You wrote:
Now the reason for this fall is complicated but most of it can be attributed to the near parabolic rise in the price lacking proper corrections on its way up and a whole truckload of fud put out by traders, mainstream media and even governments. This was a co-ordinated effort to bring prices down and it worked!
You really believe traders and the government worked to together to reduce the price of Bitcoin? If so, why now and not a year ago or five years from now?
Its just the way markets work when they are unregulated. They can dump and buy back cheaper and pump. There are no SEC rules keeping them from manipulating the market and that brings the volatility that we see. I guess I'd just say to everyone to try to keep their heads up and retain their dignity through this. If you've sold then I understand and if you are HODL I wish you the best of luck!
Because now they can scoop it all up at discount prices...common sense really.