Forwarded from Hacker News
Discord bans the r/WallStreetBets server (🔥 Score: 147+ in 52 minutes)
Link: https://readhacker.news/s/4DGg9
Comments: https://readhacker.news/c/4DGg9
Link: https://readhacker.news/s/4DGg9
Comments: https://readhacker.news/c/4DGg9
The Verge
Discord bans the r/WallStreetBets server, but new ones have sprung to life
Discord says it did not ban the server due to financial fraud.
Forwarded from Hacker News
WSB Went Private on Reddit (🔥 Score: 109+ in 48 minutes)
Link: https://readhacker.news/s/4DGkk
Comments: https://readhacker.news/c/4DGkk
Link: https://readhacker.news/s/4DGkk
Comments: https://readhacker.news/c/4DGkk
Forwarded from Syndiegram (Kım 🇺🇸)
Multiple retail trading platforms, including Robinhood (the trading app of choice of r/wallstreetbets) have now disabled the purchasing of Gamestop stock along with other "heavily traded" stocks. Users are literally only allowed by retail trading platforms to sell these stocks now
This post reminded me of a bit of math I did recently. If you adjust for the inflation rate between 2009 and 2021, 15 dollars now is worth just a little bit over what 12 dollars was worth when the movement for the 15$ minimum wage started.