Is a network of computers scattered around the globe capable of "arrogance"?  I wouldn't say it's correct to anthropomorphise Bitcoin in this way.  Bitcoin has no awareness of the fiat price ascribed to it by the speculators.  All it knows is that there should be another block in ~10 minutes and everything else is immaterial.

People generally need to spend less time fixating on the fiat "value", because that isn't the real value at all.  If that's the sole measurement by which people are casting their judgements on Bitcoin, maybe it is they who are the arrogant (or more likely ignorant) ones.  I'd offer the idiom that "you can't put a price on freedom", but evidently it's all people are capable of.   

Welcome to the world of trading,there are different factors in play when the price goes up,it is not simply because that people are not doing any sort of trade during the sell off period and it is not because of arrogance,why you dare to invest in something which would make you loose money,if the market sentiment goes up,the price naturally will go up.There is a major resistance at $12 k and it might take some time to breach that resistance.

No matter how people will see Bitcoin, they will use it. The first thing you do when you want to buy into a coin, you buy Bitcoin first in most of the cases.
Then you use the Bitcoin to buy something else.
When you want to cash out, you exchange the other coins for Bitcoin, than Bitcoin for cash.
Maybe no one will hold Bitcoin, but they for sure will use it.

marketcap ist just a multiplication, just check ripple, got an even higher marketcap, needs insignificant price increase and is over bitcoin,

the real meaning is about social support, and acceptance, and arrogance doesnt work well lets see how it backfires at 12k

How would the price and speculation around it, can be termed as arrogance? Bitcoin is the pioneer in Cryptocurrency and that's why it is immensely popular around the world.

And the price fluctuation you are talking about is purely the nature of any speculative currency. Majority of the Cryptocurrency is priced as per the market demand and speculators play around the price to gain profit. Terming it as arrogance is probably your sheer ignorance about the market or wrong conceptualization. In either way, it makes no sense.

"Bitcoin is an arrogant technology", sounds weird to me. It's not about the bitcoin, but how the users in the world manage it as a digital asset, someone calls it a bubble. some people also think bitcoin is a tool that can make you a billionaire in just 1 year. Bitcoin is just a technology, and there is no arrogance in it that can cause its price to decline.

the detractors of bitcoins have been successful in getting us to feel that getting some bitcoins is a get rich quick scheme and not only that we have allowed them to instill in us the bitcoin faithful as well .They have been successful in getting us to think only of the price what about the other features which makes it a great currency ... its decentralization for example and if you notice this is the main and only point they have in trying to convince people to avoid it ....price , price , price .......the pricing is volatile yes but that great too because it allows new members who just wanna try bitcoins to get some at a respectable price and almost certainly make a profit in the short term.

Bitcoin itself knows no arrogance, the people around it might, which is fine as long as there's also healthy discussions.

Bitcoin has bigger enemies to worry about, don't believe in the illuminati, but there's still powerful people who see less profit.

In today's world, impudence is the second happiness. Bitcoin has gained confidence and is now confident in its abilities. We can't give up on him. The reason is very simple. There is nothing better. Even if the transaction price is $ 100 + there will be people who transfer millions and for them $ 100 is like for you 1 cent.

Arrogance of bitcoin? I disagree with you, poster, because we are the ones who give bitcoin value through our buying and selling. The truth is that bitcoin can not lose its popularity due to the prolonged price fall that is equally affecting other cryptocurrencies.