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03-14

What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?

Bitcoin Halving: When Will It Happen and What Does It Mean for the Price?

2023-09-11

Its not Musk's fault. Its just not relevant nowadays

Twitter Downloads Hit Lowest Level in a Over a Decade As Usage Nears a Yearly Low Under Elon Musk's Ownership

2023-05-09

This person deserves to be put in jail for lying and mismanaging the economy.

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and whether it is playing a role in its ascent.</p><p>Depending on where you sit, the halving is a vital event that will burnish bitcoin&#39;s value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.</p><p>But what exactly is it, and does it really matter?</p><h2 id=\"id_701305513\" style=\"text-align: start;\">WHAT IS IT?</h2><p>The halving is a change in bitcoin&#39;s underlying blockchain technology, designed to reduce the rate at which new bitcoins are created.</p><p>Bitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.</p><p>Nakamoto wrote the halving into bitcoin&#39;s code and it works by reducing the rate at which new bitcoin are released into circulation.</p><p>So far, about 19 million tokens have been released.</p><h2 id=\"id_1544919212\" style=\"text-align: start;\">HOW DOES IT HAPPEN?</h2><p>Blockchain technology involves creating records of information - called &#39;blocks&#39; - which are added to the chain in a process called &#39;mining&#39;.</p><p>Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.</p><p>At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.</p><p>WHEN WILL IT HAPPEN?</p><p>There is no set date, but it is expected to take place in late April.</p><p>The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain. This means it happens roughly every four years.</p><h2 id=\"id_2428863025\" style=\"text-align: start;\">WHAT&#39;S IT GOT TO DO WITH BITCOIN&#39;S PRICE?</h2><p>Some bitcoin enthusiasts say that bitcoin&#39;s scarcity gives it value.</p><p>The lower the supply of a commodity, then all other things being equal the price should rise when people try and buy more.</p><p>So reducing supply of bitcoin should lift the price, some analysts and traders say.</p><p>Others dispute the logic, noting that any impact would have already been factored in to the current price.</p><p>The supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce.</p><p>If miners sell their reserves, that could put downward pressure on prices.</p><p>Knowing what is behind a crypto rally is hard, not least as there is far less transparency about who is buying and why relative to other markets.</p><p>The most common reason given for this year&#39;s surge is the U.S. Securities and Exchange Commission&#39;s January approval of bitcoin ETFs, as well as expectations that central banks will cut interest rates.</p><p>But in the speculative world of crypto trading, explanations given by analysts for changes in bitcoin&#39;s price can snowball into market narratives that can become self-fulfilling.</p><h2 id=\"id_2480998271\" style=\"text-align: start;\">WHAT ABOUT PREVIOUS HALVINGS?</h2><p>There&#39;s no evidence to suggest that previous halvings have caused bitcoin&#39;s price to rise.</p><p>Still, traders and miners have studied past halvings to try and gain an edge.</p><p>When the last halving happened on May 11, 2020, the price rose around 12% in the following week.</p><p>Later in the year, bitcoin began a sharp rally, but there were lots of explanations - including loose monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies - for this and no real evidence the halving was behind it.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1d0577cfecee557134cc058bdb9d4917\" alt=\"Reuters Graphics\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1000\"/><span>Reuters Graphics</span></p><p>An earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later.</p><p>In short: it&#39;s hard to isolate the impact, if any, halvings may have had in the past or predict what could happen this time around.</p><p>Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and &#34;FOMO&#34; (Fear Of Missing Out), and poses real harm to investors, even as they simultaneously approve bitcoin trading products.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Halving: When Will It Happen and What Does It Mean for the Price?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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and whether it is playing a role in its ascent.</p><p>Depending on where you sit, the halving is a vital event that will burnish bitcoin&#39;s value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.</p><p>But what exactly is it, and does it really matter?</p><h2 id=\"id_701305513\" style=\"text-align: start;\">WHAT IS IT?</h2><p>The halving is a change in bitcoin&#39;s underlying blockchain technology, designed to reduce the rate at which new bitcoins are created.</p><p>Bitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.</p><p>Nakamoto wrote the halving into bitcoin&#39;s code and it works by reducing the rate at which new bitcoin are released into circulation.</p><p>So far, about 19 million tokens have been released.</p><h2 id=\"id_1544919212\" style=\"text-align: start;\">HOW DOES IT HAPPEN?</h2><p>Blockchain technology involves creating records of information - called &#39;blocks&#39; - which are added to the chain in a process called &#39;mining&#39;.</p><p>Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.</p><p>At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.</p><p>WHEN WILL IT HAPPEN?</p><p>There is no set date, but it is expected to take place in late April.</p><p>The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain. This means it happens roughly every four years.</p><h2 id=\"id_2428863025\" style=\"text-align: start;\">WHAT&#39;S IT GOT TO DO WITH BITCOIN&#39;S PRICE?</h2><p>Some bitcoin enthusiasts say that bitcoin&#39;s scarcity gives it value.</p><p>The lower the supply of a commodity, then all other things being equal the price should rise when people try and buy more.</p><p>So reducing supply of bitcoin should lift the price, some analysts and traders say.</p><p>Others dispute the logic, noting that any impact would have already been factored in to the current price.</p><p>The supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce.</p><p>If miners sell their reserves, that could put downward pressure on prices.</p><p>Knowing what is behind a crypto rally is hard, not least as there is far less transparency about who is buying and why relative to other markets.</p><p>The most common reason given for this year&#39;s surge is the U.S. Securities and Exchange Commission&#39;s January approval of bitcoin ETFs, as well as expectations that central banks will cut interest rates.</p><p>But in the speculative world of crypto trading, explanations given by analysts for changes in bitcoin&#39;s price can snowball into market narratives that can become self-fulfilling.</p><h2 id=\"id_2480998271\" style=\"text-align: start;\">WHAT ABOUT PREVIOUS HALVINGS?</h2><p>There&#39;s no evidence to suggest that previous halvings have caused bitcoin&#39;s price to rise.</p><p>Still, traders and miners have studied past halvings to try and gain an edge.</p><p>When the last halving happened on May 11, 2020, the price rose around 12% in the following week.</p><p>Later in the year, bitcoin began a sharp rally, but there were lots of explanations - including loose monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies - for this and no real evidence the halving was behind it.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1d0577cfecee557134cc058bdb9d4917\" alt=\"Reuters Graphics\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1000\"/><span>Reuters Graphics</span></p><p>An earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later.</p><p>In short: it&#39;s hard to isolate the impact, if any, halvings may have had in the past or predict what could happen this time around.</p><p>Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and &#34;FOMO&#34; (Fear Of Missing Out), and poses real harm to investors, even as they simultaneously approve bitcoin trading products.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRRR":"Valkyrie Bitcoin Fund","BITO":"ProShares Bitcoin ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念","DEFI":"Hashdex Bitcoin ETF","BITB":"Bitwise Bitcoin ETF","EZBC":"Franklin Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","GBTC":"Grayscale Bitcoin Trust","BTCO":"Invesco Galaxy Bitcoin ETF","ARKB":"ARK 21Shares Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","IBIT":"iShares Bitcoin Trust"},"source_url":"https://news.google.com/rss/articles/CBMiVmh0dHBzOi8vd3d3LnJldXRlcnMuY29tL3RlY2hub2xvZ3kvd2hhdC1pcy1iaXRjb2lucy1oYWx2aW5nLWRvZXMtaXQtbWF0dGVyLTIwMjQtMDMtMTMv0gEA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2419658178","content_text":"LONDON, March 13 (Reuters) - As bitcoin's price reaches new heights, attention is turning to its upcoming \"halving\" and whether it is playing a role in its ascent.Depending on where you sit, the halving is a vital event that will burnish bitcoin's value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.But what exactly is it, and does it really matter?WHAT IS IT?The halving is a change in bitcoin's underlying blockchain technology, designed to reduce the rate at which new bitcoins are created.Bitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.Nakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.So far, about 19 million tokens have been released.HOW DOES IT HAPPEN?Blockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.WHEN WILL IT HAPPEN?There is no set date, but it is expected to take place in late April.The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain. This means it happens roughly every four years.WHAT'S IT GOT TO DO WITH BITCOIN'S PRICE?Some bitcoin enthusiasts say that bitcoin's scarcity gives it value.The lower the supply of a commodity, then all other things being equal the price should rise when people try and buy more.So reducing supply of bitcoin should lift the price, some analysts and traders say.Others dispute the logic, noting that any impact would have already been factored in to the current price.The supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce.If miners sell their reserves, that could put downward pressure on prices.Knowing what is behind a crypto rally is hard, not least as there is far less transparency about who is buying and why relative to other markets.The most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, as well as expectations that central banks will cut interest rates.But in the speculative world of crypto trading, explanations given by analysts for changes in bitcoin's price can snowball into market narratives that can become self-fulfilling.WHAT ABOUT PREVIOUS HALVINGS?There's no evidence to suggest that previous halvings have caused bitcoin's price to rise.Still, traders and miners have studied past halvings to try and gain an edge.When the last halving happened on May 11, 2020, the price rose around 12% in the following week.Later in the year, bitcoin began a sharp rally, but there were lots of explanations - including loose monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies - for this and no real evidence the halving was behind it.Reuters GraphicsAn earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later.In short: it's hard to isolate the impact, if any, halvings may have had in the past or predict what could happen this time around.Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and \"FOMO\" (Fear Of Missing Out), and poses real harm to investors, even as they simultaneously approve bitcoin trading products.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":218559130513520,"gmtCreate":1694393959929,"gmtModify":1694396804214,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"Its not Musk's fault. Its just not relevant nowadays","listText":"Its not Musk's fault. Its just not relevant nowadays","text":"Its not Musk's fault. Its just not relevant nowadays","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/218559130513520","repostId":"1166976883","repostType":2,"repost":{"id":"1166976883","pubTimestamp":1694389591,"share":"https://ttm.financial/m/news/1166976883?lang=&edition=fundamental","pubTime":"2023-09-11 07:46","market":"us","language":"en","title":"Twitter Downloads Hit Lowest Level in a Over a Decade As Usage Nears a Yearly Low Under Elon Musk's Ownership","url":"https://stock-news.laohu8.com/highlight/detail?id=1166976883","media":"Insider","summary":"Twitter usage surged in the early days of Elon Musk's ownership.In recent months, the app now named X has seen a decline in usage, web traffic, and downloads.Downloads of the app are now lower than th","content":"<html><head></head><body><ul style=\"\"><li><p>Twitter usage surged in the early days of Elon Musk&#39;s ownership.</p></li><li><p>In recent months, the app now named X has seen a decline in usage, web traffic, and downloads.</p></li><li><p>Downloads of the app are now lower than the years prior to Twitter going public.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/474284b64cc4d48e69530bc54ec777e0\" alt=\"Elon Musk.\" title=\"Elon Musk.\" tg-width=\"700\" tg-height=\"467\"/><span>Elon Musk.</span></p><p style=\"text-align: left;\">Twitter is now downloaded less often than it has in over a decade after an abrupt rebrand and an escalation of controversy driven by its owner Elon Musk.</p><p style=\"text-align: left;\">Since the start of July, the app&#39;s downloads have fallen by almost 30% compared to the preceding two months, according to data from app performance tracker Apptopia. That was the same month Musk decided to rename the company X, ignoring conventional branding wisdom and the wishes of CEO Linda Yaccarino. Compared to the same period last year, just prior to Musk&#39;s $44 billion takeover, downloads are down 18%.</p><p style=\"text-align: left;\">It&#39;s one of the worst showings of interest in the app since before it went public in 2013. Twitter has gained usually 15 million to 30 million users a month since 2011, according to filings with the Securities and Exchange Commission. It gained just 10 million users between August and September of this year.</p><p style=\"text-align: left;\">Downloads of the app fell in nearly every country where Twitter, or X, is available, including its biggest markets like the US, UK, and Japan, according to Apptopia. Visits to the web version of X, which still operates as twitter.com, fell since the start of the year, with global web traffic down 10% in August and US traffic down 15%, compared to a year ago, according to an analysis by Similarweb.</p><p style=\"text-align: left;\">Usage of the app also slipped on a daily and monthly basis, with millions fewer people opening the app regularly. So far in September, daily users are down to 249 million, a roughly 2% decrease since July when daily users were at nearly 253 million. Monthly users are down by about the same percentage, now at 393 million users from 398 million in July.</p><p style=\"text-align: left;\">Musk has said he expects Twitter to reach 1 billion users a month by 2024. To reach that goal, he will have to find a way in the next few months to almost triple the number of monthly users. More recently, the billionaire admitted the company as a whole &#34;may fail.&#34;</p><p style=\"text-align: left;\">After Musk took over the app last October, downloads and usage surged after remaining relatively flat throughout the months between his offer to buy the company in April and the deal officially closing in late October. Usage dipped early this year to around 249 million users per day. Although usage began to pick up again in April, daily and monthly users have been on a steady decline since late May, when daily users peaked at 252 million, Apptopia data shows.</p><p style=\"text-align: left;\">Musk has dramatically cut staff since his takeover, including conducting further layoffs this week to X&#39;s trust and safety team, leaving only a few such workers to oversee content at the company, according to a person familiar with the company who asked to remain anonymous for fear of retribution. Meanwhile, advertisers continue to avoid X, decimating its business.</p><p style=\"text-align: left;\">The apparent decline in downloads coincides with Musk&#39;s ongoing changes and politically charged use of the app. Most days, Musk himself becomes a trending topic on X, leading it to become more of a platform about its billionaire owner than a place for keeping up with a day&#39;s events or broad public conversation.</p><p style=\"text-align: left;\">Musk has reveled in promoting false information, overseen and allowed a rise in antisemitic commentary, and changed the algorithm to promote posts and comments of paid subscribers over all else. Musk in turn has lambasted and sued third parties critical of how the site has changed under his leadership.</p><p style=\"text-align: left;\">A representative of X did not respond to a request for comment. An automated reply to the company&#39;s media contact line said, &#34;Busy now, please check back later.&#34;</p></body></html>","source":"Insider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter Downloads Hit Lowest Level in a Over a Decade As Usage Nears a Yearly Low Under Elon Musk's Ownership</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter Downloads Hit Lowest Level in a Over a Decade As Usage Nears a Yearly Low Under Elon Musk's Ownership\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-11 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businessinsider.com/twitter-downloads-usage-sinks-under-elon-musk-ownership-2023-9?_gl=1*su1yhj*_ga*MTg0NzY4ODM4Mi4xNjg2OTgyMzcy*_ga_E21CV80ZCZ*MTY5NDI4NjI2My4xMDkuMS4xNjk0Mjg2MzAwLjIzLjAuMA..><strong>Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter usage surged in the early days of Elon Musk's ownership.In recent months, the app now named X has seen a decline in usage, web traffic, and downloads.Downloads of the app are now lower than ...</p>\n\n<a href=\"https://www.businessinsider.com/twitter-downloads-usage-sinks-under-elon-musk-ownership-2023-9?_gl=1*su1yhj*_ga*MTg0NzY4ODM4Mi4xNjg2OTgyMzcy*_ga_E21CV80ZCZ*MTY5NDI4NjI2My4xMDkuMS4xNjk0Mjg2MzAwLjIzLjAuMA..\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter"},"source_url":"https://www.businessinsider.com/twitter-downloads-usage-sinks-under-elon-musk-ownership-2023-9?_gl=1*su1yhj*_ga*MTg0NzY4ODM4Mi4xNjg2OTgyMzcy*_ga_E21CV80ZCZ*MTY5NDI4NjI2My4xMDkuMS4xNjk0Mjg2MzAwLjIzLjAuMA..","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166976883","content_text":"Twitter usage surged in the early days of Elon Musk's ownership.In recent months, the app now named X has seen a decline in usage, web traffic, and downloads.Downloads of the app are now lower than the years prior to Twitter going public.Elon Musk.Twitter is now downloaded less often than it has in over a decade after an abrupt rebrand and an escalation of controversy driven by its owner Elon Musk.Since the start of July, the app's downloads have fallen by almost 30% compared to the preceding two months, according to data from app performance tracker Apptopia. That was the same month Musk decided to rename the company X, ignoring conventional branding wisdom and the wishes of CEO Linda Yaccarino. Compared to the same period last year, just prior to Musk's $44 billion takeover, downloads are down 18%.It's one of the worst showings of interest in the app since before it went public in 2013. Twitter has gained usually 15 million to 30 million users a month since 2011, according to filings with the Securities and Exchange Commission. It gained just 10 million users between August and September of this year.Downloads of the app fell in nearly every country where Twitter, or X, is available, including its biggest markets like the US, UK, and Japan, according to Apptopia. Visits to the web version of X, which still operates as twitter.com, fell since the start of the year, with global web traffic down 10% in August and US traffic down 15%, compared to a year ago, according to an analysis by Similarweb.Usage of the app also slipped on a daily and monthly basis, with millions fewer people opening the app regularly. So far in September, daily users are down to 249 million, a roughly 2% decrease since July when daily users were at nearly 253 million. Monthly users are down by about the same percentage, now at 393 million users from 398 million in July.Musk has said he expects Twitter to reach 1 billion users a month by 2024. To reach that goal, he will have to find a way in the next few months to almost triple the number of monthly users. More recently, the billionaire admitted the company as a whole \"may fail.\"After Musk took over the app last October, downloads and usage surged after remaining relatively flat throughout the months between his offer to buy the company in April and the deal officially closing in late October. Usage dipped early this year to around 249 million users per day. Although usage began to pick up again in April, daily and monthly users have been on a steady decline since late May, when daily users peaked at 252 million, Apptopia data shows.Musk has dramatically cut staff since his takeover, including conducting further layoffs this week to X's trust and safety team, leaving only a few such workers to oversee content at the company, according to a person familiar with the company who asked to remain anonymous for fear of retribution. Meanwhile, advertisers continue to avoid X, decimating its business.The apparent decline in downloads coincides with Musk's ongoing changes and politically charged use of the app. Most days, Musk himself becomes a trending topic on X, leading it to become more of a platform about its billionaire owner than a place for keeping up with a day's events or broad public conversation.Musk has reveled in promoting false information, overseen and allowed a rise in antisemitic commentary, and changed the algorithm to promote posts and comments of paid subscribers over all else. Musk in turn has lambasted and sued third parties critical of how the site has changed under his leadership.A representative of X did not respond to a request for comment. An automated reply to the company's media contact line said, \"Busy now, please check back later.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947762881,"gmtCreate":1683622189244,"gmtModify":1683622214141,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","listText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","text":"This person deserves to be put in jail for lying and mismanaging the economy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9947762881","repostId":"1154601692","repostType":2,"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091449914273180","authorId":"4091449914273180","name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","crmLevel":5,"crmLevelSwitch":1,"idStr":"4091449914273180","authorIdStr":"4091449914273180"},"content":"Sounds like someone made a lot of losses in the last year 🤡","text":"Sounds like someone made a lot of losses in the last year 🤡","html":"Sounds like someone made a lot of losses in the last year 🤡"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9947762881,"gmtCreate":1683622189244,"gmtModify":1683622214141,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","listText":"This person deserves to be put in jail for lying and mismanaging the economy.&nbsp;","text":"This person deserves to be put in jail for lying and mismanaging the economy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9947762881","repostId":"1154601692","repostType":2,"repost":{"id":"1154601692","pubTimestamp":1683621898,"share":"https://ttm.financial/m/news/1154601692?lang=&edition=fundamental","pubTime":"2023-05-09 16:44","market":"us","language":"en","title":"Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1154601692","media":"Bloomberg","summary":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders ","content":"<html><head></head><body><ul><li><p>Just 36% say they trust Powell to do right thing for economy</p></li><li><p>Biden, Yellen and congressional leaders also get low marks</p></li></ul><p>Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.</p><p>A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. </p><p>That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.</p><p>Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. </p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14941cadf96ec45af9fb4d771ae57dcd\" tg-width=\"631\" tg-height=\"414\"/></p><p>But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. </p><p>Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. </p><p>Indeed, confidence in Powell is comparable to that of political actors. </p><p>President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. </p><p>Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. </p><p>About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4f8c4b60388380663982d0bbd1e1020\" tg-width=\"642\" tg-height=\"454\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-09 16:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-09/jerome-powell-faces-lowest-public-confidence-for-fed-chairman-on-record-gallup?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154601692","content_text":"Just 36% say they trust Powell to do right thing for economyBiden, Yellen and congressional leaders also get low marksPublic confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy. That’s lower than Janet Yellen’s 37% during her first year leading the Fed in 2014 — though the difference is within the survey’s margin of error of plus-or-minus 4 percentage points — and is the lowest level recorded since Gallup began tracking public confidence in the central banking chief in 2001. Former Chairman Ben Bernanke’s lowest point came in 2012, at 39%.Confidence in the Fed generally follows the health of the economy. In April 2020, just a month after the onset of Covid-19 lockdowns, confidence in Powell was at 58% — the highest approval of any Fed chairman since Alan Greenspan in 2004. But as inflation mounted and the Fed began to raise interest rates as a result, Powell’s approval dropped sharply. Perceptions of the Fed are also colored by politics. Powell succeeded Yellen in 2018 under then-President Donald Trump. He enjoys the confidence of 60% of Democrats but only 21% of Republicans. When Trump was president, Republican confidence in Powell outpaced Democrats’ by an average of 14 percentage points. Indeed, confidence in Powell is comparable to that of political actors. President Joe Biden has the confidence of 35% of Americans on the economy — the lowest of any president since George W. Bush received 34% during the 2008 financial crisis. Yellen, now Biden’s Treasury secretary, is at 37%, the lowest in that job since Jacob Lew’s 20% in 2014. About 38% of Americans have confidence in congressional Republicans on the economy, compared to 34% for congressional Democrats.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091449914273180","authorId":"4091449914273180","name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","crmLevel":5,"crmLevelSwitch":1,"idStr":"4091449914273180","authorIdStr":"4091449914273180"},"content":"Sounds like someone made a lot of losses in the last year 🤡","text":"Sounds like someone made a lot of losses in the last year 🤡","html":"Sounds like someone made a lot of losses in the last year 🤡"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":284163199176768,"gmtCreate":1710391707622,"gmtModify":1710394300733,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?&nbsp;","listText":"What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?&nbsp;","text":"What most ppl dont know and ask is, if 21M bitcoin is minted, who will cont to mine to keep the ledger?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/284163199176768","repostId":"2419658178","repostType":2,"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":218559130513520,"gmtCreate":1694393959929,"gmtModify":1694396804214,"author":{"id":"4123990832965262","authorId":"4123990832965262","name":"Ark Finance","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123990832965262","authorIdStr":"4123990832965262"},"themes":[],"htmlText":"Its not Musk's fault. Its just not relevant nowadays","listText":"Its not Musk's fault. Its just not relevant nowadays","text":"Its not Musk's fault. Its just not relevant nowadays","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/218559130513520","repostId":"1166976883","repostType":2,"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}