RT Journal Article
SR Electronic
T1 Bitcoin Price Anomalies: <em>Peer-to-Peer (P2P) Trading on LocalBitcoins</em>
JF The Journal of Alternative Investments
FD Institutional Investor Journals
SP 127
OP 139
DO 10.3905/jai.2019.22.1.127
VO 22
IS 1
A1 Mark Holub
A1 Jackie Johnson
YR 2019
UL https://pm-research.com/content/22/1/127.abstract
AB The authors study trading behavior on LocalBitcoins, an alternative platform to conventional exchanges that allow investors all over the world to trade Bitcoin on a peer-to-peer basis. In particular, the authors examine the anomalous trade prices on LocalBitcoins, which are settled at values significantly different from market prices. As LocalBitcoins is not regulated in the way some exchanges are regulated, the persistence of the anomalous prices suggests that traders may be able to take advantage of the phenomenon to make substantial gains.TOPICS: Currency, performance measurement, statistical methods