What's the source on Bitcoin being banned in China? Can you really not use it by law as a citizen living there?

No wonder such propaganda news are spread everywhere. New people entering the market obviously get tempted to get bitcoin but are in a dilemma when the see the huge price of bitcoin. Thus they resort to scaring people into selling bitcoin so that they get a cheaper price of bitcoin. I dont know when this news was seen or if the source was true or not and this is just a FUD rumour. Even if people do sell some bitcoin thinking their country will also ban bitcoin there are methods to anonymize yourself and still use bitcoin.

I think it is really affect the price, because China is one of the biggest potential to invest in bitcoin ,we all know that China is also known in business so investing is maybe like a business, well i think that is one of the reason why bitcoin dump again lately. (Correct me if im wrong) its just only what i think.

its happen because china is the largest bitcoin trader and miner on the world and when bitcoin banned in china there are massive sell and affect to price of bitcoin and falling to 4300$ right now

yes, china's banning of bitcoin did have an impact on the price of bitcoin, since bitcoin still is an investment and it follows the laws of supply and demand, during the china crisis, a lot of bitcoin users panicked and forgot that they are in it for a long term and not just to dump their investments, and so we saw a huge volume of bitcoin went into the surplus and made the value decreased, but thanks to that, bitcoin's value became more affordable to the rest of us and we can see that bitcoins are being bought everyday, however it still is not enough to compensate the value which it had lost, during the banning of china. i think there are pros and cons since it had happened, the pros, a lot of investors are now more cautious of the news and the cons is the value, but we are talking about bitcoin here, bitcoin's value can still rise up.

The banned in bitcoin from china affected the price a lot and you can see that there is a huge dip or red candles in the price chart of bitcoin and that is why the people panicked because of the news about the china who is banning the cryptocurrency exchanges and the ico and it leads for the people to think that they completely banned bitcoin and that resulted for a huge dump.

Chinese Ban is not that much matter of discussion now in future there will be no effect of china on the market, because bitcoin is not depending on any country as china banned it they are on a huge mistake and in coming future they will regret about what they did, and banning bitcoin means to lag in the progress of economy and digital technology and now they have no hold in future and that’s a good sign.

I think this is a bad intention of the Chinese people. They hit the closed door bitcoin news.  they will buy bitcoin at low prices

Those first claims that Bitcoin is banned in China was Fud driven and people panicked way too early. The price did drop

because of that and it is only now recovering slowly, when people realized that the Chinese are not implementing a blanket

ban on Bitcoin. The Chinese also moved some of their coins from exchanges, because these services are the first to be

targeted when a ban is threatening.   {Less trade volume on exchanges = lower price}

Correct this time US and Europe work together and this is something that they need to practice more cuz, no one want to bitcoin be controlled by Chinese, maybe this is my point of view but maybe most of you will agree, when we sleep they make moves.

Now with recovering in slowly process think that it finally good to say that we could expect to see price going over 5000 again.