Well, he has probably been careful to ensure that he can't lose according to his rules. If the USD to bitcoin exchange rate doubled every week for the rest of his life, he can easily maintain the claim that it will still eventually crash. If the exchange rate does crash, then he can say he was right. I can make the same claim about the US dollar. Without a time frame and price in the hypothesis, saying "it is doomed to crash" or "it is doomed to failure" is not a falsifiable statement.

I'm gloating like mad because I'm tired of the cloud of idealism that crops up in every Bitcoin article.

I want to be rid of this financial magical thinking. I ain't gonna apologize for that.

And I rather think your smug/condescending quota doubles mine.

If I were a bigger ass, I'd just write "umad bro" and walk away. That would be about at your level, seeing as you pretty much just said "I'm mad because people thought Bitcoin had a brighter future."

Not sure if you're mad at those of us that made a ton of money from holding and selling. Or are mad at those of us that wanted to trade with them. Or are you just mad at the silly people claiming Bitcoins would rule the world? Either way, you seem very mad over something that is worthy of no anger... unless you feel personally spurned by not having bought/sold as others?

I think you're mistaking my emotion here. I'm not angry at all.

I'm actually a fair deal uglier than what you think: I'm openly gloating. I have been gawking at this whole process unabashedly. I'm going "I am so right!"

I'd feel bad about it, but the whole thing is just so... _hilarious_.

I guess I don't think you understand how it works. Not everyone "lost". I can sell now at $64 and still have made a profit. A very, very, very small one compared to $266 a few days ago. There are plenty of people holding BTC that expected a "course correction" and every, single, time Mt.Gox hits lag and downtime, the price plummets. An artificial suspension on trading, at the exchange that does the huge bulk percent of trades... caused a huge slump in price?! Color me shocked. You totally saw the future on that one. I hope you're enjoying your delusional laughter.

I hope you're enjoying your delusional investments!

Seriously, _I_ have no hard feelings about this. I'm cheerful as all get out.

You're sounding pretty defensive, though.

You remind me of my friend who runs around yelling "You could have had real money". She means well, unlike you, and even she let up after I withdrew $5k in profit. I don't know why you think I'm being defensive, other than my efforts to dissuade you from being an ignorant smug ass - I assume the smug ass part isn't going away.