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A comment on Warren Buffett: Bitcoin Is Pure FOMO. Parent comment

Re:Warren Buffett: Bitcoin Is Pure FOMO by notyourwork on Wednesday December 27, 2017 @12:04PM (#16016058)
I agree and it makes me wonder how much the current price is drive by these FOMO investors versus actual believers. If we removed the first group does the price settle somewhere lower like $10k? I don’t really know but the surge is interesting.
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Re:Warren Buffett: Bitcoin Is Pure FOMO by PakG1 on Wednesday December 27, 2017 @12:49PM (#16016461)
You have a third group: hungry sharks who saw the feeding frenzy and are tantalizing at ripping the shirts off of the backs of the first two groups.
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Re:Warren Buffett: Bitcoin Is Pure FOMO by AznHisoka on Wednesday December 27, 2017 @08:36PM (#16019648)
Heres a good thought experiment. How much would people pay for 1 bitcoin if they could never ever sell it(just exchange it for goods)?

another one is: how much would people pay if you did not know the true “market value”? ie you dont know what people are selling a bitcoin for.

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