Lets see how good of an idea this is. Say your a miner and you pull your sell order out, will all other miners do the same?
With bitcoins price that continues to fall, you will hold your bitcoins and they will become worthless. Do you really want your mining operations to actually cost you money? Sell as fast as you can in a falling market, or somebody else will sell and take money that could have been yours.
Respectfully, I disagree. Your mining profit over the next 6 months, year, 2 years, is far more important than your profit over the next few days. It is actually smart to wait out a panic sell, and not follow the lemmings. Remember, the name of the game is buy low sell high, not the reverse.
Even Warren Buffet says, "Be fearful when others are greedy, and greedy when others are fearful."