Yes, he over simplified.  What he should have said is that by the same logic Satoshi was "responsible" for the BTC pump from <$0.001 to >$1200 and should have been "responsible" when it subsequently crashed to less than 7% of that amount. Satoshi should have been responsible for the price of BTC after SilkRoad seizures, and Chinese and Russian 'bannings', and of course Mt. Gox.  

It's funny that no one ever seems to scream "the dev should stop this madness" when a coin starts being manipulated into a parabolic rise to unsustainable levels (usually on nothing more than hype and shilling)... after all, that's a free, unregulated market.  On the other hand if a coin loses value at all, or even gains but gains nearly nothing... it's the devs' fault that everyone lost/didn't make enough money.

It seems to me that I remember the earliest buys I made in BC being for around 2000 sats (hours after it got listed)... so despite it being dumped to less than 500 a few weeks later... let's call that the 'initial market value' of a BlackCoin.  The current price represents a little over a 300% gain on those prices.  Seems like rat4 did his job then.

Now if you are someone that purchased initially during the irrational and artificial pump to ~97K, or if you bought more of your holdings at that level than at the earliest ones... then it's certainly not a gain and perhaps is a huge loss for you.  But unless you can show me where rat4 (or any other dev for that matter) held a gun to your head and made you push BUY on the exchange... there's only one person to blame. If you don't have a mirror, I would suggest getting one so you can yell at the responsible party face to face.  

Did rat4 created BlackCoin? Yes, and he is still maintaining the code base and you can follow that on github.

Did rat4 created BitBay? No. rat4 has nothing to do with dzimbeck and BitBay.
Why should rat4 be responsible for that?

I'd like to respond sucksyd, but to be totally honest your posts give me a headache just trying to figure out what the hell you're actually saying.

If there were such a thing as "textural vomit" I would have to say you've mastered it.  To be fair, I'm sure English isn't your first language, and I probably would look just as illiterate attempting to communicate in whatever your primary language is.

every body has the rights to talk ok?and,they are all also free to criticize ,arent they?as i once said rat4 has its team and community so he should be responsible.
do people care if bill gates created the name ---- microsoft or if steve jobs created the name ----apple?
dont you think both of them should be responsible for the consequences of their so called products?
if those two should be,why doesnt rat4?
thats is,and i do not remember him discussing with e.g. clowns like you .
what i do is not about money but about faith .you do not understand because what you care is the chicken feed interest .my myopic  friend.

man,you reply with more reasons and logic.to be honest ,i did not hold those pos coins dreaming about a bright future.when the price is 100 sato i left .although i predict right,i still feel frustrated coz during the time ,nobody did anything except david zimbeck popping to scam with his black coin background.
sorry i give a inappriate paradigm .i should use android and ios.i wish rat4 to do something or blackcoin will be defined as a scam such as other open sourse coins which are dead meat.
sorry for what i said about the kenyan thing above.
 

Randy, this promotion is still going on, and congrats being one of the winners that receive the 50 Blackcoins.

http://www.reddit.com/r/blackcoin/comments/2n2xp4/raising_staking_awareness_foundation_to_give_out/

I think BC is just dying a slow painful death... All Alt roads seem to point to DRK now, just a question of how long it takes...

wow, i thought it could not become more stupid, but you are proving me wrong.
So you say that you LEFT BC at 100 SAT (where it never was), yet you waste your and our time bitching around here?
If you did not notice anything happening with BC except Halo it's probably your fault.
And what does Android and iOS have to do with rat4? Go ahead and develop a client (I'd love to see the source code regarding what you call "logic", need a good laugh every now and then).