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Arabianchain Technology has relaunched the DBIX cryptocurrency. According to the developers, it should reach the government level.
Traded DBIX risk position with nice profit after prices reached bottom. Obviously thought the project is out of business but it seems that the project manager will take back the project to make further adjustments and developements on smart contracts. Let's hope the rocket will take off. 💎🦍💎🚀
Traded DBIX risk position with nice profit after prices reached bottom. Obviously thought the project is out of business but it seems that the project manager will take back the project to make further adjustments and developements on smart contracts. Let's hope the rocket will take off. 💎🦍💎🚀
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ETN I used to mine it until one day the website went down and everything just went poof. I was not happy. Ow and I lost my DBIX password so I have hundreds if not thousands of pounds in crypto lost to the void.
There's at least 10 shitcoins I bought during 2017, held through the bear market that never recovered. All of those. BLUE, SALT, HAT, DBIX, TENX ...
DBIX, had $800+ worth when cryptopia got hacked
DBIX only supports online wallets. Only "legit" reason I have encountered.... and that was/is mostly scam coin.
Lol the DBIX scam, I used to get a bit back in 2017, sold in 2018, now isn't even listed in coinmarketcap.
Does anyone knows where to buy DBIX. FOMO here.
Anyone knows where to buy DBIX?
tldr; Dubai has launched its own cryptocurrency called DubaiCoin (DBIX). DubaiCoin has a long-term goal of being the first ‘Blockchain powered government.’ Dubai is already dubbed as ‘the city of gold’ in the future as well. UAE has incredible economic strength due to its growing economy.{} *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
WARNING: is not an investment recommendation! In 2017, the coin collapsed along with the hopes of investors and it is not known what will happen now. Description of the project on youtube: Since 2017, the United Arab Emirates has been discussing the introduction of a national cryptocurrency. After the forum "UNLOCK Blockchain 2020 (19 - 20 Jan 2021)" ([https://www.unlock-bc.com/events/unlock/2020](https://www.unlock-bc.com/events/unlock/2020)), interest in this project increased many times over. Company, which previously received an award from the UAE Ministry of Finance ([https://twitter.com/MOFUAE/status/1180798935746715649](https://twitter.com/MOFUAE/status/1180798935746715649)) for blockchain development. It announced the imminent relaunch of its DBIX cryptocurrency. Which in the future should become the first official cryptocurrency of the Arab world ([https://www.instagram.com/dbix.2.0/](https://www.instagram.com/dbix.2.0/)). Judging by Arabianchain Technology's close relationship with the government, they have a good chance of doing so. Reliability of the company and a clear plan of using cryptocurrency in real life, makes this project extremely attractive for investors and diversification of their own portfolio.
>Will this be globally available tho? DBIX is now traded on an exchange where anyone can buy it. So it probably will be. But what is alarming is that now the coin is only traded on hitbtc. In 2017 it was on all cryptocurrency exchanges. If the project is resumed, it should return to them.
>Isn't this incredibly contradictive to what was posted yesterday with the whole UAE thing accepting bitcoin? Here, apparently, there is a conversation about another level of acceptance. So that bitcoin machines in the uae since 2019. But still, bitcoin is not accepted everywhere. And SCA said "SCA has further warned that no legal protection is currently being provided and investors enter these investments at their own risk." Here is what the developers themselves wrote to their video: " Since 2017, the United Arab Emirates has been discussing the introduction of a national cryptocurrency. After the forum "UNLOCK Blockchain 2020 (19 - 20 Jan 2021)" (https: //www.unlock-bc.com/events/unlo ...), interest in this project increased many times over. Arabianchain Technology, which previously received an award from the UAE Ministry of Finance (https: //twitter.com/MOFUAE/status/118 ...) for blockchain development. It announced the imminent relaunch of its DBIX cryptocurrency. Which in the future should become the first official cryptocurrency of the Arab world (https://www.instagram.com/dbix.2.0/). Judging by Arabianchain Technology's close relationship with the government, they have a good chance of doing so. Reliability of the company and a clear plan of using cryptocurrency in real life, makes this project extremely attractive for investors and diversification of their own portfolio. " I tried to find information on what was decided on this forum. But I never found it.