The 1 Bitcoin Show- Lost coin numbers, Norway, Tesla, Bcash, crypto trading addicts

hello everyone this is adam meister the bitcoin meister the disrupt meister welcome to the one bitcoin show today is May the 29th 2018 strong hand long-term thinking uncuff is skateable alright check out the links section below everything I talked to it about in this video is mentioned below get your treads or your t-shirts ledger nano discount codes I'm gonna be in Calgary in early July check that out Boca Raton the event June the 12th check that out it's all linked to below I just got back I mean Bergen Norway obviously and we just had a great meetup here I actually spoke like non-stop for 90 minutes and it was question and answers it was a blast and then I stuck around for 90 more minutes so it was a three hour hangout a lot of people were there i from what I could tell it was a pretty advanced audience not didn't see like there were a lot of beginners there most of the people were from Bergen there were a few Outsiders uh that were in town they came out and it was really great to meet some longtime viewers of mine I was surprised by one guy who was there I didn't know he's gonna be there is great to meet you and then there were the dudes that I expected to be there and those are awesome guys too I linked below to a picture that someone took a lot of people were taking pictures afterwards so you can see it was it was a really fun time here in Bergen tonight and you know you if you're in one of these a modern in Norway's a very modern country very high standard of living beautiful country and I think a lot of the people when you go to one like this you get some I mean you get a new and you get an energy you feel the energy surrounding the community here and how cryptocurrency is definitely here to stay and there are a lot of knowledgeable people here in the second largest city in Norway and it's it's not going anywhere and people are excited people are knowledgeable people are in motion so again I encourage you wherever city you're in to have a meet-up to meet up with other people it's really encouraging everybody has a good time you know invite outsiders to come you never know who's visiting your city not everybody here in YouTube land travels around for whatever reasons I think it's great to travel around so you never know who's gonna be you never know what I'm gonna be in your city next so I who knows we're gonna meet one day you know though who you are now I don't know who you are now but we're gonna meet you know who I am as you're watching and it will be it will be a true pleasure to me but be you know there was there was one guy tonight who was from Palo Alto originally he told the story is a very interesting story it's gonna deal we're gonna talk about with lost coins because later on I'm gonna give you an estimate on how many lost coins are actually out there in Bitcoin well anyway this one guy from up who was in Palo Alto LEC he was there he said eight years ago someone gave him some Bitcoin on a phone of his an old phone and he is totally lost the phone now and he wanted to know figure out some ways of getting this Bitcoin back and he didn't see how many Bitcoin it was it makes me think it was probably more than one I just said you'll find the phone you gotta find the phone first if you find that phone and it's more than one Bitcoin that's on there I mean you'll be able to pay someone quite a bit to find it and it'll be worth your while to pay them that amount to you know if you're able to get me my three Bitcoin from here you're gonna get paid five thousand dollars or something like that okay because right now the dudes not getting it but it does it kind of brought me back a little bit if you're in you know Palo Alto which is the center of so Kahn Valley and he said it might have happened in Sunnyvale the point is it was in the same it was in the center of Silicon Valley I mean you get you get the tech there before any whip one so make Steve wonder how many really old-school people who were just involved in technology back then in the belly of the beast got little got one Bitcoin put onto their cell phone for the heck of it and now it's eight years later and they're just like oh my god how do I figure this situation out now so it was rant meeting this guy tonight kind of put a real face on the lost Bitcoin crowd and find your phone man and you know talk to some people and also if we were wondering he couldn't remember the company they gave him it who was creating wallets back then he said if anyone out there is watching it says it has any insight if this story sparks any bit of like memory for them you know email me at a mattress or help calm and remember check out this rupp follow me on twitter at tech ball and of course fema at bitcoinmeister and pound that like button people and yeah it was it was really great to uh was like this everything that it was it was great questions like really great questions let me see there was another guy there who was a big hash fan and that was interesting and it made me think III you know i talked earlier about how in i'm gonna be an Oslo in a few days as it seems like there's some be cash people out there it was be cast there too guy here today and he was uh definitely into his be cash so another guy brought up something very interesting he said um he's like you know I mean I would be down with this be cash stuff if they were a friendly fork if they didn't go about to the unfriendly way that you know king of the trolls tries to make it out to be Bitcoin it did if king of the trolls wasn't trying to do that trying to say this was the real Bitcoin I would be like yeah dude this is this is what the guy was saying the guy was saying you know he he would be cool with be cash and it just got me thinking I'm like you know what what yeah what if the P cache was just a totally friendly fourth they could have done it they can still go about and if we can still change their ways and I think a lot of people will jump on their bandwagon and say you know what you want to do this coffee coin type of thing you know good for you you're using the Bitcoin name good for you you're not saying your Bitcoin good for you we want you to do better than – sure so I mean there'll be plenty of people who have but just that it's kind of got that toxic start to it and then there is this it's among some people in the Bitcoin community they're just very suspicious of anyone in the beat cash community I'm not one of those people I know they're good people to be cash community but this this guy in Norway you know he made me think tonight so again that's why going going to these events can really make you think and you know here in the first world in the in the in the very developed world they don't need Bitcoin yet so it is interesting to see how they are using it and thinking about it and you know it's a store of value for me remember plenty of hardcore Bitcoin people and there were people that were open had their minds open to other coins – and were were traders so there were there all sorts of people and again I told my stories from Zimbabwe where they actually need Bitcoin now so anyway that that was good so this Bitcoin core joke of a coin which is just kind of a poke at be cash from the people who maybe classic i I do link to a Bitcoin article that gives a little bit more death to the story should we say you know I'm still not exactly know it gets because a big tongue twister it's a fork of a fork of a fork or is it really be classic or is it just a wallet you know whatever it is it is kind of hilarious and people are paying ten bucks for it or nine bucks for it we'll see how it develops it's it's an interesting take you know it's a peaceful way if someone is say is trying to like paint Bitcoin in a bad light and use a different term for it then you just take ownership of that term you take ownership of the term Bitcoin core so whenever they they talk about it it's kind of more of a joke now and and might pump up an altcoin who knows how these you know I've heard of all coins pump for reasons that are less less logical than that all right so speaking of pumps everybody in in the United States of America people got back to work today and immediately you know the price of Bitcoin just goes up two hundred dollars or something like that and it is it's funny because you know you have these people who are traders and dude you you're putting your money on the line when all the sun's something can just pump just because a bunch of people got back to work in the United States and unless that might have not caused the the whole pump up the cryptocurrency market today but it might have and and it just shows you how fickle these markets are you know just because people came back from their vacation you're either gonna lose a lot of money or make a lot of money because if you're a trader and you're playing you're a gambler imbedding so if you're a short-term gambler I mean yeah good luck you're you're making money and losing money based on people coming back from their own memorial day drunk fest it's your choice I have a strong hand I'm a holder I think long term 2020 yesterday in the the chat a guy named Casa Berkeley said something very nice thanks Adam very inspiring you keep me focused on having a strong hand I am going to set and write down my Bitcoin goals I think that might have been a woman actually cause of Berkeley who knows but yeah that's actually a really good idea dude or dudette write down your Bitcoin goals why not that's it that kind of makes it more real and makes your hands stronger I never thought of that old school on your part and also when you're writing that stuff down take that pencil out of your hand and pound that freaking like button all right here we go here's a tweet from Matt Galland this is he check out this tweet but it shows a chart and here it says our final estimate from looking at the UT EXO age distribution is that between 3 and 3.8 million Bitcoin are lost whoa there are currently 17 million bitcoins in existence using their estimates of lost coins brings that number down to thirteen point two to 14 million Bitcoin so dudes if you're a 14 Bitcoin you're in great shape because there's probably only 14 million Bitcoin that are not lost right now at the same time that dude from Palo Alto his Bitcoin is part of that 14 million ouch but dude can still find his phone by net phone man buying that phone but no this is interesting because again we this is seems like a pretty scientific study of the India you know how many Bitcoin are really lost it's not just some guesstimate so between 3 or 3.8 million so there's between the there's really only 14 million Bitcoin out there at most okay let's say let's say that's the thing so get yourself um what get yourself 1.4 bitcoin man then you're moving right up the rankings there okay the london independent someone sent me this over twitter what's it say UK hospital launches rehab program for bitcoin addiction experts at scottish rehab center sacred for bitcoin addiction experts at the scottish rehab center say crypto trading holds appeal for problem gamblers yep problem gamblers and bitcoin traders there's a big crossover there big crossover there come on come on guys this crypto trading can be gambling and you can have a problem one 800 gamblers everybody you know when you're Las Vegas or Atlantic City they have this a bill billboards that say these public service billboards I guess they they have to buy and the government makes you have these in these cities 1-800 gambling or whatever it is I don't know people actually call that made me think of that but no there is no 1-800 number for your crypto gambling addiction you got to get off of it cold turkey with your strong frickin hands dude and just think long term do not be impulsive because you know you're losing a lot playing around with your 6-tier altcoins and whatnot so here's a dream big I tell people I was tell people to dream big and the guy uh McTell money had another video that came out recently or maybe I watched it today and he's talking about network marketing which just can be like a big Ponzi scheme big pyramid scheme lots of times but there are look there are legitimate network marking marketing companies out there and he said 96% of network marketing people don't make any money and some say 99% of people in network more and I'll link to the video below so I know there are a lot of guys out there that want to be their own bosses they want to you're not your own boss when you're doing a network marketing you're selling a product and the way you make money is by selling the business is by you know getting other people to be under you and and this guy explains it all and if you gotta have a salesperson mentality it's not that easy and if you're here on the internet you know wondering about this stuff and you never get out you never go to meetups you don't even know that many people there's nothing wrong with that but you're not going to be a good salesperson you're not gonna be able to do this network marketing type of thing it's a shortcut it's an easy thing it's impulsive it you know yeah bitcoin is the real thing dudes all right bitcoin is the way you dream big bitcoin is the way to be your own boss you hold it it's that simple and I know it doesn't seem that exciting it doesn't seem it doesn't seem as exciting as you know selling this new awesome product in convincing people to work under you and they have underlings now you don't need to have underlings you don't need to have a pyramid beneath you and some people might even talk why are you comparing network marketing a big word but cuz they're a lot of guys it boils down to this like well should I get into Cutco knives or should I buy Bitcoin and to me it's so freakin obvious dude do the simple Bitcoin don't and that's that's how you dream big with pity you're gonna be your own boss through Bitcoin through patience through not being impulsive because the other stuff it 96% of people don't make money at the very least all right truly be your own boss alright we're not you know a Salesman it's hard to be a Salesman it takes a certain skill set to be you know when I when I used to work in the close to corporate world I worked for some internet companies in my day um I you know I was just worried about these salespeople like how hard can it be it's something I don't like to do but you must love you know it is hard sales is a hard thing it is a real skill and it's something that hardly anyone can really do well so don't get into it it's not worth your while to get into it when you could just make some solid investments and live within your means for God's sakes and in the long run it will work out and Bigpoint is one of those long-run type of tools that you should that you should consider way over network marketing finally CNBC and this was inspired by nori this article is actually from January says Norway uh was a Tesla Model X is the country's fourth best selling car subsidies free parking and toll free roads are all part of the package so I'm when I'm running around here in Bergen I see so many freaking Tesla's it's unbelievable and it is because they don't have to like when the Norwegians they're smart people they do car cost-benefit analysis when they add up all the discounts they get for buying this high-end luxury car it's worth it it's worth it it's the same as buying a Mercedes or what Kujo or a uh what was it called uh hybrid little hybrid and pride Priuses so again I mean I'm not a big fan of government subsidies or whatever but if they you know you can complain about the government subsidies or if you're in many but if you're stuck in Norway to take advantage I mean you're not gonna have to pay euro towels anymore and some import taxes are gone and so a lot of people have done they're smart people here they are definitely smart people here they're peaceful people here and they're buying Tesla's because it's worth their while and they're living it up and then you know Tesla is a good car and that's you know Elon Musk again people like to rip on the dude that is a big dreamer there that is a guy I like those type of guys that you know they dream big he doesn't have it they don't advertise it all either they don't go about he doesn't go about things a traditional way and so you know if a country like Norway is gonna play into his game then I guess they're gonna play into his game they're gonna hook him up and he's gonna become bigger and bigger does I mean he wants to go to Mars that dude and and everything he does is making money toward getting toward that goal and it's it's really awesome so again I've talked about I am not a car guy at all but at my first time in the test love which was a Bitcoin guy picking me up in a Tesla in Los Angeles I have you know I'm like I got to get my dad one of these after the 2020 having if I feel comfortable doing so at that time so you know that that's Adams first uh luxury item ever heard anyway yeah so that's just giving you a little taste of Norway if you're ever walking around Bergen you're gonna see a lot of Tesla's surprising amount and this is though who knows how they're gonna go who knows how he's gonna go about it in the future spreading the Tesla around I'm pretty sure this dude Elon Musk is gonna change the world and just tremendous tremendous tremendous ways but he's a positive and he's not a blamer he just goes out there he's in motion all those should be in motion with Bitcoin pound that like button i'm adam meister the bitcoinmeister the disrupt meister remember to subscribe this channel it says do you share this video check out the notes section below i'll say hi to you dudes in the chat see fi

21 thoughts on “The 1 Bitcoin Show- Lost coin numbers, Norway, Tesla, Bcash, crypto trading addicts”

  1. BTCC Bitcoin Core is a troll fork from Bitcoin to sidetrack King of the Trollz Darth Ver when he constantly calls BTC Bitcoin core… well buddy not anymore – so genius.

  2. When bitcoin doesn't give you enough excitement, try to eat some salmonheads. Yesterday I coocked some for the first time. It tasted way better then I expected.

  3. You can still buy cheaper electric cars in norway and get the same benefits. Therefor you can buy more bitcoin. Winning.

  4. Adam, they should hire you as doctor in that Scottish "Crypto Clinic". Soon compulsive shitoin peddling will be recognized as yet another mental illness.

  5. Bitcoin cash was 100% friendly when it forked. The people on r/bitcoin created r/BCASH and started a campaign to make BCH unfriendly. We did not even say bch is the real bitcoin until late in august after a month of bullying and propaganda from certain crypto news organizations. we tried to be friendly and kind but it was the world crypto network that had a 7 hour live hate fest on August 1st we just tried to do our own thing. You need to quit blaming the victims and start calling out the people on your own side using these bad tactics from propaganda, censorship, name calling etc and need to start practicing what you preach. we only fought back after BTC ers refused to accept us as a legit fork. in fact most of us begged for us to come together in peace for the good of btc as we started to see btc suffer in January and again the btc supporters again refused to accept that olive branch.

  6. Phones are trashed to get their silver. The price of bitcoin is going up because of the problems Italy is having.

  7. Speaking of lost coins, how far into the future do you think it will be before quantum computing can crack private keys?

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