Yes. Those are simply basic facts, in contrast with hate propaganda.

That's obviously false like most of the stuff you post.
Pre-sale was based on offers as everybody knows and Maduro kept saying that they were receiving offers: never said that was the amount raised (the media did).
Maduro never said "200.927 million": that's another ridiculous lie. He could have said "200 thousands" and stg.

Least surprising news ever.

Embarrassing troll btw.

CNN is a propaganda joke but yes it could likely be used in trade with China and India. And for all Venezuelan oil trade actually.

Maybe. But most Europeans can easily make bank transfers online if they have correct details with an IBAN. That's ridiculous.

This is an ICO: offering simple ways to pay is the most important thing they must do.

OMG you are a clown. Why would you buy in the first place? Nobody would buy while complaining like you. So you're probably even a liar.
Apart from that, I don't see what you would be "exposing".

Venezuelan opposition people online often seem escaped from a psychiatric hospital  

For me it's not a problem i don't even have euros.

This is just a stupid bank account code in a web page. 5 minutes to fix. If these were the only problems in Venezuela, the entire world would immediately migrate there. But yeah, if the process gets too complicated, interested people risk to give up.

Anyway ICO investors are attracted by profits and used to complex procedures, so they are resilient... but it isn't nice to see errors like this.

Very disappointed: the data for the Euro bank transfer is wrong as cryproviagra said! This really is an annoying amateur mistake: that website is managed really by a company lacking experience or seriously understaffed. Hope they will improve the website soon.

How people in Europe willing to invest are supposed to do if they cannot even pay? From what I understand they have a Russian account and a German intermediary. But people with euro can generally only transfer to a IBAN bank account.

This should be responsibility of Abrahan Landaeta Parra, Treasurer of cryptoassets of Venezuela! @AbrahanDLP



     

It does not mean that the process is not manual. Surely it is. It means you are a fraudster. Not all people are as you might think, so expect many (maybe you as well) will get their discounts. I don't know how pre-sale discounts are managed though. True this is a lack of clarity in the sale process.


I agree that the website has shown a serious lack of professionalism. It's quite sad to see trivial things go wrong: they are paying a very high price for this mistakes. That said, this is probably one of the most ambitious and yet one of the fastest ICO created. It has been done in record times, so I knew (and wrote) at the beginning that there would have been problems here and there. I suppose they'll fix the IBAN soon.

Russian bank transfer system is already operational and used by some Russian banks. Its adoption outside Russia will obviously take time and will probably only focus on certain markets (oil and gas are certainly among them). SWIFT will likely be killed by crypto/blockchain technology anyway.

I cannot confirm it. I just said that as an hypothesis. Probably they'll send the Petros earlier.

A confused delirium. No exchanges: false. The rest is pathetic. Get a grip (or make an effort to get some information).

Good point. It's sure there will be human verification for all transactions.

USD owners will have to sell their shit currency and buy BTC or ETH (very cheap today!) to buy PTR

For Euros they can use SEPA. For Rubles of course it's SWIFT (not for long though, Russians will replace it), but there's no risk to pass through US banks.

If it was a hard fork of Petro, that automatically gives tokens to those who already invested in Petro, it could be great for Petro investors and have an interesting effect on the markets. But all depends on the "backing" mechanism, mostly for the second crypto.

Interesting situation. Let's see...

Respect. I like this approach: there are millions of tons of bs around, you can't imagine how much. Use your brain and your gut feeling.

So let's make an hypothesis. You payed in Bitcoins, today...
- BTC/USD today = $7930 USD (quite low).
- Petros without discount = $60 USD.
- Let's say you bought 1 BTC worth of PTR.

If they apply the current rate, you'd get 132.16 PTR (without discounts!). And this is likely the minimum.

If they apply a rate when the ICO ends, it could be different:
- If BTC/USD is $6000, you'd get 100 PTR (without discounts!). Unlikely!
- If BTC/USD is $9000, you'd get 150 PTR (without discounts!). Very possible.
- If BTC/USD is $11000, you'd get 183.33 PTR (without discounts!).
- If BTC/USD is $13000, you'd get 216.66 PTR (without discounts!).

It means that you would very likely get AT LEAST 132 PTR, or more. Maybe much more, if you also consider a possible discount.

BUT if they apply the rate of the day you paid (today in your case), it's your choice. You decided to pay today. That's how a very volatile market like crypto works.

Be happy. Time will tell.

Good news and bad news.

BAD NEWS: It's still unclear how to calculate how many Petros you'll get. The official page does not show the discount you'd get (if any) and the conversion rate that will be applied.
The possible conversions are the following: EUR/PTR, RUB/PTR, BTC/PTR, ETH/PTR, XEM/PTR
But we don't know WHEN this conversion will actually be done. The crypto market is very low now, but might go up.

GOOD NEWS: It is likely that the conversion will be done the day the ICO closes. It means that, if the crypto market recovers (which is expected in the coming weeks/months), you could actually get more Petros than you would expect today (at the time of writing BTC is 8000 USD). Maybe many more.


Patience: this is Caribbean and latin rhythms. Healthy and sexy. Take it easy: updates will come.

[UPDATE] Petro is now available to buy!

I can confirm that once the verification phase ends, you can access the page to buy Petros. Interestingly enough, and as far as i can tell, you CANNOT buy Petro with USD. You can use crypto (BTC, ETH, XEM), EUR or RUB.

There is a HELP page showing the process (only in Spanish, at the time of writing): http://elpetro.gob.ve/help/

This actually makes sense, also to protect buyers: the risk of seeing the SWIFT dollar transactions blocked by the well known world "democratic" tyranny is very high, after they imposed sanctions.

Well, you are disappointed with the volatility of crypto currencies. And you blame the Petro. Sit back and relax: maybe it's even an advantage for you, as you pay now and you get the Petros at the end of the ICO, when cryptos will probably have a higher value. It's actually unclear what conversion rate will be applied: BTC/PTR, ETH/PTR etc. Be patient.

Next? Anybody else who needs to blame the Petro for the weather, their personal problems, the global warming? Mice in the house? Petro.

Any problem? Petro is there for you to blame! Is your life shit? Blame Petro and be happy today!