Bitflate (BFL)
Details about Bitflate cryptocurrency
Bitflate
BFL
Unknown for now
SHA-256
2
€0
0
Unknown
https://bitflate.org/
@bitflate
https://www.reddit.com
Bitflate price charts
BFL exchanges
Bitflate, the crypto
Bitflate (BFL) is a cryptocurrency that was designed to be inflationary, in contrast to most other cryptocurrencies which are designed to be deflationary. Unlike fiat currencies, which can be printed by central banks to meet economic requirements, most cryptocurrencies have limited supply which can lead to price deflation. The team behind Bitflate (BFL) believe that by increasing the supply of BFL over time, they can make it more stable and better suited for use as a medium of exchange.
The point
The main point of Bitflate (BFL) is to address the issue of price volatility that many cryptocurrencies experience. By increasing the supply of BFL over time, the creators of BFL hope to reduce the effects of market speculation and create a more stable cryptocurrency that can be used as a medium of exchange. They also believe that a cryptocurrency that is designed to be inflationary will be more attractive to the general public, who are used to fiat currencies that increase in supply over time.
The problem
The primary problem that Bitflate (BFL) tries to solve is the issue of price deflation and volatility that many cryptocurrencies experience. By increasing the supply of BFL over time, the creators of BFL hope to create a cryptocurrency that is better suited for use as a medium of exchange, and that can be more stable and predictable in terms of price movements. They also hope that by creating a cryptocurrency that is inflationary, they can make it more attractive to the general public who are used to fiat currencies that increase in supply over time.
Compare BFL and BTC performance
Timeframe | BFL | BTC |
---|---|---|
1h change | 0 % | -0.0469625 % |
24h change | 0 % | -1.9067 % |
7 day change | 0 % | 3.32927 % |
14 day change | 2.94 % | -4.35112 % |
30 day change | 0 % | 22.9516 % |
200 day change | 0 % | 164.34 % |
Year change | 4490.61 % | 155.003 % |