We're going to keep hearing "Chiba bans Bitcoin" until they actually do.
I do not want to be a dick, but this is a really good read about all this China FUD
http://fintekneeks.com/zerohedge-fakes-bitcoin-panic/. Especially the part, where they point to the fact, that China had a +buy volume during the selling, and how insignificant bitcoin is in a 100 trillion market.
Just a thought.
it doesn't matter what the truth is. there are enough scared children in the bitcoin market willing to shit the bed and run straight into the hands of the adults controlling them. this'll carry on until a majority of coins are in the hands of more hardened traders.