341–350 of 540 posts
There used to be a guy on Twitter/Facebook/other social media who kept harping about how the system was rigged....
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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.
They might have decided in many cases to act now, but with this specific case it seems to have been 11 days ago:
>Facebook suspended his group on Jan. 7
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[flagged]
I've seen you around a lot today, and based on your recurring comments it seems like you are actually in some sort of delusional state. I encourage you to seek help. If you happen to be a Q follower, please unplug.
These posts are apparently fine, but god forbid if people say "retarded" without any meaning to it.
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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.
> It's why have they all decided to act right now, just as this gamestop maneuver is happening? Because they all have fairly loose monitoring and mostly complaint-based policy enforcement, and people being pissed off at you for any reason makes it more likely that complaints get reported.
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It might be fishy but there is also a lot new interest in WSB and everything related. So much interest that /r/WSB voluntarily shut themselves down for a while because they couldn't handle the moderation situation. So why it's happening now can more multifaceted than the more conspiratorial reasons. Even increased media attention is enough for someone to act -- The Hackernews community uses that all the time to get a…
Serious question: Since Facebook is a private company, does the "if you don't like it, you can build your own platform" argument apply here? Or does that only apply selectively when it benefits partisan politics? The RobinHood $GME situation is the natural next step in societal evolution once extreme censorship is given a pass. If you support the "go build it yourself" argument, you no longer have the right to compla…
I don't care how people get there. New platform. Use the correct technologies to be more impervious to top down arbitrary decisions, build a real appeals process, build representatives.
The article says Facebook did several things, including banning the group, giving a notification "that the group violated policies on 'adult sexual exploitation'", reinstating the group, saying the ban has nothing to do with the "ongoing stock frenzy", and calling the group a "dangerous organization". When did each of these things happen and in what order?
The way it mentions the Discord group is also confusing.
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Largely because the "gamestop maneuver" has inflammed an already excitable community and things are likely bubbling over right now in a way that they wouldn't be if people hadn't just bet thousands of dollars on a tulip scam. And let's not euphemize this, it's not a "maneuver", it's market manipulation. Coordinating a collective buy to effect a short squeeze is clear market manipulation. Enticing a horde of gullible…
They've been very public and transparent for all to see about their strategy. It's a very common play when naked shorts are this exposed. The WSB side of this is a distraction. Michael Burry of Big Short fame has been talking this trade and pouring hundreds of millions into this gamma squeeze since the summer.
See, this is why someone is going to jail. This explanation is wrong. Someone lied to you, and they probably lied to you to make this look like a sure bet so that you'd buy (and thus pump) a stock that is otherwise going to crash, so that they can unload their position before it does. You got scammed, and the person who did it is guilty of a crime.
FWIW: Short leverage higher than 100% is not naked selling. It just means (as an example) that you borrowed a share, sold it, then later on that buyer loaned the same share back to you, and you sold it again. This is not a good idea, but it's not naked selling (which is itself securities fraud).
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When everyone is a criminal, anyone can be arrested. The reddit mods have basically made this charge, in their own special WSB way. It's impossible for moderators to fully control large groups, subs and such. Some bannable comments will always be present, and they are limited by whatever moderation tools they get from reddit. Meanwhile, the idea that discord, reddit (throttled not banned) and FB all simultaneously an…
You just need a few saboteurs coming in and posting "hate speech" on your forum and then reporting the same. Before you know it, you are banned, you have (several) news articles objectifying you as nazis and you are doxxed to high-heaven. The only way you can get back is if you are "friends" with the big-boys or the mainstream media.
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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.
>It's why have they all decided to act right now They might have decided in many cases to act now, but with this specific case it seems to have been 11 days ago: >Facebook suspended his group on Jan. 7
> Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move that its founder on Thursday described as backlash for conversations buoying shares of GameStop Corp and other companies this week.
First, a typo, "buoying". But it also says "this week". So what they meant is probably Jan. 27.