this post was submitted on 28 Mar 2025
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] Mallspice@lemm.ee 27 points 6 days ago (2 children)

The value of Reddit is the content which it is able to create. If users aren’t free to create content, there is not value.

[–] wtckt@lemm.ee 4 points 6 days ago (1 children)

It certainly was what people drove there. That doesn't make money. The only value that counts for the bottom line is the data ultimately for marketing purposes. And the reach and trust that makes it great to sell shit.

It'll also be a great propaganda vehicle. Which might be worth even more in the current climate.

Anyways Reddit is dead. It ran far longer than many thought. But I think the cadaver won't stay fresh long enough to be eaten.

I think many of the tech giants are becoming scared. Because it might be a bit of hassle to just use another platform ultimately it's fucking easy to migrate and the when the momentum is there it can go pretty fast. No one really needs Amazon or Facebook or Reddit. And people really are pissed off. Fuck them. All these valuations for tech are just ludicrous when in the end the main driver is selling people shit more effectively.

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[–] Ledericas@lemm.ee 2 points 5 days ago

remember the first purges in 16-17' when trump was in power, GOP started complaining about online spaces hosting these "violent, illegal" activities, and subs got banned asap. now again, musk is complaining about the same thing.

[–] carrion0409@lemm.ee 36 points 6 days ago* (last edited 6 days ago) (4 children)

Good. I got banned just today for "inciting violence" then when I asked what I did they couldn't tell me. Musk pressuring spez into harsher moderation is probably part of why I was actually banned. I followed every rule but was active in left wing communities and it seems that's enough to be deplatformed under the trump regime.

[–] lydon_feen@lemm.ee 12 points 6 days ago (6 children)

Holy shit, me too.

They said I threatened violence because in a thread about Putin potentially being sick, I said I wished he had a painful slow death.

Apparently even bloodthirsty dictators get to have their poor feelings protected by Reddit.

Fuck Reddit! I'm just gonna abandon that shit platform

[–] Doctor_Satan@lemm.ee 7 points 6 days ago (2 children)

I had two main accounts. My oldest account got permabanned for a joke about Nick Fuentes. After his address got doxxed and he pepper sprayed a woman who rang his doorbell back in December of last year, I said "hey as an incel he should be happy that the ladies know where he lives now so they can share a cocktail with him", and I added a cartoon gif of a Molotov. It was obviously a joke, but they said it was "promoting/glorifying violence". I ate the bullet on that one because they were technically right, even if they were a bunch of humorless twats.

My other account got banned about a month ago when I up voted a comment that was just a picture of Luigi Luigi (the Nintendo character) smoking a cigarette. Again for "promoting/glorifying violence".

Elon Musk is a weak little crybaby and Steve Huffman is a pathetic coward.

[–] Ledericas@lemm.ee 2 points 5 days ago

sounds like you were part of the ban waves going on. there was one around the election, another around DEC mid, we noticed because reddit was extremely quiet of all propaganda for like a day or 2.

[–] lydon_feen@lemm.ee 2 points 5 days ago (1 children)

Wait... What?

Sure, the first example is understandable.

The second!? WTF!?

[–] Doctor_Satan@lemm.ee 3 points 5 days ago (1 children)

Yeah they've come out and said recently that even interacting with any content or comments that could so much as be perceived as being related to Luigi Mangione is a violation of Reddits policies against promoting violence. People have been getting warnings that their accounts are in danger of being permanently banned just for visiting certain subs. Not for posting. Not for commenting. Not even for voting. Just for visiting.

[–] lydon_feen@lemm.ee 3 points 5 days ago (1 children)
[–] Ledericas@lemm.ee 3 points 5 days ago

basically the thought police.

[–] Ledericas@lemm.ee 3 points 5 days ago

you got brigaded by pro-russian bots, and yes russian backed trolls do mass report people too.

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[–] Hellahunter@lemmy.world 7 points 6 days ago (1 children)

I was Permanently banned for harassment because I asked a mod why they banned me.

Mind you, I’d ask, and they’d mute me for a week straight instead of just pointing out what got me banned.

lol I pray for their downfall; this news pleases me.

[–] Ledericas@lemm.ee 2 points 5 days ago

Some mods are in cahoots with the admins, so they can just exaggerate the seriousness of a report and get people banned.

[–] LeninOnAPrayer@lemm.ee 7 points 6 days ago* (last edited 6 days ago) (6 children)

Harsher moderation followed by a bot farm the richest man payed for to report every account that is critical of Nazis.

I'm not even kidding. At this point the amount of comments on Lemmy that I've read that had 10+ year old Reddit accounts banned for "inciting violence" is crazy. I was one of them a few months ago. Told a dude denying a Nazi salute was a Nazi salute to "go to hell where Nazis belong". Was banned within an hour. Permanent and IP/Metadata banned. Instant response of "no" to my unban request.

This is not a unique experience either. Leave reddit like it's the plague. Digg died because of bad decisions. Reddit seems like it's gonna become 4chan but for the mainstream. I don't know if it'll die. I think they're purging anyone that has leftist profiles.

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[–] Ledericas@lemm.ee 2 points 5 days ago (1 children)

Oh yea the generic "site wide ban message doesnt even tell you what the violation was" i think it gives reddit arbitrary and vague reasoning to ban you.

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[–] surph_ninja@lemmy.world 38 points 6 days ago (1 children)

I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.

On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.

Can’t wait to see how they try to spin things on the next one.

[–] GreatDong3000@lemm.ee 2 points 5 days ago

They can just count all them bots as active users. Much like twitter

[–] sith@lemmy.zip 19 points 6 days ago

Fuck Reddit.

[–] SpaceOctopus@lemm.ee 29 points 6 days ago

Hey cool beans we're the direct result of that! What good news!

I trust reddit as far as I can throw it these days.

[–] supersquirrel@sopuli.xyz 34 points 6 days ago

One man's slowing growth is another man's hardening growth (me, from reading this headline).

[–] hikuro93@lemmy.ca 35 points 6 days ago

I mean, with all the censoring and pandering to Musk, allowing for entire bot swarms to the point it really becomes obvious it's happening - who could have predicted this?

That's right, kids. Allying yourself with fascist tendencies in any way, shape or form will hurt you in the long run. Just provide the damn service people are looking for and stop playing god, trying to use your platform to shape opinions and censor statements you or your buddies don't like.

[–] LePanTheOpticon@lemm.ee 27 points 6 days ago

Shouldn't suprise anyone especially with the recent grovelling before Musk.

I've created this account here today particularly because I found that behaviour absolutely disgusting.

[–] HulkSmashBurgers@reddthat.com 23 points 6 days ago (9 children)

I wonder how long until they ban porn. That'll kill it dead for sure.

[–] straightjorkin@lemmy.world 10 points 6 days ago (1 children)

Idk, I doubt the advertising partners really have a problem with reddit porn. This dip is likely a reflection of the article linking reddit moderation policies to Elon Musk (absolutely hilarious that he's so toxic to stocks he's killing other people's companies now). I don't think this is even a reflection of a drop in users yet,

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[–] Elkot@lemmy.world 19 points 6 days ago
[–] markon@lemmy.world 10 points 6 days ago (1 children)

Reddit is kinda dead it now

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[–] a9249@lemmy.ca 19 points 6 days ago

No surprise; It's seemingly all bots arguing with other bots now anyway.

[–] Draegur@lemm.ee 18 points 6 days ago (3 children)

Lol suck shit reddit. Rot in piss ~~you won't be missed~~!

It might be at least a little missed for all the useful info and history that it had accumulated over these decades... But oh well.

They shat this bed they get to lay in it

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[–] Bring_Back_Guillotines@lemmy.ca 12 points 6 days ago (1 children)

I left when I couldn't use the word "idiot" because it was a trigger word.

Sure Jan.

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[–] RawDog@lemmy.world 2 points 4 days ago

Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.

[–] ChristmasIslandZone@lemmy.world 9 points 6 days ago (5 children)

Got banned over there a month ago, came here hoping to find something of a Sonic community in the same vein as the one over there (very involved in that fanbase, did a lot of my discussion on reddit), has not materialized yet, not enough fans over here, hopefully that changes at some point. I thought at first that it was the open support of Luigi's alleged actions that got me banned, I could be ok with that, I get it, supporting violence and whatnot, I broke the rules, and they were sensible rules more or less, but the longer I look at the current happenings over there, the more suspicious I am that it was because his name came up at ALL, multiple times. That's annoying. That feels less justified.

Also becoming more and more glad it happened when it did. Lot of overt, fascist appeasing censorship going on over there. Like it's not even subtle. There's no ambiguity in it, it's just "this post criticized or disparaged Musk or Trump in some way. (Removed from Reddit)."

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[–] dwazou@lemm.ee 5 points 5 days ago* (last edited 5 days ago) (1 children)

Daily reminder that Reddit automatically gathers your data.

If you still have a Reddit account, change your privacy settings right now :

👉 https://www.reddit.com/settings/privacy/

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[–] bitjunkie@lemmy.world 10 points 6 days ago

Let's pick a day and everyone short it

[–] poyo_527@lemmy.world 4 points 6 days ago
[–] Apple87sagan@lemmy.world 2 points 5 days ago

Everything they touch dies

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