CandleFocus The Ultimate 'I Told You So': Community Celebrates $100K Bitcoin Milestone
2024-12-06
Author: Content Editor
Bitcoin has surpassed the $100k mark for the first time in history, defying the doubts of skeptics and the challenges of bear markets. The achievement was celebrated by the bitcoin community, who saw it as validation and proof that the cryptocurrency is still in its early stages. Former Binance CEO Changpeng Zhao mocked prominent bitcoin critic Peter Schiff, who had claimed that bitcoin would never reach such a price level. Brian Armstrong, co-founder of Coinbase, emphasized the importance of saving in bitcoin and hailed it as a global reserve asset. Galaxy Investments CEO Michael Novogratz highlighted the community's role in driving the success of bitcoin, while CEO of the Satoshi Action Fund Dennis Porter stressed that bitcoin has room for even further growth. Even President-Elect Trump joined in the celebration, attributing the achievement to his own contribution. Bitcoin's increased adoption and recognition as an investment option and international reserve asset indicate its growing significance in the financial world.
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