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Author Topic: Buy a house in Dubai with DodgeCoin  (Read 482 times)
Alikhaki123 (OP)
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August 19, 2021, 11:47:19 AM
 #1

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.
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August 19, 2021, 12:41:20 PM
 #2

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

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August 19, 2021, 01:42:44 PM
 #3

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.
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August 19, 2021, 01:56:18 PM
 #4

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 and they don't get a worldwide response. I will say that this is fake and was created just to hype on dogecoin.

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August 19, 2021, 02:06:22 PM
 #5

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 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  Grin
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August 19, 2021, 02:13:54 PM
 #6

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.


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.

R


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August 19, 2021, 02:28:58 PM
 #7

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.

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August 19, 2021, 02:43:03 PM
 #8

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.

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

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August 19, 2021, 03:47:35 PM
 #9

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?
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August 19, 2021, 04:01:23 PM
 #10

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.

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August 19, 2021, 05:16:37 PM
 #11

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.
Dubai is a very developed and rich country with a very good economic sector so that whatever thing you want to implement will always be successful and also smooth without any obstacles, but on the other hand it is also very good for cryptocurrencies because it can bring new positive things for now.

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.



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August 19, 2021, 05:34:07 PM
 #12

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.



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.
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August 19, 2021, 06:10:40 PM
 #13

but i cant believe in Dogecoin

still?
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Dogecoin Foundation Returns With Ethereum’s Vitalik Buterin as Adviser
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this is fake news and was created just to dogecoin put on moon, ~
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
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August 19, 2021, 06:16:23 PM
 #14

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.
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.

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August 19, 2021, 07:16:31 PM
 #15

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.

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August 19, 2021, 07:29:17 PM
 #16

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.

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August 20, 2021, 11:55:19 AM
 #17

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.
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.

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August 20, 2021, 11:59:50 AM
Last edit: August 20, 2021, 12:12:08 PM by Mahanton
 #18

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.
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.

R


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August 20, 2021, 12:00:41 PM
 #19

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.

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August 20, 2021, 12:52:28 PM
 #20

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
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