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RE: China is taking the first action against betcoin, which may be the first step to the end of the betcoin !!
A lot of the volume has been absorbed by the Japanse. Which is a good thing IMO.
https://www.techjuice.pk/japan-overtakes-china-biggest-bitcoin-market/
I don't think that this China "ban" will destroy the currency. One of the things I love is that it is not controlled nor can it be conquered by any state entity.
Much of this is FUD. And I think that Chinese exchanges, since they would be open to audit, are closing up to protect themselves from their fraud like activities. Business as usual has all but returns. And we press on :)
I hope that ^^