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Author Topic: BTCChina - Highest trading volume ever today  (Read 12672 times)
waspoza
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May 28, 2012, 09:34:14 AM
 #101

china's secret rocket is going places

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May 28, 2012, 09:55:13 AM
 #102

likes secret rocket pic

nice spike in ppl searching Wiki for Bitcoin in Chinese language
http://stats.grok.se/zh/201205/Bitcoin

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May 28, 2012, 11:56:39 AM
 #103



^__^ look how happy he is. This buddy's realised that his government aint got sh*t on his bitcoins!

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May 28, 2012, 12:34:03 PM
 #104

likes secret rocket pic

nice spike in ppl searching Wiki for Bitcoin in Chinese language
http://stats.grok.se/zh/201205/Bitcoin

right, but still no compare to July '11 stats:
http://stats.grok.se/zh/201107/Bitcoin

On yahoo clues (because google doesnt work in China afaik) during the last month, Hong Kong ranks 3rd in number of searches with the keyword "bitcoin".

http://clues.yahoo.com/analysis#q1=bitcoin&q2=&tu=month&nu=1&h=12&ts=20120428%2C20120528
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May 28, 2012, 12:59:39 PM
 #105

interesting, just behind the UK but with a population a ninth of the size of only about 7M compared to over 63M for the UK

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May 28, 2012, 03:03:15 PM
 #106

interesting, just behind the UK but with a population a ninth of the size of only about 7M compared to over 63M for the UK

If you want to compare the two locations, you have to take in consideration the market shares of the two search engines compared.
According to these two, quickly looked up references:

http://www.chandlernguyen.com/2011/03/search-engine-market-share-by-country-mar-2011.html
http://theeword.co.uk/seo-manchester/february_search_volume_share_dips_for_google.html

the market shares in the UK and HK distribute as follows:

HK (internet users:  4,894,913*   ): google: 58,00% / yahoo: 23,51% (Jul 2011)  equalling   2,839,050 google users and 1,150,794 yahoo users
UK (internet users: 52,700,000** ): google: 90,84% / yahoo:  2,31% (Feb 2012) equalling 47,872,680 google users and 1,217,370 yahoo users
(assuming yahoo users ONLY use yahoo and google users ONLY use google)


Therefore about equally sized amounts of internet users in both countries account for the number of search queries. (Assuming users in both countries produce a comparable number of search queries in the same amount of time)

  *http://www.internetworldstats.com/asia.htm (Dec 2011)
**http://www.internetworldstats.com/stats4.htm (Dec 2011)
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May 28, 2012, 08:13:32 PM
 #107

I stand corrected, forgot about that

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May 29, 2012, 04:37:00 AM
 #108

Any idea how alipay / tenpay works for withdrawals ? I went to alipay but it seems to be only for registered business and not actually for clients so its strange that its offered as withdrawal method on btcchina.



You mean withdraw from Alipay? You can withdraw to Chinese banks, no fee.

the exchange will charge 1% fee if you want to withdraw to Chinese banks..
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May 29, 2012, 05:49:49 AM
 #109

Does anyone have access to Baidu search data? It's not available freely like for Google or Yahoo, you need an Ad account.
Curious to know what the domestic Chinese search trends for "比特币“ are..
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May 29, 2012, 10:26:00 AM
 #110

Gah, btcchina needs to offer some form of easier withdrawal for non-chinese citizens.

Im itching to trade there but the withdrawal methods for CNY is lacking, if only they added okpay as withdrawal method, shrug.

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May 29, 2012, 10:54:07 AM
 #111

Although the site has been running for quite a while you should probably bear in mind the following (from a whois search):

Administrative Contact:
Huang, Xiaoyu
Fake Address,
Fake, Jiangsu 100000
China
+86.8160000

Technical Contact:
Huang, Xiaoyu
Fake Address,
Fake, Jiangsu 100000
China
+86.8160000

I somehow doubt that Huang, Xiaoyu is a real name. Huang means yellow (although a common family name) while "xiaoyu" quite likely means "small fish".

Hmm... I don't think I'd want to risk too much money with a small yellow fish swimming around in the "Fake" part of Jiangsu province. Smiley

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May 29, 2012, 11:05:28 AM
 #112

Although the site has been running for quite a while you should probably bear in mind the following (from a whois search):

Administrative Contact:
Huang, Xiaoyu
Fake Address,
Fake, Jiangsu 100000
China
+86.8160000

Technical Contact:
Huang, Xiaoyu
Fake Address,
Fake, Jiangsu 100000
China
+86.8160000

I somehow doubt that Huang, Xiaoyu is a real name. Huang means yellow (although a common family name) while "xiaoyu" quite likely means "small fish".

Hmm... I don't think I'd put too much money into something run by a small yellow fish from the area of "Fake" in Jiangsu province. Smiley


It's even worse than that: It's run by a small yellow fish who is a Big Pig on this forum lol
A pig that swims? Grin

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May 29, 2012, 11:09:54 AM
 #113

Hmm... I don't think I'd put too much money into something run by a small yellow fish from the area of "Fake" in Jiangsu province. Smiley

It's even worse than that: It's run by a small yellow fish who is a Big Pig on this forum lol
A pig that swims? Grin

Doh! You quoted me just before I saved an edit it to make it a little funnier.

Hmm... I don't think I'd want to risk too much money with a small yellow fish swimming around in the "Fake" part of Jiangsu province. Smiley

:>

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May 29, 2012, 11:20:24 AM
 #114

As someone who has lived in China, this is not an unusual name.

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May 29, 2012, 11:33:18 AM
 #115

As someone who has lived in China, this is not an unusual name.

A bit like Satoshi Nakamoto - (wo zhu zai zhong guo wu nian ban - ni ne?). Smiley


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May 29, 2012, 11:38:34 AM
 #116

Although the site has been running for quite a while you should probably bear in mind the following (from a whois search):

Administrative Contact:
Huang, Xiaoyu
Fake Address,
Fake, Jiangsu 100000
China
+86.8160000

Technical Contact:
Huang, Xiaoyu
Fake Address,
Fake, Jiangsu 100000
China
+86.8160000

I somehow doubt that Huang, Xiaoyu is a real name. Huang means yellow (although a common family name) while "xiaoyu" quite likely means "small fish".

Hmm... I don't think I'd want to risk too much money with a small yellow fish swimming around in the "Fake" part of Jiangsu province. Smiley


You're over worried.

The Chinese dictator government concerns the whois question more than you do. There is an registration requirement for every website running on the service inside the China internet, which is called ICP. And every website should put the ICP information on the main page. Yes, you can find the ICP link on every website in Chinese, even the google chinese site http://g.cn have to do so.

And there is a ICP on the BTCchina.com.

16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
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May 29, 2012, 11:53:37 AM
 #117

You're over worried.

Maybe so - but running a site that allows you to change any sort of "virtual currency" into RMB is strictly illegal in China.

So if the guy is really so easy to find then I guess he is the one who should actually be more worried. Smiley

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
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May 29, 2012, 11:58:42 AM
 #118

The ICP of btcchina is here.

http://www.adminexe.com/beian-search-13625-1.html

However, it seems that this ICP information is out of date.


And they have set up a lot of QQ group in China. And QQ cooperate with the Government a lot.

They use Alipay, which take great efforts to identify the real identity of its users. They have the ID information behind the Btcchina.

The ID card information is based on a controlling system which is called "Hukou", every chinese citizen except the soldier have a sigal number which can and should be checked with a central database, where the photo of the citizen can be find.


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May 29, 2012, 12:03:17 PM
 #119


Nothing to identify anyone in that page.

And they have set up a lot of QQ group in China. And QQ cooperate with the Government a lot.

They use Alipay, which take great efforts to identify the real identity of its users. They have the ID information behind the Btcchina.

The ID card information is based on a controlling system which is called "Hukou", every chinese citizen except the soldier have a sigal number which can and should be checked with a central database, where the photo of the citizen can be find.

Sure - am well aware of Hukou's etc. - guess if they really do know who the guy is he better just hope they don't ever find out what Bitcoin is (or he'd better hope to have left PRC before they do).

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May 29, 2012, 12:07:54 PM
 #120


Nothing to identify anyone in that page.

And they have set up a lot of QQ group in China. And QQ cooperate with the Government a lot.

They use Alipay, which take great efforts to identify the real identity of its users. They have the ID information behind the Btcchina.

The ID card information is based on a controlling system which is called "Hukou", every chinese citizen except the soldier have a sigal number which can and should be checked with a central database, where the photo of the citizen can be find.

Sure - am well aware of Hukou's etc. - guess if they really do know who the guy is he better just hope they don't ever find out what Bitcoin is (or he'd better hope to have left PRC before they do).


Or, some truly smart people within the PRC hierarchy will have long ago determined that BTC adoption actually works in their favour, by allowing them to maintain an artificially deflated currency at home while controlling an artificially strong currency abroad.

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