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Google Deleted over 100k Negative Robinhood Reviews

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Re: Google Deleted over 100k Negative Robinhood Reviews

#61

Post by zpeti »

oliwarner wrote: post #47

This is bad. I can absolutely understand it for a political pile-on, or an unrelated protest, but this is a fundamental complaint with the service not following operating procedure. If I were king, the app would be pulled until financial amends were made.

This attitude is a big problem, because once you allow it for political pile-on, it's suddenly available for other issues, like this one.

It's what every free speech advocate has been saying for years, or decades, or hundreds of years, yet people generally cheer on censorship when its for their own political side.

Re: Google Deleted over 100k Negative Robinhood Reviews

#62

Post by agilob »

rplnt wrote: 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…

Amazon does it with positive reviews. They add fake reviews for their products. As we know Google removes negative reviews, but do we know if Google manipulates reviews of other products (where Google makes money) like Netflix, Uber, Disney+? It doesn't matter whether it's negative or positive, we can't trust reviews anyway. They have incentives to make you download or buy apps.

Re: Google Deleted over 100k Negative Robinhood Reviews

#64

Post by varispeed »

fumblebee wrote: post #15

I feel naive; what's the incentive for Google to do this?

It seems to be in Google's vein. When they removed call recording API from Android, it was a sign they side with all sort of scammers. Call recording is an ultimate tool for fighting any scummy salesmen, especially from insurance companies. Probably they were starting to lose money and asked Google too remove call recording so customers can't defend themselves from predatory practices.

Re: Google Deleted over 100k Negative Robinhood Reviews

#65

Post by UweSchmidt »

spiderfarmer wrote: post #45
kristofferR wrote: post #35

Earlier quoted context omitted.

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.

Is that actually true? I thought "frontrunning" was one of the fundamental things that is forbidden by stock trading regulation. Does it not apply when done with those new-fangled computers?

https://en.wikipedia.org/wiki/Front_running

Re: Google Deleted over 100k Negative Robinhood Reviews

#66

Post by vagrantJin »

egwor wrote: post #31
midasuni wrote: post #28

Earlier quoted context omitted.

I downloaded this app to buy shares as advertised App didn’t allow me to buy shares Delete app, 1* rating, false advertising

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.

This is the sort of nose-upturned view many of us are guilty of, regardless of whether that was your intent. Ive seen those "users are stupid" anecdata floating around these parts with impunity.

People aren't stupid and 100K plus people making a complaint can't be seen as a mere "users are stupid" scenario.

This condescent of people who use our products will catch up with us someday and I hope it does. People arent half-wits and we might have to acceot the absurd possibility that we a wrong and crap.

Re: Google Deleted over 100k Negative Robinhood Reviews

#67

Post by foolmeonce »

mutatio wrote: post #32
rplnt wrote: 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 fake if the app seemingly became unfit for purpose if legitimate users were unable to buy GME? Robinhood changed the utility of the application, not the users.

Is a credit card still a credit card if they detect suspicious purchase patterns and suspend it?

Is a rating system still a rating system if it detects cancel culture and ignores ratings?

Is a broker still a broker if they follow SEC guidelines for limiting consumers who haven't filled out the experience questionnaire? How about if they are a discount broker and don't even have additional service for those who are qualified to trade options, etc?

Really what we are seeing is more and more populist diatribe against the normal systems we have had for decades. Sure, some things will actually be improvable, but what is improvable and what is just the average expertise of a mob that responds with emotions being extremely low?

Re: Google Deleted over 100k Negative Robinhood Reviews

#68

Post by liaukovv »

KMag wrote: post #59
kristofferR wrote: post #35

Earlier quoted context omitted.

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.

> If a stock trading app manipulates the market by preventing purchases They're likely close to hitting their collateral limits with the clearing house[0]. During yesterday's 5-minute interview with CNN's Chris Cuomo, RH's CEO mentioned their collateral obligations (plus unnamed regulatory requirements) as the reason for preventing new positions in GME. Every trade creates a collateral obligation with the clearing ho…

So they have a legitimate technical reason for why the app doesn't work.

How does that excuse them? If cat picture app has issues with their image hosting partner it is not my problem, that's the entire point of going through a middle-man like stock brokerage

Re: Google Deleted over 100k Negative Robinhood Reviews

#70

Post by drtillberg »

rplnt wrote: 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…

So when does censorship of or manipulating user ratings make an app store responsible to its users for failing to prevent harm to them (or wasted time) from bad apps, mismanaged services, scams and frauds? Ppl see the 4 stars, download the app, wire RH a part of their nest egg, RH predictably fails to honor commitments in ways explained by the deleted app reviews, and RH damages app users. At what point is Google responsible for that mess? Never?
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