38th IBIMA Conference: November 2021, Seville, Spain

November 2021
Seville, Spain

Paper Submission: CLOSED

U.S.A. ISBN: 978-0-9998551-7-1

U.S.A. Library of Congress:
ISSN: 2767-9640

The Impact of Short-term Hype on Predicting the Long-term Behavior of Cryptocurrencies

Victor DOSTOV, Pavel PIMENOV, Pavel SHOUST and Victor TITOV

Abstract:

The article examines the impact of the short-term interest towards cryptocurrencies on the quality of prediction based on the Bass equation. Based on a series of tests to cut off short-term growth of the number of active wallets, it was found that there was no effect on the dynamics of the number of active wallets for Bitcoin in the long term and efficiency.