HISTORY: Twelve years ago, Bitcoin first surpassed the $100 mark.
On April 1, 2013, Bitcoin (BTC) reached the significant milestone of $100. This moment was met with a flurry of skepticism across various online forums and media outlets. Many people expressed doubts about the cryptocurrency's legitimacy and future potential, with comments like, “It’s a scam,” “It won’t rise any further,” and “Who really needs Bitcoin?”
Looking back now, those statements appear almost comical, especially considering how far Bitcoin has come since then. The initial skepticism surrounding Bitcoin has transformed into widespread acceptance and recognition of its value, making those early criticisms seem misguided in retrospect.