Initial reports from Chinese media that the government plans to close down domestic cryptocurrency exchanges have seen the virtual coin shed more than $100. Bloomberg and the Wall Street Journal also reported that the country is planning to shut down digital currency exchanges.
Do you have any source for this information?
And to answer the original question.
It will definitely not die. But i am wondering what would happen in the scenario when China bans mining?
How would that impact the price and transaction speeds and the whole network ?