True or False: Facebook is dead.?

[Island Living]

Facebook has lost some members due to privacy concerns. Everything with a beginning has an end, so there's not much doubt that it'll die out sooner or later.
Less than half the human population have a facebook account. I don't have one and I don't like facebook.

I made a twitter account yesterday, I'd rather be with twitter than with "fakebook". And since I know how to do computer programming, I have my own social network made just recently.

I don't like facebook because the idea was stolen from, there's too many privacy concerns, and I have better things to be doing. I hope more people leave facebook.

Edit - I agree that it's dying. Ok, it's used daily, but people ARE starting to leave gradually one by one.
There are a few things wrong with facebook...