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Elon Musk Buying Twitter - Good or Bad?


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  • 3 weeks later...
32 minutes ago, Mr.D said:

What solution you have to recover your account?

I’ll tell you a secret, access to tens of thousands of sites has been closed for my region, this has been happening since March. I can't even open the Bitcoin website and can't launch QT desktop wallet without a VPN. I have no access to anything, even 90% vpn services are not available to me. I have also blocked my accounts on many crypto exchanges. I also had my Skrill wallet blocked due to balance. They block me everywhere and take my money. Also skype, viber, whatsapp, twitter, instagram, facebook, app store (yes, my iPhone turned into a brick) namechip took my domains. Google blocked mail. but I can’t remember everything ... Ukraine abandoned the Donbass in early March, since these are sanctions against us coming from the government.

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Returning to the question of Elon Musk and Twitter, I think that this person, an idol for many, makes some political statements in vain, many do not like it.
I consider buying a tweeter not the most brilliant idea, but Elon strives for publicity around him, so he knows what he is doing, everyone knows what his words are worth, he could return the lost capitalization to the entire crypto market in one day.😀
From social networks, I personally have not seen anything better than a telegram, it seems to me that the future is in it.
On twitter I don't know what the change as I will never use it.

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  • Root Admin

In my opinion, Elon Musk is quite a genius and he made a lot of public statements to move the markets in his favor. Don't get me wrong, I don't admire him but I can recognise what is he doing.

Anyway, just as you said previously I think he will not purchase Twitter. At least not at the price he declared. That's because I don't see the fundamentals.

If we talk about profit, Twitter profit is very unreliable. Check the chart attached. 

twitterProfit.png

Besides that, with the upcoming recession comming I think advertising revenue will decline so the profit of Twtter from advertise may also decline.

This being said I think Twitter is playing with Twitter stocks and if he will buy it then may do it at a way lower rate.

Just my thoughts,

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