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Bitcoin price prediction implies 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 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 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 will be increased, which will help it become even stronger.

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CoinSwitch.co is the worlds largest cryptocurrency exchange aggregator which supports 300+ coins and above 45,000+ pairs.  It gives 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 are interested in buying cryptos, do give it a try! .

*This price prediction is based on the information accumulated from several 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 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 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 highly 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 because it fell from its summit. Many people 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 ready to fall.Still interested in getting a piece of this Bitcoin pie Here are a few pointers: When buying Bitcoin, you will need a place to store them.

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But when transacting in Bitcoin, beware of large transfer fees when going back and forth between coins and other currencies and even transferring to additional digital wallets.So, where can you buy Bitcoin Read on to find the best places to pick up Bitcoin today. .

Coinbase is the most important and most respected Bitcoin system in the United States. It provides both an exchange and wallet in one, making it one of the simplest 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 recommended you read percent fixed fee.The Coinbase wallet is very secure, accessed via the internet app or mobile program, uses two-factor authentication and keeps redundant digital and paper backups of data 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 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 electronic 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 limit orders.Your coins Homepage are saved in the same Robinhood account you use to your own shares and share a login. Robinhood is mobile first and only recently added an Internet version, therefore it's ideal for people comfortable managing money from their phone or tablet. While you might need to login on the little screen to access your account, you cant beat free!The biggest downside is that Robinhood only works in 16 countries for cryptocurrency transactions, but it plans to include more in the future.