Twitter versus The Stock Market
Posted by rbpasker on May 6, 2008
A friend sent me a link to a page with the Twitter Stats.
Wow, 3.5 million tweets per week, not counting locked and direct tweets. That’s about 350 tweets PER MINUTE (rules of thumb: ~10K minutes in a week; ~PI*10^7 seconds in a year). Even if the number of private tweets and direct messages drive the volume 5x to 1750 tweets per minute, its still not much. A 1750-person company delivers an average of 1 email message/minute/person. Even Exchange can handle that.
The data feed produced by the Options Price Reporting Authority contains every transaction on every stock and option exchange around the world. The current projections for OPRA are here, but let me republish the table for you:
Yes, that’s 701,000 messages PER SECOND, or about 423 BILLION messages per week.
Where’s the bottleneck again?