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Bitcoin price prediction implies that the Bitcoin price 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 whole different height altogether. In accordance with the predictions and analysis, Bitcoin remains securely to number one position, without any close contender. Gradually, Bitcoin will probably be seen more as a store of value, along with it being an alternative currency. .

By 2023, Bitcoin is going to be used more often by more people, i.e, the more real-time use case will be increased, which will make it 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 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 try! .

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

We are 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 inspection 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 how Bitcoin works and the best places to purchase Bitcoin.First of all, need some background information about what Bitcoin is It is an electronic currency used mostly for online purchases and within an investment, albeit a very risky one. It is not sponsored by any government.

You can even buy them 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 as it dropped from its peak. 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, telephone the entire system a fraud prepared to fall.Still interested in getting a piece of the Bitcoin pie Here are a few pointers: When buying Bitcoin, you will need somewhere 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 digital wallets.So, where can you purchase Bitcoin Read on to find the best places to pick up Bitcoin now. .

Coinbase is the biggest and most respected Bitcoin system in the United States. It offers both an exchange and wallet in one, making it one of the easiest places to begin 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 maximum ) from a bank account or Coinbase USD wallet. Purchases using a credit or debit card include on a 2.49 percent mended fee.The Coinbase wallet is very protected, accessed through the internet app or mobile program, utilizes two-factor authentication and keeps redundant digital and paper backups of data in safe deposit boxes and vaults around the world.

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

Robinhood started as a fee-free stock brokerage and recently expanded into the world of electronic currencies. The best part: No charges! You can buy and sell Bitcoin and other digital currencies entirely 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 are stored in the same Robinhood account you use to your own stocks and share a login. Robinhood is cellular first and home just recently added a Web version, so it is ideal for individuals comfortable managing money from their phone or tablet computer. Even though you may need to login on the small screen to get your account, you cant beat free!The largest downside is that Robinhood only operates in 16 states for cryptocurrency transactions, but it plans to add more in the long run.