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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[–] [email protected] 140 points 6 days ago (14 children)

They’ve banned all of the good people that made up the site. I used to do Secret Santa. For 10 years! And I had mothers thank me for making their kids holidays. And they banned me. Because I made a death joke about how old McConnell was. Dude looks like death walking. Prove me wrong.

I was a good user. Dark humor isn’t hurting anyone. Reddit will die. Just like every other popular site.

[–] [email protected] 46 points 6 days ago* (last edited 6 days ago) (15 children)

I was sign up number 3. I emailed Spez his own source code because he had the error reporting on his Web Server set to "VERBOSE".

I was permanently banned for an answer in an AskReddit thread that amounted to "what is true in your line of work that you can't say". My answer was that (edit: as I work in a highly female-dominated field of social work 30 women for every man).... non-males are insanely violent and one of the huge lies that is held in the public consciousness is that "men are the violent ones" when the reality is all people are violent, and there's a tremendous amount of IPV especially in same-sex partnerships. Banned for "advocating violence".

Edit oops I edited the wrong comment lol

[–] [email protected] 20 points 6 days ago* (last edited 6 days ago) (4 children)

I reported a comment for basically saying that men are the only violent sex, and they temp-banned me for abusing the reporting system. The explanation message (canned, I'm sure) said that abusively reporting people is a form of harassment or bullying, or something like that.

Eat shit reddit, and fuck spez.

edit: Based on my experience and what others are saying, I have to wonder, were they trying to burn it down from the inside?

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[–] [email protected] 16 points 6 days ago

Been there since 07, also work in Human Services. Reddit died with Aaron. He was the heart and soul of the site. The decline started shortly after that and it was slow, but it really picked up steam around the time of their IPO, and ever since they've pretty much embraced "evil". Fuck Spez.

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[–] [email protected] 37 points 6 days ago (1 children)

I left with my 14 year old account after they banned third party apps. Moderating large communities (1M+) with the official app was impossible, and I was moderating 3 of those, plus a bunch of smaller ones. I did Secret Santa 4 or 5 times (move countries frequently for my job, so it wasn't always feasible), and still have the Guinness World records certificate somewhere, plus a lot of free merch from the mod appreciation giveaways back when they weren't a shitcorp. Leaves quite the bad aftertaste.

Pretty sure that by now I'd have been banned as well, I never held back with dark humor and speaking out against evil corpos. In a way I'm glad I left on my own terms before it all went fully to hell.

[–] [email protected] 16 points 6 days ago (2 children)

I used to mod a million plus sub. How on earth could you do it without 3rd party tools? I am very happy here. It’s nice to be able to talk to real people again.

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[–] [email protected] 16 points 6 days ago (3 children)

I was a 12 year member with nearly a million karma. I was permabannef right after the inauguration, for repeating an anti-HitlerPig opinion I'd repeating numerous times before he was elected.

I came to Lemmy and found out I wasnt alone, i was part of a bloodbath. I've seen posts from many people with 10+ year accounts who were banned. We're the people who built that site, and made it what it was. Somehow we managed to be active for over a decade without a problem, but suddenly we all became violators in the same month, and need to be banned.

Now we find out Spaz wants to buy TikTok, AND The MuskRat threatened him. No doubt the threat was that if he had a prayer of being awarded the privilege of buying TikTok, he was going to have to obey, and violate Reddit's foundational free speech mission. The classic Reddit is dead.

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[–] [email protected] 27 points 5 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.

[–] [email protected] 4 points 5 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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[–] [email protected] 68 points 6 days ago (5 children)

I'm not sure why anyone would ever buy Reddit stock. There is no money to be made in Reddit. They failed to make any money before they went public, and they're failing to make any money now.

They tried the whole NFT thing, failed. They're trying to sell the data to AI companies but once that's sold they can't sell any more of it because the benefit of Reddit data was historical data unpolluted by AI, but new Reddit data is polluted by ChatGPT posts and is therefore worth less.

It's not even about banning people, it's about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you're actively trying to make a profit to please shareholders.

The only benefit to owning Reddit stock is if you have voting shares and can manipulate the algorithm to benefit you in some way. Suppress some voices, amplify others to back what you want to do etc. but you need money to burn in order to achieve that because you aren't going to be making money directly by owning Reddit stock and manipulating public opinion takes time.

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[–] [email protected] 36 points 6 days ago* (last edited 6 days ago) (5 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.

[–] [email protected] 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

[–] [email protected] 7 points 5 days ago (5 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.

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[–] [email protected] 3 points 4 days ago

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

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[–] [email protected] 7 points 5 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.

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[–] [email protected] 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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[–] [email protected] 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.

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[–] [email protected] 19 points 5 days ago

Fuck Reddit.

[–] [email protected] 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.

[–] [email protected] 34 points 6 days ago

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

[–] [email protected] 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.

[–] [email protected] 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.

[–] [email protected] 23 points 6 days ago (9 children)

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

[–] [email protected] 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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[–] [email protected] 26 points 6 days ago (7 children)

I just don't understand why a person would choose to invest in Reddit. What exactly is the value proposition here?

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[–] [email protected] 26 points 6 days ago (6 children)

Fuck reddit , its becoming weird being on there ... its feels off , like you're in an uncanny valley not knowing if you are taljing to a bot , a person or a troll

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[–] [email protected] 20 points 6 days ago
[–] [email protected] 10 points 5 days ago (1 children)

Reddit is kinda dead it now

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[–] [email protected] 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.

[–] [email protected] 28 points 6 days ago (5 children)

So I work in advertising for a company that is top 20 on the Fortune 500. We advertise everywhere including Reddit.

The returns on Reddit isn't even very good. We still spend money there as a pure name recognition play.

As of now, for the company I work for, it's not working.

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[–] [email protected] 19 points 6 days ago

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

[–] [email protected] 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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[–] [email protected] 27 points 6 days ago

Eat shit Spaz. Fuck you.

[–] [email protected] 22 points 6 days ago

I mean. Elon Musk is exerting control of the platform too. Do you really want THAT shit in your cereal?

[–] [email protected] 18 points 6 days ago (2 children)

Good, hopefully spez will get what's coming to him. He really ran the site into the ground.

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[–] [email protected] 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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[–] [email protected] 21 points 6 days ago

And my Reddit account is now gone, I nuked it.

[–] [email protected] 16 points 6 days ago

I see the fall of big social media into fascism as a big problem, despite the fact that it makes them less popular. The nazis are actively destroying spaces for communication of opposing opinions. They don't mind the medias are harmed by that. The important thing is that what remains becomes a fascist echo chamber. Most normal people won't be able to find alternatives like lemmy, so it makes the numbers of people with opposing views who are able to communicate smaller with every fall of a medium, social or other.

[–] [email protected] 17 points 6 days ago

Get! Wreckt! Spaz!

[–] [email protected] 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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[–] [email protected] 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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[–] [email protected] 10 points 6 days ago

Let's pick a day and everyone short it

[–] [email protected] 13 points 6 days ago* (last edited 6 days ago) (1 children)

cant be all those ban waves can it? feb 12-13th was the start of a massive account purging from the site,a nd you wonder why the engagment fell, leaving russian troll farms mostly intact, plus MUSK constant brigading on the site. remember MUSK is chronically ONLINE because hes on cocaine and ketamine.

by NOV-FEB there were already 3 ban waves, and the luigi+upvote bans was the 5th.

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[–] [email protected] 15 points 6 days ago

Probably they tried to own the libs. Lol

[–] [email protected] 14 points 6 days ago* (last edited 6 days ago)

They banned everyone except castrated Zionist establishment democrats, Nazis and Russian bots.

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