Good thing that someone has finally gave us the realization on why Bitcoin is decreasing its value right now. I think this is one of the factors why the value of cryptocurrency fluctuates and we just hope that the countries banning bitcoin will not increase for it will affect the aggregate value of of Bitcoin.
I think there are many things goes against bitcoin time to time but it will not effects bitcoin price. Standing against bitcoin can simply be a set of very hard regulation rules, huge taxes, lots of registration and document submissions, practically making it harder and harder to get involved with cryptocurrencies and mostly the businesses will take the hit. but they simply relocate to a crypto friendly country as it has happened before.