News for hackers. Stuff that matters.

A comment on u/DeepFuckingValue and the GameStop Reddit mania. Parent comment

Re:u/DeepFuckingValue and the GameStop Reddit mania by MuffinFlavored on Friday January 29, 2021 @05:34PM (#25963650)
A ton of people aren't doing any thinking for themselves. I'm pretty convinced there's some kind of organized manipulation attack going on within r/wsb.

The same reason Parler got taken down for inciting violence without proper moderation, I'm seeing a lot of baseless claims from literally millions of people who do not understand how large/complex the financial systems at play are.

I'm kind of worried Reddit could shut down r/wsb because of the amount of influential misinformation being spread.

[ Parent | on HN ]
Re:u/DeepFuckingValue and the GameStop Reddit mania by sumedh on Friday January 29, 2021 @05:40PM (#25963736)
> I'm pretty convinced there's some kind of organized manipulation attack going on within r/wsb

Do you have any proof for that? If not then arent you the one who is spreading misinformation?

[ Parent | on HN ]
Re:u/DeepFuckingValue and the GameStop Reddit mania by ggggtez on Friday January 29, 2021 @05:58PM (#25963935)
I personally won't go as far as the grandposter here, but I'd be at least skeptical of any investment advice from random internet people.

Even if this instance is not manipulation, I'm sure there are people on wsb that do try to make money through manipulating each other. I think that's just the nature of the internet in general.

[ Parent | on HN ]
Re:u/DeepFuckingValue and the GameStop Reddit mania by MuffinFlavored on Friday January 29, 2021 @08:44PM (#25965176)
https://www.reddit.com/r/wallstreetbets/comments/l7u8h5/remi...

6,000 upvotes about the possibility of disinformation

[ Parent | on HN ]
Re:u/DeepFuckingValue and the GameStop Reddit mania by dylanz on Friday January 29, 2021 @05:47PM (#25963812)
There is no misinformation in there. It's average people buying, and the market is doing its thing. The eye-opening part of this is how brokerages like Robinhood are reacting.
[ Parent | on HN ]
Re:u/DeepFuckingValue and the GameStop Reddit mania by yreg on Friday January 29, 2021 @05:47PM (#25963811)
Reddit admins have been rather supportive of WallStreetBets[0], even helping the mods with special technical support and tooling to handle the load of users. They seem to have a good relationship.

Also kn0thing endorsed WSB yesterday. He's no longer officially affiliated with reddit, but it still says something.

[0] https://www.reddit.com/r/wallstreetbets/comments/l7yc12/wsb_...

[ Parent | on HN ]