As probably many of you I usually checked coinmarketcap.com to see how the market is doing.
While I enjoy a sea of green more then a bloodbath like this and was checking if there is any reason for that sell off, I read
that coinmarketcap changed their formula how they calculated prices.
As you might know Korean exchanges often have way higher prices as fe coinbase.com, which drove the average $ higher than it actually was for many of us.
Now this premium is not included anymore in coinmarketcaps calculation.
Afaik there was no anouncment of them that they will change that.
I am not sure why they changed it as the Korean market has a lot of volume.
While the sea of red might triggered some panic sells, I am hoping to get some cheap altcoins if they keep loosing in BTC value and waiting for the green to return.
