No hacking... CMC just uses the highest trade price at all the exchanges it tracks. Somebody purchased $1000 worth of Monero on Bittrex's shallow market. From BCT:

Quote from: coinsolidation on September 24, 2014, 06:36:20 AM

Quote from: CryptoPiero on September 24, 2014, 06:28:15 AM
What the hell is this ??

http://coinmarketcap.com/currencies/monero/#markets
https://bittrex.com/Market/Index?MarketName=BC-XMR

Somebody used 17,000 black coin ($1000) to buy some monero (about 0.06 total) at a stupid high price on bittrex.

You may notice how easily these 'market capitalization' figures can be manipulated.

I sincerely hope that whoever bought that was buying their own sell order.

Makes sense.

Quote from: Frodo on September 24, 2014, 09:41:17 AM

Quote from: Mysto on September 24, 2014, 09:31:26 AM

Quote from: xeroc on September 24, 2014, 08:55:59 AM
If you have invested in monero you should read through this and consider further steps:
http://bullbearanalytics.com/2014/09/23/whats-going-monero/

(disclaimer: not an investment advice of any kind - pure informational purpose)

The last update says nothing has happened... so it seems like it was just a FUD campaign to me.
"**Update 4** : BCX's postponed deadline has now also passed and no attack has occurred."

True but what was going on with that market cap?

Oh coinmarketcap was just hacked. I remember a couple months ago when dogecoin overtook bitcoin on coinmarketcap. That was a good laugh. This time the hackers made it somewhat more believable because they didn't make monero market cap larger than bitcoin.

Quote from: Mysto on September 24, 2014, 09:31:26 AM

Quote from: xeroc on September 24, 2014, 08:55:59 AM
If you have invested in monero you should read through this and consider further steps:
http://bullbearanalytics.com/2014/09/23/whats-going-monero/

(disclaimer: not an investment advice of any kind - pure informational purpose)

The last update says nothing has happened... so it seems like it was just a FUD campaign to me.
"**Update 4** : BCX's postponed deadline has now also passed and no attack has occurred."

True but what was going on with that market cap?

Quote from: xeroc on September 24, 2014, 08:55:59 AM
If you have invested in monero you should read through this and consider further steps:
http://bullbearanalytics.com/2014/09/23/whats-going-monero/

(disclaimer: not an investment advice of any kind - pure informational purpose)

The last update says nothing has happened... so it seems like it was just a FUD campaign to me.
"**Update 4** : BCX's postponed deadline has now also passed and no attack has occurred."

Quote from: xeroc on September 24, 2014, 08:55:59 AM
If you have invested in monero you should read through this and consider further steps:
http://bullbearanalytics.com/2014/09/23/whats-going-monero/

(disclaimer: not an investment advice of any kind - pure informational purpose)

Interesting read, but still not sure what really happened.

If you have invested in monero you should read through this and consider further steps:
http://bullbearanalytics.com/2014/09/23/whats-going-monero/

(disclaimer: not an investment advice of any kind - pure informational purpose)

Quote from: Empirical1.1 on September 24, 2014, 08:14:22 AM
That's funny  :)  I saw that briefly too.

I find Ripple & Litecoin being briefly ahead of BTSX equally amusing :)

Once the BTSX kinks get sorted out, I'll find Bitcoin being temporarily ahead funny too.

+5%

That's funny  :)  I saw that briefly too.

I find Ripple & Litecoin being briefly ahead of BTSX equally amusing :)

Once the BTSX kinks get sorted out, I'll find Bitcoin being temporarily ahead funny too.

The Crypto space never cease to amaze me.

lol :-D

 :) :) :)

No how could this happen they doubled ltc market cap and pushed btsx to 5^th. How could they get a 300 million market cap in a day with only $200K volume.
It's funny for a split second I believed it.