This paper investigates the relationship between the bitcoin price and the hashrate by disentangling the effects of the … energy efficiency of the bitcoin mining equipment, bitcoin halving, and of structural breaks on the price dynamics. For this … bitcoin price to the hashrate (or its proxies), with lags ranging from one week up to six weeks later. These findings are …

Metcalfe's law for Bitcoin is questionable. As the results showed a potential for herding behaviour, the authors then used LPPL …

Metcalfe’s law for Bitcoin is questionable. According to the bidirectional causality between the price and the network size …, the expected price increase is a driver for more investors to join the Bitcoin network, which may lead in the end to a … super-exponential price growth, possibly due to a herding behaviour of investors. The authors then used LPPL models to …

to the study of Bitcoin and Ether, two of the most famous cryptocurrencies. Our bubble detection methodology combines the … and BSADF*). We find that, during the sample period 1st December 2016-16th January 2018, Bitcoin shows strong bubble …

Metcalfe's law for Bitcoin is questionable. As the results showed a potential for herding behaviour, the authors then used LPPL …

Metcalfe's law for Bitcoin is questionable. According to the bidirectional causality between the price and the network size …, the expected price increase is a driver for more investors to join the Bitcoin network, which may lead in the end to a … super-exponential price growth, possibly due to a herding behaviour of investors. The authors then used LPPL models to …

all network participants. We calculate the economic impact of competing coins (“altcoins”) on Bitcoin's value and find … the percent change in users. In the four currencies we studied, we found that without exception, price sensitivity to … network size dominates transaction activity as a price driver in at least three of four coins examined. Value is impacted …

growth and price of bitcoin and other cryptocurrencies are likely to proceed according to a relatively straightforward … considerable effect on the long-term price of bitcoin … value, and use Bitcoin, Facebook as numerical examples of the proof. There is compelling evidence that suggests that the …

This paper investigates the relationship between the bitcoin price and the hashrate by disentangling the effects of the … energy efficiency of the bitcoin mining equipment, bitcoin halving, and of structural breaks on the price dynamics. For this … the bitcoin price to the hashrate (or its proxies), with lags ranging from 1 week up to 6 weeks later. These findings are …