Not at all.
I guess that some earn for a living from tiny percents here and there and shaking the weak hands is one of their strategy.
Of course, everyone panicking on these moves forgot to zoom out and take a look to the full picture. And of course, "hard" words like crash can "help" them panic.

Actually I find this topic more useful at Beginners & Help, maybe it can help some of the newbies come to their senses