Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.
Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin

Peak = $1185
Current = $850
Hmm, $1185-$850 = $335
Lost $335 in less than 2 days, does not look like fud to me.
Kind of scary , how on accurate my prediction is .

That actually is kind of scary! You must be God himself.
Sorry, but it was very predicted. The price climbed a lot too in 1 or 2 days, the normal is to decrease 300$ or more. It will continue decreasing, but won't reach lower than 500$. Now I don't know with sure when to buy bitcoins again.
I will wait until the price stop decreasing, must watch to see when this will happen. Of course bitcoin won't be destroyed.