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Cryptocurrency: Dynamics, Structures And Marketing

Author

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  • Marius GUST

    („Constantin Brâncoveanu” University of Pitesti, Romania)

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.

Suggested Citation

  • Marius GUST, 2018. "Cryptocurrency: Dynamics, Structures And Marketing," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 3(2), pages 118-134.
  • Handle: RePEc:brc:brccej:v:3:y:2018:i:2:p:118-134
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    References listed on IDEAS

    as
    1. Michel Rauchs & Garrick Hileman, 2017. "Global Cryptocurrency Benchmarking Study," Cambridge Centre for Alternative Finance Reports 201704-gcbs, Cambridge Centre for Alternative Finance, Cambridge Judge Business School, University of Cambridge.
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    Cited by:

    1. Roxana-Elena Lazar, 2021. "The Volatility of Cryptocurrencies in the Age of Digitalization," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Scien, Editura Lumen, Department of Economics, vol. 28, pages 197-207, December.

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    More about this item

    Keywords

    cryptocurrency; bitcoin; litecoin; ripple; ethereum;
    All these keywords.

    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

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