RE: EOS, Mike Novogratz and the Psychology of Inflated Expectations
Hi, you made a good post. Intresting that you had many views and so few votes while some posts regularly get more votes than views!
It's true there was a lot of rediculous calls on the Telegram chat People jokingly dropping names while others kept asking what time the announcement was.
It seems to be the behavior that goes with announcements of announcements, the hype and unrealistic expections started with hints and rumors of lots of big deals and jokes of legendary partnerships by members of the Block one team some weeks ago.
Announcements of announcements in a speculative market are made for one reason alone and "collective mania" if that is what it was is a part of that.
The price chart you posted does tell the story. thanks for sharing 👍