# Bitconnect Carlos Bitconnect Carlos is the nickname for Carlos Matos, a New York investor whose screaming, arm-pumping testimonial at BitConnect's 2017 annual conference turned into one of the most-remixed videos in crypto history. The clip became a running joke after BitConnect collapsed weeks later as a Ponzi scheme. ## Overview Bitconnect Carlos is the nickname the internet gave Carlos Matos, an American investor who delivered a wildly energetic testimonial at cryptocurrency exchange BitConnect's first annual conference in Thailand[1]. His shouting, fist-pumping performance, punctuated by drawn-out yells of "BitConnect!" and "Wasa wasa wasaaaap," turned him into one of the most quoted figures in crypto[3]. The clip lands harder in hindsight. BitConnect was later exposed as a Ponzi scheme and shut down its lending platform in January 2018, wiping out huge sums for retail investors[2]. Matos, who was just an on-stage promoter rather than a company executive, ended up as the accidental face of the whole collapse, which is exactly why the remixes kept coming[3]. ## How It Spread Three days after the conference, on November 1st, 2017, YouTuber CryptoSann posted a remix that dropped Matos's speech into a scene from the 1987 film Predator, pulling over 18,000 views in four months[3]. The video traveled inside crypto circles for weeks before jumping to a wider audience. The breakout moment came on January 23rd, 2018, when h3h3productions featured the speech in a video titled "How To Lose Your Life's Savings w Cryptocurrency," which pulled more than 4.3 million views in two months[3]. A day later, YouTuber Lil Jack set clips of BitConnect's collapsing share price to the Curb Your Enthusiasm theme, hitting 722,000 views inside a month[3]. On January 30th, 2018, Dylan Locke uploaded an EDM remix of the Matos speech that racked up 470,000 views over the same window[3]. BitConnect suspended its lending and exchange platforms in mid-January 2018, days before the h3h3 video dropped, which is why the meme spiked hardest during the collapse[2]. Carlos Matos went from crypto sales pitch to shorthand for the entire BitConnect Ponzi story[3]. ## How to Use People typically use Bitconnect Carlos clips or audio to mock crypto hype cycles, especially when a new token, exchange, or trading strategy starts looking too good to be true. Common conventions include splicing his "BitConnect!" scream over footage of the latest crypto crash, or captioning stills of Matos mid-yell with quotes from unrelated investment pitches[3]. ## Frequently Asked Questions ### What is Bitconnect Carlos? Bitconnect Carlos is the nickname for Carlos Matos, the New York investor whose shouting testimonial at BitConnect's 2017 conference became a widely remixed video[3]. ### Where did Bitconnect Carlos come from? The original footage was filmed at BitConnect's first annual ceremony in Pattaya, Thailand on October 28th, 2017, and uploaded to YouTube shortly after[1]. ### What does Bitconnect Carlos mean? The clip is used as shorthand for over-the-top crypto hype, especially in reference to BitConnect, which was later exposed as a Ponzi scheme[2]. ### How do you use Bitconnect Carlos? People typically overlay his "BitConnect!" and "Wasa wasa wasaaaap" yells onto footage of crypto crashes, or remix his speech into songs and film scenes, as h3h3productions and other YouTubers did in 2018[3]. ### Is Bitconnect Carlos still popular? The clip is a classic reference that resurfaces every time a major crypto scandal breaks, though its peak virality was in early 2018 alongside the BitConnect collapse[3]. ## References 1. [https://www.youtube.com/watch?v=DMSdUcvxJ2Q]() 2. [https://en.wikipedia.org/wiki/BitConnect]() 3. [https://knowyourmeme.com/memes/bitconnect-carlos]() --- Source: https://meme.com/memes/bitconnect-carlos Published by meme.com — The Internet Meme Library