Stages of a speculative bubble in the asset class Cryptocurrencies
- In this article we would like to link certain developments of the Cryptocurrency price movement to the five characteristic phases speculative bubbles undergo according to US economists Charles Kindleberger and Hyman Minsky, who developed the respective framework in "Manias, panics and crashes" (1978). Although every speculative bubble is somewhat different, they tend to follow five phases.In addition, we would like to answer the question how speculative bubbles develop and why they suddenly collapse.
| Author of HS Reutlingen | Daxhammer, Rolf |
|---|---|
| DOI: | https://doi.org/10.15496/publikation-26929 |
| Series (Serial Number): | Reutlinger Diskussionsbeiträge zu Finanz- und Rechnungswesen (2018-1) |
| Publisher: | Universitätsbibliothek Tübingen |
| Place of publication: | Tübingen |
| Document Type: | Book |
| Language: | German |
| Year of Publication: | 2018 |
| Tag: | Bitcoin; behavioral finance; cryptocurrencies; speculative bubbles |
| Page Number: | 14 |
| PPN: | Im Katalog der Hochschule Reutlingen ansehen |
| DDC classes: | 330 Wirtschaft |
| Open Access?: | Ja |
| Licence (German): |  Open Access |
