Corpus ID: 55628160

How can Bitcoin Price Fluctuations be Explained

@article{Kjrland2018HowCB,
  title={How can Bitcoin Price Fluctuations be Explained},
  author={Frode Kj{\ae}rland and Maria Meland and A. Oust and Vilde {\O}yen},
  journal={International Journal of Economics and Financial Issues},
  year={2018},
  volume={8},
  pages={323-332}
}
The purpose of this study is to uncover factors that explain Bitcoin’s price fluctuations. The price of the cryptocurrency Bitcoin is volatile and has increased from zero in 2009 to more than 19500 USD in December 2017. To explain the price movements we have estimated two autoregressive distributed lag models by using ordinary least squares regression. The data includes 279 weekly observations from 18.09.2011 to 05.02.2017 (before the extreme development from the summer of 2017). The dependent… Expand
9 Citations

Figures and Tables from this paper

An Analysis of Bitcoin’s Price Dynamics
  • 25
  • PDF
Social media and bitcoin metrics: which words matter
  • 4
  • PDF
Analysing Social Media Forums to Discover Potential Causes of Phasic Shifts in Cryptocurrency Price Series
  • 1
  • PDF
Cryptocurrencies and Artificial Intelligence: Challenges and Opportunities
  • PDF

References

SHOWING 1-10 OF 27 REFERENCES
Price Fluctuations and the Use of Bitcoin: An Empirical Inquiry
  • 194
  • PDF
The economics of BitCoin price formation
  • 467
  • Highly Influential
  • PDF
What Are the Main Drivers of the Bitcoin Price? Evidence from Wavelet Coherence Analysis
  • 485
  • Highly Influential
  • PDF
Nowcasting the Bitcoin Market with Twitter Signals
  • 77
  • Highly Influential
  • PDF
What Does Bitcoin Look Like
  • 138
  • Highly Influential
  • PDF
Is Bitcoin a Real Currency? An Economic Appraisal
  • 543
  • PDF
The digital traces of bubbles: feedback cycles between socio-economic signals in the Bitcoin economy
  • 283
  • Highly Influential
  • PDF
BitCoin meets Google Trends and Wikipedia: Quantifying the relationship between phenomena of the Internet era
  • 484
  • Highly Influential
  • PDF
...
1
2
3
...