A hard hit may not be a bad thing, stopping the irrational game in time to really save bitcoin. It would be a real disaster if bitcoin were allowed to become a highly speculative target.
I think the price reduction is a good thing. What do you think?
This is not a bad thing for me, because I'm in a few months ago sold all my bitcoin, the prices will not damage to me, I can buy the bitcoin at a lower price. I think now that the price of bitcoin is controlled by the whale, it becomes a tool for them to make money. Fortunately, I don't lose a lot of money.