This milestone has been a long time coming (15 years, to be exact) since the mysterious Satoshi Nakamoto created the original cryptocurrency.
As soon as the news came out, the social media platform X lit up with reactions from all corners of the crypto world.
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10.22 billion dollars
CEO Brian Armstrong joined the celebration and wished “Happy $100,000 Bitcoin Day!” and remind everyone why Bitcoin has been the best investment for the last 12 years.
Michael TaylorThe head of MicroStrategy who has been a supporter of Bitcoin, promised a full blown $100,000 party. It has always been loud and proud about Bitcoin, especially for businesses.
Other members of the crypto community are already looking to the future. Julian Driverco-founder of Apollo, predicted: “NEXT STOP: 1 MILLION DOLLAR BITCOIN,” even sharing a Bitcoin meme as a grim reaper knocking on the million-dollar door.
Even politicians joined in the fun. Senator Cynthia Lummis, who proposed the idea of a national Bitcoin reserve, applauded the milestone with the JourneyLyrics of: “Don’t stop believing.”
And of course, celebrities couldn’t resist chiming in. Paris Hilton He was brief and said, “Next stop $111,111 🚀✨.” She is clearly willing to take the journey.
However, not everyone was throwing confetti. Peter Schiffwho has been against Bitcoin, did not hold back. He claimed that the price only reached $100,000 due to political favors and government meddling, saying: “What could not be done in a free market was achieved by the cohesive power of the State.”
Schiff also said that Bitcoin would never reach $100,000 in 2019. But, now that it’s actually happened, Binance
41.35 billion dollars
Former Changpeng “CZ” Zhao CEO closed that out with a snappy response: “Don’t dream. Keep building!”
One of the funniest posts came from an X user, Gregwho wrote: “December 4, 2024. Dear diary, today bitcoin reach $100,000. Love, Greg.” It was short, sweet, and relatable.
Bitcoin’s $100,000 milestone isn’t the only thing making waves. Recently, the crypto community reacted to Gary Gensler’s departure from the SEC. What did they have to say? Read the full story.
