The reason that market did not respond (in fact, faltered a bit) after his speech is: 1) he stated he didn't represent PBOC in this speech; 2) he gave 9 bullet points on Internet Finance industry, this is only one of them; and 3) in January he promptly spoke of three 'red line' that PBOC is to respond, one of them is "people's rainy day saving being invested in Internet based financing sheme" (吸收公众存款的红线), which is what Bitcoin intends to be - ironically enough, Bitcoin intendted to protect PBOC (central bank) pouring rain on people.

That speech is less credable than the recently revealed-but-not-executed plan to cleanse 15 bitcoin exchanges' bank account.