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84% Of US Adults Don't Use Twitter, Only 4% Of Americans Over 30 Get Their News From Twitter, Pew Study Finds

Tyler Durden's picture


When it comes to Twitter, there seems to be a discrepancy in the publicly available user data. Recall that according to the company's S-1 filing, Twitter's US monthly user base has risen from 10 million in 2010 to just shy of 50 million.

And yet, according to a just released Pew Research poll, a whopping 84% of the US adults were not Twitter users, and perhaps more importantly, of the 16% of adult users, half admitted to using Twitter for news.

Narrowing this down even further, close to half, or 45%, of Twitter news consumers were under 30, which implies that roughly 4% of American adults use Twitter as something more than just a place to vent occasionally, and actually have a productive use for the service.

In attempting to reconcile the two vastly differing sets of numbers, one from the company and one from Pew, one wonders: is Twitter merely the latest platform for "socializing" teens who unfortunately for Twitter's advertisers (who between Google, Facebook, Pinterest, Yahoo and so on, seem to have infinite advertising budgets) don't have access to a credit card? And what happens when, just like FaceBook, Twitter's coolness factor disappears and only the hardcore, and quite paltry, news users remain?

Indeed, Pew confirms that Twitter is largely focused on younger, more educated Americans, even compared to FaceBook:

Twitter news consumers stand out for being younger and more educated than both the population overall and Facebook news consumers


Close to half, 45%, of Twitter news consumers are 18-29 years old. That is more than twice that of the population overall (21%) and also outpaces young adults’ representation among Facebook news consumers, where 34% are 18-29 years old. Further, just 2% of Twitter news consumers are 65 or older, compared with 18% of the total population and 7% of Facebook news consumers..

The fact that Twitter users, by virtue of being less, are more educated than FaceBook users, should not come as a surprise:

Twitter news consumers also tend to be more educated than the general population and than Facebook news consumers. Four-in-ten (40%) Twitter news consumers have at least a bachelor’s degree, compared with 29% of the total population and 30% of Facebook news consumers.Close to half, 45%, of Twitter news consumers are 18-29 years old. That is more than twice that of the population overall (21%) and also outpaces young adults’ representation among Facebook news consumers, where 34% are 18-29 years old. Further, just 2% of Twitter news consumers are 65 or older, compared with 18% of the total population and 7% of Facebook news consumers.

More from Pew:

Nearly one-in-ten U.S. adults (8%) get news through Twitter, according to a new report by the Pew Research Center, in collaboration with the John S. and James L. Knight Foundation. Compared with the 30% of Americans who get news on Facebook, Twitter news consumers stand out as younger, more mobile and more educated.


In addition, a separate Pew Research analysis of conversations on Twitter around major news events reveals three common characteristics: much of what gets posted centers on passing along breaking news; sentiments shift considerably over time; and however passionate, the conversations do not necessarily track with public opinion.


This two-part report is based first on a survey of more than 5,000 U.S. adults (including 736 Twitter users and 3,268 Facebook users) and, second, on an analysis of Twitter conversations surrounding major news events which spanned nearly three years. Twitter posts were analyzed for the information shared, sentiments expressed and ebb and flow of interest.


According to the survey, 16% of U.S. adults use Twitter. Among those, roughly half (52%) “ever” get news there — with news defined as “information about events and issues that involve more than just your friends or family.”

So just how does Twitter serve as a source of information distribution:

Separately, Pew Research Center tracked and analyzed the Twitter conversations surrounding 10 major news events that occurred between May 2011 and October 2013. The events ranged from the opening night of the summer Olympics to the Newtown Conn. school shootings to the Supreme Court hearings on same-sex marriage. Using computer software developed by Crimson Hexagon, researchers examined which elements of the news events were discussed, the tone of the tweets and the ebb and flow of Twitter engagement. From that research, three central themes emerge:


A core function of Twitter is passing along pieces of information as the story develops. Even with the outpouring of emotion after the July 13, 2013, acquittal of George Zimmerman in the death of teenager Trayvon Martin, the largest component of the Twitter conversation (39% of all expressed sentiments in tweets about the event) shared news of that verdict without offering an opinion. Straight news accounts also led the Twitter conversations about the Oct. 1 rollout of the Affordable Care Act (42%) and the concurrent federal government shutdown (35%) — two events that stirred political passions.


The Twitter conversation about big news events can shift and evolve, both in terms of sentiment and topic. In the two weeks after the March 2013 Supreme Court hearings on same-sex marriage, Twitter sentiment was far more opposed to the idea of legalizing same-sex marriage (55%) than in favor (32%). Yet in the month after that, support for same-sex marriage (43%) easily trumped opposition (26%). A study of the aftermath of the Newtown shooting reveals how quickly the focus of the Twitter conversation can change. On Dec. 14, 2012, expressions of sympathy for the victims made up nearly one-third of the conversation; by Dec. 17, it was down to 13%. In the same period, attention to President Obama, the shooter and mental health issues more than doubled — from 11% to 24% of the conversation.


Although sentiment on Twitter can sometimes match that of the general population, it is not a reliable proxy for public opinion. During the 2012 presidential race, Republican candidate Ron Paul easily won the Twitter primary — 55% of the conversation about him was positive, with only 15% negative. Voters rendered a very different verdict. After the Newtown tragedy, 64% of the Twitter conversation supported stricter gun controls, while 21% opposed them. A Pew Research Center survey in the same period produced a far more mixed verdict, with 49% saying it is more important to control gun ownership and 42% saying it is more important to protect gun rights.

So what is the take home? Is the spin here that there is a vast, untapped audience Twitter can reach and expand to? Perhaps, however, it appears that intelligence is a gating factor on just who uses the 140 character-limited service. If so, considering the distribution curve of US IQ, Twitter's best expansion days may be behind it, with only the lowest common denominator left: the tag ends of FaceBook users who migrate to the "cooler" social platform, with zero ad spending intent or capacity.

Or perhaps there is an optimistic case, and more Americans will ditch existing news outlets, and move aggressively to Twitter. One can hope. However, what is certainly unknown is just how the company's aggressive push into monetization impacts those who provide free content on Twitter, and whether in an attempt to monetize this "free content", Twitter will follow legacy media and start imposing paywalls and gates. If so, then just like Facebook, Twitter will merely be a brief stepping stone on the path to the next bigger, better and cooler social media platform which works great.... until it too has to start monetizing itself. Because if there is one thing that has become clear, is that in a world in which information always find a way to be exchanged instantly, and freely, anyone attempting to monetize such infromation flow always has an uphill climb.


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Tue, 11/12/2013 - 10:42 | 4145766 Ignatius
Ignatius's picture

Luddites unite. 

Real men don't 'tweet'.

Tue, 11/12/2013 - 10:51 | 4145803 Mark Carney
Mark Carney's picture

They never asked me, so make that 85%

Tue, 11/12/2013 - 11:02 | 4145835 hedgeless_horseman
hedgeless_horseman's picture




Tue, 11/12/2013 - 11:18 | 4145912 Manthong
Manthong's picture

..aint never done no tweets or twats..

dus that mean I am out of the loop?

Tue, 11/12/2013 - 11:36 | 4145972 VD
VD's picture

the above further proves idiocy of 'Merkinz; Facebook inferior to Twitter and that's putting it kindly (FB = idiocy).

There's a reason why Tylerz are Tweeting 24/7: Twitter is extremely useful.

Tue, 11/12/2013 - 11:37 | 4145979 Richard Chesler
Richard Chesler's picture

What's a Twitter?

Tue, 11/12/2013 - 11:40 | 4145989 VD
VD's picture

ask your momma ;)

Tue, 11/12/2013 - 12:35 | 4146214 Stackers
Stackers's picture

I still have 10,000 shares of Pet Rock.

It's coming back any day now .......

Tue, 11/12/2013 - 12:57 | 4146307 thisandthat
thisandthat's picture

Look on the bright side: TWTR has the growth potential to be the new BTC. Bullish!

Tue, 11/12/2013 - 11:39 | 4145988 VD
VD's picture

Twitter allows for customized rapid haiku-like flow of info.

Facebook is look at me I'm (____); look at me I baked a fucking cake and i'm (___).Many ZH'erz can clearly relate more to Facebook, even as they bash it.


Tue, 11/12/2013 - 11:46 | 4146018 LFMayor
LFMayor's picture

Yeah, you're cool becasue you tweet.

The negative comments posted about this article made your little pee pee sting, didn't it?

Tue, 11/12/2013 - 11:47 | 4146024 VD
VD's picture

i'm smart(er) bc i tweet. and i'm totally chill re: dumb neg comments: i'm used to last year or so IQ drop on da 'Hedge.

Tue, 11/12/2013 - 11:58 | 4146066 LFMayor
LFMayor's picture

you know, way back in '81, I'm sure there was a pot head someplace who said the same thing about his high score on Space Invaders. 

Tue, 11/12/2013 - 12:02 | 4146081 VD
VD's picture

that same now burn out that still doesn't get it today? thx for confirming LFM.

Tue, 11/12/2013 - 13:17 | 4146380 ElvisDog
ElvisDog's picture

Let me guess, VD, you are a twitter investor? "flow of info", eh? Twitter is way of posting nude pictures of your ex-girlfriend and for telling people you don't know that they're idiots. It's also so people can feel important because celebrities appear to be sending them messages.

Tue, 11/12/2013 - 13:11 | 4146365 ElvisDog
ElvisDog's picture

My take is that anyone who has a full time job and family responsibilities doesn't have time for twitter. It really is a platform for idle people who want to waste time. Whatever time I have to waste, I choose to waste on other things (like ZH).

Tue, 11/12/2013 - 14:07 | 4146543 Lost My Shorts
Lost My Shorts's picture

Wasting time is only half the essence of twitter.  The other half is that eventually you will tweet something obnoxious and stupid and lose your job, friends, college admission, or have it used in court against you etc.

The closest pre-net analogy might be juggling unexploded ordnance.  Waste of time waste of time waste of BOOM.

Tue, 11/12/2013 - 11:34 | 4145969 Stoploss
Stoploss's picture

The first one to put free texting on a ten dollar shitbox device, ends every one of these farces in about fifteen seconds.

The kids are searching for free shit because they are broke, and have no job, or hope of ever having one.

Fortunately, the Central Planners have this well under control. LOL.

TWTR = (another) FAD.

Tue, 11/12/2013 - 11:48 | 4146033 Headbanger
Headbanger's picture

Bingo!   It's another CB radio fad ..   Breaker breaker one-nine!  Don't feed the bears takin yo picture on exit 10 and watch yo back door for more, copy!?

Tue, 11/12/2013 - 12:56 | 4146301 smlbizman
smlbizman's picture

i still do the twist in my platform shoes and bell bottoms....

Tue, 11/12/2013 - 13:25 | 4146421 Headbanger
Headbanger's picture

Dig it!

Tue, 11/12/2013 - 12:42 | 4146239 Renewable Life
Renewable Life's picture

The above comments nailed it, HOWEVER Twitters entire valuation is based on one idiotic idea, Twitter will replace Neilson ratings (and the box) for TV and Cable, and create a NEW advertsing reality online!

ONE PROBLEM....the reason Neilson Ratings worked for decades on a very small sampling core, was IT WAS A BOX, that connected to your tv set and people forgot about it! Twitter is dependent on humans doing something over and over forever!!!

If you made money on twitter, congrats, sell it, the best days are over, both in terms of share price and the technology itself!

I'm off to SBSW to look for that "$10 shitbox device that does free text"!

Tue, 11/12/2013 - 13:07 | 4146352 thisandthat
thisandthat's picture

Isn't that called SMS?

Tue, 11/12/2013 - 11:47 | 4146022 Silver Bully
Silver Bully's picture



MySpace is calling from 2003, they'd like their mojo back.

Tue, 11/12/2013 - 11:26 | 4145947 azzhatter
azzhatter's picture

I don't twitter, I don't Facebook, I rarely email and I don't have a smartphone. I have this silly little habit of actually talking to people. And I don't give a fuck about kardashian's fat ass, Bieber, or the rest of the social fucks. I do read a lot and I buy actual books, not a fucking Kindle. I am a luddite I suppose and will continue to be so. I did have a very nice stack of shiny metal prior to that unfortunate maritime incident

Fuck You Bernanke

Tue, 11/12/2013 - 12:08 | 4146108 VD
VD's picture

well at least you comment daily here LOL!

Tue, 11/12/2013 - 12:04 | 4146088 VD
VD's picture

Ignatius: tell that to Tylerz in da basement when shirts are off:

Tue, 11/12/2013 - 12:26 | 4146175 Ignatius
Ignatius's picture

"I'd fight Tyler Durden."

Tue, 11/12/2013 - 12:32 | 4146205 VD
VD's picture

good man.

Tue, 11/12/2013 - 10:43 | 4145773 codecode
codecode's picture

I created a Twit account couple years ago to see what it was all about... have not used it since...

Tue, 11/12/2013 - 10:55 | 4145824 divedivedive
divedivedive's picture

As did I. I just logged into my account and there doesn't seem to be a 'delete account' function, only 'deactivate account'. I tried that - it prompts for a password and then just loops right back to - deactivate account. Guess they will never lose their customer base that way...

Tue, 11/12/2013 - 12:17 | 4146140 ATM
ATM's picture

I couldn't delete either. Never used it other than to follow a few people who do tweet but I ended up stopping because it's so fucking annoying.

What I will say is that younger kids are dumping Facebook and doing Twitter + Instagram. I have kids from age 29 down to 17. 17 yr old and all her friends don't facebook any longer. I think it's over. As will twitter be in a few years as the next wave of kids latches on to something else.


Twitter = Prodigy

Facebook = AOL

Tue, 11/12/2013 - 14:43 | 4146715 Father Lucifer
Father Lucifer's picture

I tried to create an account once but the username I wanted wasn't available so I said fuck it don't need it and that was the right answer.


Burn in hell Bernake.

Tue, 11/12/2013 - 10:58 | 4145831 buzzsaw99
buzzsaw99's picture


Tue, 11/12/2013 - 11:00 | 4145843 toady
toady's picture

Exactamundo. All these tech IPOs are based on nothing. Advertising to a crowd of people with zero attention spans? Yeah, that's worthwhile. I cannot count the number if times I've heard or said 'I made an account, but I never use it' regarding the latest & greatest social network.

When is the ZH IPO?

Tue, 11/12/2013 - 12:37 | 4146221 InflammatoryResponse
InflammatoryResponse's picture



Toady you missed the point.  the AWESOME part is the IPO is based on nothing.  you had that right in spades.  they are advertising to people with ZERO attention spans and ZERO income.  (that was the part you missed :)  )



ZH ipo wiht the word zero in it.  what could go wrong on that IPO?  :)



Tue, 11/12/2013 - 11:09 | 4145877 krispkritter
krispkritter's picture

Consider yourself 'enrolled'...

Tue, 11/12/2013 - 10:44 | 4145774 LawsofPhysics
LawsofPhysics's picture

That's okay, the rest of them get "news" from credible sources like Jon Stewart.


Seriously though, "news" has about as much meaning as "price discovery" in today's world.

It's all good, all the time...

hedge accordingly.

Tue, 11/12/2013 - 11:03 | 4145780 firstdivision
firstdivision's picture

Just out of curiosity, what is the % of Adult Americans that hookup through Craigslist?

-Guy who is crafting a pitchbook

Tue, 11/12/2013 - 11:17 | 4145903 centerline
centerline's picture

Would we call it Twatter then?

Tue, 11/12/2013 - 10:45 | 4145781 Bearwagon
Bearwagon's picture

Reading comprehension would be a clear advantage ...

Tue, 11/12/2013 - 10:46 | 4145783 lizzy36
lizzy36's picture

50% of Americans are barely literate let alone twitter users.

As far as "news" most Yanks can only recall the NFL football scores and the stat of their favorite brain damaged (literally) linebacker.

Tue, 11/12/2013 - 10:46 | 4145785 fonzannoon
fonzannoon's picture

Look at all that room for market capture!

Tue, 11/12/2013 - 11:37 | 4145978 NotApplicable
NotApplicable's picture

Will Tyler be king?

Currently 176,118 followers and counting.

Tue, 11/12/2013 - 10:50 | 4145787 Dr. Engali
Dr. Engali's picture

Twitter is focused on younger more educated people? WTF? When Justin Beiber is the number one and katty Perry is the number two most popular tweeters, I highly question that statement.

Tue, 11/12/2013 - 10:52 | 4145805 Bearwagon
Bearwagon's picture

See, reading comprehension passes as "more educated" these days.

Tue, 11/12/2013 - 11:12 | 4145885 JohnnyBriefcase
JohnnyBriefcase's picture

Similarly to advertising (25% more free!) it is completely meaningless and relative.

Tue, 11/12/2013 - 10:53 | 4145811 fonzannoon
fonzannoon's picture

well to be fair doc they went on to say "than both the population overall and Facebook news consumers"

Which seems to mean they are looking for people that are slightly more educated than rabbit shit.

Tue, 11/12/2013 - 11:19 | 4145918 centerline
centerline's picture

Check the batteries in your doublespeak translator!

Tue, 11/12/2013 - 11:31 | 4145956 fredquimby
fredquimby's picture

haha, my parents said the same thing (how can twitter be serious if Bieber is the most popular person on it).



Tue, 11/12/2013 - 12:52 | 4146277 Agent P
Agent P's picture

Well, that would definitely support the "younger" part.  As for "more educated", I guess that depends on your comp....more educated than a lamp post....maybe. 

Tue, 11/12/2013 - 10:51 | 4145800 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

One man's noise is another man's Mozart. It is all about the noise filtering. Problem is today the noise also includes the users wanting to be heard. They've in essence become part of the content. Think of it like a concert the best concerts usually are the ones that audience actually wants to be there and is into the band. There is a synergy that makes the whole greater than the sum of the parts. But there was filtering process to get there. If you try to filter and synergize with stupid and it filters out everything except stupid on both side the synergistic result is stupid that is greater than the sum of stupid. We are seeing this process happen real time all over the place. The Obamacare website is a prime example of this synergistic effect going on.

Tue, 11/12/2013 - 11:11 | 4145881 centerline
centerline's picture

Group stupidity.  Or in geek terms, multi-nodal stupidity.

Idiocracy here we come.... yeehaw!

Tue, 11/12/2013 - 11:30 | 4145925 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Birds of a feather flock together. Same as it ever was. The platform is just the filtering process. The key in the digital realm is the filter, how do you write a noise filter that is dynamic enough to adapt to the individual. The platform needs to decoupled from the filter and unlimited as possible in how it can be used, it is the filter that is the money. Big data and all the machine learning algorithms may one day be sophisticated enough to solve this problem but in the short term until they get there they are going to be used against this very purpose of individual control vs authortarian control of information. At some point they won't be able to control the filter for everyone that brings it's own new set of problems and not if but when it goes sentient takes on a borg like consciousness instead of being individually conscious.The ideal filter will be individually consciousness and only activated when each individual interfaces the system. That requires having memory and storage so the keep is how to keep your memory from being tapped into if you don't want it to be.

Tue, 11/12/2013 - 10:54 | 4145806 Colonel Klink
Colonel Klink's picture

Twatter, one of the most stupid Amurikan fads, right along with "reality" TeeeeVeeee.

What a horrible societal culture we've created.

Tue, 11/12/2013 - 10:54 | 4145815 fosse
fosse's picture

fosse puts together lists
to follow what interesting people tweet
so you don't have to "follow" them at all.
meet, sweet, neat

Tue, 11/12/2013 - 10:56 | 4145825 Incubus
Incubus's picture

never had a compulsion to use that shit.


I got in and out on myspace.  too old for that hen house bullshit.

Tue, 11/12/2013 - 10:59 | 4145834 Lendo
Lendo's picture

I bet the user base numbers are completely phony.

There are millions of fake SPAM/robo accounts on Twitter.  You can pay tens of thousands of dollars to get hundreds of thousands of fake followers.  I can't wait for this one to hit a sub-20 handle like Facefuck did.

I'm in my early 30s and despise social media.  I don't even have a Linkedin account and a few co-workers are following suit by shutting down their NSA profiles on Facebook, etc.  A small amount of people are realizing that privacy is far too important to jeopardize by willingly giving info to these companies in cahoots with the NSA and our government.  I wish the millennials would follow suit..but they’re so brainwashed into thinking government is good that they are hopeless IMO.



Tue, 11/12/2013 - 11:17 | 4145904 Lendo
Lendo's picture

Perfect!  Just perfect.

Tue, 11/12/2013 - 11:42 | 4146000 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Fractional reserving of followers. Like ETF leveraged gold with the bots being the leveraged paper promises while the remaining unleveraged paper is the actual amount of physical gold aka real human followers.

The song remains the same, same as it ever was, meet the new boss same as the old boss,.... yada yada yada

Different platform same scam. If it didn't work history wouldn't rhyme as much as it does.


Tue, 11/12/2013 - 13:25 | 4146417 thisandthat
thisandthat's picture

No... can't possibly be - I mean, what if facebook sues for infringement:

Maybe we're seeing the birth of the social HFT: phony accounts spamming each other to generate "content" and market "volume".

Tue, 11/12/2013 - 11:36 | 4145975 I_Rowboat
I_Rowboat's picture

Good for you.  My wife and I are in our late 30's.  No Facebook, LinkedIn, Twatter accounts, or any of that other distracting bullshit.  What a truly wasteful way to squander your few days here on Planet Earth.

Read a book, go for a hike, hunt for mushrooms, seduce your lover, cook a meal, take care of a patch of ground, raise some flowers, some vegetables.  Lean on the hoe and look at what you're creating!

Tue, 11/12/2013 - 12:32 | 4146201 Lendo
Lendo's picture

Exactly.  Me and my girl are in the exact same frame of mind.

We go on nature walks, snowboarding, bike riding, working out, etc.  We will be out at our favorite bar and will notice couples sitting together only to be on their cell phones the entire time and not even conversing with each other.  Why go out?  You can do the same at home and it's much cheaper.

Not judging, but we feel there's so much more to life than gadgets and that nature is superior.

Tue, 11/12/2013 - 11:00 | 4145841 buzzsaw99
buzzsaw99's picture

I only twittered for gems like "jaundiced gorilla pelts". Now that Charlie Sheen is back on his meds twitter is useless.

Tue, 11/12/2013 - 11:02 | 4145852 obelisks
obelisks's picture

Well I never have used it and never will. And the same goes for Facebook.

In fact, I couldn't give a rat's arse about either of them and from my perspective, they are just an unnecessary hindrance to enjoying a harmonious life

Tue, 11/12/2013 - 11:02 | 4145853 Boondocker
Boondocker's picture

If you twitter does that make you a twit?

Tue, 11/12/2013 - 11:03 | 4145857 unplugged
unplugged's picture

is it just me or does it start with "twit" ?

Tue, 11/12/2013 - 11:06 | 4145865 bigrooster
bigrooster's picture

Only fools use twitter.

Tue, 11/12/2013 - 11:11 | 4145879 Dadburnitpa
Dadburnitpa's picture

What's twitter?

Tue, 11/12/2013 - 11:14 | 4145893 centerline
centerline's picture

All this social tech is Huxley's "centrifugal bubble puppy."  Little iPrisons.  Everyone plugged into the matrix, addicted to instant social feedback because it is easier than actually addressing thier real lives.  Makes for an audience that is ripe for programming/propoganda.  Sad.

Tue, 11/12/2013 - 11:14 | 4145894 giggler321
giggler321's picture

What % of Americans get their news from ZH?

Tue, 11/12/2013 - 11:30 | 4145958 LFMayor
LFMayor's picture

95% of the awake?  :)

Tue, 11/12/2013 - 11:15 | 4145895 giggs
giggs's picture

Never let facts get in the way of an investment decision.  In any event, the FED has our backs.

Tue, 11/12/2013 - 11:21 | 4145923 ToNYC
ToNYC's picture

Adolescent masturbation valuation dubious.

Tue, 11/12/2013 - 11:24 | 4145924 Caput Lupinum
Caput Lupinum's picture

I used Twitter once to buy a stereo. I thought they went bust

Tue, 11/12/2013 - 11:25 | 4145943 LFMayor
LFMayor's picture

...over 30 don't use twitter.

Which is probably one of the greatest reasons I'm not still living in my mom's fucking basement. 

It's full of emotional, self absorbed plastic people who haven't been properly exposed to the harsh realities and ablsolutes of the real world.  They've been in the bubble for their whole life, participation trophies, magical retards saving the world movies, emasculated male situation comedies.  Lesbians in charge will save us.

They have little grounding in reality and few critical thinking skills.  They've been raised, groomed, incubated to be dependent.

And in closing, for the first hipster douche who want's to throw out the old saw "there are no absolutes".  Take any number.  Divide your chosen number by the number zero.  Repeat with a any different number of your choice.  There's your first absolute lesson of the day.

Tue, 11/12/2013 - 11:38 | 4145981 Lendo
Lendo's picture

You need to post more.  Bravo!!

Tue, 11/12/2013 - 18:16 | 4147663 Incubus
Incubus's picture

As far as human social systems go, there are no absolutes. 

Tell me: in which culture are practices/rituals/"culture" universally absolute and applicable to everyone else on the planet?  Or are you one of those "raised in a vacuum" thinkers who don't realize when people are introduced to any system, entropy is always the long term result.  Because so-called "objective thinkers" want to try to force primarily emotional creatures to an impersonal system of standard, predictable results.


Here's the "answer" to society's ills:  Make people "feel" like they belong, and they'll try.  Marginalize them and they'll lie, cheat, steal, and kill to make their own way.


Lesson's free this time.

Tue, 11/12/2013 - 11:30 | 4145955 worldofdebt
worldofdebt's picture

Some great humour above! How about #WORLD OF DEBT 

See Below:

And of course #JIM CRAMER'S TERRIBLE STOCK PICKS    See Below:

Tue, 11/12/2013 - 11:33 | 4145964 Downtoolong
Downtoolong's picture

I just got a side ad for a cure for toenail fungus. That’s what I get for searching “toe nailing instructions” for homebuilding carpentry.

Looks like you f^&ked up again Google/Facebook/Twitter/MSN/NSA/ Whoever/Whatever.

I can only imagine how you interpreted my searches for “trapping beaver” and “the best way to eat pie”.

Diseases and parasites. Yep, that’s exactly what these f^%king morons are to the web.

Tue, 11/12/2013 - 11:42 | 4145996 Machine Parts
Machine Parts's picture

Fuck Twatter.

Tue, 11/12/2013 - 11:43 | 4146006 fredquimby
fredquimby's picture

I am very surprised there is so much "I wouldn't use twitter if it was the last website on the net" bile here in the ZH comments.

Twitter is the ultimate real-time worldwide live news service. (You only bump into JB if you search for JB).

If you search for #NFPguesses or #gold or #wakeupyouoldgits you might be surprised what twitter has to offer!

Follow a few good people on there and your news consumption habits will change forever.... 



@fredquimby123 !





Tue, 11/12/2013 - 13:13 | 4146262 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

There is difference between monetary value vs. social. Twitter definitely has proven social value but the question what are people willing to pay for that value since at a bare minimum to be a functioning entity without being subsidized you need to be able to generate enough revenue to offset operational costs. If you can't do that then the subsidy has to be either through institutions or individuals you know like donation options through things like bitcoin.

The social value that is proven is it's ability to transmit real time 'user driven news' faster than the propaganda machine can craft their narratives from people right at the scene as it is happening. Granted there is a lot noise and fake planted users to amplify the noise but the truth does leak out in real time through individual observation (verbal, audio, video, photos etc.) of events at the scenes as they unfold. It has a way of keeping the propaganda machine somewhat honest since they are technically nothing more than a noise filter also filtering that very same information. Systems based on human interaction are essentially trust based systems this is an effective trust but verify tool when used correctly by the twit and reader that actually weeds out officially driven propaganda news and outlets from nonpropaganda driven when it comes to things the machine wants spun a certain way.

The flip side enough stupid idiot thinks they have something of value to say in 140 characters or less and the narcissitic drivel comes with the terrortory. The noise filter is the real money maker for this platform. But and I stress BUT the platform has to be able to be accessed unfiltered and the filter needs to be open source and voluntary for people to use or not to use. It is a trust based system this is so they don't fall into the trap Google did with the NSA and how it is ultimately going to hurt their business model where they become nothing more than reliant pawn of the gubbermint cheese to stay afloat when trust is lost and people reject them and their products. They don't have a good enough one yet for it to be $50 stock let along $30 based on the real numbers and advertising revenue model projections. The platform has value but from a monetary standpoint this nothing more than a pump and dump taking advantage of overvaluing the peak social perceived value as a dollar value. The long term growth value for twitter is in noise filtering if that is not part of the business plan or acquistion of 3rd party filters using that excess revenue generated by the IPO this is get in and get quickly before it becomes a long term turd company.

Tue, 11/12/2013 - 11:48 | 4146027 Kilgore Trout
Kilgore Trout's picture

Getting news from Twitter?

 I admit I barely know what Twitter is, but something about 140 character blurbs.


Why do I feel I've been dumped off in some alien landscape?

Tue, 11/12/2013 - 11:51 | 4146043 LFMayor
LFMayor's picture

It's great!  They take out all the tedious, byzantine things like logic and facts and jump straight into telling you how to FEEL about the latest subject.  6 times a minute. /sarc off.

Tue, 11/12/2013 - 12:02 | 4146076 fredquimby
fredquimby's picture


I felt an earthquake (only a small one!) a few months back and did a quick search on twitter for "earthquake switzerland" and within seconds live reports, news data, USGS feeds and a whole host of other information was instantly available. It took the main news websites my GF was checking a good 20 to 30 minutes to report the quake, and when they did it was with way less info than I had already told her about it.



Tue, 11/12/2013 - 12:27 | 4146178 Kilgore Trout
Kilgore Trout's picture

And the mainstream rushes to catch up by reporting the Twitter news.

Initial report: There were 4 middle-eastern-looking gunmen with military-style weapons.

3 days later after 11 variations on the original: It was a single Ritalin-addled teenager with mommy issues and an antique dueling pistol.


Tue, 11/12/2013 - 11:56 | 4146058 LFMayor
LFMayor's picture

So if Twitter is so damn great, why didn't they draft Obamacare on it, instead of making it longer than the collected works of Poe? 

Challenge: Save the unisured in 140 characters or less.

Fucking know it all hipster imbeciles.  I yearn for the fires.

Tue, 11/12/2013 - 12:11 | 4146119 GrinandBearit
GrinandBearit's picture

Algos use it.  It has served Carl I-con very well.

Tue, 11/12/2013 - 12:26 | 4146174 orangegeek
orangegeek's picture

twitter is headed for the shitter


you have to follow 1000s to have 1000s follow you - the flow of information is useless


it's good for hollywood stars like Katy Perry (love those boobs) who can tweet so the media can repackage and make more content - ie: ubiquitous assimilation

Tue, 11/12/2013 - 12:31 | 4146198 hairball48
hairball48's picture

I'm 65. I have never used Facebook. I opened a Twitter account a while back. I think I have 2 tweets. I responded to a Jim Rickards tweet, one from Mike Shedlock(Mish).

I believe the valuations, and stock prices on the publicly held outfits, on ALL these social media companies are nuts.

But I'm just an old Southern redneck living in Montana. What do I know?


Tue, 11/12/2013 - 12:56 | 4146303 Randoom Thought
Randoom Thought's picture

The reason for taking something public is to remove all responsibility for financial consequences. With banks owning direcly or indirectly the vast majority of all equity assets ... stocks are just another way to counterfeit funny money fiat trash paper and the pocket it.

Tue, 11/12/2013 - 12:43 | 4146245 hairball48
hairball48's picture

I opened a Twitter account to help get more views on a YouTube channel I plan to do in the near future.

I haven't had TV for several years now. I get virtually all my news from the internet and XM radio. I like Bloomberg News on XM(and the net) even though their reporters and analysts are, for the most part, as clueless as CNBC or FBN. Stephanie Ruhle is a hottie though :) I like her style of interviewing even if she doesn't understand the Mises school of economic thinking.

As for written news, I regularly read articles  from: Zero Hedge, The Market Oracle, Mish's blog and The Daily Reckoning. Each of those has more links to rerad as well. That's about all I can handle at my present stage of senility :)

Gold and Silver bitchez! More now than ever.



Tue, 11/12/2013 - 12:54 | 4146279 Randoom Thought
Randoom Thought's picture

WOW!! About the same number of people use Twatter as use FOOD STAMPS! Could this be simply a coincidence? Enquiring minds want to know!

So, like what is the plan to generate income for Twatter? Advertising? Eyeballs? Cleeks? Pay-for-feeds (like expert networks)?

Lol ... Now where did I put that 10 ft pole?

Tue, 11/12/2013 - 12:54 | 4146289 TN Jed
TN Jed's picture

And now we have Google trying to forcibly integrate Google+ onto YouTube users.  They are desperately trying to create a social network by holding YouTube creators hostage by forcing the comment and reply functions thru Google+.  YT users are pissed!

Tue, 11/12/2013 - 13:27 | 4146424 hairball48
hairball48's picture

Regarding Google and YouTube...You are correct.

I deleted a YouTube channel I had because of Google's CONSTANT harassment in wanting all my personal info, etc. etc. for Google+. I had hours of my own video content that many people liked, but I finally said FUCK GOOGLE and cancelled my channel.

I'm not very clever when it comes to setting up my own site for displaying home done videos, but it appears that's what I'll have to do.

Tue, 11/12/2013 - 12:57 | 4146306 Agent P
Agent P's picture

I don't always read the news, but when I do, I don't use the Twitter.

Stay 84% my friends.

Tue, 11/12/2013 - 13:22 | 4146406 moonstears
moonstears's picture

Made me laugh, for some reason... +1

Tue, 11/12/2013 - 13:20 | 4146394 cbxer55
cbxer55's picture

Twitter? Twitter? We don't need no stinkin twitter! 

Never used it myself, have no idea what it's good for. Suspect nothing.

Tue, 11/12/2013 - 13:26 | 4146422 Trimmed Hedge
Trimmed Hedge's picture

"And what happens when, just like FaceBook, Twitter's coolness factor disappears and only the hardcore, and quite paltry, news users remain?"

Who cares..

Insiders will have cashed out most (if not all) long by then...

Tue, 11/12/2013 - 15:16 | 4146912 Ghostdog
Ghostdog's picture

We all know that children's discretionary income is huge so there is plenty of cash to click on those ads and purchase.

Tue, 11/12/2013 - 16:34 | 4147288 JuliaS
JuliaS's picture

I think Demetri Martin made a joke regarding twitter, where instead of using it he decided to walk around with a loudspeaker and announce everything he was doing.

Tue, 11/12/2013 - 16:54 | 4147370 syntaxterror
syntaxterror's picture






... some of my favorites.

Do NOT follow this link or you will be banned from the site!