BitCoin meets Google Trends and Wikipedia: Quantifying the relationship between phenomena of the Internet era

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F13%3A00420810" target="_blank" >RIV/67985556:_____/13:00420810 - isvavai.cz</a>

Alternative codes found

RIV/00216208:11230/13:10173901

Result on the web

<a href="http://dx.doi.org/10.1038/srep03415" target="_blank" >http://dx.doi.org/10.1038/srep03415</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1038/srep03415" target="_blank" >10.1038/srep03415</a>

Result language

angličtina

Original language name

BitCoin meets Google Trends and Wikipedia: Quantifying the relationship between phenomena of the Internet era

Original language description

Digital currencies have emerged as a new fascinating phenomenon in the financial markets. Recent events on the most popular of the digital currencies ? BitCoin ? have risen crucial questions about behavior of its exchange rates and they offer a field tostudy dynamics of the market which consists practically only of speculative traders with no fundamentalists as there is no fundamental value to the currency. In the paper, we connect two phenomena of the latest years ? digital currencies, namely BitCoin,and search queries on Google Trends and Wikipedia ? and study their relationship. We show that not only are the search queries and the prices connected but there also exists a pronounced asymmetry between the effect of an increased interest in the currency while being above or below its trend value.

Czech name

—

Czech description

—

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

—

Project

<a href="/en/project/GAP402%2F11%2F0948" target="_blank" >GAP402/11/0948: Developing Analytical Framework for Energy Security: Time-Series Econometrics, Game Theory, Meta-Analysis and Theory of Regulation</a><br>

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Scientific Reports

ISSN

2045-2322

e-ISSN

—

Volume of the periodical

3

Issue of the periodical within the volume

3415

Country of publishing house

GB - UNITED KINGDOM

Number of pages

7

Pages from-to

—

UT code for WoS article

000327785700003

EID of the result in the Scopus database

—