Once again I got an @craig-grant video served up to me on YouTube and I couldn't resist clicking on it. He did a good job of click baiting us in on this one saying he lost $27,000. I'm thinking, "What Now!?!?"
Well he is saying that basically he cleared his cookies in his browser and then he realized he wasn't able to log into his Steemit account and then when he used the password that was written down on a piece of paper it wasn't the right one because evidently he had changed it since then.
Personally this would be a terrible nightmare if it happened to a person. He acts pretty calm about it. In the end you should have the password printed out and saved in multiple places.
In the end he didn't say anything about trying to go through the account recovery process or the possibility that he still is logged in through something like eSteem or any other service or something. If he was at least logged in with his active key into something else he would be able to move funds to another account. He has some other secret accounts out there.
CG Now Smart Contract seems to be live but like I said in a previous post I think it is a bad idea for him to run and operate one of these.
I'm not going to speculate on what potential laws it might be breaking or stepping on the toes of. All it takes is one regulator wanting to make a name for themselves and further their career by attaching any law they see fit to whatever we call the smart contract.
Craig can do what he wants and he is entertaining to watch. I mean look at me..... I admitted that I couldn't help but click on his video.
In the end it is perplexing to me. Him and @trevonjb got bitty rich of Shitconnect and as of now it seems like they aren't going to take the fall for any of it. Well at that point all they had to do was curate content and earn a full time living passively. Also just buying legit coins that they can stake and earn rewards with and they would continue to increase their holdings.
So why take the risk? Doesn't make sense to me but I guess we can watch from a distance.
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It never ceases to amaze me how so many of these fucking idiots on Youtube and other platforms manage to have some insane shit happen to them on a daily basis.
I suppose I shoudln't call them fucking idiots because what they do works and this click baity non-sense gets a shitload of views and makes them a crapload of money so I suppose maybe in the grand scheme of things they are the geniuses and the general populace are the fucking idiots lol.
I think to guys like CryptoNick, Ryan Hildreth, Trevon, Craig, its like shit how can you have a hack everyday, how can you lose 50k everyday.
This is a bit different but there's a Youtuber named Luna who is a gamer and talks over his games. I actually have to give him some credit he's built up a huge following and people love his stuff but everyday his videos are like I got arrested for weed, I almost got killed, I fucked my teacher, I smoked weed with my grandma, I got kicked out of taco bell. Its like shit dude you must live the most drama filled and exciting life of anyone in the world because everyday you have some batshit crazy story lol
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Yeah it is pretty unbelievable but they know how to snag the attention. Personally I think Craig can probably do the account recovery process if he did temporarily lose access to his STEEM in that particular account.
That is funny about the crazy off the wall stories and the ridiculous thing is since he does the game footage in the background and just tells a story it could all just be an over embellishment. He could be like a fiction story teller... hahah
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People looking for a fast buck continue to look for a fast buck, even after they win the lottery. Its part of that A corrupt tree cannot bear good fruit... thing.
There was a talk show, everyone knows it (but i cannot remember name) where a person was asking tax advice. He was spending 20-30k on lottery tickets, paid for with his lottery winnings. The host asked why would you do that? You already won. And his response was, you can't win if you don't play.
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Hahha, Yeah it is unreal and I guess I'm so separated from that mindset that I can't grasp it completely. It is like WHYYYYYYYY????
But in a small respect I kind of get it because for instance I don't have any money in Stocks and options anymore. To me that is way to slow compared to crypto for me.
Possibly a bad example but in some respects a lot of people would probably consider crypto the greater risk because of the swings compared to stocks. but i'm addicted to crypto. lol
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On stocks and options, the difference is really what you know and what you believe.
Me and you believe in block-chain. We believe its going to change the world.
Also, we have learned about the stock market. It is a game of musical chairs and the music is winding down. Not only is the stock market going to crash, it is going to crash and burn, then implode, and all it will leave behind is a hollow building and a couple of bronze statues.
So, knowing what i know about the stock market, i wouldn't touch it with a ten foot pole.
Also, knowing what i know about cryptos, i will put every dollar into it that i can. Even if the odds were such as winning the lottery.
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Yeah I personally don't feel like this is the time to invest in the stock market or real estate.
It will be interesting to see what crypto does when the next recession hits. Part of me says people will seek shelter in crypto but then part of me is worried that that crypto will be one of the first things to go when people lose their jobs.....etc. If the toys (sports cars, boats, atv's) have to go then I worry that crypto will be on the list as well for a lot of people to sell.
We haven't seen what crypto will do during economic implosion. It will be interesting to say the least.
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It is rarely those who can manage their money who get bitty rich, like celebs and lotto winners.
I manage money like a champ, so the chances are low that I will get bitty rich.
Ugh, if only!!!!
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It has certainly been weird on the people I saw get bitty rich. Some were non technical people making up stuff and pitching ponzi schemes. Others were delusional man babies who went deep into projects that got hyped up huge for no real reason. Then there were the ones who were able to buy some and set it and forget it and they didn't have to look at it everyday and suddenly when it surges it is like whoa!!!
Having bills doesn't help. lol
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I know a couple of guys who bought mansions in Texas with their fortunes. Like, the whole buying a mansion thing is so dumb and overrated and short-sighted. That's how celebs go broke. You have to have wealth to own a mansion. Not just be bitty rich, but have actual wealth, like hand-me-down wealth. Because you have to pay people to help maintain your mansion...like....for the rest of your life. Why people be dumb?
Ugh life's not fair, hahahaha.
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I really can't speculate on the situation with the mansions. I don't know how much crypto the have and how much they put down on the properties....etc. The property taxes certainly catch up to celebs and athletes after the money runs out. With crypto I would say if someone makes the right moves and has the right timing then they could be Bitty Rich for life at this point.
For instance there is a whale here in Tucson who bought in heavy when Bitcoin was $1. I was mid 30's when he did that I would say and once it panned out and he got bitty rich in the 2013 booms he mapped out the rest of his life and how much he would have to sell each month / year to live through 95 years old.
He wasn't necessarily living a crazy baller life but by his calculations he could live very comfortably his entire life.
If a person gets to a point where they can live years without selling but they do sell some when prices go parabolic they can be pretty set.
I mean just imagine some of these whales on here that invested $1000 and ended up with $500,000 worth. Well at a point like now they can delegate power to one of the paid upvote services, put people on auto votes or whatever else and be earning potentially 30% on their money. Once you don't really need the money to live off of and you get to a point where you would have to try to spend money then it just keeps compounding. I almost feel like a person has to have hundreds of thousands of dollars worth of crypto to really get to that point. But it is all relative for sure
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Thanks man . Don't really know a lot of these guys. Maybe I need to take a closer look at them. Can't believe people would be this reckless.
Looks to be promoting CG or whatever he is talking about by using this Loss of password. And pumping up this other thing ??
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There wouldn't be a big advantage of saying he lost the money because people will watch that account and then if they see funds move in the future it will sort of negate what he is saying but yeah most likely he is just trying to say that to get views which it worked. But yeah how do you say Woopsy....I lost $27,000. Oh well. lol
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