Quote from: donpepot on March 11, 2018, 01:26:05 PM

Quote from: sbtctalk on June 01, 2016, 12:03:54 PM

You can trust the Chinese in China to continue buying up the coins and driving up demand.

Panic selling may occur after a sudden, sharp decline in the price of a security. Panic selling does not involve an evaluation of the fundamentals of a stock or market conditions. Rather, it is usually the result of an emotional reaction and fear, causing sellers to want to get out of an investment without regard to the price or cost.

most people that panic sell are idiots. When the market takes such a big hit it is usually from the collective. Huge whales will more often than not sell all their coins via OTC.