Mr Bitcoin

Mr Bitcoin
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 1431426725
ISBN-13 : 9781431426720
Rating : 4/5 (720 Downloads)

Book Synopsis Mr Bitcoin by : Mpho Dagada

Download or read book Mr Bitcoin written by Mpho Dagada and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bitcoin is a decentralised virtual currency that uses cryptography to remove the need for trust between agents and intermediaries. Though it is deemed a currency, the cryptographic nature of bitcoin gives it characteristics similar to commodities, for example, gold. This thesis examines the relationship between spot and futures prices in the bitcoin market. It also applies the well known Gibson-Schwartz model to the pricing of bitcoin futures contracts. A sample from March 2013 to February 2015 is considered, including two separate periods of substantial increase in the bitcoin spot market. Findings suggest that the futures market was significantly in contango, with convenience yields often below -100% p.a. and significant arbitrage profits readily available. The convenience yield is found to be mean-reverting and decreasing in magnitude since 2013, with the market inefficiently pricing convenience yield risk. A negative relationship between the convenience yield and spot price volatility is observed, drawing comparisons with the electricity market. Overall, the Gibson-Schwartz model is found to provide a good fit to nearest-term futures contracts, while it fails to appropriately price bitcoin futures with longer maturities.


Mr Bitcoin Related Books

Mr Bitcoin
Language: en
Pages: 0
Authors: Mpho Dagada
Categories: Bitcoin
Type: BOOK - Published: 2018 - Publisher:

DOWNLOAD EBOOK

Bitcoin is a decentralised virtual currency that uses cryptography to remove the need for trust between agents and intermediaries. Though it is deemed a currenc
|| BTC MINING || how to properly mime for BItcoin || MR. BIG WEALTH
Language: en
Pages: 65
Authors: MR. BIG WEALTH
Categories: Business & Economics
Type: BOOK - Published: 2023-12-14 - Publisher: MR. BIG WEALTH

DOWNLOAD EBOOK

#mrbigwealth #btc Welcome to the one and only way to mine Bitcoing (BTC) over 50 tips on bitcoin mining how NOT ro ruin your pc, how to use encryption, make a w
MR. BIG WEALTHS: HOW TO GET RICH WITH BITCOIN, STOCKS & BITCOIN MINING IN 2023
Language: en
Pages: 146
Authors: MR. BIG WEALTH
Categories: Business & Economics
Type: BOOK - Published: 2023-08-07 - Publisher: MR. BIG WEALTH

DOWNLOAD EBOOK

At MR BIG WEALTHS, we are passionate about helping individuals achieve financial success through strategic investments in Bitcoin, stocks, and Bitcoin mining. W
Bitcoin
Language: en
Pages: 88
Authors: United States. Congress. House. Committee on Small Business
Categories: Bitcoin
Type: BOOK - Published: 2014 - Publisher:

DOWNLOAD EBOOK

The Politics of Bitcoin
Language: en
Pages: 107
Authors: David Golumbia
Categories: Computers
Type: BOOK - Published: 2016-09-26 - Publisher: U of Minnesota Press

DOWNLOAD EBOOK

Since its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-sta