Why Altcoins price depends on bitcoin value ? Its always going up and down when the bit coin price change.
Because it is use as converted currency in most of the exchanges. Bitcoin is also one the main currency which most coin developer base the track of their altvoin. But not all coins are dependent on bitcoin has really a good time frame which has a goal to reach a certain value in a specific time. Most of it are now also listed in the Top 100 coins. There were established coin as bitcoin, and you can see it when price does not depend on any coin.