Topic: Emaar Properties says no to accepting cryptocurrencies as payment - page 2. (Read 271 times)
February 26, 2019, 10:20:28 AM
i have no idea how important emaar properties is but what can it contribute to crypto if it does accept cryptocurrencies?
of course we all want to see adoption but i think there were already actions done for it like the Bakkt to make adoption happen. we can just wait for its launche which we have been expecting also since last year.
February 26, 2019, 10:15:56 AM
What's the need of clearly stating that or making a statement that 'they don't accept cryptocurrency'. It's really not a do or die affair. As a company, they have the every right to accept whichever currency they which to accept or feel like without having to please anyone. Still don't understand why this is making headlines though.
February 26, 2019, 10:02:35 AM
That's the reason why I always visit the source whenever I hear such kind of news. I am sure Emaar Properties is not the one whose news broke out about accepting bitcoin and crypto payments. Whenever you hear such news, visit the company website and especially the "press Release" section to make sure that the news is correct. Because such kind of news will always appear in the official press release if it is true! In case of Emaar Properties, it was never true.
https://www.emaar.com/en/press-release-listing
Due to the low integrity of some media houses, it is always better to cross check such news before believing it!
https://www.emaar.com/en/press-release-listing
Due to the low integrity of some media houses, it is always better to cross check such news before believing it!
This is what im doing already ever since my trust is gone with these media houses which making sure if those news being posted are real or fake ones and as being
said you can usually find these on their press release.If we cant find any information about such thing then we can already conclude.
Just a question that how these people do still have the face on releasing such fake news?
February 26, 2019, 09:47:56 AM
To be fair, it's not only Emaar Properties who don't want to do anything with bitcoins just yet. It's only those small-time real estate agents and individual, private owners of houses that would be willing to sell their houses and properties for bitcoin, not giant realtors and developers such as Emaar Properties. For now, they are concerned for their financial and fiat security rather than accepting a highly speculative and experimental currency that doesn't seem to hold its value steadily even for a few months. Anyway, its really best to read sources on news before spreading it out as it might give out false information that no one really wanted in the first place.
February 26, 2019, 09:06:23 AM
Maybe they doesn't want to support their growth along with bitcoin. Already they are big in the real estate market, adding bitcoin payments gateway will add value to their service rather than declining. In the past it was Expedia that started accepting bitcoin and stopped it just because they didn't gain good revenue through it, now Emaar gets added to the list.
February 26, 2019, 08:50:50 AM
“Emaar only accepts payment in government-issued currency, primarily in U.A.E. dirham and U.S. dollar,” the spokesperson from Emaar Properties said.
Many rumors come from incorrect sources and must be verified before post.Let us be realistic that the real estate investments "I do not mean only Emaar Properties" depends mainly on the principle of trust, as we rarely make agreements with unknown parties.
The use of decentralized cryptocurrencies will have no effect on the real estate market unless there is a kind of centralization and means of payment that depend on trusted parties.
February 26, 2019, 06:12:58 AM
How did the news spread out in the first place? I don't understand why people would release such fake news too. Are they looking to cause something bad for Emaar Properties by saying they're accepting crypto as payment? Sounds like some conspiracy in play.
February 26, 2019, 05:23:49 AM
Bloomberg released an official statement denying that Emaar Properties accepts cryptocurrencies.
Blogs and reports have been circulating all over the internet claiming that Emaar Properties is accepting cryptocurrencies as a mode of payment.
“Emaar only accepts payment in government-issued currency, primarily in U.A.E. dirham and U.S. dollar,” the spokesperson from Emaar Properties said.
Read more here: https://www.unblock.news/news/emaar-properties-says-no-to-accepting-cryptos-as-payment
Blogs and reports have been circulating all over the internet claiming that Emaar Properties is accepting cryptocurrencies as a mode of payment.
“Emaar only accepts payment in government-issued currency, primarily in U.A.E. dirham and U.S. dollar,” the spokesperson from Emaar Properties said.
Read more here: https://www.unblock.news/news/emaar-properties-says-no-to-accepting-cryptos-as-payment
That's the reason why I always visit the source whenever I hear such kind of news. I am sure Emaar Properties is not the one whose news broke out about accepting bitcoin and crypto payments. Whenever you hear such news, visit the company website and especially the "press Release" section to make sure that the news is correct. Because such kind of news will always appear in the official press release if it is true! In case of Emaar Properties, it was never true.
https://www.emaar.com/en/press-release-listing
Due to the low integrity of some media houses, it is always better to cross check such news before believing it!
February 26, 2019, 05:12:48 AM
As much as possible we want more companies to accept payments through cryptocurrency. But to the point that there will be people who are going to spread wrong info is doing it the wrong way.
No one is forcing them to accept crypto's because sooner or later we might even see them to take back their statement and will announce that they are willing to accept soon. I'm late on this news and saw a lot of articles said that they are accepting it so at least it's validated now.
Here's one source too: https://cointelegraph.com/news/uaes-largest-real-estate-firm-emaar-denies-reports-that-it-accepts-crypto-bloomberg
No one is forcing them to accept crypto's because sooner or later we might even see them to take back their statement and will announce that they are willing to accept soon. I'm late on this news and saw a lot of articles said that they are accepting it so at least it's validated now.
Here's one source too: https://cointelegraph.com/news/uaes-largest-real-estate-firm-emaar-denies-reports-that-it-accepts-crypto-bloomberg
February 26, 2019, 04:31:25 AM
Bloomberg released an official statement denying that Emaar Properties accepts cryptocurrencies.
Blogs and reports have been circulating all over the internet claiming that Emaar Properties is accepting cryptocurrencies as a mode of payment.
“Emaar only accepts payment in government-issued currency, primarily in U.A.E. dirham and U.S. dollar,” the spokesperson from Emaar Properties said.
Read more here: https://www.unblock.news/news/emaar-properties-says-no-to-accepting-cryptos-as-payment
Blogs and reports have been circulating all over the internet claiming that Emaar Properties is accepting cryptocurrencies as a mode of payment.
“Emaar only accepts payment in government-issued currency, primarily in U.A.E. dirham and U.S. dollar,” the spokesperson from Emaar Properties said.
Read more here: https://www.unblock.news/news/emaar-properties-says-no-to-accepting-cryptos-as-payment
Jump to: