The Bitcoin price has risen quickly in the past few months. The euphoria surrounding the approval of the Bitcoin spot ETF and the upcoming halving event, which only takes place every four years, are driving up the price. Recently, Bitcoin hit a new all-time high, rising above $73,000 for the first time.
But the high price also has a deterrent effect on some investors who have not yet bought Bitcoins. Buying a whole Bitcoin is unaffordable for many. Even with a good salary and a high savings rate, ever owning a Bitcoin currently seems out of reach for many.
SATS at Anycoin Direct: The affordable entry into Bitcoin
But does that mean you have to give up Bitcoin entirely? The answer is clearly: no. Buying Satoshis (SATS), the smallest unit of Bitcoin, can also be quite lucrative. The name SATS is based on the Bitcoin inventor Satoshi Nakamoto, whose true identity is still unknown to this day.
Some may not even know that even a part of Buy Bitcoin on crypto exchanges like Anycoin Direct leaves. This makes Bitcoin affordable for almost everyone, regardless of whether the price is $20,000, $70,000 or $100,000.
The value of Satoshis has already risen extremely
But how much is a Satoshi worth exactly? Anycoin Direct currently offers 20,000 SATS as an exclusive new customer bonus gives? Each Bitcoin consists of 100 million Satoshis. One SAT is 0.00000001 Bitcoin. At the current Bitcoin price of around $70,000, this corresponds to a value of 0.07 dollar cents.
That sounds like relatively little at first. However, the value of Satoshi has increased enormously in the past 15 years since the introduction of Bitcoin and may continue to do so in the future.
The incredible performance of BTC
All you have to do is keep in mind that a whole Bitcoin was once very cheap. In its early days, Bitcoins could be purchased for just a few cents. A transaction from 2010 has become popular. At that time, programmer Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins. What was only about $30 would be about $700 million today. If Hanyecz had kept the Bitcoins instead of spending them on lunch, he would be a very rich man today.
Even a few years later, Bitcoins were still relatively cheap. In 2015, less than 10 years ago, a whole Bitcoin cost less than $200. And even those who only bought a Bitcoin in 2020 had to spend less than $4,000 at the right time.
However, Bitcoin has now risen to many times this price. The examples show how much the cryptocurrency has gained in value in a relatively short period of time. And who would have thought, when Bitcoin still cost $1, that it would one day be traded for more than $70,000.
Will there soon be 2 pizzas for 10,000 satoshis?
Therefore, investors should not underestimate the potential of Satoshis as the smallest Bitcoin unit. When Bitcoin cost just $1, a SAT was worth so little that it was almost impossible to grasp. A calculator provides the cryptic formula 1E-8. A Satoshi with the current value of 0.07 cents, on the other hand, is much more tangible. And the 20,000 SATS, the investors at Anycoin Direct currently received when you purchase a cryptocurrency of your choice via the trading platform is already equivalent to 14 US dollars.
Does 14 US dollars still sound like little to you? Then remember the pizza example. The 20,000 SATS could buy you lunch today, just like the programmer did in 2010. But is that really a good idea?
$14 could become $1,000
If Bitcoin continues its performance over the past few years, the answer is clearly: no. Because the higher the Bitcoin price rises, the more a Satoshi will be worth in the future. Against the background of the ever-increasing shortage of new Bitcoins coming into circulation with each halving, as well as the overall sharp increase in demand from investors due to achievements such as the Spot ETF, the Bitcoin price could continue to rise massively.
Against this background, some analysts believe that a BTC price of $1 million is quite possible in the foreseeable future. If we assume that Bitcoin actually reaches this level, the value of a Satoshi would also increase massively. Secure 20,000 SATS today by registering for free with Anycoin Direct, these could then be worth $200. That would be a nice amount that you can receive without much effort.
And who knows how high Bitcoin can actually rise in the future. If Bitcoin even rises to $5 million, which some analysts also believe is possible, the bonus from Anycoin Direct would be worth the equivalent of $1,000.
Get 20,000 SATS as a bonus now at Anycoin Direct
This exclusive new customer bonus of 20,000 SATS for readers of BTC-Echo can be via this link claim. All you have to do is sign up on Anycoin Direct now and purchase a cryptocurrency of your choice.
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