Re:Discord bans r/WallStreetBets server, subreddit went priv...
by llampx on Wednesday January 27, 2021 @07:18PM
(#25936220)
How many hedge funds have had their email cut off so far?
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by peteretep on Wednesday January 27, 2021 @09:09PM
(#25937226)
How many have a public channel with hate speech?
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by astauf5 on Wednesday January 27, 2021 @11:51PM
(#25938336)
hate speech as in "f*ck these dumbass hedge funds trying to bankrupt Gamestop and make thousands of people lose their jobs?"
Is that hate speech now?
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by peteretep on Wednesday January 27, 2021 @11:53PM
(#25938353)
Is that what was written there? Discord and the WSB team seem to think it was more serious
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by llampx on Thursday January 28, 2021 @10:39AM
(#25943514)
We weren't talking about public channels before. Also, public also means that anyone can come in and disrupt the conversation. Agent provocateurs.
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by TeMPOraL on Wednesday January 27, 2021 @07:17PM
(#25936211)
Would it change anything if someone at Discord, particularly someone involved in making this decision, had a stake in GameStop's stock performance?
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by sillysaurusx on Wednesday January 27, 2021 @07:09PM
(#25936090)
Yeah, I didn’t mean it in the legal sense. It was just interesting that this decision can cost certain people millions of dollars. But that’s true of many actions in the world, as you say.
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by necubi on Wednesday January 27, 2021 @07:12PM
(#25936148)
"Market manipulation" is what we call it when you affect markets illegally. If it's not illegal, it's not manipulation. For example, if I buy a bunch of stock in a company it will usually raise the stock price. That affects the market but is not illegal and is not manipulation.
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by thaumasiotes on Wednesday January 27, 2021 @07:38PM
(#25936466)
> "Market manipulation" is what we call it when you affect markets illegally. If it's not illegal, it's not manipulation.
This is backwards. The label "manipulation" is applied (or not) retroactively based on whether something was determined to be illegal or not. It's not something you can know in advance; two copies of the exact same action might be judged differently.
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by eli_gottlieb on Wednesday January 27, 2021 @08:52PM
(#25937089)
>If I run an email service and find that a user is running a pump-and-dump scam through it, do you really think I shouldn't be able to shut down their account?
Yeah, I kinda think the SEC should be in charge of whether you're doing a pump-and-dump or not.
If I run an email service and find that a user is running a pump-and-dump scam through it, do you really think I shouldn't be able to shut down their account?
(If you're interested in the actual law on market manipulation, it's here: https://www.law.cornell.edu/uscode/text/15/78i)