Where is the proof or the link to some article where I can read about such news? Withot that it sounds as not trustworthy, same as I will start a thread kind of "hey all buy bitcoins now cause of in two weeks it will cost 1500$".
Well, if it's going to be true then bitcoin will fall in it's price for sure. China is the biggest numper of bitcoin users place. Everything they do affects on bitcoin a lot cause of it's huge number. But I can't predict how low bitcoin will fall after they will put capital control on Bitcoin.
There is no proof that is backing these empty rumors.
That's why it time on time surprises me how many noobs still get caught in the process of selling their coins in panic without valid reasons.
How dumb can people be that they constantly believe articles spread to create a panic wave going through the market where the price is taking another hit. Seriously, how dumb.
I agree the article seems some propaganda to buy bitcoin at lower price and somehow it succeeded. This still shows some holders are just for the ride and does not really believe in bitcoin capability to increase in the future. And am sure whales are very happy on what happened because they scoop thousands of bitcoin in lower price than it should be.