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Falling Bitcoin Price a Casualty of Software Civil War
The Bitcoin price is getting hammered as a result of a contentious and emotional debate over Bitcoin's future.
As the debate over the best way to scale the Bitcoin network to handle the ever-increasing number of transactions has escalated, the Bitcoin price has plunged. It's down 21% since July 28.
As long as this fight continues, the price of Bitcoin will suffer.
Here's why this has gotten so ugly, and what will happen next...
The Bitcoin price is getting hammered as a result of a contentious and emotional debate over Bitcoin's future.
As the debate over the best way to scale the Bitcoin network to handle the ever-increasing number of transactions has escalated, the Bitcoin price has plunged. It's down 21% since July 28.
As long as this fight continues, the price of Bitcoin will suffer.
Here's why this has gotten so ugly, and what will happen next...