Will Twitter have more Daily Active Users at the end of 2023?
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resolved Jan 3
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NO

This is intended to be part of a series of markets evaluating how Twitter is doing a bit over a year after ownership by Elon Musk.

At the end of 2023 if Twitter has more daily active users than it did in 2022 this market will resolve YES.

Google suggests about 237.8 million daily active users.

Post of related markets:
https://manifold.markets/post/evaluating-twitter-after-a-year-of

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What I have been able to find:
https://backlinko.com/twitter-users


https://www.statista.com/statistics/303681/twitter-users-worldwide/

https://www.searchlogistics.com/learn/statistics/twitter-user-statistics/

> "The truth is that Twitter lost around 32 million users since the takeover but still has managed to generate $4.4 billion in 2022."

https://mashable.com/article/twitter-x-daily-active-users-drop-under-elon-musk

> "Speaking at Vox Media's Code 2023 tech conference earlier this week, X CEO Linda Yaccarino shared that the company currently has 225 million daily active users – a decline in tens of millions or 11.6 percent of users from just before Musk acquired the company."

https://www.zdnet.com/article/twitter-seeing-record-user-engagement-the-data-tells-a-different-story/

> "By Similarweb's count, Twitter saw a 7.7% traffic year-over-year drop in March alone. In addition, Twitter's unique visitor web count dropped 3.3% year over year in March. The Twitter Android app's average daily active users were down 9.8% in March, with monthly active users down 8% year over year. Within the US, monthly active users were down 14% on Android and 15% on iOS. "

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From all of the sources I have found it seems very clear that Twitter has lost DAU, not gained them.

Resolving NO.

Can anyone find any information suggesting that this is higher? Everything I can see points towards NO.

predictedNO

@Zipixx Screenshot for those without an account?

predictedNO

@Joshua sorry, didn't know the stats were blocked. :x

@Zipixx Oh, note this is total users, not daily active users.

@Joshua Probably still resolves No though.

predictedNO

@Joshua Fair enough. You are totally right. Also the data from my link is partially a prediction lol. I should not bet when shitfaced.

Probably will be No anyways tho, yea. Lets see.

Happy new years mate!

Are there any sources pointing to higher user counts, or is it just hopium holding this so high? All I can find show a substantial decline.

Twitter (now  rebranded as ‘X’), has shown a decrease in number of active users since 2022. When observed the number of users, the numbers have increased since 2019 till 2022 (in December 2022, the number was 368.4 million). In 2023, the number is 353.9 million (September 2023), which is a 15% drop worldwide. Statistically, experts are forecasting that the numbers will further decrease in 2024.  Currently, only 237.8 million users are monetized. The possible reason for decrease can be because Instagram came up with Threads app in July 2023, which is a ‘potential Twitter killer’. It managed to gain a lot of user base in very short time. Cloudflare’s data says that Twitter has dropped to 37th position (from 32nd) in domain ranking this year. Advertising has shrunk this year on Twitter (/X) from September 2022 to August 2023 by 54% according to ad analytics firm Guideline. So, we can predict that Twitter will not have a high number of daily active users by end of 2023.

https://variety.com/2023/digital/news/musk-twitter-x-acquisition-one-year-user-revenue-decline-1235770297/

https://www.statista.com/statistics/303681/twitter-users-worldwide/

https://www.demandsage.com/twitter-statistics/

https://www.insiderintelligence.com/press-releases/twitter-will-lose-more-than-32-million-users-worldwide-by-2024-amid-turmoil/#:~:text=Following%20essentially%20flat%20growth%20in,tracking%20the%20company%20in%202008.

It is expected that monthly Twitter users worldwide to drop nearly 4% in 2023 and probably another 5% in 2024. This forecast is based in the technical issues and offensive content that is driving users away.

https://www.statista.com/statistics/303681/twitter-users-worldwide/

predictedYES

Market didn't update after this tweet, nobody trusts Musk? 2022 MAU were 350m-410m.

@Shai My manifold strategy is assuming Musk is wrong/lying 30% of the time as opposed to the average user who assumes 75%.

predictedNO

@Shai The fact that Musk didn’t include an x-axis on this graph (so we can’t see exactly when these values are occurring) is suspicious, and the fact that Musk didn’t say when in 2023 in the Tweet itself makes it more suspicious. Even if this is a true graph, I’m thinking that there’s vital context missing.

MAU counts were highly likely to be fraudulent/miscounted so hard to bet on this specific market imo

predictedYES

https://www.buzzfeednews.com/article/katienotopoulos/twitter-users-down-democrats-elon-musk

The number of people using Twitter in the US has decreased almost 9% since Elon Musk took over, according to a recent study. In October 2022, just before Musk took ownership, the study found, 32.4% of Americans were using Twitter. In December and January, that figure had dropped to 29.5%. 

...

The drop in users was mostly from Democrats, who quit Twitter at higher rates than independents or Republicans. Thirty-eight percent of those identifying as Democrats used Twitter in October, but that had dropped to 32.9% by January. The change in Republicans and independent users was statistically insignificant, the study found. 

Twitter DAU has been growing consistently every quarter for a long time: https://www.statista.com/statistics/970920/monetizable-daily-active-twitter-users-worldwide/

I think Musk actually will worsen growth - he's talking about cutting 75% of employees to reduce costs, which will also slow growth. But I don't think it will be enough to make the growth negative.

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