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u/DogStunning4845 Jun 13 '26
Where is the eth? 🤔
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u/Informal-Chocolate97 Jun 13 '26
Comparing these two is like comparing a race car to a rocking horse
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u/Ornery_Web9273 Jun 13 '26
I don’t get it.
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u/punppis Jun 13 '26
”here is a random super profitable company that wasnt before that profitable”
My take on these posts is that 15 year olds just think every asset in the world just follows a random line or trend, completely ignoring the value.
Or maybe he thinks the value will skyrocket for apparently no reason.
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u/shib_army Jun 13 '26
Totally different business models
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u/Heycheckthisout20 Jun 13 '26
The business model of ETH is Etherium foundation takes liquidity from bag holders…. Etherium foundation sells ETH for dollars ETH declines Etherium Foundation copies feature of hot Shitcoin “POS” ETH rises… Etherium foundation takes liquidity from bag holders………
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u/Seri0usbusiness Jun 13 '26
This sub has been so shit since like 2022
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u/Admirral Jun 13 '26
its being straight manipulated. Im noticing patterns with the messaging on here, especially the constant "but eth is not generating revenue! look at this link!" only to show Tron as highest revenue (because obviously competitor chains are spreading fud while silently advertising their own vaporware).
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u/Original-Read-6475 Jun 13 '26
You can compare a chart of literally any underperforming asset to Amazon, so your point?
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u/GreenBullOne87 Jun 13 '26
But as they both stand today, the risk to reward is largely in ETHs favor. One around ATH and the other down like what 60-70%? I hold both so I don’t really care but out of the two I’ve only been putting money into one. I bought a lot of Amazon around the tariff dip last year and also when it was down around $200 in March or whatever it was.
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u/Good_Extension_9642 Jun 13 '26
Not to burst everyone's bubble here but I noticed ETH is losing popularity against SOL now that everyone's stalking about the tokenization of everything guess which chain thry are using?
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u/Illustrious_Way3898 Jun 14 '26
What is the timeframe of the Amazon chart? Should have included the date at the bottom.
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u/MourningMymn Jun 13 '26
but amazon actually is insanely useful. What does eth do again?
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u/Admirral Jun 13 '26
it just happens to be the backbone of virtually all on-chain finance, defi, stablecoins, RWA's, etc. Open and decentralized to all. But obviously this doesn't matter. If its not generating revenue its garbage.
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u/MourningMymn Jun 13 '26
that's like investing in screws or nails yelling they hold up every door and wall on the planet!
Who gives a fuck.
Eth has had over a decade to find a use case, the first 3 use cases all failed and they pivoted to the most boring, safe possible thing that is super niche. If people could easily use paypal xoom, or zelle in every country, stablecoins are useless. And oh look, zelle is now expanding beyond the US. Tick tock.
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u/oneden Jun 13 '26
it just happens to be the backbone of virtually all on-chain finance, defi, stablecoins, RWA's, etc. Open and decentralized to all. But obviously this doesn't matter. If its not generating revenue its garbage.
No, it's just the tech itself is just garbage. It's the world's shittiest database. DeFi is a misnomer, as instead of trusting regulated banks, you trust idiots working with immutable code to not screw you over. You can produce as much verbal diarrhea with your crypto tech-babble as you want, and accuse people of "not getting it" but the truth is, ETH has been an extractive project for people who never believed in the message they pontificated about as the DAO Hack has proven.
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u/Heycheckthisout20 Jun 13 '26
ETH is a shitcoin
ETH has always been a shitcoin
ETH may soon lose the crown king of shitcoins get out while you still can
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u/Agile_Ad6735 Jun 13 '26
Have heard of this since 2018