As of now, Bitcoin China has closed all trading functions.
Bitcoin China is one of the three major bitcoin trading platforms in the country. The other two platforms are Firecoin and OKCoin. The two trading platforms will stop all digital assets against RMB trading business on October 31, and their funds and asset retreat work is also under way. However, this did not affect Bitcoin's market. After a set of twists and turns, Bitcoin returned to gains.
What is Bitcoin? Is there any future for bitcoin? Where will Bitcoin go in the future?
I don't know if you are not updated or you are just spreading FUD. This news is very old, China already stopped all cryptocurrency trading services when PBOC ordered it months ago, of course there was an effect in the price of Bitcoin when this happened due to panic selling but Bitcoin already recovered from it. About the future of Bitcoin, it cannot be predicted because no one can really know what will happen, it can grow more if more countries, businesses and people will adopt it but can possibly disappear if all people will lose their interest on Bitcoin which is very unlikely for me because countries can implement a ban but they can't stop people from trading cryptocurrencies, Over the counter (OTC) will be a huge thing if a country will ban cryptocurrency.