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Author Topic: Dubai is on the map - for Bitcoin  (Read 979 times)
Coinapult
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December 22, 2014, 06:45:16 PM
 #1

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

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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December 22, 2014, 08:10:48 PM
 #2

hopefully we can see the videos from the conf some days ago  Smiley

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December 22, 2014, 08:23:37 PM
 #3

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?


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Gianluca95
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December 22, 2014, 09:48:01 PM
 #4

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?  Angry
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December 22, 2014, 11:46:42 PM
 #5

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

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December 23, 2014, 02:31:08 AM
 #6

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

Coinapult
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December 23, 2014, 01:45:31 PM
 #7

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?

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.

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KingOfSports
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December 23, 2014, 01:50:59 PM
 #8

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?

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  Tongue knew it wasn't you since you're probably a Bitcoin millionaire.

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December 24, 2014, 03:23:41 AM
 #9

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


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.
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December 24, 2014, 12:20:16 PM
 #10

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

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


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December 24, 2014, 04:23:49 PM
 #11

What about btc ATM I'm Dubai?

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August 01, 2018, 10:48:04 AM
 #12

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/
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August 01, 2018, 10:54:50 AM
 #13

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.

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August 01, 2018, 11:12:09 AM
 #14

Wel this is a good news for btc. Place like Dubai can make a huge difference.
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August 01, 2018, 11:13:38 AM
 #15

OMG. A brilliant news indeed. Good for btc.
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August 01, 2018, 11:14:50 AM
 #16

Dubai is world's most wealthiest place.  They can buy all btc at a time.
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August 01, 2018, 11:15:45 AM
 #17

This is very good for Btc. This really the best place to go.
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August 01, 2018, 11:25:35 AM
 #18

Dubai has always been opened to a new set of ideas, no wonder the city keeps a rapid development and has become a paradise of tourism. Many rich guys are certainly investing there. I hope other Middle Easterner states follow suit.

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August 01, 2018, 11:31:18 AM
 #19

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.

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August 01, 2018, 11:37:05 AM
 #20

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.

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