Facebook value continues to decline

I hear bubbles popping again.

I wonder how many of these 800 million accounts are actually active. Just from the 238 friends I have, at least 25 have never made one post.

I used to enjoy going on there but with the latest round of changes the site is so convoluted and full of ads it's become the CiCi's of the Internet.

Out of all the new accounts, most are people with multiple accounts. that's why they never post. People do it all the time in order to play the games or earn bonuses for whatever...

As for a 'bubble'... that may indeed be true. It happens to anything. People are fickle. The net is just an extension. Facebook has however proven itself over an extended period of time and expense & probably would service a huge hit despite a burst, like that say of Amazon & Newegg.

I think what we're seeing here is a a simple European flux & pre-holiday saturation buying burnout. The elitists don't want to pay any more & simply just won't. Not with their money. How else do you think they got rich in the first place. They'll wait till the new year for all the day traders to chomp at the bit & dim wittedly throw $75 a stock. So long as 'they' are paying for it, the elitists will buy up in the margin like crazy & put it on their tab.

It's good 'Merican business. I mean that's what got us into the Great Depression & the Wall Street Crash...

I have predicted FB to sooner rather than later FLOP and sincerely hope it does. It's a wasteful, unflowing, crappy site and worthless in the long run.

1.5 years ago it was something like 100 billion in value and now at 70. In three years it'll be worth 40 and will ever drop lower and lower because people eventually...............wisen up.

Unfortunately that is why people are dumb now......because it takes so long to smarten up regarding stupid crap like FB, MySpace and twitter.

FB junkies are losers! If you're wondering what a junky is......YOU KNOW WHO YOU ARE

Ever since they kept changing it over and over again, they screwed it up. Facebook's magic was its simplicity. You could see all your friends. Easily see what they have to say, etc.

Now you have to make all these stupid lists. They seem so concerned about trying to figure out who knows who, and who is family with who that Facebook has become about the company trying to extract your personal info and revealing your friends lists, rather than about the individual user and the experience and value they get out of using Facebook.

This comes from them not knowing and accepting their role and wanting to continually expand their intrusion into people's privacy. Most of the changes they make leave the impression that it's more about them than it is about us, the users.

Originally posted by ChiefBrdy:

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I wonder how many of these 800 million accounts are actually active. Just from the 238 friends I have, at least 25 have never made one post.

I used to enjoy going on there but with the latest round of changes the site is so convoluted and full of ads its become the CiCis of the Internet.

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Originally posted by hearme0:

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I have predicted FB to sooner rather than later FLOP and sincerely hope it does. It's a wasteful, unflowing, crappy site and worthless in the long run.

1.5 years ago it was something like 100 billion in value and now at 70. In three years it'll be worth 40 and will ever drop lower and lower because people eventually...............wisen up.

Unfortunately that is why people are dumb now......because it takes so long to smarten up regarding stupid crap like FB, MySpace and twitter.

FB junkies are losers! If you're wondering what a junky is......YOU KNOW WHO YOU ARE

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At least it's still $30 more than its true value.