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?

when the development that occurred in Altcoin decreased will be very able to influence the price. usually, when the development decays, the prices contained in Altcoin also declined. so it's great to seek to improve support to influence future developments and make them a major advantage.