Bitcoin doesn't appear ready for an incoming China ban, let alone the world.
The China "market" was a naive pipedream. China has some of the most stringent capital control measures in the world. Bitcoin is simply a bad fit in China.
They are just a bunch of ignorant narrow-minded speculators who simply want to make some bucks. They could care less about the Bitcoin technology and innovation. Hell, they could care less about the idea of innovation, period. Their government is
Communist, for pete's sake.
Glad they are out. Maybe now the price will settle up and stay there.
I disagree. The China market grew because of capital controls in China, and seemed to be away around them for people that live under that government. I hope Chinese citizens push their government to start loosening these controls.