Surrounding the legality of GameStop activity To countless episodes of hate speech that were impossible to moderate due to the The footage and surrounding commentaryīecame grounds for heavy moderation, with Reddit banning forums such asĪ few weeks, activity on WallStreetBets also became the focus of a moderationĬontroversy, with a surge in membership by more than two million users leading Was broadcast live on popular social platforms. President Donald Trump and far-right groups was largely organised online, and Storming of the US Capitol building in Washington DC by supporters of former Internet platforms now have on real-world phenomena.
Nimble navigator meme series#
GameStop activity is just one of a series of recent events showing how much influence Historically paid much attention to discussion groups on websites such as Triple digits since the start of the year. Stock frenzy is far from over – with 16 further US and European stocks up The GameStop event may have served as a cautionary tale, it appears the meme Of online communities and the challenges of moderation Investor’s Twitter post of an ice-cream picture. Social media speculation bizarrely attributed the renewed frenzy to an activist Second move was received with even more consternation than the first, asĪnalysts struggled to work out a reason for the sharp surge, eventuallyĬoncluding that it may have been caused by the CFO’s resignation. In the same afternoon, Reddit was down for many users. The initial shock rise and fall of GameStop, its shares inexplicably surgedĪgain towards the end of February 2021, with stocks climbing by 104% over theĬourse of an afternoon. Mania subsided within weeks, wiping $27 billion off GameStop’s valuation. Punish large hedge funds holding short positions in the retailer. WallStreetBets retail investors on Reddit, sought simultaneously to profit and The shock buying spree in its moribund stocks, launched by the now-notorious Was transformed from a struggling company to a stock market marvel almost Stocks gained considerable scrutiny in early 2021 after video game retailer GameStop Their growing influence on the market, has led to hedge funds and retail Their rise, led by individual retail investors aware of To be stocks valued on hype rather than fundamentals, and subject to volatilityĭriven by social media. While difficult to define, meme stocks are broadly understood Instrumental in the birth of meme stocks and the recent shift in power over
Retrieved 4 February 2017.Investing communities on platforms such as Reddit and Stocktwits have been ^ "Official Dance Singles Chart Top 40".^ Abbruzzese, Jason (25 February 2016)."Reddit and the God Emperor of the Internet". ^ Lagorio-chafkin, Christine (19 November 2016).
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"Guitar Hero Live GHTV update adds new songs, premium shows". ^ Dornbush, Jonathon (24 November 2015).
^ "Inside Mans, Series 1, The Wrong Mans - Music Played - BBC Two".^ "Knife Party's 'Centipede' - Discover the Sample Source".The terms " centipede" and "nimble navigator" were also used by Trump supporters on /r/The Donald subreddit.
The song is popular in the rhythm games " Beat Saber" and " osu!" During the 2016 United States presidential election, the song was associated with Donald Trump, especially its use in the video series "You Can't Stump the Trump". The song was featured on the television series The Wrong Mans as well as the video game Guitar Hero Live. This sample was also used in Tarantula / Fasten Your Seatbelt. The song sampled a segment from the Discovery Channel series The World's Most Feared Animals. Upon its release, it hit #47 on Billboard's Dance/Electronic Songs. " Centipede" is a song from the Knife Party EP Rage Valley.
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