Hacker News new | ask | show | jobs
by moralestapia 1517 days ago
>Maybe it's the sunk cost fallacy.

It is 100% a sunk cost fallacy. Can't blame them, though, if you had 10-100M in virtual money, gimmick or not, would you let it go? Of course, not.

3 comments

I wouldn't "let it go" but I would convert it into fiat as quickly as possible.
It doesn't convert, you sell it to the next rube. The cycle continues.
maybe people have such gains on ETH that they don't care the price of gas
That's unsustainable and short-sighted. Good point though, that can very well be the reason for lots of devs.
It's not difficult to cash out 8~9 digit sums though.