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RE: STEEM vs. BTC Analysis - Get Ready for the STEEM Tenthing (not Halving)!
Interesting analysis. The inflation rate was nearly 400% when I joined in July - must have been even higher before that during the early distribution phase. Over time it has fallen to 160%.
While the inflation rate will be much lower, so will the power down period. We'll see how these two forces balance out the price, at least in the first three months.
Wow... 400% jeez! I don't have data, like blockchain access to full specifics. I got around ~607/min 8 month average with the existing supply, by comparing to the supply that was supposed to exist at 400/min. It comes out to 160% roughly give or take for 8 months. Thanks for the info on the 400% inflation, that's nuts. I'm really glad these changes are coming, because it's something I didn't get as viable long-term until mass popularity hits. Peace.
@hisnameisollie used to do weekly reports. You can see https://steemit.com/steem-stats/@hisnameisolllie/steem-it-statistics-week-4 and https://steemit.com/steem-stats/@hisnameisolllie/steemit-statistics-week-11
Inflation rate falling from 360% to 235% in 11 weeks. 5 more weeks have passed since the last report, we can only assume it has fallen from 235% to 160% in that time.