Tag «CNY»

Bitcoin, Litecoin and Etherum baidu search trends

From the last two blog posts(here and here), we can summarize a few things: Baidu search trends seems to be an useful tool in estimate Chinese people’s investment habits. Of course, we can’t tell how reliable it is to tell any price rise. The more media sensation (bad news and good news) about bitcoin, the …

Bitcoin more favorable than gold in China

Is bitcoin more favorable than gold in China now that CNY is devalued? We try to get some perspectives from Baidu search Index. We can see clearly when CNY is devalued from Friday 27th May onwards, they move in the same direction but there is double the number of searches for”Buy+bitcoin” than “Buy+gold”. Is bitcoin …