Speculative bubbles in Bitcoin markets? An empirical investigation into the fundamental value of Bitcoin

Yes === Amid its rapidly increasing usage and immense public interest the subject of Bitcoin has raised profound economic and societal issues. In this paper we undertake economic and econometric modelling of Bitcoin prices. As with many asset classes we show that Bitcoin exhibits speculative bubbles...

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Bibliographic Details
Main Authors: Cheah, E-T., Fry, John
Language:en
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/10454/18101