Bitcoin Drawdown

Since I had a look at the MaxDD for MNF yesterday I thought it would be interesting to see the same for BTC. One of the arguments put forward by BTC fetishists is that BTC would display lower volatility than other currencies or payment methods. Somehow I dont think this claim stacks up, not unless…

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Price Manipulation in the Bitcoin Ecosystem

Abstract To its proponents, the cryptocurrency Bitcoin offers the potential to disrupt payment systems and traditional currencies. It has also been subject to security breaches and wild price fluctuations. This paper identifies and analyzes the impact of suspicious trading activity on the Mt. Gox Bitcoin currency exchange, in which approximately 600,000 bitcoins (BTC) valued at $188…

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