Table of Contents
Why did Reddit ban WallStreetBets?
Bayoukhi also said that he and others who tried to post about silver on WSB were banned from the Reddit forum as the majority of the members did not want the focus to deviate from GameStop and other heavily shorted stocks.
Who banned WallStreetBets?
Discord bans r/wallstreetbets server over hate speech as the group drives GameStop shares through the roof
- Discord banned its chat group r/wallstreetbets on Wednesday for repeatedly allowing hate speech.
- The group’s Reddit counterpart has fueled a massive rally of GameStop, AMC, and Nokia shares.
Why did Reddit make WallStreetBets private?
On Reddit, the r/WallStreetBets subreddit briefly went private because it was experiencing “technical difficulties based on unprecedented scale as a result of newfound interest in WSB,” but returned nearly an hour later.
What is a short squeeze in the market?
A short squeeze happens when many investors short a stock (bet against it) but the stock’s price shoots up instead. If a stock’s price rises quickly, then short sellers sometimes scramble to close out their positions as rapidly as possible.
What is the WallStreetBets Discord?
The Reddit community r/WallStreetBets has turned to Discord in recent weeks to organize and communicate in real time, as it seeks to force hedge funds into losing millions of dollars on their bets against struggling retail companies like GameStop and AMC.
Where did WallStreetBets go?
Reddit group r/WallStreetBets (WSB) has closed its doors and is now a private-only community. What Happened: Only users who moderators have approved will be able to view the page and take part in discussions.
What is happening with Reddit Walltreetbets?
Reddit’s WallStreetBets is back, taking on GameStop stock after intentional lockdown. But the community has been banned from Discord as AMC, GameStop stocks go wild. One of Reddit’s most active communities is no longer public. Meanwhile, chat app Discord has banned WallStreetBets outright.
Why did discord shut down wallstreetbets server?
Discord has shut down the /r/WallStreetBets server, with World’s #1 esports and gaming consultant, insider and competitive gaming leader Rod Breslau tweeting: Discord said that the /r/WallStreetBets server was shut down for ” hate speech, glorifying violence, and spreading misinformation ” according to a Discord spokesperson to Breslau.
What happened to wallstreetbets?
WallStreetBets, also a prominent forum on social media site Reddit, has been in the news in recent weeks following a surge in shares of GameStop (ticker: GME) and other highly shorted stocks that have been touted by users on the forum.
Why did Reddit shut down its wallstreetbets subreddit?
Reddit shut down its WallStreetBets subreddit page on Wednesday afternoon after rookie stock market investors in the general public joined together to purchase stock in targeted companies causing a major disruption in the stock market and resulting in several hedge funds to go bust.
What is the wall streetbets Saga?
The saga is already set to be one of 2021’s biggest stories of the year, as the world marvels at how individual investors are banding together to take advantage of Wall Street hedge funds, and wondering when the bubble might pop. These Discord servers are offshoots of the r/WallStreetBets subreddit, where all of this seemingly began.