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Google Deleted over 100k Negative Robinhood Reviews

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Re: Google Deleted over 100k Negative Robinhood Reviews

#41
post #29

I'm not sure how I feel about this to be honest. I appreciate they were following their guidelines and wouldn't like anyone to troll an app like this but I don't think google should have removed bad reviews. Unless court ordered maybe, based on FCC findings of market manipulation or something like that. Robinhood sells their client's data to financial institutions. These institutions then can use that to skim off Rob…

There's a real danger here that there are high level summaries upon summaries from those who don't really understand the details of the markets. Every broker will have various liquidity pools and those pools will be pinged to execute your order. The order has to get best execution (there are legal requirements on it). Without knowing the internal details of RH all of this is speculation. I think that what folk are sa…

Thanks for that info on liquidity pools I wasn’t aware. Based on what you said my analogy would be more along the 'You've hit your limits / no bets higher than X’ line. I definitely don’t know the internal details of RH or am an expert so have speculated and it is probably a bad over simplification of poor information I’ve read from media sources. Regarding use of RH data I just thought if I was Citadel and paid for the information on order flow, I’d be in a better, well informed position to make educated guess on the market, which people on RH wouldn’t be in.

Re: Google Deleted over 100k Negative Robinhood Reviews

#42
post #31

Earlier quoted context omitted.

Can I propose changing the description slightly to frame how big of an issue it is: I downloaded the app to buy shares. It is the weekend. The markets are closed, so I can't buy shares. Delete app, 1* rating, false advertising. There is always fine print. The challenge is that the fine print here is really complicated. In extreme situations there are rules to consider.

I’d find it unlikely that 500,000 people would download an app expecting to buy a share while the market is closed, but if you do, fine, let them leave their review. I can easilly believe that people genuinely downloaded and signed up in the expectation of buy GameStop/Bitcoin/tulips or whatever this weeks craze is. When they find it doesn’t work (because the backend didn’t scale or because the app maker decided not…

There are people like me also who rate all apps 1* just because fuck Apple and fuck Google and fuck anyone trying to add value to their app stores. And I encourage all friends to do the same.

Re: Google Deleted over 100k Negative Robinhood Reviews

#44
post #26

I hate Google with passion, for the things they do, but this is what they did for every brigade-rating that I can remember. And it makes sense. It's not anyone reviewing the app, it's people mass 1-starring the app because they decided to do so as a hive-mind. It's essentially fake reviews and I wouldn't be surprised if it's automated. Also, as far as I gather, people who wrote a human-like text review to go with the…

I’m not sure mass deletions are the most clever approach. Seems like a systematic failure that needs to be fixed because these things will keep happening.

It’s a hard problem but Google doesn’t seem up to the task.

Let’s say you had a short position and then the app decided that those stocks can’t be traded with anymore. What do you do? Even the smallest act of downvoting the company is taken away from you.

I’m not disagreeing with Robinhoods position, but if I do I want to be able to make my voice heard with the tiniest fraction.

Raises a question also, if an app is the biggest front facing area, should reviews only be about technical prowess or do we want that simply because we are developers and it makes our life easier? Maybe tags? Categories?

Re: Google Deleted over 100k Negative Robinhood Reviews

#45
post #26

I hate Google with passion, for the things they do, but this is what they did for every brigade-rating that I can remember. And it makes sense. It's not anyone reviewing the app, it's people mass 1-starring the app because they decided to do so as a hive-mind. It's essentially fake reviews and I wouldn't be surprised if it's automated. Also, as far as I gather, people who wrote a human-like text review to go with the…

If a stock trading app manipulates the market by preventing purchases, while allowing selling, of certain stocks that are popular with a democratized hedge fund community, they deserve all the 1 star reviews they get. It's not just an useless app now, it's an actively dangerous scam app.

It already was a dangerous scam app. The data on trades went straight to front running traders, so they could feed their algorithms and profit off your plans.

Re: Google Deleted over 100k Negative Robinhood Reviews

#46
post #26

I hate Google with passion, for the things they do, but this is what they did for every brigade-rating that I can remember. And it makes sense. It's not anyone reviewing the app, it's people mass 1-starring the app because they decided to do so as a hive-mind. It's essentially fake reviews and I wouldn't be surprised if it's automated. Also, as far as I gather, people who wrote a human-like text review to go with the…

How are they fake reviews? The company has done something deeply unacceptable to its user base - why aren’t they entitled to update their reviews?

Re: Google Deleted over 100k Negative Robinhood Reviews

#49
post #26

I hate Google with passion, for the things they do, but this is what they did for every brigade-rating that I can remember. And it makes sense. It's not anyone reviewing the app, it's people mass 1-starring the app because they decided to do so as a hive-mind. It's essentially fake reviews and I wouldn't be surprised if it's automated. Also, as far as I gather, people who wrote a human-like text review to go with the…

Is it possible to automate those reviews? As far as I can tell, you need the app installed to review. I'm guessing you can only review one. I'm guessing you'd need to use separate accounts, but that you could use one physical device (although Google could obviously limit reviews-per-device to a reasonable number). Can you affiliate more than one account with the same bank account?

Re: Google Deleted over 100k Negative Robinhood Reviews

#50
post #26

I hate Google with passion, for the things they do, but this is what they did for every brigade-rating that I can remember. And it makes sense. It's not anyone reviewing the app, it's people mass 1-starring the app because they decided to do so as a hive-mind. It's essentially fake reviews and I wouldn't be surprised if it's automated. Also, as far as I gather, people who wrote a human-like text review to go with the…

How are they fake reviews? The company has done something deeply unacceptable to its user base - why aren’t they entitled to update their reviews?

Maybe I'm underestimating both how active users are at reviewing apps and how many people use Robinhood, but I doubt there are over 100k people who updated their reviews because of yesterday. Personally I'd be shocked if the app had 100k reviews total last week.

edit unless they offered basically real money to review the app, I haven't used it.

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