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Topic: Facebook ("Meta") down 25% in a day - page 2. (Read 411 times)

legendary
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February 07, 2022, 11:23:30 PM
#36
The reason why stocks like Netflix, Snap, Facebook, Amazon are trading like altcoins these days where they have 20-30% days which is unheard of in the stock market world is due to the VIX and liquidity.

VIX is just the volatility index. When stocks go down, they go down faster than they go up. So this is related to liquidity. When VIX is up the liquidity is down. Which is not ideal. Because there are less bids and more offers and we got these crazy 25% down days.
hero member
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February 07, 2022, 07:13:48 PM
#35
Can't really call it price drop if you look at the chart in the long term because if you check it during the last 10 years of the market you will see this can be considered just as a little break, so that's not a big deal for the long term investors and the price movement is still uptrend in longterm but in the hand, the price did a sharp movement to lower price level I would say the Meta-metaverse  can be the reason for it there should be a relation between these two, but the most interesting thing for me during these price movements in centralized markets is no matter if you are talking about a big market like Facebook or small market like a newcomer altcoin there is still the chance for both cases to lose the price sharply only in one day.
full member
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February 07, 2022, 08:36:59 AM
#34
What's interesting (and bizarre at the same time) is that META real estate prices are going up. If that's not proof that we live inside a simulation, I don't know what is XD. It seems to me that FB is just getting overrun by competition that is appealing to younger generations. I mean, FB always seemed like it's meant for the older generation, even tho it overthrew MySpace, it did at a time when MySpace users got older and grew away from that platform onto the next one that actually brought together not just people from the previous platform, but also people that never got into it in the first place. Now FB is facing a similar situation, it's just getting outgrown by its users.
legendary
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February 07, 2022, 08:05:53 AM
#33
The company is still "Facebook" which pretty dominated the social media industry with all it's subsidiary social media apps company like tiktok and instagram.
TikTok is owned by Chinese company ByteDance, not by Facebook/Meta.

I wonder how long this will last
It's existed since 2014 and is used by millions of people in hundreds of countries. Fortunately, it is beyond the scope of a single government to shut it down.

It reminds me of how the FBI tricked hundreds of criminals around the world with its anonymous app that was supposed to be secure and impenetrable.
All the more reason to be using an app which is open source and community developed such as Signal, as opposed to a closed source proprietary app like WhatsApp.
legendary
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February 07, 2022, 06:31:59 AM
#32
There's already a better chat application. It's called Signal. It does everything WhatsApp does and more, is free, open source, fully encrypted, supports voice and video calling, and won't spy on you or sell you out to governments like Meta will.

I wonder how long this will last, because the authorities do not like the fact that there is an app that is an ideal platform for secret communication of bad people (of course, eternally present terrorists) that they can not control. I sincerely doubt that such an app can exist in today's world without in some way cooperating with one of the most famous security agencies.

In case we go back and look at how the Signal was actually created (with whose money) then we see that these are the same people who have connections with FB or WhatsApp. I may be wrong, but if someone lends someone $50 million or even double that amount, that money must be returned somehow, of course with the corresponding profit. It reminds me of how the FBI tricked hundreds of criminals around the world with its anonymous app that was supposed to be secure and impenetrable.
sr. member
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February 07, 2022, 02:30:43 AM
#31
Not a good time for any tech stocks.

When interest rates are rising, there is a tendency for these companies to sink to the ground with their PE ratios.

I would say that they are pretty fairly priced, though. They still have some of the best employees out there and a vast abundance of information, so this could potentially be a good entry point for investors.

Smart investors will surely view this as a good investment opportunity because at the end of the day, The company is still "Facebook" which pretty dominated the social media industry with all it's subsidiary social media apps company like tiktok and instagram. This 25% loss is just a result of the current economic weakness globally. I'm pretty sure they will bounce back strong as soon fear is already clear. Only facebook bashers will gonna celebrate about this minor down fall.
Even though Facebook's stock fell but Tik Tok users actually went up, even though it couldn't cover Facebook's decline, the decline in assets that occurred was very significant. but this is how the market is, with this decline there will certainly be a time for a bullish trend, so that in a short time an increase in assets can occur. I think this is a normal occurrence
copper member
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February 06, 2022, 11:01:46 PM
#30
Not a good time for any tech stocks.

When interest rates are rising, there is a tendency for these companies to sink to the ground with their PE ratios.

I would say that they are pretty fairly priced, though. They still have some of the best employees out there and a vast abundance of information, so this could potentially be a good entry point for investors.

Smart investors will surely view this as a good investment opportunity because at the end of the day, The company is still "Facebook" which pretty dominated the social media industry with all it's subsidiary social media apps company like tiktok and instagram. This 25% loss is just a result of the current economic weakness globally. I'm pretty sure they will bounce back strong as soon fear is already clear. Only facebook bashers will gonna celebrate about this minor down fall.
mk4
legendary
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February 06, 2022, 10:55:04 PM
#29
But losing 25% of their company value in few hours isn't not a joke though!
Lol obviously it's not good for them, but it's not as uncommon as you think.

Anyway Facebook realized their platform is becoming ghost day by day that is why they moved to the futuristic vision so called metaverse which is still far from implementation hope it will save Mark and his co.
You might want to look at the numbers instead of making assumptions: https://s21.q4cdn.com/399680738/files/doc_financials/2021/q4/Q4-2021_Earnings-Presentation-Final.pdf

The metaverse thingy sure is a huge bet, but they're definitely nowhere close to dying.
hero member
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February 06, 2022, 07:52:00 PM
#28
Not a good time for any tech stocks.

When interest rates are rising, there is a tendency for these companies to sink to the ground with their PE ratios.

I would say that they are pretty fairly priced, though. They still have some of the best employees out there and a vast abundance of information, so this could potentially be a good entry point for investors.
legendary
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February 06, 2022, 07:49:57 PM
#27
That's weird if someone is happy with the fall of others
It isn't weird at all if those "others" (like Facebook) are pure fucking evil incarnate.  Sure, that might be my overwrought opinion, but I know I'm not alone in holding it.  Even the inception of Facebook involved deception on the part of Mark Zuckerberg, hence the lawsuit against him by the Winklevii twins--and everything the company has done since then has been geared toward gathering data on people and working with the government to censor views that differ from those in power--just check out this video for one example.  Ugh.  Personally, I'm one of those who'd be happy if FB went belly up.

Say what you like about MySpace, but at least they never sold your data to third parties and governments and spent millions lobbying against privacy laws.
Word.  I can't remember exactly when MySpace lost the face to FB (and I'm too lazy to look it up), but I think it was just before mass data collection and selling of said data became an enormous issue.  But I can't imagine that if MySpace had emerged the winner of the duel that they'd have acted any differently; selling that data is tremendously lucrative, and neither MySpace nor FB were conceived out of charitable feelings, if you know what I'm getting at.
legendary
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February 06, 2022, 04:17:09 PM
#26
People cheered up a lot when Myspace died and FB took over...
Say what you like about MySpace, but at least they never sold your data to third parties and governments and spent millions lobbying against privacy laws.

Whatsapp is great, people still use it every single day, but who knows? Maybe in 10 years a better chat application will come out
There's already a better chat application. It's called Signal. It does everything WhatsApp does and more, is free, open source, fully encrypted, supports voice and video calling, and won't spy on you or sell you out to governments like Meta will. Literally the only reason people ever give for not using it is because "All my friends use WhatsApp". So convince your friends to switch. Why would you willingly choose to be spied on?
legendary
Activity: 3248
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February 06, 2022, 02:33:02 PM
#25
Facebook is going to be the next Nokia?
Are we forgetting that billions of people worldwide are still using Meta Platforms' products lol? They literally just had a single bad quarter and people are already calling for their obsolescence lmao this can't be serious.
Nokia was basically the only mobile phone people wanted to have at one time. I am not saying that Meta products will be gone or anything, all I am saying is that they do not have some sort of superpower that keeps them high. Facebook is used, that's true but it could be replaced by something else, instagram is used and I doubt it would be gone anytime soon but in the future, 5-10 years later, who knows?

Whatsapp is great, people still use it every single day, but who knows? Maybe in 10 years a better chat application will come out, I prefer telegram over whatsapp for example. All in all I have to say that there is a good amount of situation where we could see Meta going bankrupt, doesn't mean it will happen, it just means Meta is not untouchable.
hero member
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February 06, 2022, 01:21:54 PM
#24
FB lost users for the first time and they heavily invested in the future of META which don't look like a good bet to me. All I see is a dead company which refuses to acknowledge its status. Companies rise and fall all the time. People cheered up a lot when Myspace died and FB took over... Guess what, FB is not invincible neither. Something else is killing FB. (Tiktok?) Paypal is also dying and leaving lots of sorry af bagholders behind.

There are too many of those overvalued companies in the markets. One down, many left.
That's weird if someone is happy with the fall of others but i think the one that is happy the most are the owner of the rival company because they can now finally won the competition but the users of the platform were sad because they cannot access their accounts again and it looks like the karma have finally come to facebook. They are now doing what they can to be able to save their beloved company.

They even changed its name because they think people will embrace it but it seems that it was still not enough. On the other hand I do not think paypal is also going to die because there are still users of it and bitcoin or cryptos is not yet accepted on most online stores.
legendary
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February 06, 2022, 12:50:13 PM
#23
According to the above link, Facebook stock plummeted 26%, I have not been following stocks but this is surprising.

This could be off-topic post, Facebook or Meta or what have you has pulled off from Diem or formerly called Libra project and sold it to Silvergate Capital Corporation

Mark Zuckerberg’s stablecoin project Diem officially shuts down
Vale Diem: How Facebook’s ambitious stablecoin project came to an end

Now, there is an opportunity if Libra or something similar comes out and their version of the metaverse works. Hint: They are going to have to reinvent themselves and face a fierce competition.
I totally agree to this if I get you correctly, Meta will not even only be for Facebook, life is competition.

Also off-topic post. About this Meta, I have seen signs of self-centeredness (never mind, I could be wrong), changing its name to Meta to create Metaverse.

The rebranding itself would have been meaningless if it not were accompanied by a declaration of Zucky saying that they will spend 10B in becoming the Metaverse company. Perhaps the declaration or the rebranding in standalone would actually not given enough confidence, let's see if they put the money where their brand is as promised (to themselves mostly).

If you think of it, there canno tbe an universe without a mean of exchange and some short of in-built economy. A tax on that (e.g. owning the coin) is a tax on growth in the purest W. Buffet style.
hero member
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February 06, 2022, 12:45:34 PM
#22
Facebook is going to be the next Nokia?

Are we forgetting that billions of people worldwide are still using Meta Platforms' products lol? They literally just had a single bad quarter and people are already calling for their obsolescence lmao this can't be serious.
But losing 25% of their company value in few hours isn't not a joke though!

Anyway Facebook realized their platform is becoming ghost day by day that is why they moved to the futuristic vision so called metaverse which is still far from implementation hope it will save Mark and his co.
hero member
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February 06, 2022, 11:46:00 AM
#21
  • Apple recent privacy changes
Facebook has remained muted in giving further information on privacy policy and it implementation.

  • For the first time ever, Facebook monthly active users remained flat and the daily active users decreased in the time period between Q3 and Q4
This is one of its greatest fear now, some say it loosing users due to the rush on tik-tok but metaverse remained controversial as Facebook tend to loose stand in the nearest future to metaverse and its meta is part of its own research towards metaverse.



legendary
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February 06, 2022, 11:38:10 AM
#20
Facebook userbase has been growing older and older, what started as a site for college students turned into a site for middle-aged and old people, and there's nothing Facebook can do to get the younger generations back.
Would be glad to include such statistics for a particular period of time bout this coz there are lots of younger people here in my country uses facebook more than any social media websites and lesser percent for older ages.

Edit: Found this from statista[1], 25-34 seems not an older age to me.

[1] https://www.statista.com/statistics/376128/facebook-global-user-age-distribution/

While it doesn't show the age groups that constitute their Daily Active People (DAP) indicator, here's an interesting side from their latest Q4 report[1]:




Do note that these numbers are only regarding Facebook and do not include other products of Meta (Instagram, WhatsApp, Messenger, Oculus...). A good article that explains why Facebook is considered a high-growth company can be seen here[2] but, in sum, anything that shows that Facebook isn't growing as expected is bound to generate a market behavior such as the one we've just seen...

[1]https://s21.q4cdn.com/399680738/files/doc_financials/2021/q4/Q4-2021_Earnings-Presentation-Final.pdf
[2]https://medium.com/@10xre/facebook-the-story-of-a-high-growth-company-b8ad6f0793d6

legendary
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February 06, 2022, 11:34:38 AM
#19
Interestingly, no one wrote that FB failed or died, which is written for Bitcoin in the past two weeks intensified, and in the past 10 years with more or less intensity. When an investor loses 25% overnight on a stock then we pretend it is part of a normal investment, when he loses 10% on Bitcoin then he is a fool who fell into the Ponzi scheme.

For me personally, that company is almost worthless, but someone from the US intelligence community once said that it is the greatest tool for gathering information voluntarily - something like "we used to force people to tell us something, today they do it quite voluntarily". I wonder how Cuckeberg felt when he woke up in the morning and discovered that his personal shares were worth as much as $32 billion less than the day before Roll Eyes
copper member
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February 06, 2022, 11:30:12 AM
#18
Investors were not impressed with the "metaverse" thing that brings nothing than a childish dream. The experience wasn't good, the graphics suck, just a bit better than minecraft. This VR thing will not be mainstream, as long as the device still using a small TV in front of the user's eyes and the environment isn't fully 3D. Probably 20 years from now, we may have the technology to do proper VR. Investors just don't want to wait that long. Moreover, the FB et al. advertisement revenue isn't doing well because of recession.
hero member
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February 06, 2022, 11:22:13 AM
#17
Facebook userbase has been growing older and older, what started as a site for college students turned into a site for middle-aged and old people, and there's nothing Facebook can do to get the younger generations back.
Would be glad to include such statistics for a particular period of time bout this coz there are lots of younger people here in my country uses facebook more than any social media websites and lesser percent for older ages.

Edit: Found this from statista[1], 25-34 seems not an older age to me.

[1] https://www.statista.com/statistics/376128/facebook-global-user-age-distribution/
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