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Topic: Dubai 400 Bitcoin ATMs in 2 weeks - page 2. (Read 5961 times)

newbie
Activity: 20
Merit: 0
March 19, 2014, 07:54:50 AM
#33
Great sand. Many oil. Doge.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
March 19, 2014, 06:48:28 AM
#32
huuuuge !
Bring the Arab cash flow
member
Activity: 98
Merit: 10
March 19, 2014, 02:52:58 AM
#31
I really hope this ATM can do Dogecoin. Would give a good push to Dogecoin. Dubai people are great Shibes and love DOGE.

If ATM can do no DOGE, I will start campaign to update firmware to support Dogecoin.

This is really important, everybody help. We can do more like: www.huffingtonpost.com/2014/03/18/dogecoin-donation_n_4987224.html
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 19, 2014, 02:46:45 AM
#30
This is great, I hope they have one in each terminal at the airport. The last time I was there I had to pay to get USD out of the ATM and then pay to convert those USD to AED (helps to have cash to pay for a cab from Terminal 2 to Terminal 1).
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
March 19, 2014, 02:24:31 AM
#29
Lets wait and see if this is true or fake...400
seems to be a bit to much
sr. member
Activity: 910
Merit: 302
March 19, 2014, 01:20:59 AM
#28
But what's the point of having 400 of them in 1.2M city?
Spread them a bit please!
hero member
Activity: 1223
Merit: 506
This is who we are.
March 18, 2014, 10:28:53 PM
#27
I've yet to see a single shred of evidence this is true aside from that tweet.
Check this out   http://www.bitcoinlayman.com/dubai-launch-400-bitcoin-atms-2-weeks/   Looks like somebody has more images than just the tweet.  The first dollar of oil money that goes into bitcoin is going to set spark to the mountains of debt used to fund the excess of fiat in the past 5000 years.  What I don't think will happen is an all out switch to settlement in btc.  OPEC could just as easily credit a coin that is a derivative of the oil reserves they have, collecting the present value bases in exchange for the backing of oil.  Snap just like that, new world reserve currency leveraging any and all other asset classes at will.  This news was sorta a shock when I saw it and still not quiet sure how I feel about this.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
March 18, 2014, 10:18:50 PM
#26
I don't see the utility in having an indoor ski resort either, but this is Dubai... they have oil money leaking out of their pores and have a lot of money to do a lot of unnecessary things.... like invest in Bitcoin for example.  Wink

This is a great thing for Bitcoin.

Your post led me to try to find Arabic sites that mention bitcoin. Turns out that bitcoin has been featured on many of the large media outlets there. Also, I found that most of the Arabic forums that have people posting about bitcoin are Egyptian and Saudi. Mostly Egyptians though.

I've yet to see a single shred of evidence this is true aside from that tweet.

Searching for bitcoin dubai mostly brings up stuff about a pizza joint and that reddit post.
member
Activity: 70
Merit: 10
March 18, 2014, 09:45:13 PM
#25
I've yet to see a single shred of evidence this is true aside from that tweet.
hero member
Activity: 1223
Merit: 506
This is who we are.
March 18, 2014, 09:03:02 PM
#24
This looks pretty awesome I think we should stick to Bitcoin atm though, maybe Litecoin, but certainly not Dogecoin, its just another one of those coins like the ones that popped up back in April.
Can ATM do DOGE?
DOGE is a fiat-coin scam, and no one should support it!


WOW AMAZING!  100 DAYS.  GOOD DOGE!  MUCH BETTER
https://www.youtube.com/watch?v=vcy2v7DDaDQ
legendary
Activity: 896
Merit: 1000
March 18, 2014, 08:56:32 PM
#23
I think this is pretty awesome news. There is a lot of untapped potential from the Middle East. In particular, Dubai has pockets of concentrated wealth intermingled with pockets of migrant workers so it's a great place to gain adoption. Plus, you gotta love a city with a mall that has it's own ski resort!
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
March 18, 2014, 06:47:48 PM
#22
Yeah, Hajji to the rescue.
legendary
Activity: 2674
Merit: 2965
Terminated.
March 18, 2014, 04:29:17 PM
#21
Can ATM do DOGE?
No, and wrong section.
This is great news, there's a lot of money down there.
member
Activity: 99
Merit: 10
March 18, 2014, 04:28:32 PM
#20
to da mooooon  Grin
full member
Activity: 176
Merit: 100
March 18, 2014, 04:11:06 PM
#19
This looks pretty awesome I think we should stick to Bitcoin atm though, maybe Litecoin, but certainly not Dogecoin, its just another one of those coins like the ones that popped up back in April.
legendary
Activity: 1512
Merit: 1011
March 18, 2014, 03:06:01 PM
#18
Good news
i think it will raise BTC prices
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
March 18, 2014, 03:01:46 PM
#17
I don't see the value in deploying so many Bitcoin ATMs in one city unless there's a lot of demand for it. There's one close to where I live but they charge a hefty premium to convert fiat to bitcoin. I read somewhere that there was a guy standing near the ATM offering to sell bitcoins cheaper than the ATMs price.

I don't see the utility in having an indoor ski resort either, but this is Dubai... they have oil money leaking out of their pores and have a lot of money to do a lot of unnecessary things.... like invest in Bitcoin for example.  Wink

This is a great thing for Bitcoin.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
March 18, 2014, 02:53:53 PM
#16
What's wrong with you? Plenty of Coin-ATMs can do LTC, DOGE and BTC.
Thats a legitimate question.

plenty? i only know one who actually deals with this scamcoin.
full member
Activity: 210
Merit: 100
LION Devloper, Graphics Designer!
full member
Activity: 126
Merit: 100
March 18, 2014, 12:38:13 PM
#14
there are tons of gold atms in Dubai, this is good news
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