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RE: Did the Market REALLY crash?
If that's the case, it only means there are a lot of people who have no idea what they are doing (especially wannabe traders). We can't held a market cap website accountable for the voluntary actions of millions. Nonetheless, it would't hurt for coinmarketcap to give a homepage notice on the calculation change.
@fmalafaya You are right, coinmarketcap should've given some kind of notice may be even before implementing the change to give people some time to understand what it means. As the price plummeted so fast I think panic was sort of natural. I even questioned my own judgement (which I hold pretty highly :D just kidding).
Ah well may be we will all be more aware of this in future :)
Most of people were caught off guard, but most people are not full-time on this, thus not having the time to collect market info. Full-time traders have this capability. If you are a long-term holder this is just another day. If you are a wannabe trader you'll get burned!