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Reddit mods are organizing blackouts to protest against API changes
(www.reddit.com)
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True, but I agree with lemillionsock's core point. Nothing short of Reddit pulling the plug on the servers will cause 430 million monthly active users to shift in any short time-frame. However, what is likely to happen is a sharp decline in quality as the core content contributors move on, then a slow gradual decline as the remaining users go "Where'd all the content go?".