论文标题
障碍在比特币动力学中释放恐慌
Disorder Unleashes Panic in Bitcoin Dynamics
论文作者
论文摘要
比特币所有者的行为反映在区块链中编码的结构和比特币交易的数量中。同样,比特币交易者的行为反映在加密市场中看涨和看跌趋势的形成中。鉴于这些观察结果,我们想知道人类的行为是否是区块链与加密货币市场之间的某种关系的基础。为了解决这个问题,我们将区块链映射到旋转晶格问题,其配置形成有序和无序的模式,代表比特币所有者的行为。这种新颖的方法使我们能够获得适合检测区块链动力学与比特币市场趋势之间的因果关系的时间序列,并在区块链中发现比特币恐慌销售之前的模式模式。我们的结果表明,区块链进化的基本行为和加密市场在比特币动力学中引起了障碍与恐慌之间的连接。
The behaviour of Bitcoin owners is reflected in the structure and the number of bitcoin transactions encoded in the Blockchain. Likewise, the behaviour of Bitcoin traders is reflected in the formation of bullish and bearish trends in the crypto market. In light of these observations, we wonder if human behaviour underlies some relationship between the Blockchain and the crypto market. To address this question, we map the Blockchain to a spin-lattice problem, whose configurations form ordered and disordered patterns, representing the behaviour of Bitcoin owners. This novel approach allows us to obtain time series suitable to detect a causal relationship between the dynamics of the Blockchain and market trends of the Bitcoin and to find that disordered patterns in the Blockchain precede Bitcoin panic selling. Our results suggest that human behaviour underlying Blockchain evolution and the crypto market brings out a fascinating connection between disorder and panic in Bitcoin dynamics.