this post was submitted on 16 Jul 2023
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Reddit Migration
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I don't think that after this announcement people will still buy coins / awards. A lot of them have coins and by default awards through premium membership or because they actually bought it. What you see now is really angry people gifting awards and through this spending coins before they vanish in September.
Because of this stunt even more redditors cancelled premium. And you see a lot of people who lose trust and wont spend money on the platform in the future.