Are Bitcoin bubbles predictable? Combining a generalized Metcalfe’s Law and the Log-Periodic Power Law Singularity model

We develop a strong diagnostic for bubbles and crashes in Bitcoin, by analysing the coincidence (and its absence) of fundamental and technical indicators. Using a generalized Metcalfe’s Law based on network properties, a fundamental value is quantified and shown to be heavily exceeded, on at least f...

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Bibliographic Details
Main Authors: Spencer Wheatley, Didier Sornette, Tobias Huber, Max Reppen, Robert N. Gantner
Format: Article
Language:English
Published: The Royal Society 2019-06-01
Series:Royal Society Open Science
Subjects:
Online Access:https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.180538