Some of the replies seem a bit classist. This implicit, or not so implicit,
association between poverty and crime just doesn't hold true from my
experience. I live on the east side of Austin and virtually my entire
commute is through lower income minority neighborhoods, including my own.
I ride home in the evening sometimes and go by two housing projects and
several low income apartments and have never been hassled by pedestrians. I
have about the same issues with drivers I have in any other part of town,
maybe a little less.
In case you're thinking I "fit in" or don't have a bike worth stealing,
that's not the case. I'm a middle aged white guy (the only one living in a
10 block radius) and ride either my custom One-Off Ti touring bike or my
custom Spicer Ti fixie. We decided to live in the neighborhood we do
because we feel perfectly safe (in the 5 years we've lived there we've had
zero problems with crime, unlike in the "better" neighborhood we moved
from). We also felt silly paying the insane price of residential real
estate in other parts of town, especially when we could buy a brand new home
and spend the disposable income on bikes, travel and other recreational
interests.
As far as the OP's question, I think he responded appropriately. Discretion
is usually the better part of valor. Actually, though, it sounds more like
some guys drinking and one in particular acting stupid kidding around in an
inappropriate manner.