Cryptocurrency Survival Analysis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F20%3A%230000708" target="_blank" >RIV/04274644:_____/20:#0000708 - isvavai.cz</a>
Result on the web
<a href="https://jai.pm-research.com/content/22/3/55" target="_blank" >https://jai.pm-research.com/content/22/3/55</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.3905/jai.2019.1.084" target="_blank" >10.3905/jai.2019.1.084</a>
Alternative languages
Result language
angličtina
Original language name
Cryptocurrency Survival Analysis
Original language description
Cryptocurrencies are one of the greatest technological innovations. Cryptocurrencies are decentralized payment systems in which ownership is demonstrated cryptographically. An overview of ownership of payment units is stored in a data structure called blockchain. Of the thousands of cryptocurrencies, the best known are Bitcoin, Ethereum, Ripple, Litecoin, EOS, Cardano, NEO, Dash and Monero. In the past, new cryptocurrencies were most often created by modifying the parameters of another cryptocurrency and by launching their own blockchain. Nowadays, new cryptocurrencies are most commonly created as applications on another existing cryptocurrency. Such cryptocurrencies are called tokens. Creating a new cryptocurrency is easy, but its value depends on users’ willingness to pay for its units. If a cryptocurrency loses its users, it becomes worthless. In this article, we have analysed over 2500 cryptocurrencies that are or were previously traded on cryptocurrency exchanges. We have explored the probability that a cryptocurrency will not survive and will be de-listed from exchanges. For the different categories of cryptocurrencies according to their previous trading time on exchanges, we have determined the conditional probability of de-listing within 1 to 5 years. We found out that the new cryptocurrencies are the most risky. With the increasing age of the cryptocurrency, the probability of its de-listing decreases.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)
Result continuities
Project
<a href="/en/project/GA16-21506S" target="_blank" >GA16-21506S: New Sources of Systemic Risk in the Financial Markets</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
The Journal of Alternative Investments
ISSN
1520-3255
e-ISSN
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Volume of the periodical
22
Issue of the periodical within the volume
3
Country of publishing house
US - UNITED STATES
Number of pages
10
Pages from-to
55-64
UT code for WoS article
000640077200006
EID of the result in the Scopus database
2-s2.0-85079370243