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Approach of Estimation of the Fair Value of Assets on a Cryptocurrency Market

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Book cover Digital Science (DSIC18 2018)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 850))

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Abstract

Cryptocurrency appears to be a trending payment as well as an investment asset. The substantial number of investors are willing to allocate their wealth in such specific asset in 2018. That led to the increase of the demand on cryptocurrency, which subsequently influenced on its prices a lot. Investors are considering such instrument as an alternative investment, an acceptable substitution to ordinary stocks, bonds or commodities. In that case it becomes necessary to clearly determine the approach of estimation of the intrinsic value of such kind of assets. The article examines what type of asset is closer to the cryptocurrency. Moreover, the extent to which traditional methods of assessing financial assets applicable to the cryptocurrencies is also estimated.

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Correspondence to Denis Kornienko .

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Romanchenko, O., Shemetkova, O., Piatanova, V., Kornienko, D. (2019). Approach of Estimation of the Fair Value of Assets on a Cryptocurrency Market. In: Antipova, T., Rocha, A. (eds) Digital Science. DSIC18 2018. Advances in Intelligent Systems and Computing, vol 850. Springer, Cham. https://doi.org/10.1007/978-3-030-02351-5_29

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