It seems this month could reach $1.100, because only in 3 days already showed a great performance. I suggest don't sell bitcoin, better hold and waiting for a bigger profit again.

A clarifying note: These charts show the monetary (supply) inflation of Bitcoin. They bear no relation to price inflation, which is an entirely distinct phenomenon. When Austrian economists say "inflation," they're typically referring to monetary inflation, whereas Keynesian economists are typically referring to price inflation.

Also, please note that the top axis ("Year") on these charts is approximate, based on the scheduled block generation rate of one block per 10 minutes. The actual block generation rate has averaged a bit faster than this, due to the perpetually increasing hash rate, so we're already a little bit further progressed than the labels along the top axis would suggest. This doesn't mean there will be any more than 21M bitcoins; it only means that we'll reach the end of supply generation a little bit sooner than we would have if the hash rate had always held constant.


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Good idea. But the simpler solution is to keep producing new coins at a moderate rate. I think some altcoins do this already.

It seems this month could reach $1.100, because only in 3 days already showed a great performance. I suggest don't sell bitcoin, better hold and waiting for a bigger profit again.

Well, I do not think so, that kind of "cleaning or recycling" would not be well seen by most of users, that is too arbitrary, besides it's too early to worry about that and nobody guarantees that it survives so many years, at that time the nodes would have to be renewed several times at least, and the blockchain could be immensely big, whether they choose hardfork, softfork or total replacement.

So isn't this good? Doesn't this mean that we the value of bitcoin will continue to rise and rise over time?