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Discord bans r/WallStreetBets server, subreddit went private for a while

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Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#101
post #15

Earlier quoted context omitted.

Private. Not offline.

Same difference. Obviously a subreddit can't go offline without reddit going offline.

Going private is an action taken by subreddit moderators. Banning the sub is done by Reddit itself.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#102
post #4

Earlier quoted context omitted.

The r word isn’t nice. But that cannot be the reason to ban the server. This sounds like an excuse. They mention fraud several times -but say it’s NOT because of fraud— but I almost perceive a wink when they mention it like that.

There is nothing wrong with the word retard. It’s a legitimate dictionary word. Every few years the PC police has to arbitrarily decide that something is morally unfashionable and then they convince everyone that if they don’t replace it with an equivalent string, they’re somehow bad people. It makes no sense and everyone goes along with it. Whatever the current replacement is, that will probably be disallowed in a f…

> There is nothing wrong with the word retard.

Well, sure, in that it's a word with lots of nonproblematic uses.

> It’s a legitimate dictionary word.

This implies probably a more normative role for dictionaries than is appropriate, but, sure, it is. However, as a noun applied to people (as distinct from the verb meaning “to slow down” or the noun meaning “a slowing down”) it’s one which every dictionary I can find flags explicitly as “offensive”, so insofar as one uses dictionaries as arbiters of usage, I think there clearly is a problem with the use of “retards” in question.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#103
post #14

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…

Discord, a monopoly?

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#104
If you've *seen* the moderation (or the lack thereof) you'd understand why it was banned. Place was crazy with all kinds of nasty language. I'll admit I joined early on but I also left early on after seeing how lax the moderation and how much of a toxic mess it was - even more than the sub.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#105

Earlier quoted context omitted.

You’d be surprised what kind of asinine bullshit they will ban a server over. Feels like everywhere you go these days some real or virtual administrator is pre-determining how much risk you’re allowed to put yourself in.

I joined the server and the first thing I saw was a mod saying the N word with hard R. Check their history and there's literally pages of it. I didn't appreciate that so I reported it and left. - Lots of people confusing this with not liking WSB. The other WSB discord which was linked to the subreddit was fine even though it was barely moderated. Rough around the edges like WSB tends to be... but fine as a place to h…

[deleted]

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#106

The Reddit just got set to private too: https://www.reddit.com/r/wallstreetbets

The bots were getting overwhelmed, u/zjz said that they set up more strict moderation rules and were running into rate limiting due to the traffic. Maybe reddit can whitelist them or something.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#107
In all fairness, the reddit got absolutely flooded with new, unwanted, pump-and-dump _crap_ over the past few days... I wouldn't be surprised if this were a reaction less to GME and more to randos loudly announcing the laws they were breaking

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#108
post #78

Earlier quoted context omitted.

Market manipulation is not anything that "affects the market." That definition would cover pretty much any and all behavior. In this case Discord is not trading securities, is not telling any one else to trade securities, has nothing at all to do with securities. If I run an email service and find that a user is running a pump-and-dump scam through it, do you really think I shouldn't be able to shut down their accoun…

Yeah, I didn’t mean it in the legal sense. It was just interesting that this decision can cost certain people millions of dollars. But that’s true of many actions in the world, as you say.

"Market manipulation" is what we call it when you affect markets illegally. If it's not illegal, it's not manipulation. For example, if I buy a bunch of stock in a company it will usually raise the stock price. That affects the market but is not illegal and is not manipulation.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#109

Someone likely paid the platforms and/or admins to take them down

Did you're read the article, and the statement Discord put out? I think the stated reason is the believable. > Discord says it did not ban the server for financial fraud — rather, it was banned because it continued to allow “hateful and discriminatory content after repeated warnings.”

Yeah. I’m no fan of Wall Street but there is definitely a lot of rabid vitriol around, for example, Citron, and I really would not be surprised if people were stepping over the line and calling for violence.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#110
post #46

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…

My rough understanding is that the sub is required by Reddit admins to perform certain actions related to every submission (and even maybe every comment) which, due to API limitations, they could no longer do automatically.
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