If noobs spent as much time doing proper market research as they are worrying and talking nonsense, they would be a whole lot wealthier by now. This stupidity is making sure that the gap between holders and regulars (dumb money) is only growing larger, and rightfully so; stupidity should never be rewarded. I thought people who entered the market in 2015/2016 were dumb, but nothing comes even close to what empty headed baboons we're dealing with right now. I know it's hard talk (reality hurts), but what's the point of being soft to people constantly making themselves look like an idiot?
The overall supidity of the people here is what keeps this market as volatile as it is right now, and there is really no end in sight. This market represents 10% knowledgeable individuals and 90% empty headed baboons. With the ratios being that far apart from each other, manipulators have the best time of their life in this market. Eventually, when all these weak hands sold their coins to institutions and other large players, this market will finally be what it deserves to be.
And what does it deserve to be? I'm really interested in hearing the alternative. Will it stop being a speculative market and turn into something else if people become more knowledgeable? Well, in fact I agree with almost everything you said about the reality and "empty headed baboons" (and definitely like the way you put it) but what I disagree with is your perception of the future and that it will change radically and to the better. The future won't be much different unless Bitcoin stops being a mighty vehicle for speculation, baboons or otherwise. But there is no shortage of monkeys anyways, so that's not likely to happen any time soon.