Elon Musk and the fall of Twitter

[o48o]

Twitter (now called X).

Every time I see this I think its a mistake, their corporate value is partly contained inside that brand name.  Literally they created a new verb, their brand name became part of the English language and yet its discarded as though worthless.
  Why could they not have X and Twitter and use both at same time, I see no problem with that.  Really a move disliked by the majority of people imo and quite pointless.  

Yup, and there's no way i would adjust calling twitter other than twitter, ever. And luckily i am not in a position i can decide to do that. I won't be downloading the app. And will use desktop version if i need my account again. But it's always twitter to me.

He is like a rich bully in the playground who buys the public playground and kicks your sand castles down if you don't bow to him.
While saying that it's not called a playground anymore, that we have to call it park of losers or he kicks us out.

He can just kick everyone's account if "tweets" and "twitter" are too much of slurs to him. I wouldn't mind. He already killed twitter

Well technically he is not CEO. It's Linda Yaccarino now, who is claiming that advertisers are coming back. Which is most likely a lie. But she is paper ceo anyway as musk definiltely wants to control everything. That's why he bought it.

For someone like Elon, if he doesn't plan it, it's almost impossible. Even though their plans are strange, creative and genius people are different from ordinary people. Elon's plan has been fulfilled, namely firing Twitter employees he doesn't like or reorganizing Twitter so that later the team at Twitter can handle/control everything, even remotely. From the start, Elon did not intend to handle Twitter directly, which is why he is not currently serving as CEO of Twitter.

People stick to believing this genius branding that he build, but he is no genius. He wasn't a child prodigy, but a normal bright child with autism from wealthy family. I would even suspect him having mild inattentive ADHD because of his childhood troubles at the school. And i m suspecting he might be self medicating symptoms, as it's public info he takes small doses of ketamine.
And this is not a diss, i have autism and adhd too, and there's nothing wrong with those. It just explains some of the eccentric behavior.



He desperately wants to be edgy and cool, noticed and adored.

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[1715077722]

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[Twentyonepaylots]

Twitter (now called X).

Every time I see this I think its a mistake, their corporate value is partly contained inside that brand name.  Literally they created a new verb, their brand name became part of the English language and yet its discarded as though worthless.
  Why could they not have X and Twitter and use both at same time, I see no problem with that.  Really a move disliked by the majority of people imo and quite pointless.  
  

advertisers are coming back

He wants to be famous, now he is infamous of doing such things. Who would have thought that the riches man in the world would start talking about DOGE in the first place?

Now he rebranded the Twitter, changed it to 'X' what a clueless and useless name for a social media platform. I see what he is trying to do here, he wanted to be noticed, recognize for some stupid stuff, and get called genius for making rockets. I saw the drop of Twitter users after this bold and crazy move.

I would imagine that is true.  Doesnt have to be that this website is run perfectly for companies to want their adverts to appear on the site and its traffic of quite mainstream people, various demographics etc.   Advertising is a global marketplace, before Bitcoin came to be it was said advertising is the lifeblood of the internet because it provided revenue to sites that would have none otherwise and created content and the paid the people for it basically.  Its quite true, its a positive and also an ongoing demand companies want to pay twitter or X because it has the traffic, simple as that nobody has to conclude they like Elon Musk but I see adverts on all kinds of iffy websites and X is no worse then them.

That's the blood of social media paltform, advertisement is their common or main source of revenue aside from some paid features. I see facebook turning all-in-one social media where you can buy goods as well, they are pretty much the same actually.

[mich]

The twitter account for Satoshi is now sending out cryptic messages. It was a tweet in reverse '4202 raey eht ni ecnedive fo stol htiw delaever eb lliw ma I ohw fo yretsym ehT'.

And what it says is '“The mystery of who I am will be revealed with lots of evidence in the year 2024'. https://twitter.com/satoshi

[Sithara007]

The twitter account for Satoshi is now sending out cryptic messages. It was a tweet in reverse '4202 raey eht ni ecnedive fo stol htiw delaever eb lliw ma I ohw fo yretsym ehT'.

And what it says is '“The mystery of who I am will be revealed with lots of evidence in the year 2024'. https://twitter.com/satoshi

LOL.. Bio says "Joined May 2018".. I would not waste anytime on this account, as it was setup by some scammer. But I am surprised that the account @satoshi went unclaimed until 2018. Why no one noticed it? Anyway, the only account that was created by the real Satoshi is here in Bitcointalk. Here is the account, and it was created back in 2009:

https://bitcointalk.org/index.php?action=profile;u=3

Satoshi is actually the third user to register to this forum. He joined on 19th November 2009 and was active here for close to 13 months. This was the last post that he made (12th December 2010):

https://bitcointalk.org/index.php?topic=2228.msg29479#msg29479

[mich]

Yes I think you are right we must not take the account so seriously. But we are normal people and when we see spotting of 'satoshi' we all get excited to think what if it is the real person.

And now we must ask ourself why now if the account doing this. And why did he take a long time off. Or maybe even it is satosi and he is just late to join Twitter.

[mich]

Well now Elon Musk is going to fight bots with the 'Not a Bot' program he is starting. It will begin in countries of New Zealand and the Philippines for price of $1 each year.

New accounts will be allowed to tweet, reply, quote, repost, like, bookmark, and create lists. I think this is a good start to fight off the bots.

https://www.engadget.com/x-is-starting-to-charge-new-users-1-per-year-to-send-tweets-000925191.html

[bakasabo]

So basically it will cost a dollar to create a fully working twitter account. Auto registration and account seller will be the next to get rich. On one hand, $1 a year isnt much, specially when we pay monthly 9.99 for Netflix, 13,99 for YouTube premium, 14,99 for Amazon prime and 7,99 for Spotify. On the other hand, those who did not want to pay a dollar can always do what most of bots do - follow and read.

[DrBeer]

Elon Musk's social network is losing audience after the entrepreneur came to power...
Analytical company Similarweb summed up the results of the first year of X (formerly Twitter) under the leadership of Elon Musk. As it turned out, over the past 12 months, the social network has lost a significant part of its audience: in September 2023, the portal’s audience in the United States decreased by 19% compared to last year. A similar situation arose in other countries, including Australia (-17.5%), Germany (-17.9%), France (-13.4%) and the UK (-11.6%).

Global traffic to the desktop platform was down 14% year-over-year, and U.S. mobile traffic was down 17.8%. In addition, advertisers are gradually leaving Twitter. Over the past year, traffic in the advertising section of ads.twitter.com has decreased by 16.5% and continues to fall.

https://www.similarweb.com/blog/insights/social-media-news/x-twitter-musk/

[Altryist]

So basically it will cost a dollar to create a fully working twitter account. Auto registration and account seller will be the next to get rich. On one hand, $1 a year isnt much, specially when we pay monthly 9.99 for Netflix, 13,99 for YouTube premium, 14,99 for Amazon prime and 7,99 for Spotify. On the other hand, those who did not want to pay a dollar can always do what most of bots do - follow and read.

YouTube premium, Amazon prime and Spotify are services for which it is difficult to find a worthy replacement, and as for social networks, it seems to me that the situation here is different, you are right that a dollar is a small fee, but if this is a new user and he has not yet understands the benefits of Twitter for himself, then perhaps he will not want to pay anything but will go and register where it will be free for him.

[FinneysTrueVision]

Well now Elon Musk is going to fight bots with the 'Not a Bot' program he is starting. It will begin in countries of New Zealand and the Philippines for price of $1 each year.

New accounts will be allowed to tweet, reply, quote, repost, like, bookmark, and create lists. I think this is a good start to fight off the bots.

https://www.engadget.com/x-is-starting-to-charge-new-users-1-per-year-to-send-tweets-000925191.html

Maybe you'll get rid of a few bots but you will also drive away legitimate users by putting up a paywall to use Twitter. Real users might not want to pay even $1 because using centralized payment systems usually involves disclosing personal information. Bot farms won't care and will just buy up old accounts from non-paywalled users for pennies on the dollar. This will deteriorate the quality of the site even more which will drive out more users, which will drive out advertisers, which will lead to more rent seeking from Musk. He is creating problems for the purpose of selling the solution.

[Mahanton]

Well now Elon Musk is going to fight bots with the 'Not a Bot' program he is starting. It will begin in countries of New Zealand and the Philippines for price of $1 each year.

New accounts will be allowed to tweet, reply, quote, repost, like, bookmark, and create lists. I think this is a good start to fight off the bots.

https://www.engadget.com/x-is-starting-to-charge-new-users-1-per-year-to-send-tweets-000925191.html

Maybe you'll get rid of a few bots but you will also drive away legitimate users by putting up a paywall to use Twitter. Real users might not want to pay even $1 because using centralized payment systems usually involves disclosing personal information. Bot farms won't care and will just buy up old accounts from non-paywalled users for pennies on the dollar. This will deteriorate the quality of the site even more which will drive out more users, which will drive out advertisers, which will lead to more rent seeking from Musk. He is creating problems for the purpose of selling the solution.

Well you do have the point but in relation to the problem, then whats your solution to this? Fighting bots which it is really indeed a common problem.Come to think that these people are billionaires
and its impossible that they havent been able to think up clearly on what would be the solution for this yet no matter how strong your security is but having those bypasses could really be still that possible
and this isnt something that solely that Twitter/X is suffering into but also in other industries as well on which solution cant really be that perfected. This is why he do came up on having the idea on
imposing that $1 fee or sub amount or whatever called it is. You do have the point on telling that people would really be just simply buying up those accounts considering that it is cheap.
Dont know if this one would really be that a final amount or price or there's still chance that it would be changed up.

People do really love just that focusing about its cons without even trying out to see its pros and benefits or for the sake of safety. People do really love on discriminating and keeps on telling that this is for the sole
purpose of making money which i could say its really just that normal. He's running a platform at the same time running a business that he had bought for multi millions on which it would really be just that
right that he would really be trying out to get some amount or profit with those kind of actions which its none of our business imho.

[flyingcarpet]

Well now Elon Musk is going to fight bots with the 'Not a Bot' program he is starting. It will begin in countries of New Zealand and the Philippines for price of $1 each year.

New accounts will be allowed to tweet, reply, quote, repost, like, bookmark, and create lists. I think this is a good start to fight off the bots.

https://www.engadget.com/x-is-starting-to-charge-new-users-1-per-year-to-send-tweets-000925191.html

Maybe you'll get rid of a few bots but you will also drive away legitimate users by putting up a paywall to use Twitter. Real users might not want to pay even $1 because using centralized payment systems usually involves disclosing personal information. Bot farms won't care and will just buy up old accounts from non-paywalled users for pennies on the dollar. This will deteriorate the quality of the site even more which will drive out more users, which will drive out advertisers, which will lead to more rent seeking from Musk. He is creating problems for the purpose of selling the solution.

Since no solution has been found for bots, a normal user has to pay for the changes made. I don't think this is the right behavior. I don't care about the problems caused by the existence of bots. I am an ordinary user.

Offering a very popular application for a fee may cause the loss of many users. There are always alternatives, I think Elon should remember that.

[mich]

Well now Elon Musk is consdiering to take Twitter out of the EU because of the investigation in compliance. It has to do with the new rules created in August called the Digital Services Act (DSA).

I think Elon Musk just is upset with EU watching his moves. I do not really think he will remove it from EU. https://www.reuters.com/technology/musk-considers-removing-x-platform-europe-over-eu-law-insider-2023-10-18/

[bakasabo]

So basically it will cost a dollar to create a fully working twitter account. Auto registration and account seller will be the next to get rich. On one hand, $1 a year isnt much, specially when we pay monthly 9.99 for Netflix, 13,99 for YouTube premium, 14,99 for Amazon prime and 7,99 for Spotify. On the other hand, those who did not want to pay a dollar can always do what most of bots do - follow and read.

YouTube premium, Amazon prime and Spotify are services for which it is difficult to find a worthy replacement, and as for social networks, it seems to me that the situation here is different, you are right that a dollar is a small fee, but if this is a new user and he has not yet understands the benefits of Twitter for himself, then perhaps he will not want to pay anything but will go and register where it will be free for him.

Actually all of the mentioned services can be used for free. Same seems to be with Twitter. $1 fee per year will be charged if you want to post anything yourself. Reading others tweets is free. New user can  spend time reading others, get more familiar with platform and only then make a payment. Seems fair. We all also started using YouTube, Spotify and etc without premium subscription. And nowadays, when everything is much expensive than 5 years ago, $1 is nothing. I think everyone can easily find dollar worth coins on the street during year, or earn that. 

[o48o]

Well now Elon Musk is consdiering to take Twitter out of the EU because of the investigation in compliance. It has to do with the new rules created in August called the Digital Services Act (DSA).

I think Elon Musk just is upset with EU watching his moves. I do not really think he will remove it from EU. https://www.reuters.com/technology/musk-considers-removing-x-platform-europe-over-eu-law-insider-2023-10-18/

As an EU citizen, this doesn't surprise me at all. Elon is in trouble even in US at the moment. Fighting EU regulators would be too much for him to handle so he is backing down, just like with the fight against Mark.

Luckily i just managed to sell my twitter account, today, before it all comes crumbling down. I almost deleted it for free, but waited as i knew my account was worth money. Least now i got something from it and don't have to be part of that mess anymore, ever. It's like a huge elon sized weight lifted off my shoulders. I am free again. Moving to other social medias. Maybe i'll become fulltime redditor as anyhing is better than twitter.

[BitHeir]

Well now Elon Musk is consdiering to take Twitter out of the EU because of the investigation in compliance. It has to do with the new rules created in August called the Digital Services Act (DSA).

I think Elon Musk just is upset with EU watching his moves. I do not really think he will remove it from EU. https://www.reuters.com/technology/musk-considers-removing-x-platform-europe-over-eu-law-insider-2023-10-18/

Elon Musk bought Twitter, changed it to X in name and made many big changes in the company to serve his vision. At the same time, he must keep that social media platform is profitable by keeping advertisers and corporations on the platform.

It will be challenged by many laws, regulations in Europe and other nations and if Elon Musk continues to direct X to be a social media platform for freedom of opinion, the platform will get more legal issues.

I still think that he will not change if X continues to improve in next like 6 months or 1 year but recent news from Europe is not actually good and expected by Elon Musk.

[mich]

Well this is a article from the Guardian. ‘Let that sink in!’ The 13 tweets that tell the story of Elon Musk’s turbulent first year at Twitter (or X).

It does a good job for explaining how Elon Musk has changed Twitter since he bought it for $44 Billion. https://www.theguardian.com/technology/2023/oct/21/let-that-sink-in-the-13-tweets-that-tell-the-story-of-elon-musks-turbulent-first-year-at-twitter-or-x

[mich]

Well Elon Musk has said he wants to make Twitter a full scale finance platorm in a year. But now he is saying he wants to make Twitter a Dating app also.

He said this on a video call this week to his employees. https://www.nydailynews.com/2023/10/27/x-twitter-becoming-dating-app/

[mich]

Well Elon Musk has lost so much money just from when he did buy Twitter last year for $44 Billion. He said to employees yesterday it is now worth only $19 Billion, so it is down 55 percent.

https://www.theverge.com/2023/10/30/23938969/x-twitter-valuation-19-billion-employee-shares

[mich]

What I want to know is if you will pay $16 each month for your Twitter. Because Elon Musk has the plans for a ad-free 'Premium+' tier and a $3 'basic' tier.
I do not feel so many will want to pay for Twitter prices like this. When you can have it for free, with ads. https://www.engadget.com/x-introduces-an-ad-free-premium-tier-for-16-a-month-191523132.html