Some reports telling that china government's place is second in holding Bitcoin. But we're seeing that china is always publishing negative news about crypto currency / Bitcoin. They've published noticr about banning Bitcoin in a several times.
Ref:
https://www.kevinrooke.com/bitcoin.
What do you think about this? How are you taking this ban? I think it's not something to be worried about. China has done this numerous times in the past and they are doing it again to spread FUD to make the market go bearish. When they achieved the thing that they want which is to make the crypto prices go down, they'll just buy the dip like a wise investor. And I think we should do the same. Don't let the FUD get into you and shaken you up to sell your assets at a low price, instead take this situation as a blessing and go buy the dip. After all this news, surely bitcoin will bounce back like it always does. Don't let the negative news affect your judgment because I'm certain they are doing this for a reason. They won't totally ban crypto because the government itself possesses so many coins itself.