The difference is the participants and that cannot be overlooked. The very early adopters of bitcoin were TRUE Libertarians. I know because I have been following Libertarian economists and their media channels for years, before bitcoin even existed.So just because a 93% drop was only a few hundred points compared to the 8000 point 40% drop, I guess it wasn't relevant?
Many people who are now buying bitcoin or interested in doing so haven't got the foggiest idea what fiat means nor are they anti-establishment. They want to own bitcoin because they think it will make them rich.
If missing out bothers you so much, take out a penny-bet position like the rough, tough, gruff northerner
I might do so just for the fuсk of it, because I know the difference between tarding and real investing. Although I don't think my penny-betting broker allows me to trade such small amounts...I need to find a penny-betting broker which has a baby rattle as its logo...