The objective of this paper is to determine the basic features of the use of mathematical modeling of the system to forecast cryptocurrency exchange rate. The study determines that cryptocurrency is the simplest investment asset being and, at the same time, the riskiest one. | Accounting and features of mathematical modeling of the system to forecast cryptocurrency exchange rate Accounting 6 2020 357 364 Contents lists available at GrowingScience Accounting homepage ac Accounting and features of mathematical modeling of the system to forecast cryptocurrency exchange rate Tetiana Tarasovaa Olga Usatenkob Andrii Makurinb Valentyna Ivanenkoc and Anzhela Cherchatad aKharkiv State University of Food Technology and Trade Ukraine bDnipro University of Technology Ukraine cZhytomyr State Technological University Ukraine dState Higher Educational Institution Pridneprovsk State Academy of Civil Engineering and Architecture CHRONICLE ABSTRACT Article history The objective of this paper is to determine the basic features of the use of mathematical modeling of Received November 23 2019 the system to forecast cryptocurrency exchange rate. The study determines that cryptocurrency is the Received in revised format simplest investment asset being and at the same time the riskiest one. Advantages and disadvantages November 29 2019 of cryptocurrency use are specified. Advantages include code openness anonymity decentralization Accepted January 15 2020 Available online emission and reliability. Disadvantages include lack of guarantees instability risk of prohibition and January 17 2020 possible loss. A model to forecast bitcoin cryptocurrency exchange rate is proposed and substantiated Keywords mathematically. The observations are the basis to develop a hypothesis the faster the cryptocurrency Cryptocurrency accounting . bitcoin is mined the more difficult it is to forecast bitcoin cryptocurrency exchange rate. Certain Intangible asset factors emphasize which may affect the cryptocurrency exchange rate trade wars of the USA with Information other export-oriented world economies China advent of IEO as the alternative for ICO and new Stablecoin drivers connected with the interest in cryptocurrency FATF recommendations for .
