http://strategiccoin.com/maduro-takes-credit-bitcoin-offering/"Venezuelan President Nicolas Maduro took credit for the recent bitcoin price decline, arguing that the impending launch
of Venezuelas state-sponsored petro cryptocurrency has reduced demand for decentralized cryptocurrencies."
Now that we know the cause, what should we do? Convert BTC to Petro?
It seems like a joke, i don't think he can cause damage to BTC with his Petro, just meaningless. BTC will bounce back with better momentum by end of Feb or march first week.