Bitcoin Forum

In order to increase the role of cryptocurrencies in UAE businesses, a Dubai-based construction company announced plans to buy residential units in the city using DodgeCoin. According to Samana, buyers can become homeowners in the Jumeirah Village Project by paying DodgeCoin and also benefit from a five percent discount compared to paying in other currencies.

maybe In Dubai, cryptocurrency technology such as Dogecoin has developed, so it is possible to transact using the coin, and several other countries have also existed earlier than Dubai. And maybe other countries are also interested in developing cryptocurrency technology which is slowly starting to grow, just open it using Dogecoin instead of Ethereum

For sure, there will be many people who will want to buy real estate in Dubai at a discount, this once again proves that the cryptocurrency is gradually merging into the real sector, even in such an economically and touristically developed region.Very well thought out with the possibility of choosing a home buyer.

DodgeCoin ? Really?

Google show some related articles but with dogecoin instead. But more interesting is that on https://www.jumeriahvillage.com/ there is not a single word about cryptocurrency.

These news were posted in May (https://www.constructionweekonline.com/business/272334-dubais-samana-developers-to-accept-dogecoin-for-jvc-project) and they don't get a worldwide response. I will say that this is fake and was created just to hype on dogecoin.

I was going to ask the OP for a link to this info and I believe you have done a bit of justice to that. The desperation to keep hyping Dogecoin is crazy, if the project is worth it naturally I believe investors will go for it even though we have many that are just interested in the quick bucks from hype for Dogecoin  ;D

Any reliable sources for this?
Because the last time I've heard a couple months ago that some real state companies in Dubai are willing to accept Dogecoin as payment for their clients, not a construction company who's willing to buy lands with Dogecoin.
These crazy rich people were trying so hard to pump a memecoin.
But then again, this news about Dubai real state accepting Dogecoin was reported back then, but I guess only Elon was able to pump Dogecoin after series of tweets lol.

if dodgecoin is legalized by the country for payment for urban housing units, the value of dodgecoin will grow rapidly, positively people will move from ordinary currency to digital currency including dodgecoin, but the negative impact of the value of the country's ordinary currency will decrease.

that's a great idea and I've read an article about it here
https://www.google.com/amp/s/www.millionacres.com/amp/real-estate-market/much-coin-so-wow-you-can-buy-a-house-with-dogecoin/
but to see the truth of the information we must know the proof of the transaction from the ownership of the house such as tx payments with Dogecoin, because many news say that they accept payments with Dogecoin but I don't see the detailed information

A very interesting article, of course, but in fact there are no real estate transactions yet, this can still be another throwing into the public, for the benefit of this coin, or maybe of course this is true, but I can hardly imagine it ... But there are real transactions on such mechanics?

Too bad, if they bought it with Bitcoin it would be much better than using Dogecoin, while now the memecoin has returned to its original price embrace. Gradually, what the hotel seller is holding is not comparable to the current price of Dogecoin.

Dubai is a place seeking to diversify its economy. They have tried a lot to attract expats and other wealthy people to live and work from Dubai. They had spent so much on real estate but the occupancy are quite low, that's why they are trying to attract rich people like crypto trades who could live and work from Dubai.

It's a Good news but i cant believe in Dogecoin and Moreover it is impossible in Dubai, this is fake news and was created just to dogecoin put on moon, This type of news were posted in social media every where and they don't get a any response.

still?
read more (https://www.coindesk.com/video/dogecoin-foundation-returns-with-ethereums-vitalik-buterin-as-adviser)

Although it is a few months old but it is not fake news. Because I read this news a few months back on Khaleej Times

Bitcoin is already known to almost everyone. I don't mind some popularity and promotion of other coins as well because a lot of people consider Bitcoin to be the only crypto and others as scams. No doubt Bitcoin is far superior than dogecoin and most other altcoins but not a bad idea to promote some other coins.

It's hilarious how far DOGE has come within this small period. I remember gambling away 50k-100k dogecoins for fun earlier and I wish I just saved them because now I could have purchased a house with the same amount of Dogecoins.

Seems cool but Dubai is very strict & has rules than a lot of Westerners can’t adhere to. I do think that not too long away buying real estate with crypto will be the norm.

Is this still a thing? I came across an article a few months back regarding a real estate firm in Dubai willing to take dogecoin as payment for one of their properties. It was posted while Elon Musk was pumping the hell out of that meme coin. Idk if it still stands true today, especially since dogecoin isn’t really pumping anymore, and its value greatly diminished from where it’s at a few months back. It would be awesome if they still have that offer up for grabs since it shows they are genuinely interested in crypto and moving forward with it.

It's quite bizarre that suddenly everyone is advocating for dogecoin just because Elon Musk pumped it up.
I appreciate crypto accepted at more places no doubt, but I am seriously concerned with the obsession of dogecoins. Offering a 5% discount by paying in dogecoins isn't something I am too happy about although it will certainly help spreading about crypto overall.

I haven't verified the news yet though. Because in the past, we have seen such kind of advertisements were not sustaining in reality for longer duration for various reasons and government's intrevention must be one of the prime reason why most sellers discontinued their idea of accepting crypto payments.

This is a good news whatever that related with adoption or acceptance which not all countries would have the same views or perception towards crypto. . Buying a property using up coins neither Bitcoin or other altcoins
does really show off that crypto could really be applied into those typical transactions on where fiat or traditional payments could do and this is a good sign that big countries or places in the world is already recognizing several coins.

https://rockethq.com/learn/home-buying/how-to-buy-a-house-with-cryptocurrency
https://bithome.ch/

It is good to see these platforms been offering.

If it stands true at the present time as well then it is really a nice thing as after the Pump many new investors had bought the doge coin and for them it is really a big story as those who want to liquidate it and buy something else, may actually think about investing in Dubai with Doge coin if things work out for them and more advantage for the citizens of the neighboring countries to own a piece of real estate in Dubai.

news is not a role model in drawing conclusions, especially when the news is being pumped by Elon,
if it's true that dubai sets doge coin as a means of paying for housing with one of the construction services, of course to this day there will always be news about it but in fact there is no latest news about it,
everything will be possible in dubai because dubai is a rich country so anything can be done

Same, I remember bought shit load of doge with some charge in my balance just because there is so many zero in doge so I could feel good and pretend that I already got rich. Like it was x.000.000 of doge and now look at it, you can buy a fking house with that amount. Still don't get it how this meme coin can increase that much.

Probably, in Dubai there is a big community of Dogecoin that build in this country anyway if I am not mistaken.
We all know that this Dogecoin was one of the pioneering altcoins in this type of business here actually. And 5% discount is one of the
big thing too to take this opportunity to the buyers isn't that right? This is also an advantage as well to all dogecoin holders for sure.

Might be part of Musk believers, there are many available cryptos that better than Doge.

With so many available projects inside this market, we can say that this kind of adoption will impact to the entire community, not just with Doge, but it will also bring the attention of those people who don't have any idea with crypto. Seeing Doge as part of payment process, curiosity will come out with them and the chance that they will start looking for this system.

A very heartbreaking story to wish you could take back your staked Doge. If we talk about betting above 100K then we have experienced it. Of course we never thought it would be like this. A few days ago I found a thread about the Doge Foundation, where there will be a new breakthrough made by Dogecoin holders, one of which is DIA.

at least include clear references because after looking at this thread I went around looking for information but couldn't find anything suitable.
so I don't know if this is true or just information to bring this coin back to fly like before.
but for whatever reason why should dogecoin be chosen? why not another coin that has a higher utility?

If so, cryptocurrency is already very mass and used by many people in the world, not even just for investment or trading, but as a means of payment.
If this news is true, then maybe the value of Doge will be high again, because the benefits are not just as investment value only. Maybe because
at that time Doge had hype, then Doge is very famous, even besides ethereum as the best altcoin.

It's good that people will pay through cryptocurrencies at more places but I am not sure if we are promoting the right crypto. Dogecoin was a meme and just because it has been pumped for unknown reasons, we must not promote it blindly.

Yeah, I remember few of them. As of now, most governments are not ready to go ease against crypto payments due to money laundering reasons which leads many business to get shut down or need to stop accepting cryptos after some times; I guess we must need some time till this kind of problems will settle down and crypto sellers do continue their business without any kind of interruptions.

Yes, I also tried to search for the latest news about the further information of this. but found nothing.
The latest news was on May 2021 and they are going to accept DOgecoin as one of the payment methods and they use Binance exchange.
However, I still don't find that it has been started or not yet.
I tried to see on https://www.samanadevelopers.com/buy-online
and there is still no payment option using crypto (doge). Maybe this is still not released yet.

If Dogecoin is used as an alternative to buying a house with a tempting discount, of course this will make the price of Dogecoin slowly start to rise to its previous price, but from that we need to know the source and authenticity of the news, because things like this can be a trick so that the price of Dogecoin soared again.

This is the beginning of the rise of cryptocurrencies in Dubai so that they can exchange goods with crypto Dodge Coin and this is also a sign that Dubai has followed the development of digital money information technology and maybe in the next few years there will be other countries that want to follow the same thing, like us, Indonesia has started using a crypto ATM in Bali

Why do they keep calling it Dodge? Even the pronunciation is the same as that word.
My wife also calls it the same thing. It's Doge, like a dog-e. Right?

Anyway, regarding that news that was actually submitted on the internet in May of 2021.
That is also when EM (I won't use his name anymore just to avoid confrontation) was hyping the said coin.
And it was only a plan back then. I think the plan already died and was just used by "you know who" to hype the coin.

I'm confused and really looked for the exact name as what OP indicated, Dodgecoin. It seems that there's no altcoin under on that name so let's take a guess that he's talking about Dogecoin.

And after a quick search, yes, it's Dogecoin and this is an article related to it.

Dubai’s Samana Developers to accept Dogecoin for JVC project (https://www.constructionweekonline.com/business/272334-dubais-samana-developers-to-accept-dogecoin-for-jvc-project)

This is the positive sign of crypto currency. If some countries as well as some companies are work together and they accept crypto currency in their professional business then crypto currency will reach at the top with in short possible of time. 

And once you've moved in you'd be in the DogeHouse !! Especially when you upset the wife !  ;D

I thought it was a type error OP keeps posting Dodgecoin when there is no such coin named Dodgecoin I research on the internet and found this article https://www.khaleejtimes.com/business/have-dogecoin-now-buy-property-in-dubai  it's Dogecoin after all and not Dodgecoin, but why Dogecoin when Bitcoin is the primary coin io Cryptocurrency, this is another way to hype Dogecoin and get it to pump again.

Cryptocurrency technology has indeed developed rapidly in several countries, even small countries have used it for the first time such as El Salvador, El Salvador has the potential to be the first country to use Bitcoin-type crypto assets as legal tender.

Is it right now?

I've heard of some businesses that accept dogecoin payments to buy back people's homes. Although the case here is Dubai a rich country, I am quite curious when in a place with a high quality of life, they are more interested in dogecoin.

There was a time when we used to give doge to friends in the lucky game. if I back doge take maybe I get the car and the doge joked with us One thing is for sure, we should not consider bitcoin as just crypto and others as fraud. There are many more coins in this market that are much better. But Bitcoin will always maintain its dominance in this market I didn't hear the news, I keep coming to Dubai myself.

If this is true then I don't see any problem of accepting dogecoin as a payment to buy a house but I have some questions to the company why they choose dogecoin? it's because of the meme? or because of Elon Musk supporting it?.. why not bitcoin?.. This is interesting, dogecoin makes history. A joke coin turned into a real currency.

It seems that because of the current conditions that make it impossible to make cash payments due to the pandemic as quoted in their article regarding the transfer of payments using Blockchain and smart contacts to expand the network of investors around the world, then why use Doge maybe when Doge is experiencing hype so that it is very likely that investors in doge can enter their real estate business.

He must be a friend or associate of Elon Musk  ;),  otherwise, I wonder out of the list of good and notable projects out there he picked dogecoin, smells fishy
Well since dogecoin has suddenly become 'the people's coin' who can refute that, I guess dogecoin holders should be expecting a price surge soonest.

Is the news really like reality? I just can't believe why should use dogecoin, I think other coins are more profitable and make sense. I don't think it's a legal transaction with property company, maybe it's an illegal transaction that can accept payments with dogecoins. especially doge coin still doesn't have a suitable ecosystem for payment processing

After checking the three pages topic, i also failed to find a reliable source for this info.
Moreover, a company stated in Emirates won't announce such a news in unknown mass media. Especially if it chose Doge over other major cryptocurrencies like bitcoin and Ether.

At the same time, continue the hype for Doge seems to be useless after the lesson we got from Elon Musk Hype tweets which reveals that Doge hasn't that big support from community unless someone starts manipulation.

 

That will be a very big win win for dogecoin and it's investors, because it's spreading the coin and making it's more famous and popular, the damand will increase and as such the price will push up very high. If this become effective anytime soon, then we should be expecting a new all time high.

It will only happen if this news is realized, have you read news about this from a trustworthy site? I several times searched for info about the truth of this news and to no avail, there are even some sites that do not guarantee the truth of what they write.

If this news is true, it is certain that a large company class will report it through their official website or use a site that has a high level of trust, considering the selection of doge coins which are classified as meme coins, while there are coins that have more strong market capitalists such as Btc or ETH.

Prior to the official news I thought this was just a fuss made to increase the value of Dogecoin.

But unfortunately Hype will turn into something new where Doge recruits Vitalik as his advisor. Do you see this as something new? Let's see again after the Doge Foundation was held, we got news where he will focus on supporting the DogeCoin ecosystem and promoting it. https://foundation.dogecoin.com/about/

I wonder why they have chosen the Doge coin among other top coins. I'm sure that it would hype the said coin again. It will be beneficial especially for Dogecoin holders in Dubai. It will surely make the price increase but the question is still until when? If it's legit then I hope that they would consider using another potential top coin instead.

It is the first time that I meet when companies offer to sell something for dogecoin. But actually it depends on the time when they made this announcement. If they announced it in spring when Dogecoin was on a peak of popularity, they can refuse this idea now as the hype of meme coins is already over. Nevertheless, if it really happens, dogecoin must grow, as people will buy it to have a 5% discount.

Unfortunately, they would have gotten a better deal if they had purchased it with Bitcoin rather than Dogecoin, which has since restored to its previous value. Gradually, the hotel seller's holdings are no longer equivalent to the current Dogecoin price.

If dubai approve bitcoin or crypto i won't be surprise because we all know about dubai. They are extraordinary they are ready to make money by doing anything. They always experiment newest technology of their country. And maybe bitcoin is in their eye. But who know they might not. But if dubai give bitcoin a legal tender about bitcoin then i am damn sure bitcoin price will be up like boom. Because dubai has soo much money and dubai people are always ready to make money. It might be happen. But who knows what will happen? Its just my speculation.

It could have been a one-time action during the DodgeCoin boom. Most likely, if we are talking about the use of cryptocurrency when buying a home, then it will most likely be bitcoin. Serious businessmen are unlikely to get involved with frivolous coins.

That’s pretty cool, I’ve long thought about moving to Dubai due to the tax ruling there. Seems like something to think about. I don’t own any doge but I have more than enough btc which I could easily convert some. Thanks for the heads up. I’m going to take a look at the Jumeirah Village Project now.

This is a very simple way to save 5% of your money when buying a property. And given the fact that the cost of real estate in Dubai is very high, for the sake of getting such a discount, anyone, even if he was not previously familiar with cryptocurrency, will be able to figure it out and buy Doge, paying with these coins with a construction campaign.

Is this information real, I think this is just a method to get back to pumping the price of Dogecoin as Elon Musk has done in his tweets in the past. If they really want to accept payments via crypto, why should they choose Dogecoin. There should be many other coins with more potential.

If u already have the Dogecoin, yes it could be a save. But if you buy Dogecoin just before u buy the house, it could lead u to some loss because of the Dogecoin volatility.
With the huge price of the house, i dont think i would take a risk to buy dogecoin for saving that 5%.

Is the information you get really valid? can you give me detailed information because I want to read the news, what I'm asking is why doge? why not another coin which is better

Yep This is one of the reasons I still mine dogecoin :) 

Found an interesting article about the reasons why Dogecoin relies on social networks to succeed in the market, it's about altcoins and more
Source: https://blockster.com/blockdesk/1398_reasons-why-dogecoin-relies-on-social-networks-to-perform-well-in-the-market

i heard that in dubai that cryptocurrencies are familiar and used frequently, so it seems natural that they do that. i'm just a little confused that it would be better if they use bitcoin instead of dogecoin. however, after thinking about this, they probably have the same thoughts as Elon Musk. The good thing about this is that cryptocurrencies are getting more attention for now. I'm pretty sure that things like this will be common to us in the future.

If this information is really true, then most likely this is an ordinary attempt to use the hype around Dogecoin to draw attention to the real estate market in Dubai. However, buying houses using cryptocurrency will soon become commonplace.

Dubai is a rapidly developing country both in terms of infrastructure and technology, so it is not impossible if cryptocurrencies are also ogled by many Dubai real estate entrepreneurs. But why did they choose Dogecoin, why not others like Bitcoin or Erhereum, whose reputation is clear? This could be an attempt to improve Memecoin's influence in the rich country of Dubai.

Yes, I think some countries are interested to engage with crypto. Recently,  El Salvador has officially adopted bitcoin as legal tender.

I think it's quite unique when he uses dogecoin to buy a house and doesn't use eth or bitcoin, is this news to pump up dogecoin prices like before? or just empty news !!

maybe in dubai there are fanatical dogecoin supporters who have a lot of investment in this memecoin. moreover dubai is a rich country which is a good market to raise money, this is like a strategy to promote dogecoin there, and hopefully doge will be increasingly recognized as a trusted asset