We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back.
This seems like a DDOS attack on r/wsb well knowing that the moderators cannot keep up with moderation?
Or is this simply a case of getting too popular for Reddit? The fact that discord was banned around the same time as r/wsb going private is suspect.
edit: After hours market shows GME is has TANKED!!!! Closed at 345 and dipped to 248. Holy, there will be class action lawsuits for sure now.
edit: I've been on the phone for 2 hours waiting for my broker to answer. All of this seems weird. They SUDDENLY have volatility and decide today is the day to stop answering my calls???
edit: /u/DeepFuckingValue's posts have all been wiped!!!!! WTF!
Denying communication completely could be a disaster in this case. In the absence of their precious DD, what number do you think the WSB'rs are going to choose to set their limits at? 420.69 seems a little too low right now. My bet would be 42,069 at least.
Reddit servers were really unstable for a bit, I've noticed user pages don't load when that happens. Seems a lot of people see conspiracies in caching issues.
It's because there was too much noise. Spam, new 0 karma accounts creating threads and posting the wrong kind of shitposts, etc. It was virtually inevitable.
I tried to comment there with a 14+ day old throwaway account 4 hours ago and was met with a bot deleting the comment.
"It looks like your account is too new to use /r/wallstreetbets. Sorry about that, but people use new accounts to spam us all the time. Please don't ask when you can be approved because we're going to say no and then laugh at you. Your account must be one month old at least."
I think the SEC thread created this morning had something to do with going private.
It isn't the first time they've gone private but this time with the discord being banned and all, im getting ban vibes.
Look if Discord can ban WSB over some cuss words, imagine what Reddit can do.
I'm on the phone with my broker as we speak and now I fear that this is a coordinated attack.
edit: so after I made that comment about github's half assed apology towards the guy that they terminated for saying "watch out for nazis", those same group of people are downvoting and flagging every single one of my comments. AGAIN. You didn't care when people were bringing attention to the anti-semitic memes being posted on Github 4 years ago, now you want to bury every fucking comment, just like the angry hedge fund managers getting their revenge on serfs making a little money.
It's private because the mods and the community cannot handle the sudden interest. (A subreddit squeeze!)
They even say this on the placeholder page.
A few hours ago zjz (a mod) posted about trying to get an unlimited API endpoint for Reddit from the admins so the mod bots can cope with the load.
"We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back."
Why do they mention ensuring reddit's content policy? That's a hammer admins bring out when they want to ban a subreddit. Did admins lean on the mods?
It's been bringing bad press on Reddit and that's usually the trigger for the admins to enforce their content policy.
(see the Donald, racist subs, fat people hate, violentacrez, jailbait - while these clearly did violate their policies, it took bad PR for enforcement to happen)
My guess is this means the mods will probably create a minimum Reddit karma amount required to post and/or comment. The goal to cut down on spam and bots.
So, new people can’t join in and immediately start trying to pump up random stocks.
WSB is getting flooded right now, so the mods are building in some auto-moderator things to get a handle on the subreddit.
Probably additional cover so that people reporting on this issue remember that there exists a reddit wide content policy that all subreddits have to enforce - so if there is any issue, reddit is also in the picture.
Or is this simply a case of getting too popular for Reddit? The fact that discord was banned around the same time as r/wsb going private is suspect.
edit: After hours market shows GME is has TANKED!!!! Closed at 345 and dipped to 248. Holy, there will be class action lawsuits for sure now.
edit: I've been on the phone for 2 hours waiting for my broker to answer. All of this seems weird. They SUDDENLY have volatility and decide today is the day to stop answering my calls???
edit: /u/DeepFuckingValue's posts have all been wiped!!!!! WTF!