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.
I know it was, it was obvious. That's why I made the thread "I don't want a $2,000 bitcoin by February" because I knew people were getting greedy and the price was rising too fast. Be lucky it didn't get that high or the crash may have been worse. It seems as though we've seen the worst of it but who knows.