The Scary Truth About Trevon James
When I first got into crypto, I found a guy on Steemit and YouTube named Trevon James. He would do videos, apparently right after the woke up, and talk about different things he was doing in crypto.
One of the ways that he funded his videos and made him some money, was asking people to use his referral links. He got a lot of followers and a lot of people clicked those links and watched his videos. I enjoyed the content he was putting out.
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At some point he started talking a lot about Bitconnect and why wouldn't he, he was making a killing. Many people saw how much he was making and decided to do it myself. I have to be honest, I even clicked his referral link and signed up to Bitconnect, but never really did anything. I had this gut feeling that it was too good to be true, and I didn't want to put almost all of my Bitcoin into a platform I didn't trust. So I never did anything.
A lot of people did sign up and took Trevon's advice, but then the site went down and a very large number of people lost money. Some lost their savings and kid's college funds and people were angry. They wanted someone to blame and Trevon is getting the blame.
You can tell in his videos he is kinda shell shocked. He himself lost a ton of money from Bitconnect, but he never expected the backlash he is getting. It is kinda crazy. People are literally searching for him on the Internet and now it looks like they found him.
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This is scary. Here is a guy who flipped burgers and started making money with some crypto and told the world about it. People listened and he always said that he wasn't a financial advisor, and to do what's best for you. He would even say don't invest more than you can lose. He said all the right things, but people really don't like this guy right now, and it's sad.
Maybe there is more to it. Maybe he knew it was a sinking ship and still made money off of people, but I don't think that was the case. At least that's the way I see it. He was one that got scammed too. Now he is the fall guy and people are mad at him because he gave them a referral link. The scary truth is you better watch what platforms you support with your referral links.
I've given dozens of people my Coinbase referral link and made some money off of it, but what if it goes down? What if it crashes and they walk away with all the money on Coinbase. Are the people that I sent the referral link to going to be mad at me?
More things like Bitconnect will rise and fall, and people will get excited about them and then they fail. When things like this happen, we can't blame the people who told us about the platform. The best thing to do is blame the people who committed the crime or yourself. I mean, if you can put in $10,000 Bitcoin for loans and make $26,000 in 150 days, something isn't right. I know crypto makes some people think that money can grow on trees, but this is getting ridiculous.
If something seems too good to be true, then it probably is.
I feel bad for Trevon James and hope he can find a way to get past all this crap. Maybe really investigate projects and platforms before promoting. lol I still watch his videos, he always puts me on to new stuff I didn't know about. The thing is, I'm not going to do anything that I don't believe in or trust.
Do you think people are going too far in blaming Trevon James?
Let me know your thoughts in the comments below.
Thank you for reading.
I don’t support people stalking him and intimidating, but this statement is wrong,
He didn’t say all the right things. The internet is full of people like this at the moment. They make a lot of money from their videos and just put a disclaimer at the end. The fact you say “ I’m not a financial advisor” at the the end doesn’t cut it. He was giving financial advice, he knew he was giving it, and he was making money off it. You can’t take the money when times are good and then hide behind a bullshit disclaimer when things go wrong.
Real people, make real decisions based on the advice that these people give. They take real risks and make real loses. The fact this guy was making a commission just makes it worse.
I don’t support victimising him, but if he’s wearing the consequence of his actions then good as far as I’m concerned. From what you’ve said he’s still making videos so clearly the fact that people lost a lot of money following his advice doesn’t bother him too much.
i have sent and received comments from craig on steem. I think he's a really selfish guy.
As for Trevon, i dont think i can give him any cred. Who am I to say? but it is just my feeling from having watched his videos in the beginning too. He loses credibility from making uneducated and uninformed decisions. It affects many people because he is a whale. His whale status is undeserving for someone who lacks business knowledge in deciphering bccs model.
I gotta say-- forgive-able & redeemable -- but Fuck these guys for fucking up. lol. No offense, but there shouldn't be any slack for these amateurs. I respect some whales for promoting the community positively. These guys had it coming with all the warnings. Not days, weeks, months, but a whole year of warnings from the community.
Who is craig?
I agree, I like watching his videos because it was an honest look at what someone else was doing. I rarely took his advice, but I also consume a ton of content. He was just one of about 10 different people on Youtube and Steem I followed. I do agree about bitconnect. Everyone was yelling scam. lol Some people are just blind by money. I just hate that people are hunting this guy down. That is a little scary and unnecessary.
ohhh man. i understand how people can be really overboard. that's bad. i check in with trevon occasionally. just to hope to find a glimmer of positivity in him learning a lesson. Kinda interesting still haha
He is overcoming it now as i keep following him on Steemit.
I used to watch those videos and i knew something was not right about bitconnect!
People are just weak to blame themselves,people always look for someone outside themselves!
Its the same thing here on Steemit,they always tell us to consult our financial advisers and dont invest more than what we can afford..
People should mature up and blame themselves.
I hate that he is being chased down. That just isn't right. I hope he continues, I think he is funny and wouldn't wish anything negative for him or anyone. I hope the people that lost money on Bitconnect can find a way to recover. Thanks for the great reply.
in this case we do not know who we should blame, because he also lost a lot of money, sometimes people just looking for a scapegoat to blame, that's all that isa convey...
Greetings from me @walkingkeys
It is scary they are hunting him down. I hope nobody takes it too far. Blame doesn't cure problems. I agree with you. thanks for the reply. You got a new follower.
tracking the dude down is too much..it was pretty clear that bitconnect was a ponzi. folks just need to do their due diligence.
I agree. That is one thing that is scary about crypto. Not everyone is doing their due diligence and that will keep bad press in the news.
I was not gonna follow others.
He has visions too.
He was getting dugged in it.
We dont have rites to blame him.
People that blame him are not learning from their lesson. Very wise.
I unfollowed Trevon a while back. Bitconnect never made any sense to me.
You made an interesting point about referrals to Coinbase. The thing about your example of referring people to Coinbase is that Coinbase doesn’t make any grandiose claims except to hold your USD and exchange it for crypto. All of the most reputable figures in the crypto space give Coinbase a restrained nod of approval as the stepping stone for US citizens to turn their fiat into crypto. At the same time, those same people also say that it’s not smart to leave your crypto on an exchange for very long. So if you referred someone to Coinbase it’s well known that centralized exchanges carry “caveat emptor” and you should be honest about the potential for losing money.
Bitconnect was different in that I don’t know of any reputable programmer, investor, business person etc. in the world of crypto that supported it. I could be wrong.
Trevon made Bitconnect a lot of money and I would say that if he made hundreds of thousands of dollars or more through promoting the platform, then he was a contractor for Bitconnect and should accept the consequences of his bad association with them.
He was still recommending bitconnect to his followers even though the news has come out that bitconnect is done.