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About Those Eyeball-Based Valuations: "Half Of Twitter Accounts Created In 2013 Have Already Been Deleted"
Still paying a #Div/0 valuation for Facebook or Twitter based on expectations of exponential growth in eyeballs, or rather "eyeballs"? Then perhaps read this first.
... many of the “users” on social media sites aren’t real people at all – they’re celebrity staff tweeting on behalf of their employer, or PRs promoting a company, or even fake accounts for people that don’t exist at all. In fact, half of all Twitter accounts created in 2013 have already been deleted.
These fake accounts are often created by unscrupulous firms that will beef up your follower count in return for cold hard cash.
“Twitter is in the centre of public interest and politicians or companies are often ranked by number of followers or re-tweets or the like – so, there is a whole “web optimisation” industry offering services to make you look better on Twitter – everybody can buy 10,000 followers for $5,” Pfeffer said.
Source: Forbes
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I got my eye(balls) on you Butchie.
my 42 fakebook accounts are still active
FORTY TWO!
Didn't we already do this "eyeballs" thing back in 1999?
Every Shareholder has an obligation to create a few dozen fake accounts
This has got to be bullish...
Right?
We only used Twitter and Facebook to social engineer people, dox them and harass women who not sleep with we.
And by "we" I assume you mean you and Satoshi?
everybody can buy 10,000 followers for $5,” Pfeffer said.
i'm gonna start a cult
People will do almost anything for a fiver.
https://www.fiverr.com/
Today, everybody is famous for 15 nanoseconds. :-)
Investor aged people are clueless. Youth just pwns them over and over.
Those punk arsewholes make it hard to delete too!
Facebook and Twitter farms is where the action's at - you can buy 1000 Twitter followers for $2 and 10,000 for $5.
If the entire economy is a fraud engendered by the Fed, how can companies be anything but frauds? You have got to love Apple at $118.75.
http://www.gigme5.com/job/increase-your-10,000-twitter-followers
One day we will wake up and realize that the Internet is the greatest destoryer of capital (if ther even is such a thing any more) since the airline industry.
One giant pump-and-dump scheme. Company after company gets their big payday, the owners cash out and then reality sets in.
Even the original Tylers are gone. Does that tell you anything?
I don't know if it's a destroyer but it's definitely reallocate capital in a different and perhaps non-productive direction (read fraud).
Yeah, I have often wondered how many of the original ZH staff is still around. Haven't heard word one from Marla et al in a very long time...no more ZH radio either....
Definitely the greatest destroyer of abdominal muscles ("abs") ever. :-)
Are the original Tylers really gone?
Based on quality of Financial posts, I would say yes the original Tylers have left the building...
No problem. Go to Quitter:
https://quitter.se/
I like and use Twitter as news feed...how I read headlines of Zero Hedge, and I don't consider it a "real" social network like the others. Twitter is the only social nework that "gives" me time while the others, which I do not use, take my time. I agree on the garbage of promotion that gets weeded into Twitter and half the folks on Twitter never tweet either and that's ok as they are doing the same thing I do as far as using it as a newsfeed.
I like Twitter as I get out there get after folks like Darrell Issa too:) Speaking of Issa, many politicians don't know how to use Twitter either, like the day Issa deciided to tweet the Constitution as myself and others told him to "stop making noise" go post it on Facebook, LinkedIn, Pinterest or your other social network of choice but with 140 characters, you're making us nuts. He lost a ton of followers that day too:)
If you do have something to say though, that's important you do have to remember that most of the time there is a human looking at their Twitter actions it works for me, but again you really need to say something significant and I try to do that as best I can when I bounce back, like with Issa, I quote facts and I'm not out there looking for a Twitter fight:) I hate the noise of junk tweets too and the self promotion that takes place and sure I do a bit of it myself but mostly they are my blog posts with a link of something to read. So I don't care if Twitter is junk right now as long as it doesn't go away as I really don't want to depend soley on RSS feeds again.
How many twitter accounts were created by twitter, or its investors?
Same goes with facebook
Fakebook is more accurate.
I rate the effectiveness of social media on my ability to get laid-
Or catch a social disease. Facebook rates a zero
Here, try another!
Plentyoflandwhalesattentionwhoresandsinglemommies.com
You forgot the single mommies with bi-racial kids.
$5 for 10k followers, can i have $50 worth please?
Let's be honest, most software is easy to make ( as opposed to doing actual work, like building a brick wall or shearing sheep). There is no way this piece of shit is worth any money at all, much less billions. This asshole is worth billions bevause of his Krony Klub membership, not because he did anything valuable. Hell he even stole the fucking software from his classmates!
So to all of the Krony Klub members, you cannot tell me you're mystified by the rising amount of anger and resentment, right?
In 1999 there were companies that would pay you to click on internet ads. It was like a few pennies per ad, but the idea was every once and a while you clicked on a few ads and at the end of the month you might get $20.
Then some programers created click bots that would click for you at a rate far higher than you ever could along with running through websites when you were away form your computer. In college a few of my friends were able to generate a few thousand dollars in a month that way. I made about $500 before the clickbot scam was exposed. The click trackers changed to make sure the computer recieved mouse tracking through the USB input. If you didn't move the mouse every minute the click tracker would no longer work. So once again the hackers created a program to fool the click tracker and made a ton of money again. Eventually the payment for clickfraud died with the Dotcom 1.0 crash.
SO now the same scam is being run again becuase Wall Street has put multibillion dollar valuations on the number of "eyeballs" that view a certain site.
Oh yeah, did you hear Kim Dotcom is broke?
Eventually every scammer, other than those in the Fed for now, ends up broke.
I have Twitter accounts for my name and my business name. I don't use them. I just don't want somebody else using my name and DBA name to send Spam. I've never "followed" anybody. And every day I get piles of Spam e-mails from Twitter itself, and obvious robo-spam accounts.
its a verb a look it up in the urban dictionary
"Suckerberged" The act of stealing information from ignorant to promote a corporatism spy network
https://www.techdirt.com/articles/20140516/18013327266/german-official-s...
monopoly and violence needs to stop...
Don't worry, guys.
If everything breaks right Twitter should turn a real profit by 2025.
2135??
Honest to god: one of my coworkers is invested in Twitter because it might be the next Amazon or Google. That's true, but they might be the next pets.com or altavista.
These fuckers can't go under and close up shop fast enough. Rents in Mountain View are insane.
and people are surprised that its " RIGGED" ? HUH
No wonder Obama keeps getting voted back in..
Maybe i should make up a new religion... that completely fabricated from thin air .... that hasn't been done before !
Hahahaha I gotcha... that is FAKE Aswell
its a FAKE WORLD ....
your welcome, idiot
Alibaba Massive Fraud
Unrelated, but I believe highly important none the less. We have some smart people on ZH and curious if anyone else has heard or read about this. I am hoping someone that has the time and resources can look in to this and do some homework.
I was listening to The John Batchelor Show one night about a week or so again. He is on the radio and can be found online. Incredibly well versed on many international topics and world history. I highly recommend you tune in to him when you have a chance.
In any event, he had three guests (from China) on and the discussion was surrounding a massive fraud at Alibaba. The story goes something like this. Alibaba is a marketplace and they collect a fee on each purchase from merchandisers that operate via their website. Alibaba understands net profits and margins are of little concern to Wall Street, but growth in revenues and now we are talking. Many multiples for "growth" in a global economy that is barely creeping along. So, Alibaba hires a network of thousands to simply buy and return products all day. If Alibaba held inventory this fraud would be somewhat more difficult to pull off, but with thousands of businesses connected to Alibaba it is very easy to hide the costs of labor and returns in underlying (most likely very closely held) companies. Afterall, billions of $'s in stock price appreciation will pay a lot of people to sit on a computer all day and buy and return stuff on their website.
This is massive securities fraud and according to the guests, the scheme is "well known" in China. Besides the financial statement fraud, one would have to wonder what type of due diligence was done by the investment bankers that brought Alibaba to market?
I don't know about you, but I think this could be a watershed Enron-like, Madoff-like story.
In the old days, companies used to do this by actually owning railroad cars and shipping physical inventory out right before a financial close. This is easily done these days electronically but considering China is years behind the US when it comes to fraud sophistication, I don't doubt they are doing it. It is also very similar to what was being done with aluminum in the US recently.
I have yet to utter my first tweet
That could be a tweet right thete.
The terms follower and follow have such negative connotations why would anyone with any self respect do it? Why would I follow someone? Why would I want followers following me?
Breaking... Twitter Jitters Over Kwitters
Slightly on topic from the dailybell today,
http://www.thedailybell.com/news-analysis/35869/Assange-Google-as-a-Crea...
(**tweety bird and fakeboob the same??)
So much of what we see and hear is bullshit, It has become difficult to know what is real. An interesting book that I picked up at a garage sale years ago gives an eye opening tour through the twist and turns of math abuse and innumeracy, this is before we even begin to look at outright fraud.
The book "200% of nothing" by A. K. Dewney goes into how percentage pumping and irrational ratios can be used to make and reinforce a point that has little validity. Sadly this practice has become far to common in modern society. Aided by super fast modern methods of communication facts are seldom checked, "if you saw it on the internet" it has to be true. The article below delves into how figures are manipulated and how the truth can quickly be buried by those who choose to mislead us.
http://brucewilds.blogspot.com/2013/09/200-of-nothing.html