diff --git a/Changelog.md b/Changelog.md
index 6b210cc67..97b82aeec 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -24,7 +24,6 @@
 * Fixed Atom Feed Error if reshared Post is deleted [#4638] (https://github.com/diaspora/diaspora/issues/4638)
 * Show hovercards in the notification drop-down for users on the same pod [#4843](https://github.com/diaspora/diaspora/pull/4843)
 * The photo stream no longer repeats after the last photo [#4726](https://github.com/diaspora/diaspora/issues/4726)
-* Stop parsing hashtags inside markdown links [#3692](https://github.com/diaspora/diaspora/issues/3692)
 * Fix hovercards in the notificaitons dropdown [#4693](https://github.com/diaspora/diaspora/issues/4693)
 
 ## Features
diff --git a/app/assets/javascripts/app/helpers/text_formatter.js b/app/assets/javascripts/app/helpers/text_formatter.js
index 0ae8e9d5d..3e122d87a 100644
--- a/app/assets/javascripts/app/helpers/text_formatter.js
+++ b/app/assets/javascripts/app/helpers/text_formatter.js
@@ -108,16 +108,11 @@ $(function() {
   };
 
   textFormatter.hashtagify = function hashtagify(text){
-    var utf8WordCharcters =/(\s|^|>)#([\u0080-\uFFFF|\w|-]+|<3)/g;
-    var linkRegex = /<a[^>]*>(.*?)<\/a>/g;
-
-    if(text.match(linkRegex))
-      return text;
-    else 
-      return text.replace(utf8WordCharcters, function(hashtag, preceeder, tagText) {
-        return preceeder + "<a href='/tags/" + tagText.toLowerCase() +
-                           "' class='tag'>#" + tagText + "</a>"
-      });
+    var utf8WordCharcters =/(\s|^|>)#([\u0080-\uFFFF|\w|-]+|&lt;3)/g
+    return text.replace(utf8WordCharcters, function(hashtag, preceeder, tagText) {
+      return preceeder + "<a href='/tags/" + tagText.toLowerCase() +
+                         "' class='tag'>#" + tagText + "</a>"
+    })
   };
 
   textFormatter.mentionify = function mentionify(text, mentions) {
diff --git a/spec/javascripts/app/helpers/text_formatter_spec.js b/spec/javascripts/app/helpers/text_formatter_spec.js
index 2c1461b69..29aec511e 100644
--- a/spec/javascripts/app/helpers/text_formatter_spec.js
+++ b/spec/javascripts/app/helpers/text_formatter_spec.js
@@ -238,13 +238,6 @@ describe("app.helpers.textFormatter", function(){
 
         expect(formattedText).toContain("/tags/parties")
       })
-
-      it("doesn't create tag if the text is a link", function(){
-        var link = $('<a/>', { href: 'http://me.co' }).html('#me')[0].outerHTML;
-        var result = this.formatter.hashtagify(link);
-
-        expect(result).toEqual(link);
-      })
     })
   })