We're going to keep hearing "Chiba bans Bitcoin" until they actually do.
I do not want to be a dick, but this is a really good read about all this China FUD http://fintekneeks.com/zerohedge-fakes-bitcoin-panic/. Especially the part, where they point to the fact, that China had a +buy volume during the selling, and how insignificant bitcoin is in a 100 trillion market.
Just a thought.
There's another really good read about all the FUD here.
It explains it was FUD then points out that during bull runs these fake China bans Bitcoin stories often appear in the news, but it never gets banned. Zerohedge lost some credibility in return for making some money from shorting. That's the real reason it published that FUD.
https://news.bitcoin.com/reports-china-bitcoin-exaggerated/
Quote
Furthermore historically when the price of Bitcoin rises stories of China and other countries banning Bitcoin have appeared in great number. When Bitcoin was on a tear in 2013 reaching close to $1150 per BTC, these stories came out often. Publications like Bloomberg reported on China cracking down on Bitcoin as well as Forbes, the New York Times, and many others. Typically when these reports published, the price took a dive, but government officials banning Bitcoin never materialized.
