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?
Yes you are right, the fall of bitcoin prices is not always a bad thing, but on the other side with falling prices we can buy at a cheap price and later we will get a profit by selling at a high price.