Re: what causes the price of altcoin down?

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?

the decline of the coin is able to be influenced by several factors that influence. so a lot of factors that affect, will but that often happens with its development and less stable between enthusiasts with non-enthusiasts. so the coin must maintain the stability to keep the coin up and standard.