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Author Topic: Dubai 400 Bitcoin ATMs in 2 weeks  (Read 5893 times)
Lauda
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March 18, 2014, 09:29:17 PM
 #21

Can ATM do DOGE?
No, and wrong section.
This is great news, there's a lot of money down there.

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QuestionAuthority
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March 18, 2014, 11:47:48 PM
 #22

Yeah, Hajji to the rescue.

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March 19, 2014, 01:56:32 AM
 #23

I think this is pretty awesome news. There is a lot of untapped potential from the Middle East. In particular, Dubai has pockets of concentrated wealth intermingled with pockets of migrant workers so it's a great place to gain adoption. Plus, you gotta love a city with a mall that has it's own ski resort!
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March 19, 2014, 02:03:02 AM
 #24

This looks pretty awesome I think we should stick to Bitcoin atm though, maybe Litecoin, but certainly not Dogecoin, its just another one of those coins like the ones that popped up back in April.
Can ATM do DOGE?
DOGE is a fiat-coin scam, and no one should support it!


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March 19, 2014, 02:45:13 AM
 #25

I've yet to see a single shred of evidence this is true aside from that tweet.

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March 19, 2014, 03:18:50 AM
 #26

I don't see the utility in having an indoor ski resort either, but this is Dubai... they have oil money leaking out of their pores and have a lot of money to do a lot of unnecessary things.... like invest in Bitcoin for example.  Wink

This is a great thing for Bitcoin.

Your post led me to try to find Arabic sites that mention bitcoin. Turns out that bitcoin has been featured on many of the large media outlets there. Also, I found that most of the Arabic forums that have people posting about bitcoin are Egyptian and Saudi. Mostly Egyptians though.

I've yet to see a single shred of evidence this is true aside from that tweet.

Searching for bitcoin dubai mostly brings up stuff about a pizza joint and that reddit post.

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March 19, 2014, 03:28:53 AM
 #27

I've yet to see a single shred of evidence this is true aside from that tweet.
Check this out   http://www.bitcoinlayman.com/dubai-launch-400-bitcoin-atms-2-weeks/   Looks like somebody has more images than just the tweet.  The first dollar of oil money that goes into bitcoin is going to set spark to the mountains of debt used to fund the excess of fiat in the past 5000 years.  What I don't think will happen is an all out switch to settlement in btc.  OPEC could just as easily credit a coin that is a derivative of the oil reserves they have, collecting the present value bases in exchange for the backing of oil.  Snap just like that, new world reserve currency leveraging any and all other asset classes at will.  This news was sorta a shock when I saw it and still not quiet sure how I feel about this.
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March 19, 2014, 06:20:59 AM
 #28

But what's the point of having 400 of them in 1.2M city?
Spread them a bit please!
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March 19, 2014, 07:24:31 AM
 #29

Lets wait and see if this is true or fake...400
seems to be a bit to much

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March 19, 2014, 07:46:45 AM
 #30

This is great, I hope they have one in each terminal at the airport. The last time I was there I had to pay to get USD out of the ATM and then pay to convert those USD to AED (helps to have cash to pay for a cab from Terminal 2 to Terminal 1).

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March 19, 2014, 07:52:58 AM
 #31

I really hope this ATM can do Dogecoin. Would give a good push to Dogecoin. Dubai people are great Shibes and love DOGE.

If ATM can do no DOGE, I will start campaign to update firmware to support Dogecoin.

This is really important, everybody help. We can do more like: www.huffingtonpost.com/2014/03/18/dogecoin-donation_n_4987224.html
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March 19, 2014, 11:48:28 AM
 #32

huuuuge !
Bring the Arab cash flow
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March 19, 2014, 12:54:50 PM
 #33

Great sand. Many oil. Doge.
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March 19, 2014, 01:03:03 PM
 #34

Yeah,that's some really great news.

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March 19, 2014, 01:14:54 PM
Last edit: March 19, 2014, 01:47:33 PM by FeedbackLoop
 #35

Edit: yeah... too much doge flooding this thread quickly so replacing my post with this tiny note. That recent donation on tweeter does deserve some credit. I don't believe in doge and never used doge though.
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March 19, 2014, 01:28:12 PM
 #36

and the dogecoin bagholders have poisoned this thread  just like everything else they touch.

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March 19, 2014, 01:28:53 PM
 #37

You guys do realize that dogs are not very popular in the Arab world right? The word "dog" is even used as a pejorative. Calling someone a dog is actually the most common way to make an insult in the Muslim world.
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March 19, 2014, 01:30:58 PM
 #38

You guys do realize that dogs are not very popular in the Arab world right? The word "dog" is even used as a pejorative. Calling someone a dog is actually the most common way to make an insult in the Muslim world.

lol you think dogecoin bagholders use common sense ? they just spread their diarrhea on the world and hope it sticks.

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March 19, 2014, 01:34:03 PM
 #39

A good beginning.  Grin
The next steps will be:
- identification by the ATM only with Namecoin ID
- selling oil directly for Bitcoin and Namecoin

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March 19, 2014, 01:37:33 PM
 #40

Is this real? This is going to be huge news if it's true.
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