I can believe it. The psychology is textbook. I bought in on the original hashlets for something like $5.99 each, as did suchmoon and a lot of other early adopters. Some of us were spending coin from mining that didn't really feel like real money anyway.

suchmoon was skeptical of the unbelievable payouts from the start and hence this thread. He seemed to keep buying but I have the feeling he was doing it for the lolz (or maybe science).

I was initially open minded and bought more but once I could no longer ignore the smell I got out with my ill-gotten gains.

The psychology!