Draconity is nothing but ridiculous, fucked up belief that someone is a dragon in human form (see other definitions).
That alone is worth of few lulz
Unfortunately, draconity doesn't end in being stuck up, arrogant, self-centered asshole;
no, those sick fuckers are just as hateful, ego maniacal bigots like all furries.
Sometimes they're downright murderous if you mock them.
That, too, is worth of good amount of lulz
And besides, dragons don't exist.