51–60 of 1001 posts
For those of us not in the know, what is so special about today regarding WSB? I know there's a feud with short sellers going on, but I haven't been following the details.
And they chose today as the best possible time to enact this ban? Really? I really think they should have put more thought into the timing of this decision; a lot of users are going to be upset and will suddenly start to realize that a single company has a monopoly on their online social life (this may seem like an exaggeration, but it feels quite true to me colloquially, especially if you're a younger US male and/or…
The Reddit just got set to private too: https://www.reddit.com/r/wallstreetbets
For those of us not in the know, what is so special about today regarding WSB? I know there's a feud with short sellers going on, but I haven't been following the details.
No one has any chance to coordinate now. Discord’s action is effectively market manipulation in a literal sense, because this is certainly going to affect the market.
I’m curious why the sub went private though.
EDIT: I regret my phrasing. I didn’t mean this was illegal market manipulation, just that discord is literally manipulating the market by cutting off one of two primary coordination channels.
But they’re within their legal rights to do so, of course.
EDIT2: WSB Subreddit is back; mods issued a statement: https://www.reddit.com/r/wallstreetbets/comments/l6j4r9/wher...
Earlier quoted context omitted.
The thought crossed my mind too, but if so then why?
well the r/wsb subreddit has gone private too. We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back. This seems like a DDOS attack on r/wsb well knowing that the moderators canno…
Edit: that seems to be private now too?
Earlier quoted context omitted.
And who exactly is hurt here? I've never heard of this subreddit before, nor it's Discord Server, but I do know that one doesn't just stumble upon either on accident. The only people being hurt here are the ones that went looking to be hurt. What we have here is a group of immature people, emboldened by internet anonymity, saying stupid things for the "lolz". Does anyone think they'll be more mature because their ser…
Recall not too long ago the drama over github when one of the employers simply said to "watch out for nazis" during the DC Capitol incident. We are at a point where certain languages are being banned and made illegal, you can't blame people for being worried that we are on the cusp of totalitarianism. The banning of discord and r/wsb going private is quite scary, especially given the timing. I guess hedge fund manage…
For those of us not in the know, what is so special about today regarding WSB? I know there's a feud with short sellers going on, but I haven't been following the details.
Earlier quoted context omitted.
WSB is notorious for also posting a lot of anti-LGBT slurs (for example, one of WSBs favorite insults is calling someone a "gay bear", or more commonly a rainbow emoji followed by a bear emoji, or even calling people f*gs). Also worth noting that the Discord group is so much worse than WSB the subreddit. Sometimes on the Discord server there are just people spamming the N word for no reason.
"Gay bear" is not an insult or pejorative. Most of wsb were "gay bears* in Feb - April.
For those of us not in the know, what is so special about today regarding WSB? I know there's a feud with short sellers going on, but I haven't been following the details.
Someone went from 50k to 50M by igniting a short squeeze. All eyes were on the WSB subreddit, and discord server. Now both are private or offline. No one has any chance to coordinate now. Discord’s action is effectively market manipulation in a literal sense, because this is certainly going to affect the market. I’m curious why the sub went private though. EDIT: I regret my phrasing. I didn’t mean this was illegal ma…
They considered making it private [and did briefly] during previous fiascos. At the time there were threads by the mods in which you can post so you are included but the alternative was by post history. It's very possible they've left e.g. the 10% most active posters in the sub and can still coordinate to an extent.
Edit: That seems to be the case, as their new message is "WallStreetBets is under in tents load and is only for approved submitters. In the meantime, please enjoy some spaghetti. https://www.youtube.com/watch?v=gW1GR7BECq4"
Edit2: Now changed to "We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back.