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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 using a 5-year investment. This means that in 2023, the Bitcoin cost 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. 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 will be used more often by more individuals, i.e, the real time use case is going to be increased, which will help it become even more powerful.

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

*This cost prediction relies on the data accumulated 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 inspection procedure. 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 how Bitcoin works and the top places to purchase Bitcoin.First of all, need some background information concerning what Bitcoin is It's a digital currency used mainly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government.

You can even buy them with dollars or nearly any other currency.Bitcoin is extremely volatile and not a place to invest funds you cant lose. When there are some stories of people making a fortune on Bitcoin in 2017, many people lost as it dropped from its summit. Many 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, call the entire system a fraud prepared to fall.Still interested in getting a piece of this Bitcoin pie below are some pointers: When buying Bitcoin, you'll need a place to store them.

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But when transacting in Bitcoin, beware of big transfer fees 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 most important and most respected Bitcoin platform in the United States. It offers view publisher site both an exchange and wallet in one, making it one of the easiest places to start 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 max) from a bank account or Coinbase USD wallet. Purchases using a credit or debit card include on a 2.49 percent fixed fee.The Coinbase pocket is extremely secure, obtained through the Web app or mobile program, uses two-factor authentication and keeps redundant electronic and paper copies of information in safe deposit boxes and vaults around the world.

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

Robinhood began as a fee-free stock broker and recently expanded into the world of digital currencies. The very 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 statistics for another 15 currencies.

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Crypto accounts support market and restrict orders.Your coins are saved in the same Robinhood account you use to your own shares and share a login. Robinhood is mobile first and just recently added an Internet version, therefore it is best for individuals familiar 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 operates in 16 countries for cryptocurrency transactions, but it plans to include more in the future.