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Bitcoin price prediction suggests that the Bitcoin price is up for a long-term 678.833382percent in the BTC cost value with a 5-year investment. This means that in 2023, the Bitcoin price is forecasted to stand at $50044.6.

Bitcoin will get to the $50k mark in the year 2023, which will choose the crypto market to a complete different height altogether. In accordance with the predictions and analysis, Bitcoin stays firmly to number one position, without any close contender. Gradually, Bitcoin will be seen more as a store of value, along with it being an alternative currency. .

By 2023, Bitcoin is going to be used more often by more people, i.e, the more real time use case will be increased, which can make it even more powerful.

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CoinSwitch.co is the worlds biggest cryptocurrency exchange aggregator which supports 300+ coins and above 45,000+ pairs.  It provides an easier way of trading through exchanges such as KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on these. If you're interested in buying cryptos, do give it a try! .

*This cost prediction relies on the information collected from various sources. This should not be considered as an investing parameter and consumer must do their own research before investing.

We are committed to researching, testing, and recommending the best products. We might receive commissions from purchases made after visiting links within our content. Learn more about our review process. Bitcoin took the world by storm as it rocketed from obscurity to nearly $20,000 in value per coin in 2017.

Follow along to learn more about how Bitcoin works and also the top places to purchase Bitcoin.First of all, need some background information concerning what Bitcoin is It is a digital currency used mainly for online purchases and as an investment, albeit an extremely risky one. It's not sponsored by any government.

You can even purchase them dollars or nearly any other currency.Bitcoin is highly volatile and not a place to invest funds you cant lose. While there are some stories of people making a fortune on Bitcoin in 2017, many people lost as it fell from its peak. Some people think it is going to be worth $1 million or more other while others, including Warren Buffett and JP Morgan Chase CEO Jamie Dimon, call the entire system a fraud ready to fall.Still interested in getting a piece of the Bitcoin pie Here are some pointers: When buying Bitcoin, you'll need somewhere to store them.

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But when transacting in Bitcoin, beware of big transfer prices when going back and forth between coins and other currencies and even transferring to additional electronic wallets.So, where can you purchase Bitcoin Read on to find the very best places to pick up Bitcoin now. .

Coinbase is the biggest and most respected Bitcoin platform in the United States. It provides both an exchange and wallet in one, making it one of the simplest places to begin with Bitcoin. Coinbase additionally supports Bitcoin Cash, Ethereum and Litecoin.Once you sign up and connect your bank account, you can easily transfer funds in and out of your account and convert them to Bitcoin and back to dollars at will.

Transactions ($1 min, $50 maximum ) by a bank account or Coinbase USD wallet. Purchases using a credit or debit card add on a 2.49 percent fixed fee.The Coinbase wallet is very secure, obtained via the Web app or mobile app, utilizes two-factor authentication and keeps redundant digital and paper backups of data in safe deposit boxes and vaults around the globe.

Further, Coinbase retains 98 percent of consumer currencies offline to keep them protected from malicious hackers. This is further evidence to why Coinbase is a leader in digital currencies in the United States. .

Robinhood started as a fee-free stock get more brokerage and recently expanded into the world of electronic currencies. The best part: No charges! You can buy and sell Bitcoin and other electronic currencies entirely fee-free on this platform. Since February 2018, Robinhood supports Bitcoin and Ethereum trades and market statistics for another 15 currencies.

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Crypto accounts support market and restrict orders.Your coins are stored in the exact same Robinhood account you use to your own stocks and discuss a login. Robinhood is cellular first and only recently added an Internet version, so it is ideal for individuals comfortable managing money from their phone or tablet computer. While you might need to login on the little screen to access your account, you cant beat free!The largest downside is that Robinhood only works in 16 states for cryptocurrency trades, but it plans to add more in the future.