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Serious question: does anyone know when/why that subreddit became what is is today? I used to follow it in the early 2010s and it actually provided some reasona

Serious question: does anyone know when/why that subreddit became what is is today? I used to follow it in the early 2010s and it actually provided some reasonable insights.

joshmn 6y ago
I can tell you for sure that Robinhood hasn't contributed positively the quality of content.
- ForHackernews 6y ago
  I have to beg to differ. The Robinhood "infinite money cheat code" was WSB's finest hour.
  - OGWhales 6y ago
    “It literally can’t go tits up”
  - StavrosK 6y ago
    What was that, for those of us out of the loop?
    - 0xcde4c3db 6y ago
      I don't remember (and maybe never read) the exact details, but as I recall it wasn't so much "infinite money" as "infinite leverage". You could somehow buy assets leveraged, then make the system "forget" that those assets were already leveraged, so it lets you leverage them again to buy something else.
    - ForHackernews 6y ago
      Decent article here: https://banyanhill.com/robinhood-infinite-leverage-money-cheat-code/ https://banyanhill.com/robinhood-infinite-leverage-money-che... Amusing video here: https://www.youtube.com/watch?v=qKXrVriacUM https://www.youtube.com/watch?v=qKXrVriacUM
aaaxyz 6y ago
If I had to guess, Robingood and the burst of the cryptocurrency bubble
- deleted 6y ago
  [deleted]
ixvvqktiwl 6y ago
Idk, it's basically been the same thing for as long as I've been following it, and I started around 2017. The only thing that's really changed is the number of subscribers has exploded. Here's the front page of WSB from 2016: https://web.archive.org/web/20160706011305/reddit.com/r/wallstreetbets/ https://web.archive.org/web/20160706011305/reddit.com/r/wall...