Fraud in the cryptocurrency market: a model for predicting HYIP activity pattern

  • JUN Joomi
    The Graduate University for Advanced Studies, SOKENDAI
  • MIZUNO Takayuki
    The Graduate University for Advanced Studies, SOKENDAI NII

Bibliographic Information

Other Title
  • 仮想通貨市場での詐欺: HYIP活性の予測モデル

Description

<p>HYIP is a type of high-risk investment that guarantees high returns but no safety. The profits given to investors lead to repeated investment behavior with positive feedback, and the herd behaviors of investors lead to the exponential growth of investment funds. This mechanism is similar to the bubble in the stock market. In this study, we analyze its mechanism using data from the cryptocurrency. We also forecast the growth of HYIP funds by applying an LPPLS model that predicts the stock prices in the bubble.</p>

Journal

Details 詳細情報について

  • CRID
    1390285300166065408
  • NII Article ID
    130007856857
  • DOI
    10.11517/pjsai.jsai2020.0_2e5os1b02
  • ISSN
    27587347
  • Text Lang
    ja
  • Data Source
    • JaLC
    • CiNii Articles
  • Abstract License Flag
    Disallowed

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