The real question is, who bought at $250+? What were your thoughts at the time?
This forum was full of people shouting about the price heading to $1k and how it was time to buy. They were either talking up the price of their much cheaper bitcoins or had actually bought at that price and wanted to see it continue higher. Many people including myself pointed out the absurdity of the exponential price growth yet many justifications were developed by those that didn't see the bubble for what it was. Cyprus, Chinese speculators, a blogging website accepting bitcoins, etc. None of that mattered and still doesn't.
It's not different this time.
