Cryptocurrency value formation: An empirical study leading to a cost of production model for valuing bitcoin

Keyphrases

• Asset Class 11%
• Bitcoin 100%
• Competition Level 11%
• Cryptocurrency 100%
• Derivative Markets 11%
• Digital Currency 33%
• Fair Value 11%
• Financial Assets 11%
• Main Drivers 11%
• Merchants 11%
• No-arbitrage 11%
• Over-the-counter Markets 11%
• Popular 11%
• Production Cost 100%
• Production Model 100%
• Regression Model 11%
• Relative Cost 11%
• Relative Difference 11%
• Unit Production 11%
• Value Change 11%
• Value Formation 100%

Economics, Econometrics and Finance

• Derivatives Market 11%