Reddit Migration

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founded 1 year ago

Reddit kills awards and coins (old.reddit.com)

submitted 1 year ago by gsa32@lemmy.world to c/RedditMigration@kbin.social

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[–] IninewCrow@kbin.social 3 points 1 year ago (1 children)

I think part of it is about retention .... retaining all those users, especially those with high karma levels (or at least users who believe they have high karma) from abandoning the site and ending their accounts.

I'm currently in the process of ending my four accounts I have on reddit. Two of them are over 100,000 in karma and when I read this post, the very first thing that popped into my mind was .... HOW MUCH WILL MY ACCOUNTS BE WORTH?

So it's now making me think ... if I can just keep up my account for another while, maybe I can cash in on all that karma I accumulated.

I am sure that many other redditors are thinking the same. The way this reddit admin posted the info is really weird too ... it sounded like some salesman just enticing people into an idea but not fully being able to say much about it and instead making vague suggestions that something big is coming in the future.

I know a sales job when I see one .... and this is a sales job. Many people will fall for it ... if not just to hang on to see if they can at least cash in our something ... anything when the announcement happens.

Say or think what you want about me ... but I'm ending this relationship and deleting my accounts ... I don't trust big corporations to say or do anything that might give me a chance at anything. Any action they elicit from me or any user will be gamed to only benefit them. If not enough people figure that out ... reddit will make bank in the short term and that is all they are counting on.

[–] waterbogan@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

I think part of it is about retention … retaining all those users, especially those with high karma levels (or at least users who believe they have high karma) from abandoning the site and ending their accounts.>

If they were actually serious about retention of high karma users they could at least consider not suspending/ banning such users without a very good reason. My previous account on there was nuked for reasons I dont understand to this day, I would have happily stayed on otherwise. I have a temporary account there now which I had no intention of putting any money into - well now the one reason i might have been tempted to do so is going away anyway.

The award/ coin system was great, and I spent a bit of money on it, it was also a very good way to pay for or be paid for small international transactions - I assisted a few people with minor things and they paid my costs such as they were with reddit coin, saving them and me international bank transaction fees. I also liked rewarding intelligent and incisive comments that needed recognition as such.

Reddit really is going down the shitter