Dubai is a rapidly developing country both in terms of infrastructure and technology, so it is not impossible if cryptocurrencies are also ogled by many Dubai real estate entrepreneurs. But why did they choose Dogecoin, why not others like Bitcoin or Erhereum, whose reputation is clear? This could be an attempt to improve Memecoin's influence in the rich country of Dubai.
maybe in dubai there are fanatical dogecoin supporters who have a lot of investment in this memecoin. moreover dubai is a rich country which is a good market to raise money, this is like a strategy to promote dogecoin there, and hopefully doge will be increasingly recognized as a trusted asset 
Topic: Buy a house in Dubai with DodgeCoin (Read 482 times)
I think it's quite unique when he uses dogecoin to buy a house and doesn't use eth or bitcoin, is this news to pump up dogecoin prices like before? or just empty news !!
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.
Yes, I think some countries are interested to engage with crypto. Recently, El Salvador has officially adopted bitcoin as legal tender.
Dubai is a rapidly developing country both in terms of infrastructure and technology, so it is not impossible if cryptocurrencies are also ogled by many Dubai real estate entrepreneurs. But why did they choose Dogecoin, why not others like Bitcoin or Erhereum, whose reputation is clear? This could be an attempt to improve Memecoin's influence in the rich country of Dubai.
If this information is really true, then most likely this is an ordinary attempt to use the hype around Dogecoin to draw attention to the real estate market in Dubai. However, buying houses using cryptocurrency will soon become commonplace.
This is a very simple way to save 5% of your money when buying a property. And given the fact that the cost of real estate in Dubai is very high, for the sake of getting such a discount, anyone, even if he was not previously familiar with cryptocurrency, will be able to figure it out and buy Doge, paying with these coins with a construction campaign.
i heard that in dubai that cryptocurrencies are familiar and used frequently, so it seems natural that they do that. i'm just a little confused that it would be better if they use bitcoin instead of dogecoin. however, after thinking about this, they probably have the same thoughts as Elon Musk. The good thing about this is that cryptocurrencies are getting more attention for now. I'm pretty sure that things like this will be common to us in the future.
Found an interesting article about the reasons why Dogecoin relies on social networks to succeed in the market, it's about altcoins and more
Source: https://blockster.com/blockdesk/1398_reasons-why-dogecoin-relies-on-social-networks-to-perform-well-in-the-market
Source: https://blockster.com/blockdesk/1398_reasons-why-dogecoin-relies-on-social-networks-to-perform-well-in-the-market
Is Dogecoin Worth Investing?
TL;DR Dogecoin has something in common with Bitcoin and Ethereum, like the use of Blockchain and the Proof of Work consensus algorithm. However, it is quicker than Bitcoin. It makes it easier for miners to record and complete transactions, making it easier for payment to be processed. It takes about 10 minutes for the Bitcoin blockchain to ratify new blocks. However, new blocks only take 1 minute to be ratified on the Dogecoin blockchain.
Source https://blockster.com/blockdesk/1255_is-dogecoin-worth-investing
TL;DR Dogecoin has something in common with Bitcoin and Ethereum, like the use of Blockchain and the Proof of Work consensus algorithm. However, it is quicker than Bitcoin. It makes it easier for miners to record and complete transactions, making it easier for payment to be processed. It takes about 10 minutes for the Bitcoin blockchain to ratify new blocks. However, new blocks only take 1 minute to be ratified on the Dogecoin blockchain.
Source https://blockster.com/blockdesk/1255_is-dogecoin-worth-investing
Yep This is one of the reasons I still mine dogecoin
Is the information you get really valid? can you give me detailed information because I want to read the news, what I'm asking is why doge? why not another coin which is better
This is a very simple way to save 5% of your money when buying a property. And given the fact that the cost of real estate in Dubai is very high, for the sake of getting such a discount, anyone, even if he was not previously familiar with cryptocurrency, will be able to figure it out and buy Doge, paying with these coins with a construction campaign.
If u already have the Dogecoin, yes it could be a save. But if you buy Dogecoin just before u buy the house, it could lead u to some loss because of the Dogecoin volatility.
With the huge price of the house, i dont think i would take a risk to buy dogecoin for saving that 5%.
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.
Is this information real, I think this is just a method to get back to pumping the price of Dogecoin as Elon Musk has done in his tweets in the past. If they really want to accept payments via crypto, why should they choose Dogecoin. There should be many other coins with more potential.
This is a very simple way to save 5% of your money when buying a property. And given the fact that the cost of real estate in Dubai is very high, for the sake of getting such a discount, anyone, even if he was not previously familiar with cryptocurrency, will be able to figure it out and buy Doge, paying with these coins with a construction campaign.
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 pretty cool, I’ve long thought about moving to Dubai due to the tax ruling there. Seems like something to think about. I don’t own any doge but I have more than enough btc which I could easily convert some. Thanks for the heads up. I’m going to take a look at the Jumeirah Village Project now.
It could have been a one-time action during the DodgeCoin boom. Most likely, if we are talking about the use of cryptocurrency when buying a home, then it will most likely be bitcoin. Serious businessmen are unlikely to get involved with frivolous coins.
If dubai approve bitcoin or crypto i won't be surprise because we all know about dubai. They are extraordinary they are ready to make money by doing anything. They always experiment newest technology of their country. And maybe bitcoin is in their eye. But who know they might not. But if dubai give bitcoin a legal tender about bitcoin then i am damn sure bitcoin price will be up like boom. Because dubai has soo much money and dubai people are always ready to make money. It might be happen. But who knows what will happen? Its just my speculation.
Unfortunately, they would have gotten a better deal if they had purchased it with Bitcoin rather than Dogecoin, which has since restored to its previous value. Gradually, the hotel seller's holdings are no longer equivalent to the current Dogecoin price.
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 is the first time that I meet when companies offer to sell something for dogecoin. But actually it depends on the time when they made this announcement. If they announced it in spring when Dogecoin was on a peak of popularity, they can refuse this idea now as the hype of meme coins is already over. Nevertheless, if it really happens, dogecoin must grow, as people will buy it to have a 5% discount.
I wonder why they have chosen the Doge coin among other top coins. I'm sure that it would hype the said coin again. It will be beneficial especially for Dogecoin holders in Dubai. It will surely make the price increase but the question is still until when? If it's legit then I hope that they would consider using another potential top coin instead.
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.
I didn't find a search about DodgeCoin, there is Dogecoin. If you make a typo, it can't be consecutive errors with the same word.
If indeed there is such news about buying a house in Jumeirah UAE using Dogecoin. That's the new hype about Dogecoin.
Such hype only affects new investors, and new crypto users. I think it's to see the response from investors.
But unfortunately Hype will turn into something new where Doge recruits Vitalik as his advisor. Do you see this as something new? Let's see again after the Doge Foundation was held, we got news where he will focus on supporting the DogeCoin ecosystem and promoting it. https://foundation.dogecoin.com/about/
That will be a very big win win for dogecoin and it's investors, because it's spreading the coin and making it's more famous and popular, the damand will increase and as such the price will push up very high. If this become effective anytime soon, then we should be expecting a new all time high.
It will only happen if this news is realized, have you read news about this from a trustworthy site? I several times searched for info about the truth of this news and to no avail, there are even some sites that do not guarantee the truth of what they write.
If this news is true, it is certain that a large company class will report it through their official website or use a site that has a high level of trust, considering the selection of doge coins which are classified as meme coins, while there are coins that have more strong market capitalists such as Btc or ETH.
Prior to the official news I thought this was just a fuss made to increase the value of Dogecoin.
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