Facebook: Greatest Pump and Dump?
- Thread starter blackzeus
- Start date
One of the greatest. You could see this shyt coming a mile away tho. Who the fukk thought Facebook was here for the long run? Plenty of warning signs out there.
Stock Market= Legal gambling/Huge fukking Ponzi scheme
If you not on the inside you fukked
Stock Market= Legal gambling/Huge fukking Ponzi scheme
If you not on the inside you fukked
Dap, you would think after Myspace, people would have learned. Wasn't this company priced at like 100x revenue?
Raymond Cyst
Pro
I don't think there will ever be a social networking site that's gonna be around and as big as Myspace was, Facebook is etc. It's too monotonous and people will tire of it.
Sites like Google, Wikipedia etc. are here to stay I think, but not social networking, it'll always be on to the next one.
Sites like Google, Wikipedia etc. are here to stay I think, but not social networking, it'll always be on to the next one.
So I'm guessing it didn't get that 100 Billion dollar valuation? 
Scustin Bieburr
Baby baybee baybee UUUGH
So then where will we go from here? I can't really see any new social networking service taking over.
Hannibal Fox
Eetwidomayloh
They said that with Myspace.
There's a gang of Social Networking sites out there and more in the pipeline.
Easily enron
how is it Enron?
Makeitrain
Rookie
There are, I agree, but imagine the hassle of moving your whole life from FB to somewhere else - are all of those millions of people gonna bother?
I think society is kinda locked into Facebook now.
Having said that, it was massively overvalued. Just depends on how much advertising can become more and more targeted, and therefore more and more lucrative.
Jewberg grifted everybody that was stupid enough to invest in that piece of shyt stock, and he did it all legally too 
Why would anyone invest with a guy that's like "I'm not in it to make money" lol...