THE INFLATION OF STEEM OVER THE NEXT 30 YEARS!

in re-calculated •  7 years ago 

Bookmark this post for when you need to know what the supply of STEEM will be year over year for the next 30 years.

Calculate-How-Much.jpg

YearSupplyInflationNew Supply
2016250,000,0009.50%23,750,000
2017273,750,0009.08%24,854,398
2018298,604,3988.66%25,854,554
2019324,458,9528.24%26,727,942
2020351,186,8947.82%27,452,027
2021378,638,9217.40%28,004,740
2022406,643,6616.98%28,364,989
2023435,008,6506.55%28,513,181
2024463,521,8326.13%28,431,762
2025491,953,5935.71%28,105,742
2026520,059,3355.29%27,523,204
2027547,582,5394.87%26,675,768
2028574,258,3084.45%25,558,997
2029599,817,3044.03%24,172,733
2030623,990,0383.61%22,521,348
2031646,511,3863.19%20,613,886
2032667,125,2722.77%18,464,106
2033685,589,3782.35%16,090,399
2034701,679,7771.93%13,515,587
2035715,195,3641.51%10,766,608
2036725,961,9731.08%7,874,074
2037733,836,0470.95%6,971,442
2038740,807,4890.95%7,037,671
2039747,845,1600.95%7,104,529
2040754,949,6890.95%7,172,022
2041762,121,7110.95%7,240,156
2042769,361,8680.95%7,308,938
2043776,670,8050.95%7,378,373
2044784,049,1780.95%7,448,467
2045791,497,6450.95%7,519,228

If you have any questions about STEEM, find me and thousands of STEEMIANS on http://STEEMspeak.com 24/7 Discord Voice & Text chat with STEEM-WALLET & Investigation & Upvote Bots. Come join us all there today, tonight, tomorrow, yesterday.... if you have a time-machine like me (I actually wrote this post 8 days from now). Also - vote for my WITNESS on the witness-page, my witness is named @fyrst-witness.

Thank You :)
Fyrst.

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I will take this data for my reference. I will share it. hope you do not mind. thanks for sharing

This inflation will help in increasing the steem price a lot. If there would be scarcity of something, we will be having its price going up.

Are you saying this is the amount of steem created per year?
Good to know.
Knowledge is power.

I was just wondering about this today. How many years does STEEM inflation go for at .95% Indefinitely?

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yep, something like that.

Ps this info assumes no change by forks until 2045

  ·  7 years ago (edited)

Great job. I couldn't find inflation rate. This is overall very low inflation rate I now I am sure that price of Steem will be much higher than now...

  ·  7 years ago (edited)

Does Steem have a limit to how many can or will be produced? Or Maximum Supply?

no

I have a time machine. When I show it to people, sometimes they go "Haha, not funny" - but you won't meet any of them on this timeline. timex.png

Hey by using your time machine can you tell me what would be the price of cryptos in next month ??
and already gave witness vote to you.

Good work!!

You're an optimist, I like it)

still going to be better than Ripple, amiright?

Steem and Ripple are not even close mate. Ripple is a payment solution in the banking sector. Steem is about social media platform.

Those numbers are not that bad, it might actually not be enough Steem to cover for all the users that will come in the future to the platform!

Not a problem, The steeem price will rise up if the number of coin is limited

Not a problem, The steeem price will rise up if the number of coin is limited

Not a problem, The steeem price will rise up if the number of coin is limited

This way you can never lose track of your steem and analyse it year by year. But I hope your analysis success and give a good result.
Respect your information.
upvoted

as yet going to be superior to Ripple

thats pretty cool to know......
thanks for sharing

I wonder if I'm gonna live to see 2045...

Phil.jpg

Am not vast yet with cryptocurrency but from the statistics, is it going to be a positive trend?
Will the reduced supply make a positive impact in years to come?

thank you .. you already want to share information

Thanks for sharing. :)

With Steem we grow,
Together, one love!

That's awesome..
Already voted as witness :)

Interesting! What about sbds? are those generated infinitely too? do they have a cap? a way to burn them?

no, there will never be many SBDs in circulation, they represent just a small fraction of the entire supply and is baked into this formula for simplicity. SBD is a STEEM derivat, a single feature cryptocurrency if you want.

and what prices you see steem at for this next year end

150000 yen

great information..
thank you.. dear @fyrstikken

Good calculator @fyrstikken

thanks for sharing this post

this information is very useful.

  ·  7 years ago (edited)

Steem is unpredictable maybe in the next 1 years or even a month it will increase to the equivalent of the inflation of 30 years. But if you do really have a time machine maybe it's time for you go back in time and tell us earlier how wonderful was this platform is. Lol

Looks like a great future! Can't wait. Joy

Thanks for sharing

I did not know this!!! Is Steem like Monero with a permanent supply increase indefinitely? On your table, 2037 and on shows the same inflation amount each year.

Thank you i bookmark this post for future use.. I ll vote you soon as a witness.. One thing i am noticing that with every passing year this supply is going down.. Why its so?

i don't think the inflation is that bad , going by the duration i though it was infinite at-least am glad i now know.

Thanks for this table.
However, the current supply is:
264,097,168.715 STEEM (Virtual supply 266,372,024.567 STEEM).

This is less than the 273,750,000 STEEM you have in your table for 2017.

Are the values in your table for the beginning or the end of the year?

I checked these numbers from the op. They don't agree with my calculations. I think he is showing too many coins in issue in the erlier years and too few in the later years, in otherwords he is under-stating the inflation rate. To me it seems that the inflation rate is very variable but almost always above 15%, and occaisionally reaching 50% p.a. e.g. between 31/10/18 and 31/12/18. Now in late Feb it seems to be down to 16%.

DQmTKPc4LPeEpWZLH1vwQW3o1WTBXbQ4SoPiUaW7MPePBXo.jpg

That's very interesting information. I didn't know those were things that were set in stone like that in advance.

Wow man this is such a great idea. This way you can never lose track of your steem and analyse it year by year. Thank you for your advice.

OMG🙊
next 30year 🙉🙉
i like steem😍

I didn’t realize there would be that much new Steem printed for that long, veryvgood to know, perhaps I will have a real chance to power up. :-)

  ·  7 years ago Reveal Comment