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Author Topic: BEPRO being attacked by random guy on reddit  (Read 85 times)
Coin_trader (OP)
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April 03, 2021, 01:07:38 PM
 #1

There's recently a FUD post circulated on that accusing BEPRO for having a malicious token sale/distribution on Kucoin. This kind of news is not since $COTI and $OMI experience this too. BEPRO lose almost 20% in a short period of time after the release and many random reddit guy suddenly support the attack even on telegram.

Gladly, BEPRO team address the issue immediately and clear all the speculation of the reddit author.

What I'm trying to relay here are people always easily to believe on this kind trick and small caps coin always being target by this kind of scheme.

What do you think about this issue.

Original Reddit post:https://www.reddit.com/r/CryptoCurrency/comments/mizgi0/bepro_how_an_ambitous_team_with_an_unfulfillable/?utm_medium=android_app&utm_source=share

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April 03, 2021, 01:52:04 PM
 #2

What I'm trying to relay here are people always easily to believe on this kind trick and small caps coin always being target by this kind of scheme.

What do you think about this issue.
Of course this sort of thing happens every now and then, some people create FUD amongst the community of investors of a particular coin, it happens even on the Bitcoin network, the thing is, the users who would believe such tricks are either newcomers or people who do not believe in the network of the coin that's being targeted. In Bitcoin's case for example, there have been quite a lot of attempts to cause FUD and panic sale in the BTC network, so prices could drop, and then they could accumulate, but taking a very close look, it's more of newcomers, people who haven't done adequate research of the network and get rich quick investors that are often guilty of selling out of panic caused by FUD.

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April 03, 2021, 02:04:36 PM
 #3

I do not feel surprised at all because I have seen this kind of attack a few times before in just a week. people are easy to manipulate after series of rug pull and scam, it is understandable for people to panicking after reading that newspaper. I am not going to lie, that looks legit though.
unless you do a deeper research, there is no way you will spot the twist.
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April 03, 2021, 02:22:37 PM
 #4

Reddit has a strong cryptocurrency community. What you are hearing is the negative aspect of that community. Since a lot.of scams habe happened in the past and till date people easily fall for such FUD. If the team had not reacted to this FUD quickly it could have jeopardize the project. You cannot control this phenomenon, where is good there will be evill too.

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April 03, 2021, 02:23:36 PM
 #5

I think the BEPRO team will appeal first before removing it. so that we don't leave question marks. We know that there have been many attacks recently launched to bring down one particular party. so to ward off allegations that are untrue, perform appeal data and references that will incriminate that the allegations made are not proven.

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April 03, 2021, 02:29:55 PM
 #6


What I'm trying to relay here are people always easily to believe on this kind trick and small caps coin always being target by this kind of scheme.


The cryptospace is full of people who either shill the tokens that they own themself to make people buy that token so they can dump their bags on them. Or they try to spread FUD about a project because they own a competitor project or they want to invest in the project and therefore want to bring the price down before they buy in. As a experienced crypto trader you know about the reasons for the shilling and fudding, but when you are new and unexperienced you maybe fall for this stuff and make wrong decisions that can cost you a lot of money.
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April 03, 2021, 02:34:23 PM
 #7

What do you think about this issue.
For low cap coin, it’s easy to manipulate the price by spreading FUD. Last month or in February, Polkabridge had a DDOS attack on their website, and they shared the news in their ann channel. Some people just instantly reacted and the market crashed for a while.
But, at the end, some people got benefitted. They bought that crash and made some good money. Some people can manipulate low cap coin to get cheap coin and make some good amount within short time. I have seen this lots of time here.

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