Today PBOC Officials said the following to the Chinese people:

"Walk away from Bitcoin"
"Bitcoin exchanges are a Casino and will be classified as a Casino" (which means they will be banned)

PBOC has also refused to DENY their Bitcoin Ban, previously they always responded immediately. People here think communist country like China will recognize Bitcoin and pat you all on the back for being Liberty loving peasants

The Ban is coming, the Price is falling

http://www.coindesk.com/chinese-central-bank-officials-discuss-bitcoin-new-rumors/

discuss price implications on the new development