It's a classic PR spin. A little bit, but not too much of wearing sackcloth and ashes. Promise that they will improve and talk about technicalities. Personal reply to everyone that gives them support.
If you look at the content, they've addressed none of the concerns community had and made it hostile towards the management in the first place.
I'm very surprised that the ICN price has risen after another disappointing AMA, and then closing their Reddit...
Any ideas? They're buying up more ICN themselves, or maybe with CCP funds?
I think most people trading ICN have no idea about their AMA on reddit. Or any other bad or good news.
Yes, most people will do no research about the coin they are buying, they just think they can gain profits then they buy and sell
Jani closing their reddit was the signal that made me sell my ICN. Unbelievably unprofessional... I was for sure the price would tank.
I can't believe there are many companies where a CTO call the investors "backstabbers", and the price spikes afterwards by 20%.
Crypto is a strange space.
I still believe in the project long term so I'm tempted to buy in again (even though I'm at 20% loss now)...

I think I'll wait a bit and hope the price falls back.