Kostenko T.
undergraduate student of the faculty of economics and law, “Toraigyrov University”, Pavlodar, Republic of Kazakhstan

Abstract
Cryptocurrency is a type of digital currency, accounting of which is provided by a decentralized payment system that does not have an internal or external administrator or any of its analogues, operating in a fully automatic mode. Сryptocurrency by itself  does not have any special material or electronic form – it is just a number indicating the amount of data of the units of account, which is recorded in the appropriate position of the information package of the data transfer protocol that is often not even encrypted, like all other information about transactions between the addresses of the system. It is important to have an idea of what changes may occur with the prices of cryptocurrencies in the future in order to make informed decisions about the allocation of investments and also take into account the risks associated with investing in them. This, as well may be necessary for regulators and legislators to develop up-to-date legislative framework.

Keywords: cryptocurrency, pricing, assets, bitcoins, monetary unit, electronic currency, blockchain, volatility, crypto exchanges, inertia (momentum).