Bitcoin’s surge to $100,000 has sparked a wave of excitement, with reactions pouring in from crypto enthusiasts, industry leaders, and skeptics alike.
This milestone is being hailed as a pivotal moment in Bitcoin’s journey toward mass adoption and mainstream recognition, as the cryptocurrency continues to challenge traditional financial systems.
Party plans and predictions
MicroStrategy CEO Michael Saylor, one of Bitcoin’s most vocal proponents, wasted no time announcing plans to celebrate. In a nod to his unwavering belief in Bitcoin, Saylor shared his excitement:
There is going to be a 100K Party. 🚀https://t.co/Vo52KQZRe5
— Michael Saylor⚡️ (@saylor) December 5, 2024
Known for steering MicroStrategy’s reserves entirely into Bitcoin, Saylor’s tweet hints at the joy—and perhaps relief—of seeing his conviction validated.
Meanwhile, Samson Mow, CEO of JAN3, shared a confident take on Bitcoin’s future trajectory:
(FOMO, or "Fear of Missing Out," refers to the anxiety many feel when they think they might miss a lucrative opportunity, which often happens when Bitcoin hits new price milestones.)A wise man once said, “after we hit $100k, it’s smooth sailing to $1.0M.”
Global #Bitcoin FOMO begins now. Plan accordingly. pic.twitter.com/ZviNWEWFLy— Samson Mow (@Excellion) December 5, 2024
Reflecting on value
Brian Armstrong, CEO of Coinbase, used the milestone to highlight Bitcoin’s historic outperformance against fiat currencies:
If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.
If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.
Bitcoin is the best performing asset of the last 12 years, and it's still early… pic.twitter.com/dvBgX5K7or— Brian Armstrong (@brian_armstrong) December 5, 2024
Community contests and overnight surprises
Kris Marszalek, CEO of Crypto.com, took the opportunity to engage the community through a one-Bitcoin giveaway. Followers eagerly awaited the announcement of the winner as Kris tweeted:
Time to pick the winner! Our team is looking through the tweets below.
— Kris | Crypto.com (@kris) December 5, 2024
For some, the milestone arrived in the middle of the night. Jimmy Otis, a Bitcoin enthusiast, reassured followers that $100K might soon become a regular sight:
Don't worry. It will hit $100K again.
— Jimmy Otis (@james_j_otis) December 5, 2024
User @UnmaskedThings ensured no one missed the historic moment:
Missed the exact moment #Bitcoin hit $100K? Don’t worry, I’ve got you covered: pic.twitter.com/DvQAHQPoPh
— Unmasked Things (@unmaskedthings) December 5, 2024
Personal reflections
Meanwhile, @BKruthanooch reflected on a personal prediction:
I made a voice recording in 2022 saying that BTC would reach 100k to my wife. She´s a banker and has always been skeptical of this new asset class. I thought i would gloat but all i feel is just a sense of calm.. Won´t even mention it
— KRUT (@BKruthanooch) December 5, 2024
The milestone also stirred mixed feelings for some. User @jaquiefff shared a humorous take:
When Bitcoin hits 100k but 99% of your portfolio are in memes pic.twitter.com/rls2XIuzcT
— Jaquief (@jaquiefff) December 5, 2024
For artist @Simo_eth, the milestone marked a celebratory moment:
100k 🍕🍕🍕🍕🍕🍕today we celebrate
— Luis Simo (@simo_eth) December 5, 2024
James Chadwick offered a more reflective perspective on Bitcoin’s adoption, especially in Australia:
Massive milestone mate.
— James Chadwick (@3175_4300) December 5, 2024
However, (In Australia) most boomers can’t comprehend what Bitcoin is/represents, and they don’t trust anything else except property and banks.
But let’s hope they jump on board. Bring in the next phase 💪🏽
A milestone to remember
As Bitcoin crosses the $100,000 milestone, the excitement is palpable across the crypto community. But what's next? Will it reach $150K, $200K, or even $1M? With Bitcoin's rising price, more people are feeling the FOMO—the urge to invest before the next surge. As global interest continues to grow, Bitcoin’s journey is far from over.
The real question is: What’s the next milestone the crypto world will rally around?