Prominent Bitconnect advocate Trevon James has ironically predicted that Bitcoin’s value will eventually be zero, prompting outrage from much of the cryptocurrency community on Twitter.
Florida-based Trevon James made a name for himself by advertising the infamous Ponzi scheme Bitconnect, which withered away following a cease and desist order in January.
The controversial YouTuber faced disciplinary action from the Florida District Court over his role in promoting Bitconnect to unsuspecting investors.
— Trevon James (@BitcoinTre) December 3, 2018
After lying low for a few months, James returned to the cryptocurrency space in August, confirming that he had been “subpoenaed to testify to the SEC over Bitconnect”.
Despite facing a wave of abuse from aggrieved investors who lost out as a result of his promotion, James still posts cryptocurrency analysis videos and comments, the latest of which saw him predict Bitcoin going to zero.
He wrote: “10 years from now, it won’t matter if you bought Bitcoin at $4,000 or $3,000………because it will be at $0.” He then backed up his statement by saying: “If Bitcoin isn’t $10 by January 1st 2020, I will eat my dog’s poop live on YouTube.”
However, Trevon’s claims won’t hold much weight if indeed he ends up in prison; a default was entered against him after he ignored the class-action lawsuit.