Federate. Anonymize. Consensus based moderation. Without that we succumb to tyranny.
The problem with consensus is you can fake it pretty easily with a bunch of bots.
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.
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
It’s not going to be representative unless you compare it to the same cohort - tech stocks.
Do you mean “fell”?
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?
♥️✨
you need to compare this with the market as a whole. the whole market is dropping and it has nothing to do with this
Good. Fuck em.
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.
Must be some hell of insider trading, shorting the stock and driving reddit to the ground cause there is no other explanation why they would keep making more stupud decisions
I know it’s bizarre
The drop started right around the first wave of bans. Fuck Reddit.
I left however many days ago my Lemmy account says - from being a daily user ^
So it was me that caused it.
good job @sendprudes@lemm.ee
You’re gonna get so much ankle, hero.
I hope my dude is sitting down somewhere alone
Lol OP are you serious with this low effort shitpost? I’m all for shitting on Reddit but in case you’ve been living under a rock the past month, THE ENTIRE MARKET HAS GONE DOWN, OF WHICH ALL TECH HAS BEEN HIT THE HARDEST. I mean my God, what even is this community? Ya’ll drinking the Kool-Aid here hard.
The less I hear about that shit hole, the better I feel.
Good, let reddit die. Conversations shouldn’t be profitable.
Fuck /u/spez
1M chart doesn’t show anything. We can see that the decline started on 7th Feb, together with US stock market in general. It has nothing to do with “Reddit siding with Musk”.
It does when you compare it to the market average.
You can’t make any decisions across one month only.
What, you want them to wait until supporting fascism pays off?
Wut?
You can make comparisons, all boats are sinking, but a few of them are tied together, and one of the captains has a corkscrew.
