Top 10 Twitter Reactions to Bitcoin $10K (And $11K)
EXCLUSIVE- The original cryptocurrency bitcoin finally hit a $10K valuation per coin earlier this morning, and it has since soared past $11K, and Twitter has some feelings.
The valuation comes after a steep climb by the cryptocurrency over the past year or so, with gains of about 1,000%, according to CoinDesk. Bitcoin’s price has been hotly watched over the past few days, when it began to shoot past $7,000, $8,000, and $9,000 valuations.
Bank Innovation has collected some of the best responses to this long-awaited milestone, a moment which could see bitcoin tip over into a ‘mainstream’ form of currency or asset.
There are some that would like to thank the Academy:
Bitcoin hits $10,000. ????????????
Congratulations to all the hodlers! This is by far the strongest Bitcoin bull run I’ve seen in 6+ years.
Now take some profit off the table. You deserve it for believing when no one else around you did. ???? pic.twitter.com/liukpusOZ8
— Charlie Lee [LTC] (@SatoshiLite) November 29, 2017
#Bitcoin passes $10,000! ???????????? It’s a huge milestone and definitely cause for celebrations! At the same time we should remember the long road we took to get here, the battles fought, and friends made. We all made this possible together! #UASF #No2x #Dragons KEEP HODLING ONWARDS! pic.twitter.com/u1sFx4FBdD
— Samson Mow (@Excellion) November 29, 2017
As well as some who just want to jump straight into celebrating:
We need a bitcoin 10k party in amsterdam.
— Jeffrey (@DaytradeJeffrey) November 29, 2017
Others are just making some fast and hard promises, to which: any color so long as it’s black, please:
If bitcoin keeps going up I’m buying the next 5 OWL spots for 1BTC
I’ll also be buying everyone a Tesla Roadster… And a yacht. Pls reply with what color you want ???????????? pic.twitter.com/Q7hQiBKwdm
— Stylosa (@unitlostgaming) November 29, 2017
Some seem happy to simply bask in the moment:
Bitcoin over $11k, LTC over $100, ETH passes $500 and DASH through $700.
It’s been a good day. Its been a great crypto month.
— Redeye (@PaulChaloner) November 29, 2017
…even as that moment slips by:
$11000 Bitcoin. Funny, feels like just this morning we had $10000 Bit- oh wait.
— nik (@daytradernik) November 29, 2017
Overheard in the newsroom: “Bitcoin has gone up $300 since I started writing this story”
This is fine
— Katie Martin (@katie_martin_fx) November 29, 2017
As the currency continues to climb, here’s a helpful mantra to remember:
I will never short Crypto again. I will never short Crypto again.I will never short Crypto again.I will never short Crypto again.I will never short Crypto again.
— Ran Neu-Ner (@cryptomanran) November 29, 2017
Of course, that doesn’t mean one should focus all of their energies (and money) onto bitcoin:
I’m kidding please don’t throw all of your money into bitcoin Jesus Christ people diversify
— Wu-Tang Financial (@Wu_Tang_Finance) November 29, 2017
Others just want to make sure newbies know just how much work it took to get here: the sacrifices are appreciated, Brett, although — a $1,688 Fastmail subscription? Really?
For all of ya gloating about the #Bitcoin price, it’s only got to this point because some of us actually used it to buy things in the real world in the past. Here’s my $850 pizza, $160 bondage tape & $1688 Fastmail subscription from a while ago. Show me your receipts, speculators pic.twitter.com/q0ntU5hR0I
— Brett Scott (@Suitpossum) November 28, 2017
Of course, every milestone has its skeptics: the currency’s rise, while much celebrated, has nonetheless stoked fears of a “bubble” similar to the dotcom boom — with some even stating that the crypto ‘should be outlawed.’
Bitcoin might already be showing signs of market exhaustion even as its price continues to rise, others have stated.
Currently, bitcoin is still rising, hovering at $11,162 as of 10:00 am this morning.
To learn more about the latest developments in cryptocurrency and blockchain, join us on March 5-6, 2018 at the Parc 55 in San Francisco for Bank Innovation 2018. Click here to register.
