28 November 2013

Hater's in disbelief day: Bitcoin reaches $1,000 for the first time

A photo representation of the Bitcoin event, Hater's in disbelief day: Bitcoin reaches $1,000 for the first time

“Haters in Disbelief Day” is an informal term used by the Bitcoin community to describe the day when Bitcoin first reached a price that many skeptics thought was impossible. This term reflects the sentiment of disbelief among critics who doubted Bitcoin’s potential, only to see its value soar beyond expectations.

However, the specific day that “Haters in Disbelief Day” refers to is when Bitcoin first broke through the $1,000 mark. This occurred in November 2013, during a period of rapid growth and media attention. The rise to four digits was a watershed moment for Bitcoin, as it defied the numerous predictions of its imminent collapse and demonstrated the robustness and appeal of Bitcoin as an investment and a revolutionary technology.


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