BITCONNECT IS DEAD. What Happens Next?

Bitconnect has officially closed it’s doors, shutting down it’s trading platform and cashing everyone out in the form of BCC tokens. Of course, these tokens are now practically worthless. The owners have walked away with all the Bitcoin.

The promotors of this ponzi scheme, such as CryptoNick, Trevon James, Ryan Hildreth, and Craig Grant are exhibiting some odd behavior in the aftermath. There has been downplaying, shifting of blame, deletion of videos and violent threats. What’s going to happen to them now that this scam has finally come to an end?

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Doug Polk is a professional poker player and cryptocurrency enthusiast. Crypto News is the show to keep up with the latest trends and stories involving Bitcoin price, Ethereum, Litecoin, Ripple, IOTA, investing, analytics, and various altcoins.

I am not a financial advisor, and nothing in this video constitutes financial or legal advice. Please invest responsibly and do your research with due diligence.


45 replies
  1. Dave B
    Dave B says:

    Bitconnect is still going to come back!!!! There are people that still believe this and making videos they are mainly indian people who got scammed hard and just A: Refuse to realize the money is gone B: Don't care if they are going to scam someone else to get their money back C: Are idiots that got greedy.and think they can make a viral video restarting it. They didn't do AN exit scam they did like three with many getting scammed all three times. FKing stupid.

  2. Tim Sullivan
    Tim Sullivan says:

    Truly sorry for all those trusting folks who have been hurt, and NOT trying to add insult to injury…BUT, this is the time when people often retreat into a distrustful, self-loathing, cynical state or, even worse, make a desperate head-first dive towards ANYTHING promising to make things right again, so Doug is quite right to highlight the important lesson of caution. Remember – being taken advantage of does NOT mean you are stupid – however it IS stupid to judge that your misfortune was all because you were stupid to have made that choice. If you don't understand WHY you behaved as you did, you are unlikely to determine the most effective remedy. It's like saying, "What an idiot I am – If I'd got pulled over last night, I'd be in jail now. Next time I'm THAT wasted I won't be so stupid, I'm taking a cab!" But last night you KNEW you were taking a chance and you KNEW the consequences but because alcohol impairs judgement, you did it anyway, You were not stupid to DRIVE drunk, but you ARE stupid to think problem solved bydeciding now to never again be stupid when drunk. As with alcohol, our choices are GREATLY affected by current mood, deep-seated (perhaps unrecognized) emotional needs, physical fitness, diet, sleep habits, etc. Learn how this works – neurological studies have made SUCH extraordinary advances in our understanding the physical processes of our brains thinking, so that trying to analyse your own behavior WITHOUT taking advantage of the wealth of recent discoveries would be like struggling to calculate the precise time by staring at your shadow on the ground – instead of looking at your watch!

  3. Tim Sullivan
    Tim Sullivan says:

    WTF, Doug? I followed a link from one of your old WSOP Final Table break-down vids – and to paraphrase a bewildered Dorothy in Munchkinland, "Toto, I don't think we're in Poker Hands anymore…"

    NO IDEA what crypto currency is all about, but TOTALLY trust your judgement and LOVED how you "polked" fun at these scammers. GREAT vid!

  4. Adam
    Adam says:

    Just noticed the date this is floating around twitter for some reason… still to come out with a video like this attacking some idiot kid on youtube cause he fell for a scam.. why so butthurt. Fucking internet is such a waste of potential. ..ok edit just saw the part about "dont fuck w crypto nick" this is hilarious.. thanks for the entertainment. ah bitconnnnnect!

  5. Adam
    Adam says:

    Wow let it go man. lol It was obviously a scam! Everyone knows it was.. are you seriously still talking about bitconnect lol this is hilarious.

  6. garry garretson
    garry garretson says:

    You never fail to disappoint Doug. its videos like this that keep me entertained. Part of me is mad for the people that lost allot of money in this scam but they really should have done more research on what they were investing in. These guys seemed shady from the beginning to me and i hope they all go straight to federal bang me in the ass prison.


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