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Ethereum buy bullbear

Start price
€1,589.4
15.09.22 / 50%
Target price
€2,000.0
15.09.23
Performance (%)
-3.04%
End price
€1,541.1
16.09.23
Summary
This prediction ended on 16.09.23 with a price of €1,541.1. With a performance of -3.04%, the BUY prediction for Ethereum by bullbear closed slightly in the red. bullbear has 50% into this prediction

Ethereum (ETH) is a decentralized blockchain-based cryptocurrency that was created in 2015 by Vitalik Buterin. It is the second-largest cryptocurrency in terms of market capitalization, following Bitcoin.

Ethereum's blockchain network has a specific focus on allowing developers to create smart contracts and decentralized applications (Dapps). This makes ETH more than just a digital currency; it is a whole ecosystem used for building and deploying decentralized applications.

One of the most popular applications of Ethereum is in the area of decentralized finance (DeFi). ETH serves as a means of exchange and as collateral for many DeFi products, including lending platforms, prediction markets, and decentralized exchanges.

Other applications of Ethereum include non-fungible tokens (NFTs), which are unique digital assets like collectibles, art, and game items. ETH is used to purchase and trade these NFTs on various marketplaces.

In summary, Ethereum is a versatile cryptocurrency that goes beyond just being a digital currency. Its blockchain network allows for the creation of smart contracts and decentralized applications, powering a growing DeFi ecosystem and the emergence of an entirely new asset class in the form of NFTs.

Performance without dividends (%)
Name 1w 1m 1y
Ethereum 1.675% 1.675% 75.183%
iShares Core DAX® 1.051% -1.833% 12.822%
iShares Nasdaq 100 -0.547% -3.738% 40.625%
iShares Nikkei 225® -1.778% -8.115% 16.092%
iShares S&P 500 0.002% -2.226% 28.387%

Comments by bullbear for this prediction

In the thread Ethereum diskutieren
Prediction Buy
Perf. (%) -3.04%
Target price 2000.000
Change
Ends at

The crypto community is celebrating a milestone for the Ethereum blockchain, which just transitioned from the proof-of-work (PoW) consensus mechanism to the proof-of-stake (PoS) model. The move is aimed at reducing the power needed to secure Ethereum by around 99.95%, easing the concerns of those worried about the environmental impacts of crypto (Ethereum currently emits as much carbon as Singapore and its total energy consumption is similar to the Netherlands). ETH (ETH-USD) issuance will also decrease (a.k.a. Triple Halving), while industry players will further decentralize the network by securing Ethereum at home, taking some control away from the institutions and sophisticated miners.

In the thread Trading Ethereum
Prediction Buy
Perf. (%) -3.04%
Target price 2000.000
Change
Ends at 15.09.23

Die von bullbear gewählte maximale Laufzeit wurde überschritten