more details please?
As for your question, two things - why did you only invest at 1k if you say you are technical? Sure everybody heard about bitcoin the first time in 2012, just that most people dismissed it as non-practical. Hence stupid, won't understand the brightest idea unless pushed into it forcefully by greed. Did this mistake myself, in 2009. And second - why do you care what the price is? It's amazingly well at 500. One day it will be worth more, but you can build services on bitcoin network regardless of the price. Ignore the price for several years, or end up like all the greedy ones who buy high, sell low, then curse bitcoin for years
So yes, people are stupid, all of them.