Was already published any official news about China's ban? Have we only rumours?
Maybe they want to ban only scam coins. I don't know why you selling like that if there is no official news.
there was an official news from day 1 but they never let it be heard. they hide it as well as they could and filled the internet with FUD.
the official news was about banning ICOs and regulating exchanges.
and that is exactly what they are doing now they are regulating exchanges like they did a couple of months ago.
But where do you think the bottom is? Is possible to any altcoin falls to a few cents?
yes it is possible and even more. altcoins are much more fragile because of their pump and dump nature and the current dropping market is not kind to any of them.