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The Red Giant (Five Reasons Facebook is Over)
The Reformed Broker ^ | 01/03/2012 | Joshua M Brown

Posted on 01/03/2012 6:31:35 AM PST by SeekAndFind

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To: Pessimist
There are 800 million Facebook users worldwide. It doesn't matter what the company is actually worth. The hype alone is enough to push this stock into record territory, right before the massive implosion. The trick is to get in and out at the right times.

Getting in at the initial offering price will be next to impossible. By the time you get in the boom will be headed to bust as everyone tries to make their $$.

21 posted on 01/03/2012 7:42:16 AM PST by RockyMtnMan
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To: bcsco

I enjoy facebook, but like many things in this life, it can be a big waste of time (no different than people who golf their lives away). Facebook is pretty invasive though, so I imagine some other thing will eventually surpass it.


22 posted on 01/03/2012 7:45:37 AM PST by Paved Paradise
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To: Vaquero
I refuse to risk my career and personal relationships over this stupid website....

Exactly. It's just asking for identy theft. Hey world, here's my life for any and all to use as they wish.

Something else I'm seeing is that young people are using FB and texting as a way of NOT communicating. They can't commit to a long conversation anymore. They can't be anywhere without texting so they aren't interacting with where they are or who they're with at the moment. All they know is a few quick keystrokes. Nothing emotional. Nothing face to face. Nothing invested.

23 posted on 01/03/2012 7:50:21 AM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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To: SeekAndFind

Facebook is a fantastic tool for Conservatives to spread our message and organize resistance. It’s not going anywhere.


24 posted on 01/03/2012 7:50:58 AM PST by montag813
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To: Paved Paradise

I have no issue with the fact something will eventually replace Facebook. It’s not “if” but “when”. But, Facebook has its legitimate uses, and that’s what I was pointing out. If I do make a post on my page, it’s not something I’m worried some prospective employer will find to be a problem; I’m retired, and I’m too smart to do that anyway. I only post what I want people to see.

But it’s use goes way beyond the personal fluff. It lets groups and organizations interact in a far more timely fashion than email, and that’s a good thing. It also allows them to get recognition (if they want) or keep things private. I’ve been a slow learner with Facebook, not being a very convivial type. But I’ve come to see its strengths, and am trying to use them to advantage.


25 posted on 01/03/2012 7:56:52 AM PST by bcsco
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To: bgill

I refuse to risk my career and personal relationships over this stupid website...

I’ll second that! As a high school teacher, I have to be ever vigilant about my identity and reputation. Why would I want to put myself out there on FB for high school students to post rude comments or my employer to misinterpret something I write that could cost me my job? There have already been a number of teacher firings over FB and other social network postings.

I tell my college age daughter constantly to be ever vigilant about her FB pages - I understand one of the first things prospective employers do is look through a prospective employee’s FB page and postings. Remember the IDIOT in the police academy who posted topless pictures of herself? Ended her career on the spot.

You can’t imagine how texting has changed classroom behavior! Kids text any/all day, as much as they can get away with, sneak it under their desks so I can’t see. I HATE playing the roll of policeman and confiscating cell phones but I have to when kids are told repeatedly to put the **** phone away. My son’s friend had his SAT test declared null and void after he pulled out a cell phone AFTER his test was turned in — didn’t matter, the rule is NO cell phones around standardized tests.

Now, I tell kids who won’t stop with the cell phones to go and sit in the lunch area and text to their heart’s content so I can spend time teaching rather than taking valuable classroom time screeching away about putting cell phones away.

Also, in kid’s compositions I’m seeing things like U for you, g/f, b/f (girl friend, boy friend), KK (for OK) and, of course OMG and other Internet acronyms that I’ve told students repeatedly NOT TO USE (to little/no avail). Wait until employers see them all over job applications.

=^-.-^=


26 posted on 01/03/2012 8:24:03 AM PST by Bon of Babble (The Road to Ruin is Always Kept in Good Repair)
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To: SeekAndFind

Reason #1 is the only one of those that’s even remotely true. There will always be something new, the new will find a hook, and the masses will flock to it. What the hook is who can say (the fun part about hooks is nobody sees them coming).


27 posted on 01/03/2012 8:29:06 AM PST by discostu (How Will I Laugh Tomorrow When I Can't Even Smile Today)
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To: sbMKE

There’s a certain point in hitting the masses where the age group stop mattering. FB, with 1/9 of the planet signed on, is way past that point. An advertiser will hit lots of members of their target market on FB, just because there’s so many people.


28 posted on 01/03/2012 8:31:47 AM PST by discostu (How Will I Laugh Tomorrow When I Can't Even Smile Today)
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To: SeekAndFind

He makes good points, but the example of MySpace’s annihilation by Facebook is flawed. MySpace, with its damn-near-impossible-to-read white/yellow lettering on black background, was designed for 15 year olds while adults absolutely hated it. Vast majorities of the world were never going to use MySpace. That nice, easy-to-read Facebook would wipe it out did not exactly require a crystal ball.


29 posted on 01/03/2012 8:38:38 AM PST by denydenydeny (The more a sys<tem is all about equality in theory the more it's an aristocracy in practice.)
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To: PapaBear3625
I’m already asking TELLING my kids to not use facebook or other social media. You DON’T want that much stuff to be visible to future employers

And for other, even more important reasons.

30 posted on 01/03/2012 8:45:02 AM PST by steve86 (Acerbic by nature, not nurture (Could be worst in 40 years))
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To: SeekAndFind
Have you seen what Gmail looks like these days? There's not a centimeter of the page that isn't covered with advertisements of some kind.

Kind of a side issue but I've never seen a single ad of any kind as part of gmail and use it every day. Guess it's because of adblock, noscript and using the slow interface.

31 posted on 01/03/2012 8:50:24 AM PST by steve86 (Acerbic by nature, not nurture (Could be worst in 40 years))
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To: Bon of Babble
Wait until employers see them all over job applications.

Your whole comment is excellent but I am already seeing the same devolution of writing style in twenty somethings, probably including some of those younger hiring managers.

32 posted on 01/03/2012 8:56:37 AM PST by steve86 (Acerbic by nature, not nurture (Could be worst in 40 years))
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To: PapaBear3625
You DON’T want that much stuff to be visible to future employers. Forever.

Or college admissions personnel, for that matter.

33 posted on 01/03/2012 9:24:41 AM PST by Night Hides Not (My dream ticket for 2012 is John Galt & Dagny Taggart!)
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To: SeekAndFind

Applications for social networking will come and go. They are based on the technology of the day, and the days change.

What will not disappear, ever, is online social networking.


34 posted on 01/03/2012 9:45:11 AM PST by dmz
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To: lacrew

Something else has already come along.

Google plus. Very popular with the younger set that is unhappy with the privacy issues of facebook.


35 posted on 01/03/2012 9:50:16 AM PST by ladyjane
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To: ladyjane
I agree with you on Google Plus. It's much more superior than Facebook as a social networking site. What I like best about it is that you can put people in different buckets (circles). For example I have my friends in one group, my family in another and my co-workers in yet another. You can have as many different groups of people as you wish and they will all be walled off from each other. In other words, the different circles you maintain will not be able to see each other.

So if you want to discuss your massive New Year's morning hangover with your circle of friends, you never have to worry about your family or co-workers reading about it. Unless of course, you have certain of them added to your "friends" circle or you cross-post into the other circles.

I'm still feeling my way around Google Plus but already it seems like a much better method of social networking. Also (so far), the people on it seem to be a little more mature and intelligent than what you find on Facebook. My cousins with their cat pictures and endless invitations to stupid games and family trees haven't shown up yet!

36 posted on 01/03/2012 10:12:58 AM PST by SamAdams76 (I am 34 days away from outliving Marty Feldman)
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To: SamAdams76

What! You don’t get into the family tree thing?? It can be very interesting.

BTW - If you are an Adams, a la John Quincy, we are probably related! How about that! LOL


37 posted on 01/03/2012 10:21:51 AM PST by ladyjane
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To: ladyjane
Actually I'm a descendant of Samuel Morse so my family tree does go back a ways in New England. Not sure about whether I'm related to the Adams family but Samuel Morse did make a painting of John Adams!

Not many people know it but Samuel Morse was a famous painter before he helped invent the telegraph and the code that bears his name. Small world.

38 posted on 01/03/2012 10:32:25 AM PST by SamAdams76 (I am 34 days away from outliving Marty Feldman)
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To: SamAdams76

Could be. Everybody seemed to be related back then.


39 posted on 01/03/2012 10:50:47 AM PST by ladyjane
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To: steve86

“Have you seen what Gmail looks like these days?: I’ve never seen a single ad of any kind as part of gmail”

I use it all the time and have no ads on the screen. I didn’t install any add-ons to Chrome browser.


40 posted on 01/03/2012 11:23:48 AM PST by Poser (Cogito ergo Spam - I think, therefore I ham)
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