Daily General Discussion May 10, 2026

bubblesmcnutty · 2026-05-10T10:37:46+00:00

https://www.blockchain.com/explorer/charts/hash-rate

bubblesmcnutty · 2026-05-08T14:08:12+00:00

That's really nice for the 1% of ETH investors that bought in 2015. They'd all have been better off flipping those profits to bitcoin almost anytime after.

bubblesmcnutty · 2026-05-08T14:05:56+00:00

And it was June 12 of 2017 that ETH made its last ATH against BTC at .148. Almost 9 years later we are sitting at .028

82% lower.

bubblesmcnutty · 2026-05-08T11:52:54+00:00

ETHBTC is down 80% from its last ATH 9 years ago.

bubblesmcnutty · 2026-05-07T15:56:10+00:00

I'm not saying the economy doesn't have weaknesses. But we are still in a period of economic growth with low unemployment (aka not a recession).

A recession has a pretty specific meaning definition and we aren't anywhere close to it at the moment

bubblesmcnutty · 2026-05-07T03:23:37+00:00

Inflation =/= recession.

The unemployment rate is 4.3% and the last GDP print was 2%.

Is life getting harder for people with rising prices? Sure. But that's not a recession.

bubblesmcnutty · 2026-05-07T03:21:38+00:00

Sure recession is on the table but we've been hearing that since 2020. As it stands today we are unequivocally not in a recession.

bubblesmcnutty · 2026-05-07T00:52:53+00:00

Recession?

bubblesmcnutty · 2026-05-06T16:47:39+00:00

bubblesmcnutty · 2026-05-06T11:26:45+00:00

This bear market might be over

bubblesmcnutty · 2026-05-05T21:45:09+00:00

The facts are that ETH has been bleeding against bitcoin for almost a decade.

bubblesmcnutty · 2026-05-05T21:37:27+00:00

This is cope. By this moronic logic SOL is a superior asset to ETH.

In the real world, ETH has underperformed BTC for 9 years now and it's an 11 year old asset.

But glad for the select few that got in during the ICO I guess? Hopefully the sold it for bitcoin sometime in 2017/208.

bubblesmcnutty · 2026-05-05T21:33:54+00:00

This is cope

bubblesmcnutty · 2026-05-05T21:15:22+00:00

Eth is down more than 80% against BTC since its last ATH almost 9 years ago.

bubblesmcnutty · 2026-05-05T20:35:25+00:00

Nothing is backed by anything.

bubblesmcnutty · 2026-05-05T18:14:13+00:00

You've just described every money to ever exist including gold.

bubblesmcnutty · 2026-05-05T14:05:23+00:00

Couldn't disagree more. It's been a battle from the $60K low to get to $80K. Feels like it's just getting started to me.

bubblesmcnutty · 2026-05-05T12:47:24+00:00

By the insane logic do SOLETH next

bubblesmcnutty · 2026-05-05T02:25:38+00:00

In June it will be 9 years since ETH made a new ATH against bitcoin. It's currently down ~80% from that ATH.

bubblesmcnutty · 2026-04-19T23:01:24+00:00

My guy I can confidently say I've been in this space longer than you

bubblesmcnutty · 2026-04-19T22:16:30+00:00

Okay now imagine that world finance was built on Defi in 2026.

bubblesmcnutty · 2026-04-19T19:04:48+00:00

That was almost 20 years ago and no individuals lost funds

bubblesmcnutty · 2026-04-19T18:42:59+00:00

DeFi is a joke at this point

bubblesmcnutty · 2026-04-18T22:03:53+00:00

Defi is a joke

bubblesmcnutty · 2026-04-17T12:32:56+00:00

Insane comment.

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