Bitcoin Wednesday Amsterdam #148

Let's gather in Vondelpark for Bitcoin Wednesday #148 and explore these critical debates and chart the course ahead.

Bitcoin trades around $109,000-$114,000 following its all-time high of about $124,500 in August.

September 2025 delivered the most intense Bitcoin drama in nearly a decade. But the real story isn't just price—it's the fundamental battles being fought over Bitcoin's identity, structure, and future.

Is the 4-Year Halving Cycle Dead?

The next 100 days will reveal whether the halving cycle's traditional acceleration window (days 500-720 post-halving) still has power, or whether we've truly entered a new era where institutional flows, sovereign adoption, and macroeconomic policy dominate over Bitcoin's internal rhythms.

MicroStrategy was snubbed from the S&P 500 despite $70 billion in Bitcoin holdings. BlackRock's IBIT just became the world's largest Bitcoin options venue. And Bitcoin Core v30 has triggered the biggest governance crisis since Satoshi disappeared.

Join us in Vondelpark, outdoors at the Vondelfontein, the small monument near (see photo) on October 1st to decode what's next for Bitcoin's pivotal Q4.