Why do people have such different reactions to the price? I think because more than anything else, the price is how you prove to those around you, that you were right about bitcoin.
Once you made 10, 100, or especially 1000x returns, no one is going to seriously argue with you about going in on bitcoin, as the left brain response of "SCOREBOARD" is too hard to refute.
It seems to me that the bitcoiners who care most about the price are those who have yet to hodl through an entire cycle and see those levels of gains.
To them, every dip further introduces doubt about their belief, while the same dip is seen as an opportunity to get more bitcoin by those who have been in the space longer.
So if you are concerned about price, or what the people you think, have patience, avoid leverage, and stay humble. If you can hold bitcoin for at least one cycle you'll prove those around you that you were right.
Just my thoughts on the bitcoin price action.
Inspired by the following.
@ODELL
@Marty Bent
@UNCLE ROCKSTAR
@Gigi
@walker
