Cryptocurrency Brings New Battles into the Currency Market
نویسندگان
چکیده
In this paper, we concern ourselves with cryptocurrency and how cryptocurrency affects the cryptocurrency market as well as the fiat currency market. The whole topic will be sepreted into two sections: competition among different currencies, as well as competition among exchanges[2]. We aim at figuring out the current circumstance of cryptocurrency which as a casual visitor in the market, and additionaly we will also look at the prospect of cryptocurrency and the currency market. Cryptocurrency with many new features has an uneasy development after entering into the financial market, although it is not yet powerful to compete with fiat currency, the effects of cryptocurrency and cryptocurrency exchange in financial market will still be full of meaning. Keywords/Schlüsselworte Cryptocurrency, Bitcoin, fiat currency, digital wallet, cryptocurrency exchanges
منابع مشابه
A scalable verification solution for blockchains
Bitcoin and Ethereum, whose miners arguably collectively comprise the most powerful computational resource in the history of mankind, offer no more power for processing and verifying transactions than a typical smart phone. The system described herein bypasses this bottleneck and brings scalable computation to Ethereum. Our new system consists of a financial incentive layer atop a dispute resol...
متن کاملUsing Machine Learning ARIMA to Predict the Price of Cryptocurrencies
The increasing volatility in pricing and growing potential for profit in digital currency have made predicting the price of cryptocurrency a very attractive research topic. Several studies have already been conducted using various machine-learning models to predict crypto currency prices. This study presented in this paper applied a classic Autoregressive Integrated Moving Average(ARIMA) model ...
متن کاملAn Analysis of Circulation of Decentralized Digital Money in Quantum Electrodynamics Space: the Econphysics Approach
The study aimed at showing how to create and release cryptocurrency, based on which one can introduce a new generation of this money that can continue its life in the quantum computers space and study whether cryptocurrency could be controlled or the rules should be rewritten in line with new technology. Regarding this, we showed the evolution of money and its uses in economic relations. Accord...
متن کاملCryptocurrency Pumping Predictions: A Novel Approach to Identifying Pump And Dump Schemes
We present a model that can identify artificial increases in crypto-currency prices (called ’pumps’) from publicly available order data. Our dataset consists of 179 24-hour order books from several prominent currencies. These order books are split into two sub-sets: nominal market movement order books and abnormal rate change order books. We first trained a SVM model for baseline results. We th...
متن کاملThe Art of Crypto Currencies: A Comprehensive Analysis of Popular Crypto Currencies
Crypto Currencies have recently gained enormous popularity amongst the general public. With each passing day, more and more companies are radically accepting crypto currencies in their payment systems, paving way for an economic revolution. Currently more than 700 crypto-currencies are available at Coindesk alone for trade purposes. As of November 2016, the Crypto currencies hold a total market...
متن کامل