Of course bitcoin can still drop below realized price ($53k), like it did in every bear market bottom.
But Oct $126k top was not the cycle top IMO. Based on stock-to-flow valuation, BTC could still go to $500k ($250k - $1m range) .. this cycle (2026-2028!
Patience
@_genk__@bitcoinshroom Thats a grail piece! Bitcoin shrooms represents the first ever inscribed collection on Bitcoin. Still these collectibles going for freeee. Crazy times π₯π₯π₯
The Ordinals and Runes ecosystem is tired of the "spam" gaslighting. Decentralized finance is not "spam".
We use BTC as money every single day and have contributed over half a billion dollars in transaction fees to strengthen Bitcoin's security. In fact over half of all Bitcoin transactions in the past month were Ordinals and Runes.
We are the ones who continue to shout "not your keys not your coins" while the "Bitcoin Maxis" push their paper Bitcoin products.
The $DOG Army will not sit idly by while transaction censorship is normalized on Bitcoin.
We will defend the principles that have always set Bitcoin apart, such as open access, censorship resistance, and neutrality at the base layer.
Defend permissionless blockspace. Reject BIP-110.