University of Tennessee at Chattanooga
Place of Publication
Bitcoin, an open-source decentralized peer-to-peer payment system, has made an unprecedented rise to notoriety in the last decade. In 2018, Bitcoin reported its worst year in history with depreciation of more than 70% from its year opening price. Consequently, the narrative of a bubble that surrounded Bitcoin was amplified by this news. The purpose of this paper is to analyze the presence of a bubble within Bitcoin by comparing its price volatility and the psychological factors that influence its price formation to that of two historic bubbles, the Dotcom Bubble and the Tulip Mania.
B. S.; An honors thesis submitted to the faculty of the University of Tennessee at Chattanooga in partial fulfillment of the requirements of the degree of Bachelor of Science.
Bitcoin; Tulip Mania, 1634-1637; Speculation -- History; Financial crises -- History; Global Financial Crisis, 2008-2009
Finance and Financial Management
Leath, Jessica L., "Is Bitcoin Reminiscent of Past Bubbles?" (2019). Honors Theses.