Lol this guy.
Just two days ago he was tweeting that he heard from "trusted sources" that this was just the beginning of the China ban and that things would get much worse from here.
I think we found one of these whales he's talking about...
It doesn't matter though, even if China wasn't planning to ban Bitcoin initially, you can bet your life that they got wind of the influence Bitcoin has with all this drama and they want nothing of it.
So bans ARE in the works, and not only in China, the only thing allowed to be in control and set strict rules are the Governments and banks in these countries, and they are big in numbers.
My prediction is that within a 2-5 year time frame Bitcoin will be illegal in 99% of the worlds countries and only be allowed in Antarctica or some other place where nobody actually lives or does anything with it.
You have to be really naive to think the 0.1% of people holding 99.99% of the worlds wealth will give that up for a silly monopoly money computer program.
This is delusional game theory. 99% of governments have never colluded to do anything, this time it will not be any different. Someone's ban is someone's else gain, meaning that, if a country bans it, another (smarter) country realizes they can now have a bigger piece of the bitcoin pie.
What will be fun is when all of the countries that previously banned it realize their mistake and unban it again, pushing the price up further.