As a compulsive Twitter user who follows the Russian invasion of Ukraine non-stop, I thank Elon from the bottom of my heart for ridding me of my addiction. I am also trying to launch a product, so the timing is [chef's kiss]/
Tell HN: Twitter switched temporarily to rate limited mode
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Re: Tell HN: Twitter switched temporarily to rate limited mode
#542Reminder that Elon didn't even intend to buy Twitter He wanted to sell ~$2.5 Billion Tesla stock at all-time highs without causing the stock price to significantly deflate, so he used the Twitter purchase suggestion as a cover. He did similar pump and dump schemes with crypto - like Dogecoin - but because Elon is fundamentally a dumb guy, he did the extraordinarily stupid thing of signing a purchase agreement with Tw…
My impression was that he bought Twitter for the reasons you say, but failed to predict the dip in the market that followed it. If Twitter stock hadn't sunken immediately like a stone, he probably would have pulled it off, too, even after the signing the agreement. If indeed the Twitter deal was manipulation to leave poorer investors holding the Tesla bag, it's hard to feel sorry for him.
It seems like loading Twitter up with debt servicing was always a bad idea, stock dip or not, considering what its revenues were like. It wasn't in great shape before but the amount of money it now has to spend servicing debt is a nightmare for anyone trying to make that company profitable. His strategy for buying it simply doesn't make sense.
Re: Tell HN: Twitter switched temporarily to rate limited mode
#543This is hilarious. It appears that Twitter is DDOSing itself. The Twitter home feed's been down for most of this morning. Even though nothing loads, the Twitter website never stops trying and trying. In the first video, notice the error message that I'm being rate limited. Then notice the jiggling scrollbar on the right. The second video shows why it's jiggling. Twitter is firing off about 10 requests a second to its…
> Twitter is firing off about 10 requests a second to itself to try and fetch content that never arrives because Elon's latest genius innovation is to block people from being able to read Twitter without logging in. Hey, just as an FYI, this comment doesn't make any sense. Why would blocking people from viewing the TL on the home page cause Twitter more stress?
> Hey, just as an FYI, this comment doesn't make any sense.
You need to understand that there is a huge gulf between "this doesn't make any sense" and "I don't understand this".
Re: Tell HN: Twitter switched temporarily to rate limited mode
#544I'm increasingly concerned that Bluesky has missed its moment. It got a ton of hype when it started rolling out invites, but that died down pretty quickly. Now it's been a couple months and they're still not open. Events like this would be a perfect opportunity to grab users from Twitter. But they're not ready.
Don't forget about Nostr, which has seen an absolutely incredible amount of development over the last 6 months.
Damus (ios) - https://apps.apple.com/us/app/damus/id1628663131
Amethyst (android) - https://play.google.com/store/apps/details?id=com.vitorpampl...
Satellite (web) - https://satellite.earth
Primal (web) - https://primal.net
Iris (web) - https://iris.to
Snort (web) - https://snort.social
Coracle (web) - https://app.coracle.social
All interoperable. All open source.
Re: Tell HN: Twitter switched temporarily to rate limited mode
#545Update from Elon: https://twitter.com/elonmusk/status/1675214274627530754 > Rate limits increasing soon to 8000 for verified, 800 for unverified & 400 for new unverified lolwut. Quoting a post from Mastodon: https://mstdn.social/@maxkennerly/110640373859329500 > LOL this is not how you deal with "data scraping," this is how you deal with a catastrophic loss of system capacity. > You limit data scraping by blocking th…
> You limit data scraping by blocking things a human user couldn't do, like access a thousand posts a minute. This is aimed directly at reducing normal activity across the whole system. This isn't accurate at all. Standard operating procedure for large-scale scraping is to use a botnet, it's a sybil attack where you can have tens or even hundreds of thousands of IPs ticking away at 10 requests per minute or some such…
Wouldn't limiting the number of IP addresses that can log in as a single user avoid the botnet problem?
That said, someone mentioned that the login page alone involves 11 MB of data transfer, so maybe that is the problem they are confronted with.
Re: Tell HN: Twitter switched temporarily to rate limited mode
#546Did Elon not pay the AWS bill? Is that what this is about?
Re: Tell HN: Twitter switched temporarily to rate limited mode
#547I knew the end of the cheap money era would cause some businesses to be exposed but wow. We are basically in the middle of watching someone flush 44 billion down the drain. I could understand if it was a 600 posting limit. But a 600 viewing limit? wow. For example, NBA free agency just started. There are types of trades & signings being talked about. Just looking at that information I'm going past the 600 limit in ab…
I don't think this is because of the "end of cheap money" (I don't think this high interest rate environment will last that long) but just sheer incompetence by Musk and his staff. Elon has become increasingly erratic on the platform, he just tweeted recently a reply to a Tweet saying Islam would take over France. I don't know if he's always been like this or if the stories of his heavy ketamine usage are true and ta…
>>I don't think this is because of the "end of cheap money"
Explain just about all platforms doing revenue adjusting user hostile actions then? Examples include Reddit with the API fees, YT with the Ad Blocking blocking. etc
This is all a reaction to the end of cheap money, aka the cost of capital is going up, so companies need to actually make revenue instead of chasing free capital
>>I don't think this high interest rate environment will last that long
There is no indication this true, most likely the "new normal" is going to be on the order of rates before the 2008 housing crash, not going back to the insanity of 0-1% fed rates...
Re: Tell HN: Twitter switched temporarily to rate limited mode
#548Reminder that Elon didn't even intend to buy Twitter He wanted to sell ~$2.5 Billion Tesla stock at all-time highs without causing the stock price to significantly deflate, so he used the Twitter purchase suggestion as a cover. He did similar pump and dump schemes with crypto - like Dogecoin - but because Elon is fundamentally a dumb guy, he did the extraordinarily stupid thing of signing a purchase agreement with Tw…
[flagged]
Is your comment the reverse of the great philosophical statement "If you're so clever why aren't you rich?".
Re: Tell HN: Twitter switched temporarily to rate limited mode
#549Earlier quoted context omitted.
Blue sales ultimately can't hope to come close to what big brand ads used to give. And ironically enough, blue currently works as a crappy version of advertising thanks to the reply ranking. The promises of prioritizing "high-quality content" never came true; all we see are mid takes and, if you speak Mandarin, AI-powered sex scambots. Well, worse for us plebs. Not sure if it's worse for the buyers.
> Blue sales ultimately can't hope to come close to what big brand ads used to give. I don't know, I think the hope is there. With these rate limits and some Fermi estimates, we can guess what Twitter's hoped-for revenue per user might be. Suppose that this move is designed to move regular users over to Twitter Blue, and a regular user might ordinarily see 2000 tweets per day. Suppose further that Twitter would show…
Nope. Blue users aren't going to see ads at all.
Re: Tell HN: Twitter switched temporarily to rate limited mode
#550Earlier quoted context omitted.
I don't think this is because of the "end of cheap money" (I don't think this high interest rate environment will last that long) but just sheer incompetence by Musk and his staff. Elon has become increasingly erratic on the platform, he just tweeted recently a reply to a Tweet saying Islam would take over France. I don't know if he's always been like this or if the stories of his heavy ketamine usage are true and ta…
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I don’t know how to tell you this…but you’re delusional.