TY - JOUR
T1 - Bitcoin Price Anomalies
T2 - Peer-to-Peer (P2P) Trading on LocalBitcoins
AU - Holub, Mark
AU - Johnson, Jackie
PY - 2019/6
Y1 - 2019/6
N2 - The authors study trading behavior on Local Bitcoins, an alternative platform to conventional exchanges that allow investors all over the world to trade Bitcoin on a peer-to-peer basis. In particular, the authors examine the anomalous trade prices on Local Bitcoins, which are settled at values significantly different from market prices. As Local Bitcoins is not regulated in the way some exchanges are regulated, the persistence of the anomalous prices suggests that traders may be able to take advantage of the phenomenon to make substantial gains.
AB - The authors study trading behavior on Local Bitcoins, an alternative platform to conventional exchanges that allow investors all over the world to trade Bitcoin on a peer-to-peer basis. In particular, the authors examine the anomalous trade prices on Local Bitcoins, which are settled at values significantly different from market prices. As Local Bitcoins is not regulated in the way some exchanges are regulated, the persistence of the anomalous prices suggests that traders may be able to take advantage of the phenomenon to make substantial gains.
UR - https://www.scopus.com/pages/publications/85088379427
U2 - 10.3905/jai.2019.22.1.127
DO - 10.3905/jai.2019.22.1.127
M3 - Article
SN - 1520-3255
VL - 22
SP - 127
EP - 139
JO - Journal of Alternative Investments
JF - Journal of Alternative Investments
IS - 1
ER -