It wasn't Bungie who ruined the game. The original meta was pretty cool, no bs, no drama. And then along came the shitty community. We want this. Remove that. Nerf this nerf that. You need to point the fingers at yourselves for allowing it.
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Is the game ruined? If anything TTK did some good things with Destiny, but at the same time TTK has a shorter life span than the previous expansions. The first time watching the TTK opening cinematic was great and walking through the destroyed cabal base like it was silent hill was fun. The first time. Going and walking out on that antenna, and then just shrugging off the lighting like a BA to become a stormcaller was great. The first time through Kings Fall was fun, and same for hard mode. All of the one time events in TTK were better than they were in Year 1. However, that said i think most would agree that the set of weapons for year 2 is just less satisfying than the weapons in year one. I also think most would agree that not only needing to get a boot or a helm as a drop but also needing to get it as the right light level was a mistake. So the stuff you can only do once was much better, but the sustainable stuff that keeps people playing week after week was not as good. If my friend's list is any indication most of the level-headed people are just playing other stuff right now. Hopefully they return when there is new content.