Gives buyers a chance to buy the dip but could also signal loss of confidence. I think this is what the ICO ban in China did. As well as the ban on exchanges in China.

Bitcoin gets its price by the basic laws of Supply & Demand. Its as simple as that. Previously there were more bitcoins mined in a day then there were users so bitcoin price stayed

quite low, but now its the opposite way. Bitcoin creates 1800 new coins a day, but tens of thousands of users are added a day. There isnt even one for everybody who now wants

it. Whats that going to do to price? Naturally it will drive it up over time (with market irrationality acting out on the day to day ie China Ban, etc)