China bans and panic selling is a daily thing nowadays.
The story will grow old soon enough.
Many of us are ready for fresh news.
Maybe of China lifting the ban that never existed.
Seriously: I don't understand why people keep freaking out so much about chinese rumors. If you ask me, I'd say this is one of the dumbest kinds of market manipulation I've witnessed so far. Even if it were true it doesn't affect bitcoin so much (it would if bitcoin would already be established as a major currency in china which cleraly isn't the case today).
I agree with you, but
keep in mind that is "China" and if there is "ban" for something and you break that rule its not like ... you will receive letter which says "Dear Sir... you break this rule ... please visit nearest court"
You visit court and will be fined 100, 200, 1000 usd ..
Its like
"You peasant, come to square you will be shot to head, because you have qt in your pc"
and youre done
