Bitcoin Surpassing $100,000: An Enormous Inflection Point
Crossing the $100,000 mark would become one of the most significant gains Bitcoin has ever had in the history of the industry, both as a digital asset and as an innovative financial technology that will change the world. Besides serving as basic pricing for Bitcoin's official legitimization as a store of value, this moment invites further respect in the vast economic world.
At this price, faith in Bitcoin as "digital gold" would have already sunk in, as a hedge against inflation and economic uncertainty. In addition, institutional investors, corporations, and governments would and should co-support the invigoration of acceptance and investment in Bitcoin, conceiving this mark as a thickening testament for belief. Retail participation would, for sure, come along and establish it as a mainstream asset class.
What $100,000 represents, apart from its value, is the change of technology and society. It testifies to the success of blockchain technology, the growing interest of decentralized finance, and what is likely to dramatically alter in people's perception of money. The area will also be an incubator for new concepts in the field of cryptocurrency infrastructure-from regulations, decentralized applications, and financial products.
This would also bring even more scrutiny in itself. Issues concerning energy usage, market volatility, and regulatory issues will, in all likelihood, be given a larger emphasis. How these will be addressed as a whole, and whether such issues will allow Bitcoin's robustness to stand above the threshold, will determine Bitcoin's height and longevity in the marketplace.
From $100,000 onwards, Bitcoin would be much more than a number; it would take at least two or three more centuries.
~ Regards,
VEIGO (Community Mod)
It is true that this is a biggest milestone in the crypto market but I believe that for Bitcoin this is just the beginning and we are going to see a lot more happening in the market specifically we'll talk about the Bitcoin price and looking at how things are happening and overall adoption.
Thanks
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Truly $100k for one Bitcoin is truly enormous but many are calling for $200k I really wonder how it will feel then, this truly is something different from everything else we have seen.