Bitcoin is currently listed number 13 on China's Ministry of Industry & Information Technology and is doing just fine in spite of this. Bitcoin seems to be the world leader in Crypto in the mean time, maybe because it is not controlled by any governments and is the people's currency? Does being a 'better blockchain' mean controlled by the government rating it?
bitcoin is dying, its chart is basically same like any other hype coins that are already thead but just on differen scale in price magnitude and duration its both bigger in the case of bitcoin but it still follows same marketforces of all other hypecoins
Well, this is just the beginning of Bitcoin journey mate and there is no reason for bitcoin to die now not even this time which bitcoin payment system will be use at the upcoming FIFA World Cup, the giant company in the logistic (FeDex) appreciating the block chain network and as it was by the OP the Chinese government also listed it. Meanwhile, the cause of the current dip was cause by the GOX Trustee which flooding the bitcoin market.