PipStop

I just came across an interesting article. As Web 2.0 technology continues its upward ascension, it's interesting to note how certain social networking websites and blogs are growing. Many of you have probably heard of MySpace, Facebook, etc., and some of you may have created your own profiles.

One of the fastest growing online social networking websites is LinkedIn, which I am also a part of. It's a social networking site for professionals, which has helped me to get back in touch with those who I have lost touch with. I have found it a great tool.

One thing that surprises me in the numbers below is the continued dominance of MySpace. I do think that Facebook will overtake it within the next three years, as it's easier to access, and it's LESS cluttered. What this means to traders is that you can see various small trading groups sprout up all over the web - and what Trading Post wants to do is create true online community.

- sam

Top 10 Social Networking Sites for October 2007 (U.S., Home and Work)
Site	Oct-06(000)	Oct-07(000)	Percent Change |
Myspace.com	49,516	58,843	19%
Facebook	8,682	19,519	125%
Classmates Online	13,564	13,278	-2%
Windows Live Spaces	7,795	10,261	32%
AOL Hometown	9,298	7,923	-15%
LinkedIn	1,705	4,919	189%
AOL People Connection	5,849	4,084	-30%
Reunion.com	4,723	4,082	-14%
Club Penguin	1,512	3,880	157%
Buzznet.com	1,104	2,397	117%
Source: Nielsen Online, November 2007