The Rate my Portfolio sticky can be found here.
The mods have been discussing whether we should join other communities in going private in protest against Reddit charging high API fees. The high fees will 100% kill apps like Apollo & RIF.
We have always stayed out of these issues because we try to remain as unbiased & neutral as possible, however:
If most of Reddit goes dark/private, this will become a problem for our community & r/stocks moderators, who are 100% volunteers, because of the influx of non-stock users who will most likely go off topic requiring more moderation.
On the other hand, 3rd party apps dying might cause an exodus of users leaving Reddit & the platform slowly dying a la Digg, so maybe we should do something about it.
The plan is to go dark from June 12th to the 14th, a full 3 days.
Two choices:
- Keep r/Stocks open, deal with non-stock users & off topic posts/comments as best as possible, all our community users will just have to suck it up and “understand” (that includes the expectation that rule breaking posts/comments will just take longer to moderate.. even a full 3 days before they're dealt with)
- Join the rest of Reddit by making r/Stocks private to protest against Reddit's 3rd party API fees.. potentially making a difference by changing Reddit's decision (best case scenario is that apps like Apollo/RIF keep running)
So there you have it investors & traders, please cast your vote, voting ends Thursday, this gives us time to make another sticky on Friday & the weekend in preparation if we do go private.
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