justdimin
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July 17, 2023, 09:48:30 AM |
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Zuckerberg has accumulated his wealth through technology advancements, and I believe his experience in this field will prove valuable, even though not all of his technology projects have been successful. On the other hand, Elon Musk's perceived arrogance and disregard for the customer base have led many to contemplate alternative platforms if they exist for Twitter
Twitter as a platform was losing users even before Elon, however once Elon took over Twitter they have lost way more users, however while this may sound like a bad thing, and in a way it is, stockholders at the end only care about the profitability of the company and not about the number of active users. And in that regard I am not so sure if Elon is doing so badly as he has reduced the expenses of the company as many people got fired as well, so it is possible his administration has not been as bad as we think it has been. I think it's normal for a platform to lose its users but they can also gain users. Twitter was the second biggest social media site next to FB (if I'm correct) so their users are also high. Stockholders should care about the users or its numbers because this is what makes a company successful. They are the ones who avail a product inside the platform. Maybe it's only one of the strategy of Elon to reduce his employees to maximize his income? And I can see that he add some features which can make him earn more money. Another reason for the employees being laid off is because of its new management and he might be planning to replace those employees with a new one.
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Wildwest
Sr. Member
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Activity: 1569
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Vave.com - Crypto Casino
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July 17, 2023, 12:59:06 PM |
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If Elon Musk launches a clone of Twitter then I am not sure users can increase so quickly, because since buying Twitter shares there are many complaints that we hear, so it is very difficult to follow Mark Zuckerberg who is currently designing a new application that will continue to compete in the world of social media, especially Mark Zuckerberg does have his own expertise in designing each application and it has been proven on Meta which is currently experiencing an increase in users.
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ololajulo
Sr. Member
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Activity: 2240
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SOL.BIOKRIPT.COM
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July 17, 2023, 08:16:23 PM |
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Zuckerberg has accumulated his wealth through technology advancements, and I believe his experience in this field will prove valuable, even though not all of his technology projects have been successful. On the other hand, Elon Musk's perceived arrogance and disregard for the customer base have led many to contemplate alternative platforms if they exist for Twitter
Twitter as a platform was losing users even before Elon, however once Elon took over Twitter they have lost way more users, however while this may sound like a bad thing, and in a way it is, stockholders at the end only care about the profitability of the company and not about the number of active users. And in that regard I am not so sure if Elon is doing so badly as he has reduced the expenses of the company as many people got fired as well, so it is possible his administration has not been as bad as we think it has been. hope that the report detailing Twitter's revenue for the year will be publicly released at the end of the year. This will allow us to assess its success in generating revenue. Personally, I am not in favor of purchasing at such a high price without a significant return. It seems that Elon Musk is unaware of how the app operates and fails to acknowledge the users' high level of interest
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dothebeats
Legendary
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July 19, 2023, 06:49:14 AM |
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Twitter, as much as many artists and well-known individuals are using it, is already a slowly dying platform. Most businesses and artists are using Instagram more to reach out and connect with their target audience. The appearance of Threads most likely did not trigger any threat against Twitter but it surely emphasize just how bad the platform is getting.
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wxa7115
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July 22, 2023, 04:08:39 AM |
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Twitter, as much as many artists and well-known individuals are using it, is already a slowly dying platform. Most businesses and artists are using Instagram more to reach out and connect with their target audience. The appearance of Threads most likely did not trigger any threat against Twitter but it surely emphasize just how bad the platform is getting.
And this happens all the time, I still remember when myspace first came out and people thought it was the best thing on the world, and while it was able to gain many users quickly eventually cleaner and better platforms like Twitter and Facebook appeared and now no one uses myspace anymore. So as much as some people may have some attachment to Twitter, it seems it is on its way to been replaced and unless Elon can reverse that trend then it is likely Elon will lose a lot of money once he tries to sell Twitter on the future.
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dothebeats
Legendary
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Activity: 3794
Merit: 1355
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July 22, 2023, 05:20:55 AM |
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It's easy to gain new users for this Threads app, since Meta owns Facebook, Instagram and Whatsapp. It's pretty clear at this point that Threads was built to be Twitter's competitor and maybe it will attract all the advertisers, who left Twitter. I hear news about Zuckerberg hiring people, who were fired at Twitter by Elon Musk(and Musk isn't happy at all). Meta stocks are getting a short term price pump, because the investors have positive expectations about Threads. The idea of Elon Musk building a Twitter clone app is the stupidest thing I've ever heard. The only right move for Musk would be to leave/sell Twitter.
This is true, Threads is obviously the main competitor of Twitter right now. Additionally, with all the recent changes that Musk added to Twitter, users are getting more and more reasons to leave the platform. At this point, the already dying Twitter will soon be below Threads once celebrities and influencers transition to Threads.
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FinneysTrueVision
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July 22, 2023, 05:50:54 AM |
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Elon is running Twitter into the ground. He is not capable of properly managing a social media platform. People who are politically aligned with Musk benefit from getting higher visibility on their tweets. Also a ton of spam, scam and troll accounts are getting boosted merely by purchasing a blue checkmark. People don't want to join a site that is biased and elevating junk content. Musk chased away advertisers and admitted that Twitter is losing money. I don't really see how they will be able to make their product more valuable.
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dothebeats
Legendary
Offline
Activity: 3794
Merit: 1355
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July 23, 2023, 03:18:42 AM |
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Elon is running Twitter into the ground. He is not capable of properly managing a social media platform. People who are politically aligned with Musk benefit from getting higher visibility on their tweets. Also a ton of spam, scam and troll accounts are getting boosted merely by purchasing a blue checkmark. People don't want to join a site that is biased and elevating junk content. Musk chased away advertisers and admitted that Twitter is losing money. I don't really see how they will be able to make their product more valuable.
Exactly. The way Twitter is now, it wouldn't be long before it dies. Even today most celebrities, public figures and businesses are using Instagram to connect to their target audience. Twitter, which used to be a big thing for fandoms and communities, has truly lost its appeal, specially when Musk decided to make such obnoxious changes that only benefited him and not the users.
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fuguebtc
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July 23, 2023, 03:54:15 AM |
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Elon is running Twitter into the ground. He is not capable of properly managing a social media platform. People who are politically aligned with Musk benefit from getting higher visibility on their tweets. Also a ton of spam, scam and troll accounts are getting boosted merely by purchasing a blue checkmark. People don't want to join a site that is biased and elevating junk content. Musk chased away advertisers and admitted that Twitter is losing money. I don't really see how they will be able to make their product more valuable.
Exactly. The way Twitter is now, it wouldn't be long before it dies. Even today most celebrities, public figures and businesses are using Instagram to connect to their target audience. Twitter, which used to be a big thing for fandoms and communities, has truly lost its appeal, specially when Musk decided to make such obnoxious changes that only benefited him and not the users. I also disagree with Elon's new changes to Twitter, what he is doing is for his own pocket rather than creating fairness for Twitter users and developers. But just with the Threads app created by Mark, and believes it's possible to beat Elon is impossible. Have you used Threads? It's really so bad that it looks like an Instagram clone and doesn't have any improvements. It creates temporary hype, but at the end of the day, people turn to Twitter again. Therefore, predicting this social network will soon die is incorrect, I disagree.
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Jating
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July 23, 2023, 09:10:46 PM |
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Elon is running Twitter into the ground. He is not capable of properly managing a social media platform. People who are politically aligned with Musk benefit from getting higher visibility on their tweets. Also a ton of spam, scam and troll accounts are getting boosted merely by purchasing a blue checkmark. People don't want to join a site that is biased and elevating junk content. Musk chased away advertisers and admitted that Twitter is losing money. I don't really see how they will be able to make their product more valuable.
Exactly. The way Twitter is now, it wouldn't be long before it dies. Even today most celebrities, public figures and businesses are using Instagram to connect to their target audience. Twitter, which used to be a big thing for fandoms and communities, has truly lost its appeal, specially when Musk decided to make such obnoxious changes that only benefited him and not the users. Well when he acquire it, we all know that there will be changes for sure. Because if there are none, then we might think that it is still with the previous owners. So Musk make his presence felt with a lot of changes and most of it, we didn't like. But Twitter remains one of the biggest social media platform and that's why Mark Z is trying to compete with it and take a big chunk on the pie. I will admit that I downloaded Threads, but I haven't used it like I used Twitter.
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molsewid
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July 23, 2023, 09:27:02 PM |
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Well when he acquire it, we all know that there will be changes for sure. Because if there are none, then we might think that it is still with the previous owners. So Musk make his presence felt with a lot of changes and most of it, we didn't like.
But Twitter remains one of the biggest social media platform and that's why Mark Z is trying to compete with it and take a big chunk on the pie. I will admit that I downloaded Threads, but I haven't used it like I used Twitter.
I agree, we all know that Twitter reqllh helpful in crypto industry. And up until now we can use that to shill our projects and to reach more people. Having a competitor doesn't mean the stock price will move, it is good that twitter has a rival, why? it can be improve and we will be heard most of the time we can make sure the continues improvement of it because of its rival.
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JeffBrad12
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July 23, 2023, 11:35:48 PM |
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Honestly i just don't think twitter would ever regain its former glory, though the past of twitter are fully infested with spams, current state of twitter is no different either, its just even worse. considering the fact that everything is all based on subscription in twitter, I don't think it will hold for long. many would definitely think that subscription for twitter would be waste of money since there are other social media thats recently gaining fame one of them would be thread. though i think twitter will still have so much users but it will decline, regardless though thats just my speculation the real circumstance of twitter will be shown when they publish the statistics of their company.
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Flexystar
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July 24, 2023, 01:30:23 PM |
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We already know that there is some bad blood between Meta and Twitter. Or Mark Zuckerberg and Elon Musk. Given this, I would like for us to discuss this, if Elon Musk decides to launch a clone of Twitter app, do you think it would achieve the same level of success in terms of user base and Stocks considering Elon's controversial history with Twitter?
Perhaps it would have been a successful step if Elon Musk had taken it before making the decision to complete the Twitter purchase. I mean that he launches his own platform, so he does not need to buy Twitter, which I expect to be successful due to Musk's popularity. But he chose to invest in a bankrupt platform without taking into account the strong competition with other platforms such as Meta. On the other hand, I do not expect that the new "thread" application will make a major change in the social media market. All that matters is that Meta expands its profits and wants to benefit more from its users. That could have been possibility. Since Elons most of the self made projects are way better and has extra ordinary values over the time. I mean it would have been fun if he launched some company based on this idea then investors would have rushed to buy the whole stock thing at pre launch itself. It’s the name that would speak in this case. As you mentioned he done decision that could have waited and gave him idea to build something from the scratch. In Twitters case, things went horribly wrong since firing the employees, changing many workflows, making blue badges available publicly and much more made it worse.
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Ahli38
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July 24, 2023, 02:02:59 PM |
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Honestly i just don't think twitter would ever regain its former glory, though the past of twitter are fully infested with spams, current state of twitter is no different either, its just even worse. considering the fact that everything is all based on subscription in twitter, I don't think it will hold for long. many would definitely think that subscription for twitter would be waste of money since there are other social media thats recently gaining fame one of them would be thread. though i think twitter will still have so much users but it will decline, regardless though thats just my speculation the real circumstance of twitter will be shown when they publish the statistics of their company.
In fact, from several news media, I found that according to Elon's statement, Twitter's revenue from advertisements had indeed decreased. In fact, the decline had reached almost half. And I think this is indeed a serious problem for Twitter. So yesterday Elon planned to replace the Twitter Logo as one of his efforts to direct Twitter to a new path through rebranding. And now the twitter logo has changed to an X. ( Sourch) I don't know what Elon will do with Twitter in the future. But he definitely had a plan that he had been preparing for a long time. I don't think someone like Elon would do anything without proper planning. He is a reliable businessman and inventor. So he must be doing something we don't know about. But if it's about excellence in social media platforms. So I don't think Elon is proficient in this field.
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coupable
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July 25, 2023, 09:47:33 PM |
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We already know that there is some bad blood between Meta and Twitter. Or Mark Zuckerberg and Elon Musk. Given this, I would like for us to discuss this, if Elon Musk decides to launch a clone of Twitter app, do you think it would achieve the same level of success in terms of user base and Stocks considering Elon's controversial history with Twitter?
Perhaps it would have been a successful step if Elon Musk had taken it before making the decision to complete the Twitter purchase. I mean that he launches his own platform, so he does not need to buy Twitter, which I expect to be successful due to Musk's popularity. But he chose to invest in a bankrupt platform without taking into account the strong competition with other platforms such as Meta. On the other hand, I do not expect that the new "thread" application will make a major change in the social media market. All that matters is that Meta expands its profits and wants to benefit more from its users. That could have been possibility. Since Elons most of the self made projects are way better and has extra ordinary values over the time. I mean it would have been fun if he launched some company based on this idea then investors would have rushed to buy the whole stock thing at pre launch itself. It’s the name that would speak in this case. As you mentioned he done decision that could have waited and gave him idea to build something from the scratch. In Twitters case, things went horribly wrong since firing the employees, changing many workflows, making blue badges available publicly and much more made it worse. In a continuation of the strange decisions, we find him now changing the logo of the platform, which it was famous for as a distinctive slogan for years. No one is able to comprehend this step or to understand how it can contribute to the development of the platform, whose current priorities are to provide more revenues to at least cover the cost of the transaction.
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Captain Corporate
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July 25, 2023, 10:56:05 PM |
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With how things are going with "X" thingy, there is this "gave up" mindset I am seeing more and more about twitter lately. People disliked what Elon was doing, and the peak of that was that 600-800-1000 tweets per day that kept on going up with more hate, but that was the peak point where everyone hated Elon for what he did to twitter. But people are just giving up lately, not like they started to like it or anything, but they are like "he did what again? oh christ" and just move on. Thats why I think he is capable of doing more and more these days and it will still not hurt that much, it will just be whatever it is. I am not expecting it to get any better though, that doesn't seem to have a chance.
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FinneysTrueVision
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July 26, 2023, 06:05:42 AM |
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With how things are going with "X" thingy, there is this "gave up" mindset I am seeing more and more about twitter lately. People disliked what Elon was doing, and the peak of that was that 600-800-1000 tweets per day that kept on going up with more hate, but that was the peak point where everyone hated Elon for what he did to twitter. But people are just giving up lately, not like they started to like it or anything, but they are like "he did what again? oh christ" and just move on. Thats why I think he is capable of doing more and more these days and it will still not hurt that much, it will just be whatever it is. I am not expecting it to get any better though, that doesn't seem to have a chance.
The "X" rebranding is one of the dumbest things I have seen from a company. The brand name is part of the network effect that has made Twitter into one of the largest social media platforms. He is trying to turn it into an app that does more than just social media but if the core part of what attracted people in the first place is being run so poorly how can we really expect X to have success building on top of the current foundation. Twitter is already losing a lot of money and they will lose more by adding new features nobody really asked for.
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CryptoBuds
Legendary
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HODL
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July 26, 2023, 07:57:50 AM |
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With how things are going with "X" thingy, there is this "gave up" mindset I am seeing more and more about twitter lately. People disliked what Elon was doing, and the peak of that was that 600-800-1000 tweets per day that kept on going up with more hate, but that was the peak point where everyone hated Elon for what he did to twitter. But people are just giving up lately, not like they started to like it or anything, but they are like "he did what again? oh christ" and just move on. Thats why I think he is capable of doing more and more these days and it will still not hurt that much, it will just be whatever it is. I am not expecting it to get any better though, that doesn't seem to have a chance.
The "X" rebranding is one of the dumbest things I have seen from a company. The brand name is part of the network effect that has made Twitter into one of the largest social media platforms. He is trying to turn it into an app that does more than just social media but if the core part of what attracted people in the first place is being run so poorly how can we really expect X to have success building on top of the current foundation. Twitter is already losing a lot of money and they will lose more by adding new features nobody really asked for. It's silly to you but it's one of Elon's favorite things, and the core of the social network twitter comes from its foundation, the services it provides to users, not the name, the name does not say anything about the quality of your product. I don't mind about him rebranding, what I care about is that he is adding new features that users don't really like, as you said. But it's his company, and he has his own strategy. Although many people dislike him for the monstrous things he does, there is no denying that he is still the wealthiest and most talented man in the world.
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mvdheuvel1983
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July 26, 2023, 03:16:32 PM |
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I am not saying this on any authority but I would say that Twitter is heading to "extinction". With all that is happening I'd have to question any investor who either still have confidence in Twitter stocks or who is yet to sell of their stock. And this is all the fault of Elon Musk who is running Twitter like a dictator or solopreneur. I am utterly disappointed. The reason why people are still on the app is because they are thinking about how they'll get their followers if they move to another app. I predict that in the next 5 years, Twitter will either close down or be sold of to another company.
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coupable
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July 26, 2023, 04:48:22 PM |
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I am not saying this on any authority but I would say that Twitter is heading to "extinction". With all that is happening I'd have to question any investor who either still have confidence in Twitter stocks or who is yet to sell of their stock. And this is all the fault of Elon Musk who is running Twitter like a dictator or solopreneur. I am utterly disappointed. The reason why people are still on the app is because they are thinking about how they'll get their followers if they move to another app. I predict that in the next 5 years, Twitter will either close down or be sold of to another company.
5 years is a very long time for a platform in Twitter mode. I don't think it will hold up that long. The platform has been achieving annual losses since 2011 and has only achieved revenues for two consecutive years during the Corona period (quarantine), then its revenues declined further during the first half of the current year 2023 by 50 percent, despite the fact that Elon Musk’s decisions were to lay off half of the employees and impose fees on Authentication marks. These measures led to the opposite results than what was expected, and the most important thing that happened was the decline in the number of users of the platform, including well-known companies. What can be expected from a platform that loses and still needs financial support?
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