Post
Topic
Board Announcements (Altcoins)
Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets
by
Popoola
on 11/08/2017, 07:08:18 UTC
That would require effort. Why would the devs work when they can just sell off their own QAU covertly over the next few months or years at the expense of those holding? If they don't do or say anything then nobody can accuse them of failure in light of the post-ICO profits they advertise so prominently. As soon as they get more proactive it will become clear how little future Quantum has.

They're essentially relying on those who hold whatever happens (just as they have stated they intend to do with BitcoinCash) and 'black holing' a 'token' amount of QAU every month (that I expect will decrease gradually over time) to keep the illusion alive that the model has some promise.

Sure, the model might have promise in another group's hands, but not in this case. Why expect anything of devs who are unable to fund the production of a new website despite receiving millions during the ICO at the helm? I imagine the next few months will consist of the occasional whale dumping their QAU as they come to their senses, followed by the still devoted (but ever decreasing) followers buying up at what they think is a bargain price, only for the cycle repeat until there are a few desperate souls holding onto hundreds of thousands of tokens with a value of $0.00000000005 each.