• UnderpantsWeevil@lemmy.worldEnglish
    142·
    9 months ago

    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.

  • Billonthehill@lemmy.worldEnglish
    11·
    9 months ago

    Given that Xitter is going down the proverbial toilet, I am surprised Reddt didn’t see the risks in turning their platform into a right-wing cesspool.

    • barneypiccolo@lemm.eeEnglish
      9·
      9 months ago

      Musk has been pressuring them to go after critics of him, and the administration, and Reddit is capitulating. Cowards.

      I suspect it is because they want to buy TikTok, and they know HitlerPig will award it based on appeasement and the bribe.

        • barneypiccolo@lemm.eeEnglish
          3·
          9 months ago

          I’ve wondered if that will happen once they realize they’ve chased off so many core members.

          I’m not sure I’d return. I like the higher volume of posts on Reddit, especially in niche subs, but i don’t miss the bots, trolls, puns, novelty accounts, Russian karma farmers, etc.

          • Krudler@lemmy.worldEnglish
            6·
            9 months ago

            I was sign up number 3 the day they added accounts. I made I think one of the 1st hundred comments ever. I’ll never go back for any reason. The place is a joke, and what people keep going back for are the memories of what it was, not what it is.

  • Azwing@lemmy.world
    10·
    9 months ago

    I mean things could not matter potentially but I left Reddit permanently and came here cause of this.

          • TronBronson@lemmy.world
            4·
            9 months ago

            Same lol. I just had to ban evade and say that last patriot comment about amplifying the idiots and supressing the dissenters is not how we should run a democracy. Boom permaban. Do not question reddit moderation policy. It’s worse than luigi.

        • AngrySquirrel@lemm.ee
          2·
          9 months ago

          Yeah, they gave me a three day ban a few days ago, so I joined here. I have no plans on going back ever. I uninstalled the reddit app. I had been on that site to some degree for more than half my life.

  • Rhynoplaz@lemmy.world
    7·
    9 months ago

    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.

    • mmddmm@lemm.ee
      4·
      9 months ago

      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.

      • Xanthobilly@lemmy.world
        2·
        9 months ago

        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.

    • surph_ninja@lemmy.world
      31·
      9 months ago

      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.

      • reiterationstation@lemm.eeEnglish
        2·
        9 months ago

        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.

    • SunshineJogger@feddit.org
      2·
      9 months ago

      I got a 3 day ban for agreeing that putin should die (after Selenskyj said it would soon be so) and the joking wish that his natural death also happens to his chosen successors.

      Now im here.

    • barneypiccolo@lemm.eeEnglish
      1·
      9 months ago

      That was my first temp ban, years ago. I was shocked. You can’t be pro-Nazi punching?

  • RicoTheBird@lemmy.world
    6·
    9 months ago

    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.

    • nfreak@lemmy.mlEnglish
      3·
      9 months ago

      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.

      • andros_rex@lemmy.world
        1·
        9 months ago

        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.

      • ResolverOshawott@lemmy.worldEnglish
        01·
        9 months ago

        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.

    • Yuordreams@lemmy.caEnglish
      0·
      9 months ago

      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.

      • ResolverOshawott@lemmy.worldEnglish
        2·
        9 months ago

        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.

  • SSNs4evr@leminal.space
    71·
    9 months ago

    Last week, I got a 3 day ban from Reddit. The next day it turned into a permanent ban. Reddit claimed that it was due to a comment made about a video, showing a coach pull the ponytail of one of the girls on his team. While I don’t recall what my comment was, as the father of a HS girl who plays sports, it bothered me, but as a man in his 50s, who played football in the 1980s, who periodically got his ass kicked by his coach, when he screwed up, it didn’t bother me enough to say anything terrible. Of course, they deleted the post, and refused to elaborate. I’ve been supportive of Luigi, and have heard that Reddit was coming after Luigi supporters, so I thought that could be the real reason. Who really knows?

    • barneypiccolo@lemm.eeEnglish
      4·
      9 months ago

      I had a 12 year account and almost a million karma, and was permabanned after the inauguration for a comment i had made many times. I came to Lemmy and found i was part of a bloodbath.

      I’ve seen many people with bans on 10+ year accounts. We’re the people who built Reddit. Somehow we managed to make thousands of posts for all those years without bans, and suddenly all of us posted lifetime-bannable posts in the same month?

      • SSNs4evr@leminal.space
        1·
        9 months ago

        I was coming up on 4 years. I haven’t brought myself to deleting the app though, as there are some good subs there. I’ve been here for less than 1 full day so far, so I have a lot of exploring to do.

    • dutchcompass@lemm.ee
      0·
      9 months ago

      Crazy I know the exact video you are talking about. Wild that posting on that, of all things, got you banned.

      • SSNs4evr@leminal.space
        2·
        9 months ago

        My teen daughters were both surprised, when I told them of my ban - like I’m some sort of subversive rebel they didn’t know existed. They both laughed when I told them what Reddit said was the reason, and were both familiar with the video, from other sources. Life goes on. Less time on a screen can’t do any harm.

  • Bubbaonthebeach@lemmy.caEnglish
    2·
    9 months ago

    Please people, if you are going to look at stock prices, look back a year, two, or more. Reddit was slightly up from its 5 year point when in October 2024, like many other stocks, it wildly went up. It isn’t yet back down to the pre-October level. Someone (Musk and fellow billionaires?) have been playing these markets since the last US election to game money out of everyone else. There was no value in the business to justify the jump, just a pump and dump scheme to graft money out of the lower classes/pension portfolios.