Twitter Facts

What Is Twitter?

Twitter is a micro-blogging social network service which allows users to share not-so-important things in their life by answering a simple question: “What are you doing?” Answers to this question are organized in a short messages called Tweets, length is limited to 140 characters – quite common to see things like SMH and TBH used to fit within the size constraints. The good thing about Twitter, there is no “noise” created by boring people since “friendships” are not mutual – you can “follow” interesting people while they don’t have to follow you. In February 2009, Twitter had a monthly growth (of users) of over 1300 percent – several times more than Facebook. Twitter made huge success from the mobile device users (in 2009 there was 735,000 unique mobile visitors).  Twitter is also a place where you could learn what does GIF stand for. 

As time went on and Twitter experienced hyper-growth a lot more “noise” entered the mix.  The number of users and ways in which different types of people and entities used Twitter exploded thus creating an eruption in traffic and of course conflicts between differing agendas.

In Q3 2018 twitter reported 326 Million Monthly Active Users.  Katy Perry and Justin Bieber have the two most popular Twitter accounts with each having more than 100 Million followers.  More stats found here.  Twitter, like TikTok, certainly offers the opportunity for all under the sun to attempt to live vicariously through high profile figures. 

What Is A Twitter Handle?

A Twitter handle is the name of the Twitter account and symbolized by whatever text follows the “@” sign.  The Twitter handle for InterestingFacts.org is @iFacts.  People use handles in conversation by saying things like “check us out at {insert Twitter handle here}” or saying “follow us on twitter at  . . . . . . . “

Here is what it looks like in terms of the user interface:

 

What Is Twitter Used For?

Twitter is used for almost anything at this point.  The traffic, noise, and volume on Twitter does tend to get dominated by politics and sports.  Political parties, candidates, governments, officials, participants, media figures, and others spend an enormous amount of time ranting and raving on Twitter trying to destroy each other.

Sports fanatics, teams, fans, media, and athletes also gobble up a lot of the Twitter space.  But there is use beyond these areas.  Businesses large and small use Twitter to keep people informed.  Individuals use Twitter to follow things that interest them and stay up to speed.  Businesses can use Twitter to follow and spy on their competition.  The sky is the limit and there are no real boundaries.  There are also “DMs” which are direct messages – presumably private but likely subject to censorship and confiscation if push comes to shove.

Twitter and Bitcoin

Twitter CEO Jack Dorsey is also the CEO of Square.  Square has one of the most popular apps in the world which is used to move cash and also purchase Bitcoin.  It’s an all out war among the platforms with the likes of Twitter, Instagram, Facebook, and Google battling it out over the attention of the people and the future direction of the global economy.

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When you think of Twitter and its immense potential for business, you may be in for a big surprise. It’s not as simple as you might have thought when you see a lot of people tweeting on the social networking site. Twitter is a tool to disseminate news, share links and to basically stay connected with your customers.

The great thing about Twitter is that it is open to all members of the world. Because of this, anyone with a computer can join. And because Twitter is for everyone, you don’t have to be rich or famous to be able to participate. While you might think of people like Oprah, Stephen Fry and Sir Paul McCartney in particular, there are just as many of ordinary people like yourself who tweet their latest thoughts and happenings.

To see your tweets, you simply log on to Twitter and click on the link for your profile, as well as the link to the account. In order to discover Twitter for yourself, however, you need to go a step further and become a registered user. Once you have registered, there will be a link to access your profile, where you will be able to sign up for accounts for those people you follow.

This is where you will have to type in certain information such as your name, age, location and possibly your email address. Once you have done this, you are ready to start tweeting. Once you have set up your own Twitter account, you’ll want to add your followers, make posts and interact with other Twitter users.

At the moment, the only Twitter account that is listed in the Nasdaq and has been listed by the New York Stock Exchange is Twitter. While this makes Twitter not as open as it is for the general public, it is an excellent example of how popular Twitter is. So it is not surprising that any investor who is looking to tap into the immense potential of this new technology, such as a Nasdaq IPO or a public company, willfind Twitter very useful.

If you’re an investor looking at an IPO, for example, Twitter could prove to be invaluable. Investors who’ve participated in IPOs in the past might remember the tweeting that went on during and after the IPO. The reason is simple – everybody was talking about it. This is not the case with a Nasdaq IPO – it is much more private.

Still, you would expect that anyone who is considering investing in a Nasdaq IPO will have access to Twitter. While not every Nasdaq IPO will list Twitter, most will, since so many people will now be using the Twitter application to follow other investors and potential companies. In addition, as more people get familiar with this application, they will want to use it to promote their investments.