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...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
The Royal Society
2019-06-01
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Series: | Royal Society Open Science |
Subjects: | |
Online Access: | https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.180538 |