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Topic: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela - page 25. (Read 28472 times)

newbie
Activity: 30
Merit: 0
Amateurs or not they still have been able to interview the developer and it looks like the overall situation is not ideal.

You are right. But actually they are no amateurs. So if anyone knows Spanish I recommend to read the article as I did translate only a very small part of the interview with the developer:

https://awriterwithfreedom.wordpress.com/2018/05/19/el-petro-es-el-hijo-malquerido-de-dos-rusos-muy-cercanos-al-escandalo/
That's a very curious article. I read a lot about how Russia was involved, this one cleared many things up. And besides, did you translate the part in the end, where it says that venezuelan government didn't even pay them?
newbie
Activity: 38
Merit: 0

Exchange control of the Venezuelan regime killed the petro and everything.   

The Petro was born dead!!

If only Venezuela hadn’t been a dictatorship, it would have been a truly innovative initiative. Taking into consideration that now Venezuela is suspended from OAS, El Petro will soon be under insurmountable pressure.
newbie
Activity: 30
Merit: 0
One of the developers present at the "launch" in February...
and your source is an anonymous story from a free wordpress blog.
very convincing.



AHAHAHAH they're hilarious... beyond imagination. A wordpress blog for a teenager bedroom conspiracy.  Grin
jr. member
Activity: 193
Merit: 1
While Venezuela does not sincere its economy, anything that is done is doomed to failure
jr. member
Activity: 193
Merit: 1

Exchange control of the Venezuelan regime killed the petro and everything.   

The Petro was born dead!!
jr. member
Activity: 172
Merit: 2
Amateurs or not they still have been able to interview the developer and it looks like the overall situation is not ideal....the fact that the website have stopped selling the Petros is honestly the best news surrounding the project, I hope to see the Petro in exchanges soon

Aside from that I haven’t heard any news about Petro since the time of election though. It seems like Maduro is avoiding this topic, am I right?
Right!!!
newbie
Activity: 35
Merit: 0
Amateurs or not they still have been able to interview the developer and it looks like the overall situation is not ideal....the fact that the website have stopped selling the Petros is honestly the best news surrounding the project, I hope to see the Petro in exchanges soon

Aside from that I haven’t heard any news about Petro since the time of election though. It seems like Maduro is avoiding this topic, am I right?
newbie
Activity: 38
Merit: 0
Estonia scales down plan to create national cryptocurrency
https://www.bloomberg.com/news/articles/2018-06-01/estonia-curbs-cryptocurrency-plan-that-drew-rebuke-from-draghi

Petro will succeed !! (in spanish)
https://www.youtube.com/watch?v=huJfngUp-x0
translation:
Quote
Being the first to be backed by national wealth, with which Venezuela can make international transactions independent of the terrifying dominance of the dollar.

Independence of terrifying dominance of the dollar has always been the subject of discussion with El Petro, there’s nothing new about it. Your source proves nothing either.
jr. member
Activity: 193
Merit: 1
In Venezuela, cryptocurrency exchange websites are blocked by Cantv
JUNE 2, 2018



The blocking of the DNS of the pages comes from the telecommunications and Internet services company of the Venezuelan State, Cantv. Two Venezuelan exchanges and the information page of the organization Dash Venezuela are among those affected. The fact that follows the closure of three exchange houses occurred last month.

For about two weeks in Venezuela, access to some websites related to the exchange and dissemination of information about cryptocurrencies has been restricted, due to an alleged blockage from the main national telecommunications service and Internet connection of the State, Cantv. This blockade could be due, according to some analysts, to accusations of alleged market manipulation and attack on the bolivar, the official Venezuelan currency. This measure can be similar to the one that has been dictated against the websites that publish the price of the parallel dollar in the country, which have been attacked and penalized.

This news follows the situation that occurred during the last month, when three cryptocurrency exchange platforms ─AirTM, Intercash and Rapicambio─ were closed for alleged activities related to the smuggling of notes and the setting of fees parallel to the currency market that controls the state. Currently, affected pages face allegations similar to the closure of these services. The closure of these three platforms was part of the "Operation Hands of Paper", aimed at combating "currency speculation" in which more than a thousand bank accounts were blocked.

Among the pages that have experienced the recent blockade are the exchange platforms Colibit and Cryxto, the official information page of the Dash Venezuela organization, as well as its ally Dash Help, and the DashVen price indicator.

The restricted access responds to a blockade of the DNS by Cantv, a state company attached to the Ministry of Popular Power for Science and Technology. There have also been failures from related service companies such as Digitel and NetUno, which is why service users have had difficulties accessing these platforms in recent weeks. However, it is possible to access them from other Internet connection companies in the country, such as Movistar.

According to the informant "those affected should go to Conatel" (the regulator of the telecommunications sector in the country) to present the claim. However, it is important to highlight that Conatel, also of the State, has closed several means of communication and digital pages.

Facing this situation, Rafael Useche, founder and CEO of Colibit, one of the affected exchanges, says that since the failures began on May 22, the exchange platform team has taken "all possible measures" to continue providing the service.

About accusations of market manipulation, the Cryxto exchange team explains that its objective is not to attack the Venezuelan exchange market and that its platform only accounts for the commercial value of Ripple in bolivars among the users of the exchange.

"The rates indicated in our platform correspond solely and exclusively to purchase and sale operations of the Ripple cryptocurrency (XRP) in bolivars and under no circumstances do we endorse nor recommend they be used for other purposes," reads a tweet from the official account of Cryxto.

It should be noted that none of these exchange platforms is aimed at the issue of referential values ​​for currencies or for the Venezuelan fiat currency; instead, they reflect the prices with which their users exchange digital currencies. Similarly, affected pages such as Dash Venezuela and Dash Help are information and technical support platforms, related to digital currency, and are not related to currency market speculations.

According to an informant close to the representatives of Cantv, who preferred to remain anonymous, there is a blocking order for all those "pages that mark referential speculative prices for the bolivar". Actually, this decision has been made public several times.

The exchange platforms Colibit and Cryxto have been clear with their users about the situation and have created alternatives, such as the opening of technical supports and the possibility for users to withdraw their investment funds from digital assets of the platforms.

Regulation of exchange houses
This news is part of important legislative changes made by the national government in terms of cryptography and that allegedly aim to support commercial operations with cryptocurrencies. However, at the time of writing, the president of Venezuela has only approved the launching of 16 exchange houses that aim to promote commercial activities with Petro, the cryptocurrency issued by the government, and other digital currencies.

To date, none of these exchange houses has officially pronounced on the incorporation of Petro in its platforms. Some of the exchanges that currently operate in the country and have suffered the blockade, are waiting for an official statement by the Superintendence of Cryptoactives and Related Activities, the body in charge of issuing the relevant permits and regulations in Venezuela.

"We are waiting for a formal response from the Superintendency of Cryptoactives and Related Venezuelan Activities (...) this action taken by the State leaves us in a situation compromised with our clients to whom we owe", according to a statement from Colibit sent by mail to its users. And similarly, in a Twitter post on Cryxto.

Article by Manuel Briceño / DiarioBitcoin
jr. member
Activity: 193
Merit: 1
the petro is not a cryptocurrency.

2+2 = 4

the petro is a scam.

the earth is round.


¡¡¡Only the Chavistas insist on maintaining the dictatorial regime!!!



jr. member
Activity: 181
Merit: 1
Estonia scales down plan to create national cryptocurrency
https://www.bloomberg.com/news/articles/2018-06-01/estonia-curbs-cryptocurrency-plan-that-drew-rebuke-from-draghi

Petro will succeed !! (in spanish)
https://www.youtube.com/watch?v=huJfngUp-x0
translation:
Quote
Being the first to be backed by national wealth, with which Venezuela can make international transactions independent of the terrifying dominance of the dollar.
STT
legendary
Activity: 4046
Merit: 1447
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coups, endless lies, insults, mafias to any kind of physical, economical and psychological aggression you can imagine. Petro and the people around it are tougher than you can dream, i'm afraid.

For 20 years we've read and seen this insults on the mainstream media, social media and from the people parroting the media, billions have been spent to destroy Venezuela and Chavez... but the violence from the US and the wealthy opposition has been beaten over and over again, peacefully, while the popular support of chavismo has resisted. With the Petro we've seen the same intolerance and arrogance of the colonial brainwashed white men who think they know it all and actually know very little: that makes it even more clear to me that Petro will succeed.


To be fair, even normal size ICO often take far longer then expected from initial idea to full wheels on the ground working enterprise.   Whats usually quicker is the token people can flip, but all the workings of an actual business behind that takes far longer.

I dont know this is the case with Petro but if it really is an ambitious project that will encompass an entire country then thats going to take far longer then a cardboard facade prop up ICO token.   Its possible they are progressing and putting in the workings, people are speculating negatively and positively on this and PTR is not being traded ?  which is frustrating for many no doubt, are they behind schedule officially yet or was it left open.

As far as adversities, I see every economy as challenging itself as naturally everyone wants to profit from exchange of value.   Either the whole exchange system is positive and participants gain in some part on average or it throws itself off kilter and diminishes and alternatives once again take over.
newbie
Activity: 182
Merit: 0
A big deal... Governments don't do interviews, the press does. Wonder where the press is. You live in a parallel world.
jr. member
Activity: 137
Merit: 5
Amateurs or not they still have been able to interview the developer and it looks like the overall situation is not ideal.

You are right. But actually they are no amateurs. So if anyone knows Spanish I recommend to read the article as I did translate only a very small part of the interview with the developer:

https://awriterwithfreedom.wordpress.com/2018/05/19/el-petro-es-el-hijo-malquerido-de-dos-rusos-muy-cercanos-al-escandalo/
jr. member
Activity: 172
Merit: 2
Amateurs or not they still have been able to interview the developer and it looks like the overall situation is not ideal....the fact that the website have stopped selling the Petros is honestly the best news surrounding the project, I hope to see the Petro in exchanges soon
newbie
Activity: 182
Merit: 0
One of the developers present at the "launch" in February...
and your source is an anonymous story from a free wordpress blog.
very convincing.


AHAHAHAH they're hilarious... beyond imagination. A wordpress blog for a teenager bedroom conspiracy.  Grin
jr. member
Activity: 193
Merit: 1

the petro is not a cryptocurrency, the petro is a scam.
jr. member
Activity: 181
Merit: 1
One of the developers present at the "launch" in February...
and your source is an anonymous story from a free wordpress blog.
very convincing.

Quote
In that interview, Carlos Vargas, Superintendent of Cryptocurrencies, among other topics, said:
yes, i already said that.
that they are supposedly waiting orders to move to the next step.
newbie
Activity: 43
Merit: 0
¿new news soon?
1001622794646454272
May 30, TV interview about the Petro, 12:30 (noon) venezuelan time.

In that interview, Carlos Vargas, Superintendent of Cryptocurrencies, among other topics, said:

"... que están a la espera que el presidente Nicolás Maduro autorice la liberación del Petro, para que sea comercializado en las casas de cambio virtuales autorizadas."

Redacción Noticiero Venevisión
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