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In this paper we analyze dynamic demand elasticity for Bitcoin and Ethereum in terms of price, transaction fees, and … energy usage. We find that while both BTC and ETH have significantly positive price elasticities, transaction fee elasticity …
Persistent link: https://www.econbiz.de/10014236878
In this paper we analyze dynamic demand elasticity for Bitcoin and Ethereum in terms of price, transaction fees, and … energy usage. We find that while both BTC and ETH have significantly positive price elasticities, transaction fee elasticity …
Persistent link: https://www.econbiz.de/10014257180
, the elasticity of demand, the validators’ uncertainty about demand, and the covariance of demand and marginal costs. My … results help account for differences between the fee policy designs of Bitcoin and Ethereum, the leading blockchains, and have …Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs …
Persistent link: https://www.econbiz.de/10015046289
, the elasticity of demand, the validators’ uncertainty about demand, and the covariance of demand and marginal costs. My … results help account for differences between the fee policy designs of Bitcoin and Ethereum, the leading blockchains, and have …Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs …
Persistent link: https://www.econbiz.de/10014485703
that is elastic and responds to demand automatically. Wixles could serve all the functions of money, pay interest, and not …
Persistent link: https://www.econbiz.de/10013052465
, demand, and market value of such currencies? The literature has posited hashrate, the speed of computations in Bitcoin mining … production) has no effect on either demand or price of Bitcoin. Instead, we find that the demand for Bitcoin and 19 other … the need for competing currencies, and the usage of Bitcoin is high in countries where the fiat currency has experienced …
Persistent link: https://www.econbiz.de/10012849385
Persistent link: https://www.econbiz.de/10012207045
Persistent link: https://www.econbiz.de/10012140050
Persistent link: https://www.econbiz.de/10014635445
The paper focuses on the analysis of the cryptocurrency open innovation market to predict sustainable growth in the … internet, trading parameters, technical indicators and other cryptocurrency data. According to the results of the analysis, the … most effective and promising cryptocurrency is EOS cryptocurrency, which has the lowest complexity and commission level …
Persistent link: https://www.econbiz.de/10012414721