Considering the fact that China keeps fighting to make sure they totally ban anything that has to do with Crypto (Bitcoin), we now notice that these days, their announcements now has less negative effect on Bitcoin, I.e Bitcoin don't fall careless again because of news from China like before.
But yet, investors and Bitcoin enthusiasts like me are beginning to worry if on the long run, China's ban can have a lasting drastic effect on Bitcoin or not.?
it will have no effect in the long term. their ban can only slow, but not stop the development of bitcoin. bitcoin will not be shaken just by bans from one or two countries. negative effects only affect in the short term. overall bitcoin is strong enough to maintain its presence in the market.