meguce pfp
meguce
@meguce
There was only one condition for this movement. Keep 10,000 degen in your wallet. There were people here whose allowance was 50,000/day. Despite this, the price did not drop in claims.
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wake 🎩 pfp
wake 🎩
@wake.eth
if the conclusion is "and if we do that again we get that result" you're missing two key facts. >effect of macro >effect of CIBs and their strategy We can't recreate those two and so reinstating the simple allowance won't create the buy pressure you want.
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meguce pfp
meguce
@meguce
Yes. I was just emphasizing the simplicity. It was simple to join. It was effortless. The rules and moderation were in the background.
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wake 🎩 pfp
wake 🎩
@wake.eth
Sure. Just be aware the simplicity is not what produced the effect you're highlighting. And while the moderation rules were in the background, foreground enforcement actions created massive controversy and helped unwind the parabola (CIBs exiting).
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meguce
@meguce
Thanks for explanation. And sorry for misunderstanding.
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wake 🎩 pfp
wake 🎩
@wake.eth
No apology needed, sir. I too yearn for the glory days and do wish it were as simple as "pay the doorman 10k to play" -- alas, that only appeared to work and, truthfully, created the mess we're in now. The parabola was mostly unavoidable but imo /really/ messed up our maturation, culturally and chart-wise.
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