After bans on exchanges and initial coin offerings, bitcoin miners fear they are next
I am guess just like all the websites that china copies and makes one for themselves, china one day will have their own national cryptocurrency, it will not be bitcoin and it will have a weird looking name but in the end it will be their own cryptocurrency that we can easily exchange and that will put a lot of money into the crypto world because there are a lot of rich people in china looking at the government trying to figure out what kind of approach china will have against the cyrpto currencies.
As soon as china creates a new coin and makes it legal to use those coins and creates a space where you can even buy and spend it, we will see a lot of money pouring into the crypto space.