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Comment by TorKlingberg | Hacker News Reader

I keep thinking I should go and short Facebook, even though I never trade individual stocks. It's just so clear to me that Facebook will crash and burn in the next couple of years. They are like Nokia in 2008: Still a high market share, but doomed.

Then I remember that Facebook owns Instagram and WhatsApp. They're doing great, partially because nobody thinks of Instagram as Facebook.

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Oculus Quest is coming soon too. Unlike all other VR offerings, this one might actually breakthrough into the living rooms across the world because of the balance between performance and ease of use.

HTC Vive is so much better than Oculus but anything that drives VR adoption I appreciate. Vive is set up so much quicker, has a wireless capability now and has a bigger platform in industry.

A competition between Vive, OR, and hololens in the AR/VR market would be much appreciated.

I think you'd have better luck buying Snap puts.

I applaud your conviction to put money where your mouth is if you follow through. Best case you’re right and you make a bunch of money. Worst case you’re wrong and you get feedback on your prediction accuracy. But assuming you risk reasonable amounts, you’ll be better off either way.

Haha, you seem to have left out the worse part of the worst case scenario - losing a bunch of money.

Yea, that's the cost of learning a lesson heh.

They’re competing with google, in terms of building up shadow profiles for every user of the internet. They’re not crashing and burning, they’re going to end up with government.

Google and Facebook have deployed surveillance and monitoring far beyond what a single government can achieve.

There is not a shred of data you can keep secret unless you work outside of the internet or you life entirely within tor, without ever using the same machine to communicate on a different network.

And yet, 99.9% of the advertisements I see there and that follow me around the internet are completely off the mark in terms of what I actually spend on.

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