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Author Topic: Bitcoins in Saudi Arabia?  (Read 6707 times)
mikeywith
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November 26, 2018, 11:21:20 PM
 #21

I just got in touch with some arabic friends , any now teaching them about bitcoin minin

Thanks for all the efforts. Hope one day, Arabic friends will sell oil for bitcoin, not just dollars. That will enrich our Arabic friends enormously. The dollar bill they get devalue day by day.

are you one of the naive people who think Arabs actually have access to oil by digging a 10cm deep whole in their back yard and take it to the market and sell it for $?  oil industry is 100% controlled by the governments. so what you hoping for as exactly the same as the Russian/Canadian govs accepting bitcoin for all their exports?

shit like that ain't going to happen.

and as for the average folks in Arabis, BTC is quite popluar and mainly traded in OTC manners.

 for the OP , if you are looking for a seller in Saudi Arabia i can make a few calls, just PM with what exactly are you looking for.


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rocketbits
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November 28, 2018, 07:25:32 AM
 #22

I just got in touch with some arabic friends , any now teaching them about bitcoin minin

Thanks for all the efforts. Hope one day, Arabic friends will sell oil for bitcoin, not just dollars. That will enrich our Arabic friends enormously. The dollar bill they get devalue day by day.
Probably that could be one of the reasons in the news; they have been trying as much as possible to clamor for a global regulation for the crypto space to at least get the space to mature pretty fast than it is now. It is a good thing to see those with some visions and high set of visionary leaders, seeing this as a means to make the market a lot more useful for them in the long run, which I see they are trying every means possible to at least tap from the cryptocurrency market as well as the blockchain technology, let's see how that will all be working out as we forge ahead.
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November 28, 2018, 07:43:43 AM
 #23

Is bitcoin illegal in Saudi Arabia? I don't know if it is legit but I saw some article that bitcoin is illegal in this country. I don't know the legality and procedures to buy bitcoin in Saudi Arabia because I am not from that country. Maybe, you can buy some bitcoin in exchange or look for an escrow service.

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November 28, 2018, 09:24:48 AM
 #24

Hi,

does anybody know an easy way to get some bitcoins in saudi arabia?

I offer hosting services to arabic speaking people and the only way to pay for them are phonecalls with extreme fees.
Bitcoins would be perfect if they could get some...

Thanks.
It seems that the Arabs still have not given any effect to Bitcoin, now Bitcoin is still less popular in Arabia and it can be one of the obstacles for you to offer bitcoin in Saudi Arabia. that's my opinion

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November 29, 2018, 11:38:46 AM
 #25

Everything is "illegal" in saudi arabia until king says its not. It is not a "muslim" country, it is a king country and the king controls even the religion itself. If he wakes up tomorrow and says "bitcoin is halal" , you will see a billion dollars in the market at the same day, probably more. Hence don't worry about what he thinks now, try to change is viewpoint for the future.

For example united arab emirates started to make it easier for people to do crypto investments in their country and started to even give some tax breaks to crypto companies so they can get there and pay taxes there, their reason basically wasn't to make their own people establish crypto companies but to attract already existing crypto companies. Which is working since Coinbase is considering starting one there one day.
moynul2050
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November 29, 2018, 08:21:44 PM
 #26

I think Saudi Arabia is still foreign to Bitcoin, but some projects are supported by some Middle Eastern communities. like Menapay and Zuflo.
this may only be at the beginning and someday they will understand blockchain technology.
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December 04, 2018, 01:12:38 PM
 #27

Hi,

does anybody know an easy way to get some bitcoins in saudi arabia?

I offer hosting services to arabic speaking people and the only way to pay for them are phonecalls with extreme fees.
Bitcoins would be perfect if they could get some...

Thanks.

Isn't is banned there? If it isn't then it's good since I would know some people actually buy some Bitcoin from all over the world.
asyakashi
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December 04, 2018, 04:11:08 PM
 #28

Hi,

does anybody know an easy way to get some bitcoins in saudi arabia?

I offer hosting services to arabic speaking people and the only way to pay for them are phonecalls with extreme fees.
Bitcoins would be perfect if they could get some...

Thanks.

Isn't is banned there? If it isn't then it's good since I would know some people actually buy some Bitcoin from all over the world.
I didn't hear the news, even some blockchain events held in Dubai are a sign that the Middle East is ready with this technology. some ico are even successful there.

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