What is Facebook About?

Discussion in 'Off-Topic' started by Glenn Holland, Feb 18, 2015.

  1. Glenn Holland

    Thread Starter Member

    Dec 26, 2014
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    I read that Facebook is now valued at about $20 Billion -yes $20Billion.

    It's called a "Social Networking" site, however what in the Hell is Facebook about and what does it do that provides a huge return on investment worthy of being declared at a $20 Billion value? There are lots of solidly established industrial companies that actually make things and are productive, but they are not even on the stock market, much less valued at $20 Billion.

    Out of curiosity, I opened an account on Facebook and I swear it is one of the most obscure, worthless sites on the entire net. All I see is a bunch of boring chit chat, personal photos, and other nonsensical rhetoric (Joe Schmoe"Liked this" or "Share A link", "Invited someone as a friend", "Updated his timeline photo", "Write Something"), etc. etc. The design of the site itself is extremely mediocre and it resembles something put together by a group of high school students taking a class in webpage design 101-A.

    I often refer to its founder as Mark "Suckerberg" because anyone that invests any $$$ in that venture has got to be completely gullible. In addition to Facebook being an inflated and overvalued, the current high-riding stock market is phony as a $3 bill and headed for a mega collapse that will be worse than 2008.
     
  2. spinnaker

    AAC Fanatic!

    Oct 29, 2009
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    One word.

    Vanity.
     
  3. GopherT

    AAC Fanatic!

    Nov 23, 2012
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    That's the point of the market. If you think prices are high, sell.
    If you already sold and you think they are still high, don't buy but keep your cash ready to buy when prices drop.
    In any case, there is no reason to complain - just take action (or plan your action.)
     
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  4. Glenn Holland

    Thread Starter Member

    Dec 26, 2014
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    The current stock market is nothing less than a glorified casino and the object is not investing in productivity, but playing "Chicken" and cashing out before high riding (but worthless) stock tanks.

    However, the really bad part is the whole U.S. economy is based on this Ponzie Scheme and when it collapses, the entire country will wind up in a hard core depression.,

    I have no direct investments in stocks and despite the climbing market, I don't intend to invest anything either.
     
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  5. #12

    Expert

    Nov 30, 2010
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    Facebook is about providing fertile ground for jokes by people like us.
    Facebook is for all the people that can't have a thought or a feeling without it coming out their mouth.
    Facebook is where you reveal your real identity and location to every criminal that can read.

    We can make a 1000 post thread out of this. :D
     
    Last edited: Feb 19, 2015
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  6. MaxHeadRoom

    Expert

    Jul 18, 2013
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    I know someone in the debt collection business and they now have an excellent way of tracking those that have 'Disappeared':rolleyes:
    Max.
     
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  7. #12

    Expert

    Nov 30, 2010
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    I believe this fact was established in 1929...or earlier.
     
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  8. amilton542

    Active Member

    Nov 13, 2010
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    I used to have it, not anymore. I'm too boring and introverted to have a Facebook account.
     
  9. strantor

    AAC Fanatic!

    Oct 3, 2010
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    Facebook is where I post my duckface selfies and watch my "likes" come pouring in. I get off on that, sooo good. You can't put a price on that, and damn you for trying to.
     
    DerStrom8 likes this.
  10. gerty

    AAC Fanatic!

    Aug 30, 2007
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    We have a bounty hunter, catches bond jumpers by using facebook. "It's kinda like the county fair, they just can't stay away"
     
  11. JoeJester

    AAC Fanatic!

    Apr 26, 2005
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    Facebook is a place where the company places advertisements in the millions of users, getting a lot of clicks thru, making them worth the 20 B figure.

    All the social media sites have the potential to make some cash ... as there are quite the number of people who think you need to know every detail of their life.
     
  12. Glenn Holland

    Thread Starter Member

    Dec 26, 2014
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    Just what I thought - Another media for advertising.

    I knew Facebook was just another infomercial when I saw an ad for Heinz Ketchup that said "Like Us On Facebook" with the Blue "F" logo. I bet Scott Tissue is on there too!!! :p
     
  13. JoeJester

    AAC Fanatic!

    Apr 26, 2005
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    Just about every business is tied into social media as well. Like us on .... pick the outlet.

    There is a new breed of employees who do nothing but search social media and respond to the negatives they read ... or try to minimize the damage it can do.
     
  14. Glenn Holland

    Thread Starter Member

    Dec 26, 2014
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    Actually, Craigslist is my favorite site for mudslinging anyone or anything (especially politicians and the government) and I can hide behind a wall of anonymity too boot!!! :p
     
  15. atferrari

    AAC Fanatic!

    Jan 6, 2004
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    It is pure exhibitionism where couples, kids, babes, daughters, siblings, pets, houses, landscapes, cars,.... (fill with your preferred item) is always nothing less than cute, beautiful, lovely, unbelievable, unforgettable, young and similar, quite often followed by more than one exclamation mark.
     
  16. ScottWang

    Moderator

    Aug 23, 2012
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    Why the the price of facebook so high, because the numbers, the number of members, the people gathering, and the advertisement coming and money coming, although the google wanting to follow the way to get into the market, but it doesn't work well, as the other companies trying to follow the methods as google did, but only one google, so only one facebook.

    Maybe you don't like that, but a lots of people like, the first is the students, that's what they start from, and then the groups, a lots of groups, and the companies joined, the relative sharing their details for each other, the friends also do the same things, the workers when they feel boring, like as when you joined here, but maybe many people don't like, they feel too boring here, but they felt that the facebook is more fun.

    The interface of facebook is really not so good, but over billions people like that, the people over 46% used facebook in the North America, someday a new style of website will be coming, and that will be soon.
     
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  17. GaryCole

    New Member

    Jan 6, 2015
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    Yes, now Facebook is more for business than for social network for people.
     
  18. Kermit2

    AAC Fanatic!

    Feb 5, 2010
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    Kim Kardashian Big Ol Booty.

    That is the sum total of my facebook knowledge. Its a lot of knowlwdge. :)
     
  19. djsfantasi

    AAC Fanatic!

    Apr 11, 2010
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    Two words: Family and Community.

    My family is spread across the four corners of the USA. We can keep track of each other and share our family moments.

    Community. I have several groups. High school friends, college friends, New Hampshire friends, NE Patriots fans...
     
  20. #12

    Expert

    Nov 30, 2010
    16,355
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    I use email for that.
     
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