We know Dominik, it's the entrepreneur. And sometimes he provides a sample to popular reviewer. In case of Mden someone had to try first.
I'm not playing the game of paying insane prizes for just a bottle of rum. Rum' s here to drink - neat. Full stop.
@taster Same. And i really do not get why "investors" even flip bottles they just purchased for minor profits. I decided to generally not to participate in overly hyped releases anymore. There must be many financial naive guys out there. Because there is no explanation why someone would do all this work and take all the risks for, i dont know, lets say potential 10-50€ net profit. You are feeding the auction house with 20-30% fees every time you decide to flip. Do you guys even have some logic in this? If some one manages to buy a collectible bottle of rum that will go from e.g 150€ to 1500€ longterm. How does it make sense to flip it immedeatly and hope to earn a few euros? If this bottle is not collectible you will even loose money. And if it is you should keep it because the value will rise fast over the years. And this is what investors want. I can only doubt this peoples minds... However
People flip everything, they are not investors. PS5, sneakers, spirits, watches, real estate, pokemon cards, cars, it's all traded. The biggest casino is on the stock exchanges. We don't have to complain, there is enough rum available for drinking. Meanwhile, bottlings are coming out for 1k, see Samaroli and Appleton 84.
It will get more expensive, a certain group of people with a lot of buying power will be able to afford these bottlings. In any case, my inventory is full and many new bottlings are not interesting to me from the price value ratio.
Please don't fuck up the market for normal rum drinkers by using rum as an investment. It ups the price and screws over normal consumers. The same thing has happened in the whisky world and it is horrible. Flippers and investers are absolute scum and should be tarred and feathered and chased out of town with pitchforks.
Couldn't be said better !👏🏼
At this point i remember the story/experiment where different ants live peacefully in a box until someone shake it. Then they start fighting each other for no reason. I dont get why i should hate the "investor" guy. Because this kind of speculation starts within our finance system. Within our system everybody is free to have property. Everybody is allowed to buy or sell property. Generally there is no problem with this. Wild speculation starts within our central banks policies. There always be some shady guys who ride on this. But they arent the ones to blame.
Toni: I agree that it starts elsewhere. The whole system we live in is deeply flawed. That is one of the many reasons that I am a member of two different political parties plus several extra-parliamentary organisations in my country that all work towards system change, especially in the financial markets.That being said, and politics aside, if you, as a rum enthusiast, don't see the problem with people flipping rum for profits, casually screwing over other rum drinkers, than you are part of the problem. It may be legal, but that doesn't make it moral, and it doesn't make it right.I am reminded myself of a quote by the famous Whisky writer Aeneas MacDonald, way back in 1930, who wrote: "For it cannot be maintained seriously that those who make the food and the drink of man are in the same category as mere commercial manufacturers. Theirs is a sacred, almost a priestly responsibility, which they cannot barter away for turnovers and dividends without betraying their trust as custodians of civilization."That goes, in my humble opinion, for both producers as well as consumers.
A simple solution is to stop consuming speculative goods. I don't care about house, car or whisky prices. Because I don't want to buy these goods. There is also no need to drink rum >100 euros per bottle, speculation usually takes place from this amount. But you can consume speculative rum with simple strategies.There is also a solution for financial markets: transaction taxes. Times are good, these are first world problems that are not really problems.
@Wolfe Tone Moral is very depending on the persons personal view and wont be discussed by me. Because it is pointless. I do not see how morals will ever change basic human settings. I do not put my personal moral view in the discussion and do not value yours. I also do not want to be valued by your morals within a discussion. And as i stated above i also dont see any useful/positive outcome when some one decides to flip a bottle that he just purchased - even for the flipper himself. My point ist that i refuse to judge these guys. What does it (hate) change after all?
@Vomi agree, these are 1.st world problems we discuss.
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