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> This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA It's not just

> This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA It's not just IOTA. It's more or less any of the top 10 / 20 (by MarketCap) Crypto-currencies on the respective sub-reddits. It's especially bad on r/Ripple where anything critical of Ripple / XRP is instantly deleted by the mods in the name of F.U.D (Fear, Uncertainity, Doubt), and even a small +ve news is posted several times in a day, even trials of Ripple that doesn't even use XRP for the transactions. And then there was this self-proclaimed shill who described in great detail how he made tons of money shilling various coins on reddit. https://www.reddit.com/r/CryptoCurrency/comments/7xkm0z/i_was_a_paid_cryptocurrency_shill_iam_here_to/ https://www.reddit.com/r/CryptoCurrency/comments/7xkm0z/i_wa... From what I've observed on r/Cryptocurrency and related coin subs on reddit over the past month or two, Reddit is being carefully manipulated by whales and scam coin creators to attract bag holders and manipulate the markets for a quick profit. And many of the mods engage in circle-jerk postings, maybe they are in on it too. Who knows.

Waterluvian 9y ago
There may be people in on it, but I wouldn't be surprised if it's overwhelmingly just people defending their position. I've seen the exact behaviour I see at r/cryptocurrency in video games. No Man's Sky pre and post launch was exactly the same. Sensible people casting doubt on what it is you actually do with the game, being shouted down by those who are convinced it's going to be the greatest thing ever. Then lots of defensiveness against all the post-launch signals that it's a mess.
- jiggunjer 9y ago
  Same with Trump? South Park recently had an episode titled "Doubling Down", which I find a good descriptor for this behavior.
  - someone454 9y ago
    Same with “the Russians stole muh election”?
- c12 9y ago
  People who have bought into something will become more entrenched in their views because doing otherwise will cause a "loss of face." It's understandable really, nobody wants to admit to being duped.
  - Donzo 9y ago
    The desire to remain consistent with one's previously established positions is one of the great psychological motivators: https://www.amazon.com/Influence-Psychology-Persuasion-Business-Essentials-ebook/dp/B002BD2UUC https://www.amazon.com/Influence-Psychology-Persuasion-Busin... People will often act against their own best interests to do so.
- tarken 9y ago
  you have a severe case of hindsight bias. nms has perhaps the most outspoken hatred of any game launch ever. heck how long ago did it come out? Year+? and you're still whining about it.
chrononaut 9y ago
It appears the content of the Reddit post has been deleted, but can be found at: http://archive.is/vvwl5 http://archive.is/vvwl5
siruncledrew 9y ago
r/cryptocurrency, r/ripple, r/iota, and even r/bitcoin (to an extent) have basically turned into /biz/. At this point, it seems no amount of reason will fix it. Those communities are just complete echo chambers. Pragmatic or technical discussion about cryptocurrency in those communities went out the door, and Idiocracy entered instead. It's not even about "cryptocurrency" anymore, it's just a bunch of memes, circlejerking, and posts about "gainz" or "mooning".
xbkingx 9y ago
Usually you can trust ~50% of the information in popular 'specialty' subreddits, but the crypto subs are straight up useless beyond major headlines. Even then, the discussions are 90%+ trolls and shills and 10% memes. Steem and Bitcoin Forum have been better, but all around the larger problem is that things move so quickly that the information you're looking for is probably no longer accurate. The chaos is one of the most interesting factors for me. It reminds me of the internet circa 1995 - you have to do your own research, estimate/predict larger trends in information flow, and have a finely tuned bs meter. The biggest barrier to entry is that no one is trustworthy, so even your tools need to be properly vetted or self-made because unlike the 90s internet, the thrill of finding a vulnerability may carry a substantial reward. I do think there is a legitimate opportunity in the crypto space and 'believe' in the underlying tech. You just have to ignore all the folks building their rockets out of lead and toilet paper while rofling about their moonshot, sneak past the whales, and slip between the trading bots. One other interesting aspect I don't hear mentioned often is how this comes on the heels of the Russian election meddling and the similarities in tactics. If crypto has any real immediate use for the average person, it's a good way to gauge how susceptible you are to propaganda. Invest (enough to sting if you lose it all) and see if you can turn a profit. Force yourself to put part of that money into an obvious scamcoin and keep track of how you relate to discussions surrounding it. Crypto can be a psychological playground if you let it.
hobofan 9y ago
Do you (or anyone here) have any recommendations regarding subreddits for technical discussions regarding blockchain/cryptocurrency tech? I've seen /r/CryptoTechnology recommended in the past, but I haven't seen too much interesting discussions there yet.
- dlubarov 9y ago
  I've also been looking but haven't found any better communities. A cryptocurrency StackExchange has been suggested [1], but hasn't happened. Bitcoin.SE and Ethereum.SE do have some good general content, but you have to filter through a lot of BTC/ETH specific content to find it. [1] https://meta.stackexchange.com/questions/271576/stack-exchange-website-for-cryptocurrencies-in-general https://meta.stackexchange.com/questions/271576/stack-exchan...
shepardrtc 9y ago
> It's especially bad on r/Ripple That's just not true at all. Why are you even going after Ripple?
153791098c 9y ago
Try /r/bitcoin. It's the most censored subreddit i think. Say anything they don't like (doesn't even have to be negative, even critical questions are a nono) and you'll be banned and your post will be deleted.
justboxing 9y ago
UPDATE: Reddit shill appears to have deleted / [REMOVED] his story (must've seen the traffic from HN lol). Here's the archive link http://archive.is/vvwl5 http://archive.is/vvwl5 to his post that @chrononaut here located. http://archive.is/vvwl5 http://archive.is/vvwl5

Waterluvian 9y ago

There may be people in on it, but I wouldn't be surprised if it's overwhelmingly just people defending their position. I've seen the exact behaviour I see at r/cryptocurrency in video games. No Man's Sky pre and post launch was exactly the same. Sensible people casting doubt on what it is you actually do with the game, being shouted down by those who are convinced it's going to be the greatest thing ever. Then lots of defensiveness against all the post-launch signals that it's a mess.

jiggunjer 9y ago
Same with Trump? South Park recently had an episode titled "Doubling Down", which I find a good descriptor for this behavior.
- someone454 9y ago
  Same with “the Russians stole muh election”?
c12 9y ago
People who have bought into something will become more entrenched in their views because doing otherwise will cause a "loss of face." It's understandable really, nobody wants to admit to being duped.
- Donzo 9y ago
  The desire to remain consistent with one's previously established positions is one of the great psychological motivators: https://www.amazon.com/Influence-Psychology-Persuasion-Business-Essentials-ebook/dp/B002BD2UUC https://www.amazon.com/Influence-Psychology-Persuasion-Busin... People will often act against their own best interests to do so.
tarken 9y ago
you have a severe case of hindsight bias. nms has perhaps the most outspoken hatred of any game launch ever. heck how long ago did it come out? Year+? and you're still whining about it.

chrononaut 9y ago

It appears the content of the Reddit post has been deleted, but can be found at: http://archive.is/vvwl5 http://archive.is/vvwl5

siruncledrew 9y ago

r/cryptocurrency, r/ripple, r/iota, and even r/bitcoin (to an extent) have basically turned into /biz/. At this point, it seems no amount of reason will fix it. Those communities are just complete echo chambers. Pragmatic or technical discussion about cryptocurrency in those communities went out the door, and Idiocracy entered instead. It's not even about "cryptocurrency" anymore, it's just a bunch of memes, circlejerking, and posts about "gainz" or "mooning".

xbkingx 9y ago

Usually you can trust ~50% of the information in popular 'specialty' subreddits, but the crypto subs are straight up useless beyond major headlines. Even then, the discussions are 90%+ trolls and shills and 10% memes. Steem and Bitcoin Forum have been better, but all around the larger problem is that things move so quickly that the information you're looking for is probably no longer accurate. The chaos is one of the most interesting factors for me. It reminds me of the internet circa 1995 - you have to do your own research, estimate/predict larger trends in information flow, and have a finely tuned bs meter. The biggest barrier to entry is that no one is trustworthy, so even your tools need to be properly vetted or self-made because unlike the 90s internet, the thrill of finding a vulnerability may carry a substantial reward. I do think there is a legitimate opportunity in the crypto space and 'believe' in the underlying tech. You just have to ignore all the folks building their rockets out of lead and toilet paper while rofling about their moonshot, sneak past the whales, and slip between the trading bots. One other interesting aspect I don't hear mentioned often is how this comes on the heels of the Russian election meddling and the similarities in tactics. If crypto has any real immediate use for the average person, it's a good way to gauge how susceptible you are to propaganda. Invest (enough to sting if you lose it all) and see if you can turn a profit. Force yourself to put part of that money into an obvious scamcoin and keep track of how you relate to discussions surrounding it. Crypto can be a psychological playground if you let it.

hobofan 9y ago

Do you (or anyone here) have any recommendations regarding subreddits for technical discussions regarding blockchain/cryptocurrency tech? I've seen /r/CryptoTechnology recommended in the past, but I haven't seen too much interesting discussions there yet.

dlubarov 9y ago
I've also been looking but haven't found any better communities. A cryptocurrency StackExchange has been suggested [1], but hasn't happened. Bitcoin.SE and Ethereum.SE do have some good general content, but you have to filter through a lot of BTC/ETH specific content to find it. [1] https://meta.stackexchange.com/questions/271576/stack-exchange-website-for-cryptocurrencies-in-general https://meta.stackexchange.com/questions/271576/stack-exchan...

shepardrtc 9y ago

> It's especially bad on r/Ripple That's just not true at all. Why are you even going after Ripple?

153791098c 9y ago

Try /r/bitcoin. It's the most censored subreddit i think. Say anything they don't like (doesn't even have to be negative, even critical questions are a nono) and you'll be banned and your post will be deleted.

justboxing 9y ago

UPDATE: Reddit shill appears to have deleted / [REMOVED] his story (must've seen the traffic from HN lol). Here's the archive link http://archive.is/vvwl5 http://archive.is/vvwl5 to his post that @chrononaut here located. http://archive.is/vvwl5 http://archive.is/vvwl5