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I don't understand, what's the relation or conspiracy here? The bulk of trading is done by WSB-types and reddit shuts down to cool them? Doesn't seem worth it s

I don't understand, what's the relation or conspiracy here? The bulk of trading is done by WSB-types and reddit shuts down to cool them? Doesn't seem worth it since the overwhelming majority of users are probably not traders of anything.

EpicEng 5y ago
It's nonsense, just people who see something happen once and continue to make nonsense assumptions. "Last time there was en eclipse my power went out, therefore the eclipse caused it"
- minimaxir 5y ago
  Given that Robinhood and related brokerages are down for the same reason (again, also happened with GME), it's a better hunch than most.
  - EpicEng 5y ago
    What's the connection between RH, Citadel, and Doge? Yes, it happened during GME, but they had a vested interest as GME short sellers and no actual connection between them and reddit downtime was ever established. Now we're talking about crypto and making the same assumptions. It's no different than all of the kids on reddit with 2 months experience in the market who now believe they can spot a short squeeze coming.
retrac 5y ago
I think the suggestion is they're basically being Slashdotted. The platform seems to have issues particularly when a subcommunity suddenly becomes very active. Reddit is a very popular site, but is not usually subject to big spikey influxes of new visitors, just the regulars. So when a subreddit gets in the news big time (like with WallStreetBets) the site tends to crash.