Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
Perhaps I am taking poetic license in claiming that a Bitcoiner has taken a 50% haircut just because Bitcoin is down 50% in the last two months, but perhaps not. billyjoeallen has stated that he maxed out credit cards to buy into Bitcoin back in the day. That means, he didn't have a bean to rub together, and got into debt to invest in Bitcoin. A absolutely crazy risk that only someone 'in the know' or a complete zealot nutter woud take.
In this case, his death or glory gamble has paid off for him. However, because he is the sort of fanatical nutter that would indebt himself in order to get in on a highly volatile asset, I imagine that most of his wealth is still in Bitcoin. If you have followed the bullshit he has polluted these forums with over the past two months you will know that:
A) He is a holder
B) He completely lacks the ability to read markets
Taking all this into consideration, billyjoeallen is probably worth around half of what he was worth in USD two months ago.
It is a fair comment, I think.
That reminds me - got to get down to my local Tunisian barber. A bargain at 6 Euros a shot!
U in Ireland?
I got the impression that you were a fellow Scot.