Reading through some topics and replies in the speculation board today makes me realize that people have a short-term memory on Bitcoin. They quickly forget about what happened in the past. Even though they know what happened, they don't factor it into their thinking.
For example, if the Bitcoin price is pumping, people act as if it will keep pumping forever, like there will be no more dip. They talk about how it is impossible for Bitcoin to dip to this price and that price.
Then, if the price is dipping, people talk and act like it's going to be a dip forever or at least act like it's something new. Like it's not normal with Bitcoin.
Currently, some people are already complaining or talking about how Bitcoin has been moving sideways for a long time. Was it not just this month Bitcoin broke through the 90,000 dollar mark and has already gotten a monthly all-time high of about 97,000 dollars, and now it's currently around 95,000 dollars? So, how fast do people expect Bitcoin to move? Is this not the normal pace of Bitcoin? Or is there something I'm missing? It was mostly moving around 80,000 dollars last month, and this month it's going at 90,000, is that not growth? I think it is.
It pretty much depends whom you talk with about Bitcoin, my friend. There are long term investors who do not complain at all with the behavior of the price because they are in for a long ride, probably those people you are talking about were traders who opened positions at 97k$ and now (since the price has decreased) they are starting to feel panic over their positions and the fact they could be losing money.
However, I must say I agree with you when you point out how some people inded seem to have a very short memory nowadays, but that does not have anything to do with Bitcoin. It has much to do with fast dopamine and people getting addicted to Instagram and TikTok.