Pretty much this. The Reddit exodus is looking similar to the Digg exodus did, but it hasn’t fully happened yet. If Reddit’s bullshit API changes actually go through, and especially if they kill off old.reddit, I suspect we’ll see a real site-killing exodus. Reddit is incoherently stupid for doing this. They literally have a well documented example of exactly what happens when you do this hyper-capitalist shit on a userbase that doesn’t want it. That’s why Reddit exists today without much competition. Too blind to see so they’ll gladly let history repeat itself.