbers break-down available on the sources of coin destruction?

[fluxer555]

You can track the supply inflation here: https://bitsharesblocks.com/charts/supply

Current annual inflation is edging up towards 2%, well below the current maximum value of 6.3%

Some nice stats you could add:

1. The theoretical max, taking into account the BTS that has already been burned
2. The projected max, taking into account the current rate of inflation

[stuartcharles]

Even better, thanks svk 

[svk]

You can track the supply inflation here: https://bitsharesblocks.com/charts/supply

Current annual inflation is edging up towards 2%, well below the current maximum value of 6.3%

[stuartcharles]

This is great news,although i see not new to most there will be a lot like me who drift in and out. As a price spike up or down causes a lot of us to drift in to see what is going on. For that reason i am bouncing this.

[Ander]

Due to some of the already destroyed coins , it's less than that actually .

It has dropped by almost ~50 million or so by now, due to a combination of having less than 101 paid delegates, and burning shares for various things.

[btswildpig]

Due to some of the already destroyed coins , it's less than that actually .

[Riverhead]

.
 Though there is no consensus about the required approval percentage for hard forks ..

Note that this applies to all crypto. Bitcoin could decide to double supply with a fork. There's probably only a handful of people that would need to agree too.



Sent from my Timex Sinclair

[Gentso1]

The current protocol does NOT allow infinite inflation ... the delegate pay halves ever 4 years IIRC ..

However .. stakeholdera could agree on a hard fork in the future and change the protocol .
 Though there is no consensus about the required approval percentage for hard forks ..

This statement just further's the case that we need some kind of in client voting.

[xeroc]

The current protocol does NOT allow infinite inflation ... the delegate pay halves ever 4 years IIRC ..

However .. stakeholdera could agree on a hard fork in the future and change the protocol .
 Though there is no consensus about the required approval percentage for hard forks ..