Agree with the posters here that we should not be sucked into the FUD that is going on regarding China.

Nobody knows the eventual plan and outcome. But taking China's track record, it will definitely not give up something in can make money out of. The state just needs control, and control us what it will get from regulation.

This to me does not spell the end of btc. But rather a pause for the regulators to take stock before continuing in this blockchain journey. And perhaps for their own insiders to get a good low entry point as well.