Chinese government has been making moves to control the influence of bitcoin on its economy but bitcoin keep rearing on international market. I think the decentralized system of bitcoin make it impossible for any government to binned its activities. We should also know that the fake news site are just promoting lie in other to create panic in other for amateurs traders to sell at lose and blame China regulatory agency for their woo.
Just shows the bitcoin is really uncontrollable by anyone. Just imagine China, who has so much influence on the market has little effect now as time goes by. Initially it cause a lot of nervousness amongst us, but we have crossed that barrier already and now the price has recovered by all the shenanigans coming from them. Just so sad that they are the movers of crypto's, however their Government has perceived its bad effect to their economy that's why they made their move to somewhat limit its influenced on their citizens. Let's see about mining then. They will target it as well but Japan and other countries will just take over and it will be good that it will be distributed in a global scale and not just monopolized by the Chinese.