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

Bitcoin will get to the $50k mark in the year 2023, which will take the crypto market to a complete different height altogether. In accordance with the predictions and analysis, Bitcoin remains securely to number one position, without any close contender. Gradually, Bitcoin is going to 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 people, i.e, the real-time use case is going to be increased, which will 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 go! .

*This cost prediction relies on the data accumulated from several 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 might receive commissions from purchases made after visiting links within our content. Learn more about our inspection 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 the best places to buy Bitcoin.First of all, need some background information concerning what Bitcoin is It's an electronic currency used mostly for online purchases and within an investment, albeit an extremely risky one. It's not sponsored by any government.

You can even purchase them with dollars or nearly any other currency.Bitcoin is extremely volatile and not a place 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 fell from its peak. Some people think it's 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 piece of the Bitcoin pie Here are some pointers: When buying Bitcoin, you will need somewhere to store them.

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

Coinbase is the most important and most respected Bitcoin platform in the United States. It provides both an exchange and wallet in one, making it one of the easiest 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 with a credit or debit card add on a 2.49 percent fixed fee.The Coinbase wallet is very protected, obtained via the internet app or mobile app, uses two-factor authentication and keeps redundant digital 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 pioneer in digital currencies in the United States. .

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

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Crypto accounts support marketplace and restrict orders.Your coins are stored in the same Robinhood account you use for your stocks and discuss a login. Robinhood is cellular first and only recently added an Internet version, so it's ideal for people familiar managing money from their phone or tablet computer. While you may need to login on the small screen to get your account, you cant beat free!The biggest downside is that Robinhood only operates in 16 states for cryptocurrency transactions, but it plans to include more in the future.