^The reason OGNasty favors that nonsense--he likes to make his "fans" believe they're making money as they lose it 
TL;DR: He's not stupid, just banking on the stupidity of others.
As promised, I compiled all of the publicly available information dating back to the GLBSE days. All statistics are averages based off of the actual seat trades using the daily USD conversion rates.
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TL;DR: He's not stupid, just banking on the stupidity of others.