Gronwald, Marc2020-04-272020-04-272020-02-29Gronwald, M 2020 'How explosive are cryptocurrency prices?' Discussion Papers in Economics and Finance, no. 3, vol. 20, University of Aberdeen, pp. 1-14.0143-4543https://hdl.handle.net/2164/14175The author gratefully acknowledges useful comments by Beat Hintermann, Xin Jin, as well as participants of the 18th Journees LAGV - International Conference in Public Economics. Furthermore, the author is indebted to Sandrine Ngo for motivating me to study the economics of Bitcoins.14608896engCryptocurrenciesBubblesexplosivenessfundamental valueintrinsic valuefiat moneyH Social Sciences (General)H1Working or discussion paper203