Bitcoin price prediction using ARIMA model
by M. Poongodi; V. Vijayakumar; Naveen Chilamkurti
International Journal of Internet Technology and Secured Transactions (IJITST), Vol. 10, No. 4, 2020

Abstract: Bitcoin is a highly volatile cryptocurrency with rising popularity. It is a turning point in the way currency is seen. Now the currency, rather than being physical is becoming more and more digital. Due to high variance of solo mining, the number of users joining top most famous bitcoin mining pools is increasing due to the fact that users together under a bitcoin pool will have a higher chance of generating next block in the bitcoins blockchain by reducing the variance and earning the mining reward. In this research paper we are doing a survey on the technology lying underneath bitcoin's network and the various machine learning predictive algorithms. We collected the dataset on bitcoin blockchain from 28 April 2013 to 31 July 2017 which is publicly available on https://coinmarketcap.com and applied the ARIMA model for price prediction of bitcoin.

Online publication date: Fri, 03-Jul-2020

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Internet Technology and Secured Transactions (IJITST):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com