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Bitcoin price prediction implies that the Bitcoin cost is up for a long-term 678.833382% 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 take the crypto market to a whole different height altogether. As per the predictions and analysis, Bitcoin stays securely 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 will be utilized more often by more individuals, 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 largest cryptocurrency exchange aggregator that supports 300+ coins and over 45,000+ pairs.  It provides an easier way of trading through exchanges like KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on them. If you're interested in buying cryptos, do give it a go! .

*This price prediction is based on the data accumulated from several sources. This should not be considered as an investing parameter and consumer must do their own research before investing.

We're devoted 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 since it rocketed from obscurity to nearly $20,000 in value per coin in 2017.

Follow along to learn more about the way Bitcoin works and 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 even buy them with 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 read more 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 will need a place 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 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) 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, accessed through the internet app or mobile program, uses two-factor authentication and retains redundant electronic and paper copies of information in safe deposit boxes and vaults around the world.

Further, Coinbase holds 98 percent of customer currencies offline to keep them safe from malicious hackers. This is further evidence to why Coinbase is a leader in electronic currencies in the United States. .

Robinhood began as a fee-free Look At This stock broker and recently expanded into the world of electronic currencies. The best part: No fees! You can buy and sell Bitcoin and other digital currencies completely fee-free on this stage. Since February 2018, Robinhood supports Bitcoin and Ethereum transactions and market statistics for another 15 currencies.

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Crypto accounts support market and limit orders.Your coins are stored in the same Robinhood account you use for your shares and discuss a login. Robinhood is cellular first and only recently added an Internet version, therefore it is best for people comfortable managing money from their phone or tablet computer. Even though you might need to login on the little screen to get your account, you cant beat free!The largest downside is that Robinhood only works in 16 countries for cryptocurrency trades, but it plans to include more in the long run.