Bitcoin Forum

http://www.reddit.com/r/Bitcoin/comments/2kpwah/coinapult_locks_vs_bitreserve_price_comparison/

hopefully we can see the videos from the conf some days ago  :)

Isn't there already an exchange available for trade in Dubai/UAE?

http://www.coindesk.com/uae-first-bitcoin-exchange-dubai/

https://www.igot.com/


Also, what does Coinapult and Bitreserve have to do with Dubai?

Generally I think another thing. Is already exist in Dubai something which is connected with Bitcoin? Because it is very strange, a city which has many oil and money haven't nothing which is connected with bitcoin?  >:(

There are lots of folks with big money to invest in Dubai. This is the right place for BTC.

Well the amount of money Dubai have, they can buy all the Bitcoin at once if they want.

Hi ChuckBuck, Coinapult's co-founders Erik Voorhees and Ira Miller were asked to speak at the Dubai Bitcoin Conference so that is how we came to be involved in the event. More generally though, all of our Bitcoin services are available in Dubai so we hope that people will find value in our products. In fact, our Bitcoin by SMS may be particularly useful considering about 90% of the population are migrant workers.

Woah Sdice creator is now the cofounder of a currency exchange / Bitcoin liquidator? What a change that is. Good luck to you Voorhees, I still remember when your account got hacked couple months back and you sent me a PM asking to buy BTC  :P knew it wasn't you since you're probably a Bitcoin millionaire.

If one of the oil-rich sheikhs takes a liking for Bitcoin, we could be in for a serious bull run.
Crude oil being denominated in USD is one of the reasons why the dollar is the international reserve currency.

Actually Dubai is in the shits and is owned by Abu Dhabi. Pretty much same difference though.

What about btc ATM I'm Dubai?

Dubai Looks to Disrupt its Entire Legal System with ‘Court of the Blockchain’

The Dubai court system tasked to oversee all civil and commercial disputes involving financial transactions both domestically and internationally is turning to blockchain technology to “create the world’s first disruptive court”.

The Dubai International Financial Center (DIFC) Courts has announced its plan “to create the world’s first Court of the Blockchain” in a partnership with the government’s Smart Dubai initiative that it says will fundamentally reshape the judicial process in the future. The pivot to a “blockchain-powered future” will bring “greater efficiencies across the entire legal ecosystem,” the authority said in a statement.

The two bodies will form a joint-taskforce to specifically develop a network built on blockchain technology and smart contracts to explore verification of court judgments and sharing of documents in real-time for efficient cross-border law enforcement. Beyond the initial step, other ‘far-reaching benefits’ include removing document duplication and streamlining the broader judicial process the release added.
https://www.ccn.com/dubai-looks-to-disrupt-its-entire-legal-system-with-court-of-the-blockchain/

Dubai is a rich country and of course a lot of rich people or businessmen. It is a good place for investors. I think it is impossible that bitcoin or crypto coins are not used there.

Wel this is a good news for btc. Place like Dubai can make a huge difference.

OMG. A brilliant news indeed. Good for btc.

Dubai is world's most wealthiest place.  They can buy all btc at a time.

This is very good for Btc. This really the best place to go.

Bitcoin industry now is widely emerging and extending its popularity. This is somehow a cause of the people who invest in it successfully and people that are bitcoin enthusiast that has been well developed their projects and blockchains successfully. Hoping for yhe greatest success of the bitcoin world in the future.

Dubai is a fully developed country and has gain the extent of knowledge about bitcoin, they welcome their people to the mode of bitcoin trading industry and they can facilitate bitcoin world with their facilities that is also well developed, high tech world.

This is a very good news that first South Korea 🇰🇷, then Germany 🇩🇪, then Brazil 🇧🇷, and now Dubai is on the map for bitcoin, I heard the bitcoin stories and knows the time when bitcoin was completely unknown to the people and no one was ready to believe it but now it has made such a tremendous progress and proved its worth to trust enough and more and more countries are understanding this potential of bitcoin and thus legalising its transactions in their nation.

People out there are loaded. Things are about to get exciting once the citizens of this oil-rich kingdom starts investing in bitcoin. The timing is also perfect.

This is somehow a cause of the people who invest in it successfully and people that are bitcoin enthusiast that has been well developed their projects and blockchains successfully.

Dubai is number 1 in bitcoin or altcoin investment. Most of the new cryptocurrencies are came from dubai. Maybe people there really believe the future of bitcoin and most of them already became rich because of it. They are not afraid of being scammed because they know that no one can do that to them.

Dubai is on Bitcoin map for years, they are very open to crypto general. It shouldn`t be a surprise, they are very advanced little state that invest a lot in everything, especially new technologies. In the beginning of this year they issued first licence for crypto service, I searched a bit and I found that article: https://news.bitcoin.com/dubai-issues-license-to-cryptocurrency-firm/ (https://news.bitcoin.com/dubai-issues-license-to-cryptocurrency-firm/). The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services.  Dubai is definitely going in the right directions for this kind of enterprise, in few years they will be more crypto than now.

Dubai is always an upgraded country and in the case of bitcoin and ALTcoin they are the only one country who comes first and I really appreciate it.

I think that if Dubai will make something more than now other countries could follow that, it has proves so many times that their decision were made with big success.

People in Dubai are loaded. Lots of disposable income, perfect for bitcoin investment. What took them so long to get into cryptocurrency? Better late than never.  :)

In Dubai, everything is developing well and probably that they have bitcoin for which you can buy everything)

I visited Dubai and actually it is very sophisticated
Its economic policies are open
It will have a good future
But they have to check the choice of strong projects

This is the very good news that Dubai is also thinking of be the part of bitcoin and no doubt introduction of bitcoin in Dubai will boost its development only and moreover will increase the GDP of the nation and not Dubai there are many more nation like Brazil 🇧🇷, japan 🇯🇵, South Korea 🇰🇷 who has legalised bitcoin and not get benefited by the bitcoin but I don’t understand not simple thing that now more and more countries are legalising bitcoin but why still bitcoin valuation is not increasing.