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​woj ツ pfp
​woj ツ
@woj.eth
best way to approach moxie: assume moxie is locked and doesn’t trade yet β€” it's just points you will find out if they are worth anything 6 months from now so either keep yours or try to build a position if you believe the price is low now selling now feels like giving yourself a chance to miss out on a big thing
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@m-j-r
in one way, I see what you're getting at, and I'm inclined to wait to see if it succeeds. otoh, it is a bit disproportionate if everyone agrees w/ the impression that moxie burned into bonds is somehow "locking" those bonds in aggregate. we have more of a "won't defect" situation than a "can't defect", assuming access from block explorer is uninterrupted.
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​woj ツ pfp
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@woj.eth
yeah i don’t think of it as burning either i just approach it the same way as degen (which i sell too much too early and didn’t buy enough) degen didn’t have any buy pressure either it even pumped on every airdrop do don’t want to miss out again
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𝚣𝚘𝚣 🎩
@zoz.eth
Most of the people were not around to see the degen launch(3 months) sentiment. Ppl were calling it spam Ppl bragging about making $1000 from a 10 million degen sale Order books were thin Nobody was buying more from the exchange https://paragraph.xyz/@0xzoz/degen-employment-contract
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​woj ツ pfp
​woj ツ
@woj.eth
> Ppl bragging about making $1000 from a 10 million degen sale this one is true and hurts degen was totally forgotten and faded for the first 3 months
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@jpfraneto.eth
i would add on top of this, the sentiment around it from a personal level, from people that were (are) inexperienced on crypto this was my first /big/ airdrop, and the first 3 months i was riding a volatility that made me feel adrenaline, but always within the +/- 99% range. it didn’t happen often that it hit a 100+% price change i held through that because i saw something that made me feel that it was a good idea, but i can definitely see why some people sold at the beginning, when free money was free money without ever knowing that it could be much more free money, if you had the gut to sit on the rollercoaster for long enough
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