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Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies

This paper proposes a method to predict fluctuations in the prices of cryptocurrencies, which are increasingly used for online transactions worldwide. Little research has been conducted on predicting fluctuations in the price and number of transactions of a variety of cryptocurrencies. Moreover, the...

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Detalles Bibliográficos
Autores principales: Kim, Young Bin, Kim, Jun Gi, Kim, Wook, Im, Jae Ho, Kim, Tae Hyeong, Kang, Shin Jin, Kim, Chang Hun
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4988639/
https://www.ncbi.nlm.nih.gov/pubmed/27533113
http://dx.doi.org/10.1371/journal.pone.0161197
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author Kim, Young Bin
Kim, Jun Gi
Kim, Wook
Im, Jae Ho
Kim, Tae Hyeong
Kang, Shin Jin
Kim, Chang Hun
author_facet Kim, Young Bin
Kim, Jun Gi
Kim, Wook
Im, Jae Ho
Kim, Tae Hyeong
Kang, Shin Jin
Kim, Chang Hun
author_sort Kim, Young Bin
collection PubMed
description This paper proposes a method to predict fluctuations in the prices of cryptocurrencies, which are increasingly used for online transactions worldwide. Little research has been conducted on predicting fluctuations in the price and number of transactions of a variety of cryptocurrencies. Moreover, the few methods proposed to predict fluctuation in currency prices are inefficient because they fail to take into account the differences in attributes between real currencies and cryptocurrencies. This paper analyzes user comments in online cryptocurrency communities to predict fluctuations in the prices of cryptocurrencies and the number of transactions. By focusing on three cryptocurrencies, each with a large market size and user base, this paper attempts to predict such fluctuations by using a simple and efficient method.
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spelling pubmed-49886392016-08-29 Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies Kim, Young Bin Kim, Jun Gi Kim, Wook Im, Jae Ho Kim, Tae Hyeong Kang, Shin Jin Kim, Chang Hun PLoS One Research Article This paper proposes a method to predict fluctuations in the prices of cryptocurrencies, which are increasingly used for online transactions worldwide. Little research has been conducted on predicting fluctuations in the price and number of transactions of a variety of cryptocurrencies. Moreover, the few methods proposed to predict fluctuation in currency prices are inefficient because they fail to take into account the differences in attributes between real currencies and cryptocurrencies. This paper analyzes user comments in online cryptocurrency communities to predict fluctuations in the prices of cryptocurrencies and the number of transactions. By focusing on three cryptocurrencies, each with a large market size and user base, this paper attempts to predict such fluctuations by using a simple and efficient method. Public Library of Science 2016-08-17 /pmc/articles/PMC4988639/ /pubmed/27533113 http://dx.doi.org/10.1371/journal.pone.0161197 Text en © 2016 Kim et al http://creativecommons.org/licenses/by/4.0/ This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Kim, Young Bin
Kim, Jun Gi
Kim, Wook
Im, Jae Ho
Kim, Tae Hyeong
Kang, Shin Jin
Kim, Chang Hun
Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
title Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
title_full Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
title_fullStr Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
title_full_unstemmed Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
title_short Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
title_sort predicting fluctuations in cryptocurrency transactions based on user comments and replies
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4988639/
https://www.ncbi.nlm.nih.gov/pubmed/27533113
http://dx.doi.org/10.1371/journal.pone.0161197
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