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Topic: A Pair of British Entrepreneurs Sold 50 Luxury Flats For Bitcoin In Dubai - page 2. (Read 273 times)

full member
Activity: 546
Merit: 100
Congrats for the buyer, bitcoin is in bullish mode right now, he will make double profits for the flats selling  Tongue
hero member
Activity: 1834
Merit: 759
50 have already been sold? That's ridiculous. I'd have thought it would be a very niche marketing move that would attract one or two customers, but 50? Sure some customers bought more than one, but still. I guess I've been underestimating how widespread Bitcoin already is.

What would be interesting to know is whethere there are advantages for customers to use Bitcoin. Do they give out special discounts or perks or whatever? I could see some people buying Bitcoin just to use it in this case.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Very clever to sell if they’ve done it at the current price because it’s almost guaranteed we’ll see bitcoin’s price rise fairly significantly in the next year or so.

Very intelligent business there. 
hero member
Activity: 980
Merit: 500
It is their own money so they can do what ever they want from it, And I really think they are just desperate in making big with bitcoin and the sudden drop of bitcoin have given them the opportunity in selling their Luxury flats in exchange in getting really rich in the future, It might be a dumb move because you can surely just invest a little but this kind of desperate move will surely take up their courage on the risk that might involve in doing it,
full member
Activity: 279
Merit: 105
The property on offer in Bitcoin ranges from studios that cost $130,000 a piece, approximately equal to 15.5 bitcoins at press time, to two-bedroom apartments for $380,000 each or, roughly, 45 bitcoins.

Intelligent move, they will multiply their money this year, maybe by looking at people like them and how many profit they will get, other investors could jump into bitcoin too, seems like there are good movements with bitcoins and housing in that country.
In Dubai, there are always good moves, only there is very hot. Cheesy But I'm not surprised that this nation will occupy a leading position in the market and crypto currency.
sr. member
Activity: 448
Merit: 250
That's really smart. They will owe more than what is now the flats value. Good for them!
legendary
Activity: 1652
Merit: 1088
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The property on offer in Bitcoin ranges from studios that cost $130,000 a piece, approximately equal to 15.5 bitcoins at press time, to two-bedroom apartments for $380,000 each or, roughly, 45 bitcoins.

Intelligent move, they will multiply their money this year, maybe by looking at people like them and how many profit they will get, other investors could jump into bitcoin too, seems like there are good movements with bitcoins and housing in that country.

It's great publicity for them too - it's a wonder other firms arn't doing the same just to attract attention.
legendary
Activity: 1401
Merit: 1008
northern exposure
The property on offer in Bitcoin ranges from studios that cost $130,000 a piece, approximately equal to 15.5 bitcoins at press time, to two-bedroom apartments for $380,000 each or, roughly, 45 bitcoins.

Intelligent move, they will multiply their money this year, maybe by looking at people like them and how many profit they will get, other investors could jump into bitcoin too, seems like there are good movements with bitcoins and housing in that country.
member
Activity: 111
Merit: 10
“Everyone Is A Bank”
Well, this does not surprise people. Many know that for bitcoins you can buy apartments, cars, pay for services in a restaurant and buy things in stores. This process can not be stopped.
member
Activity: 247
Merit: 10
So it seems like bitcoin is developing more and more. This is good for bitcoin. It becomes popular and it has great potential to grow
legendary
Activity: 1652
Merit: 1088
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https://cointelegraph.com/news/a-pair-of-british-entrepreneurs-sold-50-luxury-flats-for-bitcoin-in-dubai

Quote
Two entrepreneurs from the UK - the founder of the Ultimo lingerie brand baroness Michelle Mone and her billionaire partner Douglas Barrowman - have sold 50 luxury apartments in Dubai that they originally promised to put on offer for Bitcoin last September, according to a report published by Business Insider Feb. 10.

The $325 mln luxury development Aston Plaza and Residences was launched in Dubai in September 2017 and is set to be completed by 2020. Upon the announcement of the project, Mone and Barrowman promised to offer 150 out of the 1,300 apartments that comprise ‘Aston’ for Bitcoin.

By February, 50 of those apartments have already been sold, the two entrepreneurs told Business Insider. Michelle Mone added that some of the buyers purchased two apartments each, and one person bought as many as ten.

The property on offer in Bitcoin ranges from studios that cost $130,000 a piece, approximately equal to 15.5 bitcoins at press time, to two-bedroom apartments for $380,000 each or, roughly, 45 bitcoins.
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