2008 11 17 In this text, Satoshi clarifies that at some point the miners will ONLY have incentives for the fees for the transactions (which are included in a block, at that time the coinbase subsidy would be over, because it is reduced every four years, Halving)
“… In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I’m sure that in 20 years there will either be very large transaction volume or no volume”
by satoshi
February 14, 2010
https://bitcointalk.org/index.php?topic=48.msg329#msg329
Bitcoin Block Reward Halving Countdown Reward-Drop ETA date: 12 May 2020
Bitcoin halvings (less inflation over time): bitcointalk.org
2009/02/18 Reply by Satoshi Nakamoto – The coins given per block is cut in half every 4 years
2010/08/27 Bitcoin does NOT violate Mises’ Regression Theorem. satoshi
Bitcoin: A Peer-to-Peer Electronic Cash System
ABSTRACT
Bitcoin provides two incentives for miners: block rewards and transaction fees. The former accounts for the vast majority of miner revenues at the beginning of the system, but it is expected to transition to the latter as the block rewards dwindle.
On the instability of Bitcoin without the block reward
Difficulty readjustment details:
2016/04/01 What You Should Know About the Coming Bitcoin Halving. Amanda B. Johnson
2019/03/22 Modeling Bitcoin’s Value with Scarcity. “The model predicts a bitcoin market value of $1trn after next halving in May 2020, which translates in a bitcoin price of $55,000.”
2019/08/05 Valorando Bitcoin en función de su escasez. Javier Sz
2019/10/16 Bitstocks Podcast Ep. 14 Bitcoin Halvenings – The Rub of Halvening 2020. David Arakelian & Antonio Shillingford
2019/11/02 Analista PlanB: el débil dólar puede cambiar totalmente el modelo de existencias y flujos de Bitcoin.
“Tal como informó Cointelegraph, el modelo existencias y flujos exige que Bitcoin conserve un precio promedio de alrededor de USD 8,200 antes de su próximo evento de halving en mayo del 2020.
A partir de entonces, el modelo exige una carrera alcista dramática, con un precio de USD 100,000 para fines del 2021. PlanB volvió a confirmar su creencia en esta eventualidad en una entrevista el mes pasado”.
2019/11/10 Why Bitcoin’s Next ‘Halving’ May Not Pump the Price Like Last Time. “On Nov. 28, 2012, the initial reward of 50 new bitcoins was halved to 25, and since July 9, 2016, miners have been receiving 12.5 bitcoins for each block successfully processed. The next reduction, after which the network incentives will be 6.25 bitcoins per block, is expected in May 2020″.
2019/12/08 VIDEO “Craig Wright Fireside Chat in China: ‘We don’t want machines dictating our lives'”. Min. 42 Sección 8 del W.P., SPV+ Halving
The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12.5 to 6.25 coins.
2019/08/14 Bitcoin Fundamentals – Predicting the Future of BTC, BCH, and BSV. Liz Louw
“Stephen and Antonio then delve into an even more dramatic metric: the effect that the May 2020 Bitcoin block reward halving will have on mining profitability. With BSV’s capacity growth and application development boom, the project is on track to remaining profitable for miners while keeping individual transactions cheap and instant“.
#bitcoin drawdowns pic.twitter.com/9JmJZ0CUzC
— ChartsBTC (@ChartsBtc) February 10, 2020
2020 02 10 Halving: lo que debes saber sobre la reducción de la recompensa de minado en Bitcoin. Por Javier Bastardo
2020 03 27 Bitcoin Halving – The Bigger Picture & What to Expect. Bitstocks. Written by Liz Louw
Bitcoin Block Reward Halving Countdown Reward-Drop ETA date: 12 May 2020
Telegram Channel: Bitcoin Halving & Subsidy