I really don't understand what can be the very reason why China would still allot some time and resources just to make a statement like that. They already kicked Bitcoin out of China so why still wade into it. Can it because they know that the government of China has not actually stamped out Bitcoin from the people...meaning that there still some number of Chinese who continually believe and hold Bitcoin? Frankly speaking, I am also getting discouraged with Bitcoin but if I have the money to do so maybe I would be buying more BTC because with this statement coming from China the opposite is actually coming: BTC will soon be gaining grounds and not grind to zero! 

We always face same situations where when prices are going down people start saying the same bullshit again that it's bubble it will go to zero and all other nonsense talks but yes bitcoin doesn't care at all and so is the strong btc supporters.When look at the past how much growth we have made and understanding the future adoption we will not panic much and it stands a great future ahead so we don't need to worry.When it will be at $100k then buying at ATH would also land you in profits and it's not mere fake talks.

Bitcoin has holders of the last resort. These people are guarding bitcoin day&night. There will always be a price support for bitcoin. Whether it is at $10k or $100 it doesn't matter. People will always want to buy some no matter what the price is. Can it go down to $1k? Sure, it can but sooner or later it will make a new ATH too. Those people will buy bitcoin no matter what the price is and eventually the supply will dry out.

No doubt that China already understands what Bitcoin is and represents and they are trying by all means necessary to continue to not only stops its citizens from trading and using it, they still want to spread that same FUD to the world. Just days ago I saw this post too
Chinese messaging app WeChat bans accounts involved in crypto from this thread https://bt.irlbtc.com/view/5403603.msg60418031#msg60418031
It was the Bitcoin mining Ban whose effects didn't last long then the numerous Bans which are still not having effects on Bitcoin and now is a prediction of Zero price Don't worry China, me, I am prepared to take all losses if it does happen.

One thing I learned from participating in the forum is that whether the news source is generated during a bull market or a bear market, they serve different purposes. And what I find interesting is that influential organizations and individuals are no exception. There are mixed views, and here, like some people, I find things that drive prices down and then buy them back up, a manipulation that makes many people panic or sad. I'm basically a bitcoin lover, so after so many years with information like this, I'm just taking it as a bit of entertainment during difficult times, and let's be optimistic with BTC in the future, everything only that

Bitcoin will never go to 0 since even if it would go to zero it would quickly go up again. This is because 21 Million coins is not that much, so if the price goes to 1 Cent for example I could buy up all bitcoins in existence for only 210k USD. If you now consider all the BTC that are lost and in storage, I could even buy them for maybe 50K USD. (And if I ever have the whole supply you can be sure you won't get a coin for under 1 Million USD back)

China is against everything that they can not control, since the people of china are basically slaves to their own government. The mistake of the Chinese government is that Chinese people because of this media dump their coins when price is low and start to buy when it is high. So in the end they loose money to the rest of the world.

Indeed. This isn't a shocking, new phenomenon by itself, of course, but it's still worth highlighting just how much some people still don't get it. This sort of "negative" hype has been a primary tenet of practically every "crypto crash" prediction that has emerged in the past. In fact, not only has this trend of "skyfall" predictions been witnessed consistently since Bitcoin first started making headlines....but this hype never seems to end up panning out for the naysayers. These "skyfall" predictions should not be treated as a reliable indicator, but rather be dismissed out of hand. Those who spread this sort of negative hype, may end up regretting it later on. Just my personal opinion.

One thing i can tell you all is that we all should not underestimate China, they probably know what they are doing, they are market manipulators, it is highly possible that they are using their influential power to manipulate the price of Bitcoin and the cryptocurrency market in general, making the world to believe that they don't like Bitcoin and are against it, meanwhile indoors, they are busy buying Bitcoin each time they manage to cause its price to dump, and also selling them when the price goes up, thereby secretly gathering some good wealth for themselves and their economy, This is highly possible.

And also, i believe its just a matter of time and their stance on Bitcoin will become irrelevant to everyone and their FUD statements will no longer cause a steer in the Bitcoin market anymore, it happened to late John McAfee , its happening to Elon Musk, it will soon be China's turn to be ignored.

The fact that they are being threatened by bitcoin, so it means that they see lot of potentials in bitcoin that could trigger their own currency in the long run. Admit it or not, they won't be attacking bitcoin and create black propagandas in the first place if its incapable and useless. Hearing all those similar understatements for bitcoin from different anti bitcoin countries, i think it will initiate more motivation for bitcoin to increase its community's demand and finally become mainstream in the whole universe.