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?

for the price of Altcoin is decreasing is due to the number of followers who came out and do not support Altcoin to experience the future development. so that the level of development that is on Altcoin to decline and make prices and values fall.