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Topic: Condos in Dubai for sale in Bitcoins - page 2. (Read 750 times)

legendary
Activity: 1414
Merit: 1039
September 06, 2017, 12:45:11 PM
#5
But, they do not really sell it for bitcoin, because Bitpay will convert bitcoin into fiat currency and give it to Asto plaza devs.
Through a partnership with Knox Group (http://knoxgroupplc.com/) and the bitcoin payment processor Bitpay (https://en.wikipedia.org/wiki/BitPay), a selection of 1,133 studio, one- and two-bedroom apartments, ready for completion by September 2019 will be sold for bitcoin.
Not in 2017, but have to wait for another 2 years which bitcoin price may reach new ATH. Yes, there is probability bitcoin will go down, but the chance to rise up is bigger obviously.

Currently, studio properties will have a starting price of 33 BTC, and the real estate agency says early investors will get additional benefits. Additionally, packages of interior design services and furniture can also be purchased using bitcoin.
BTC33 today worth over $151,000. How if bitcoin rise to $15,000 in 2019? It's not worth to purchase it right now.

I have to agree with you. Looking back on some of my transaction history now, I feel foolish for sending around .01 btc to test out random sites and whatnot. Even though it was just 10$ a while ago, now it's a whole 50$. 5x the price it was before....

I think with these things, bitcoin is a gamble for both sides. The price can rise or fall and someone will be at a loss through this deal.
hero member
Activity: 1764
Merit: 584
September 06, 2017, 12:27:46 PM
#4
A developer is selling Condos in Dubai, the cheapest one is for 27 BTC is a Studio. here is the link to the site:

https://astonplazacrypto.com/

Whoa! That's just around $125k. That developer is kinda gutsy. He's definitely banking on the speculated rise in prices over the years. Can't blame them though. Bitcoin was just around $1k last year, who would have expected it'll hit around $5k a few weeks ago.
hero member
Activity: 588
Merit: 500
September 06, 2017, 12:21:50 PM
#3
But, they do not really sell it for bitcoin.
Through a partnership with Knox Group (http://knoxgroupplc.com/) and the bitcoin payment processor Bitpay (https://en.wikipedia.org/wiki/BitPay), a selection of 1,133 studio, one- and two-bedroom apartments, ready for completion by September 2019 will be sold for bitcoin.
Not in 2017, but have to wait for another 2 years which bitcoin price may reach new ATH. Yes, there is probability bitcoin will go down, but the chance to rise up is bigger obviously.

Currently, studio properties will have a starting price of 33 BTC, and the real estate agency says early investors will get additional benefits. Additionally, packages of interior design services and furniture can also be purchased using bitcoin.
BTC33 today worth over $151,000. How if bitcoin rise to $15,000 in 2019? It's not worth to purchase it right now.
Geniouse idea. But for us, buyers it is really not so cheap to buy an appartment for bitcoin with it's current price, even if 33 BTC look not so much from it's number. But it's profitable for the seller no doubt. Bitcoin has all perspectives to raise higher and this guy is going to take a bath in money this way. I suppose the price for appartments is going to stay fixed even if bitcoin is going to worth 10k $, it is kinda fixed price. I'm wander to hear about the first person who would buy such appartment.
hero member
Activity: 798
Merit: 506
September 06, 2017, 12:15:40 PM
#2
But, they do not really sell it for bitcoin, because Bitpay will convert bitcoin into fiat currency and give it to Asto plaza devs.
Through a partnership with Knox Group (http://knoxgroupplc.com/) and the bitcoin payment processor Bitpay (https://en.wikipedia.org/wiki/BitPay), a selection of 1,133 studio, one- and two-bedroom apartments, ready for completion by September 2019 will be sold for bitcoin.
Not in 2017, but have to wait for another 2 years which bitcoin price may reach new ATH. Yes, there is probability bitcoin will go down, but the chance to rise up is bigger obviously.

Currently, studio properties will have a starting price of 33 BTC, and the real estate agency says early investors will get additional benefits. Additionally, packages of interior design services and furniture can also be purchased using bitcoin.
BTC33 today worth over $151,000. How if bitcoin rise to $15,000 in 2019? It's not worth to purchase it right now.
member
Activity: 119
Merit: 10
September 06, 2017, 11:53:01 AM
#1
A developer is selling Condos in Dubai, the cheapest one is for 27 BTC is a Studio. here is the link to the site:

https://astonplazacrypto.com/
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