Quote from: pinkflower on September 07, 2017, 03:18:03 AM

Quote from: CyberKuro on September 06, 2017, 05:15:40 PM

But, they do not really sell it for bitcoin, because Bitpay will convert bitcoin into fiat currency and give it to Asto plaza devs.

But its a start. At least we are witnessing the the beginning of BTC crawling its way to the mainstream market places. I could also envision that BTC can used in auctions of valuable items for collectors. The sellers could be paid directly without the need for a middle man to handle the payment.

Yup, This is a good start and maybe around a few couple of years this will be the trend in the real state industry. Condos, houses from mid to high end are being offered to be paid in bitcoins. It will also eliminate the need of broker or a middle man. But I don't know about the taxes though, this is one area I'm looking at. Maybe its more complicated it you used bitcoin, maybe I'm wrong.

Quote from: Mometaskers on September 06, 2017, 05:27:46 PM

Quote from: donbu7 on September 06, 2017, 04:53:01 PM

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.

We all know that Dubai is very rich country so the price whether in bitcoin or fiat will be peanuts for them. They are really bullish about bitcoin and really seeing that bitcoin price will grow exponentially in the future. Its a great move as guess, but let us see how everything turns out.