JSAI2020

Presentation information

Organized Session

Organized Session » OS-1

[2E5-OS-1b] OS-1 (2)

Wed. Jun 10, 2020 3:50 PM - 5:30 PM Room E (jsai2020online-5)

鳥海 不二夫(東京大学)、笹原 和俊(名古屋大学)、榊 剛史(株式会社ホットリンク)、瀧川 裕貴(東北大学)、吉田 光男(豊橋技術科学大学)、高野 雅典(株式会社サイバーエージェント)

4:30 PM - 4:50 PM

[2E5-OS-1b-02] Fraud in the cryptocurrency market: a model for predicting HYIP activity pattern

〇Joomi Jun1, Takayuki Mizuno2,1 (1. The Graduate University for Advanced Studies, SOKENDAI, 2. NII)

Keywords:Cryptocurrency, HYIP, Fraud

HYIP is a type of high-risk investment that guarantees high returns but no safety. The profits given to investors lead to repeated investment behavior with positive feedback, and the herd behaviors of investors lead to the exponential growth of investment funds. This mechanism is similar to the bubble in the stock market. In this study, we analyze its mechanism using data from the cryptocurrency. We also forecast the growth of HYIP funds by applying an LPPLS model that predicts the stock prices in the bubble.

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