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, its function, and what you need to know to navigate a cyber-economy. The digital currency world will look very different … from the paper currency world; The Age of Cryptocurrency will teach you how to be ready"-- … revolution, one that could reinvent traditional financial and social structures while bringing the world's billions of "unbanked …
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This paper analyses the relationship between BitCoin price and supply-demand fundamentals of BitCoin, global macro-financial indicators and BitCoin’s attractiveness for investors. Using daily data for the period 2009-2014 and applying time-series analytical mechanisms, we find that BitCoin...
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This paper sets out to explore the hedging capabilities of bitcoin by applying the asymmetric GARCH methodology used in investigation of gold. The results show that bitcoin can clearly be used as a hedge against stocks in the Financial Times Stock Exchange Index. Additionally bitcoin can be used...
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exchange rate determined in conventional foreign currency exchange markets. I also show that the direction of causality flows …
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