Ústav teorie informace a automatizace

Jste zde

Bibliografie

Journal Article

Will Bitcoin ever become less volatile?

Krištoufek Ladislav

: Finance Research Letters vol.51, 103353

: GA20-17295S, GA ČR

: Cryptocurrencies, Cryptoassets, Bitcoin, Volatility, Store of value

: 10.1016/j.frl.2022.103353

: http://library.utia.cas.cz/separaty/2024/E/kristoufek-0583790.pdf

: https://www.sciencedirect.com/science/article/pii/S1544612322005311?via%3Dihub

(eng): We examine the drivers of Bitcoin volatility and discuss possible future developments, specifically what conditions need to be met for the volatility to decrease. Our instrumental variables analysis implies there needs to be a considerable inflow of small users into the system who are ideally not exchange traders and they do perform small transfers. Increasing exchange volume, on-chain transfers value, and Bitcoin price by themselves increase volatility of the cryptoasset.

: AH

: 50206

07.01.2019 - 08:39