| dc.contributor.author | Wikström, Anders | |
| dc.date.accessioned | 2021-07-01T13:09:36Z | |
| dc.date.available | 2021-07-01T13:09:36Z | |
| dc.date.issued | 2021-07-01 | |
| dc.identifier.uri | http://hdl.handle.net/2077/69011 | |
| dc.description.abstract | This paper researches internal in
uences on the price of Bitcoin. By looking at Satoshi
Nakamoto's original whitepaper, as well as employing economic theories such as the Law
of Diminishing Marginal Utility, Commodity Theory, and network valuation theory Met-
calfe's Law, variables are chosen and run through a multiple regression analysis to de-
termine the variables in
uence on the price of Bitcoin. This paper uses monthly data
spanning 6 years from 2015 to 2020. Regression analysis shows that the variables Number
of Active Addresses, Di culty Rate and Hash Rate all are positively correlated to the
price of Bitcoin, whilst the Relative Availability is negatively correlated to the price of
Bitcoin. | sv |
| dc.language.iso | eng | sv |
| dc.relation.ispartofseries | Industriell och finansiell ekonomi | sv |
| dc.relation.ispartofseries | 20/21:53 | sv |
| dc.subject | Bitcoin, Commodity Theory, Law of Diminishing Marginal Utility, Metcalfe's Law. | sv |
| dc.title | Driving Factors Behind the Price of a Decentralised Cryptocurrency - An Internal Look at Network Factors In uencing the Price of Bitcoin | sv |
| dc.type | Text | |
| dc.setspec.uppsok | SocialBehaviourLaw | |
| dc.type.uppsok | M2 | |
| dc.contributor.department | University of Gothenburg/Department of Business Administration | eng |
| dc.contributor.department | Göteborgs universitet/Företagsekonomiska institutionen | swe |
| dc.type.degree | Student essay | |
