Ciaian, Pavel; Rajcaniova, Miroslava; d'Artis Kancs - arXiv.org - 2014
This paper analyses the relationship between BitCoin price and supply-demand fundamentals of BitCoin, global macro-financial indicators and BitCoin attractiveness for investors. Using daily data for the period 2009-2014 and applying time-series analytical mechanisms, we find that BitCoin market...