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Author Topic: Elon Musk bought Twitter  (Read 753 times)
gabbie2010
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April 29, 2022, 10:01:38 PM
 #81

Ilon Musk's purchase of Twitter is very good news for the crypto industry. More features are likely to come in the future. I think so, because all his projects are cryptocurrency related, like PayPal or Tesla. I think this could be a new trigger for market growth.
We are all aware of Elon Musk being  a crypto enthusiast and his acquisition of twitter will purposely utilize the power of this particular social media to diseminate information of some of his crypto projects positively and consequently this will have huge impact on the price of crypto his interest is on particularly Dogecoin positively, I believe this particular coin will begin to receive massive attention like bitcoin in years in ahead, the purchase of twitter at a whooping rate of $45 billion is huge and massive and a huge investment by a sole ownership.

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April 29, 2022, 11:01:59 PM
 #82

Does anybody else feel like 44 billion is like kind of cheap for something as big as Twitter? I feel like there is nothing bigger,,, yes maybe Facebook has much more people but nothing is as relevant or as cool as Twitter, even though I do not follow it anymore or use it I remember it.

I would guess 44 billion was not all there was to it?
44 billion honestly is a really high valuation it’s already multiple times yearly income of some of the countries in this planet.
just imagine a digital platform that has no land, no real resources but digital resources getting valued that high it’s already such a tremendous valuation that only very few people could afford that
but well that’s just my 2 cents after all, i never really analyze this kind of massive humungous deal.

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April 30, 2022, 03:54:19 AM
 #83

Maybe theres a negotiation that they still have some of the share of the company, Elon cant totally bought it for 100% for sure but have major stock for him to decide and be considered as owner.  Like 80 to 90%

I know right? Was having this kind of thoughts as well. The potential of twitter to go even higher as to what it is now is off the charts considering how many has been accustomed of using it already nowadays. It would be pretty hard to let go of something with that much potential. The reason may be because some twitter devs were tired already and wanted to retire early thus they were only waiting for a good enough deal to come so they can do so. And then Elon came and may have created a good deal that would not only give them enough to live a lifetime of luxury but also a chance to still be a part of the evolution of twitter as it adapts to the new trend which is the web3 integration. Which, is in my opinion bound to happen not just on twitter by to all the other existing social media platforms out there.
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April 30, 2022, 03:57:21 AM
 #84

I think it's not just crypto, seems like Elon just realize how twitter can have a huge impact on people decision, he tweeted some silly thing and suddenly people speculating on some shit coins. But I don't think he will add a premium or paid account. He absolutely will make something out of twitter that can make him more money and get him more power and influence. And when some big guy like Elon talk about free speech, it will always be the free speech that give him the advantages.


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April 30, 2022, 09:34:40 AM
 #85

Elon Musk buying Twitter might affect the price of Doge Coin because Twitter is the social network most interested in crypto investors. Is Elon Musk really going to make big changes?

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April 30, 2022, 09:37:25 AM
 #86

I have also read this news in various media including there is a notification about this, Elon Musk bought twitter for a fantastic price. I was wondering why he bought twitter, why he didn't just create a new social platform like that. It's not difficult even for a businessman to do it, but maybe because Twitter is in great demand by all circles.
Dude creating a big social media platform like twitter is not easy and takes a very long time, I think people like Elon don't want to waste time creating and developing social media platforms. Elon is a reliable businessman and I think Elon is able to return the money used to buy Twitter in a much shorter period of time than the time it takes to create and develop social media

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April 30, 2022, 09:46:58 PM
 #87

Will be buy twitter use for his advantage and suspend some person have against with him, I think have several richest person have different opinion with him and looks easy how to suspend their account. Actually after success buy twitter he has large access and promoting what he want and looks every day have new thing will pump, maybe he can adopt bitcoin or altcoin as legal thing on twitter platform after last time always have issuess with twitter banned when promoting about cryptocurrency.
I am not entirely sure if that would workout the best for him. I mean if he comes in guns blazing and he kicks people off, then people could build a competitor that doesn't have that much bans and they could get all those people instead. I remember clearly when Trump got kicked off, there were billions around the world who was happy, and when you do that to other celebs then it is not going to be the same thing.

So he has to be careful, if you do it to the right person then nobody will care, but if you do it to the wrong person then they will go to your competition. This could liven facebook back up again if you ask me, he wouldn't want that and he should be careful.
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May 01, 2022, 09:24:04 AM
 #88

The 44 billion budget that Elon Musk spent to buy Twitter is not a cheap price but we don't know what will be planned with the Twitter buying process because everyone knows that Elon Musk's influence is very large in any case will the purchase just to manipulate the crypto world so that he can do anything in cryptocurrency with the Twitter that he has, and we really hope that the purchase has no effect on the crypto world which is currently starting to fall in the stock market regarding the price of bitcoin in recent years

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May 01, 2022, 07:12:06 PM
 #89

Does anybody else feel like 44 billion is like kind of cheap for something as big as Twitter? I feel like there is nothing bigger,,, yes maybe Facebook has much more people but nothing is as relevant or as cool as Twitter, even though I do not follow it anymore or use it I remember it.

I would guess 44 billion was not all there was to it?
44 billion honestly is a really high valuation it’s already multiple times yearly income of some of the countries in this planet.
just imagine a digital platform that has no land, no real resources but digital resources getting valued that high it’s already such a tremendous valuation that only very few people could afford that
but well that’s just my 2 cents after all, i never really analyze this kind of massive humungous deal.
And yet I do think it is that valuable, the reason why social media websites are so valuable and powerful is the network effect, if a social media website had all the characteristics of Twitter but it had no users then it would be worth nothing, but when you have billions of people using it then without a doubt that holds value, and by the way this is also one of the reasons the value of bitcoin keeps going up, because the more people use it the more places you can pay with it, making it more useful and as such its value goes up as well.
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May 02, 2022, 06:36:37 AM
 #90

Does anybody else feel like 44 billion is like kind of cheap for something as big as Twitter? I feel like there is nothing bigger,,, yes maybe Facebook has much more people but nothing is as relevant or as cool as Twitter, even though I do not follow it anymore or use it I remember it.

I would guess 44 billion was not all there was to it?
44 billion honestly is a really high valuation it’s already multiple times yearly income of some of the countries in this planet.
just imagine a digital platform that has no land, no real resources but digital resources getting valued that high it’s already such a tremendous valuation that only very few people could afford that
but well that’s just my 2 cents after all, i never really analyze this kind of massive humungous deal.

I suppose it is not absolutely out of this world,,, a company that has probably over a billion active users (I am just guessing) might say each account could spend about $44 in the lifetime so there is a big amount of revenue to be got there and it is just the most popular crypto social media.

It is not like he cannot sell it back to someone else either.

Beyond us mortals for sure.

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May 02, 2022, 10:34:22 AM
 #91

I'm glad that Elon Musk bought Twitter, he is well-known as the most influential influencer on Twitter and he is a cryptocurrencies investor, of course Twitter will change a lot after he bought it and I'm sure the original plan to accept bitcoin and cryptocurrencies for advertising transactions will make a big pumping in short time.

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May 02, 2022, 12:24:38 PM
 #92

I was wondering why he bought twitter, why he didn't just create a new social platform like that. It's not difficult even for a businessman to do it, but maybe because Twitter is in great demand by all circles.
Twitter is the biggest and popular social network platform, they didn’t gain such huge popularity at overnight, almost 16 years ago it’s founded. So i think it’s of course pretty difficult to just create a new social platform then will go popular very shortly. As far as I've heard, he will turn it into a private company and the most interesting thing is he buys it to protect freedom of speech.

Twitter is not the biggest social network platform if you compare it with Facebook or Youtube. But, it is the platform where you will find the most influential and powerful people on earth. He invested because it is better to buy an existing platform than to create one and promote it. He did invest in the Signal app to rival WhatsApp and Telegram so far it is nowhere near to them. That is why he bought Twitter and through it, he would control many things.

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Natalim
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May 02, 2022, 12:30:59 PM
 #93

I was wondering why he bought twitter, why he didn't just create a new social platform like that. It's not difficult even for a businessman to do it, but maybe because Twitter is in great demand by all circles.
Twitter is the biggest and popular social network platform, they didn’t gain such huge popularity at overnight, almost 16 years ago it’s founded. So i think it’s of course pretty difficult to just create a new social platform then will go popular very shortly. As far as I've heard, he will turn it into a private company and the most interesting thing is he buys it to protect freedom of speech.

Twitter is not the biggest social network platform if you compare it with Facebook or Youtube. But, it is the platform where you will find the most influential and powerful people on earth. He invested because it is better to buy an existing platform than to create one and promote it. He did invest in the Signal app to rival WhatsApp and Telegram so far it is nowhere near to them. That is why he bought Twitter and through it, he would control many things.

Eveyone now is on social media, having a platform like Twitter is a great tool to spread the information of Elon's businesses. He is the richest now in the world, so using a platform that could reach everyone is very helpful for him and for his companies, and also, during the bull run, you know what twitter can do.

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May 02, 2022, 12:42:21 PM
 #94

I'm glad that Elon Musk bought Twitter, he is well-known as the most influential influencer on Twitter and he is a cryptocurrencies investor, of course Twitter will change a lot after he bought it and I'm sure the original plan to accept bitcoin and cryptocurrencies for advertising transactions will make a big pumping in short time.
Twitter has indeed been bought by Elon Musk now and in fact Bitcoin continues to correct now and there is no sign of a pump in a short time although the application of transactions for advertising on Twitter has not been determined, whether to use cryptocurrencies such as Bitcoin or others.
What is clear is that Elon Musk is not only investing in the crypto space, but also in many other spaces as additional businesses in this world.

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May 02, 2022, 01:34:30 PM
 #95

Good news and happy to hear Twitter bought by Elon Musk, I'm sure the position of Cryptocurrencies will get stronger because Elon Musk is the most influential influencers at this time, I hope that soon Twitter Coin will provide a giveaway and airdrops for Twitter users.


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May 02, 2022, 09:44:01 PM
 #96

I suppose it is not absolutely out of this world,,, a company that has probably over a billion active users (I am just guessing) might say each account could spend about $44 in the lifetime so there is a big amount of revenue to be got there and it is just the most popular crypto social media.

It is not like he cannot sell it back to someone else either.

Beyond us mortals for sure.
I wouldn't say there are a billion people using it, but a billion active accounts could be achieved probably. The reality is that there are about 300-350 million monthly users on twitter, which means that you would have to have a lot more.

But, you wouldn't need to make that money back in a single year, on average if you could have just 1 dollar per user (majority won't spend anything, I am just talking about average) then you would make 300+ million in revenue, so in 10 years you make 3+ billion in revenue. That's not too bad, not enough but not too bad, that would give Twitter a better valuation as well because the revenue is there and proven and people would want that revenue as well so he could flip it for 100 billion later on if he wanted to.

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May 03, 2022, 05:58:55 AM
 #97

I suppose it is not absolutely out of this world,,, a company that has probably over a billion active users (I am just guessing) might say each account could spend about $44 in the lifetime so there is a big amount of revenue to be got there and it is just the most popular crypto social media.

It is not like he cannot sell it back to someone else either.

Beyond us mortals for sure.
I wouldn't say there are a billion people using it, but a billion active accounts could be achieved probably. The reality is that there are about 300-350 million monthly users on twitter, which means that you would have to have a lot more.

But, you wouldn't need to make that money back in a single year, on average if you could have just 1 dollar per user (majority won't spend anything, I am just talking about average) then you would make 300+ million in revenue, so in 10 years you make 3+ billion in revenue. That's not too bad, not enough but not too bad, that would give Twitter a better valuation as well because the revenue is there and proven and people would want that revenue as well so he could flip it for 100 billion later on if he wanted to.

Maybe not a billion people with accounts but I also include people like me who are not (or rather,,, for me no longer) using an account but who know what Twitter is and actually still read it because it is shared a lot. Like take this forum for example,,,I am sure not many of us actually have an account of use it a lot but we cannot help but read it when shared here.

As you say even 1 dollar per person makes a lot of money I bet me clicking on a few Tweets already generates revenue without being a user!

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May 03, 2022, 06:40:42 AM
 #98

In my opinion, in the long term, this will have an impact on Dogecoin, because Dogecoin is a coin that Elon Musk fosters. Elon Musk's name rises in the media. It should soon make Dogecoin grow, although it is not visible now, maybe in the future Dogecoin will be a coin that has utility and comes out of the concept of a joke. we'll see soon, he'll try to make a new history with all this.

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May 03, 2022, 06:59:36 AM
 #99

In my opinion, in the long term, this will have an impact on Dogecoin, because Dogecoin is a coin that Elon Musk fosters. Elon Musk's name rises in the media. It should soon make Dogecoin grow, although it is not visible now, maybe in the future Dogecoin will be a coin that has utility and comes out of the concept of a joke. we'll see soon, he'll try to make a new history with all this.
Just like what Mentioned in the latest thread created above you tackling this Dogecoin using for the betterment of Twitter app.


and here it is...

Shark Tank star Mark Cuban has come up with a way to solve Twitter’s spam problem using the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it is “not a bad idea.” Twitter recently accepted Musk’s buyout offer.

Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea
Tesla CEO Elon Musk has been discussing on Twitter how to solve the platform’s spam bot problem. He has promised to solve the spam problem “or die trying.” Twitter agreed to sell the company to Musk for about $44 billion last week.

Details:
https://news.bitcoin.com/gofrom/most_popular/elon-musk-mark-cuban-discuss-using-dogecoin-to-solve-twitter-spam-problem

What do you think about Mark Cuban’s idea to use dogecoin to fight spam on Twitter?

with this meaning Dogecoin will be Boosted in the coming days, and Elon love when His baby coin making its way to the top once more.

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May 03, 2022, 08:38:32 AM
 #100

I believe that Elon Musk wants to make Twitter the most popular social network in the future, which will become the leader of social networks in the future. Elon Musk has always been different from everyone else in his thinking. And now, when such a social network Twitter is in his hands, you can have a large flow of information that can bring huge profits to Elon Musk. And thanks to the purchase of Twitter, Elon Musk will be able to develop the crypto industry in his own direction. And this may affect the current crypto market.
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