PT  - JOURNAL ARTICLE
AU  - Mark Holub
AU  - Jackie Johnson
TI  - Bitcoin Price Anomalies: <em>Peer-to-Peer (P2P) Trading on LocalBitcoins</em>
AID  - 10.3905/jai.2019.22.1.127
DP  - 2019 Jun 30
TA  - The Journal of Alternative Investments
PG  - 127--139
VI  - 22
IP  - 1
4099  - https://pm-research.com/content/22/1/127.short
4100  - https://pm-research.com/content/22/1/127.full
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