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ERROR ASSESSMENT IN FORECASTING CRYPTOCURRENCIES TRANSACTION COUNTS USING VARIANTS OFTHE GREY LOTKA-VOLTERRA DYNAMICAL SYSTEM
  • Paul Gatabazi,
  • Jules Mba,
  • Edson Pindza
Paul Gatabazi
University of Johannesburg

Corresponding Author:[email protected]

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Jules Mba
University of Johannesburg
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Edson Pindza
University of Pretoria
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Abstract

The error assessment is made on the classical Grey Model (GM(1,1)) and the variants of Grey Lotka-Volterra dynamical system namely the Grey Lotka-Volterra Model (GLVM), the Fractional Grey Lotka-Volterra Model (FGLVM) and the Variable-order Fractional Grey Lotka-Volterra Model (VFGLVM) for modeling the transaction counts of three selected cryptocurrencies in 2-and 3-dimensional framework. Bitcoin, Litecoin and Ripple. The cryptocurrencies of interest are Bitcoin, Litecoin and Ripple. The 2-dimensional models use Bitcoin and Litecoin transactions from April, 28, 2013 to February, 10, 2018. The 3-dimensional model uses transactions of Bitcoin, Litecoin and Ripple from August, 7, 2013 to February, 10, 2018. The error sequence patterns and the the Mean Absolute Percentage Error (MAPE) suggest a relatively higher accuracy of the VFLVM in 2- and 3-dimensional study.