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The massacre was as brutal as the Rwandan massacre some 27 years ago.
Many of the analysts who argue that proven in July will be important. They confirmed this as a result of the ongoing Bitcoin network scaling battle.
Read also: Japanese Electronic Market Begins to Adopt Bitcoin
As we approach August 1, the crisis is getting worse, with three major battlegrounds. We now have SegWit, SegWit2x and Bitmain's UAHF.
Most industry experts admit that this is a difficult time in crypto history, but despite the ongoing crypto massacre, the main theme is that investors should stick to faith. Some also say that now is the best time to buy various crypto assets.
Murray Barnetson, an ICO consultant, agrees that this is a rough road that can still get worse if a real panic happens.
Edward Cunningham, of Bitcoin Powpow, argues:
"We all know that July will be a bumpy month due to BTC's split drama, and add to ICO's liquidity - let's start to notice alongside the trend changes in early August. In the meantime, stay as good as possible. We certainly can."
Samuel Dwomfour, president of the Ghana Blockchain Institute, argues that this incident is a good opportunity for those who have not been able to buy crypto assets.
"Maybe this is the best time to contact friends and family interested in buying Bitcoin," says Markus of Bitcoin Powpow.
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