The word cockwire comes from a Chinese metaphor means loser, which is the opposite meaning of tall/rich/handsome guy.
It is called cockwire (the hair around the dick) because they can only watch when they dick are f*cking...
The original Chinese pronunciation is "Diao Si"; Diao means dick, and si means the hair...

A pick me is a woman that is willing to do anything for male approval. She will embarrass or throw other women under the bus to achieve this goal. The unfortunate thing about a pick me is usually the men they are trying to seek approval from are of poor quality and treat women badly, leaving little real benefit for the pick me.

English translation of the Chinese term 屌丝, it means loser