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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 !!
What's much more likely to happen is that Bitcoin and the other cryptocurrencies will be traded in friendlier lands such as Japan and South Korea. Wealthy Chinese will find ways to access markets; wealth always finds a way around regulation.
The rest of the world will continue to invest in and grow Bitcoin and the others. Cryptocurrencies are here to stay. Cheers!
At least there will be some chaos . Cheers^^
Indeed! What's life without a little chaos now and then... Following. Cheers!