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Bitcoin currency fluctuation

Kinderis, Marius, Bezbradica, Marija orcid logoORCID: 0000-0001-9366-5113 and Crane, Martin orcid logoORCID: 0000-0001-7598-3126 (2018) Bitcoin currency fluctuation. In: COMPLEXIS 2018 - 3rd International Conference on Complexity, Future Information Systems and Risk, 20-21 Mar 2018, Madeira, Portugal. ISBN 978-989-758-297-4

Abstract
Predicting currency prices remains a difficult endeavour. Investors are continually seeking new ways to extract meaningful information about the future direction of price changes. Recently, cryptocurrencies have attracted huge attention due to their unique way of transferring value as well as its value as a hedge. A method proposed in this project involves using data mining techniques: mining text documents such as news articles and tweets try to infer the relationship between information contained in such items and cryptocurrency price direction. The Long Short-Term Memory Recurrent Neural Network (LSTM RNN) assists in creating a hybrid model which comprises of sentiment analysis techniques, as well as a predictive machine learning model. The success of the model was evaluated within the context of predicting the direction of Bitcoin price changes. Findings reported here reveal that our system yields more accurate and real-time predictions of Bitcoin price fluctuations when compared to other existing models in the market.
Metadata
Item Type:Conference or Workshop Item (Paper)
Event Type:Conference
Refereed:Yes
Uncontrolled Keywords:Bitcoin; Blockchain; Sentiment Analysis; NLP
Subjects:UNSPECIFIED
DCU Faculties and Centres:DCU Faculties and Schools > Faculty of Engineering and Computing > School of Computing
Published in: Ramachandran, Muthu, Chang, Victor and Méndez Muñoz, Victor, (eds.) Proceedings of the 3rd International Conference on Complexity, Future Information Systems and Risk. Proceedings of the International Conference on Complexity, Future Information Systems and Risk 1. Scitepress. ISBN 978-989-758-297-4
Publisher:Scitepress
Official URL:https://doi.org/10.5220/0006794000310041
Copyright Information:© 2018 The Authors
ID Code:22427
Deposited On:02 Jul 2018 12:03 by Marija Bezbradica . Last Modified 26 Sep 2018 15:49
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