I believe it is just not about panic... It is about the attitude, the attitude to make money initially and get out of the market/ICO. Most of the people who do this are not sure if the ICO will work or not. Quite a few of them are not even bothered if the ICO works or not. It is the attitude of just to make money.

Some of us are still not matured enough deal with the manipulations and FUD. However I believe, I m generalizing things here.