And again about Venezuela

[Fahim]

In Venezuela, the elections for President were over, no one certainly doubted that Maduro would win. So, many countries reacted very decisively. Many don't believe in the fairness of the elections, and one by one the countries began to withdraw their ambassadors. Canada stated that such elections are unacceptable.

https://www.wsj.com/articles/after-venezuela-strongmans-victory-isolated-nation-faces-growing-chaos-1526935047

Do you think that the possible isolation of Venezuela from many states can affect the cost of the El Petro currency? After all, India alone is not enough to maintain the value at a high level. Or do these sanctions and statements of other countries mean nothing and don't affect the value of the national cryptocurrency?

[makishart]

In Venezuela, the elections for President were over, no one certainly doubted that Maduro would win. So, many countries reacted very decisively. Many don't believe in the fairness of the elections, and one by one the countries began to withdraw their ambassadors. Canada stated that such elections are unacceptable.

https://www.wsj.com/articles/after-venezuela-strongmans-victory-isolated-nation-faces-growing-chaos-1526935047

Do you think that the possible isolation of Venezuela from many states can affect the cost of the El Petro currency? After all, India alone is not enough to maintain the value at a high level. Or do these sanctions and statements of other countries mean nothing and don't affect the value of the national cryptocurrency?

The isolation of the venezuela will give a lot of impact on the relationship between every country to the venezuela. Remember petro is a crypto backed by the oil. If you own petro and you can try to exchange it into oil. The bad relationship between those countries and venezuela will give an impact to the trade of oil between venezuela and those are isolating venezuela. Maduro tries to kill himself. The national crypto of venezuela will lose a lot of trusts.

[stoxalpha]

If Venezuela is now doing such unfriendliness with relations with other countries, then their encryption will inevitably be affected. If so many countries do not agree with their new president, then this country will be isolated. Their economy will suffer serious consequences.

[Getcoinsite]

Venezuela is a independent country that can stand  by its own,so why this country bothers about what would be the decision of election as if they're country is affected by this election..

This only prove one thing that this countries has a intention in venezuela,why not let them live with their own as long as they are not against of worldwide laws that them being a member.

[pranazzs]

In Venezuela, the elections for President were over, no one certainly doubted that Maduro would win. So, many countries reacted very decisively. Many don't believe in the fairness of the elections, and one by one the countries began to withdraw their ambassadors. Canada stated that such elections are unacceptable.

https://www.wsj.com/articles/after-venezuela-strongmans-victory-isolated-nation-faces-growing-chaos-1526935047

Do you think that the possible isolation of Venezuela from many states can affect the cost of the El Petro currency? After all, India alone is not enough to maintain the value at a high level. Or do these sanctions and statements of other countries mean nothing and don't affect the value of the national cryptocurrency?

If I think, it will affect the price of crypto in Venezuela. so that's what I prefer with the top coins that are in the top 10 position of coinmarketcap.

[jakartanthor]

Unfortunately those illegal sanctions may affect the price, which is totally unfair because thode countries consider elections unconstitutional and falsified when in fact Venezuela is more of democracy than the USA.

[peterthegreat]

Not sure if the presidential election will affect the prices or the usage of cryptos but it does look like so many people are interested in it. As for the illegal sanctions that everyone keeps talking about, that is the kind of news that can negatively affect the price of cryptos. I am not worried because it would not do a lot of damage and the cryptocurrency market has lived through much worse than that.