Robinhood now has a 1-Star rating on the Google Play Store • Hacker News Board

Re: Robinhood now has a 1-Star rating on the Google Play Store

#211

Post by llampx » Thu, Jan 28, 2021, 8:20 PM UTC

newacct583 wrote: post #179

beagle3 wrote: post #148

Earlier quoted context omitted.

The sells were appropriate if bought on margin (once the share price took a dive). The thing is, RobinHood refused “buy” order that were completely inline with the margin requirements, and that caused the share price to dive. Seems to be a coordinated move among all retail browsers (including IB according to people on this discussion - despite publicly claiming they are just hiking margins). Basically, as of this mor…

> RobinHood refused “buy” order that were completely inline with the margin requirements, and that caused the share price to dive. This is just a conspiracy theory. It doesn't even make sense. If GME was objectively such a good bet, you really think that those institutional investors out there were simply ignoring it? That Robinhood's users alone were the sole reason for the speculative spike in this stock? This is a…

I call bullshit

Re: Robinhood now has a 1-Star rating on the Google Play Store

#212

Post by josephorjoe » Thu, Jan 28, 2021, 8:20 PM UTC

tinyhouse wrote: post #17

ArtTimeInvestor wrote: post #3

Just as I was wondering how many retail investors might be involved: https://news.ycombinator.com/item?id=25947674 From the number of Playstore votes it seems quite a few? Will be interesting to see if it stays that way. Or if they can somehow cheat their way out of it and get all recent ratings deleted or something. Any guesses?

My guess is that Google will get involved. It's not the first time a mob is trying to destroy the rating of an app. But their rating before all of this drama is not going to last; that's for sure.

It would seem Google should remove the app from the store since it does not do what it claims to do.

An app claiming to be a stock trading app that doesn't allow trades for a NASDAQ listed stock isn't really a stock trading app.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#213

Post by tima101 » Thu, Jan 28, 2021, 8:20 PM UTC

alangibson wrote: post #80

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

I hope that these events make more people put their savings and time into their own projects instead of bitcoin and stocks.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#214

Post by ProtoAES256 » Thu, Jan 28, 2021, 8:20 PM UTC

echelon wrote: post #163

alangibson wrote: post #80

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

Every time I mention this on Hacker News, I get downvoted by the neoliberal fascists that want to suppress the speech they feel comfortable with silencing. Free speech is only free if we allow all of it. Americans have thick skin. It's in our culture. We've accomplished so much in spite of internal disagreement and oppression: voting rights, women's rights, gay marriage (which still isn't enshrined in the constitutio…

Wow, guess I live in and being booted from the USA without me even knowing it now... IMO living is all about compromises, that way we all benefit from it as a society. But clearly not by being ignorant.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#215

Post by ziftface » Thu, Jan 28, 2021, 8:20 PM UTC

ashtonkem wrote: post #98

I smelled a rat in Robinhood back when they first showed up. When something goes from paid to free, the only appropriate response is to question how that happened, and what changes in motivation now exist.

I'm learning recently to be a lot more critical about this sort of thing than I used to be.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#216

Post by layoutIfNeeded » Thu, Jan 28, 2021, 8:20 PM UTC

treeman79 wrote: post #169

alangibson wrote: post #80

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

Maybe make Protecting free speech part our governments highest law. Maybe we could amend the law. Seriously. Lots of people love to dump on the constitution as old and not relevant. But it’s meant to restrict government and protect people’s freedom.

B-but what if people say mean things? :/

Re: Robinhood now has a 1-Star rating on the Google Play Store

#217

Post by soperj » Thu, Jan 28, 2021, 8:20 PM UTC

alangibson wrote: post #173

asdfasgasdgasdg wrote: post #150

Earlier quoted context omitted.

I definitely support the notion of moving from platforms to protocols, at least in theory. I do think you're going to run into the need to regulate wherever communication starts impinging on not-purely-informational constructs, like securities. I really hope that gambling on GME is not a "major part" of a significant number of people's lives.

I was thinking more about being able to trade online, not GME specifically. TBH 'protocols not platforms' has become kind of a slogan lately, but history doesn't make it look too promising. Email is a protocol, but it has largely been dominated by Google. A really compelling product can capture a protocol.

Realistically though nothing at this moment can supplant gmail without people willing to move away from gmail. They make it hard for people to do their own thing because they spam filter out legitimate email coming from domains that they don't like.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#218

Post by runarberg » Thu, Jan 28, 2021, 8:20 PM UTC

echelon wrote: post #163

alangibson wrote: post #80

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

Every time I mention this on Hacker News, I get downvoted by the neoliberal fascists that want to suppress the speech they feel comfortable with silencing. Free speech is only free if we allow all of it. Americans have thick skin. It's in our culture. We've accomplished so much in spite of internal disagreement and oppression: voting rights, women's rights, gay marriage (which still isn't enshrined in the constitutio…

In my experience—unless your comment is particularly helpful—starting a comment with “I will be downvoted for this” is only fishing for more downvotes then you’d otherwise get. This holds true on most internet forums I’ve visited.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#219

Post by robot1 » Thu, Jan 28, 2021, 8:23 PM UTC

I honestly feel bad for all the employees, especially the early ones with equity that were looking forward to cashing out after the IPO - now they have to deal with immensely negative PR and federal investigations.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#220

Post by inglor_cz » Thu, Jan 28, 2021, 8:23 PM UTC

echelon wrote: post #163

alangibson wrote: post #80

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

Every time I mention this on Hacker News, I get downvoted by the neoliberal fascists that want to suppress the speech they feel comfortable with silencing. Free speech is only free if we allow all of it. Americans have thick skin. It's in our culture. We've accomplished so much in spite of internal disagreement and oppression: voting rights, women's rights, gay marriage (which still isn't enshrined in the constitutio…

I won't downvote you, but American history of free speech has some really dark spots. Read up on Comstock Laws or Sedition Act of 1918 and their victims.

Just like everywhere else, words on paper do not defend themselves, even if that paper is the Constitution. Authoritarian people will try to sneak in limitations into laws, free minded people will have to defend the principle.

This is just a new iteration of a very old war.