Identifying explanatory factors of bitcoin price with artificial neural networks

This study aims to develop a new model that allows determining with high precision the factors that explain the price of bitcoin. To do this, an extensive database of variables related to bitcoin and artificial neural network techniques has been used. The results obtained have made it possible to id...

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Detalles Bibliográficos
Autores: Lamothe Fernández, Prosper, Lamothe-López, Prosper, Fernández-Gámez, Manuel A., Fernández Miguélez, Sergio M.
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/711015
Acceso en línea:http://hdl.handle.net/10486/711015
Access Level:acceso abierto
Palabra clave:Bitcoin
Artificial neural networks
Blockchain
Cryptocurrency
Economía
Descripción
Sumario:This study aims to develop a new model that allows determining with high precision the factors that explain the price of bitcoin. To do this, an extensive database of variables related to bitcoin and artificial neural network techniques has been used. The results obtained have made it possible to identify that aspects related to the number of forum posts, the volume of transactions on the blockchain, and the hash rate provide an excellent strategy for predicting the price of bitcoin