anyhow bitcoin will fall under $2000 and will rise again.
according to me it is not correct time to invest now, wait for few more days
I too have started to believe now that investment at this time needs to be avoided. It seems that overall there will be a negative impact after CEO of JPM have started that bitcoin is a fraud. Least we can expect now is that some other country do not ban bitcoin else might be bitcoin will fall drastically in coming days itself.
Yeah I was expecting this news from many days because it is really impossible to ban bitcoins in china which has very large number users and even the state holders of China have invested in bitcoins, they are just trying to control the prices of bitcoins to avoid fluctuations and volatility of bitcoins.
China having many users but they are against japan that's why they are going to banned bitcoin which is not impossible there people will go and strike against Chinese government...
If China is against Japan banning of bitcoins is not going to do any harm to Japan because this currency is not own by anyone. Moreover, illegalization of bitcoins will be more destructive to China itself and honestly, sooner or later China will again show up in crypto coin world. It understands the strength of bitcoins and that is the reason why 80 percent of bitcoin trading was taking place in that land.