Just how much do you have to lose? Why don't you make a donation to charity? Would be a better reason to write something off.
Appreciate that you refrain from calling people chicken little. I believe if you knew the things I have done you would say I had too much balls and faith in the sky staying up.
Also, you are the chicken little here if you are talking about writing this off. Many people have much to lose here, and not just the people making decisions or people who can afford to lose the money like you. Stop being so self focused for a change.