Kjærland, Frode; Khazal, Aras; Krogstad, Erlend A.; … - In: Journal of risk and financial management : JRFM 11 (2018) 4, pp. 1-18
This paper aims to enhance the understanding of which factors affect the price development of Bitcoin in order for … factor Hashrate as irrelevant for modeling Bitcoin price dynamics. This irrelevance is due to the underlying code that makes … crucial independent variable. Moreover, the empirical findings indicate that the price of Bitcoin is affected by returns on …