Discord bans r/WallStreetBets server, subreddit went private for a while • Hacker News Board

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

#331

Post by Itsdijital » Thu, Jan 28, 2021, 2:04 AM UTC

ve55 wrote: 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…

WSB goes private all the time. They do it to "cool the jets" so to speak. They will likely be doing it a lot more in the coming days.

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

#332

Post by thereare5lights » Thu, Jan 28, 2021, 2:07 AM UTC

BoorishBears wrote: post #215

lizardking wrote: post #171

Earlier quoted context omitted.

Did you consider maybe just letting people enjoy things that aren’t for you instead?

Nope :) I'm black, I didn't like seeing a guy say ni*er hundreds of times in charge of the place where WSB users end up, I reported it :) (and don't give me some dumb bullshit about "wElL yOu GuYS sAy Ni*a" it's not the same no matter how upset that makes you) Took a while but I'm glad it's gone :) - I spent a lot of time on the main Discord that existed before this one (which most people had abandoned at the time si…

classic hn, downvoting a black person for objecting to racial slurs

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

#333

Post by ntsplnkv2 » Thu, Jan 28, 2021, 2:08 AM UTC

SirensOfTitan wrote: post #259

Remember: Parler tried “making their own X”. They were taken offline by a concerted effort at every level, despite the fact that a large portion of the capitol protests were organized on Facebook and YouTube. Anyone who’s ever been an activist for long enough knows that the censorship that silenced your enemies will eventually silence you. Corporate policing of speech needs to stop.

> Remember: Parler tried “making their own X”.

Making their own X, which they didn't even host on their own servers? yea...ok.

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

#334

Post by xiphias2 » Thu, Jan 28, 2021, 2:08 AM UTC

hagy wrote: post #280

easton wrote: post #100

Earlier quoted context omitted.

In the last 20-30 minutes too, which suggests it was purely because of WSB getting wacked. That's weird, it seems like the sentiment of the people investing in GameStop wouldn't be changed just because of this.

It's after hours trading, which is very low volume and generally not available to most retail investors. Probably just another hedge fund getting in their shorts at these high prices. The FUD spread due to the plunge in after hours is just a bonus for their new short position. Further, I think everyone is drastically over estimating the impact of r/wsb and retail investors in general on the GME action. This is hedge…

The amount of leverage even small money can make using out of money call options cannot be understated either. Sure, hedge funds have to offer those options and cover with longs, but what people did looks more like buying a lottery ticket with a great expected return.

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

#335

Post by peteretep » Thu, Jan 28, 2021, 2:09 AM UTC

llampx wrote: post #136

necubi wrote: 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…

How many hedge funds have had their email cut off so far?

How many have a public channel with hate speech?

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

#336

Post by markdown » Thu, Jan 28, 2021, 2:10 AM UTC

johncessna wrote: post #127

>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.” Funny how that works. If they're not careful, people might start to think 'Hate Speech' could be misused to pursue an agenda. 'It's not that I disagree with what they are doing, they should have just called each other assholes instead of the X…

Statement from WSB mods:

> We're suffering from success and our Discord was the first casualty. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. That room was golden and the people that run it are awesome. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore. Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. That is pretty unethical.

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

#337

Post by kevinpet » Thu, Jan 28, 2021, 2:11 AM UTC

ntsplnkv2 wrote: post #333

SirensOfTitan wrote: post #259

Remember: Parler tried “making their own X”. They were taken offline by a concerted effort at every level, despite the fact that a large portion of the capitol protests were organized on Facebook and YouTube. Anyone who’s ever been an activist for long enough knows that the censorship that silenced your enemies will eventually silence you. Corporate policing of speech needs to stop.

> Remember: Parler tried “making their own X”. Making their own X, which they didn't even host on their own servers? yea...ok.

Next up, "making their own X, without even building their own parallel internet"

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

#338

Post by c0nducktr » Thu, Jan 28, 2021, 2:12 AM UTC

fennecfoxen wrote: post #243

kgin wrote: post #17

I have no doubt the timing was extremely intentional.

The timing was more or less "hey this pump and dump scam on our platform is getting a bunch of negative attention." People seem to think they were paid off by some big players. Ha! In their dreams.

There weren't any scams going on in the Discord.

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

#339

Post by read_if_gay_ » Thu, Jan 28, 2021, 2:12 AM UTC

bostonsre wrote: post #317

chrisweekly wrote: post #282

Earlier quoted context omitted.

You might have some points to make but you lost me at "All the anti establishment movement is nihilistic in its core." Sweeping generalities like this are anathema to discourse.

Idk, it kind of sounds plausible to me. I don't see the Wallstreet bets sub reddit starting a revolution, protests or suddenly running for office to enact change. Do you?

The point is WSB isn't all the anti establishment movement.

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

#340

Post by ntsplnkv2 » Thu, Jan 28, 2021, 2:12 AM UTC

llampx wrote: post #159

skarz wrote: post #131

Earlier quoted context omitted.

Wait you actually think that when people are banned they simply just "go away"? Vanish in to thin air? Problem solved?

The way bans on reddit have tended to work is that by dispersing the group, there's an additional barrier created to stop the spread of the idea. This has happened with fatpeoplehate, the trump reddit, and with the red pill reddit among others. Its not just a group of people of a similar knowledge level and similar ideas coming together, it is also new users happening across the subreddit and deciding to take part. T…

The only way to deal with it is through splitting these companies up - that's the only constitutional way, and we must start immediately. They're too big.