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

Bitcoin will touch the 50k mark in the year 2023, which will choose the crypto market to a whole different height altogether. As per the predictions and analysis, Bitcoin remains firmly to number one position, without any close contender. Gradually, Bitcoin is going to probably be seen more as a store of value, along with it being an alternative currency. .

By 2023, Bitcoin will be utilized more often by more individuals, i.e, the more real-time use case is going to be increased, which can help it become even stronger.

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CoinSwitch.co is the worlds biggest cryptocurrency exchange aggregator that supports 300+ coins and above 45,000+ pairs.  It gives an easier method 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 go! .

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

We're committed to researching, testing, and recommending the best products. We may 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 an electronic currency used mostly for online purchases and as an investment, albeit a very risky one. It's not sponsored by any government.

You can also purchase them with dollars or nearly any other currency.Bitcoin is extremely volatile and not somewhere to invest funds you cant lose. While there are a number of stories of people making a fortune on Bitcoin in 2017, many people lost as it dropped from its summit. Some people today think it is going to be worth $1 million or more while others, including Warren Buffett and JP Morgan Chase CEO Jamie Dimon, telephone the entire system a fraud ready to fall.Still interested in getting a part of this Bitcoin pie below 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 other digital wallets.So, where can you purchase Bitcoin Read on to find the best places to pick up Bitcoin today. .

Coinbase is the biggest and most respected Bitcoin platform in the United States. It offers both an exchange and wallet in one, making it one of the easiest places to start with Bitcoin. Coinbase also 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 max) from a bank account or Coinbase USD index wallet. Purchases using a credit or debit card add on a 2.49 percent fixed fee.The Coinbase pocket is extremely protected, obtained through the Web app or mobile app, utilizes two-factor authentication and keeps redundant digital and paper backups of information in safe deposit boxes and vaults around the globe.

Further, Coinbase retains 98 percent of customer currencies offline to keep them protected from malicious hackers. This is additional evidence to why Coinbase is a pioneer in electronic currencies in the United States. .

Robinhood began as a fee-free stock broker and recently expanded into the world of electronic currencies. The best part: No fees! You can purchase and sell Bitcoin and other digital currencies entirely fee-free on this platform. Since February 2018, Robinhood supports Bitcoin and Ethereum trades and market data for another 15 currencies.

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Crypto accounts support market and limit orders.Your coins are saved in the exact same Robinhood account you use to your own shares and share a login. Robinhood is mobile first and just recently added a Web version, so it's ideal for people familiar managing money from their phone or tablet. Even though you might need to login on the small 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 long run.