Missing out on Bitcoin in 2011 is one of the biggest regrets for those of us old enough to remember when the legendary coin could be bought for just $1. Even at a current price of $25,800, the ROI on this investment would be staggering, and that is not even taking into account BTC’s all-time high of almost $67,000.
Fortunately, now there is a chance to cure FOMO with a new cryptocurrency called Bitcoin BSC (BTCBSC), a token modeled after Bitcoin in April 2011. Buying it will grant you an opportunity to recreate Bitcoin’s success and enjoy a massive windfall once BTCBSC hits the open market. The one issue investors face is timing, as Bitcoin BSC’s presale is firing on all cylinders, having raised more than $900k in less than a week. At this rate, it will be over before many of them have a chance to buy new tokens and get in on the ground floor of this incredible project with sky-high potential.
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A Dream of Grabbing Bitcoin at $1
In April 2011, Bitcoin reached parity with the US dollar for the first time. It was a tremendous achievement that sounded an alarm bell across the world’s financial markets. Overnight, BTC went from an Internet fad to a legitimate financial instrument. Major banking institutions suddenly took an interest in Satoshi Nakamoto’s brainchild, unsure how to deal with it.
But that was only the beginning of Bitcoin’s success. By the end of the month, it was selling at $2.88. Two years later, it broke above $100 for the first time and the rest is history. That is why that moment in April 2011 was so significant. It represents a point in Bitcoin’s history when it became a relevant factor in all of our lives and yet was still affordable enough that a small $100 investment was enough to make you a millionaire just a couple of years later. This is why the creators of Bitcoin BSC chose that moment as a starting point for their token as they seek to replicate the success of the world’s oldest cryptocurrency.
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Bitcoin BSC Combines Bitcoin’s Legacy with Advanced Ethereum Features
Having a similar name is not enough for a token to become a new Bitcoin. The BTCBSC developers are well aware of this and to increase the value of their token, they decided to build it on a more modern platform. Bitcoin BSC is a BEP-20 token, built on Binance Smart Chain, which is a derivative of Ethereum blockchain.
A much more modern platform than the original Bitcoin blockchain, Binance Smart Chain offers advanced features that allow users to unlock the full potential of blockchain technology. One of the most popular ones is staking, offering an excellent source of passive income to all holders who opt to stake their tokens.
Staking is a mechanism similar to interest a bank pays its clients, but more lucrative. The holders who stake their BTCBSC tokens will receive rewards equal to 69% of its supply, currently standing at more than 14 million tokens. The extremely generous staking offer is designed to encourage investors to hold on to their tokens for as long as possible, creating a constant demand on the market and driving the price upward.
With Bitcoin currently in a slump, the new token offers an excellent way for investors to diversify their portfolios and hedge their bets with a cryptocurrency threatening to outperform the market.
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Improved Bitcoin is Blazing Through the Presale
Bitcoin BSC’s presale was launched less than a week ago and it has already raised more than $900,000 in that time. At this rate, it is on track to become one of the fastest presales of the year. The presale’s goal is set at $3.96 million, so it is easy to see why investors are scrambling to buy as many BTCBSC tokens as possible before the entire supply allocated for presale is gone. With an estimated end of presale just weeks away, Bitcoin BSC is quickly becoming a high-demand asset.
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The developers have allocated 6,125,000 tokens for presale, which puts the BTCBSC market cap at $6,063,750. The number of tokens isn’t chosen randomly, though. It equals the total number of Bitcoin tokens in circulation in April 2011, representing another homage to the OG crypto. Judging by the speed with which they are dwindling, developers could have easily offered twice the amount and it would still sell out in record time.
The importance of getting in on the ground floor of a successful crypto project can’t be overstated and the clock is ticking away on BTCBSC. With limited time remaining before the token hits crypto exchanges and its price explodes, more and more investors are rushing to secure their tokens, further speeding up the pace of the presale. In the end, those who hesitate will be left empty-handed, completely missing their chance to grab new Bitcoin for only $1.
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BTCBSC Offers A Modern Take on Bitcoin
Staking is not the only advantage Binance Snart Chain provides over the aging Bitcoin blockchain. As more and more advanced technologies are created, Bitcoin’s age becomes a progressively bigger obstacle for scaling and introducing advanced features, nowadays common in most other crypto projects.
One of the more crippling is mining. Utilizing Proof-of-Stake (PoS) mechanics, BTCBSC manages to completely avoid the power-consuming mining process, one of the biggest sources of criticism of Bitcoin. BTC uses a much older and ineffective Proof-of-Work (PoW) concept, forcing users to employ mining and waste huge amounts of electricity in the process. The process is so deeply embedded in Bitcoin culture that it is hard to imagine getting rid of it, even if it is to become technically feasible. On this front, BTCBSC scores a clear victory that will make it easier for the promising new token to achieve success on the market.
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Conclusion
Grabbing Bitcoin for only $1 is probably among the first things a time traveler to the past would do, making sure they will become a crypto millionaire in less than five years. Fortunately for us who don’t have a time machine at their disposal, there is an opportunity to do it in a much easier way. All you have to do is head to the Bitcoin BSC site and buy as many tokens as you can, then lay back and wait for its upcoming moonshot once it starts appearing on crypto exchanges.
