With constant speculation about the value of bitcoin, China claiming to ban exchanges of bitcoin, and some banks trying to create their own blockchains for their countries, What will happen to bitcoin if this become true? Will it be still used ? will it not be worthy anymore ?
The ban in china obviously made some impact in the total crypto market. But it was a short term impact. we have to wait for some time to see if it creates any huge impact or not. But getting back to the first time value is almost impossible I think.