"This special program lets redditors purchase stock!"
Wow, you're gonna LET ME GIVE YOU MONEY? Go fuck yourselves
this post was submitted on 22 Feb 2024
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They're going to pump and dump their own userbase?
That surely won't backfire this time.
It's all about perspective. There's no backfiring if your goal was to make money with no regard to the longevity of the platform.
Do you think Reddit cares if the platform tanks after they make all their money?
Nobody commented on my battery. Nice.
thats because i dont give a shit and anyone who does is morally incorrect
That's because those are rookie numbers. Real ones wait to make a screenshot post until their phones are at 2%
Hold my charger.
26% seems fine compared to many I've seen before.
Charge yer phone
I know this may not get seen but anyone who jumps in on this will basically end up linking their Reddit account name to their real info. Let that sink in.
Lol does that mean reddit is breaking its own site wide rules and mass doxxing people?
My guess is that the current Reddit Inc. investors know that the price per share will sink in the initial public offering. So to squeeze a bit more cash, they're trying to sell some shares to suckers who are emotionally invested into the platform, before the IPO.
If that's correct it's extremely scummy, bait-and-switch behaviour. And damn stupid given that Reddit's CEO Steve "Greedy Pigboy" Huffman was taunting and pissing off powerusers and moderators not too long ago.
"get it now, while supplies last!!!!" hurry up motherfucker and dump your money
It will pump at first then crash hard, like Robinhood did.
I wonder if Spez is a wall street bets user and he'll buy puts against his own company 🤔
A couple days after the initial pump, your Shares will be available for trading
He is aligned with WSB power users and mods.
WSB is their golden goose.
Reddit doing something extremely scummy? Never!
So this is how they are going to "pay" users.
Ding ding ding ding - yes, with the "option" for users to pay them. It's a Trump/Musk/Spez specialty: do whatever the fuq you want, but make it sound nice and people will be lining up just to fall for it.
I would add the joke "What's next - crypto?"... but at this point that is not even funny anymore:-(.
Reddit tried a crypto thing. "Community points". I believe they killed that program before even rolling it out too far.
https://web.archive.org/web/20230201233950/https://www.reddit.com/community-points/
Yeah that's why it isn't even funny, b/c it wouldn't be "next" - they have ALREADY TRIED THAT.
This is the scheme that they are doing AFTER the crypto scam!
Like, at what point do you stop making fun of somebody and just start pitying them instead? (To be clear, so long as we are talking about spez, the correct answer will always be "never":-P)
Wasn't there also some sort of talk about doing NFT shit with the godawful "snoovatars"?
Yeah, that was a thing too. I don't remember the details of it though
“Eligible” you note skeptically? Yes. Unfortunately, there are a ton of imposed legal restrictions defining when, who, and how we do this. So while our goal is to give all redditors the same access to stock as institutional investors (why should they have all the fun?), our lawyercats can confirm we must follow specific rules explained below.
Really angling for a certain demographic, huh?
just exactly WHAT is it about that writing style that makes it sound so fucking pretentious?
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