Owning Bitcoin is always a rollercoaster ride of emotion and monetary loss, but this morning was particularly bad. Everyone’s favorite cryptocurrency started the day at $1,150 per Bitcoin, before dropping to a low of $887.47 by noon. At one point, people were selling so fast that the currency lost $200 in value in a single hour.

According to sources reached by CoinDesk, the price drop wasn’t the result of a few large players making moves or the fault of one particular exchange, as has happened in the past. Compared to the big price fluctuations a few years ago, the volume of Bitcoin being traded is far higher these days — 37 times higher than in 2013, according to Chinese bitcoin exchange Huobi.

That would indicate that the price fluctuations are an underlying feature of Bitcoin, rather than a teething problem. Price fluctuations have been Bitcoin’s biggest problem in making it mainstream: no retailer really wants to take payment in Bitcoin when the price can fluctuate by double digits in a single hour. It also puts off serious long-term investors, given the potential for an investment to be decimated in such a short space of time.

Despite the problems, however, Bitcoin has been having a good few months. The price of a single coin has been above $1,000 for weeks, matching the previous all-time highs in the early heyday of Bitcoin.

Chris Mills has loved tinkering with technology ever since he worked out how to defeat the parental controls on his parents' internet. He's blogged his way through Apple events and SpaceX launches ever since, and still keeps a bizarre fondness for the Palm Pre.