O comportamento da Bitcoin no Mercado Financeiro

Abstract

Bitcoin is a decentralized cryptomoeda that works with point-to-point technology, that is, it is capable of being sent from one point to another without the interference of third parties. The objective of this article is to analyze the behavior of the value of bitcoin in the market. This research is characterized as descriptive documentary and bibliographical since records of books, articles, monographs, magazines and English and Portuguese language sites were used as sources for the researched topic. First is presenting a concept of bicoin, how to acquire the currency and how it is stored, then its most obvious advantages and disadvantages and lastly the factors that determine its value. In the analysis of results, the variations of bitcoin values ​​were analyzed with the help of graphs from the years of 2013 to 2017, after each month of 2017, which was the year that the bitcoin reached its apex in the market and finally from 2018 to the month of June. As a result it was observed that because its value determined by the law of supply and demand, bitcoin has high volatility, making it unlikely to predict its future, however it is undeniable that bitcoin caused a frenzy in the market with its emergence to be innovative approach.