They banned it a few times and it created a fud. They know very well what their main goal is. Ever has not creat fud that has already progressed towards recovery. China is one of the technological countries in the world. Such decisions or mistakes cannot be expected from them again and again. Due to which a much bigger effect falls on the crypto market.
Banned - Unbanned - Banned again and i wont be surprised that they would lift again the ban and would tell again that they are accepting or its already legal.They do know on how to play the game
and as expected for such country then it isnt really that something new to be somewhat manipulative.We do know on how much coins they do own which does tell that it is totally
contradicting on things that what they are doing unless if those coins been sold off then we can say that on how serious they are on such ban or against with crypto but as long
they are holding it then its always possible that they could revoke their decisions.
At this point I wonder why people care, unless some of the forum members live there then why do they care that China is banning bitcoin for the 1376th time? Let them do whatever they want with their country and let them miss the biggest opportunity of the early century, the countries that adopt bitcoin early are the ones that will get most of the benefits from bitcoin and as such we should stop thinking about China and concentrate in countries like El Salvador and others that want to follow them.