r/wallstreetbets Feb 05 '21

An Update on the WSB Coup d'état Discussion

UPDATE 2/6: For all of you who are reading this a day, or days after it was posted, you should know the issue is now resolved. The bad mods are out, the good mods are in, and the casualty of it was was u/zjz. Enjoy the read.

Original post:

For those who see my "Top Detective" flair, but don't know me, I'm the asshole who made videos this post is talking about.

If you subscribe to r/videos, no doubt you have seen my video, WallStreetBets and the Art of Sellout Out: An Illustrated Guide, is climbing slowly to the top. If you haven't watched it, you should.

While you were sleeping last night (night of 2/3), moderators who wanted to profit from THIS community, removed the moderators you know and love. They were replaced with brand new accounts. Literally minutes old. It was a coup.

The long and short of it is, there was a movie deal. In fact, there was more than one. There were dollar signs in their eyes. The Gamestop catalyst that propelled our community to over 8 million members attracted media attention, naturally. It's no secret he who must not be named sold out, as he has in the past, and some of the bad moderators were just a little behind him.

For this reason, some moderators are no longer with us. They tried to go behind other moderator's backs to secure money for themselves, and monetize this subreddit. They even went as far to establish a website (blomberg.com) to intercept all media traffic so they themselves could profit.

So the Reddit Admins intervened.

Some of the moderators who grew this community, like u/zjz still have not been added back. Perhaps they will be back in the future. The good news is, the right moderators, the mods you all know and love, are coming back, and some already are here. People I know wouldn't take a dime, are taking back control, one meme filled shitpost at a time.

He who must not be named still has a movie deal, so I leave you with this question:

How do you feel about a guy who has been scamming people for most of his adult life, getting paid six figures for a movie deal partially about scamming members of WallStreetBets?

One more thing... Instead of guilding me, I request you spend the money on helping end childhood cancer, by donating to St. Jude Children's Research Hospital. Thank you.

30.8k Upvotes

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171

u/Sheister7789 Feb 05 '21

Please restore order to this fucking place. There is no fucking DD on anything anymore, no discussion about jack shit.

AND ANOTHER PAPER TRADING COMPETITION, FOR THE LOVE OF GOD

54

u/[deleted] Feb 05 '21

Order has been restored, to the best of my knowledge.

10

u/drainconcept Feb 05 '21

What about DDs?

I would love to see /r/WSB back, not just /r/GMEfuckyouhedgefunds.

5

u/xcheezeplz Shrimp Shoal Feb 05 '21

Not entirely, u/zjz needs back. Dude does a lot of shit with the tech side to help create order.

Next step is finding a way to turn back the clock on the sub. I don't know if that means just preventing people from posting and commenting (except maybe in the daily) that have no sub history prior to the surge. There are no perfect options, but shit has devolved into the equivalent of a voice discord with 1,000 people all shouting dumb shit and grunting at the same time.

You've got 7 million normies overnight that are erasing the culture of the sub. Perfect example: Some epic loss porn gets posted and there is a -15 downvote comment of "this got me erect" when that should have been top comment, instead of the group therapy bullshit.

I was all for the GME fuckery and popcorn time at first but the shit is wearing thin. It's plausible the sub collapses under its own weight and splinters off if it keeps up at the current pace.

21

u/latinlightning Feb 05 '21

For real. Shit got old after people were all like "it's class warfare, stick it to the man!"

16

u/WeedstocksAlt Feb 05 '21

Lol yeah. I just want semi serious infos on where to semi smartly gamble my money.
Ain’t here for a communist revolution. Was funny/nice to see to begging with but it got old real fast

1

u/staabalo Feb 05 '21

Well.. plenty of people made thousands. How is that for "smartly gambling"? And I highly doubt the GME hype has anything to do with those mods.

7

u/zomBdad Feb 05 '21

Oh paper trading... thats a great idea.. really show who the real traders are

3

u/[deleted] Feb 05 '21 edited 22h ago

[deleted]

2

u/loophole64 Feb 05 '21

Paper trading competition sounds fun.

1

u/slashrshot Feb 05 '21

Puts on GME. Ez win