Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.
I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.
That's true, Chinese Government failed to kill bitcoin or at least try to take a large part of controlling it, what a control freak. If it is really true that they will release their own token or coin, i just hope that it will fail and will not get any support from bitcoin / cryptocurrency enthusiasts with that event Chinese Government will come back to bitcoin.I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.
It's because there are something government manipulation if they will used the coins own by there government and its unprofitable for them since I think the price of the coin might became stable and only move slowly since we all know that government would not let it defeat there own physical currency. So that's why I think chinese people will still push to use bitcoins since the profit and flexibility of it is so wide.
If they launch their token people must use it. On that country government is very strong and if it's say something, their citizens must accomplish. If they want their people using their own token, people will use it. Those who continues using Bitcoin without permission can be severely punished. Anyway, good to know we don't need China to keep Bitcoin expensive and rising.
You can bet your money on it that a whole lot of these average joes take this very seriously - for them the government is the central point of everything. It's a damn shame that people don't have the balls and self respect to step out of this system. 
