Public Opinions Impacts on Cryptocurrency Valuation: A View from Behavioral Finance Perspective

Authors

  • Andrey A. Gusev Department of Corporate Finance and Corporate Governance, Finance University under the Government of the Russian Federation, Moscow; 49 Leningradsky Prospect, Moscow

Keywords:

Fintech, Valuation, Cryptocurrency, Cryptoeconomy, Behavioral Finance, Predictive Power.

Abstract

Many fintech start-ups participant companies and cryptocurrencies have experienced phenomenal growth in value during the past several years. Many specialists would like to know the reasons for such success. In this article we investigate the predictive power of public opinions. This is one of the few works that using quantitative analysis connects social media and internet users' activities with cryptocurrency valuations.

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Published

2018-11-12

Issue

Section

Special Issue - Modern Corporate Finance: New Approaches and Decisions