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

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/00216208:11230/13:10173901

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GAP402%2F11%2F0948" target="_blank" >GAP402/11/0948: Vývoj analytického rámce pro energetickou bezpečnost: Ekonometrie časových řad, teorie her, meta-analýza a teorie regulace</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

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

Název periodika

Scientific Reports

ISSN

2045-2322

e-ISSN

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Svazek periodika

3

Číslo periodika v rámci svazku

3415

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

7

Strana od-do

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Kód UT WoS článku

000327785700003

EID výsledku v databázi Scopus

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