Many are still oblivious to the other "side of a coin": how many people are actually using cryptos (esp BTC) for their daily bussiness. Being one of these I can pretty much guarantee - btc won't go anywhere (in exception that some other, very much advanced crypto takes it's place, but that's not very likely in a near future at least) and after this DIP (yes, it is a dip, not a crash. Happened many, many times already) it will rise again. Once again: you have no ideal how MANY people use it and in what ways (I've made some serious money and keep making it, not related to tradint cryptos at all). No givernment, no legislations/restrictions will stop that, it has became a new tool in transfering wealth and it is not replacable by any other unit of wealth known to us. Wait and see. And these who lost lot of money - oh well... they should've been more patient, or if they still HODL, I'd suggest to keep on doing it, for like a year, it won't be worse than it is now, and may very well turn out a lot better.
Some of your emotional reactions baffle me. At least put some time to study the subject before making conclusions. Million dollars? What, you epected for it to reach that price in a year? Not gonna happen.. But if USAGE (not speculation) will keep making it's way as I see now, million may be real some day.