Looks like the dump started on old Quantis. For sale volume is currently 182,000. The highest for sale volume ever. Looking at transaction patterns, it is very likely the newly for sale coins on the exchange are at least 50% of the old swapped coins. Masternodes still at about 50% and most of the coin transfers appear to be swappers.
If true, this is exactly what I meant by burning Quantis holders who do not swap. I honestly did not know which way this would go but it looks like the Team is burning current Quantis holders and taking the profits. The team previously called Quantis holders such as traders, miners, stakers, and speculators dead weight.
Old Quan swappers did you get a cut of the sold old coins or just the new tokens being promised on January 4?
I previously though the team would make an effort to support both and old new coins, but I guess keep the Quantis Identity was worth burning the current traders on Trade Ogre confused by the crazy trade dynamics.
This is exactly why swaps usually send old coins to a burn address or simply give new coins to old coin holders.
So many red flags on this swap. It perfectly modeled the Howey Coin
https://bitcointalk.org/index.php?topic=3920469.0 put out as an example.
Next steps for this team are like a TV soap opera and well worth following the coin in the market. Will the QuantisNet coin takeoff? Will the Quantis team push the current Quantis coin to zero on Trade Ogre to support the delisting of old and replacement by new? Will peeple start trading the New Quantis on the Quantis Team exchange being devloped?
The Art of the Scam, nothing changes in thousands of years human development.
I am still thinking of dusting off my old L3 to keep mining pools going if they get weak. They are currently running 30 GHS and will likely hold. Suggest other do the same if you wanna keep old QUAN going strong.