Another newbie account created to spread FUD. If there were any truth in this, you would have seen a massive drop in the price. Some people are just trying to push down the price, by spreading all these rumors. We have gone through this before a couple of years before and they still use bitcoins. The exchanges are still operating and the miners are still mining. The price has gone up, since these shills has started to post FUD. Nice try, but we are not falling for this. Hodl for life!
Yes, we should all be holding our share of Bitcoin as much as we can. We have already discounted the China Effect and i am hoping that soon any news coming from China should be treated as just non-news. Maybe it is really high time that we disconnect ourselves from the immense power the China government may exercise over us. As to the ban of exchanges, nothing is definite yet and all of this news are just rumors for now...and I am hoping that it stayed that way.