That's nothing. Back around Feburary I shorted a small fortune in bitcoins because I thought, "There's no way that Bitcoins could surge beyond $80 apiece in the next two weeks!"
I was wrong, and as a result lost a life-changing number of bitcoins. Had I not done that one wager, I would be able to retire and move to a warmer climate by now. And I'm not exaggerating.
Well, check this out (
http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/) and then we speak about pain and slaughter.
Well, that guy obviously has a block with learning that there are some risks that some people can't manage. He needs to put that money into a CD or trust, and leave it for his sister. I lost a fortune, but I learned that I shouldn't be gambling with bitcoins like it was monopoly money.