Theres quite a few crypto pump and dump groups they should remove IMO , they're all scams
Discord bans r/WallStreetBets server, subreddit went private for a while
851–860 of 1001 posts
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#852Earlier quoted context omitted.
You vastly underestimate the size of this demographic, which is exactly what the short-sellers of GameStop did.
A few hundred thousands, maybe a few millions at most. A drop in the bucket of internet users
If you look around, tons of communities have been getting banned/quarantined/etc. recently. It began years ago with literal hate groups like FPH or coontown on reddit, pedos on 8chan, later came pickup artists and incels, TheDonald, Chapo Trap House, then Apple, Amazon and Google banning Parler, YouTube and Twitter restricting Trump, and now, finally, even WSB. In isolation, every one of them is a drop in the bucket. But overall it's definitely enough to matter. If this continues, at some point everyone but the most boring will feel the banhammer somewhere. And the most boring aren't the ones producing content (aka generating all of the value).
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#853For those wondering why the sub went private for a time: > We have grown to the kind of size we only dreamed of in the time it takes to get a bad nights sleep. We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators. We wrote software to do most of the moderation for us but that software isn't allowed to read the Reddit new feed fast enough and submit…
Cannot they have two or three bots moderating?
The Limitation isn’t really the bots but Reddit’s garbage api
It’s quite restricted so you need to do all sorts of hacky stuff to get live info out of it.
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#854It does feel like a watershed moment regarding hedge funds. This is the first time netizens capitalize on hedge fund short favorites and it has been surprisingly easy to cause an absolute catastrophy in the order of billion losses for them. I heard Melvin Capital may even have gone bankrupt? And how to do it? You get people to invest in a stock that is expected by the industry to go belly up. Seriously. It's that eas…
As a former fund manager, I think it mainly illuminates bad risk management practices at one specific fund. Why would you ever paint yourself in a corner where you lose 30% on a single name? It just makes me think all their other bets are also huge and simply lucky they haven't collapsed. Funds are also diverse, though. There will be a load of funds who have taken the other side to Melvin, based either on various fun…
Success often comes down to execution of the play. If your building something it's about quality. If your making a bet, then it's about risks.
This fund has/had bad risk managers.
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#855This is really exciting, feels like open standards, independent internet is going to continue getting extreme motivation to expand and establish, with private "freedom of speech" censorship by for-profit platforms. We're going to see more fragmentation, and growth of closed platforms perceived by users as "slightly less evil" such as telegram vs watsapp. This may also motivate the return to truly open internet ideals…
> We're going to see more fragmentation
Whenever people say this, I wonder whether they are considering the possibility that once the internet goes in the direction of fragmentation, more states would swoop in with regulation to barricade their own internet in the same way that China has a great firewall. There are plenty of incentives into banning US-based tech companies--states would then have access to data about their citizens instead of being at the mercy of Facebook or the US, and local software companies would begin to thrive.
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#856Earlier quoted context omitted.
No, it's like a bunch of teenagers came into your coffee shop, and before you could throw them out your coffee shop [in a mall] was permanently closed down by the mall owners. //Been told I'm posting too fast again by the benevolent left wing moderators on HN so this is what I would have replied: "From the comment on WSB that was a story on here before it got flagged off the front page: "We blocked all bad words with…
No, it really isn't. At most, it is a mall telling a coffee shop owner that they need to take care of a small subset of regulars - the teenagers - because they are regularly using offensive speech. If they don't, the coffee shop is in violation of the malls' leasing agreement. Coffee shop does nothing, so they are evicted. It isn't like a place got shut down because they let the general public in.
Who is the mall?
What if the mall suddenly decides that xyz religion, race is not allowed? Who controls the mall?
so is majority views the only correct view?
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#857Earlier quoted context omitted.
They didn't even ban the people. They literally banned the server because individuals used inappropriate language on the server. That makes absolutely no sense.
Its the job of the mods to ensure that the users of their group follow the rules. This situation seems bullshit but in general I think its quite logical to ban "servers" if the mods do not uphold the rules.
> You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. That room was golden and the people that run it are awesome. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don’t get to hang out with your friends anymore.
The mods were moderating. Discord didn't even try to claim otherwise. The group was just huge and things inevitably slipped past the mods now and then. That happens in every platform. It's not the server's fault.
Bottom line is Discord has the power to deal with the individual users but they chose to nuke the server instead. What a convenient decision.
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#858Earlier quoted context omitted.
This is a tired old argument and it isn't convincing or effective. There's a big difference between some kids screaming in your coffee shop and a community on a website supposedly dedicated to free discussion. A more apt comparison would be a group in a corner having a conversation at a rock concert. Suddenly this argument appears less apt. And while some are screaming for these sites to get shut down over it, most o…
I have worked as a tutor at university. The best and most "free" discussions I experienced were all happening in a space where everybody was after finding some sort of insight. This delicate balance was at times destoyed by a single person that started attacking people aggresively for who they were rather than attacking the argument they made in a way that makes them understand. Allowing that person to freely speak w…
I have seen a few times now what happen when optimistic people goes with such rationale and attempt to apply it universally. To be more precise, people have tried to ban generalizations of group of people, banning the usage of gender where specifying gender is unnecessary, and of course banning the attacking people for who they were rather than attacking the argument. I have yet to see one community where it worked.
The outcome of such experiments always end up the same. People want to generalize about groups of people when its against the right group of people. We want to specifying gender when it is unnecessary, as long it not in the wrong situation. And we want to attacking people for who they were rather than attacking the argument, if its against people which is socially accepted to attack and dismiss.
People just love violence when its done for the right reasons and abhor it when it done for the wrong reasons. At the same time we try to apply principles like freedom of speech and find it completely incompatible with our split view on violence.
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#859There is some brilliant analysis on WSB, some rubbish - the usual. But there was great analysis on this post a few hours ago: https://old.reddit.com/r/wallstreetbets/comments/l6n4ay/the_... Assuming it (like others) gets taken down, here's a copy+paste with some cleanup: Note that Discord has had significant investment from private equity funds including FirstMark Capital, Greenoaks Capital Partners, Index Ventures,…
Is this great analysis, or is this random paranoia?
I don't think that great analysis and random paranoia have to be disconnected. But given how humans treat money, goods, and jobs it's highly likely that some combination of those humans will do everything they can to maintain the specifics of this status quo.
Re: Discord bans r/WallStreetBets server, subreddit went private for a while
#860Earlier quoted context omitted.
Of course you're censoring them. You would also be censoring people if you ran an upscale restaurant with a dress code and standards of behavior, or if you didn't let them post ads on the walls. As long as you make your rules clear and enforce them fairly, censorship and standards of behavior are completely fine. The very large social media platforms all market themselves as being neutral. They got to be the largest…
Discord doesn't market themselves as being neutral and they have community guidelines: https://discord.com/guidelines
Anyone has community guidelines, i could write on my wall with a crayon "we get pissed at the pub on tuesday' and call that community guideline. It does not convey moral rights or place you above criticism
What is that statement meant to convey?