investment strategies applied to Bitcoin. Our bubble model is defined as a geometric Brownian motion combined with separate crash …-free asset. Using our bubble model on Bitcoin from 8-Jul-2013 until 19-Dec-2017 would have generated a CAGR of 140% with a …We present a dynamic Rational Expectations (RE) bubble model of prices with the intention to evaluate it on optimal …

The cryptocurrency Bitcoin has been prominently featured in the news recently. Its ascension in value has been nothing … short of extraordinary. This article briefly explains what Bitcoin is and how it works. The more challenging question is … what Bitcoin — this cryptographic breakthrough — really is: currency, like the U.S. dollar, an asset, more like gold, or …