[Lecture Series FS22] Transaction Dynamics of Blockchain and Predictable Bitcoin Bubbles

Details

Prof. Didier Sornette (ETH Zurich)

Abstract

Prof. Didier Sornette will present empirical and theoretical results on:

  1. bubble dynamics and what we can learn from them [1,2]
  2. the aging dynamics of bitcoin transactions and prices
  3. The social bubble hypothesis applied to Bitcoin [3]
  4. The question whether cryptocurrencies will replace fiat money? [4].

Literature

[1] Spencer Wheatley, Didier Sornette, Max Reppen, Tobias Huber and Robert N. Gantner, Are Bitcoin Bubbles Predictable? Combining a Generalised Metcalfe’s Law and the LPPLS Model, Royal Society Open Science 6, 180538, http://dx.doi.org/10.1098/rsos.180538, pages 1-13 (2019) Swiss Finance Institute Research Paper No. 18-22. (Available at SSRN: https://ssrn.com/abstract=3141050 )
[2] J.-C. Gerlach, G. Demos and D. Sornette, Dissection of Bitcoin’s Multiscale Bubble History from January 2012 to February 2018, Royal Society Open Science 6, 180643 (2019).(https://ssrn.com/abstract=3164246 ) (http://arxiv.org/abs/1804.06261)
[3] Tobias A. Huber and Didier Sornette, Boom, Bust, and Bitcoin: Bitcoin-Bubbles As Innovation Accelerators, Journal of Economic Issues 61(1), (March 2022).
(http://ssrn.com/abstract=3599179)
[4] Richard Senner and Didier Sornette, The Holy Grail of Crypto Currencies: Ready to replace fiat money? Journal of Economic Issues 53 (4), 966-1000 (2019) (http://ssrn.com/abstract=3192924)

Time

Tuesday, 29 Mar. 2022

18:00 – 20:00

Online via Zoom

Zoom link will be visible to registered people

Speakers

Prof. Didier Sornette

Prof. Didier Sornette is the professor on the Chair of Entrepreneurial Risks, Department of Management, Technology and Economics (D-​MTEC)
ETH Zurich. Didier is also

  1. Director of the Financial Crisis Observatory (http://www.er.ethz.ch)
  2. Co-​founder of the ETH Risk Center (http://www.riskcenter.ethz.ch)
  3. Member of the Swiss Finance Institute (http://www.swissfinanceinstitute.chcall_made)
  4. associated with the Department of Physics (D-​PHYS), ETH Zurich (http://www.phys.ethz.ch)
  5. associated with the Department of Earth Sciences (D-​ERDW), ETH Zurich (http://www.erdw.ethz.ch/index_EN).

Timeline

Time Speaker Event Title Presentations
18:00 -18:15Welcome & Introduction (#SBHACK21)
18:15 -19:00Prof. Didier SornetteTransaction Dynamics of Blockchain and Predictable Bitcoin Bubbles
19:00 -19:30Q&A
19:30 -20:00e-Apéro

Sponsors

UZH Blockchain Center

Trust Square

Dezentrum

SBHACK22