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Yeah, I think the anger is a device for keeping each other from selling, but has nothing to do with how this situation arose.
by bgutierrez 6y ago
Yeah, I think the anger is a device for keeping each other from selling, but has nothing to do with how this situation arose.
- EGreg 6y agoHODLers also use emotion and ideology to keep from selling. It’s decentralized motivation to coordinate!! :) Someone would do well to inspire a cult following and a viral one at that... then it will attract people who just believe in the To the Moon rocket emojis
- chillacy 6y agoThis is some of the oldest stuff in the book in terms of human psychology: how to create group beliefs, how to punish defectors, etc. I think it might work surprisingly well, given the rise of populist movements in the past few years.