Bitcoin Soars Past $100,000 and Sparks a Frenzy
This milestone has been a long time coming—15 years, to be exact—ever since the mysterious Satoshi Nakamoto created the original cryptocurrency.
As soon as the news dropped, the social media platform X lit up with reactions from all corners of the crypto world.
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CEO Brian Armstrong joined the celebration, calling it “Happy Bitcoin $100,000 Day!” and reminding everyone why Bitcoin has been the best investment for the past 12 years.
Michael Saylor, the MicroStrategy boss who’s been a Bitcoin supporter, promised a full-blown $100K party. He has always been loud and proud about Bitcoin, especially for businesses.
Others in the crypto community are already looking ahead. Julian Fahrer, co-founder of Apollo, predicted, “NEXT STOP: $1 MILLION BITCOIN”, even sharing a meme of Bitcoin as a grim reaper knocking on the “$1 million” door.
Even politicians got in on the fun. Senator Cynthia Lummis, who pitched the idea of a national Bitcoin reserve, cheered on the milestone with the Journey’s lyrics: “Don’t stop ₿elieving”.
And, of course, celebrities could not resist chiming in. Paris Hilton kept it short, saying, “Next stop $111,111 🚀✨”. She’s clearly on board for the ride.
However, not everyone was throwing confetti. Peter Schiff, who has been against Bitcoin, didn’t hold back. He claimed the price only hit $100,000 because of political favors and government meddling, saying, “What couldn’t be done in a free market was achieved through the cohesive power of the state”.
Schiff also said that Bitcoin would never hit $100,000 back in 2019. But, now that it actually happened, Binance
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’s ex-CEO, Changpeng “CZ” Zhao, shut that down with a snappy comeback: “Don’t dream. Keep building!”.
One of the funniest posts came from @greg, who wrote, “December 4, 2024. Dear Diary, today Bitcoin hit $100,000. Love, greg”. It was short, sweet, and relatable.
Bitcoin’s $100K milestone isn’t the only thing making waves. Just recently, the crypto community had a lot to say about Gary Gensler’s exit from the SEC. What did they have to say? Read the full story.
