2y ago

Reddit is ending Reddit Gold and users are furious

mashable.com Reddit is ending Reddit Gold and users are furious

The website has been knocking it out of the park for popular decisions lately /s

The website has been knocking it out of the park for popular decisions lately /s

We all know this is happening with Reddit gold, however I thought it would be relevant to point out that there has been fallout amongst Reddit Premium subscribers.

EDIT

Edited a word

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2y ago

Reddit is ending Reddit Gold and users are furious

mashable.com /article/reddit-gold-coins-awards-system-remove

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43 comments

what I take from this, though, is that even with the anger against Reddit, there’s no talk of leaving in the comments on that post!
you hate the site and all of their changes so much and it’s only been getting worse… why do you stay? even the content is already worse, and even worse on the subs that have the new Reddit tipping system… why stay?
#reddit #lemmy #fediverse #kbin
- the new Reddit tipping system
  I haven't heard about this tipping system. ELI5?
  
  https://www.reddit.com/community-points/
  Edit: holy fuck no one told me it was a blockchain cryptoshit??? That's even funnier 💀
- The article comments are linked to Reddit, if you click on "Replies" it routes you to the topic on Reddit where there are posts about leaving the platform.
- I've got enough reason to believe that any mentions of Lemmy, are met with shadow banning.
  And like the master of gaslighting that it is, it doesn't happen all the time, but often enough to deliver a chilling effect.
  They want the dissenters to leave without a word.

Wow, Reddit is not joking around when it comes speedrunning enshittification. I think it’s going to be very tough for other platforms to match these moves.
- The real business model here is to win the race to the bottom, and stream re-enactments on Twitch.

It's the equivalent of a crack dealer at this point.
At first they got people hooked with cheap drugs that worked and got you an easy high.
But now you need more and the dealer knows you're desperate ... so they increase the price, give you a cheaper product and string you along because they know no matter what they do, you'll keep coming back for more.
They'll start whoring you around and selling your body like trash and you won't like it but if it means getting your next fix, you'll do anything.

Glad I left when the protest started.

My subscription was going to renew on July 3rd, but I let it expire. That seems like a wiser decision every day.
- Just out of curiosity, what is it that you were subscribing for? I used rddit for 13 years and never saw the need to pay for premium or gold or whatever. What features did it offer?
  
  I felt like the subscription was reasonable for the amount of time I spent on Reddit.

I can see why they’d want to streamline the award system, since it is a bit messy, but they’re getting rid of something that made Reddit unique and that people seemed to like, for…what, exactly?

Ad Revenue. Someone paying for Reddit Premium gets an ad free experience which is fine but someone who gets gifted Gold also gets an ad free experience. They need as many people as possible to see ads so free loaders have to go...which means so do the coins.
I fully expect that within a year Reddit will start doing what many streaming services are where the lowest tier is free but ad supported, then there's a paid "limited ad" tier, followed by an even more expensive "No Ads" tier. The current Reddit Premium program will transition to that mid-tier category and they'll add "Reddit Ultimate" or some BS as the new Ad Free option. It'll probably cost $10 a month too.

Not that I even use Reddit anymore, but when I did I used Apollo and I had awards disabled. Honestly they don’t bring anything to the discussion and certainly not since they introduced a hundred new awards that were free.

Wow... Did someone tell Reddit that April Fools was in July or something? It's this close to being a bad joke.

I don't understand. Don't they like money? I like money!
- And yet somehow they say that’s their reasoning - that they’re trying to become profitable.
  
  So someone did some math and figured out that the award system was unprofitable somehow?
  Don't know how that works out.
  Or maybe they are willing to take the hit because they are embarrassed when posts and comments criticizing Reddit get a ton of awards? (Plenty of people already have a large cache of Reddit coins, so handing out an award is not necessarily paying anything to Reddit at the time of award.)

Not a surprise Redditors hate losing coins.

Reddit still has users? I thought I was all chatbots?

43 comments