Post
Topic
Board Altcoin Discussion
Re: what causes the price of altcoin down?
by
Adalwolf
on 17/07/2018, 03:46:06 UTC
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.
usually affecting the price of a coin is its development. so that with the presence of a declining development able to make the price of coins falling.
so keep it very good to keep the existing coin prices like Altcoin.