Reddit is ending Reddit Gold and users are furious::undefined

    • @Revan343@lemmy.ca
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      1 year ago

      Some of us paid actual money for coins because we liked Reddit and wanted to help keep the servers running. Emphasis on liked.

      Guess I’ll help lemmy.ca keep their server running instead

  • @elrik@lemmy.world
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    582 years ago

    This finally pushed me to stop supporting the platform with a premium sub and now here I am, checking out lemmy!

    • Boz (he/him)
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      2 years ago

      Welcome aboard! We have beans! Also, I saw a fellow lemming giving out Lemmy lemons, so those, too. (Someone from kbin is going to have to help me out with their team’s memes…)

  • Excel
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    562 years ago

    The worst part is they’re also removing all of the existing gold awards from old posts as well.

  • @Wolf_359@lemmy.world
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    582 years ago

    I said this in another thread - I bet they’re going the YouTube route and are going to start allowing content creators to make money.

    Might sound good on the surface but it’s absolutely going to shred what Reddit used to be. Goodbye discussion forum and hello new social media.

    • @kescusay@lemmy.world
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      442 years ago

      I can’t think of a single good reason for anyone to actually want that. Reddit isn’t a site for content creation, it’s an aggregator. It works for YouTube because, well, it’s YouTube. It’s practically synonymous with content creation. But exactly zero people are on Reddit for that.

      • @AlexWIWA@lemmy.ml
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        242 years ago

        Also its a forum and its appeal is asking questions to real people. Paying users will destroy that appeal.

        • @Holyginz@lemmy.world
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          152 years ago

          The company doesn’t care. They don’t actually understand what reddit is/was and have decided they want it to be something else that they can squeeze money out of. Whatever they end up with is going to be bland and nothing like what it was before. Doubt it will get them what they want in the end.

          • @tony@lemmy.hoyle.me.uk
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            62 years ago

            They don’t seem to realize Reddit isn’t that special. It’s a forum… Digg and Slashdot thought they were special too Myspace before that…

            They’re just where most people are at the moment. That can and likely will change. Whether it’s Lemmy or something else entirely.

            • @AlexWIWA@lemmy.ml
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              22 years ago

              Yeah it’s not like Facebook where I need all my friends to move. I just need a few thousand people to move to Lemmy and I’ll never need Reddit again.

              • Boz (he/him)
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                22 years ago

                And since Lemmy is already at, iirc, the 200,000 mark, and is only part of the greater fediverse… I can’t speak for anyone else, but I don’t feel lonely here.

                • @AlexWIWA@lemmy.ml
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                  22 years ago

                  Same. Honestly I’m getting more responses and conversations than I do in Reddit. And they’re way more positive

        • @NightOwl@lemmy.one
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          72 years ago

          Real people who don’t expect something back in return from you is what made reddit special. Advice is given because someone wanted to help as opposed to wanting a like, subscribe, notification bell, patron, merch store, etc. Now they want to turn into into some influencer platform full of people trying to sell shit whether it’s themselves or some crap.

          • @AlexWIWA@lemmy.ml
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            42 years ago

            Exactly. People on Reddit usually don’t have any incentive to lie about e.g. the quality of a fridge brand. Give them an incentive and it immediately becomes as useless as Google seo spam

    • EricKendrick
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      32 years ago

      I thought every gold was bought, with points, which were bought with money. So if you see a gilded post, someone paid for that - maybe not the person who awarded it directly if they were gifted points, or received points as part of an award (which cost more points to cover that).

      So basically all those awards were a good indicator of how much was being spent on Reddit and in which forums that financial engagement was being valued.

      So if some ‘popular’ forums suddenly stop being gilded, then it is a good indicator that the forum has now been abandoned by the most commercially valuable participants. Which looks bad when selling the site.

      So Reddit took its ball back, so noone can tell where the money is but them.

  • arcturus
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    552 years ago

    on one hand, reddit gold is useless and a waste of money imo

    other hand, they just keep going for making the most controversial decisions with zero thought lmao

    • @anonono@lemmy.world
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      332 years ago

      reddit gold used to be how the community helped with server costs back when reddit had only a few employees

      • @drcobaltjedi@programming.dev
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        2 years ago

        I still have my reddit account, only to malicously mod one community and update a secret community about a move to lemmy, but I only use reddit now to do a quick check in on those subs and then a glace at the front page.

        Anyway, i saw the reddit post and a bunch of people were livid and said they were doing chargebacks now. I informed them that chargebacks cost reddit more money than they initally spent (spend $5 they have to return the $5 and pay a $20 fee), and if tok many users do a chargeback then credit card companies would stop paying them wink.

        EDIT: in response to telling people that it would hurt reddit finacially I got a 2 gold and 2 platnium awards which i hope were paid for with chargebacked credits.

        • @Gestrid@lemmy.ca
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          32 years ago

          EDIT: in response to telling people that it would hurt reddit finacially I got a 2 gold and 2 platnium awards which i hope were paid for with chargebacked credits.

          They were probably just throwing leftover Coins they had in your direction.

    • Skellymax
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      52 years ago

      It might be that they’ve given up on the visuals and are now making all the changes all at once. They’re ripping off the bandaid overhauling their site and are banking that the damage will be recover in time.

      With the current state of dissatisfaction from the community, now might be a good time to plow through and make all the changes that are already undesirable for the old user base.

      Maybe even more of these big changes to come? More popcorn for the Fediverse I suppose.

    • irotsoma
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      142 years ago

      Sure but they could have left the awards in place for a while even if no more could be added. And instead of making everyone lose all the coins they already spent money on, they could have allowed those coins to be used for whatever the next thing is. Just throwing out everyone’s money is never a good practice.

      Like what if Minecraft decided they were going with a new monetization strategy and said everyone’s minecoins would expire in a couple of months and any skins, texture packs, etc., you bought with them will also be gone. And no refunds of course.

      • Plaid_Kaleidoscooe
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        12 years ago

        I don’t even know what the coins are, but if they did it this way, wouldn’t that cause a lot of people to want to sell accounts that still had coins and such? Maybe they wouldn’t to avoid a secondary marketplace. Either way, they really are tightening ship for the corpos.

      • arcturus
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        52 years ago

        I did not know minecoins were a thing

        but in any case, I’m not saying that they’re making a good decision, just that I don’t see the point of reddit gold

  • Em Adespoton
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    2 years ago

    Here’s what I received today… first time I’ve visited Reddit in over a month:

    Hello from Reddit,

    We’re reaching out because you have Reddit Premium and/or Reddit Coins on your account.

    TL;DR: We’re making updates to awards and coins on Reddit that we’ll complete by September 12, 2023. As part of this, we made a decision to move away from Reddit coins and awards. This includes the 700 monthly coins* and Premium Awards, which are currently part of the Reddit Premium experience.

    You’ll still be able to use your Reddit Coins until September 12, after which they’ll be removed from your account.

    Note: all other current Premium perks will still continue to exist, including the ad-free experience.

    As we looked at our current awarding system, there was consistent feedback from redditors that stood out – particularly around the clutter from awards and all the steps involved with awarding content. We also learned that redditors want awarded content to be more valuable. With that, we are reworking how great content and contributions are rewarded on Reddit. We will have more updates to share soon.

    If you have further questions please check out our announcement post to read more about the update.

    • This perk is part of the paid Reddit Premium experience
    • @scottywh@lemmy.world
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      92 years ago

      I got this message too… Guess maybe I’ll look and see what the hell coins i could possibly have … I’ve only had people give me gold like twice over 15 years though and never even really knew what the hell to do with it.

      • @FordBeeblebrox@lemmy.world
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        112 years ago

        I ended up with a fairly sizable pile of gold after ten years of drunken shitposting and never really got the appeal of the gold lounge sub. I just went around and threw random shinies at people saying especially vitriolic things about Huffman before nuking my account.

        • @scottywh@lemmy.world
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          82 years ago

          Apparently I’ve got 300 coins sitting there…

          What the hell can I actually do with that?

          Anything?

          • @FordBeeblebrox@lemmy.world
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            62 years ago

            They have like 500 various awards so just pick some that look fun and decorate funny comments I guess.

            Actually useful? Nah

            • @scottywh@lemmy.world
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              42 years ago

              I literally don’t even know how to do that though… Lol… 😂

              Guess I’ll Google it in the next couple days if I’m bored

              • Em Adespoton
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                42 years ago

                I plan to just let mine sit there forever in an abandoned account… unless I get around to scorched earthing my account. But really, I can’t be bothered to put that much effort into Reddit.

          • @CoderKat@lemm.ee
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            22 years ago

            I’m just gonna let mine die. I don’t want to use the site any more than necessary. The kinds of posts I’d want to draw attention to at this time are those that would appear hypocritical to give rewards to. I don’t want to give the impression of having given Reddit money (even though I’ve never bought a reward and all my coins are from receiving).

            • @FordBeeblebrox@lemmy.world
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              12 years ago

              FWIW, I overwrote and nuked my account at the end of June same time as Apollo went dark. Threw out every free award I had before doing it, while still using the free API and just the app I paid for.

              At this point, I’d say log in and remove your content, but interacting with the site any further is giving site traffic numbers they shouldn’t have. If you want to give awards, gild comments about the fuckery afoot

  • @DarkWasp@lemmy.world
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    22 years ago

    Wasn’t paying for Reddit Gold the only way currently to not see ads, or is that something else?

  • AFK BRB Chocolate
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    2 years ago

    Just looked and I have 1100 coins. Not sure what from, I’ve never bought any. Any suggestions for them?

    Never mind, I decided I only go to Reddit now for one small, private sub, so I went there and gave awards to posts I thought were good.

    • 🔍🦘🛎
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      2 years ago

      Not sure what from

      When other people give big awards to your posts/comments, you actually get some coins as well.

      • AFK BRB Chocolate
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        182 years ago

        Huh, interesting. There were a few times it said I was gifted premium, but I never did anything with it. Well, doesn’t matter now, I guess.

        You know, the thing that strikes me as particularly odd is that apparently they’re going to retroactively delete the existing awards. I’d imagine there are some people who feel tied to their Reddit accounts because the awards and karma were important to them, so stripping anything like that away seems like it would make those people feel less attached to Reddit and more likely to move on. They really seem to be scuttling the site.

        • @shashi154263@lemmy.world
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          72 years ago

          I’d imagine there are some people who feel tied to their Reddit accounts because the awards and karma were important to them, so stripping anything like that away seems like it would make those people feel less attached to Reddit and more likely to move on.

          Not only that, but they’ll probably be angry on reddit as well.

        • @CannaVet@lemmy.world
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          52 years ago

          He’s literally just doing whatever Musk tells him to. Get rid of all the people who cared about the site, then you can advertise your site as a walled garden for bigots and terrorists

  • @Da_Boom@iusearchlinux.fyi
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    182 years ago

    Honestly, I never liked all the additional rewards they added to the system anyway, seemed really superfluous.

    I actually preferred it when it was gold only. No silver, bronze or any of the other 10+ “coins” they had.

    You paid for gold to support their server time, you could also give others a month of gold as well - it had a similar feeling to subs and gift subs on a twitch channel. You gave others gold not only to support the servers, but to say, “I want to give you more than an upvote for what you said” it was a way of going above and beyond.

    Sure the lounge was crap, but that wasn’t the point, that was an intended reward for donating.

    I honestly don’t know why they’re killing it, as it’s a known fact that having a subscription system with the ability for people to pay monthly is a far better, more consistent source of revenue than ads, and it’s less invasive. It’s why musk is pushing twitter blue so hard.

    Unless they’re only killing the awards part of it and still allowing people to subscribe to premium, I can kinda see some of the logic in that - by making it impossible to access premium features through gold gifts, you make it so everyone has to access those features by subscribing - the hope is more become willing people sign up to it after losing their free gold. Honestly I think they’re misjudging how much value Reddit premium actually has, especially given the recent alienation by Reddit staff, and therefore removing the ability to give awards is misleading. Sure if premium had more value than it does, it might actually have the intended effect, but I think it’s just gonna result in a precipitous drop in revenue.

    Honestly Lemmy kinda does donations better, as it doesn’t turn donations into a fake award you can give other people. Instead it’s just that, you donate, the server stays running and we get to continue having this space. And the admins are actually careful enough to turn off registrations when growth starts to increase too quickly.

  • @blueskiesoc@lemmy.world
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    602 years ago

    Remember kids, don’t let the news tell you how to feel. Watch out for words in the title like “outrage” and “furious”. Anger increases engagement and they know it.

    • @SpaceCowboy@lemmy.ca
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      112 years ago

      Yeah internet “outrage” is a weird thing.

      I scrambled 10 years of my reddit activity, which would appear to be outrage. But in reality it was more like “meh, well reddit sucks now, I guess I’ll go somewhere else. I’ll just remove whatever value I may have added to the site on my way out since I don’t want to reward a corporation for bad behaviour.”

      I guess some people may be outraged, and they’ll be the most vocal ones. But most people are probably like “this kinda sucks, but meh whatever” and move on. You just don’t hear a lot from these people.