Quote from: AlcoHoDL on Today at 04:36:06 AM

Quote from: philipma1957 on Today at 02:43:32 AM

Found a 160 proof
Stroh 160 rum

So the plan is
Elijah 129.1
Jack 130.1

Brooklyn moonshine 140 on order
Emerald Springs 151 will pick it up August 7
Stroh Dark rum 160 on order

170?
180?
Everclear 190

You can try Absolute Ethanol (200 Proof) when we get there:

Perhaps not for human consumption?

Below in the brown text is a response to a post that I drafted and I was going to post in its thread, yet the thread got locked while I was in the process of drafting such post:

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Quote from: abaeze on July 30, 2025, 10:42:07 AM

Quote from: ZeroVinsonN on July 29, 2025, 04:45:06 PM

Quote from: IceLincoln on July 28, 2025, 11:26:33 PM

Quote from: Nightwatchmare on July 28, 2025, 07:27:48 PM

You folks shouldn't make it look like investing in bitcoin and investing in crypto isn't diversification because both assets can be converted into cash, but it is just advisable that we diversify into another asset class, such as real estate or selling of commodities, so that we can reduce volatility in our investments, and at some point we can depend on the money we will generate from real estate or selling of commodities to solve our expenses, and it will allow us to hold our bitcoin investment for a very long time because we will not be in a hurry to sell our bitcoin investments since we have multiple streams of income.

My friend investing in crypto and investing in bitcoin isn’t diversification. The fact that you think they’re different is wrong, bitcoin is a type of crypto and when you say crypto I guess you’re saying altcoins and shitcoins. They’re all in the same class just that bitcoin is more stable and is a store of value, it’s the first, and biggest of all cryptos.
So investing in bitcoin and investing in Ethereum or Solana is seen as one kind of investment which is crypto.
Diversification comes in when you invest in a different asset class or industries. A totally different kind of investment from the previous one is what is considered a diversification cause the major aim is to reduce risk and increase your potential returns.

Alot of people fail to realize that bitcoin is also a cryptocurrency, they seem to think it's different from cryptocurrency, bitcoin is basically the first cryptocurrency and every other altcoin that csme after were attempts to make a different version of it, some were even made to surpass bitcoin but they obviously failed in that endeavour as bitcon is still the biggest cryptocurrency out there, what has really set bitcoin aside from other cryptocurrency is it decentralised nature with no bank or government having any influence over it making it also the most secure cryptocurrency so anyone investing in bitcoin is also investing in cryptocurrency, to diversify would be to invest in other altcoins as well while already investing in bitcoin

I disagree with those who say that investing in other coins after investing in Bitcoin should be considered diversification. Diversification does not mean just dividing money in multiple places, but rather spreading investments in different and unrelated asset classes from each other, so as to reduce risk. For example, holding Bitcoin, while also investing in land or real estate or selling products or investing in your own business, etc.investing in different businesses means diversification.

Investing in Bitcoin does not mean investing in crypto. Because most of the altcoins or shitcoins on the market are scams, fake projects, or extremely volatile, but Bitcoin is different. Bitcoin is the first, safest, and truly decentralized digital asset. If it is called "crypto" along with other coins, newcomers will think that all coins are equally safe, which is not true at all. Bitcoin, which is known as the most reserve and investment asset in the world compared to any other coin so far, should never be compared to Altcoin or sheet coin. Rather, we currently call Bitcoin as digital gold and it has retained that value, so comparing Bitcoin with any other coin would not be right at all.

Personally, I don't have any major problem with the use of the term cryptocurrency as long as it is being made clear regularly regarding what it is being referred to, and sometimes people attempt to make comparisons between bitcoin and shitcoins and even try to proclaim that some shitcoins are better than bitcoin.. so then their use of the term crypto is to attempt to put bitcoin and shitcoins on similar levels, as if they were similar things.. which is also misleading... so then it becomes even more necessary to make sure that such use of such term is not misleading people into thinking that bitcoin and shitcoins are similar.. even though technically and even definitionally it may well be true that they all fit within a similar category that could be referred to as cryptocurrencies....

In some sense it seems better to continue to denigrate various shitcoins to offset their ongoing marketing attempts in which they attempt to place themselves as bitcoin equals, so then so many folks get sucked into shitcoins because they consider bitcoin and shitcoins as if they were some kind of equal or similar in such a way that the shitcoins could end up taking market share from bitcoin in any kind of lasting and/or meaningful way... so it can be difficult to get sucked into a process in which we are either having to defend bitcoin or to denigrate shitcoins in order to make the point that many folks should be attempting to learn bitcoin first before they even allow themselves to get sucked into various shitcoins... and yeah sure, there maybe be some folks who might learn quickly, yet even very smart people get sucked into some of the technical rather than sound money aspects of various shitcoins and then end up considering that there might be some value in various shitcoins, and so they end up disproportionately investing time, energy and money into shitcoins that would have had been better to have had been invested into bitcoin.

So, sure it may sometimes start to feel dogmatic when bitcoiners are insisting on make it clear that bitcoin remains the one to focus on and figure out first and suggesting that folks try not to get distracted into shitcoins even though surely there are some folks who might be able to sufficiently identify the sound money aspects of bitcoin that should help to make it more clear regarding why involvement in various shitcoins becomes problematic and difficult to ensure not to get overly distracted into them.

We cannot really stop people from trying to argue in favor of shitcoins and to want to make comparisons between bitcoin and shitcoins, yet some of the bitcoin threads are not really receptive to that kind of off-topicness, and so in that regard, there tend to be threads in which questions of diversification into shitcoins might be a bit more on topic as compared to a thread like this one that seems to be more focused on bitcoin, even though surely some members might want to know how shitcoins might fit into their bitcoin investment... which I personally think that no more than 10% of your bitcoin value, or time or energy should be allowed to be spent on shitcoins and/or trading (gambling), and surely a person who has more resources might be able to afford to be more distracted. Poor people likely should not be fucking around with any of those things.. yet I understand that some poor people might consider that it is quite difficult for them to earn money in regular ways, and so then they might end up resorting to trading and/or getting involved in shitcoins, which does not seem likely to be a kind of living that a person is able to both live off of and continue to build an investment portfolio, even though there may be a very small percentage who are able to figure out ways to successfully employ their skills (or maybe luck) in that direction.<<<<<<<<<