Great points. I feel for the people who were unlucky enough to get in at a much higher price. I am in that group to some degree in that I mined a whole bunch and didn't sell so I don't feel as much pain, but the loss still hurts. I'm excited for all of those who have a chance to get an entry point a much lower price. I am extremely bullish on the tech so I feel good about investing even if the price in the short term goes lower.
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I have seen it all in this one year, I am a person who is very actively involved in various telegram groups and I have seen a phase where there was a lot of excitement surrounding cryptocurrencies and a lot of chatter in the cryptocurrency discussion groups and now even a 1000 member group feels like a 10 member group as there are minimal discussions happening.