Suxmillion

Sux million dollars

[Suxmillion @suxmillion]

@zanehkoch I appreciate this post and will ensure it's the last thing I read on the subject so I don't feel anxious about it again 🤣

[Bluntz @Bluntz_Capital]

the next commodity to go full bulltard is probably #copper imo.

structural supply deficit even without the insatiable AI demand and price already breaking out of a 20 year range.

commodity supercycle (real)

[Suxmillion @suxmillion]

@The_Astral_ Picture of a bear

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@ProphetsSuite GM retard

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@RealVision @BittelJulien @RaoulGMI Powered only by nicotine and a half eaten, week old, veg samosa found at the back of the fridge

🚬🚬🧅🧅

[Suxmillion @suxmillion]

@Jamie1Coutts

[:) @smileycapital]

I used to prefer Solana over Ethereum, as the 'shiny new toy' concept paired with simplicity, speed, convenience and basically free TXs - seemed +EV for crypto as a whole.

I wouldn't say my stance shifted entirely, but I'm beginning to understand real adoption, improvement, institutionalization, use-case and quality fundamentally sound products are all being built on Ethereum.

Solana has turned from a fun new concept to a glorified casino - Las Vegas of crypto sphere. ~1% make money, ~99% end up broke, retarded and with an STD.

real products are on EVM and I don't think anything ever changes that.

this is not a hate post against Solana - its usage is very clearly defined, albeit constrained by perpetual diminishing quality of crypto 'products' and use-cases.

Solana opens the crypto world to your regular hypergambling retail user - Ethereum opens the crypto world to entities operating on a sophisticated level, allowing for institutional acceptance.

Ethereum is a gateway to REAL crypto adoption in the world - a digital real-estate; just like Bitcoin is a gateway towards the digital store of value.

putting Solana in the same basket, ever, is simply put, wrong.

[Suxmillion @suxmillion]

@RealVision Your going to say the F word about bears, aren't you ?

[non aesthetic things @PicturesFoIder]

In case you’re having a bad day 😂😂

[Suxmillion @suxmillion]

@FreckledLiberty

[Suxmillion @suxmillion]

@RaoulGMI One weird silver lining to being down 90% is you can double the size of your original portfolio for fuck all $$. Which I did 2 wks ago with a lot of my memes. Hoping it pays off, didn't cost much if it doesn't.

[Suxmillion @suxmillion]

@MarioNawfal Where the hell are they going ? 🤣

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@LynAldenContact I feel like someone just informed me my fly is undone

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@AlexV41133483 @Mike_Rosko_ I also guess so

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@PeterSchiff @realDonaldTrump Suits us ?

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@NorthstarCharts @KinesisMonetary Would it be some kind of fireworks moment or would it be more like "oh yeah it happened like 3 months ago" ?

[Suxmillion @suxmillion]

@ianmiles He sniffed the book.

He is one of my people.

[Silver Surfer 🇷🇺 @SilverSurfer_23]

$SILVER VS $SIL MINERS

There isn't anyone invested in the metals space that isn't frustrated by the seemingly poor performance of $SIL miners relative to the $SILVER price.

IMO theres a pretty simple expatiation and that is the rapid rise in the CPI index from mid 2021 onwards which raised cost of all companies to produce products. Companies usually pass this on in the form of higher retail prices to consumers. In order for miners to do the same they would need to raise the price that they sell Silver for, unfortunately they dont get to do this as the price for commodities in determined by the market.

That said, theoretically and "manipulation" put to one side, the market would eventually be forced to raise prices because if they dont we would see a lack of supply to match demand which is exactly what we are seeing and it cant last forever as there will only be so much above ground inventory to buffer the annual deficits.

Although Silver has taken out its 2020 highs on a nominal basis, when adjusted for inflation by using the CPI index (which we all know is probably low) then Silver has still not broken out and is in an even bigger inverse H&S then it was on the nominal chart when it broke the $26 level in April 2024 which was a 3 year old neckline capping price.

Below is

$Silver CPI Adjusted
$Silver Nominal
$SIL
Supply and Demand table from the Silver institute

Just like Silver CPI Adjusted, $SIL has yet to break out of its Inverse H&S.

Lastly, for those who still wondering the relevance of the CPI adjusted chart, what it is implying is that even at the current prices, the profit margin for miners would still be lower per oz then what it was worth back in 2020. It only stands to reason that if its lower, why would miners be worth more ? They should be worth less and thats what $SIL chart is "on the aggregate" representing.

[Suxmillion @suxmillion]

@benjamincowen Would you say, based on your experience or data (or both), that sentiment around altcoins still has significant room to decline at this point?

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@naiivememe Fuck yes this car is sexy af