Single pilot reported a NMAC with another aircraft at SPK non-towered airport.

Narrative

A small high wing aircraft heard me announce I was on a 45 to a left downwind for Runway 30 at SPK. He immediately said 'are you kidding me?' 'I am here and lower and have the right of way and you need to wave off right now'. I immediately waved off and announced it on CTAF. I was in no big hurry and love to fly. After moving out of the way I advised him that he needs to review right of way rules. I was closer to the airport; larger by far and moving at least 90 knots faster. It was dangerous to wave off for me as I was even in my required landing configuration. However; it would have been even more dangerous to argue and have one or both of us distracted. There were other planes in the pattern and on the runway. They needed time on frequency to announce positions. Arguing with him would have been the worst thing to do. So; to avoid a more complicated and technically correct outcome; I decided to enjoy more time in the air flying.His instructor or someone called him by name and said. 'call me when you are on the ground'. The offender then immediately said 'I am on the ground'. The instructor said 'on the phone you idiot'. So; it was obvious that his instructor was not pleased with him. He even argued with his instructor on frequency.