Wow just so much FUD and FUD is all it is. Zero backing, zero truth, just people (probably banks and governments) spreading trash to drive down the prices of crypto. So A they can buy more and B to scare you away until the FOMO kicks in.
No way is China going to ban crypto. If you believe that, then you really need to get to know China. Id be much more worried about Korea banning crypto, again I don't believe they would do this.
You know all bans achieve is making people want things more. Ban drugs - people will buy them. Ban guns - criminals will find them. Speed cameras to catch cars - radar jammers and fake plates. Prostitution - people will sell sex for the price of a packet of cigarettes in Coventry (Big Mac is same price). What we need is to invest in projects we believe in. Even if the Shxx its the fan I will be ok with my portfolio. Especially DeepOnion due to TOR, OBFS4 and Meek integration. You can try to bank things, but that makes people work harder to find ways around problems with real solutions.
I often compare Crypto to "illegal Downloading". For years governments, corporations and other various teams have tried to stop it, and as a result have made it more popular than ever. Everytime they removed a release group or search engine, a bigger, better and popular one has taken it's place.
I suspect the same with Crypto.
As you stated, we are seeing this now. Bitcoin is the primary target, but in the sidelines the likes of DeepOnion have developed almost unstoppable coins which are untraceable (you can't identify who sent/received and you can't identify where in the world). We are in the brink of integrating Crypto into everything as well which will make banning Crypto very blurred (imagine an Android OS which Crypto is built into).