@[email protected] check out https://lemmy.whynotdrs.org/ dedicated Lemmy instance by the DRSGME.org team.
this post was submitted on 21 Jun 2023
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Superstonk
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Reddit was down... So I made a Superstonk alternative in Lemmy.
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To be honest, I am glad to be away. The community went away from critical thinking to batshit insane conspiracy theories. Most of the time the frontpage was filled with absurd tinfoil posts between the DRS posts (I do not criticize the latter). DDs were mostly relying on previous DDs and stated things as matter of fact even though we never got definite proof of them, like the basket swap stuff. I get, that we do not have the data to accurately verify it, but at least state somewhere in your post, that we do not know that for sure. You know, the scientific way.
I went to lurking entirely after the first year or so, only occasionally posting some updates on what's going on with GameStop Germany, such as store closures, updates to the website and support system, etc. Had a fairly high Karma account mostly from superstonk, and all the preceeding subs. Went with all the migrations. It went quiet, because most had been settled and figured out, I believe.
The next interesting wave of info will come in a few years, when DRS has reached enough shares to lock the float. I believe every short is a future buyer. But I also strongly believe the can will be kicked until the can kickers die and beyond. Just interested to see how they fuck with the system once DRS should have made it impossible to do so any longer.
To my mind, my investment is either gone or will pay in a few years. Either by virtue of GME turning around properly or by shit unravelling for the shorts. No need to discuss it further. Just keeping an eye on news every few days.
Oh it got a bit loose but the community probably exhausted the sane stuff and had to keep clutching.
Nothing is proven since we don't get complete data. It's all speculation until we see the backend.
I think it's likely run its course. Now we need a catalyst
Yeah, but then flag it as clear speculation in your post and put a section, that describes, what happens to your theory, if this speculation proves false.
? I'm confused. I am seeing this post right here on [email protected] (via my lemmy.ca login). Is the community not showing up across other federated instances?
I would expect it would show up on other instances.
I find it a bit odd, it might be people not wanting to splinter.
Yeah just seems like it should splinter. The more areas it covered the better it will be able to spread. More eyes is better. Plus reduction in censorship and heavy handed mods
I've read on the superstonk reddit, the reason to stay on reddit was to reach a lot of people with new dd. If a post hits the front-page there it can be seen by milions of people potentially. The argument seems sound to me, but I would rather forego the publicity a reddit post can potentially create and enjoy the freedom of foss community like here on lemmy.
I already created a post about lemmy as alternative to reddit on r/superstonk some time ago, but it never gained any traction. We could even host our own lemmy instance and keep all the information save in the hands of the community...
because the gme "revolution" was actually super centalized to begin with and actually goes pretty much hand-in-glove with the real reddit target audience?
not trying to throw shade, just making an observation.
Oh I totally get that. But it's evolved several times, I'd expect getting away from reddit and it being attacked would be an idea. But here we are.
Fair enough
yeah, I am not specifically into stocks, but I have seen so much of this in other spaces. people get herded (ponzi/rugpull style) for the benefit of a few and, when price action is the only consideration, you have to be where everyone congregates to read the room and establish the groupthink.
I suspect that degens/apes are gonna be very hard to pull over to a new space without some real deep gravity well to attract them.
Which is a real shame. Hopefully we get some things going soon. It's still early days v
I've no idea what's been going on with the stock since reddit blackout
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