[bdcravens]

Also, keep in mind this is nothing new. When it fell from $30 down to about $3, I heard the same complaints. Lot of people made a lot of money then; a lot have made $ now. Conversely, many lost huge then, and who knows what will happen now. It became so bad it cost more to mine than the resulting coins were worth, and I turned off my rigs. (Eventually sold them)

Bitcoin is a volatile, fun place to be. It's easy to convince yourself when it shoots up that you're a freaking genius for getting in it. When it goes down, the detractors think they're the ones with the clue. I think both groups suffer from confirmation bias, and this thing has several years before true stability.