First thing's first, it ain't fud. The chinese government just did it to get rid of all the scammers and have enforced due regulations to their country. Because they are obsessed with their image more than how they are obsessed with money.
The waves of worries may have passed already because the prie of btc is recovering, but the thing is, china is unpredictable. So we really cannot say for sure what is over and what is not.
I was pretty hopeful that the wave of bad news would be done after the market absorbed the ICO and exchange bans. But it sounds like there is more to come. I haven't seen any reputable sources confirm the story about banning the Bitcoin network itself. But there are reputable VCs with sources on the ground who are saying, "we haven’t seen the worst yet." Apparently we're talking about a complete ban on OTC trading at least. We could even be looking at a mining ban, or a state takeover of mining operations:
https://twitter.com/bitcom21/status/910579445198602240 The FUD is strong right now...
There are rumours too, about banning mining or the Chinese govt taking over mining.
The only way to completely end the whole China hassle is for mining to restart in the rest of the world. I understand that now that the Japanese have legalised bitcoin, several big conglomorates have expressed an intention to get into mining. If so, that would really stabalise bitcoin because the mining would be done in a state that had legalised it, and would be backed by mainstream business not shady operators no-one knows anything about.
