Fearless Of Missing Out narxiFOMO

RT @IamBombus: @mini_fibo "This is subconscious information processed by your brain, helping you avoid feeding feelings of FOMO or FUD if y…

In light of the @BitgetWallet FOMO Thursday campaign of trading $TPS on Bitget Swap, I wanted to share discuss a bit about: 1. by trading $TPS, what exactly you're trading 2. why the TPS token is an important step stone for the Trends platform long term On point no.1: for those who trade $TPS, you're trading a social post, a moment (and an important one) when Trends Points launches, a belief that Trends Points will be valuable. On point no.2: $TPS is not an abstract concept - it's a tokenized social post with historical importance. Hence a community can rally around it - around the belief that @trendsdotfun can ultimately be a widely adopted social protocol, and around the notion that the launch of Trends Points is the genesis moment of everything. In a world where more and more people start to believe that everything trades, people still need to see that a social post can worth $1b, and we are here to prove it. Last but not least, while I constantly argue that certain content can be coined and could be traded well (because potential consensus and community , I absolutely disagree that all content should be coined. Certain content that is highly news worthy and have an explosive traffic over a few hours, is likely better engaged on chain with gamification mechanism (investing in this tweet at x likes) rather than with coins. But let's keep this 👀 for now and we'll talk about it more in October :) trend is good

鉴于 @BitgetWallet 举办的在 Bitget Swap 上交易 $TPS 的 FOMO Thursday 活动，我想分享和讨论几点： 1. 交易 $TPS 时，你究竟在交易什么 2. 为什么 TPS 代币是 Trends 平台长期发展的重要垫脚石 关于第一点：当你交易 $TPS 时，你交易的是一条社交帖子、一个时刻（而且是非常重要的时刻）——Trends Points 的上线，以及你对未来 Trends Points 会有价值的信念。 关于第二点：$TPS 并不是一个抽象的概念——它是一条具有历史意义的社交帖子的代币化形式。因此，社区可以围绕它凝聚——围绕着 @trendsdotfun 最终能成为一个被广泛采用的社交协议的信念，以及围绕着 Trends Points 上线是这一切起点的共识。在一个越来越多人开始相信“万物皆可交易”的世界里，人们仍需要看到一条社交帖子也可以价值 10 亿美元，而我们要证明这一点。 最后但同样重要的是，虽然我一直主张某些内容是可以被铸币化并且能够被很好地交易的（因为潜在的共识和社区力量），但我完全不同意所有内容都应该被铸币化。某些极具新闻价值并且在几个小时内能引发爆炸式流量的内容，或许更适合通过链上的游戏化机制来互动（例如“在这条推文点赞数只有X 时投资这条推文”），而不是通过铸币的形式。至于这一点，暂时先留个悬念 👀，我们会在十月再深入聊。 trend is good

PvE means outside $$ coming in. You need perp traders getting fomo, you need technologists coming in to buy $GOAT, you need your uncle buying $TRUMP, you need a marginal buyer and a lot of them before it becomes PvE again. I don't see that quite yet.

Talking to normie friends lately, a lot of them are sitting in stables and cash, “waiting for the crash” or a clean bear market before they get in. My theory is that market grinds higher, then rips. That’s when the normies finally FOMO in… right at the top.