Topic: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela - page 21. (Read 28498 times)

Bitcoin: the Venezuelan alternative to circumvent exchange control

The Petro is to buy it at a free market price and sell it at the DICOM price (if you ever get it)

Or do you think that the Bolivarian regime will lose its money with you?

Caracas, March 9 - Every Venezuelan will be able to acquire Petros in bolivars when the Initial Offer of this cryptocurrency begins, which is scheduled to begin on March 20, said the general director of Digital Mining of the National Superintendence of Cryptoactives and Related Activities (Supcacven), Héctor Grand.

Interviewed for the Punto de Encuentro program broadcast by Venezolana de Televisión, the public servant indicated that to carry out the operation, people must register at www.elpetro.gob.ve and make an offer, following the steps indicated on this website. .

He commented that the buyer can make a minimum bid of 100 bolivars for a fraction of Petros, called Mene, which has a divisibility of up to 8 decimals.

He specified that the current value of the Venezuelan crypto currency is $ 57 as established in the white paper (White Papers) promulgated by the Government of the Bolivarian Republic of Venezuela.



https://www.youtube.com/watch?v=IRAer9P2OqU


as these Bolivarians lie, he says three times that the mene are eight decimals

ah! and transparency, or rather transactions, are conspicuous by their absence. NEM does not lie

The petro are the new mirrors for the Bolivarians.

what you want Bolivarian imbecile. How many bags clap gives you the Bolivarian regime to undermine forums?

he doesn't know anything about nem, xem, mosaics, tokens or cryptocurrencies in general.
don't feed the troll, let him die with his own flood of nonsense.

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Of course, like this one too:

The Presale will start on March 1, 2018 and will consist of the creation and sale of an ERC20 token on the block chain of the Ethereum platform. This process will promote and guarantee demand for the Petro Initial Offer, which will be made later.

But true, the new white paper says it, some enlightened one realized the error. Of course, the videos of mature explaining the mene are there. For when there will be another change in white paper.


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The scam occurs when you proclaim some things that reality does not show. Nem is not a scam, Nem verifies the deceit and failure on Bolivarian charlatanism

The official whitepaper says 0,000001, typos happen.

The fact that anyone can create a smart asset does not automatically mean petro is a scam. That's the core logic of NEM, anyone can create smart assets, xem itself is actually a mosaic under the nem namespace(nem:xem).

https://medium.com/nemofficial/how-to-make-a-mosaic-with-the-nem-blockchain-2a237915f03c

Unmasking the lie of the Petro

1-The Venezuelan State will issue 100,000,000 petros.

2-The Petro, a Venezuelan cryptocurrency, will circulate through the NEM technological platform, this was reported on Tuesday night by the President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros.

3-The minimum unit of exchange will be called Mene (0.00000001).

4-NEM Official (Editors)
Divisibility
The divisibility determines to what decimal point the mosaic can be divided. Therefore, a divisibility of 3 means that a mosaic can be divided into smaller pieces of 0.001 tiles (that is, milli mosaics are the smallest subunit). The divisibility must be in the range of 0 and 6. (0.000001)

 

axioman was reported for insulting in this thread.

"""""thanks to the economic war induced by the U.S. dictatorship and its local and international puppets."""""



Name:   coinve

Date Registered:   February 24, 2018, 05:54:20 AM

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Typical fucking chavista You're going to eat the petros with your gtx750, and you've never mined anything, clown

minimum wages in Venezuela (since May 2018) are $1 monthly if you calculate it
using the black market rate, thanks to the economic war induced by
the U.S. dictatorship and its local and international puppets.

but... minimum wages are... well... just that... minimum wages.
just a fucking dumb accept a job for that amount knowing that
a 2L bottle of Coca-Cola can cost you $0.5 in Venezuela.

there are plenty of things a venezuelan can do to earn more than that.
employers know this and if they want to keep their employees
they have to pay more than minimum wages.

recently, a carpenter charged me $10 for repair me a chair.
the chair was repaired after four hours, i stayed there watching.
$10 for 4 hours of work and materials used to repair the chair.

just one of my mining rigs (with four gtx750) is making $1 daily (including electricity)
and this machine already paid for itself a long time ago.

A dollar every 15 days makes no sense, I imagine its hard to track currency well.  Maybe its become barter, off the grid.    This is part of the efficiency function to every part of an economy, it even applies to money itself.  When inaccurate it really makes tracking any financial transaction hard to do I imagine.

This is why some people say we will eventually come back to gold as the age old reset of solid currency (governments world wide have this struggle with paper money, its no isolated criticism of one nation or system).  Gold cant be debased and has a direct measure of value consistant over thousands of years apparently.     Part of that argument to me would be crypto adds efficiency and certainly a fast clearance and instant transmission with low overhead in its utility to a population of users.   Hence crypto could be of great use to Venezuela and its people and I hope thats just how it turns out, everyone is better off with a system that works better.    But I've not read too much yet, if theres programmers available I hope they are valued and able to help the situation positively develop.

From what I remember, some years back India had a population of about 30% of its nation living on a dollar a day.      Maybe 10 years ago say, they have come a long way since
http://web.worldbank.org/archive/website01291/WEB/0__C-248.HTM

axioman was reported for flooding the thread.

NCTULX2KMAI5HNNEIPL7OFXQETMZ6CYDLK7VNG3F :::::: The Petroman  226 Petros............12.000$ to the trash

http://explorer.nemchina.com/?#/s_account?account=NBC2LLR5W2NSH6MYI7O6PT7OF34CSL55L27ZXTQZ

http://explorer.nemchina.com/?#/s_account?account=NATWRRG53SJCYGRRDYEX4YVEHX3U2OKNMX6TNPHS

http://explorer.nemchina.com/?#/s_account?account=NC2LEUTTZVOZLP6TBZSZFWTFR3MQ7O3LXZYXRRM4

http://explorer.nemchina.com/?#/s_account?account=NCGBBZKOTERO3EXMPPCNDNDXZQQJXBEMWWO7MB66


Only in the first there are some movements (the rest is the origin), but they are derisory according to the smoke sold.

june-7-2018

The purchase of Bitcoins in Venezuela has risen during the last quarter

The interest of Venezuelans in buying Bitcoin has increased significantly in the last three months. In a CriptoNoticias report published on Wednesday, June 6, LocalBitcoins data were cited representing a trade volume of approximately 6,918 billion bolivares, which is equivalent to 582 bitcoin at the time of writing.

Venezuela experienced its first cryptocurrency boom in early 2017, when a record volume of 805 bitcoins exchanged in a week was established.

After that, the level of interest for crypto in Venezuela decreased, coinciding with a decrease in the volume of transactions to only 150 bitcoins bought per week.

However, according to CriptoNoticias, in early and mid-2018, the investment in Bitcoin increased again in the Caribbean country, as shown by the LocalBitcoins exchange data. The volume of the Venezuelan bolivar to the Bitcoin exchange increased by 138% from March to April, and by 39% more from April to May.

CriptoNoticias also points out that the first week of June was in line with this scale. During the last week of May, approximately 4.9 trillion bolívares were spent in bitcoins, while in the first week of June the volume grew 40.8% to 6.9 trillion.

In addition, the growing interest in Bitcoin is linked to hyperinflation in Venezuela. As Bolívar continues to fall, at the end of May, hyperinflation in the country exceeded 25,000%, according to Forbes. For years, the Central Bank of Venezuela has not issued official figures for inflation in the country, which is why external references are used for this type of studies.

According to Similarweb, Venezuelans represent the majority of the Localbitcoins audience, followed by US visitors. UU and the United Kingdom.

Despite the crisis, the demand for BTC in other Latin American countries is notoriously lower than in Venezuela, where in addition to the inflationary process, access to foreign currency is restricted.

Subsequently, it is mentioned that during the month of May the following amounts of BTC were exchanged in Localbitcoins in these countries: Colombia, 597 BTC; Peru, 327 BTC; Brazil, 163 BTC; Mexico, 156 BTC; Chile, 121 BTC and Argentina, 67 BTC.

where are the petros ??

a deception, pure smoke, another scam, from the Bolivarian regime to the Venezuelan people

Always the same, pure chatter but not an explanation of why there are no more transactions in the platform of NEM.