I gave up the game there after 12 years… of mostly lurking though.
Fuck Spez, and all that, but really, this chart isn’t much different from nearly every stock for the same time period.
I think that dip has more to do with Trump creating uncertainty in the market overall than any specific Reddit trend/policy.
Kinda…
For comparison, the S&P 500 felt 4% on the period, Nasdaq felt 7%. So 30% is really noteworth, Redddit is one of the stocks pulling the index down. But it’s not alone, and blaming it on any random cause isn’t right.
It’s not going to be representative unless you compare it to the same cohort - tech stocks.
Do you mean “fell”?
Yah, I was going to say the same thing. S&P not only dropped much less, it dropped at a different time and slope. S&P dropped in line with when Trump took office and has been relatively flat. Reddit has been on a constant decline since the start of the year.
It coincidentally happens concurrently with the purges
I mean things could not matter potentially but I left Reddit permanently and came here cause of this.
I would need to verify the timelines but I am pretty sure this has jack all to do with Luigi Mangione
And… maybe look at the stock market as a whole. Again, grain of salt without a proper analysis, but this doesn’t look much different than the entire stock market that is constantly fluctuating as we wonder what industries will get hit the hardest by the hourly tariffs and which are going to get exemptions and so forth.
I think it’s plausible to have uncertainty as an investor given Musk pressured Huffman into censoring criticism against him. To me, seems like he has some pictures of Huffman that would make his jailbait moderating days look tame.
You VASTLY overestimate how much anyone cares.
The president is a rapist with multiple high profile affairs and strong ties to epstein’s pedophile island. It took the better part of four years for people to decide that spending time on a twitter that was increasingly just pro-nazi rhetoric, snuff, and porn was a bad idea… and they only did that because a different corporate owned social media site finally switched to open registration.
It doesn’t matter what reddit leadership does or might have done. People will use the site until the Influencers switch to a different one. Simple as that.
I do think most attempts to explain stock prices is pointless. And it’s just back where it was a year ago.
But if we’re going to explain any narrative I think this one makes the most sense. I could also try to guess where the price will be in 5 years, which is also impossible. Why not guess 0? If we’re having fun I might as well be optimistic.
… Okay. If you don’t think there is enough evidence and don’t like the explanation already given (the entire stock market is REALLY volatile right now because of the constant threat and enacting and repealing of tariffs) then… sure. I guess you can choose to make up whatever shit you want because it makes you happy?
That is totally not an incredibly problematic mindset and one of the root causes of the hellscape we live in.
Just explaining the upvotes and why I found it interesting. It’s like astrology, there’s nothing wrong with entertainment. Not everything needs to be correct or rationale. Sometimes it’s fun to act you know? Anyone who thinks they understand the stock market movements is a dunce.
My astrology reading for you today is a positive mindset, sunny weather and rainbows in your wake. I know you’ll have a rain cloud but it’s fun to pretend! 😜
They have a price that’s still hundreds of times above their earnings. The stock is comically overvalued. It isn’t crashing and it has nothing to do with Luigi posting. Air is just coming out of an equities market that’s been hyper-inflated since before COVID.
I fear that a manufactured depression is forming that will completely wipe out the remnants of the middle class (workers who own assets).
Seems to be the intent
https://programming.dev/post/27667403
It is being talked about over here from a Bloomberg / yahoo finance article.
It they are linking to the Reddit’s behavior?
Good. Fuck em.
Man is that overvalued as fuck.
I mean there’s little point to become invested in reddit when they’re going skew that far right and then censor/delete and ban everything with appeals getting ignored.
Communities are having to over moderate. I can’t even say Fuck Christians or Billionaires shouldn’t exist without it being hate speech or violence, but rightiods get to spam their lgbtq hate. And the less said about violent Porn subs the better.
Truely a dark time 😮💨
r/guro is still up r/beastlove probably is r/guroerotica r/dykebreaking
Tons and tons of violent misogyny subs. There’s a family of them around “degrading women” or whatever.
This isn’t necessarily an opposition to people enjoying dark themes in porn. But these communities aren’t even quarantined. The comment sections often are disturbing and violent in a way that even wishing Musk an enjoyable mission to the sun doesn’t compare. It’s naked hypocrisy.
I think this is important. The fascists don’t have an opposition to porn, especially violent heterosexual porn. I’ve continued to hear about how Twitter is “good” for porn.
I think the craziest part about these dark porn subs is Everytime I mention this topic people know exactly what I’m talking about and then mention names, and subs I’ve never even heard of let alone want to comprehend.
And people want to advertise on Reddit? honestly how has this not made more news?
I can find graphic descriptions of wanting to slaughter women (and men, but less) as well as tips and tricks on how to have sex with a dog in a matter of minutes on Reddit.
Maybe someone can post an erotic story about a space billionaire getting snuffed and see if that’ll catch Reddit’s eye.
Like with the gore subreddits (i.e watchpeopledie, eyeblech) those subs need media attention first before getting suspended for good.
Meh, fuck em
I am proudly permabanned from reddit for telling people to punch Nazis.
I was permabanned for telling mods they have tiny peen syndrome.
Punching nazis isnt mindless violence. Its violence against the mindless
They permabanned my main and unrelated business account for saying I didn’t care that Trump said Liz Cheney should be shot. Apparently not caring is also “promoting violence.”
Cheney is a warmonger who has called for the killing of millions in unjust wars. I don’t care if someone threatens her.
Oh yea I was banned years ago for not caring when Herman Cain died. Previously they would do it temporarily (like when he died they went on a spree) but now it’s just permanent bannings for wrong think over there.
Hey that literally just happened to me too.
That was my first temp ban, years ago. I was shocked. You can’t be pro-Nazi punching?
Banned from politics after someone said there was going to be violence. I said “the tree of liberty and all that, right?”. Facism takes root when people self censor and over compensate.
shortly after the article came out talking about how Reddit is bending the knee to Musky’s hissy fit, I received two notifications from Reddit; one, a 7-Day ban for “breaking multiple rules” but not telling me what actually happened, and after sending them an appeal asking what exactly I was banned for, I received the second notification, telling me that I was permanently banned for, again, “breaking multiple rules”.
as far as I’m concerned, I’m finally free.
Commit Reddit suicide
r/redditseppuku
At least link to the Lemmy community:
They just told me I incited violence then kicked me out. No elaboration or anything. Now I’m here and finally free
I’ve been banned by reddit many times, but they always coincided with disagreeing with a mod. They don’t need to tell you what rules you broke when it was just a disagreement.
The one time this happened with me was with Worldnews after I told some racist shithead making derogatory, sexist comments against third world women (specifically, the Philippines, where I’m from) to shut up and stick to gardening. Got permabanned from the sub AND a 7 day suspension from Reddit. Racist guy got no punish of course.
So, it seems like this sort of thing commonly happens with big default subs, because I’ve never had a sub ban coincide with a Reddit suspension like that anywhere else.
Sounds like they are panicing if anything
I just got a 3 day ban for saying that it’s everyone’s civic duty to doxx anyone they know involved in this current administration’s nazi bullshit.
I still stand by that, and as soon as the ban clears I’m going to be wiping my account and closing it for good. Fuck that place.
Doxxing is against ToS and also just, straight up illegal lawfully in most places around the world, and wouldn’t be acceptable even on Lemmy. So I don’t really see that as an unreasonable ban, even if you had a good reason to say it.
I brought attention to some concerning moderation in spaces related to sex (and sexual assault recovery - a lot of subreddits are places for people to find victims to get them to tell their stories for “enjoyment”) and got some sort of IP ban a while back.
Keep in mind there’s circumstantial evidence that Ghislaine Maxwell might have been a power mod too.
Reddit seems like the worst company to invest in. The only thing they have of value is content created by other people in the past.
It’s not like the other social media platforms where people get trapped there for various reasons. Companies stay on Twitter, for instance, because they have followers and marketing that depends on it. I stay on instagram cause my wife and kids share things as well as organizations.
There was nothing keeping me on Reddit outside of the content. I don’t need to be on Reddit to get that content. And enough people have left Reddit and started building that content on Lemmy.
The only thing they have of value is content created by other people
This works great for YouTube, but Google is arguably the biggest ad company in the world. Just because an ad company with a sideline in user-generated content can make it work doesn’t mean that a user-generated content company trying to figure out advertising can make it work.
The reason is their revenue growth is dwarfed by all of the other tech/social media companies they exist in orbit with so they look weak, which they are.
you need to compare this with the market as a whole. the whole market is dropping and it has nothing to do with this
