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A comment on GameStop Is Rage Against the Financial Machine. Parent comment

Re:GameStop Is Rage Against the Financial Machine by EGreg on Wednesday January 27, 2021 @08:59PM (#25937138)
HODLers 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

[ Parent | on HN ]
Re:GameStop Is Rage Against the Financial Machine by chillacy on Thursday January 28, 2021 @01:24AM (#25938867)
This 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.
[ Parent | on HN ]