The fall of Reddit seems to be already there IMO

• picture aggregation subs are repeatedly posting image which has been seen some days ago
• bot account invites me once or twice by day
• some subs are protesting with funny rules
• migration subs are full of lost people.

It is getting worse. Mods are being kicked out of their accounts, many subs have decided to just be troll subs, and lots of highly engaged members have already left. Reddit is almost certainly destined to go the way of Digg.