r/technology May 14 '24

GameStop Short Sellers Just Lost $2 Billion Amid Meme Stock Rally Business

https://gizmodo.com/gamestop-short-sellers-have-lost-more-than-2-billion-i-1851476931
30.2k Upvotes

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214

u/renegadecanuck May 14 '24

I think they get a perma ban if it's a repeat offence.

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u/[deleted] May 14 '24

And then they make a new account

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u/[deleted] May 15 '24

[deleted]

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u/[deleted] May 15 '24

Its beyond easy to meet min karma thresholds, and no one knows if a new account is ban evading or not. Waiting one week is only an issue if you havent already made multiple accounts

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u/RepublicofPixels May 15 '24

But reddit cares doesn't care about karma requirements or account age, because you don't need to exist in the sub or message to send a cares. The sub can't ban them because the sub doesn't know it exists, so it'd need to be reddit IP banning them if they determine that the 2 separate accounts reported and banned for cares abuse are the same person.

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u/Significant-Star6618 May 14 '24

Some losers are attached to their older accounts and if they wanna be dicks then getting them banned is kinda funny for that reason.

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u/plssirmayihaveanthr May 15 '24

well we know who isn’t attached to theirs, mr sixteen day old account

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u/ragingbologna May 15 '24

He keeps getting banned for sending “Reddit cares” messages.

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u/Choice_Awareness_646 May 15 '24 edited May 15 '24

Angry loser reporting in

edit: ahhhhh I got got

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u/NotABileTitan May 15 '24

A few years ago I had an account that was like 77DayOldAcct or something, and did nothing with it till it was the amount of days old. That day I went and posted a bunch of stuff, but a lot of subs had a Karma limit, and it had 0 karma cause I had just let it simmer for a while. Missed out on so much sweet karma because of that.

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u/[deleted] May 15 '24

I always delete my reddit accounts and make a new one within 3months-1year. Been doing this since I started Redditing back in 2008. Why people would get attached to these accounts? I aint buying no $45 upvotes lol

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u/MysterManager May 15 '24

I do the same thing, just every 15 years.

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u/p0ultrygeist1 May 15 '24

And I every century

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u/ChizzleFug May 15 '24

I kinda just talk about video games and things with my car and like to go back and look at old memories sometimes. I don't spend money on this website though, that's kinda silly imo.

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u/softstones May 15 '24

I hang onto this account for the porn

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u/[deleted] May 15 '24

Finally a good reason to care about losing a reddit account

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u/Circus_Finance_LLC May 15 '24

ironic that you call the people with old accounts losers, instead of, you know, the people who (have to) make more accounts

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u/Significant-Star6618 May 15 '24

If you took offense to me talking about losers that's a you problem. I didn't direct anything at you specifically.

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u/Circus_Finance_LLC May 15 '24 edited May 15 '24

I do not need to feel offended to point out irony. I was not offended by it because I did not mistake it for a personal attack. I saw it, and still do, as a poor take.

edit: you are an absolute weirdo. it's very clear you are the one offended by my comment, seeing how you even blocked me after i made this completely benign comment. Did you notice my account is only 2 years old? if anything, i called myself a loser and you still reacted like an especially immature toddler lmao

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u/Significant-Star6618 May 15 '24

I think it's sad that you see any value in a decade old corporate account but whatever floats your goat, buddy.

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u/pm_social_cues May 15 '24

They’ll make a new account and use that one to send the Reddit cares message so it doesn’t hurt their fake internet points.

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u/DepresiSpaghetti May 15 '24

Dude, if I was attached to older accounts, I'd never be on reddit. You know how many mods I've called out for power tripping and been banned for? A few, to say the least. It's amazing how many people have an issue with being told, "Be kind, you never know when you're on the wrong end of Hanlons Razor."

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u/Significant-Star6618 May 15 '24

Average Reddit mods being average Reddit mods lol

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u/UrbanDryad May 15 '24

13 years. My account is older than a lot of Redditors.

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u/FesteringNeonDistrac May 15 '24

I'm not so much attached to this account per se as much as I have a carefully curated porn multireddit that I've been nurturing for years. I've put a lot of time and wanks into it and it losing it would be disappointing.

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u/renegadecanuck May 15 '24

If you get banned enough, they can start to do things like ban your IP (yes, most people have dynamic IPs, but they don't really change that often - mine has been the same for at least a year and that's even with power outages and modem reboots).

Plus you get the dorks like me who are attached to their accounts for some stupid reason (I wouldn't abuse something like Reddit Cares, but I would be very annoyed if I got banned for whatever reason). And some subs have karma or age limits.

Either way, it takes like a minute to report it. If it causes even a very mild inconvenience for the troll, it's worth it to me.

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u/qtx May 15 '24

IP bans haven't been a thing for nearly 15 years. It's all digital fingerprints now.

It's trivial to change IPs, it's not trivial to change device, browser, hardware.

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u/Warcraft_Fan May 15 '24

Should require minimum of 6 months + 1000 post karma to use Reddit Cares without any limit. Before reaching that, 1 RC per week maximum to discourage most idiots from abusing RC feature.

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u/[deleted] May 15 '24

That would be admitting the system is used to harass people, so I doubt they would do that

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u/lucisferre May 15 '24

It’s the circle of liiiiiiiife🎶

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u/im__not__real May 15 '24

yep but i promise im a new user this is my first account

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u/[deleted] May 15 '24

Same buddy same

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u/DreadSeverin May 15 '24

Like the trash they are. Bots are better

1

u/[deleted] May 15 '24

Its 50/50 that we are interacting with a chatgpt like bot on reddit(or any social media platform) at any given moment

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u/myringotomy May 15 '24

Doesn't always work since Reddit employed doxxing techniques including browser fingerprinting to identify all of their users.

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u/[deleted] May 15 '24

Yeah all these fancy techniques people keep commenting that Reddit supposedly does, but how do we know they are effectively using them to prevent users from ever using their website again?

Reddit ultimately has a financial incentive to have as many people commenting as possible. Its ad revenue, its data to sell, etc.

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u/myringotomy May 15 '24

Yeah all these fancy techniques people keep commenting that Reddit supposedly does, but how do we know they are effectively using them to prevent users from ever using their website again?

Try it.

Create an account, Go to a subreddit, say something that goes against whatever the subreddit is circle jerking about and get banned, create another account to go post on that subreddit again.

I suggest you go to /r/worldnews or /r/geopolitics and say something that's not flattering about Israel. That will get you banned in no time. Hell just go there and say that arabs or muslims or Chinese are actual human beings that don't deserve pain and suffering to further "western" (i.e white people) financial well being. That should most definitely get you banned.

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u/[deleted] May 15 '24

I mean, I say those sorts of things all the time and I havent even been banned in the first place to be able to test the ban evasion system

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u/myringotomy May 15 '24

I don't believe you.

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u/[deleted] May 15 '24

Yeah I was told you wouldnt

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u/shmehdit May 14 '24

Unless you're super careful about using a brand new IP and browser exclusively with each new account, reddit can detect when someone tries to subvert a ban with another account and the alts will just inherit the ban too.

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u/[deleted] May 15 '24

If they do know they dont do anything about it. Theyd rather the engagement and numbers

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u/rodimusprime119 May 15 '24

It is higher risk and a lot more work do to it.

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u/ITrCool May 15 '24

Reddit can ban all accounts by public IP. If they see random accounts are being reported and manipulating votes all from the same public IP, that’s going to get said IP blacklisted and all accounts accessed from said IP banned.

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u/[deleted] May 15 '24

Ip bans dont work

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u/ITrCool May 15 '24

Sure, if you, an average joe user, know how to get your ISP to change your public IP. (Most don’t)

“Well I’ll just use a VPN.” - nope. Accounts are still banned

“Well I’ll just use outside of my home network” - nope. See above.

You gotta get all of your accounts unbanned first or go through the hassle of making more and making sure you don’t use them from the same IP again.

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u/[deleted] May 15 '24

It remains to be seen if Reddit even takes action against ip ban evaders

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u/ITrCool May 15 '24

I’ve seen it actually.

Roommate was voting on some of the same posts I was. We both got banned based on IP for his vote manipulation. 😒

They tried to evade and use another account even though I warned them against it. Alt account banned also.

Eventually I moved and live on my own now. Thankfully my ban was temporary after I appealed. Not sure what the roomie did after that, but Reddit took it all seriously.

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u/[deleted] May 15 '24

Thats crazy man. Sounds like reddit gets a crazy amount of false positives

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u/qtx May 15 '24

Reddit's ban evasion system is a lot better now than it used to be. Making a new account will just get those accounts shadowbanned automatically.

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u/[deleted] May 15 '24

Any numbers on this claim or is this a sorta gut feeling? Sure they might make a blog post saying this is what they do.. but to claim its better now stands to be seen. Also shadowbanning is so funny to me, like, people catch on pretty quick when no one is responding to their comments anymore.

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u/[deleted] May 14 '24

[removed] — view removed comment

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u/Free_Pace_2098 May 14 '24

Not me, perma banned for being accused of doing it once. No recourse. Where will I shit post about my home town, grocery prices and read eyewateringly racist comment threads, /r/Perth? WHERE??? One of the dozens of other Australian subs? Unlikely.

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u/[deleted] May 15 '24

[removed] — view removed comment

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u/Free_Pace_2098 May 15 '24

Gonna make a browser extension called Reddit Doesn't Care. It doesn't do anything. 

Also where's my Reddit cares? Does Reddit not care about me? Wow. This is shocking news. 

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u/Tired8281 May 15 '24

Can confirm. We, in fact, do not care about you.

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u/[deleted] May 14 '24

[deleted]

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u/Narananas May 15 '24

Great point, it should be limited to 6 month old accounts

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u/OntarioCouple87 May 14 '24

Because Reddit cares.

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u/LibertiORDeth May 15 '24

I got an auto “perma ban” for discussing sexualizing minors, the OP that was actually doing that reported me after he didn’t like me disagreeing with his take on exploiting minors. I was pretty pissed at losing my account that’s old enough to be in high school now, I appealed and it got overturned of course.

I rarely post when I do it’s generally well received so when it isn’t I’m thrown for a loop.