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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-08-20] Why the Bitcoin Price Is Falling – and Why It's Not a Crisis
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ganabb (OP)
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August 20, 2014, 05:51:01 AM
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https://moneymorning.com/2014/08/19/why-the-bitcoin-price-is-falling-and-why-its-not-a-crisis/

When the Bitcoin price started falling 10 days ago, it took many by surprise because the digital currency had been stable for weeks, hovering around the $600 level. It has since slipped nearly 19%.

The Bitcoin community has been searching for answers to the price drop, and the most likely explanation is one that most seasoned investors will recognize.
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What is a hardfork?
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August 20, 2014, 05:58:56 AM
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Seems like a logical explanation for what happened to me.  The same thing has happened with the broader stock market too, just usually on a much smaller scale since the stock market has a lot more volume than the bitcoin trading market does.
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