this post was submitted on 26 Jul 2023
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[–] Sentinian@lemmy.one 106 points 2 years ago (1 children)

Just fyi to prevent misinformation, reddit disabled buying coins when they announced it was being removed. So all these points are leftovers

[–] cat_in_socks@lemmy.blahaj.zone 40 points 2 years ago

Also due to this people are even more willing to give out awards, since reddit announced that all coins will be removed from your account after September.

[–] SSUPII@sopuli.xyz 52 points 2 years ago (3 children)

Lots of them are likely leftover points due to the deprecation of awards.

[–] Guildo@feddit.de 26 points 2 years ago (4 children)

I never understood why people spend money on reddit. It's fucking stupid.

[–] SeaJ@lemm.ee 17 points 2 years ago

They used to give out awards to gift daily to encourage people to use the official app. You could also give out gold if you got several gold. I never spent any money but did give out awards.

[–] bappity@lemmy.world 14 points 2 years ago (2 children)

on top of that, Reddit rewards are disappearing soon so they are literally throwing money into a fire

[–] Shnebs@lemm.ee 10 points 2 years ago

I’m pretty sure you can’t buy coins anymore

[–] Guildo@feddit.de 7 points 2 years ago (2 children)

It was always that kind - I also don't get why people are spending money on e.g. bits at twitch. It's the same kind of stupid. Just give the people you like money with paypal. It's easier and they get nearly 100% of it.

[–] Sentinian@lemmy.one 2 points 2 years ago

Used to ask this question alot. But then I realized, its to be part of a community of sorts, either in a random twitch streamer's chat or on reddit. I kinda get it now, and I while I wish people would put this money towards either smaller creators or more charitable causes I do also respect peoples right to spend however they want.

[–] SSUPII@sopuli.xyz 1 points 2 years ago* (last edited 2 years ago) (1 children)

With "Friends and Family" they get 100% unless converted

[–] Guildo@feddit.de 1 points 2 years ago* (last edited 2 years ago) (1 children)

it's a bit complicated, if you have to spend tax on it - but, yes

[–] SSUPII@sopuli.xyz 0 points 2 years ago (1 children)

In my country Paypay doesn't tax when doing Friends and Family transactions, but do when you are sending to an account from another country

[–] Guildo@feddit.de 0 points 2 years ago (1 children)

In germany it demands on the conditions. If you get too much, they will ask why and where you got it. So, if you get small amounts it’s totally ok, if it gets more you will get problems.

[–] SSUPII@sopuli.xyz 0 points 2 years ago (1 children)

Isn't like that anywhere really? Paypal applies a hard limit on the max amount to send via Friends and Family, needing you to use the taxed other method where it becomes pretty much a bank transaction. For exchanging big sums in general the only real choice is a bank transfer with your real cards.

[–] nodiet@feddit.de 0 points 2 years ago (1 children)

I think you are confusing taxes with fees? I don't think PayPal will pay any taxes for you even if you don't use the "friends and family" feature.

[–] SSUPII@sopuli.xyz 1 points 2 years ago

Yeah, I meant fees there.

[–] LazaroFilm@lemmy.world 6 points 2 years ago (1 children)

I spent money on Apollo Ultra, but not on Reddit.

[–] Guildo@feddit.de 2 points 2 years ago

totally reasonable

[–] Cube6392@beehaw.org 3 points 2 years ago

Reddit premium did make the website more enjoyable. I'd never buy it for myself, but I gave it to a couple of friends over the years and the thought additionally was similar to me paying donations to Beehaw: wanting the website hosting the communities I participate in to keep existing

[–] Niello@kbin.social 5 points 2 years ago (2 children)

Why is it being deprecated? I thought it's a major income for them.

[–] princessnorah@lemmy.blahaj.zone 14 points 2 years ago (2 children)

Because Huffman and Musk are apparently (no, I'm not making this up) good buddies who share tips on how to run social media companies.

[–] RandomVideos@programming.dev 2 points 2 years ago (1 children)

By "run" do you mean "destroy"?

[–] princessnorah@lemmy.blahaj.zone 1 points 2 years ago

Yes, that was the joke, I was being facetious.

[–] Hillary_Clinton@lemmy.world 1 points 2 years ago* (last edited 2 years ago)

Understandable

[–] Calcharger@kbin.social 0 points 2 years ago (1 children)

I guess they are going to roll something else out to replace it

[–] Niello@kbin.social 2 points 2 years ago (1 children)

Let me guess, NFT or something blockchain related.

[–] SSUPII@sopuli.xyz 4 points 2 years ago

Doesn't Reddit already have NFT avatars?

[–] perviouslyiner@lemm.ee 1 points 2 years ago (1 children)

Awarded - apparently I have gold points there for some reason, and an IM saying they're about to be removed.

[–] SSUPII@sopuli.xyz 3 points 2 years ago

If you ever receive gold or higher you get some coins + premium membership for some days. I don't know if it is still applies.

[–] altima_neo@lemmy.zip 28 points 2 years ago (1 children)

And they misspelled CEO. Fucking achievement right there.

[–] Trofont@lemmy.world 7 points 2 years ago (1 children)

NGL I tried to figure out what joke you were making for several minutes. Then I finally looked at the second "CEO" my brain skimmed past it like 5 times

[–] LollerCorleone@kbin.social 2 points 2 years ago

Average Reddit behaviour.

[–] problembasedperson@lemmy.world 9 points 2 years ago (1 children)

Upvotes have nothing to do with SEO

[–] rockSlayer@lemmy.world 14 points 2 years ago (1 children)

Believe it or not, this used to actually work for SEO manipulation before Google got wise

[–] 100@lemm.ee 5 points 2 years ago

I remember the good old days when reddit managed to make a swastika one of the top google image results for EA Games or something, maybe Comcast.

[–] GenBlob@lemmy.world 5 points 2 years ago

I supported sending a message on r/place but this is embarrassing

[–] Anti_Weeb_Penguin@lemmy.world 4 points 2 years ago

REDDITORS TRY TO BE INTELLIGENT (IMPOSSIBLE)