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Tech Bubble? Maybe, Maybe Not

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Re: Tech Bubble? Maybe, Maybe Not

#51
post #33

Earlier quoted context omitted.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffett

So what do you do when people are gathering here to be fearful because others are being greedy?

"I don't invest in markets I don't understand." --Warren Buffet

Re: Tech Bubble? Maybe, Maybe Not

#52

Earlier quoted context omitted.

> Even if I used Twitter, it wouldn't be hard to just go find all the same people on Facebook or whatever and follow them there. The fact that Twitter overlaps with other services like Facebook doesn't mean it's not valuable. For example, to take one of your own examples: > If Google decided to start charging $10/mo for search? A lot of people would pay it. "Even if I used Google, it wouldn't be hard to just go enter…

> "Even if I used Google, it wouldn't be hard to just go enter the same searches on Bing or DuckDuckGo and find web sites there instead." Okay, go try that and compare the results. It's not about overlapping, it's about it being equivalent. Bing and DuckDuckGo are not equivalent to Google. They are inferior products. That may change (I hope it does) but for now that is how it is.

You could make the same counter-argument about Facebook and Twitter. If you really think they're interchangeable, that just tells me that you don't value the things that many of their users do.

Edit: Downvoted your original comment by accident, and there's no undo button. Sorry. :( Maybe someone else reading this can fix that?

Re: Tech Bubble? Maybe, Maybe Not

#53

Earlier quoted context omitted.

> "Even if I used Google, it wouldn't be hard to just go enter the same searches on Bing or DuckDuckGo and find web sites there instead." Okay, go try that and compare the results. It's not about overlapping, it's about it being equivalent. Bing and DuckDuckGo are not equivalent to Google. They are inferior products. That may change (I hope it does) but for now that is how it is.

You could make the same counter-argument about Facebook and Twitter. If you really think they're interchangeable, that just tells me that you don't value the things that many of their users do. Edit: Downvoted your original comment by accident, and there's no undo button. Sorry. :( Maybe someone else reading this can fix that?

> You could make the same counter-argument about Facebook and Twitter. If you really think they're interchangeable, that just tells me that you don't value the things that many of their users do.

I don't think you could. Facebook doesn't offer an inferior product to Twitter, it offers products that are effectively the same, and come packaged with other products.

I really don't think many people value the 140-character limit, which is the only core difference between Twitter and Facebook feeds.

I can totally identify with the criticism that I don't value the same things as Twitter/Facebook users (I don't have accounts on either service). But I think I'm capable of empathizing with them and extrapolating what they value from each product.

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