Economix Blog: Naming the New Twitter-Induced Flash Crash

CATHERINE RAMPELL

Dollars to doughnuts.

4:14 p.m. | Updated One more proposal I liked, from Boston University’s Austin Frakt: “hash crash.”

The Associated Press’s Twitter feed was hacked today, and the hacker tweeted a message saying the White House had been attacked. Rest assured, there was no attack, but traders freaked out long enough about the hoax to make the Dow do this:

So will this sharp plunge (and quick reversal) get a nifty nickname like the “flash crash” did? I nominated “Tweet Retreat” on Twitter, and got some of these other suggestions in response:

@crampell How about tweefall ? #APhack

— Raja Bose (@teestasdad) 23 Apr 13

@dandrezner @crampell Sub-tweet is already taken. How about #HashDrag? Twitter Jitter?

— Jason Warren (@lostinhistory) 23 Apr 13

@crampell The Terror Error

— Mike Johns (@mike_johns) 23 Apr 13

@crampell Tweet-Decked?

— Oliver Bell (@ojbell) 23 Apr 13

@lostinhistory @dandrezner @crampell My vote is #Twittermonium

— Timothy Aeppel (@TimAeppel) 23 Apr 13

What names do you suggest?

Article source: http://economix.blogs.nytimes.com/2013/04/23/naming-the-new-twitter-induced-flash-crash/?partner=rss&emc=rss