Misconception about Bitcoin’s All-Time High Price on ChatGPT

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ChatGPT, the AI chatbot that emerged less than a year ago in the AI community, has been making waves due to its ability to provide precise answers regarding various questions and inquiries. However, it is worth noting that the virtual machine is not infallible and may produce some errors. In the latest developments, it appears that ChatGPT provided an incorrect answer when asked if Bitcoin had ever reached or exceeded $100,000. The chatbot responded that the primary digital asset not only breached the $100,000 mark, but it also exceeded it on multiple occasions in 2021 and 2022. This is confusing, given that the chatbot admitted its records ended in September 2021.

Despite this, ChatGPT is still a reliable source of information, particularly regarding Bitcoin’s operations, decentralization, mining, and other related topics. The cryptocurrency community has particular sentiments when it comes to the $100,000 milestone, as it represents the community’s aspirations and dreams for Bitcoin to reach six-digit numbers. Unfortunately, Bitcoin’s price chart tells the opposite story as the asset’s price dropped to under $17,000 by the end of 2022. Despite a positive start in 2023, with Bitcoin trading nearly 60% higher, there is still a long way to go before the asset hits the $100,000 mark.

ChatGPT has become a go-to chatbot for numerous questions and inquiries in the AI community. Despite some errors, it is a reliable source of information and provides real-life answers as it continues to readjust.

The cryptocurrency community has a particular affinity for the $100,000 milestone, hoping that Bitcoin will eventually break the six-digit territory.

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Twitter lasers with eyes and legacy investors praised Bitcoin for its numerous new ETF launches, large companies buying portions of the asset, with a string of positive news in late 2021. Unfortunately, the asset reached a peak of $69,000 in November 2021 before sliding down to under $17,000 by the close of the year. Despite a promising start in 2023, with nearly 60% in price improvement, Bitcoin is a long way from the $100,000 target.

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