"The limitations of BIP-110 can be circumvented, but the damage it inflicts on innovation is unavoidable. Bitcoin's strength lies in its reliable commitment to neutral, predictable rules. BIP-110 trades this commitment, along with Bitcoin's future upgrade potential, for a spam filter that is fundamentally incapable of filtering spam. This is not cleanup, it's degradation." — @bittyrunes post

Bitcoin has held above $70,000... but the 200-week moving average is hovering below, around $60,000 (arithmetic moving average) and around $50,000 (geometric moving average). Bitcoin has broken below these moving averages in every major bear market. Is history repeating itself... or is this time different? 🔥📉 Live Charts + Data:

Either the inventory-to-flow ratio model has completely failed... ...or Bitcoin is currently severely undervalued 🚀 Time will tell. Please do your own research! Real-time charts and data download links are here 👇

🚨Bitcoin price has dropped to $67,000… now below the two-year moving average (blue: $89,000) and the five-month moving average (yellow: $80,000)! Historically, the price has often fallen below the overall moving average (black: $54,000) before a significant rebound… but will this time be different? 😱 Is this a buying opportunity or an impending crash? Leave your thoughts in the comments below! 👇

🚨 Bitcoin's price has fallen to $67,000... but the S2F model predicts an average price of $500,000 for this cycle (2024-2028)! 📈 Is Bitcoin severely undervalued and a perfect buying opportunity? Or has the S2F model completely failed? 🤔 Do you think it's a bull market or a bull market?

Bitcoin closed at $66,985 in February, below its all-time high for 2021. It's near the 200-week moving average ($58,000, black line) and the actual trading price ($54,000, gray line). The Relative Strength Index (RSI) is <45 (blue line).

My comprehensive analysis of BIP-110: * Why it was reckless * Why it was irrational * Why it was doomed to failure * My predictions for the future * My follow-up suggestions

We must protect the tolerant minority, because it is they who give Bitcoin its censorship resistance. Without censorship resistance, Bitcoin is essentially no different from an ETF. Filtering forks are an attack on the tolerant minority. They will ultimately fail, but be careful not to jeopardize your reputation with them.

@hodlonaut's insistence on forking the issue when there is no consensus is highly controversial. The shortcomings and deficiencies of BIP have been explained repeatedly, such as freezing UTXOs, disabling features, the 55% activation rate, tagging dates, and filters, but supporters seem to neither understand nor listen, or simply don't care.

🔵 Works like a clock