[0] https://www.buzzfeednews.com/article/johnpaczkowski/amazon-p... Also, if you have people coming to your coffee shop and acting badly, people can judge it for themselves and form their own opinion. The infamous VW short squeeze was also caused by significantly less short interest: Very true, but the less shorted or at least the bigger the difference between available shares and the short position the harder it is. Psyonix uses cookies on this site. Open source password manager with Nextcloud integration - nextcloud/passman Jeez what a way to really create a lack of trust and further erode our democracy. The large hedge funds will be fine, we might see a few bailouts, and life will go on. There has been a surge of new accounts spamming the sub and trying to manipulate people into selling. The problem is, that discord uses certain criteria to determine if a server is able to police itself, and those criteria happen to be fairly harsh on repeat (even if swallowed by the noise/message stream) disability mocking. Here's a link that I found on the top of the top thread of the subreddit [0]. Nah, they'll just go on 4chan like everything else being censored. Read about how we use cookies and how you can control them by clicking "Settings." Hell, throwing away cash on lotteries is also a terrible way to build fortunes, yet it's a massive industry and lives are ruined over this as well. Apparently, the crowd at this Discord channel were ok with calling each other gays, autists, retards, or whatever. I can easily imagine a law getting passed that in order to invest in a brokerage account where you have autonomy over the investments requires you to be an accredited investor, and it will be worded so that it is for the benefit of the people who were taken for a ride on massive "pump-and-dump" schemes that originated on misinformation platforms and social media, regardless of whether they were truly pump-and-dump or just tom-fuckery against "big hedge". No, very few people care about the ethical implications of what OP 's talking about. Would anyone even read our signs? "Turns out that Discord doesn't like people using the terms "Retard" and "Autist" in a disparaging way.". Censorship is when pornography is banned from r/pornography. If a bunch or teenagers come into my coffee shop and start loudly calling each autists and retards I'm going to kick them out. Tons of new accounts are spamming these tickers everywhere. Related: Rocket League: Complete Beginner’s Guide. 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. We’re seeing the same thing happen with Koss, BB, and AMC right now. > The internet needs a true public square. This is why no smarty pants bureaucrat should be allowed to wiggle out arbitrary powers by coming with "interpretations," "extended definitions," or "legal theories.". Meanwhile banks will periodically be sued for tens of billions that will fill the coffers of attorney generals, justice departments and various state regulators [0]. You just need enough people who can't use or refuse to use a particular platform to trigger a mass exodus. > Very few people care about what you are talking about. 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? Arguably, because we don't put people into office who are able and/or willing to require people to act responsibly. Behind the scenes, it is very different; anyone can easily run a server, and all these servers are federated (think email), and connected to the same universe, called the Fediverse. > It does feel like a watershed moment regarding hedge funds, If anything is market manipulation, its shorting over 100% of a company to push down it's share price even lower and destroy the company, That's just building a large position. Or as a neo nazi once said to me: "we want to establish the old power again, so we can silence you. I'm slightly sceptical, because with open standards you still need to do moderation somehow. Arguments like these are all to often made out of convenience, but should be made in good faith and on principle. Get ready to get loud! When they said: "you are trying to silence us" what they meant is "we want to establish the old power again, so we can silence you. I said nothing about there being only one legitimate reason to trade a stock. If I go to a widely publicized open forum and say: "Let's go and squeeze the shorts so that they go bankrupt, oh and here's a picture of me doing just that." She's also a YouTube star.…” 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. Our site uses cookies to offer you a better browsing experience, enable embedded videos, analyze site traffic, personalize content, and allow advertisements. > (The have already assembled on /r/wallstreetbetsnew). This is not what happened here. Asking a business to deliver on the promises they've made and continue to make is not an entitled attitude. I don't blame them at all, it's the system that sets these incentives. It appears to me that our society is currently threatened by a group using the exact strategy that those Nazis were using in your home country, except they're at the next stage, past the using free speech and actively now attempting to destroy it. > There's decentralized systems but they aren't there yet in terms of usability for millions of people to just log on and use seamlessly like they do w/ Reddit. Rocket League is basically a vehicular soccer video game. Check current status and outage map. If your building something it's about quality. That's very different from the closed environment we associate with high finance. To fully enjoy competitive play-style in Rocket League, there must be no latency problems. Rocket League Lag Fix Solution. Certain things are never okay. Okay cool, let's invent a new term. It doesn't require anything nefarious. AWS, gcp, Azure isn't going to host illegal or risky content. What the hell are you on about? “502 – Web server received an invalid response while acting as a gateway or proxy server. That means that when they decide to buy back the stock to close their shorts, they will need to buy every single stock of the company, return it to the people who lent them their stock, and those people will have to now sell it, so they can buy it again to return it to other people. My guess is that majority of users there are traders and employees of such funds, simply using yet another talking space. The whole context of his argument is that the internet is not going to replace business as usual. Now, if you do believe it's wrong and it should be educated against, how would this work? I'm sorry but this is a possibly irresponsible take for at least a few reasons. It looks more like a coordinated pump than a squeeze. It is important to know that lag is in 90% of the cases one sided issue, which means it either server, client or internet service provider. I don't know, I actually don't have any idea. Seriously. The result is inconsistency, hypocrisy, and often in order to escape the fact, removal of transparency. It's just a desire to have freedom from consequences. What is against the rules is trading stocks with the express intent of manipulating the market and deliberately squeezing other participants. Private companies and individuals can do what ever they like with their property, no? 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. If you want to engage in adult debate, please refrain from personal accusations and strawmen. A big chunk of that are simply bot accounts. )perception of certain opinions being opressed, when in fact they are often just socially unacceptable because of their destructive nature. Considerations for an investment bank is quite different from the considerations for a game retailer. Why do you think they would actually want this? This story is being badly reported all over. A small group of retail investors can't manipulate stock so they can be exempt. The very large social media platforms all market themselves as being neutral. Hedge funds have shorted more of the stock than exists. > 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. LenoxBot is highly configurable and has 99.99 % uptime. 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. This is about as exciting as a mob of 10000 people rushing a restaurant at the same time to 'save it' and then forgetting it the next day. GME stock has been on nasdaq's "failed to deliver" list for about a month now. By clicking "Accept," you agree to the use of the cookies as they are currently set and are okay to continue. For example, the word 'autist' in the context of 'stonks' and 'wsb' is not understood to mean an attempt to mock people with disabilities and therefore unlikely to get anyone offended as a result. מראה לי את השגיאה הזאת ואני מנסה לשחק כבר יומיים. These firms generally try to minimise market impact as opposed to r/wsb who try to maximise it. You vastly underestimate the size of this demographic, which is exactly what the short-sellers of GameStop did. Maybe a bit too much. Then they are lacking empathy and being short-sighted. I think we're all seeing that hedge success for many is more about market influence than actual market prediction. How about simply not being deliberately offensive or hateful or using whatever rhetoric that could ultimately translate into real-world violence? In that affluent county, with plenty of computer companies, how many voters logged in? However it's still not a great look that the firm can be put in such a position. There is really no surprises in anything he said. And apparently won't see the problem until it affects them directly. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. uncomfortable statements. It just makes me think all their other bets are also huge and simply lucky they haven't collapsed. If you do not allow these cookies, then some or all of these services may not function properly. This was taken too far and the market has a method for correcting this behavior and we're seeing it now. I really don't see how taking advantage of an excessively-shorted stock is market manipulation. If they don't like the old promise, they have a first amendment right to make a new promise that suits them better. This website uses cookies to improve your experience while you navigate through the website. As in, you go to jail illegal. > "So it's simple to discover and execute, and there is a financial incentive, " - please - no, this is completely irresponsible. 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. I saw a comment on WSB that said they have bots that remove all swear words etc but some people use unicode etc to write the words anyway. But deciding what unappetizing ideas are allowed and are not allowed to be discussed is a bad idea, I thought we learned that lesson in the last century. Creating a new sub on the same topic as a previously banned sub is against the rules on Reddit. comparing retail investors who have voting power and economic influence over public markets to 'a bunch of teenagers' is a gross oversimplification. If anything, public discourse enables people to observe and see potential clusters, covid could be traced to tweets talking about pneumonia in November and December of 2019. But perhaps if you didn't explicitly stand on the corner shouting "I'm going to rob a bank and all you guys should also rob banks", the authorities wouldn't be on to you. It's not actually an excuse that events are unprecedented. So is any group of people, including hedge funds and the government as we've seen over and over and over again. So that those with the currently loudest voices can silence all others? if one person constantly interrupts others and leads agressively voiced monologous with no real substance, most people might agree that person might not improve the climate of the discussion to much. For numbers, r/wsb had around 2.3m yesterday morning (Wednesday 3 am) and now has 4.3m members, so that's a jump of 2 million new in less than a day. I suspect the hedge funds will mostly be fine. Yes, you can get around all those, but not on the scale to make a meaningful impact and the barriers will deter all but the most fervent supporters, and they likely wouldn't have enough money or influence to cause the havoc they're causing today. You seem to be the kind of folks that the headlines 'Nazis and white supremasists are buying gamestop' are designed for. I don't think they expected to run the company into the ground by merely shorting it, that's not how market impact works. "Retard" is considered a slur by some. So it's simple to discover and execute, and there is a financial incentive, and it's not against the law. > 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. Each isn't a drop in the bucket, they are often the same drop. Regulators and prosecutors do as industry tells them. If your making a bet, then it's about risks. For Americans, talking about "leadership" as if it exists is like believing in the Tooth Fairy. Newsletter sign up. 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 I'm sure there are a few traders on that reddit but I suspect it's like a professional programmer joining a dev bootcamp community. All material about Rocket League belongs to Psyonix, Inc. This is not true. A new Rocket Pass, arena, competitive season, features, and new items are about to take the stage! No, almost all personal trading is buying stocks. Not everyone shares your ideas about what the "best" and most "free" discussions are. Discord bans r/WallStreetBets server, subreddit went private for a while, https://news.ycombinator.com/item?id=25933543. in democratic countries, maybe unless a certain political figure No collusion required. Yes, it is, it's an abusive short squeeze, which is market manipulation. With all due respect, that's not what you said in your comment, and it read to me as an attempt to deliberately spread FUD about discord's moderation practices. Moderated content because you are responsible for stuff that's being posted? A law whose execution is wholly arbitrary is not a law at all, and a country allowing arbitrary interpretation of laws is lawless. I think much of it is about having some fun and having a sense of community. 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. From Dog-sitters to Family and Business. {...} You remove some violent content when contacted by us or others, but not always with urgency. They're essentially just banding together on public information here. But it's not really provable in the case of WSB so they're safe. The best and most "free" discussions I experienced were all happening in a space where everybody was after finding some sort of insight. > Yes, it is, it's an abusive short squeeze, which is market manipulation. Check the Steam’s server status from here. Being consistent and avoiding hypocrisy is not the same thing as tolerating the intolerant. And rightfully so. Takes a few seconds to find and set that. The market is serving its purpose exactly right now by allowing the free trade of shares in GME. If you'd like to change the rules, perhaps defending them every time they're used to hurt your ideological opponents is not the way to do that. Moderation has it's name precisely because suppressing content that is crated to incite emotional reactions keeps the mood in a community. VW in particular was shorted much less but something like 90+% of the shares were accounted for between Porsche and Germany to reach the accounted for shares + shorts position of over 100%. (I did crazy things when I was learning, hell, I sometimes do crazy things now). No, it's like a bunch of teenagers came into your coffee shop, and before you could throw them out your coffee shop [in a mall] was permanently closed down by the mall owners. Do you truly believe in their right to private property? This is not about knowing how to benefit from corruption. That's what the comment you're responding to is advocating, embracing and even getting excited about. Can you explain what individual or company can own 140% of available shares? Yes the big guys should be prosecuted. It may not be the highbrow enough for some, but that is no reason to shutdown their community. > Ideally finance is meant to be about allocation of capital, That means the market works to that end to some degree. A few hundred thousands, maybe a few millions at most. By your standard every newspaper, every TV channel, every website that refuses to publish my views is censoring me. My point? I don't see how this is different than what is constantly being criticized such as flash crashes, contagion and large moves based on rumors, other than the group benefiting (fiscally irresponsible internet strangers vs fiscally irresponsible professionals). See list of cookies, Connection Troubleshooting on PlayStation, Disconnect other devices from the network. In the extreme case this could be true of almost any company. The masses realizing this is at all possible. If I short a stock because I genuinely believe it's overpriced, that's perfectly legal. ", 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. If you trade specifically to create an unfair impression of the supply and demand of a stock that's market manipulation. I would say this is a kind of censorship. Not sure which ports apex legends uses but you can change it by going to the start up options of the game and you can fill in a … Explaining to people less experienced than myself how a short squeeze works? And even if you get around that, you'll have to contend w/ the ISPs that can just block arbitrarily if they so choose. To just say go use another platform is really not a fair comparison. It should be properly regulated. We wrote software to do most of the moderation for us but that software isn't allowed to read the Reddit new feed fast enough and submit responses, and the admins haven't given us special access despite asking for it. 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. People just love violence when its done for the right reasons and abhor it when it done for the wrong reasons. I don't think the metaphore holds. But you gave them private rooms where nobody else can hear them. Oh come off it. And there will be more laws made targeting individuals engaging in this sort of activity (basically coordinating with groups of people). Is it not market manipulation when a short seller publishes a scathing report, or when a CEO goes on CNBC or Bloomberg and gives a good opinion of their company or a different one? Also IRC exists and is still in use by many people. I don't know where you even come up with these outdated ideas. Anyone can set up a server. הורדתי פעמיים את המשחק והתקנתי (פעם אחת על ssd ופעם אחד על הרגיל) ניסיתי גם תיקון של הקבצים אין סוף ריסטרטים למחשב ולאינטרנט. Discord is not a public utility. Take A Sneak Peak At The Movies Coming Out This Week (8/12) New Movie Releases This Weekend: February 19th – February 21st With regards to number one, what will happen is exactly the reverse of what you’re saying. 3) Bankers have a role to play in markets and that's by properly valuing them. Amazon is sponsoring a recall election "justified" because she had the audacity to talk to protesters who were physically inside city hall. FT is claiming many are “alt-right” all of a sudden. Or they had ordinary risk managers whose ordinary schemes got attention from an internet forum with just enough ability to counter one of them. > If the new regs enshrine the current reality in law then maybe there'll be more hope for fundamental reform. Independent internet, exactly what is that? Aside from tracking a tree of stock ownership changes at the brokerage level, this would de facto create two similar but different assets for every equity: those which are "clean" (have never been sold short, or the short position is closed) wnd those which are "dirty" (have been sold short at some point and the position is not closed). Short interest increasing over 100% is something that happens organically when many firms want to short the same thing. >Regulators and prosecutors do as industry tells them, > a market is allocating capital to a dying company just because meme, then the market isn't serving its purpose. That always generates a lot of noise, because they are loud people. They need... 1) Internet bulletin board. I’m happy to have a discussion on why capital owners probably stole their wealth at some point. There are two kinds of people involved: those trying to make a point and those trying to make a buck. >It does feel like a watershed moment regarding hedge funds. Seriously. You can write whatever on your wall, it's your home, your community. Social media loves controversy like that. The shares don't have your name on it. What about a whole subreddit worth of people? There's vagueness in securities laws and this will continue. Maybe then it makes some sense to give better education, but this is obviously a special moment and it's hard to educate people so that they don't engage in a social phenomenon. At the core of community moderation is community. There are plenty of incentives into banning US-based tech companies--states would then have access to data about their citizens instead of being at the mercy of Facebook or the US, and local software companies would begin to thrive. While I suppose Robinhood would like to have good relations with hedge funds leading up to an IPO, they just pissed off a significant fraction of their actual customers -- and boy are they ever gonna get an earful about it. Whatever you’re disagreeing with another person, you don’t have to call that person any politically incorrect slur, which is really the kind of “offensive” that we are talking about here. We NEED financial reform but we need to look at what allowed this situation in the first place, not ways to silence what are effectively the whistle blowers. Ideally finance is meant to be about allocation of capital. I'm 100% with you. There is kind of a continuum between cases that are pure squeeze 'n memes and ones that are more based on non-linear long term value propositions. The smarter hedge reptiles made some money riding the momentum of this thing, and will make more riding it back down when it collapses. People that don't want their discussion controlled by a private entity with conflicting interests should absolutely not depend on that entity's services. Connection problems with Rocket League could be caused by many different issues. In this case it's not clear that industry wants anything changed. 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. Are you trying to argue some kind of Marxist position in order to show censorship can exist without government involvement. I get that hedge funds are categorically unsympathetic characters in this play. This may also motivate the return to truly open internet ideals of the past. What about retail investors who looked at Gamestop before all this and thought it seemed like a reasonable investment, only to get wiped out by "irrational downward pressure" from hedge funds conspiring to short the stock 136%? 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. This is really exciting, feels like open standards, independent internet is going to continue getting extreme motivation to expand and establish, with private "freedom of speech" censorship by for-profit platforms. Right. Social media without meaningful moderation (ie. 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. I think you're confused. If the business is a town square where everyone is and your excluding a specific group that is censorship. Guess what the SEC has done about this blatant naked short selling. WSB is an open space[1], accessible to ordinary retail investors. I don't understand how you came to think that considering that in your previous post there is no criticism of discords TOS. Rage inducing headache is a very common problem anywhere when it comes lag. This time /r/wsb is the 'enemy'. Banning for specific lingo used by those people is also censorship. 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 As a consequence, I am no longer interested in trying out "censorship resistant" platforms because I precisely know what will happen a couple months down the road. This demographic is already served in numerous places, and everyone else is rather glad to see these people chased off of platforms they use for sharing videos of dancing and food. 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. That is kind of what happened with Tesla to some extent, although they already had a great brand a genius owner. You say 'intent' but what intent is discussed on these message boards that is so nefarious people with better Lawyers don't discuss it openly? Codes for Creators currently in the program will work in Rocket League … Moderation is when pornography is banned from r/programming. Your coffee shop is not relevant on the global scale. Rocket League Season 2 is ready to drop the mic on December 9. Possibly. I think it's optimistic that we'll see that with many of the huge, well-established platforms like Facebook or Twitter. ". Not to be that guy, but I grew up in Austria inbetween old Nazis and young Neo-Nazis. So the ask here is "please enforce the rules fairly the way you have always promised you would." This site checks Rocket League's server status from your current location. There is difference between banning for wrong opinions and banning for eg. If you get banned from these services you miss out on accessing a wide share of services, not related to social media. They essentially provide leverage such that $1 out of the money option has a much larger market impact than a $1 purchase of a stock. The positions of hedge funds versus, uh, retail traders on an Internet forum is an unequal one from the start, anyway. I just don't have the stomach for this kind of market. I don't think what is essentially financial de-regulation is a movement that's going to pick up steam some time soon. Success often comes down to execution of the play. Big investors also do it to each other, e.g. I suspect the hedge funds will mostly be fine. Imagine if GME were just a shell and a brand. It’s not just weirdos and trump supporters. Let's start with the basics. All this and I just want to remind you that we are discussing a web site using "white supremacist Nazis" as a pretext to prevent people from organizing against wall street hedge funds. 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. And some people trying to make a buck are going to lose a lot of money. I bought the rocket pass … The stock doesn’t actually need to be shorted that much. It's why Twitter held off on banning Trump for so long; not so much because of public interest, but because Trump alone kept the platform up, running, active and profitable.