• @jeffwOP
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    1428 months ago

    But Huffman, who cofounded Reddit back in 2005, also boasted that Reddit is different because it is “free from the airbrushing and filters of social media” and criticized what he sees as over-the-top meddling in online discussion.

    lol

      • @db2
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        548 months ago

        Silence, landed gentry!

      • recursive_recursion [they/them]
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        8 months ago

        yeeesh

        if I ever do this I hope I get iced on the spot as it means that there’s a level of integrity that can be verified across all federated instances

      • @SomeGuy69
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        28 months ago

        Maybe Huffman was getting nostalgic and started reminiscing about his jailbait subreddit, that was online for so many years on his beloved Reddit.

    • @ohlaph
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      158 months ago

      He’s quite delusional.

    • @[email protected]
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      128 months ago

      World news is a shower of shit.

      Might as well be the IDF propaganda devision at this point.

      • 📛Maven
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        158 months ago

        Before I quit, it was a pretty open secret that r/worldnews was a shithole, and the place to get news was r/anime_titties

        I don’t know if they’ve gone under too by now, though

  • Chaos
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    8 months ago

    Wild. I wonder how bad reddit will be in a few years. If you think it’s bad now, It’s not even publicly traded yet, and we’ve all seen how money grubbing being a publicly traded company can become. “Make line go up no matter what” 👀

    • @[email protected]
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      708 months ago

      NSFW is going to get banned within a year or two. It would be irresponsible towards the share holders not to, because porn lowers advertising value.

      • @slumlordthanatos
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        488 months ago

        old.reddit is probably going to be on the chopping block, too. I only go for niche communities these days, but I’m gone for good once old.reddit is gone.

        • @topinambour_rex
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          8 months ago

          That’s the plan. They announced it laqt year as the same time the api stopped to be free.

      • @BigMikeInAustin
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        148 months ago

        If they keep the porn, Texas Governor Abbott will block Reddit from Texas. Well, losing the MAGAts might help Reddit get better.

  • @muntedcrocodile
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    588 months ago

    I really want to see it crash i hope all of wallstreetbets shorts them into next year.

    • Jesus
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      128 months ago

      Anyone can buy stock, but to short you need to get approved for a margin account and you need to put up some collateral. Those are two big barriers that are going to block many Redditors in WSB from shorting.

      • @[email protected]
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        158 months ago

        Puts are a poor man’s short. Sold calls are a rich man’s short. I expect a lot of sold calls.

        • @muntedcrocodile
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          58 months ago

          Ahh didnt know i dont play the market but id love to see reddit get some well deserved karma

      • @NotMyOldRedditName
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        8 months ago

        You can just buy a put.

        There’s no infinite loss risk either, the amount risked is determined up front.

        Riskier in the sense it can expire worthless, you can’t hold it forever.

  • Cyber Yuki
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    278 months ago

    The fact that we’re reading and commenting about it on Lemmy is satisfying, despite the sadness of the situation. It’s like watching the city burn after you moved away and saying “wow, I guess I really took the right choice by leaving.”

  • @dhork
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    8 months ago

    When does it actually go public, anyway? I want to wait a week and pick some up after the inevitable crash

    Nvm, Google is my friend, trading starts Thursday

    • SuperDuper
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      168 months ago

      Just buy some puts early on. You do not want to pick up shares just to be stuck holding those bags for an indefinite period of time.

      • @dhork
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        28 months ago

        Well, yeah, but I didn’t think they opened up options right away on new stocks

  • @ganksy
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    28 months ago

    A week might not be the bottom

      • @BigMikeInAustin
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        38 months ago

        If WallStreetBets owns WallStreetBets, do we get a singularity?

        Diamond hands!

        • @Archer
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          8 months ago

          WSB will short WSB. They know themselves