We show the statistical properties of the most important cryptocurrencies, of which Bitcoin is the most prominent …

Cryptocurrencies became popular with the emergence of Bitcoin and have shown an unprecedented growth over the last few … years. As of November 2016, more than 720 cryptocurrencies exist, with Bitcoin still being the most popular one. We provide … both a statistical analysis as well as an extreme value analysis of the returns of the most important cryptocurrencies. A …

A five cent $0.05 investment in Bitcoin on July 17, 2010, the first date in which there appears to have been a … published value had grown to $7,383.39 on July 18, 2018. While Bitcoin as a currency has existed for less than a decade ̶ it had … a very limited liquidity and usage during the first few years. During calendar year 2017 alone, Bitcoin increased in …

bubbles are awed due to an insufficient consideration of the fundamental value of cryptocurrencies. As even fiat money is said … to exhibit features of bubbles, the same applies to cryptocurrencies. Thus, any empirical investigation into either the … presence of cryptocurrency bubbles or the fundamental value of cryptocurrencies is needless. Second, the paper conducts a short …