Cryptocurrencies have recently captured the interest of the econometric literature, with several works trying to … address the existence of bubbles in the price dynamics of Bitcoins and other cryptoassets. Extremely rapid price accelerations …-explosivity in the cryptoassets, i.e., whether explosivity in one cryptocurrency leads to explosivity in other cryptocurrencies …

investment strategies applied to Bitcoin. Our bubble model is defined as a geometric Brownian motion combined with separate crash … (and rally) discrete jump distributions associated with positive (and negative) bubbles. The RE condition implies that the …-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 …

decades. In this paper, we examine the role of speculative bubbles in the process of Bitcoin's technological adoption by … our analysis of Bitcoin, we test and further refine the Social Bubble Hypothesis, which holds that bubbles constitute an …Bitcoin represents one of the most interesting technological breakthroughs and socio-economic experiments of the last …

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 …

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 …