Bitcoin price has since tripled over the last fourteen months, reflecting the economic policy changes in China to deal with the economic slowdown as well as the word-of-mouth about Bitcoin being an economic safe haven.
Even if they have a point sometimes, it's only the nutters on here who believe that. Most people aren't going to park grandma's operation fund in Bitcoin.
The price tripled because of many factors. Governmental policies are likely to be minor factors at best.