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Author Topic: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela  (Read 27686 times)
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October 08, 2018, 09:48:02 PM
 #1261

Who outside of Venezuela can access the new website? Someone have some news about a possible swap or Taseenb is also hiding the scam from the Venezuela scammers regime??? None of the links work in Europe 🤬🤬🤬
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October 09, 2018, 01:24:43 PM
 #1262

As per this article https://masternode.buzz/petro-coin-ptr-whitepaper-review/, the value of 1 PTR should be around $60. Do you guys think it's realistic ?
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October 09, 2018, 01:49:59 PM
 #1263

As per this article https://masternode.buzz/petro-coin-ptr-whitepaper-review/, the value of 1 PTR should be around $60. Do you guys think it's realistic ?


As of today, in the real world, a petro should be $ 34.78. Of course, due to hyperflation, it drops daily
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October 09, 2018, 01:51:54 PM
 #1264

https://twitter.com/phenobarbital/status/1049342981290037253

https://twitter.com/r4vatar

https://twitter.com/phenobarbital/status/1049112269949423616

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October 09, 2018, 02:11:01 PM
 #1265

As per this article https://masternode.buzz/petro-coin-ptr-whitepaper-review/, the value of 1 PTR should be around $60. Do you guys think it's realistic ?


As of today, in the real world, a petro should be $ 34.78. Of course, due to hyperflation, it drops daily

At this speed the PTR could be less than 5 $ at 5th novembre.
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October 09, 2018, 03:21:39 PM
Merited by nutildah (1)
 #1266

What do you think a Venezuelan will do if he can buy Petros in BsS and then change it to dollars?    It's obvious


https://noticiasdiarias.com.ve/precio-del-dolar-paralelo-de-hoy-16-de-abril-de-2018/
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October 10, 2018, 04:22:54 PM
Last edit: October 11, 2018, 01:39:02 AM by coinve
 #1267

- it looks like the register is already open.

- blockchain explorer is still not active (link dead).

- about the wallet, for now you can only download the manual.
the wallet was developed using Qt5.
to use the wallet on Linux, you have to install some dependencies.

- it says Petro will be a X11 (PoW/PoS) coin.
some say it will be something like DASH.

- it says Petro will be ¿active? in November.
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October 11, 2018, 08:24:49 AM
 #1268

To be fair USA and a few other countries raised costs, especially USA if you wish to revoke citizenship there is an increasingly high exit charge.   The reason for that is the debt and taxes that are liable no matter where you are in the world earning, tax is due to Washington DC so gradually the fee to not pay those taxes for life has been rising roughly in line with the national debt which is now 21 trillion and with 440 billion deficit.
   The main difference is the average wages national for USA is higher and their currency has far more stable worth but its generally true every government is wanting to control tax payers exiting their system more.  I think there is an overall fiscal failure globally, Japan lots of places where as in 2008 it could be described more as company based with some government backing/schemes

Im interested if the proof of stake element to this new proposal is significant incentive for retention of the currency and helps transaction confirmation, does sound an improvement to me over a purely unilateral solution.

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|ROULETTE
MINES
TOWERS
DICE
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October 14, 2018, 05:48:38 PM
Last edit: October 14, 2018, 06:04:05 PM by Arnaud
 #1269

ok petro for november.
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October 29, 2018, 10:26:25 AM
 #1270

New error in the white paper, the minimum unit of exchange is not 0.000001 but 0.00000001


https://explorador.petro.gob.ve/tx/c831e3f573409fbbfff5365e171f8fec3c99a666e7d8b5a1e13485154634565c
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October 29, 2018, 01:25:36 PM
 #1271

Desde el 21 de agosto de 2018 el Banco Central de Venezuela publica cada día hábil bancario la referencia en otras divisas de libre convertibilidad:



                                       Cotización del Petro respecto a otras divisas


Fecha            Yuan      Euro     Lira      Rublo    DólarCAD   Libra   Franco   Rupia     DólarEE.UU
26/10/2018   417,01   52,77   338,18   3 932,93   78,41   46,82   60,00   4 394,40   60,00
25/10/2018   416,76   52,65   340,67   3 923,40   77,97   46,51   59,90   4 392,00   60,00
23/10/2018   417,02   52,32   340,64   3 909,42   78,64   46,24   59,78   4 413,90   60,00
22/10/2018   415,82   52,11   340,61   3 923,73   78,63   45,97   59,80   4 402,80   60,00
19/10/2018   416,31   52,37   339,54   3 951,93   78,47   46,07   59,76   4 412,40   60,00
18/10/2018   415,72   51,99   335,34   3 925,50   77,93   45,68   59,56   4 412,40   60,00
17/10/2018   414,83   51,81   340,46   3 922,81   77,69   45,49   59,41   4 408,20   60,00
16/10/2018   415,23   51,76   347,52   3 940,05   77,84   45,57   59,24   4 426,80   60,00
15/10/2018   413,51   51,75   356,96   3 976,30   78,24   45,34   59,38   4 443,60   60,00


...................But they stopped being dependent on the dollar.....................
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October 29, 2018, 01:46:17 PM
 #1272

magnificent

https://twitter.com/YManjoud/status/1056586478078304257
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October 30, 2018, 05:53:26 AM
 #1273

What is happening in here  Roll Eyes Huh Shocked Grin

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October 30, 2018, 08:49:33 PM
 #1274

As per this article https://masternode.buzz/petro-coin-ptr-whitepaper-review/, the value of 1 PTR should be around $60. Do you guys think it's realistic ?


As of today, in the real world, a petro should be $ 34.78. Of course, due to hyperflation, it drops daily

I thought the benefit was to be a link to the price of oil or that is not applicable to the plain token just future issuance.   Oil has been going up so in theory isnt that a positive underlying ptr

Overall I just wish this had been left wings unclipped and released into the hands of users.  Crypto should not be unilateral, its by exchange that use accumulates

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|ROULETTE
MINES
TOWERS
DICE
CRASH
──── ─── ─
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October 31, 2018, 06:39:47 AM
 #1275

What do you think a Venezuelan will do if he can buy Petros in BsS and then change it to dollars?    It's obvious


https://noticiasdiarias.com.ve/precio-del-dolar-paralelo-de-hoy-16-de-abril-de-2018/

Congrats, today's the day you became a Jr Member. If it weren't for his "America is evil" rhetoric then coinve would still be a newbie.

- it looks like the register is already open.

- blockchain explorer is still not active (link dead).

- about the wallet, for now you can only download the manual.
the wallet was developed using Qt5.
to use the wallet on Linux, you have to install some dependencies.

- it says Petro will be a X11 (PoW/PoS) coin.
some say it will be something like DASH.

- it says Petro will be ¿active? in November.

Funny how the government claims they've been paying for things with it for the past 4 months. Also funny how everything keeps getting delayed. Wonder what the reason for the next delay will be. Probably "America"  Cheesy

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October 31, 2018, 09:14:19 AM
 #1276

What do you think a Venezuelan will do if he can buy Petros in BsS and then change it to dollars?    It's obvious


https://noticiasdiarias.com.ve/precio-del-dolar-paralelo-de-hoy-16-de-abril-de-2018/

Congrats, today's the day you became a Jr Member. If it weren't for his "America is evil" rhetoric then coinve would still be a newbie.

- it looks like the register is already open.

- blockchain explorer is still not active (link dead).

- about the wallet, for now you can only download the manual.
the wallet was developed using Qt5.
to use the wallet on Linux, you have to install some dependencies.

- it says Petro will be a X11 (PoW/PoS) coin.
some say it will be something like DASH.

- it says Petro will be ¿active? in November.

Funny how the government claims they've been paying for things with it for the past 4 months. Also funny how everything keeps getting delayed. Wonder what the reason for the next delay will be. Probably "America"  Cheesy

Petro uses the hash X11 algorithm. It also uses the PoS (Proof of Stake) and PoW (Proof of Work) algorithms for protection.So is it mineable?

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October 31, 2018, 10:39:47 AM
 #1277

Petro uses the hash X11 algorithm. It also uses the PoS (Proof of Stake) and PoW (Proof of Work) algorithms for protection.So is it mineable?

If it uses X11 then it should be, though it might just be vaporware for all anybody knows.

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November 02, 2018, 07:21:37 AM
 #1278

Petro copy of uphold


https://uphold.com/

https://www.youtube.com/watch?v=QFgMXRED-KY
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November 02, 2018, 07:51:24 AM
 #1279

Petro uses the hash X11 algorithm. It also uses the PoS (Proof of Stake) and PoW (Proof of Work) algorithms for protection.So is it mineable?

If it uses X11 then it should be, though it might just be vaporware for all anybody knows.
it looks like Petro can't be mineable, because it's a combination of those who use the POS and POW algorithms, but it's better to ask one of the Petro Teams here, hopefully your answer will be helped

 
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November 02, 2018, 08:25:00 AM
 #1280

As per this article https://masternode.buzz/petro-coin-ptr-whitepaper-review/, the value of 1 PTR should be around $60. Do you guys think it's realistic ?


As of today, in the real world, a petro should be $ 34.78. Of course, due to hyperflation, it drops daily

I thought the benefit was to be a link to the price of oil or that is not applicable to the plain token just future issuance.   Oil has been going up so in theory isnt that a positive underlying ptr

Overall I just wish this had been left wings unclipped and released into the hands of users.  Crypto should not be unilateral, its by exchange that use accumulates

Why do you keep trying to rationalize this coin having any value whatsoever? The coin is "backed" by oil that hasn't been dug out of the ground yet, which requires money for extraction, which Venezuela doesn't have. The price of 1 barrel of oil is about $51 -- its gone down from $60 in February.

The petro went from being a token on NEM to being vaporware; that's not a step up.

C'mon and just tell us the truth -- you bought some petros didn't you? Good luck with that, you're gonna need it.

Petro uses the hash X11 algorithm. It also uses the PoS (Proof of Stake) and PoW (Proof of Work) algorithms for protection.So is it mineable?

If it uses X11 then it should be, though it might just be vaporware for all anybody knows.
it looks like Petro can't be mineable, because it's a combination of those who use the POS and POW algorithms, but it's better to ask one of the Petro Teams here, hopefully your answer will be helped

You're right I forgot that it can't be mined since its supposedly backed by oil in reserves, all of which may not even be there. There are no petro teams here. Never have been. If they stepped foot in this forum they would have their phony intellectual clocks cleaned.

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