It may be a good thing, anything that does not kill you makes you strong. The selling will wipe out the bears allowing those with more holding powers to stay on.
Nope....hoarding bitcoins will never work. All that confidence game does is lower lows and lower highs.
No one should do the work for the hoarders...even at 1 cent.
Lets see what the next group of bag holders has to say...this group was amusing, and people like Immanuel Go never did see that they were the ones duped.