Maybe the bulk of users have already created accounts.
this post was submitted on 29 Jun 2023
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Reddit Migration
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I agree I think the majority of those who were going to move on have do so already. In time as the Fediverse grows it will pull others in.
There'll be another wave. It'll be significant, by current threadiverse standards, but not by Reddit standards. Servers will strain some people will be unreasonable about the degraded experience. Some others won't be. Resources will catch up as new instances come online. Things will relatively quickly return to organic growth.
reddit about to find out
reddit will be fine lmao people thinking reddit is actually doing to die down because of other, subpar websites
it will be fine in exactly the same way Twitter is fine ... by making up win conditions after the fact