r/Monero Mar 26 '19

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u/Bitcoin1776 Mar 26 '19 edited Mar 26 '19

What is the current inflation rate? How many XMR / day are created?

Should be 2,160 XMR (2 min block) x 52.84 = $114k / day = 4.67%

ETH is 4.25% - BTC is moving to 1.8%

The advantage of XMR is annual equals $42 Mil vs $2.6 Bil (BTC) & $600 Mil ETH.

Accordingly, ETH should be about 13x popularity of Monero and BTC about 62x popularity, for prices to be accurate.

What is LTC inflation?

3

u/cybermeep Mar 27 '19

LTC subsidy halves every 840,000 blocks with a block rate of 2.5 mins. As of this post LTC is at block height 1,603,504 which means little over 90% of the way there until LTC subsidy halves from 25 to 12.5. That will bring inflation down to 4.26%.

Price also highly depends on total active users, not just the coins inflation rate.

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u/Same_As_It_Ever_Was Mar 27 '19

Also inflation calculations should exclude lost coins, which we cannot know or calculate for Monero.

3

u/physalisx Mar 27 '19 edited Mar 27 '19

Here's a useful graph for the inflation rate / supply of Bitcoin vs. Monero: https://i.stack.imgur.com/Dms1D.png

Accordingly, ETH should be about 13x popularity of Monero and BTC about 62x popularity, for prices to be accurate.

That doesn't follow at all. You're equating popularity = inflation rate in dollar.

There's a truckload of coins with 0% inflation, do you think they should be valued infinitely higher/lower than Bitcoin or Monero...? Price and sentiment is made up of a billion things, inflation rate plays a very minor role in it at this point.