Time to gloat: as expected, big tech cracking down on the leftThe USA billionaires that pretend to be left wing by supporting a far right party that calls itself the left, are now - as was so obvious just so obvious and so certain to happen - banning droves of left wing activists and groups.
I am gloating, not because I like seeing people get silenced, I am gloating because I love to say "told you so" and there is a second reason: I know this is the early phase of these internet giants dying. They won't go to zero tomorrow, we are only in the innovator or early adopter phase, but at some point the progress bar will fill up and this will be it.
There are plenty of alternatives and I cannot tell yet which ones will be the ones (some might not even have been created yet): Rumble, DLive, Mastodon, Bitchute, Gab, Parler, Odysee, many more, mostly right wing alternatives for now.
Here a few words from the International Committee of the Fourth International via their World Socialist Web Site:
"On Friday, Facebook carried out a purge of left-wing, antiwar and progressive pages and accounts, including leading members of the Socialist Equality Party. Facebook gave no explanation why the accounts were disabled or even a public acknowledgement that the deletions had occurred."
"Since the 2016 election, the US intelligence agencies have advocated internet censorship in the name of fighting “fake news.” While these actions have been presented as targeting far-right conspiracy theories, they have, in fact, disproportionately affected left-wing, antiwar and socialist organizations."
They banned the Socialist Equality Party’s candidate for US Vice President and other key figures.
Here is the full article:
www.wsws.org
Here is an article from the Socialist Workers Party, about Facebook banning their page:
swp.org.uk
Twitter is also banning plenty of anarchists, antiwar and other "unnacceptables". The mainstream media thinks they are useful idiots and are not really on their side so they won't cover the matter, the right-wing media well they don't care and think it's nothing compared to bans on right-wingers so won't cover it. They have no allies and if somehow average people hear of it and asks TWTR questions they'll say "oh ye these were clearly far right racists posing as left-wingers". Facebook banned known people, the socialist VP candidate, and the SWP page, so would be quite hard for them to call them undercover KKK members, although not impossible, "average" people are stupid enough to believe anything at that point.
They are killing small businesses (since 2009 there are in the USA more people working for large companies than small ones for the first time), they want more power and money... But... More people that work for large business will mean the comeback of workers unions and socialism & fascism and everything.
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FACEBOOK - Is Coming Back!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: FACEBOOK is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
on H1: FACEBOOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy. (after the swing high is formed as shown in purple)
and of course, as price approaches our upper blue resistance, we will be looking for sell setups
Until the buy is activated, this one would be overall bearish and can still test the lower green support or even break it downward.
Good luck!
Facebook - Earnings Inverse Cup and HandleInverse Cup and Handle forming on the $FB daily chart going into earnings next Wednesday.
ETF buying with the $NFLX AH 10% jump, hopefully will fill the gab back to $260 and we can add to longs before it continues.
PoC of $275.86, this will most likely be my target rolling out my weeklies this week into earnings next week.
FACEBOOK INC, long point activated. Critical solds under 250.Hi friends. FACEBOOK in long position on the chart window. X-Lines script strong support at 249 and clear bulls target at 259. "Earned" script show big volume of solds under 249. And this solds was bought. So my opinion FB go upper to 259 for a first target.
The end of social media as we knew it. Not too soon.The mass exodus has begun. Social media getting blocked left and right, users fleeing towards alternatives, foreign countries building their own platforms.
The monopoly is over. The collapse will be apocalyptic.
Any increase in price is a sucker rally and a short entry.
Twitter and Facebook in particular will be hit very hard.
The US government might also give them the Standard Oil treatment.
China got its social media, Russia got its (maybe they recreate some sort of Soviet Union?), Europe was officially on the US side because the snobs were but now the snobs are pulling away so perhaps they develop their own.
France university liberals started a campaign to "decolonize" the country from US racial ideas, I don't know how big it is yet. They said that it was a fad with marxist roots, where "proletariat exploitation by rich owners" was replaced with "oppression of blacks by whites" (took them a while to figure it out) and people (especially young impressionable people) were mindlessly repeating what they saw on social media (herd mentality).
After Trump was banned, Angela Merkel criticized the tech giants, France too. Poland is making laws to prevent them from censoring people (if they do nothing illegal) with a big fine for non-respect.
Some companies said "bans were not enough" and want to remove some people from the internet completely, for example Mozilla wants to block people via the navigator.
The insane fascist-communist US might go along, but obviously the whole world will not agree.
The novelty effect is over, this is 2021, making a website is not that hard. Other countries can do it. Specialised/niche sites can pop out.
Other companies can do some of what TWTR does better. And there can be some "apps" that link it all together.
They're going to zero, just like myspace 🤗
Facebook - investment stock ideaFacebook is a company that needs no introduction. Against the backdrop of negative news, there was a fall, but now the price has reached the daily resistance + the strongest deviation from almost all TFs up to 12h. Also, the news background is already improving.
The probability of further falling is extremely low, besides there is a reaction from the support zone.
Entrance zone 245-250.
Cancellation of the scenario - price go below 235.
Potential profit 4-8% minimum.
Investment for at least 2-3 weeks.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.