I know a lot of you are freaked out by the potential China Banning Cryptos but to me this is actually a very positive news.  Here's my take on why China banning cryptos is great news for the Crypto world.

Just think in terms of when something is illegal what it does to the price and demand?  The answer is not only will demand skyrocket but the ban will also drive the price higher than it is.  You can see the same phenomenon in drugs or anything that is illegal typically does not make people stop from buying it but rather they'll have to find black markets as an alternative.

In the case of cryptos, the Chinese will just have to go purchase cryptos 
 via VPN or other foreign cryptos exchanges to purchase their coins.  The Chinese might have to pay a premium but the gains you can make with cyrptos will keep the Chinese investor in the game no matter what.

# That is my 2 cents





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source: https://www.google.com/search?q=chinese+ban+cryptos&source=lnms&tbm=isch&sa=X&ved=0ahUKEwi6ivCZ-qzWAhWCj1QKHeW-A7EQ_AUIDSgE&biw=1366&bih=653#imgrc=JkRKizOJBW9bKM: