TY - JOUR T1 - Bitcoin Price Anomalies: <em>Peer-to-Peer (P2P) Trading on LocalBitcoins</em> JF - The Journal of Alternative Investments SP - 127 LP - 139 DO - 10.3905/jai.2019.22.1.127 VL - 22 IS - 1 AU - Mark Holub AU - Jackie Johnson Y1 - 2019/06/30 UR - https://pm-research.com/content/22/1/127.abstract N2 - 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 ER -