Bitcoin has performed pretty well after every other "China Ban" historically...
The news is unsettling, but Bitcoin has historically tended to shrug it off...
Another year goes by and China takes another shot at bitcoin.
I will admit that this one is different than every one prior, but they were called bans by the press just about every other time as well.
Though, this one is actually a ban.
Irregardless, if you bought the China Ban FUD historically you'd have done very well...
Check it out:
Will this time be the same?
I honestly am not sure.
I fear other countries may make a similar move... bitcoin needs some friends and it needs those friends to stand up now.