CRYPTOCURRENCY: DYNAMICS, STRUCTURES AND MARKETING
Marius Gust ()
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Marius Gust: „Constantin Brâncoveanu” University of Pitesti, Romania
Contemporary Economy Journal, 2018, vol. 3, issue 2, 118-134
Abstract:
Until 2017 cryptocurrency meant Bitcoin, There Were although others besides it. What brought the year 2017 was that the Bitcoin, though it had incredible growths, has narrowed its share, dropping to less than half of the market. The gains to bitcoin investors were recorded in the other cryptocurrency, and the yield rates were much higher, as the other cryptocurrency started from lower price levels. Although the market has increased, cryptocurrency users continue to be a minority. But there is a market for cryptocurrency there are users, businesses with distinct activity profiles, with prices and taxes, with costs and revenues. There are also locations where cryptocurrency can be made cheaper than in others. Factors that determine the efficiency of cryptocurrency production are computer power, electricity prices and internet access costs. Start-ups are also turning to the new cryptocurrency market, using the "initial currency offer" tool, as market gains are more than beneficial for money-making firms here, because the cash is higher.
Keywords: cryptocurrency; bitcoin; litecoin; ripple; ethereum (search for similar items in EconPapers)
JEL-codes: G12 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:3:y:2018:i:2:p:118-134
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