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

#401

Post by dang » Thu, Jan 28, 2021, 9:42 PM UTC

dang wrote: post #276

For pointers to other vertices of this story graph, see https://news.ycombinator.com/item?id=25933543 . The current thread is paginated like all the other big threads (to spare our poor server—yes, we're working on it). If you want to see all the comments you'll need to click through the More links at the bottom, or like this: https://news.ycombinator.com/item?id=25947697&p=2 https://news.ycombinator.com/item?id=2594…

(This is a stub reply so I can collapse the various comments responding to this, so as not to distract too much from the topic at hand. (Sorry, non-JS users.))

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

#402

Post by dang » Thu, Jan 28, 2021, 9:43 PM UTC

colejohnson66 wrote: post #340

dang wrote: post #401

Earlier quoted context omitted.

(This is a stub reply so I can collapse the various comments responding to this, so as not to distract too much from the topic at hand. (Sorry, non-JS users.))

What exactly is the issue? (if you can share)

HN's application server runs on a single core.

https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...

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

#403

Post by valuearb » Thu, Jan 28, 2021, 9:45 PM UTC

frankfrankfrank wrote: post #308

treeman79 wrote: post #169

Earlier quoted context omitted.

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.

I'm not sure if you were trying to be sarcastic, but to your last point; I think it is overlooked (intentionally or not) that the Constitution is already a set of laws and the highest laws at that. The "Bill of Rights" is not what people have been misled to believe, a list of rights you have and are given by government. In fact, they are the bill of laws that restrain the government from infringing on the natural God…

The Bill of Rights doesn’t enumerate rights for Americans, it enumerates them for everyone (outside of specific voting rights).

And those rights are only to protect you from government actions because it’s the ultimate monopoly.

The first amendment does not give you the right to enter someone else’s house to spread your political opinions, just as the second doesn’t give you the right to walk in to their home with your loaded guns.

And stop trying to redefine the word monopoly. The internet is completely free and anyone can post whatever they want on their own web site.

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

#404

Post by monkeywork » Thu, Jan 28, 2021, 9:45 PM UTC

chrisco255 wrote: post #295

gameswithgo wrote: post #189

Earlier quoted context omitted.

What is your hope for reforming the ability of a single person to keep repeating a lie and nearly causing an insurrection?

Voter fraud happened. There's video evidence of it occurring in State Farm Arena in Fulton County, GA. There's forensic evidence of 70% failure rates on voting machines in Antirim County, Michigan. There's 1000+ witness affidavits signed and presented under the penalty of perjury in various legislatures around the country. There's also statistical fraud detection algorithms that have numerous red flags with regards t…

link to sources please - like the source video, the source evidence on the failure rates, etc.

also explain why no court, no intelligence agency (local or international), and the vast majority of the US Senate (consisting of both major political parties) disagrees with your assessment.

Also if the presidential votes are invalid than I guess we need to assume all the other items on the ballet (house, senate, bills, etc) were also invalid correct?

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

#405

Post by shostack » Thu, Jan 28, 2021, 9:45 PM UTC

g9yuayon wrote: post #223

Robinhood phrased their message as if it was for user's own good. Moralizing everything beyond protocol and rules and law has serious consequences. It does nothing but driving people cynical. Didn't the elites learn the stories of USSR political jokes, the stories of how East Germans (and ancient Chinese people) talked to each other via eye contacts only? It's not hard to guess what will happen when enough number of…

Any links to good reading on the eye contact communication? That sounds really interesting.

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

#406

Post by valuearb » Thu, Jan 28, 2021, 9:46 PM UTC

StillBored wrote: post #365

frankfrankfrank wrote: post #308

Earlier quoted context omitted.

I'm not sure if you were trying to be sarcastic, but to your last point; I think it is overlooked (intentionally or not) that the Constitution is already a set of laws and the highest laws at that. The "Bill of Rights" is not what people have been misled to believe, a list of rights you have and are given by government. In fact, they are the bill of laws that restrain the government from infringing on the natural God…

For the cynics like myself. The lack of action on the part of the government to restrict and hold corporations to the same level as the government is supposedly held by the constitution seems intentional. Its a backdoor way around the constitutional restrictions. AKA the government can't restrict free speech or search your house everyday, but its going to allow everyone else to restrict and search your house for the…

No one is restricting anyone’s speech or searching their house. Sorry that you can’t force other people to host your thoughts tho, sounds so frustrating.

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

#407

Post by wonderwonder » Thu, Jan 28, 2021, 9:47 PM UTC

mantap wrote: post #372

wonderwonder wrote: post #328

Earlier quoted context omitted.

Optimally the result is Robin Hood is removed from the play and apple store for willfully defrauding their customers. Very real damages were suffered as a result of their willful actions. There was no warning and there was no way they did not know harm would come. Also if no retail traders could buy, who was buying the shares that they were forced to sell? If it was the short hedge funds, that has got to be a crimina…

It's a bubble. Bubbles pop. Robinhood's argument would be that they prevented harm to investors by preventing them from putting money into a bubble that was going to pop anyway. As soon as this hit the news you got all kinds of regular people wanting to get in on the action, not connected to WSB.

Bubbles do pop, and this was clearly a bubble but this was not a popping bubble. This was someone picking up their ball and going home. They can make whatever argument they want, we will see how it is litigated out. It was a clear coordinated action though across several brokerages.

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

#408

Post by themodelplumber » Thu, Jan 28, 2021, 9:49 PM UTC

wmeredith wrote: post #375

themodelplumber wrote: post #300

Earlier quoted context omitted.

Opinion: With such wild swings in emotion in the markets right now in general, you can't expect investment app ratings to be even remotely objective. IMO Apple is making proactive moves to protect their store's rating system reputation, such as it is. I've used RobinHood since 2016 (not my only brokerage) and the app continues to be fine. It's not a race car, it's more like a family sedan. The company has been reason…

"Apple is making proactive moves to protect their store's rating system reputation" Ah, that's a good one.

I know, crazy point I'm sure, but even if you have a bad reputation, you should work to keep it from getting worse.

RH app reviews right now are going to be way too emotional, and they'll stay there no matter what RH does in the coming days. This will take Apple's reputation down a notch on both ends--app developer and app reviewer.

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

#409

Post by FiberBundle » Thu, Jan 28, 2021, 9:49 PM UTC

silexia wrote: post #378

shrimpx wrote: post #345

Earlier quoted context omitted.

I have a bit of knowledge from friends who work in fintech, and the sentiment among fintech companies seems to be that SEC doesn't matter. The fine is small and comes way too late. You can simply account for an approximate future fine and move forward with your shady business.

This will probably be my least popular post ever, but the explanation needs to get out there for why Robinhood stopped trading on GME. Selling a stock short is NOT illegal. It is a perfectly valid type of investment according to the SEC: “D. Are short sales legal? Although the vast majority of short sales are legal, abusive short sale practices are illegal. For example, it is prohibited for any person to engage in a…

Well I think probably most of the people on wsb have no idea what they're doing, those that trade on margin are extremely reckless and irrational. Having said that I still find absolutely ridiculous and highly corrupt that they solely stopped buy orders. If you stop trading that's reasonable, but to cap this off on one side and allow Wallstreet to make up for losses is unacceptable.

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

#410

Post by vga805 » Thu, Jan 28, 2021, 9:51 PM UTC

silexia wrote: post #378

shrimpx wrote: post #345

Earlier quoted context omitted.

I have a bit of knowledge from friends who work in fintech, and the sentiment among fintech companies seems to be that SEC doesn't matter. The fine is small and comes way too late. You can simply account for an approximate future fine and move forward with your shady business.

This will probably be my least popular post ever, but the explanation needs to get out there for why Robinhood stopped trading on GME. Selling a stock short is NOT illegal. It is a perfectly valid type of investment according to the SEC: “D. Are short sales legal? Although the vast majority of short sales are legal, abusive short sale practices are illegal. For example, it is prohibited for any person to engage in a…

Wrong. The bull case was made for GME as far back as late 2019, and it gained momentum this year.

Nothing different than Jim Cramer talking up a stock on CNBC every fucking night.

Edit: I know this because I watched a youtube video from a popular redditor named deepfuckingvalue a few weeks ago and bought into the thesis fully as a value investment. He goes under the name RoaringKitty on youtube.

I lost multiple years worth of salary this morning when RobinHood decided to stop selling GME.