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Bitcoin price analysis with machine learning methods

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2020
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Abstract (EN)

The blockchain was first introduced in 2008 by Satoshi Nakamoto "Bitcoin: Peer-to-Peer Electronic Money System". Bitcoin is a virtual currency in a digital environment which is not associated with a central organization or bank. Blockchain is the technology that forms the basis of bitcoin. Blockchain and bitcoin are not the same concepts bitcoin is a virtual currency, blockchain is the name of the technology that develops to transfer virtual money from one place to another. Blockchain technology can also be defined as a distributed record management system that does not require a center to operate. Due to this decentralized structure, blockchain has a more reliable structure than traditional distributed and central databases. It is impossible to change or delete backward movements, so for these negative situations, 51% of the network must be owned. In this thesis, the studies on the structure of blockchain and bitcoin, working mechanisms, and bitcoin price prediction are investigated. Used Machine Learning methods are explained. Finally, using the Data Mining and Machine Learning methods, an analysis was made on the price data of the bitcoin.

Author

Raha Khakıkhoueı

How to Cite

Raha Khakıkhoueı (Master Thesis). Bitcoin price analysis with machine learning methods, 2020, Fırat University.

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