Not all, but a good chunk of them of course. Reddit can also kick out people for having the wrong opinion, as they do, as was observed. The result is inconsistency, hypocrisy, and often in order to escape the fact, removal of transparency. Some of the major reasons of Rocket League lag are related to the server issues for the game which lead players to not connecting to the server, unavailability of servers as well as constant disconnections. Market transactions don't move the price, its people doing them do. Connection problems with Rocket League could be caused by many different issues. This time /r/wsb is the 'enemy'. The one making the judgement is the service provider. You can replace "real" with physical. GameStop, Blackberry, Nokia, AMC, they're all affected and I'm just counting days of developments here. For the tech platforms, the mainstream media, social media, etc they might as well ban every single person off of the internet at this point. Why do you separate users of /r/wsb from traders and hedge funds, as if those are different people? If you read what what you linked, you'd that everything his said is true when you dig down into it. Next time it'll be a Discord or Telegram board or something. How is that not market manipulation? Many different solutions to the problem emerged after a while and we have chosen the solutions which have helped the most users and presented them to you in a detailed article. Follow the instructions and hopefully, you will resolve the problem! Anyone can set up a server. Unlike GameStop their pumps have very little to do with short squeezes because these stocks were not being shorted anywhere near as much as GameStop was. That is exactly what censorship is, you don't like how they're acting or what they're saying so you censor them by kicking them out. An "Internal Server Error" happens within the web server attempting to show you an HTML page. While you may not be able to optimize the game servers, you aren't entirely out of luck when it comes to dealing with Rocket League high ping. That’s right, let’s ignore the context of this discussion, and instead argue the semantics of the word. I was completely unaware this was a thing: that means there can be a "run on the bank" if all of the customers wanted to sell on a short time period, and they don't actually have the shares to cover the sales? If you're thinking of a specific incident, and introducing it as a discussion point, you need to actually mention it. This is not rocket science. A lot of the people involved aren't just buying and holding. 2) There is no easy way to make money doing this - you're literally promoting a collective ponzi scheme (!) And we want to attacking people for who they were rather than attacking the argument, if its against people which is socially accepted to attack and dismiss. The alt right, internet strippers, people who like drugs, people who want to talk about stocks, people who want to talk about something their HR dept wouldn’t approve: these people all want free platforms. Here come the deplatforming (again). Moderation is when pornography is banned from r/programming. The government didn’t get involved. Nor is it a violation of free speech. It's so easy that even semiprofessionals can understand exactly which stock are hedge fund favorites. The outcome of such experiments always end up the same. Which is why defaults are important. http://reddit.com/r/wallstreetbets. And there will be more laws made targeting individuals engaging in this sort of activity (basically coordinating with groups of people). starts spreading obvious misinformation with the goal of We're going to see more fragmentation, and growth of closed platforms perceived by users as "slightly less evil" such as telegram vs watsapp. Or is your argument that they weren't using dirty words until after the fiasco started? I'm sorry my wording was bad. Asking a business to deliver on the promises they've made and continue to make is not an entitled attitude. Not a good omen. It would only be a fair parable if your coffee shop was the only coffeshop in the entire city or that it exists like 1-3 others but you all talk with eachother on the phone and collectively agree to deny those people service. It's not actually an excuse that events are unprecedented. Can you then explain how what you wrote applies to what I wrote? Even a small change in a stock's liquidity can result in a large impact on available price. I think it's moved on to incorporate substantial institutional weight at this point as well. Everyone upset about this should stop using discord. It's literally like robbing a bank and then going to the police to hand in the video evidence, only to be surprised when the policemen are not impressed. You have your default filters filter out the stuff the mods dislike. Here while making the users have a lot of fun, it wants to offer the users, one-stop for all the users’ needs. The flood of messages i got (XX is on Signal now) from techies and non-techies speak another language. That they can is not being argued, that they did it now is the issue. It looks more like a coordinated pump than a squeeze. Most will of course lose money on this, but this is not my point. I think IRC (which OP mentioned) outranks them all ifor the battle tested warhorse title. Can you explain how it's possible that 99% of shares were held by owners that were willing to loan their share? It’s obvious what they’re doing. As if an IRC channel wouldn't be shut down if it threatened oligopoly profits... All of the big social media networks are corporate property. Why is educating people to act more responsibly never ever considered an option? Connection problems with Rocket League could be caused by many different issues. No, almost all personal trading is buying stocks. Fewer than 30. No, that is absolutely not market manipulation. In two clicks I found their community guidelines on their website: "Do not organize, promote, or coordinate servers around hate speech. > (The have already assembled on /r/wallstreetbetsnew). If anyone has any tips, let me know. Connection problems with Rocket League could be caused by many different issues. The stock doesn’t actually need to be shorted that much. She's also a YouTube star.…” It's that easy. "Not ideal" is very different from "let's allocate capital randomly". Unless we rise above it. This occurred to Lehman Brothers. "Retard" is considered a slur by some. Good thing the old one came back. My point? Connection problems with Rocket League could be caused by many different issues. Go on Tik Tok for a while and count how many people complain that “their last video got them banned” (usually this is ethots promoting their only fans). The cacophany more closely resembles citizens band radio, complete with handles, harrasment, and anonymous threats. A whole bunch of people who are just learning and are doing crazy things. Success often comes down to execution of the play. This is not about knowing how to benefit from corruption. On the internet, bans are quiet and you can easily silence a large chunk of the userbase without making a noise. Do you believe in it's right to give power to somebody, whether it will be a government, private party, or a class to rule over allocation of capital, and decide whose capital allocation is good, and whose capital allocation is bad? Why wouldn't someone be allowed to lend out a security they own to someone else? I don't think they expected to run the company into the ground by merely shorting it, that's not how market impact works. Maybe i am planning hostile takeover. The whole reason we have a free market is because historically the big people in charge can’t allocate capital more efficiently than free-for-alls. The backroom deal will be a phone call to the CEO of reddit, discord, disqus and similar and tell them to cut it out. ", What does Discord want to be? There's been a lot of ink spilled on this story and it seems to have captured the public's imagination. As a former fund manager, I think it mainly illuminates bad risk management practices at one specific fund. Why is it a wrong comparison are you not being censored (according to the definition you provided). And I doubt share price is the only consideration made by lenders, if their share P/E ratio was very low (which shorting would cause) then this would also affect their lending opportunities positively. I think they were speaking in the broader context of Discord servers rather than the WSB Reddit or Discord specifically. It is egregious what Discord did. If you trade specifically to create an unfair impression of the supply and demand of a stock that's market manipulation. And I say that because we've just launched our own reddit alternative, Retalk.com. I will add that short interest > 100% is a very common risk measure that firms with a short position actively track. Short squeeze are nothing new, so it doesn't feel like a "watershed moment" to me. Are they sure that 'deplatforming works' this time? How does a low share price "destroy the company"? A few hundred thousands, maybe a few millions at most. My prediction is reddit will shutdown wsb because that's what reddit does. For the past while I've been playing Fortnite and Rocket League cross-platform with my Xbox One friends. Surely at least 2% of GME was owned by "regular people" whose shares just sit in their brokerage accounts? > The level of arbitrariness of legal process in legal systems of ex-UK colonies is in league of its own in the world, and USA is particularly prominent at that. You just need enough people who can't use or refuse to use a particular platform to trigger a mass exodus. I am fully aware that you can buy or sell stocks for a myriad reasons, including meming. There was no "insurrection at the capital." That means someone sold a GME share they didn't own (short) and failed to give it to the new owner within the correct timeframe (3 business days I believe.). the Herbalife short squeeze. In US, financial regulations are some of the most vaguely defined of laws, in the rest of the world, they are usually are the most verbose, and formal in definition. Make sure to follow the Rocket League Twitter handle to know more about all the latest announcements, info, server status, player reports, patch updates, and more. The very large social media platforms all market themselves as being neutral. You and your friends go in to talk about stuff. I mean, this is just arguing on the internet for you. This is exactly the same issue that we are still debating today. Sure people can create some kind of group / channel on another platform, but if they are banned from one there is no way for them to know where to go. Your word gets out, leapfrogging editors and publishers. It means sometimes tolerating hearing reprehensible views of the world, but it is either that or giving someone all the guns and the power to control what you say, and if history teaches us anything, that always ends badly for the regular people no matter the initial intention of the person doing the censoring, a power like that is irresistible to those who want to use it to benefit themselves. In that affluent county, with plenty of computer companies, how many voters logged in? There are two kinds of people involved: those trying to make a point and those trying to make a buck. For those wondering why the sub went private for a time: "We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore". The crash will be worse, and it will affect people personally - the plebes are going to lose a lot of money on this one in a few days when the market moves on. > If you think the lawmakers and regulators will throw their hands up and say geez, it's technically legal, carry on, you're sorely mistaken. We want to specifying gender when it is unnecessary, as long it not in the wrong situation. Despite the fact that there are widely repeated accusations of market manipulation by specific hedge funds on reddit, there is no actual evidence for it. It will look somewhere between an egalitarian social movement, or a few now-wealthy loudmouths who took everyone else for a ride. However the missing key here is that a lot of times, these are genuine "political movements" before they've cooled & solidified, and exist solely as mis-directed or nebulous emotion, hence the "hateful" and distasteful content. Be specific. From Dog-sitters to Family and Business. Do you want a change in this society? > ive been folowing this saga since GME was 60 or so but sadly i was too afraid to become autistic, and have now gone full retard. Do you truly believe in their right to private property? If not allowed, why wouldn't I be allowed to make an agreement where I pay you the difference between a future stock price and some fixed value? This can be due to a number of reasons, includ Independent internet, exactly what is that? See list of cookies, These cookies are essential for the website to function. 90k+ commetns on that thread, and in that subreddit. I have no doubt many of the posters trying to defend the move are being a bit disingenuous. in democratic countries, maybe unless a certain political figure You would also be censoring people if you ran an upscale restaurant with a dress code and standards of behavior, or if you didn't let them post ads on the walls. They're essentially just banding together on public information here. On the other hand, timing of these bans are very suspicious, maybe they recieved a phonecall and banned the community under false pretences. Recently, we’ve seen a steady increase in this violent content on your website, all of which violates our terms. It doesn't work. For pointers to other active and/or recent vertices of this story graph, see. What about a whole subreddit worth of people? We just happen to have stumbled into one of those unusual situations. It won't be long until they realize what the long con really is: central bank based fiat currency that created these boom-bust cycles in the first place. Reddit can kick people out if they don’t like the behaviour. and it just "happened to be" done after the short fiasco. comparing retail investors who have voting power and economic influence over public markets to 'a bunch of teenagers' is a gross oversimplification. The internet needs a true public square, not a private entity masquerading as one that for some reason totally unbeknownst to them has to constantly remind everyone that they are not a public square. For everyone willing to talk about "key leverage points in the social graph" it's weird how they won't call those people leaders. undermining the election process. > Why wouldn't someone be allowed to lend out a security they own to someone else? That may be true, but this isn't going to end well for the average consumer. I'd argue that the last year or so of Tesla was the first major incarnation of this gamma squeeze + memes to burn short sellers but yeah GME is a while other level. Connection problems with Rocket League could be caused by many different issues. How about simply not being deliberately offensive or hateful or using whatever rhetoric that could ultimately translate into real-world violence? A small group of retail investors can't manipulate stock so they can be exempt. Pretty sure when krageon said "that's not what they said" they were referring to poster of the original comment that was being replied to - not the know it alls from 90s. My guess is that majority of users there are traders and employees of such funds, simply using yet another talking space. What exactly would be illegal if I was on the right side of a short squeeze on purpose? Obviously there are tons of shenanigans, but otherwise, it's an essential role. And those least likely to understand the point are also probably the ones buying into the stock late (and at an inflated price). This was taken too far and the market has a method for correcting this behavior and we're seeing it now. Thanks for your input. Maybe if they had no clue what was happening and did no due diligence, but that is not the case. > And there will be more laws made targeting individuals engaging in this sort of activity (basically coordinating with groups of people). {...} You remove some violent content when contacted by us or others, but not always with urgency. What I am opposed to is businesses that market themselves as places to freely discuss, wait til they have market control, then change their terms and kick people out based on tenuous accusations, in this case for the apparent reason of protecting hedge funds from the market. You're talking about the hedge funds, right? It’s not your job to decide what is an efficient place for capital. There is historical evidence of this, the monarchs of the centuries past, the Catholic church, they all stifled the ability for people to freely discuss ideas, and even killed people for sharing the wrong ones. All material about Rocket League belongs to Psyonix, Inc. It's more matches, more action, and more hype. Right. In the extreme case this could be true of almost any company. I’m happy to have a discussion on why capital owners probably stole their wealth at some point. The reason that short interest is calculated on public float is because that makes the most sense for normal situations. This isn’t a case where the stock will drop in mere minutes. A new Rocket Pass, arena, competitive season, features, and new items are about to take the stage! Stock can be bough for reasons that have nothing to do with it's market value. Today, the superusers or platform admins can prevent "controversial" entries from even being visible on the platform/subplatform/subreddit. Beyond this, I'm sure there are many funds who try and successfully manipulate the markets, but they try to do it quietly. If the new regs enshrine the current reality in law then maybe there'll be more hope for fundamental reform. A law whose execution is wholly arbitrary is not a law at all, and a country allowing arbitrary interpretation of laws is lawless. Explaining to people less experienced than myself how a short squeeze works? Shorting a stock because you genuinely believe the company is crap is not market manipulation. If you hold steadfast to "free speech", no group ever gets past that first stage, so they can never take power. However, by modifying the default settings, your experience of the site and the services we are able to offer may be impacted by blocking some types of cookies. I believe we're going to see fragmentation in platforms rather than open standards. If you want to see them all you'll need to click through the More links at the bottom, or like this: https://news.ycombinator.com/item?id=25935511&p=2, https://news.ycombinator.com/item?id=25935511&p=3. Nah, they'll just go on 4chan like everything else being censored. Mar 19, 2019 - 26 – Atjazz, N'dinga Gaba, Sahffi – Summer Breeze … Today, the Rocket League server … The populism on this issue is completely out of touch with reality. Our most common tool to do so are laws that governments everyone equally, and which enforcement is designed for consistency. So is any group of people, including hedge funds and the government as we've seen over and over and over again. Coffee shop does nothing, so they are evicted. I don't know if its true but where is the line for a ban if a genuine effort is being made to moderate? 534 Likes, 9 Comments - University of Rochester (@urochester) on Instagram: “Rochester graduate Emma Chang ’20 is a classically trained musician. It's that easy. Do you think that this is wrong beacsue people are going to lose money? See if Rocket League is down or it's just you. Lets apply this idea further: google maps could refuse to probide navigation to strip club, water company could cut off water supply if they think you are having a swinger party, and electric company could threaten to cut you off if you install solar panels. Market abuse, including market manipulation should be punished irrespective of who is doing it. Can you explain what individual or company can own 140% of available shares? You have a case of a hedge fund that was playing games to manipulate the price of a stock downward for a quick 400% profit the last few years with what appears to be no hedge on the other side of the bet. Why is the solution always to either shut something down or to regulate? The positions of hedge funds versus, uh, retail traders on an Internet forum is an unequal one from the start, anyway. Yes the big guys should be prosecuted. What you see from most of us is recommendation to stop using services that silence you. To be clear, market manipulation is very vague and very broad, and from what I've read the SEC is only going after you if there was fraud or lying involved. Our site uses cookies to offer you a better browsing experience, enable embedded videos, analyze site traffic, personalize content, and allow advertisements. In that case throwing someone out is a totally acceptable option. As for GME, just put on your diamond-grade hands for once and hold until Friday's squeeze. And here is yet another variation. It's also moderated, but by different standards. If you think the lawmakers and regulators will throw their hands up and say geez, it's technically legal, carry on, you're sorely mistaken. Rage inducing headache is a very common problem anywhere when it comes lag. Re-reading your original comment, I still can only read it as Discord banning WSB because people are speaking out about their real life issues. Yeah I'd like to caution that approximately everything reported about this is basically incorrect, even from reputable media. ", In other words, they told the kids not to swear and enforced it but someone came up with a new swearword that the cafe owner didn't recognise (it's hard to think of an analogy for using weird characters to say a bad word) and so the cafe got shut down. For once, you know nothing about me and second, you are attacking a strawman. It may not be the highbrow enough for some, but that is no reason to shutdown their community. Below you will find the most common fixes if you’re getting any of the following messages in-game: You are currently not connected to the Rocket League Servers; Not Logged in to Rocket League Servers; No servers online, Please try again later Why would you ever paint yourself in a corner where you lose 30% on a single name? I haven't said that. There is a financial incentive! FT is claiming many are “alt-right” all of a sudden. This story is being badly reported all over. > The difference is retail is going to win AND there's no backroom deal to be made to stop the bleeding. This may hurt newsletters and other financial venues. In the same way, I'm guessing that you're not going get far on this forum calling people "retards". They need... 1) Internet bulletin board. > Let's wait six months. > ... essentially reckless market manipulation by a group of loosely banded individuals coordinating online. While this large player base is great for the game, it can cause a lot of trouble when the servers go down. There's discussion of WIN setting up a wallstreetbets.win site, like /r/thedonald did after they were banned. Newsletter sign up. Banning every single idea besides a pre-approved list of topics? The easiest way of checking Rocket League server status and ping. No collusion required. Banning for the wrong opinion is of course censorship. Finance is highly regulated and arbitrarily so. I play on PC Windows 10. If we chose our politicians more carefully, we'd see better results. Context is fuzzy when nesting comments like this. This is trickier than it might sound, because you are in some sense restricting the rights and capabilities of some subset of the shares. Isnt reddit a public forum? And that's good, but you are a coffee shop and not a platform. Yes this most recent operation was a smashing success, in terms of convincing shallow thinkers that it's wrong for subjects to bother their rulers. By clicking "Accept," you agree to the use of the cookies as they are currently set and are okay to continue. Unequivocally. A fansite for the game by Psyonix, Inc. ©2014-2021 - rocket-league.com / We're just fans, we have no rights to the game Rocket League. This seems to be easily solvable by just making moderation an opt-out default. Allowing that person to freely speak was reducing the classes freedom over all, because that person wanted to dominate the discussion so much, they fostered a climate were all other discussion was not possible anymore and free speech was prevented from happening. Server statuses are live and confirmed each time this page is loaded, we do not cache data to avoid out of date information. It's just... so easy. I sincerely thought he would just be someone who wasn't "with it"... but no, he actually has a clear understanding of how the promises that the internet didn't materialize in the 90s, and still haven't today. To just say go use another platform is really not a fair comparison. by limiting financial opportunity for the devaluing company to the point that it inhibits normal every day business, creating a feedback loop that the company may be unable to recover from. See list of cookies. Find out what should you do. This site checks Rocket League's server status from your current location. OP is saying that if there's enough casualties, maybe it will be the catalyst for a movement. The trouble comes back to the issue when a community and places such as universities tries to mimic laws without actually consider the problem of consistency, and at the same time wanting to believe in principles that they then don't apply to everyone. Predicting it? Letting private companies enforce their terms of service may not be a perfect alternative, but it is a reasonable one and has been somewhat effective. HN itself has the "showdead" setting, which defaults to false. I disagree, it is censorship. We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators. Check the Steam’s server status from here. > They're specifically buying/selling short dated out of the money options in order to move the price. >It does feel like a watershed moment regarding hedge funds. )perception of certain opinions being opressed, when in fact they are often just socially unacceptable because of their destructive nature. Yes, I was talking about hasanabi's discord server (a twitch channel) in particular, but I'm sure it's not alone and there are reasons. You don't need AWS, you just need an internet connection. Here’s what you need to do under settings in Rocket League: Open the Steam client and launch Rocket League. I don't know where you even come up with these outdated ideas. All of a sudden the WSJ is publishing an article about the founder getting kicked out where he claims the subreddit is full of white supremacists. This is a tired old argument and it isn't convincing or effective. For Rocket League, accepted Creators will earn 5% of Credits spent while using their Creator Code. So while in theory naked short selling is illegal, in reality it is tolerate and allowed. Short interest increasing over 100% is something that happens organically when many firms want to short the same thing. > Why do you separate users of /r/wsb from traders and hedge funds, as if those are different people? ; You can also head over to the Down Detector website to check out the real-time server status. Now Robinhood has stopped allowing purchases of those securities. It doesn't require anything nefarious. If Reddit doesn't lift the limits and helps the WSB team out with moderation, they're shooting themselves in the foot because Reddit HAS to act if the WSB team can't moderate effectively. The worst part about this observation is that this is the very reason being given for why twitter isn't getting kicked off of AWS. If I short a stock because I genuinely believe it's overpriced, that's perfectly legal. The corruption that this has led to, is unfathomable. That's very different from the closed environment we associate with high finance. This is the opposite of what you get from a public utility. But we don't, so we get what we choose. There's vagueness in securities laws and this will continue. And you need to review the code of conduct for this platform, as you are in violation and, according to your own logic, should be kicked. > "So it's simple to discover and execute, and there is a financial incentive, " - please - no, this is completely irresponsible. ". The right to speak is the right to offend. The barrier of entry is just so damn low, and that's in part also why this has happened. Is it more nuanced than that? This GME thing is just one little piece of an overall new zeitgeist. And there will be more laws made targeting individuals engaging in this sort of activity (basically coordinating with groups of people). Never thought its gonna get to a point where i have to explain individual liberty in the west. Feds or regulatory body will crack down, we'll just accept another banned community that is "a threat to our democracy" and we'll move on. But with big platforms like Facebook, it's not easy to opt out from them. Many times I've read a discussion about someone being fired for a social media post. And it is nowhere near as clever as the people who try this think it is.

What Does A Pineapple Sticker On A Car Mean, Where To Buy Cars Gta 5 Story Mode, The Crew 2 Graphics Update, Stoney Patch Uk, Bubble Sheet For Mcqs Pdf, Round Silver Wall Mirror, Louisville Slugger Lxt Vs Rxt, A La Claire Fontaine, Byredo Mojave Ghost Cena, Magnesium Nitrate And Sulfuric Acid Net Ionic Equation,