give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
I think the current dip is caused by two factors:
1. Binance API fail
2. MtGOX guy selling coins for 400M.
But the marker seems stable around 9K and alts seems to get a slight recover.
Oh, issue of binance hacked?
Make market go down?
Much of the money was lost when the binance was hacked. Approximately 20 billion dollars were stolen and the investors which didn't pull the funds in the proper time to their wallets are now begging for their rightly deserved money that is actually theirs. That situation has influenced a market very much.
Just remember the what chaos has arisen when the Tether was revealed as the back support for the Bitcoin buys. The market was also in the disorder situation but like in the previous falls market will recover and the best time to invest is now.