I Picked a Blackhead at My Hairline and a Hair with Root Came Out

i woke up today, and noticed i had a whitey yellowish blackhead on my hairline, and of course i had to pick it, and when i did i noticed it was attached to the root of a hair, a little blood came out and the actual follicle now looks red, what is this condition? and will the hair grow from that follicle again?

This is a bizarre question. We all have blackheads once in a while and they are no big deal. I doubt that you will lose the hair in the long term, but what is the value (or lack of value) of one hair?