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Facebook shuts popular stock trading group amid GameStop frenzy

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Re: Facebook shuts popular stock trading group amid GameStop frenzy

#261

If people are wondering what other options there out there to protect WSB and other groups from obnoxious band like this, might I suggest Mastodon? You can self host and be a part of the network. The tricky part to replicate the user capacity for WSB would probably require a lot of build out and probably someplace the servers can’t be killed by the ISP or data center (Russia?). I along with a few other friends have m…

I find it striking that a solution proposed at times like this is to depend on infrastructure in a foreign land, specifically Russia . This is not a dig at you at all - in fact you're probably right, but it is certainly striking that after all these years, people are seriously suggesting Russia as a "freer" alternative to American/Anglo systems.

> people are seriously suggesting Russia as a "freer" alternative to American/Anglo systems

This is more of an alignment issue. If your particular community is US-centric, going to Russia (or China) for hosting will serve you well, as they have little interest in what you're doing and will not easily give in to pressure (if you're scared of the US cracking down on you, you should probably avoid the EU as well).

Still, I agree: Having to take these steps as anything other than a far fetched precaution is horrible.

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#262

Earlier quoted context omitted.

Just build your own website bro Just build your own host bro Just build your own financial banking system bro just build your own social media platform bro just build your own payment processing platform bro just build your own internet infrastructure bro

And when you do those things, they will be shutdown. Bye bye Parlor.

FYI by your own logic, you have no right to be upset about the RobinHood GME situation. Per your own logic, RobinHood is a private company, and they can do whatever they want...If you don't like it, you can build your own RobinHood!

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#263

If people are wondering what other options there out there to protect WSB and other groups from obnoxious band like this, might I suggest Mastodon? You can self host and be a part of the network. The tricky part to replicate the user capacity for WSB would probably require a lot of build out and probably someplace the servers can’t be killed by the ISP or data center (Russia?). I along with a few other friends have m…

I find it striking that a solution proposed at times like this is to depend on infrastructure in a foreign land, specifically Russia . This is not a dig at you at all - in fact you're probably right, but it is certainly striking that after all these years, people are seriously suggesting Russia as a "freer" alternative to American/Anglo systems.

Isn't it some sort of equilibrium? If you want to criticize A, host your website in B land (A's ennemy). If you want to criticize B, host it in A land. It works while they both remain ennemies. Nemo judex in causa sua (no one is judge in his own cause).

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#264

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Orange man still bad. Most haven’t realized that the establishment used every trick in the book to install their preferred patsy. They will understand in time.

Yes, I can’t believe how they treated the orange man who was such a great warrior in service of truth, justice, and shining American success.

Like the flawless presidents before him. Didn't get his c*ck sucked in the wh. Didn't lie about a tragedy to start a new war. Did other shitty things. It's a joke that Americans act like this guy was the first bad president.

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#265

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Historically, reddit is most likely to move against subreddits when they cause embarrassing news articles.

Make no mistake, Reddit is absolutely loving this. WSB has 3 million new subscribers in the past 2 weeks. The only thing the executives at reddit care about is revenue and hence impressions, which is exactly what they're getting.

Also, do you see just HOW MANY awards are being applied to WSB posts? It's consistently off the charts lol. I'm willing to bet it's the most awarded subreddit by a wide margin.

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#266

Earlier quoted context omitted.

Having expressed this understanding of WSB's benign intent in their use of the term "retard", surely you see why some random person at Discord taking offense to it and whimsically banning the entire community is messed up, right? Discord is host to a massive variety of nominally private (you need a link to join) communities that have real, deep value to those who participate in them. Over time they develop their own…

The comment you are responding to is talking about more offensive stuff than the "benign intent" of the core WSB community. I've only been in a handful of discord communities, but none of them would tolerate even the "benign intent" WSB stuff. Also, "benign intent" does not make offensive behavior less offensive. Intent can matter, but it certainly isn't everything.

We agree here that the term is probably offensive even in the context that WSB is using it. If someone used that term here in the same way that WSB people do, I'm sure we'd both wish that dang would remove that post and ban the poster for a bit to cool off.

This doesn't address the larger question of whether or not we have a right to enforce our completely subjective standards globally on other communities which we don't belong to. Personally, I wouldn't want some outsider deciding that me and my friends weren't allowed to talk to eachother anymore if we decided to start using the term towards each other privately in jest.

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#269
post #174

Earlier quoted context omitted.

Perhaps, but not as encouraging as a migration to self-hosted Matrix servers on traditional paid dedicated/virtual server hosting that's much less interested in policing its customers' content than platforms are.

The thing with me is, WSB is a group of what? A few million at least? I saw that they were up to 1.2 million maybe yesterday. And they're having a hard time on most if not all platforms. If not technically, then in terms of some form of censorship (as is the case here). There was the Discord issue, this Facebook issue. I've heard Reddit devs has been helpful with scaling r/wallstreetbets, but even still, the number o…

/r/wallstreetbets has 5.3mil members right now, up from ~2mil a week or so ago.

Reddit has not been helpful at all. The mods made a post after they shut down the sub saying that the Reddit API can't handle the amount of traffic they need to moderate, and they've asked for special permissions.

Re: Facebook shuts popular stock trading group amid GameStop frenzy

#270
post #49

Earlier quoted context omitted.

Okay so I completely agree but I want to add something to what’s going on Half the fun of WSB is that it is enormously offensive. The foundation of the community is that a forum talking about stock investing strategies is, at its heart, really dumb. It’s harder than most people can manage to evaluate all the “DD” flying around and any advice other than playing it safe (r/investing) is stupid to take from a rando on a…

Agreed on WSB culture but.... The "real question," imo is not about how FB, discord or reddit handle WSB's culture. It's why have they all decided to act right now, just as this gamestop maneuver is happening? That is the fishy part... and it's too fishy to leave it unaddressed and talk content. Either way, this just shows why we can't have a handful of companies moderating most of the internet under a TOS regime.

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