they seem to think that this thing is on a death march to 100 K. I'm not sure whether that price is realistic or not in the year, but I will say that we're going to get to a tipping point where everybody really talks about this. I still don't think we're there yet. I think we're just at the beginning.View on YouTube
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Price target of $100,000+ was reached and exceeded. Multiple independent sources show Bitcoin first moved back above the $100,000 level in early January 2025, trading around $101k–$102k and higher, with mainstream outlets (e.g., Investopedia and Forbes) reporting that BTC “surged past” or “surpassed” $100,000 on January 6–7 and again on January 15, 2025. (investopedia.com) Later in the year, Bitcoin set new all‑time highs around $126k in early October 2025, confirming a sustained move well beyond the $100k level rather than a brief spike. (reuters.com) This aligns with Chamath’s framing that the 2024 bull phase was “just at the beginning” of a larger move toward $100k rather than a complete cycle top.
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The broader bull phase from 2024 clearly carried into the move to $100k+. Articles describing the 2025 price action explicitly connect the six‑figure prices to the earlier 2024–25 bull run, with commentary that Bitcoin had already exceeded prior highs in late 2024 and then advanced into the $100k+ range in early 2025, rather than entering a prolonged multi‑year bear market in between. (forbes.com) That structure matches the idea that the early‑2024 strength was the “beginning” of a larger up‑leg culminating in (and eventually surpassing) $100k.
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Evidence of a social/institutional “tipping point” and mainstream discussion. By mid‑ to late‑2025, U.S. spot Bitcoin ETFs had attracted tens of billions of dollars in net inflows and grown into some of the largest ETFs in the world, with one BlackRock product alone reaching tens of billions in assets and ranking among top ETFs by AUM. (markets.chroniclejournal.com) Coverage in mainstream financial media and institutional‑flow reports explicitly characterizes this as Bitcoin “going mainstream” and notes that ETF inflows and new highs around $120k–$126k marked a “critical inflection point” where Bitcoin is treated as a mainstream asset class and a cornerstone in institutional portfolios, not a fringe speculation. (ainvest.com) While “everybody really talks about this” is inherently qualitative, the combination of six‑figure prices, constant front‑page financial coverage, record ETF inflows, and broad institutional adoption is strong evidence that the social tipping point Chamath described has effectively occurred.
Given that Bitcoin has not only reached but significantly exceeded $100,000 within the same overarching bull cycle that began in 2024, and that it has clearly crossed into mainstream institutional and media focus, the prediction is best classified as right.