The talk of etherium

in #esteem7 years ago

Last month the popular bitcoin exchange house Kraken announced an international competition especially aimed at university institutions where the key issue to be solved was whether one should invest $ 1 million dollars in Bitcoin / Ethereum.

The University of Tulane was dedicated to compare and analyze the prices of both cryptocurrencies with respect to their weekly historical price and other assets and values ​​such as the euro and gold, in addition to using a mathematical simulation to calculate how the evolution of their price could be and, therefore, what benefits they could give. His conclusion was that the best investment rate would be 67% bitcoin and 33% ether.

For its part, the University of Ryerson conducted a survey of experts and traders from different markets to test what has been the response they have had and what these cryptocurrencies could have and which has the advantage. Among the areas consulted are emerging markets, financial institutions, fintech companies and electronic commerce; and it must be said that in the majority Bitcoin stood out on Ethereum. Therefore, the team of this university proposes an investment of 69% bitcoin and 31% ether.

Finally, Brigham Young University analyzed seven attributes in both cryptocurrencies to determine their investment: platform stability, demand, supply, security, opinions, liquidity and volatility. The result was 78% bitcoin and 22% ether.

Thanks to his dedication, the first place takes 10 thousand dollars, the second place 5 thousand and the third place 3 thousand. On the other hand, the public's prize is still missing, which is chosen by voting on the projects that were presented.

The results that these investigations show us, although they are not absolute, do give a good idea of ​​what the future of Bitcoin and Ethereum could be. As the team at Tulane University concludes, they seem much more destined to coexist than to compete.

Ether and Bitcoin are examples of an exciting new class of assets that offer significant upside potential. The potential of the Blockchain technology is impressive, and we believe that Ether and Bitcoin, since they are designed for different purposes, can coexist in the future. Despite the potential of these technologies, a marked volatility remains in the market for these cryptocurrencies. To partially compensate this projected volatility, we optimized a portfolio of these two assets in order to minimize the expected variants.
University of Tulane

The latter seems to be the general observation on the part of these investigations: cryptocurrencies have a lot of potential, but they are also very volatile in the market. Therefore, while this technology matures, they propose that it is best to bet on the most stable of them, which is Bitcoin, but not to disregard new possibilities, such as Ethereum.