Perma-bulls can be annoying creatures. They belittle and slander anyone who forms an opinion different from their own whilst they hope somebody else props up the price so they can cash out later. I've seen many a posts these people will be buying if btc ever reaches xyz dollars, well here it is on clearance with a 60% discount and its crickets.

Don't get me wrong, it was a great social experiment when mining was decentralized, but now that ASIC's control the market, the price and difficulty are turn-offs to newcomers. Greed drove the market up. Now greed is driving it back down, but this time I expect a longer capitulation cycle before next ATH, if ever.