- Bitcoin historically reached $1,000 and $10,000 milestones on November 28 in 2013 and 2017, creating a pattern of significance.
- CEO Robert Leshner claims Bitcoin hitting $100,000 today would convince him to believe in the simulation theory.
- Polymarket bettors estimate a 21% chance of Bitcoin reaching $100,000 this November despite its current position near $95,505.
Bitcoin, the leading cryptocurrency, is nearing the $100,000 mark, trading at $95,505. This significant moment aligns with past milestones achieved on November 28. In 2013, Bitcoin hit $1,000 on this date, followed by $10,000 in 2017. Today, it requires just a 4% increase to reach six figures, fueling excitement and speculation in the crypto community.
Simulation theory enters the conversation
Superstate CEO Robert Leshner added an unusual twist to the event by linking it to simulation theory. He expressed skepticism about the concept, saying, “I don’t believe in Simulation Theory, but if it happens, that would convince me.” The theory, introduced by Oxford philosopher Nick Bostrom in 2003, suggests that advanced civilizations could simulate realities indistinguishable from the base reality, sparking debates over our existence.
Bitcoin’s historical milestones on November 28 lend weight to the theory for some enthusiasts. The repetition of these events on the same date has led some to speculate that this could be more than a coincidence. The cryptocurrency’s consistent upward trajectory, coinciding with technological advancements such as virtual reality and artificial intelligence, adds further intrigue.
While the possibility of Bitcoin hitting $100,000 today captivates many, Polymarket bettors remain skeptical, assigning only a 21% chance of this happening within November. The current trading price, however, puts the milestone within an achievable range, keeping the market on edge.
A Technological and philosophical intersection
As devices like Apple’s Vision Pro push the boundaries of virtual and augmented reality, discussions about simulation theory have gained momentum. Proponents argue that the absence of concrete evidence for the theory might support the hypothesis, as a simulation might intentionally obscure such proof.
If Bitcoin reaches $100,000, it would mark another landmark moment for the cryptocurrency and potentially reinforce the connection to November 28. Beyond its financial implications, this event could deepen the philosophical discussions surrounding technology, reality, and human perception.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.