Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

theverge.com

Post reply on HN
Print view View original

371–380 of 1001 posts

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

#371

Post by morlockabove »

snet0 wrote: post #239
Tenoke wrote: post #36

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). For what is worth, they pretty much never use it actually insultingly, and do not seem to harbor any ill-will against LGBT people (and some of them are lgbt). They also mostly use those words to…

My prior for the majority of a reddit-based Discord server community being pro-LGBT is so astronomically low that the usage of that kind of language is unsettling to say the least. I'm sure there are plenty of well-meaning people just participating in the banter and picking up the 4chan lexicon, but I'm also sure there are a lot of people that use these words with no irony or awareness. It's like being scared to make…

Given that's the same culture obsessed with traps, it's pretty clear that it hates fags, not gays.

They're not 'pro-LGBT' because that language is stultified, boring, soul-rending mainstream corporate-speak. Speaking that way is beneath human dignity. "Are you pro-LGBT?" "Do I have a problem with gays, you mean?"

Better to be a human wallowing in the filth than a socially correct bugman standing clean, sterile, toothless to attention when the commisars come by.

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

#372

Post by motohagiography »

fennecfoxen wrote: post #224
motohagiography wrote: post #206

Nice one Discord, you just radicalized 2 million WSB subscribers and everyone else who hears about it. Well done.

Comments like these really drive home how much a deranged cult phenomenon this whole thing is, more so than any headlines.

I'm going to respond because the conceit bears it. The people participating in perhaps this first known popular short squeeze have skin in the game. They don't care if they lose their bets.

As they say, we've seen who you cheer for, your disapproval means nothing.

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

#373

Post by seabird »

joseph_grobbles wrote: post #279
toomuchtodo wrote: post #191

Earlier quoted context omitted.

That’s the joke. The SEC pursues the mostly harmless while letting the sharks go free. Did they do anything about naked short selling of Overstock stock? Nope, and now that it’s happened again and retail took advantage of a bad trade, the rules suddenly change “to protect the little guy.” It’s disingenuous at a minimum, and crony capitalism when taken to the maximum. Are they doing anything about Nancy Pelosi (her hu…

"Pump and dump schemes absolutely should not be supported. Piling into a short squeeze is not a pump and dump scheme." LOL. Give me a break. This is ___100%___ a P&D scam. They can squeeze shorts because they target trash stocks of failing businesses (you know -- the stocks that get shorted), then create a positively ridiculous story about a value proposition. A bunch of moron retail investors on Reddit aren't going…

Yes, GME's current price does not reflect the value of the company. That being said, anybody that feels that staying involved in a short play involving a profitable retailer with significant activist investor interest when short interest is exceeding 100% is a good idea shouldn't be allowed within 10 miles of a risk management office. If someone's definition of pump and dump scheme includes investors making awful decisions and contractually obligating themselves to handing their money over to other people at insane losses, then this is one. For the rest of the world that is willing to call a bad trade what it is (even when the winners have quite the potty mouth), it doesn't even come close.

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

#374

Post by oehpr »

SpicyLemonZest wrote: post #273
hintymad wrote: post #209

Earlier quoted context omitted.

Some posts below said that banning for hate speech was really a charade. But if that's true, what's wrong with retail investors pooling their resources to squeeze short? How is it different from a hedge fund pooling resources to flex their muscle of financial engineering?

There wouldn't be anything wrong with that. There'd be a lot right with it, honestly - I would be trumpeting it as a clear victory of the little guy over snobby funds who don't think anyone else can understand finance. But what's happening right now is almost certainly a pump and dump with a short squeeze as a facade. I've seen a lot of commenters who seem to be grievously misled about the actual mechanics of a short…

I haven't heard anything to suggest that the short sellers are forced to buy back the stock either. This is a stock has clearly caught public's attention, Once the hype cycle is over, why wouldn't it regress to the mean? Who's going to believe that the stock stays at this level over the long term?

Fun to talk about though. This is a very entertaining story.

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

#375

Post by robertoandred »

tonyhb wrote: post #139
Tenoke wrote: post #36

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). For what is worth, they pretty much never use it actually insultingly, and do not seem to harbor any ill-will against LGBT people (and some of them are lgbt). They also mostly use those words to…

Agree. I'm fairly certain a lot of the posts are self-deprecating - eg. "my wife's boyfriend", "i'm a r**d", "someone smarter than me", "i'm a gay bear". My wife doesn't have a boyfriend (hopefully), but I'd say that in a post there. This isn't necessarily inflammatory. It is - like it or not - WSB's culture. It is not meant to be taken literally. It is a frothy place, full of herd mentality. That is part of the cliq…

Can you explain why someone being gay is deprecating?

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

#376

Post by nathanasmith »

tokai wrote: post #87
walrus01 wrote: post #22

The description of wallstreetbets is literally "as if 4chan found a bloomberg terminal", so I don't know what else anyone expected other than 4chan-like-behavior.

Wonder if they'll go to /biz/

/biz/ has been flooded with r/wallstreetbets traffic for days and days now. /smg/ threads hit bump limit in 20 minutes sometimes ever since this GME thing really got going. It's even outdone the usual crypto posting on /biz/ which I didn't ever think would happen.

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

#377

Post by robertoandred »

Blikkentrekker wrote: post #199
Tenoke wrote: post #36

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). For what is worth, they pretty much never use it actually insultingly, and do not seem to harbor any ill-will against LGBT people (and some of them are lgbt). They also mostly use those words to…

On 4chan , “-fag” is essentially a nominalizing suffix at this point that is semantically interchangeable with “-man”; it lacks any connotation of positivity or negativity.

So?

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

#378

Post by arsome »

Blikkentrekker wrote: post #180
BelenusMordred wrote: post #16

For all the uneasy feelings I get about the triggerhappy banning by these platforms, there's probably a light at end of the tunnel. Boot enough people and the better alternatives might actually flourish with network effects.

Apparently 4chan floods with increase in traffic after such waves. 8chan , which was far better, went under for it though.

8chan did a rename but is indeed still going, https://8kun.top

That link is now banned on Wikipedia even though...

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

#379

Post by bussierem »

dang wrote: post #70
dx87 wrote: post #29

Earlier quoted context omitted.

My history class must have skipped over the part where the american revolution was organized on twitter and facebook.

" Don't be snarky. " " Eschew flamebait. " Please stick to the site guidelines, no matter how wrong another commenter is or you feel they are. If we all work together we can avoid flamewar hell, which will keep HN interesting, which is in all of our interests. https://news.ycombinator.com/newsguidelines.html

Not that I necessarily condone the parent, but to be fair dang, the GP probably deserves the same reply at the very least.

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

#380

Post by bitstan »

ntsplnkv2 wrote: post #348
kevinpet wrote: post #337

Earlier quoted context omitted.

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

It's not impossible or difficult to self host. To build your own ISP is. Not a fair comparison. Yes believe it or not there was a world where you could host your own hardware! But you sold out then, and now you're mad about it. Womp womp. We warned you.

Your single blade on a rack isn't going to stand up against non-stop ddos attacks. That requires ISP level infrastructure. That's why companies like Cloudflare are publicly listed.

From the wiki "Cloudflare was created in 2009 by Matthew Prince, Lee Holloway, and Michelle Zatlyn.[2] It received media attention in June 2011 for providing security services to the website of LulzSec, a black hat hacking group.[3]"

> Womp womp. We warned you.

Your multiple personalities are seeking vengeance on free speech because.. you wanted self hosted hardware??

Post reply on HN