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Bitcoin price prediction implies that the Bitcoin cost is up to get 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 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 will be seen more as a store of value, along with it being an alternative currency. .

From 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 help it become even more powerful.

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CoinSwitch.co is the worlds biggest cryptocurrency exchange aggregator that supports 300+ coins and above 45,000+ pairs.  It provides an easier way of trading via 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 cost prediction is based on the data collected from several 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 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 the way Bitcoin works and also the top places to purchase Bitcoin.First of all, need some background information about what Bitcoin is It is an electronic currency used mainly for online purchases and as an investment, albeit an extremely risky one. It is not sponsored by any government.

You can also buy them 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. 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, telephone the entire system a fraud prepared to fall.Still interested in getting a part of the Bitcoin pie below are some pointers: When buying Bitcoin, you will need a place to store them.

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But when transacting in Bitcoin, beware of big 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 best places to pick up Bitcoin today. .

Coinbase is the biggest and most respected Bitcoin platform 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 max) from a bank account or Coinbase USD wallet. Purchases using a debit or credit card add internet on a 2.49 percent fixed fee.The Coinbase pocket is extremely secure, accessed through the Web app or mobile app, uses two-factor authentication and retains redundant digital and paper backups of information in safe deposit boxes and vaults around the globe.

Further, Coinbase retains 98 percent of consumer currencies offline to keep them safe from malicious hackers. This is additional 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 best part: No charges! You can purchase and sell Bitcoin and other digital currencies entirely fee-free on this stage. Since February 2018, Robinhood supports Bitcoin and Ethereum trades and market data for another 15 currencies.

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Crypto accounts support market and restrict orders.Your coins are stored in the same Robinhood account you use to your own shares and share a login. Robinhood is mobile first and only recently added a Web version, so it is best for individuals familiar managing money from their phone or tablet computer. Even though you might 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 include more in the long run.