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Bitcoin price prediction suggests that the Bitcoin price is up for a long-term 678.833382percent in the BTC price value using 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 complete different height altogether. In accordance with the predictions and analysis, Bitcoin remains 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 used 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 over 45,000+ pairs.  It provides an easier method of trading via 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 is based on the information collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.

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

You can even purchase them 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 dropped from its peak. Many people think it's 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 part of this Bitcoin pie below 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 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 very best places to pick up Bitcoin today. .

Coinbase is the biggest and most respected Bitcoin system in the United States. It provides both an exchange and wallet in one, making it one of the easiest places More about the author 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 debit or credit card add on a 2.49 percent fixed fee.The Coinbase wallet is very secure, obtained through the Web app or mobile program, uses two-factor authentication and keeps redundant digital and paper copies of information in safe deposit boxes and vaults around the world.

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

Robinhood started as a fee-free stock brokerage and recently expanded into the world of electronic currencies. The very best part: No fees! You can buy and sell Bitcoin and other digital currencies entirely fee-free on this platform. Since February 2018, Robinhood supports Bitcoin and check these guys out Ethereum transactions and market data 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 mobile first and just recently added a Web version, therefore it's ideal for individuals familiar managing money from their phone or tablet computer. Even though you might need to login on the small 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 add more in the future.