I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
no there is really a time that bitcoin price will go up and down so if you will panic to sell your bitcoin you should be aware what is the price of bitcoin now then you can sell your bitcoin.
Panic selling is indeed one of the key factor which is contributing in bringing the market value of the bitcoin this much down and that all those who are having some bitcoins in their wallets, they need to understand and realize this thing that doing so is not resulting in loss of their money but it is also affecting the ones who are holding their bitcoins as the market value of bitcoin is going down because of all that.