That Black Moon shit is copy cat of ICN.. I would never buy into a project with no creativity.. Bunch of losers!
But what really burns me is the lack of communication and transparency from the ICN team.
I have too much money on this project to give up and sell my ICN at these crappy prices.
I do believe that there is still a possibility that the team will make good on us the HODLERS but they are making sure that all the weak hands dump first.
This could take some time yet...
Since there is no current transparency on many issues right now, I will have to wait until the their next financial report to make more intelligent decisions about the future of this project.
edit: I forgot to say that I hope that this Black Moon SHIT motivates the ICN team to do what is right for ICN HODLERS.
Yes it hurts to see price fall and what hurts more is the silence from devs.
"devs" is Iconomi and they are over 30 people already. The are conducting a monthly AMA, monthly update and blog post for updates. They are not, and will not hang out here, slack or other places to answer questions and hold hands.
You have 95% of the crypto projects doing that. And all of them don't have a working product, or a clear business model. ICOs and bullshit project hype will be over soon, I estimate this bubble to pop in less than an year, and then all cool projects that were updating concerned investors, and were hanging out in slack, twitting and doing social media PR will be left with nothing.
Very few will survive this, and I am positive that Iconomi will be one of them. Market is hyped and doesn't care about values or a working product. For now. This will change soon.
It is 100% similar to the internet at the beginning and the dot com bubble.
Iconomi will not update individual "investors" and won't change their way of communication for now. We are still in the development phase.
